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Author Topic: Parity watch -> Who's next?  (Read 56403 times)
mb300sd
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March 25, 2013, 08:41:03 PM
 #41

Hmm, it would be interesting to see the parity between the highest amount of BTC in one address and wether or not they can yet buy a country.

111111 BTC * 75.6 = ~$4 million.

Montserrat: $ 16,170,000


Pretty sure you dropped a digit somewhere...

111111 BTC * 75.6 = 8,399,991.6

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March 25, 2013, 08:41:31 PM
 #42

Hmm, it would be interesting to see the parity between the highest amount of BTC in one address and wether or not they can yet buy a country.

111111 BTC * 75.6 = ~$4 million.

Montserrat: $ 16,170,000
We're talking about the money supply of various countries though, not what it would take to buy a country.
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March 27, 2013, 02:32:11 AM
 #43



Togo! Not to be confused with Toga.  Cheesy


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March 27, 2013, 02:34:00 AM
 #44

I think I like Toga better.

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Pool your bitcoins with others. Vote on solutions using the Bitcoin blockchain. Keep your bitcoins in your cold storage until you find a solution you like.
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March 27, 2013, 02:37:28 AM
 #45

Toga Party!!!


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March 27, 2013, 02:58:44 AM
 #46

Sorry to harsh the toga party buzz... you missed Turkmenistan off the "surpassed already" list ;-)

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March 27, 2013, 03:02:43 AM
 #47

lol GROUP BUY!!
Aruba looks nice

come back in a year and buy a country YaY!! Grin

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(1470) <KLYE> I will fuck a chicken for 250 btc
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March 27, 2013, 05:29:34 AM
 #48

Great stats..

So correct me if i'm wrong, but if the bitcoin market cap hit 33 Trillion (which is all those countries M1 put together) then we could assume that every single fiat dollar has been exchanged/discarded from every country in the world and transferred into Bitcoin.   How does that work? Someone has to be left holding a very big bag of fiat? sucks to be them!

Based on Bitcoins eventual 21 Million, that would equal a price of $1.5Mil per bitcoin.

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March 27, 2013, 05:38:33 AM
 #49

lol GROUP BUY!!
Aruba looks nice

come back in a year and buy a country YaY!! Grin

I don't think we can stop this nonsense, it's just too appealing to "buy an island".

The value of a country is much higher than the M1 money supply floating around in it.

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March 27, 2013, 05:40:08 AM
 #50

Great stats..

So correct me if i'm wrong, but if the bitcoin market cap hit 33 Trillion (which is all those countries M1 put together) then we could assume that every single fiat dollar has been exchanged/discarded from every country in the world and transferred into Bitcoin.   How does that work? Someone has to be left holding a very big bag of fiat? sucks to be them!

Based on Bitcoins eventual 21 Million, that would equal a price of $1.5Mil per bitcoin.

You mean roughly 1 satoshi per Dollar-Cent? It's as if Nakamoto had planned this in advance Wink

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March 27, 2013, 05:48:06 AM
 #51

Great stats..

So correct me if i'm wrong, but if the bitcoin market cap hit 33 Trillion (which is all those countries M1 put together) then we could assume that every single fiat dollar has been exchanged/discarded from every country in the world and transferred into Bitcoin.   How does that work? Someone has to be left holding a very big bag of fiat? sucks to be them!

Based on Bitcoins eventual 21 Million, that would equal a price of $1.5Mil per bitcoin.

You mean roughly 1 satoshi per Dollar-Cent? It's as if Nakamoto had planned this in advance Wink

That is remarkable.

Dankedan: price seems low, time to sell I think...
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March 27, 2013, 05:51:09 AM
 #52

Aliens! I am telling you Bitcoin was planted by the aliens !!!  Roll Eyes

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March 27, 2013, 06:22:09 AM
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March 27, 2013, 06:34:27 AM
 #54

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

That's getting serious.


How many of these countries have their currency rate set at a place like MtGox?  Cheesy
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March 27, 2013, 09:33:25 AM
 #55

New ATH 87.7, next target: Maldives

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March 27, 2013, 11:43:20 AM
 #56

Maybe all the of us bitcoiners should pool our bitcoin and buy a small country. :-)
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March 27, 2013, 11:44:21 AM
 #57

Maybe all the of us bitcoiners should pool our bitcoin and buy a small country. :-)

Or converting every citizen of an island nation into a bitcoiner, that would be much easier.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
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March 27, 2013, 01:54:39 PM
 #58

Selection of countries vs. Bitcoin




code:
//chart.googleapis.com/chart?chxl=0:|%240|%24250m|%24500m|%24750m|%241%2C000m|1:|Montserrat|Tonga|West+Bank|The+Gambia|Saint+Lucia|Seychelles|Cayman+Islands|Burundi|Sierra+Leone|Bhutan|Rwanda|Fiji|Turkmenistan|Aruba|Bitcoin|2:|Narrow+Money+Supply+(M1)+-+CIA+Factbook+end+2012&chxp=0,0,250,500,750,1000|2,50&chxr=0,5,1005|1,5,100&chxs=0,676767,12.5,0,l,676767|1,676767,12.5,0.5,l,676767&chxt=x,y,x&chbh=a,5,6&chs=580x425&cht=bhs&chco=A2C180,FF9900&chds=0,1000,5,1005&chd=t:0,868,828,794,673,423,398,372,334,325,271,224,132,68,16|886&chma=30,0,30&chtt=Bitcoin+Market+Capitalisation+vs.+World+Money+Supplies+(March+27th%2C+2013)&chts=000000,14.5
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March 27, 2013, 05:26:18 PM
 #59

Maldives             $974,900,000.00    $89.28

ATH:  $89.25

so close!

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March 27, 2013, 05:29:33 PM
 #60

Maldives             $974,900,000.00    $89.28

ATH:  $89.25

so close!

It's passed: 89.245*10956700 = 977,830,691.5 > 974,900,000.0

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