remotemass (OP)
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Merit: 1016
ASMR El Salvador
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January 09, 2014, 07:50:17 PM |
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How many kilos of sugar do you think you will be able to buy with 1 BTC in 2045? What is your best guess? Today you buy some 600 Kg of sugar with 1 BTC... http://www.sainsburys.co.uk/groceries/index.jsp?bmUID=1389296816517 |
{ Imagine a sequence of bits generated from the first decimal place of the square roots of whole integers that are irrational numbers. If the decimal falls between 0 and 5, it's considered bit 0, and if it falls between 5 and 10, it's considered bit 1. This sequence from a simple integer count of contiguous irrationals and their logical decimal expansion of the first decimal place is called the 'main irrational stream.' Our goal is to design a physical and optical computing system system that can detect when this stream starts matching a specific pattern of a given size of bits. bitcointalk.org/index.php?topic=166760.0 } Satoshi did use a friend class in C++ and put a comment on the code saying: "This is why people hate C++".
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EvilPanda
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January 09, 2014, 08:31:49 PM |
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I would rather count use beer bottles as a counter, much more useful  |
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empoweoqwj
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January 10, 2014, 01:59:15 AM |
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Depends on the price of sugar and price of bitcoin  |
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Unluckyduck
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January 10, 2014, 02:38:06 AM |
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Depends on the price of sugar and price of bitcoin Great spam answer. |
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mpattison
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January 10, 2014, 02:45:59 AM |
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I think substantially more, because sugar will be considered a narcotic in most Western countries.  |
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empoweoqwj
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January 10, 2014, 02:55:35 AM |
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I think substantially more, because sugar will be considered a narcotic in most Western countries. There was a report on BBC yesterday saying "Sugar is the new tobacco". |
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lovely89
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January 10, 2014, 04:24:54 AM |
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I'm going to say 178 667 kg of sugar in the year 2045 with one bitcoin. This is only true if btc continues to be the dominant cryptocurrency which is anyone's guess in 31 years.
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Bitrated user: vanlovely.
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MsCollec
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Merit: 1000
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January 10, 2014, 04:34:46 AM |
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1BTC=1Kilo
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mpattison
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January 10, 2014, 04:37:35 AM |
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I think substantially more, because sugar will be considered a narcotic in most Western countries. There was a report on BBC yesterday saying "Sugar is the new tobacco". Heh. Now to convince the rest of my family I am not a crazy.  |
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Bigeyeone
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January 10, 2014, 04:41:39 AM |
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I think by the time we reach 2045, there won't be any sugar left in the world. Sugar will have been totally been replaced by designer sweeteners that are not as damaging to your health. Maybe sugar will still be grown as a source for fuel, bio ethanol, like they do big scale in Brasil, but chanches are even that will be obolete by 2045, because we should have cracked hydrogen fusion energy by that time.
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PMC: 19dNRVPcjsESqo8isdauc1gQ6PbUrAZor9
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jonanon
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January 10, 2014, 04:53:01 AM |
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I'd say 83,213 kg - based on nothing but pure guesswork |
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Dafar
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dafar consulting
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January 10, 2014, 05:01:04 AM |
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how many kilos of coke is the real question
1 kilo = ~$10,000
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ning
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January 10, 2014, 08:11:11 AM |
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Experience shows that, well, we never know until the day comes;)
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empoweoqwj
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January 10, 2014, 11:13:35 AM |
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I think substantially more, because sugar will be considered a narcotic in most Western countries. There was a report on BBC yesterday saying "Sugar is the new tobacco". Heh. Now to convince the rest of my family I am not a crazy. It will be on the BBC website somewhere |
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hyphymikey
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January 10, 2014, 11:19:21 AM |
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booger sugar?
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piramida
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Borsche
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January 10, 2014, 11:21:21 AM |
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Depends on the price of sugar and price of bitcoin Great spam answer. Not so great spam comment on a spam answer |
i am satoshi
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Tzupy
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January 10, 2014, 11:24:02 AM |
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0 (zero). SHA-256 will be cracked much sooner than 2045.
