Bitcoin Forum
April 21, 2018, 07:42:48 PM *
News: Latest stable version of Bitcoin Core: 0.16.0  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Some quick math for fun: what if the total value of Bitcoin reaches X?  (Read 1841 times)
friedcat
Donator
Legendary
*
Offline Offline

Activity: 848
Merit: 1000



View Profile
February 26, 2012, 06:44:39 AM
 #1

We assume that all of the following happens after the day when 21 million BTCs have all been issued.

X=$332.9 million (The price of a Boeing 747-8 in 2011)
each BTC will worth $15.85

X=$1billion (The construction cost of the Roscoe Wind Farm, estimated)
each BTC will worth $47.62

X=$27.320billion (Ebay's total assets in 2011)
each BTC will worth $1300.95

X=$121.6billion (Vietnam's GDP in 2011)
each BTC will worth $5790.5

X=$8.48trillion (Total price of mined gold in the end of 2011, estimated)
each BTC will worth $403809.5

1524339768
Hero Member
*
Offline Offline

Posts: 1524339768

View Profile Personal Message (Offline)

Ignore
1524339768
Reply with quote  #2

1524339768
Report to moderator
1524339768
Hero Member
*
Offline Offline

Posts: 1524339768

View Profile Personal Message (Offline)

Ignore
1524339768
Reply with quote  #2

1524339768
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1524339768
Hero Member
*
Offline Offline

Posts: 1524339768

View Profile Personal Message (Offline)

Ignore
1524339768
Reply with quote  #2

1524339768
Report to moderator
1524339768
Hero Member
*
Offline Offline

Posts: 1524339768

View Profile Personal Message (Offline)

Ignore
1524339768
Reply with quote  #2

1524339768
Report to moderator
payb.tc
Hero Member
*****
Offline Offline

Activity: 812
Merit: 1000



View Profile
February 26, 2012, 06:54:01 AM
 #2

X=$0.05 (price of a lollipop in 1980's prices)
each BTC will be worth [not much]
ribuck
Donator
Hero Member
*
Offline Offline

Activity: 826
Merit: 1002


View Profile
February 26, 2012, 09:36:27 AM
 #3

X=$52,500
each BTC will worth $0.0025

Laszlo's payment of 10,000 BTC for a pizza will turn out to have been about right.
Kettenmonster
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250


bool eval(bool b){return b ? b==true : b==false;}


View Profile
February 26, 2012, 11:59:27 AM
 #4

Laszlo's payment of 10,000 BTC for a pizza will turn out to have been about right.
What if $ turns towards worthless? Well this pizza probably already is worthless.  Grin

The paining (sic!) is done with the QPainter class inside the paintEvent() method.
(source: my internet)
istar
Hero Member
*****
Offline Offline

Activity: 524
Merit: 500


View Profile
February 26, 2012, 12:43:46 PM
 #5

If same as Facebook.

X=$100 Billion (Estimated value of Facebook in 2012)
One BTC $4761

Bitcoins - Because we should not pay to use our money
Cosbycoin
Hero Member
*****
Offline Offline

Activity: 602
Merit: 500



View Profile
March 07, 2012, 02:43:29 AM
 #6

X=$52,500
each BTC will worth $0.0025

Laszlo's payment of 10,000 BTC for a pizza will turn out to have been about right.

Where is this event documented when it happened?

That's still one expensive pizza today. >$50k  Shocked


                 ▄▄▄██████████████████▄▄▄
            ▄▄██▀▀▀▀▀███████████████████████▄▄
        ▄▄███▀   ▄▄▄   ▀████████████████████████▄▄
     ▄██████  ▄███████▄  ▀██████████████████▀▀▀█████▄
   ▄███████    ███▀▀ ██    ███████████  ███▀  ▄███████▄
  █████████▄  ▄█▀  ▄███    ██████████  ▄██  ▄███████████
 ██████████████▀  ████▀   ▄██▀▀▀████  ▄████▀  ███████████
██████████████▀  ▄███▀   ▄█▀  ▄▄ ██▀ ▄█  ██  █████████████
██████████████   ▀     ▄██▀  ▄█  █▀  █   █▀▄  ▀███████████
█████████████▀  ▄███▄  ▀██   ██ ▄▄▄  █▀ ▄▄▀█▄  ▀▄█████████
█████████████   █████   ▀██▄ ▀▄████▄  ▄███▄▀  ▄███████████
 █████   ▀██▀  ▄█████    █▀▀█████████████████▀███████████
  ████   ▄█▀   █████    ██ ▀▄█▀▄▄▀█ ▀▄▀█▀▄▀ █▀█ ▀▄██████
   ▀███▄▄   ▄█▄ ▀▀     ███ █ █ ▄▄▄█  █ █ █  █ █ ██████▀
     ▀██████████▄▄▄▄▄█████▄█▄██▄▄██ █▄███▄█▄█▄█▄████▀
        ▀▀██████████████████████████████████████▀▀
            ▀▀██████████████████████████████▀▀
                 ▀▀▀██████████████████▀▀▀
      ..Powered by..
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
|
|
|
|

   ▀██▄       ▀████▄
▄    ▀██          ▀██▄
██▄ ▄███         ▄█████▄▄
 ▀███████▄     ▄██▀ ▀▀████
      ▀████▄ ▄██▀     ▀█▀
        ▀████▄
        ▄█▀████▄
      ▄███▄▀▀████▄
    ▄████▀    ▀████▄
  ▄████▀        ▀██▀█▄
  ▀██▀            ▀██▀
proudhon
Legendary
*
Offline Offline

Activity: 1274
Merit: 1000



View Profile
March 07, 2012, 02:56:16 AM
 #7

X=$52,500
each BTC will worth $0.0025

Laszlo's payment of 10,000 BTC for a pizza will turn out to have been about right.

Where is this event documented when it happened?

That's still one expensive pizza today. >$50k  Shocked

I look back fondly on the few hours last year when a 10,000 BTC pizza would have cost $320,000.
ribuck
Donator
Hero Member
*
Offline Offline

Activity: 826
Merit: 1002


View Profile
March 07, 2012, 11:42:45 AM
 #8

Quote from: ribuck
Laszlo's payment of 10,000 BTC for a pizza will turn out to have been about right.
Where is this event documented when it happened?
The pizza purchase was co-ordinated in this forum's Marketplace:
https://bitcointalk.org/index.php?topic=137

It was actually two pizzas for 10,000 BTC. Here's a comparison of that purchase with other expensive pizzas:
What is the world's most expensive pizza?
PulsedMedia
Sr. Member
****
Offline Offline

Activity: 402
Merit: 250


View Profile WWW
March 11, 2012, 07:34:38 PM
 #9

At least that pizza looks VERY delicious!
I wish one could get anywhere near like that around here in visual deliciousness factor at the very least.

http://PulsedMedia.com - Semidedicated rTorrent seedboxes
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!