Mystery?? Probably just JP sending his 100 kg of gold from one account to
another to make e-gold look good :)
Thanks for the new stats page!! Excellent.
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At 7:08 AM -0500 4/14/01, SnowDog wrote:
>Your decimal is off. 4,814 / 80,000 = 6%
>
>Approximately 6% of funded e-gold accounts would be used every day, if each
>transaction listed in the velocity section came from a different account.
Indeed! My mistake!
6 percent is a much more reasonable n
> Further, let's say that each spend in the last 24 hours was done by a
> unique individuals. There's virtually no chance of that, but let's
> pretend anyway. Six tenths of one percent (0.6%) of e-gold users
> accounted for 1.4 million in transactions. So that 0.6% of e-gold
> users exchanged a
At 8:16 PM -0700 4/13/01, Vince Callaway wrote:
>Real wealth and economic growth is created by providing goods and
>services. As more people insist on being paid with E-Gold the growth of
>the E-Gold economy will continue. Those same people will look for
>merchants that are part of the same com
On Fri, 13 Apr 2001, Mike McNamara wrote:
[snip]
> I understand that there are countless micro-transactions and surely
> that accounts for some of the daily figure. But still... Based on
> the new stats page (which is great BTW) 63% of e-gold users have less
> than $10.
[snip]
You may be mis
One of the more recently touted aspects of the e-gold economy was the
"million dollars a day in transactions" figure. Fair enough I guess!
But I look at the distribution of wealth and think that it must be
utter nonsense.
There are far less than 2000 people in a position to do transactions
o
