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Showing 20 of 115 results by bbulker
A stable price of $5000 would be great
Don't count on Bitcoin having price stability at $5,000, or any other amount measured in fiat.But apparently we can't deny the fact that bitcoin cannot be valued as 1btc=1btc because most of the people are accustomed of seeing some prices in $$.
Nothing can ever be valued by itself, that's recursive, everything is only valued by what you can trade it for.
The fair price is where the buyer and the seller can agree...it'll never be a single price, it will always be changing.
That's called market price.
Yes there is. http://en.wikipedia.org/wiki/Fair_value
The fair price is where the buyer and the seller can agree...it'll never be a single price, it will always be changing.
That's called market price.
Most of you don't seem to understand what "fair price" means. There's fair price and then there's market price.
This is valuing Bitcoin as if it were a company and the equipment used to secure and distribute transactions are the assets.
Your idea that we shouldn't even be using fiat is off-topic.
The valuation is accurate, Bitcoin is currently undervalued.
This is valuing Bitcoin as if it were a company and the equipment used to secure and distribute transactions are the assets.
Your idea that we shouldn't even be using fiat is off-topic.
The valuation is accurate, Bitcoin is currently undervalued.
I agree with you with what your saying. What I don't agree is what Fair price is for. Market price in my mind is always the fair price because that is what you can buy/sell it for at a given time. Fair Price is a speculation of what someone thinks it is worth, and to me that is worthless
It simply isn't. Fair price is certainty, market price is speculation.
Going to disagree with you there completely. Fair price is:
In accounting and economics, fair value is a rational and unbiased estimate of the potential market price of a good, service, or asset. It takes into account such objective factors as: acquisition/production/distribution costs, replacement costs, or costs of close substitutes.
This means that fair price POTENTIAL to be worth something, or it COULD, in the future be worth that, Again, it is a speculation of what the market price is and what it could be.
That's not what it means. It says potential market price because market price is unpredictable and based on human behavior. Fair price is based on factual evidence and rational logic.
Edit:
Let me give you an example. You and a buddy are neighbors in some remote place. You grow pears in 1 acre, he grows apples in 1 acre. At the end of the grow you and him like to trade some so you both have apples and pears. This season brought you 200 pears and him 400 apples. Fair price has it that you would give him 1 pear for each 2 apples. But, your buddy gives you some long story about how his wife hates pears and convinces you to give him 1 pear for each 1 apple, this is market price.
Most of you don't seem to understand what "fair price" means. There's fair price and then there's market price.
This is valuing Bitcoin as if it were a company and the equipment used to secure and distribute transactions are the assets.
Your idea that we shouldn't even be using fiat is off-topic.
The valuation is accurate, Bitcoin is currently undervalued.
This is valuing Bitcoin as if it were a company and the equipment used to secure and distribute transactions are the assets.
Your idea that we shouldn't even be using fiat is off-topic.
The valuation is accurate, Bitcoin is currently undervalued.
I agree with you with what your saying. What I don't agree is what Fair price is for. Market price in my mind is always the fair price because that is what you can buy/sell it for at a given time. Fair Price is a speculation of what someone thinks it is worth, and to me that is worthless
It simply isn't. Fair price is certainty, market price is speculation.
Most of you don't seem to understand what "fair price" means. There's fair price and then there's market price.
This is valuing Bitcoin as if it were a company and the equipment used to secure and distribute transactions are the assets.
Your idea that we shouldn't even be using fiat is off-topic.
The valuation is accurate, Bitcoin is currently undervalued.
This is valuing Bitcoin as if it were a company and the equipment used to secure and distribute transactions are the assets.
Your idea that we shouldn't even be using fiat is off-topic.
The valuation is accurate, Bitcoin is currently undervalued.
I don't get why everyone is freaking out over the fact that you can pay with Bitcoins to be spied on.
This is really not true.Bitcoin has a greater level of anonymity then using credit cards and other remittance methods.
They're talking about Dell spying on you. Even as far back as 2005, there have been controversies. Wouldn't surprise me if they're sill doing it. Chances are most companies do it, but it's one of those things people generally don't care enough about to find out and shop elsewhere.
The supposed "spyware" is their Help Center software that they use when the average PC user calls support about something they can't do in Windows. It's basically a remote access, which you can deny them accessing your PC when the dialogue pops up, similar to LogMeIn. It makes sense for them to have it, since customer service is their #1 priority and edge over the competition. Not to mention, it can easily be uninstalled. If you know enough about computers to uninstall it then you'll probably never need the Help Center anyways.
And what about the idea to use BITS ?
Sounds like a whole new coin to me nothing to do with bitcoin.
I think sat or s short for satoshi is acceptable, but I don't make the rules. Just think it is unwise to continue with mBTC and alike.
That is quite funny that you say "bit" sounds like a whole new coin and "satoshi" does not.
Most people won't even know the connection between Bitcoin and Satoshi.
FYI, the linux binary doesn't run out of the box on CentOS 6 (6.5 fully updated).
...
...
This is keeping me from updating my full node.
There are numerous people named Satoshi Nakamoto.
If you're so smart, name at least one..
HAHAHAHA
Re: Facebook starts testing Bitcoin payments on their Advertising Platform - BTC 1k!
Is this legit? Is there any indication of this not being a fabrication?
Agreed, this could be very easily faked.
they aren't a threat because they are not nefarious.
So why don't we just cut to the chase and pool all the mining power into a single pool owned by a single, non-nefarious, person?
The pool may not be a threat, but the possibility of downtime weakening the network is.