It has to be compared to something - a barrel of crude, a Big Mac, an iPhone 6. 
All denominate in $$ right now.
All denominate in $$ right now.
Compared to gold (the other store of value)
Topic: 1 Bitcoin is 1 Bitcoin no matter what the price ... (Read 2459 times)
Compared to gold (the other store of value)
It has to be compared to something - a barrel of crude, a Big Mac, an iPhone 6.
All denominate in $$ right now.
All denominate in $$ right now.
The OP got it right. Value =! price.
1 bannana wont't be 1 banana after 2 weeks.
But 1 BTC will remain 1 BTC after 2 weeks, 1 USD will remain 1 USD, 1 EUR will remain 1 EUR and 1 oz of gold will remain as 1 oz of gold.
Price is just a quantitative expression. The price of 1 BTC, or 1 USD, or 1 oz of gold or any other currency can change. But their value still remains.
In contrast, 1 green banana can have the same price of 1 mature banana, but do they hold the same value?
1 bannana wont't be 1 banana after 2 weeks.
But 1 BTC will remain 1 BTC after 2 weeks, 1 USD will remain 1 USD, 1 EUR will remain 1 EUR and 1 oz of gold will remain as 1 oz of gold.
Price is just a quantitative expression. The price of 1 BTC, or 1 USD, or 1 oz of gold or any other currency can change. But their value still remains.
In contrast, 1 green banana can have the same price of 1 mature banana, but do they hold the same value?
Each person have his own (bitcoin) value, there is a difference from value & price. At the moment the bitcoin price is just a merely speculation, but its value is much bigger than now.
The OP got it right. Value =! price.
1 bannana wont't be 1 banana after 2 weeks.
But 1 BTC will remain 1 BTC after 2 weeks, 1 USD will remain 1 USD, 1 EUR will remain 1 EUR and 1 oz of gold will remain as 1 oz of gold.
Price is just a quantitative expression. The price of 1 BTC, or 1 USD, or 1 oz of gold or any other currency can change. But their value still remains.
In contrast, 1 green banana can have the same price of 1 mature banana, but do they hold the same value?
1 bannana wont't be 1 banana after 2 weeks.
But 1 BTC will remain 1 BTC after 2 weeks, 1 USD will remain 1 USD, 1 EUR will remain 1 EUR and 1 oz of gold will remain as 1 oz of gold.
Price is just a quantitative expression. The price of 1 BTC, or 1 USD, or 1 oz of gold or any other currency can change. But their value still remains.
In contrast, 1 green banana can have the same price of 1 mature banana, but do they hold the same value?
Well if everybody looks at it that way. It will take off your mind and obsession about price movement
Price movement and volatility will be at or close to the forefront of the discussion with BTC for a long time - especially here in a Speculation sub-forum.
Well if everybody looks at it that way. It will take off your mind and obsession about price movement
You're observation is excellent glad i found this thread so you could clear that up.
If we didn't invest more than we could afford to lose we really wouldn't care about the price anyway.
If we didn't invest more than we could afford to lose we really wouldn't care about the price anyway.
nope.
1 btc = 0.9999 btc actually.
(There's 0.0001 btc transfer fee
)
1 btc = 0.9999 btc actually.
(There's 0.0001 btc transfer fee
)If your 1BTC has enough priority you don't have to pay any fees.
From that point of view 1BTC is still 1BTC
The same of 1€ = 1€ , but with your 1btc you can buy a lot of thing because it isn't a "inflationary coin" (or at least it seems).
nope.
1 btc = 0.9999 btc actually.
(There's 0.0001 btc transfer fee )
1 btc = 0.9999 btc actually.
(There's 0.0001 btc transfer fee
)If your 1BTC has enough priority you don't have to pay any fees.
From that point of view 1BTC is still 1BTC
right ?
thanks cakir for clearing things up i meant 1.001 BTC is always 1 BTC ? right
thanks cakir for clearing things up i meant 1.001 BTC is always 1 BTC ? right
Yeah just like 1 glass of water is 1 glass of water
1 bmw is 1 bmw
1 usd is one usd.
This is some real bagholder logic. It really makes me sad to see that people tell themselves this just to keep their sanity.
Surely bagholders are holding in the hope that bitcoin rises considerably? What's the point in holding otherwise? It's true though, but obviously everyone wants the fiat price people pay for it to rise.
well not really, the value does matter, if i buy 1 btc now and i sell it later at higher price, you know...
Nope , 1 bitcoin = 100 bitcoins. nuff said that's just the way it is my friend.
Maybe the value might be that much after a month.
Nope , 1 bitcoin = 100 bitcoins. nuff said that's just the way it is my friend.
why government regulations would cause BTC to stabilize
as far I know all small markets have swings, including the ones regulated by the gov
IMO if its regulated businesses would easily adopt btc and may cause an easy distribution and flow of bitcoin.
It will help with acceptance and adoption, but no part of the process will be made easy - especially when many other companies would stand to lose from BTC gaining traction.
why government regulations would cause BTC to stabilize
as far I know all small markets have swings, including the ones regulated by the gov
IMO if its regulated businesses would easily adopt btc and may cause an easy distribution and flow of bitcoin.
1 BTC = 1 BTC correct. However 1g of (insert the drug of your choice) on SR 3.5 gets more expensive every day. It seems like drugs are clearly in bubble mode!
No currency or commodity stands by itself. Bitcoin is no exception to this rule. We all know why you so desperately want bitcoin to stand by itself. It's not gonna work. When compared to USD, EURO, Gold, or Silver, BTC really deflated in value for more than a year now.
bitcoin raised from $5 to $1200 in a year.
it's just try to stable the price now.. IMO/
I doubt we would see bitcoin being stable ever.
yup, as long as it is not being regulated by the government, the price would be really swinging.
why government regulations would cause BTC to stabilize
as far I know all small markets have swings, including the ones regulated by the gov
No currency or commodity stands by itself. Bitcoin is no exception to this rule. We all know why you so desperately want bitcoin to stand by itself. It's not gonna work. When compared to USD, EURO, Gold, or Silver, BTC really deflated in value for more than a year now.
Did bitcoin really deflate though? If you look at Mt Gox the price appears to have been artificially inflated and has been undergoing a long and painful price correction. Where would the price be if Gox was never a factor?
No currency or commodity stands by itself. Bitcoin is no exception to this rule. We all know why you so desperately want bitcoin to stand by itself. It's not gonna work. When compared to USD, EURO, Gold, or Silver, BTC really deflated in value for more than a year now.
bitcoin raised from $5 to $1200 in a year.
it's just try to stable the price now.. IMO/
I doubt we would see bitcoin being stable ever.
yup, as long as it is not being regulated by the government, the price would be really swinging.
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