Parity watch -> Who's next?

[mb300sd]

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

[SgtSpike]

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.

[chrsjrcj]

Togo! Not to be confused with Toga. 

[Elwar]

I think I like Toga better.

[beckspace]

Toga Party!!!

[BitPirate]

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

[Gatekeeper]

lol GROUP BUY!!
Aruba looks nice

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

[slothbag]

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.

[molecular]

lol GROUP BUY!!
Aruba looks nice

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

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.

[molecular]

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

[BTC Books]

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

That is remarkable.

[Vladimir]

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

[Crazy]

[Bit_Happy]

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? 

[jl2012]

New ATH 87.7, next target: Maldives

[josiahgarber]

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

[oakpacific]

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.

[cpt_howdy]

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

[Rothgar]

Maldives             $974,900,000.00    $89.28

ATH:  $89.25

so close!

[jl2012]

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