Bravo! Khurram Khan --- "Viking Coder" <[EMAIL PROTECTED]> > wrote: >We'll start with known quantities. > >e-gold >in circulation - 44,475.17 oz. gold ($11.7 million) >total - 46,400.00 oz. gold ($12.2 million) >daily transaction volume - 5700 oz. gold ($1.5 million) > >US >in circulation - $562.949 billion >total - $817.577 billion >GDP - $8.511 Trillion ($23.32 billion/day) > >The ten smallest GDPs for countries that have their own currency. > >STD Dobra (São Tomé) - $164 million >TOP Pa'anga (Tonga) - $232 million >VUV Vatu (Vanuatu) - $240 million >WST Tala (Samoa) - $470 million >MVR Maldivian Rufiyaa (Maldives) - $500 million >DJF Djibouti Franc (Djibouti) - $530 million >SCR Seychelles Rupee (Seychelles) - $550 million >CVE Cape Verdean Escudo (Cape Verde) - $581 million >BZD Belize Dollar (Belize) - $700 million >SBD Solomon Islands Dollar - $1.15 billion (Solomon Islands) > >An e-gold velocity historical data point. >http://www.mail-archive.com/e-gold-list@talk.e-gold.com/msg02528.html > >9 Jun 1999 daily transaction volume - $6700 > >This works out to 225x in 20 months or 31%/month. > >Now on to the mathematical analysis... > >The GDP isn't the same as the transaction volume. The GDP is the amount of >official/logged transactions, i.e. retail, etc... However, we can figure >out the neccesary transaction volumes given two assumptions. > >- The correlation between circulation volume and transaction volume is the >same for all currencies. >- The correlation between GDP and transaction volume is the same for all >currencies. >(This isn't true, but we something to work with) > >We know the circulation of AUG & USD, the AUG transaction volume, and the >USD GDP. (Don't we just love TLAs :) > >This gives us... >USD daily transaction volume - $72.17 billion > >Which gives us the daily transaction volumes for the above ten currencies. > >STD (Dobra) - $1.35 million >TOP (Pa'anga) - $1.9 million >VUV (Vatu) - $1.97 million >WST (Tala) - $3.86 million >MVR (Maldivian Rufiyaa) - $4.11 million >DJF (Djibouti Franc) - $4.36 million >SCR (Seychelles Rupee) - $4.52 million >CVE (Cape Verdean Escudo) - $4.78 million >BZD (Belize Dollar) - $5.75 million >SBD (Solomon Islands Dollar) - $9.45 million > >Using the given e-gold growth rate, we can determine when e-gold's >transaction volume will exceed the listed currencies transaction volume. > >STD (Dobra) - Already exceeded >TOP (Pa'anga) - April >VUV (Vatu) - April >WST (Tala) - August >MVR (Maldivian Rufiyaa) - August >DJF (Djibouti Franc) - August >SCR (Seychelles Rupee) - September >CVE (Cape Verdean Escudo) - September >BVD (Belize Dollar) - October >SBD (Solomon Islands Dollar) - November > > >Viking Coder >________________ >Worth Two Cents? >http://www.2cw.org/VikingCoder > >--- >You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] >To unsubscribe send a blank email to [EMAIL PROTECTED] _____________________________________________________________ Get email for your site ---> http://www.everyone.net --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
