Ninjastic
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Vycid
on 27/11/2013, 22:32:17 UTC
Quote from: alexeft on November 27, 2013, 10:30:48 PM
Quote from: macsga on November 27, 2013, 10:29:16 PM
Quote from: fred1111 on November 27, 2013, 10:27:14 PM
Quote from: macsga on November 27, 2013, 10:18:37 PM
The money in circulation today ($USA) is 1,18 trillion dolars [...] the projected theoretical value is 1,18 trillions of $ /21 Million Bitcoins= $56,190.47 per bitcoin.
How about the us debt + the rest of the world currencies?
We're talking about circulation (aka: the $ that can buy gramms of gold). Debt is not in circulation (or it may as well is - who knows Tongue )

About the only thing that is in circulation is debt, as even cash is debt. Someone took a loan for it to be around!!!  Grin

Not necessarily true. Governments pay people for stuff all the time.