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Author Topic: Parity watch -> Who's next?  (Read 56372 times)
jl2012
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April 09, 2013, 04:23:57 PM
 #181

Heading to Albania!

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April 09, 2013, 04:24:22 PM
 #182

Honduras and Eq. Guinea down

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April 09, 2013, 08:47:49 PM
 #183

Damn bitcoiners can't pick a place to stay? Gotta go see ya! lol

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Ozymandias
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April 09, 2013, 10:05:09 PM
 #184

Damn bitcoiners can't pick a place to stay? Gotta go see ya! lol

A global community can't stay in one place; it needs the whole globe!

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April 09, 2013, 10:13:18 PM
 #185

It appears Bitcoin's M1 is already higher than M1 of the following countries:

That's getting serious.


So if March 19th was getting serious, what are we now?

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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April 09, 2013, 10:27:18 PM
 #186

I have a feeling Iceland is a key level. Everybody knows what it is. Saying "Bitcoin > Iceland" is a pretty good one liner.

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April 10, 2013, 04:25:04 AM
 #187

I have a feeling Iceland is a key level. Everybody knows what it is. Saying "Bitcoin > Iceland" is a pretty good one liner.

I agree.  Iceland was the canary in the coal mine - and showed the correct way out of the noose the banksters put around the throat of the EU (and all of us, really).  At over 4B, it's not too far away, we hope.

When (if) bitcoin hits the 14-billion dollar level, then we're looking at Cyprus - and that should pretty much lead to the mid-term extinction of the bears.  And the apologists for the existing financial infrastructure of the world.

Dankedan: price seems low, time to sell I think...
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April 10, 2013, 05:37:40 AM
 #188

I have a feeling Iceland is a key level. Everybody knows what it is. Saying "Bitcoin > Iceland" is a pretty good one liner.

I agree.  Iceland was the canary in the coal mine - and showed the correct way out of the noose the banksters put around the throat of the EU (and all of us, really).  At over 4B, it's not too far away, we hope.

When (if) bitcoin hits the 14-billion dollar level, then we're looking at Cyprus - and that should pretty much lead to the mid-term extinction of the bears.  And the apologists for the existing financial infrastructure of the world.

You keep talking like that and the WWF is going to come after you!  Cheesy
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April 10, 2013, 05:41:25 AM
 #189

this a great thread.   I am going to put away 21,000 BTC and come back in a few years and see what I have......
now I just need to hoard 21,000 BTC....

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April 10, 2013, 06:16:01 AM
 #190

I have a feeling Iceland is a key level. Everybody knows what it is. Saying "Bitcoin > Iceland" is a pretty good one liner.

You can already say that if you use the monetary base (M0) instead of M1. These 11M bitcoins we are using in this calculation are Bitcoin's monetary base and M1/2/3/4 as Bitcoin has no fiduciary money so far.

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April 10, 2013, 06:29:57 AM
 #191

I have a feeling Iceland is a key level. Everybody knows what it is. Saying "Bitcoin > Iceland" is a pretty good one liner.

You can already say that if you use the monetary base (M0) instead of M1. These 11M bitcoins we are using in this calculation are Bitcoin's monetary base and M1/2/3/4 as Bitcoin has no fiduciary money so far.


Yeah, I agree. The bitcoin float is more like M0.

Also it turns out these digital fiat bank deposits (M1) are not as sterile as economists/banker/govts would have us believe, it seems like there are hidden claims on them by sovereign and other unspecified creditors (particularly look at deposit "covered bonds" and convertible notes that are being traded against customers deposits in the shadow banking system.)

When you have bitcoin keys in your possession they are clearly more liquid than fiat bank deposits, so it is more like cash and coins i.e. physical currency. Imho the globe is slowly waking up to the fact that digital fiat is actually encumbered with liabilities and not as good as money as physical cash.

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April 10, 2013, 09:32:22 AM
 #192



We may be skipping a few countries.

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April 10, 2013, 10:02:43 AM
 #193


Yeah, I agree. The bitcoin float is more like M0.

Also it turns out these digital fiat bank deposits (M1) are not as sterile as economists/banker/govts would have us believe, it seems like there are hidden claims on them by sovereign and other unspecified creditors (particularly look at deposit "covered bonds" and convertible notes that are being traded against customers deposits in the shadow banking system.)


Yes.  It would be nice to have an unambiguous M0 report, and get M3 back, wouldn't it?

Dankedan: price seems low, time to sell I think...
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April 10, 2013, 10:04:45 AM
 #194

Would people be interested in a website that automatically displayed bitcoin statistics like these?
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April 10, 2013, 10:12:00 AM
 #195

Would people be interested in a website that automatically displayed bitcoin statistics like these?

there is this:
http://bitcoin.zinetsolutions.be/

"We are just fools. We insanely believe that we can replace one politician with another and something will really change. The ONLY possible way to achieve change is to change the very system of how government functions. Until we are prepared to do that, suck it up for your future belongs to the madness and corruption of politicians."
Martin Armstrong
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April 10, 2013, 11:09:15 AM
 #196

Would people be interested in a website that automatically displayed bitcoin statistics like these?

there is this:
http://bitcoin.zinetsolutions.be/
OK-so then not so interesting then
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April 10, 2013, 11:56:24 AM
 #197


Yeah, I agree. The bitcoin float is more like M0.

Also it turns out these digital fiat bank deposits (M1) are not as sterile as economists/banker/govts would have us believe, it seems like there are hidden claims on them by sovereign and other unspecified creditors (particularly look at deposit "covered bonds" and convertible notes that are being traded against customers deposits in the shadow banking system.)


Yes.  It would be nice to have an unambiguous M0 report, and get M3 back, wouldn't it?

M1 for Bitcoin should be significantly over M0. Mt. Gox is the proprietor of most of this debt, 1.5 million BTC worth, and they are not obligated to hold any reserves (so that is 100% that is floating).
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April 10, 2013, 08:35:38 PM
 #198

If the bitcoin crash continues some more days we will have a nice vacation at Antigua and Barbuda (20$)
I hope we stay there for a long time, it is a nice place there without lots of greedy noobs.
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April 10, 2013, 08:38:31 PM
 #199

Today we have been through so many countries one way and now coming back down the list the other way I think my passport is out of pages.   How many in one day?

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April 10, 2013, 09:02:27 PM
 #200

El Salvador, see you in 1-2 weeks (or less)   Wink

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