Search content
Sort by
Showing 12 of 12 results by VODisAdick
Re: Please Help need advice certain government preparing to make a move on bitcoin
Where I live not to say the name is planning to bann bitcoins
I have been tring to figure out a strategy how to induce
bitcoin into this market as a norm.So I have 4 people
who are willing to accept bitcoins as payments and I am
willing to buy their bitcoins a litte off market
price....1 of these people works in UX designs the other sells
sporting uniforms via online they manufacturer it & the 3rd
is actually a musician and the 4th lending but on a national level..
In the news out here Jose Gutierrez already announced
that the government has issued mandated watch by law enforcement
on bitcoins and crypto "must be because i went on proof and made a
crypto coin called the electro peso in like 3 minutes
just kidding"But they are
starting their campaign against crypto so I need help...I need some incentive
to give these business to move with crypto ......all comments are welcome if
they bring positive value....thank you
So What type of help or advice do you need ? I don't understand the question mateI have been tring to figure out a strategy how to induce
bitcoin into this market as a norm.So I have 4 people
who are willing to accept bitcoins as payments and I am
willing to buy their bitcoins a litte off market
price....1 of these people works in UX designs the other sells
sporting uniforms via online they manufacturer it & the 3rd
is actually a musician and the 4th lending but on a national level..
In the news out here Jose Gutierrez already announced
that the government has issued mandated watch by law enforcement
on bitcoins and crypto "must be because i went on proof and made a
crypto coin called the electro peso in like 3 minutes
just kidding"But they are starting their campaign against crypto so I need help...I need some incentive
to give these business to move with crypto ......all comments are welcome if
they bring positive value....thank you
so they can earn some bitcoin now that we are redistributing wealth they are the people that bitcoin was intended to
help
your trying to line your pockets up
Re: Math Question? 21000000 bitcoins vs 2,000,000,000 users
Hey check this out
("In 2014, according to the CIA's World Factbook, the GWP totalled approximately US$107.5 trillion in terms of purchasing power parity (PPP), and around US$78.28 trillion in nominal terms. The per capita PPP GWP in 2014 was approximately US$16,100 according to the World Factbook")
107.5 trillion divided by 21 million = 5,119,047 PER BITCOIN BY 2020 give or take a million and now I have the math to prove it BTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTC
("In 2014, according to the CIA's World Factbook, the GWP totalled approximately US$107.5 trillion in terms of purchasing power parity (PPP), and around US$78.28 trillion in nominal terms. The per capita PPP GWP in 2014 was approximately US$16,100 according to the World Factbook")
107.5 trillion divided by 21 million = 5,119,047 PER BITCOIN BY 2020 give or take a million and now I have the math to prove it BTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTC
Re: Math Question? 21000000 bitcoins vs 2,000,000,000 users
there is no direct relationship or better said a magic formula between the number of coins available and number of users involved with bitcoin. which means you can not make any calculations only based on how many users there are.
1 person may be willing to invest $1 million and pay $100,000 for each coin but another person may be willing to invest $1 and pay no more than $100 per coin.
obviously these two create different demand.
May I ask you, if I were to calculate how many transactions per day on blockchain + unconfirmed1 person may be willing to invest $1 million and pay $100,000 for each coin but another person may be willing to invest $1 and pay no more than $100 per coin.
obviously these two create different demand.
That would give me the average of working capital ("actual bitcoins being used per day")then I add 10% transaction fee'sof total
then take that number "uffff I hate math"!!! ...
How about this can anyone answer this question?
Where can I find information on how many transactions are being done per day geographically per country
Re: Math Question? 21000000 bitcoins vs 2,000,000,000 users
oh dear too few coins to go around and BTC is falling over under the load of a mere
seven transactions a second so lets hope SegwitX2 can reduce the burden because the
BTC miners look like they plan a "Lock-in" and the fees will hit $100 per transaction
long before BTC could ever reach $25,000
Did I hear someone from the back shouting "Lightning Network"
https://www.youtube.com/watch?v=UYHFrf5ci_g
Good job I understand that type of stuff but do you !
