Topic: Bitcoin parity: what is a bitcoin worth? (Read 10325 times)
It is nearly worth the price of my Bengals season tickets. Hopefully we go even higher and I can afford luxury suites.
A brand new TV....
It's funny comparing old posts to posts today...just realising the 60x gain.
It's funny comparing old posts to posts today...just realising the 60x gain.
Right now, a bitcoin is worth a little more than what my computer cost, back in 2011 when I bought it.
Hmm, today I would trade a bitcoin for an XBox One or PS4 with a couple games to go along with the new system.
My original price assumption from above seems so distant now.
Eternal happiness, plus future considerations, borrowing from the following argument:
Q: Which would you rather have, eternal happiness or a ham sandwich?
A: A ham sandwich, because nothing is better than eternal happiness, and a ham sandwich is better than nothing.
Thus, a BTC is better than X, for any X.
Q: Which would you rather have, eternal happiness or a ham sandwich?
A: A ham sandwich, because nothing is better than eternal happiness, and a ham sandwich is better than nothing.
Thus, a BTC is better than X, for any X.
hero member
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It's all fun and games until somebody loses an eye
one bitcoin is now about the same price as one ounce of gold.
one porn service, eh...
An ounce of gold.
Someday we will mine gold in space from asteroids or other planets, bitcoins are limited to 21M.
So for me an ouce of gold = 0.01 BTC.
Forget mining from space, they will have an "atomic printer" and make anything they want. Whoever they are.
Making bitcoins could be tricky though
1 bitcoin is worth 1 gun. I was at a gunshop the other day and I noticed you can buy a gun* at the price equivalent of one bitcoin**.
* It was a little Phoenix arms 22lr pistol, not anything huge but still a gun.
** Using the MtGox price, which I know is questionable but it make the parity nice and even.
A bitcoin now is about the same price as I saw an SKS listed a couple years ago. The prices on guns has gone up dramatically the past couple years, not quite as much as bitcoins but definitely one of the highest increases in any one item class. That is mainly due to the political climate, and the fear that more guns were going to be banned. [Tinfoil hat] I suspect some of this political pressure came from the gun makers themselves, they certainly get a much bigger profit now selling the same thing.
* It was a little Phoenix arms 22lr pistol, not anything huge but still a gun.
** Using the MtGox price, which I know is questionable but it make the parity nice and even.
A bitcoin now is about the same price as I saw an SKS listed a couple years ago. The prices on guns has gone up dramatically the past couple years, not quite as much as bitcoins but definitely one of the highest increases in any one item class. That is mainly due to the political climate, and the fear that more guns were going to be banned. [Tinfoil hat] I suspect some of this political pressure came from the gun makers themselves, they certainly get a much bigger profit now selling the same thing.
Damn, I wish you could own guns in EU
In my country 1BTC is worth: 22" LCD, or a plane ticket to anywhere in Europe, or about 150 bottles of beer (that would be my personal choice
)
A crisp new $100 or two £50 notes buys most of a BTC.
I got a £50 note from the bank once, when I came to spend it the novelty made is easy to spend and be accepted, I know this isn't generally the case.
BTC has left coins behind long ago :-o £2 in general or in theroy £5 are the largest amounts in England for coins.
Can you edit some sequential dated historical ones into the first post? Like when a nail cost 1BTC
I got a £50 note from the bank once, when I came to spend it the novelty made is easy to spend and be accepted, I know this isn't generally the case.
BTC has left coins behind long ago :-o £2 in general or in theroy £5 are the largest amounts in England for coins.
Can you edit some sequential dated historical ones into the first post? