Post
Topic
Board Bitcoin Discussion
Topic OP
How to value bitcoin bitmap ordinals and what do you think about them?
by
Bulista
on 13/07/2023, 15:03:12 UTC
Bitmap ordinals can be hard to value, what concepts are you using to value them?

And what's your opinion on them?

I guess it's interesting to hear what the community has to say.

Here the conclusions I found on how to value them

1. 1 digit blocks (most valuable ones)

2. 2 digit blocks

3. 3 digit blocks

4. Blocks sub 10000

5. Blocks sub 100000

6. Blocks sub 32486 (2009 blocks, first year of bitcoin)

7. Palindromic Numbers (they are rare numbers, see here)

Number of digitsRange of numbersTotal numbers in rangePalindromic numbers in range
10-91010
210-99909
3100-99990090
41000-9999900090
510000-9999990000900
6100000-999999900000900

Examples: 828, 1001, 33633, 641146, 772277

8. Sequence numbers like 123456 or 654321

9. Repeating numbers like 11111, 21111, 100000 or 201201

10. By block value, see https://bitfeed.live/ for example block 395337 has a value of 1,067,392.4 bitcoin

Sites I use to check block details

https://bitfeed.live/

https://btcbitmap.com/verify

For trading

https://magiceden.io/ordinals/marketplace/bitmap

https://ordinalswallet.com/collection/bitmap

To analyze the market data

I extract all the data from magicdeden and ordinalswallet and then run some scripts on the data

To get all the bitmaps data from magiceden I get the data from their api directly, example url

For ordinalswallet data I download all their data via their api, example url

(don't open it via the browser the file is too large, download it as a file, analyze it with a script)

For bitfeed api, first get the block hash (example url) and then call the api (example url)