Well I guess I should dump the idea ??seven transactions a second so lets hope SegwitX2 can reduce the burden because the
BTC miners look like they plan a "Lock-in" and the fees will hit $100 per transaction
long before BTC could ever reach $25,000
Did I hear someone from the back shouting "Lightning Network"
https://www.youtube.com/watch?v=UYHFrf5ci_g
Good job I understand that type of stuff but do you !
never the less I need to figure out the math
Re: Math Question? 21000000 bitcoins vs 2,000,000,000 users
Listen fellas the topic is about a math problem FOCUS PLEASE
if 2,000,000,000 uses join the free from bondage movement "BE YOUR OWN BANK"
so lets say 11,000,000 bitcoins are used by 2,000,000,000 people
WTF just help me with the math
if 2,000,000,000 uses join the free from bondage movement "BE YOUR OWN BANK"
so lets say 11,000,000 bitcoins are used by 2,000,000,000 people
WTF just help me with the math
Re: Math Question? 21000000 bitcoins vs 2,000,000,000 users
The question is: why would you want to know? the calculation will be based on a lot of assumptions anyway.
Or are you calulating when you would be a millionaire or billionaire ?
Instead of following news messages of people telling us bitcoin will reach $1 Million and stuff like that, I like to ignore them, sit back and just enjoy the ride
No matter what people / calculations are telling you... nobody knows for sure what will happen.
Look at it like a good book. You wouldn't read it if someone spoiled the ending for you.
Well The reason I would like to know is because I work from home Or are you calulating when you would be a millionaire or billionaire ?
Instead of following news messages of people telling us bitcoin will reach $1 Million and stuff like that, I like to ignore them, sit back and just enjoy the ride
No matter what people / calculations are telling you... nobody knows for sure what will happen.
Look at it like a good book. You wouldn't read it if someone spoiled the ending for you.
and I need a good sales pitch which i'm working on to get small business
hooked up with bitcoin payment system but I need to mathematically
show them in my sales pitch why is bitcoin a great payment system
even though the swings are so rocky and I cant figure the correct
way to do the math on this because of all the factors...but if I can
show them how the market will stabilize in the future with simple
division or multiplication i can probably bring the sales in.....
So i need to have my math down so I don't studder....
Like this The reason you know the payments from your
sales will be safe " even if the market fluctuates
day in and day out you will be able to pull money out daily or weekly
to safeguard your profits .....here is the math xxxxxxxxxxx blah blah blah and
bringing you a 45 % increase in sales yadayada yada so can i get you signed up
.............
so im tring to do the math on this thing can to fit it in to my shpeel ...
get it good
Re: Math Question? 21000000 bitcoins vs 2,000,000,000 users
your right except I made a mistake it's only 11,000,000 bitcoins circulation to the general public
because there are 4 million held by very rich people
Satoshi Nakamoto has 1 million the twins are estimated to have a million
the DEA//FBI have a cool million that they took from silk road
and hedge funds & escrows are estimated to have 2 million
miners are estimated how hold about 500,000 between all of them
and their are about 1 million coins in the air lost wallets and such
China has a big bitcoin stash too.
and we the people hold about the rest
because there are 4 million held by very rich people
Satoshi Nakamoto has 1 million the twins are estimated to have a million
the DEA//FBI have a cool million that they took from silk road
and hedge funds & escrows are estimated to have 2 million
miners are estimated how hold about 500,000 between all of them
and their are about 1 million coins in the air lost wallets and such
China has a big bitcoin stash too.
and we the people hold about the rest
I'm trying tho figure out How much wood could a wood chuck chuck if a wood chuck could chuck wood?
If it gets to the point where there are 2,000,000,000 users how would I calculate the price of bitcoin
assuming that there would be 12 million bitcoins in circulation ..
Does anyone have an Idea How I would calculate this ??
A more or less the value in US paper Fiat?
If it gets to the point where there are 2,000,000,000 users how would I calculate the price of bitcoin
assuming that there would be 12 million bitcoins in circulation ..
Does anyone have an Idea How I would calculate this ??
A more or less the value in US paper Fiat?