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Sometimes, if it looks too bullish, it's actually bearish
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hyphymikey
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January 10, 2014, 12:12:27 PM |
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0 (zero). SHA-256 will be cracked much sooner than 2045.
Nuh-uh... according to the TV show Almost Human, set in the 2100s, bitcoin will still be around. |
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jamesc760
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January 10, 2014, 12:19:26 PM |
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0 (zero). SHA-256 will be cracked much sooner than 2045.
I thought you couldn't crack SHA-256 even if you had all the energy of the Sun? My prediction is: 1 Kg Sugar = 0.001 BTC in year 2045. Pure sugar will have been declared an illegal substance and you will not be able to buy it. In 2045, a bitcoin will be worth at least 1 million dollars. Put it together and I come up with the above numbers. |
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porcupine87
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January 10, 2014, 02:04:15 PM |
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So you could buy 10kg sugar 12 months ago and today 600kg. So I can simple use TA and draw a line. So 2045 you can buy 3*10^54 kg of sugar.
So technical analysis rocks. I always thought it is crap but I sure it is right!
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"Morality, it could be argued, represents the way that people would like the world to work - whereas economics represents how it actually does work." Freakonomics
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thezerg
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January 10, 2014, 02:12:32 PM |
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Maui  |
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dg2010
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January 10, 2014, 03:06:34 PM |
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By 2045 sugar substitutes will replace real suguar and so the cost of sugar will plummet.
I would say you will be able to buy 500k Kilos of sugar by 2045.
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piramida
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Borsche
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January 10, 2014, 04:08:08 PM |
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0 (zero). SHA-256 will be cracked much sooner than 2045.
I thought you couldn't crack SHA-256 even if you had all the energy of the Sun? No, you can't count to 2^256 even if you had all the energy of the Sun. Cracking is usually done by finding and exploiting weaknesses; like for example, if you find a way to quickly determine two prime numbers k and p such that k * p = <a given large number>, you would be able to break all of the modern cryptography |
i am satoshi
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Mellnik
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January 10, 2014, 04:37:25 PM |
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Why do you think that in over 30 years everything works like it does today?
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GigaCoin
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Giga
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January 11, 2014, 03:59:49 PM |
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sugar will be used to power cybernetic androids in 2045, so price of sugar might be much higher than today.
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Qoheleth
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Spurn wild goose chases. Seek that which endures.
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January 13, 2014, 06:36:07 PM |
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0 (zero). SHA-256 will be cracked much sooner than 2045.
Then, I assume, you expect that Bitcoin's users will not be able (for whatever reason) to switch to another proof-of-work hash function when SHA-256 begins to show significant signs of weakness? |
If there is something that will make Bitcoin succeed, it is growth of utility - greater quantity and variety of goods and services offered for BTC. If there is something that will make Bitcoin fail, it is the prevalence of users convinced that BTC is a magic box that will turn them into millionaires, and of the con-artists who have followed them here to devour them.
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doge_speculator
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January 13, 2014, 09:44:27 PM |
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This would be a really good question to ask applicants at a consulting interview . Sugar seems to have basically followed inflation in dollar terms looking at the sugar #11 futures price and not doing anything but some rule of 70 mental math and averaging. It has been fairly volatile. There is politics involved in sugar and sugar producers are subsidized through trade measures and very powerful in US state politics. As such the price is probably inflated somewhat by this. Going forward the demand for sugar is also hard to project. World population will probably grow faster than sugar production capacity. Sugar demand is declining in developed nations due to health efforts but seems like it might become more of a part of the developing economies that prosper and that are being invaded by Coca Cola. All that is before trying to make any future projection about the price of bitcoin (much less the state of network communications) in 2045 |
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ubcjosh
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January 14, 2014, 04:36:15 AM |
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Over 9000 kg of sugar.
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notme
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January 14, 2014, 06:06:52 AM |
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21,000,000 kg of sugar per btc
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tom1
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January 14, 2014, 03:39:46 PM |
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21,000,000 kg of sugar per btc
[WTB] 21,000,000 kg sugar |
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