The Magic Number is $756.01 US

[jjacob]

The title depicts what the exchange rate needs to be for Bitcoin to have a market cap of $10B.

Calculated: $10,000,000,000/13,227,375 BTC = $756.01 US

I'll update the thread's title periodically.

~Bruno Kucinskas

The magic number is $640, and we seem to be getting there. 

[hermanhs09]

Wow, nice thread. I really like the idea of keeping track how much progress we still have to make till we get to that magical $10 billion market cap. I'm sure it's going to be very soon

@Ognasty love the idea. The comparison should be interesting.

[zimmah]

Instead of tracking a 10B market cap, you could track something like the market cap of various tech and money transfer companies.  You should also use all 21 million coins in your magic number, since people already know they will exist and the market has theoretically already corrected for their presence.

Market Cap = 1 BTC price

MoneyGram = $36
Western Union = $440
Twitter = $1,380
GLD ETF = $1,538
SPY ETF = $8,231
Facebook = $9,517
Apple = $29,454

Gold = $352,525
Tax haven bank accounts = $1,428,571    (Source: RunToGold.com)

there's that much money in tax haven bank accounts?

never knew.

just to be clear, that's just money sitting in the bank right, not invested or anything, liquid cash?

[OrangeII]

Well, you're right, and that number continues to grow, even at this time the price was higher. I guess the price of bitcoin will not cease to accrue for now, I do not know what happened but it was really good

[DeathAngel]

We'll reach the 10 billion market cap but I'm not sure when, probably after the halving. Surely we can't reach 700 before?

[coinsplz777]

We'll reach the 10 billion market cap but I'm not sure when, probably after the halving. Surely we can't reach 700 before?

that was for 2014, right now we need BTC @ us$645  to reach 10B market cap,  that will for sure happen any time now( next week!).

[zimmah]

We'll reach the 10 billion market cap but I'm not sure when, probably after the halving. Surely we can't reach 700 before?

that was for 2014, right now we need BTC @ us$645  to reach 10B market cap,  that will for sure happen any time now( next week!).

highest market cap ever reached was $13.9 billion

we're getting petty close to crush that.

[polynesia]

We'll reach the 10 billion market cap but I'm not sure when, probably after the halving. Surely we can't reach 700 before?

that was for 2014, right now we need BTC @ us$645  to reach 10B market cap,  that will for sure happen any time now( next week!).

highest market cap ever reached was $13.9 billion

we're getting petty close to crush that.

We would need a 50% appreciation to reach that level.
I wouldn't call that pretty close. 
I do believe that we will eventually get there..

[Decoded]

*Will update thread title periodically*
Are you seriously gonna update the title every block

Ermahgah. Light bulb. We need an app like btc-priceimg for this!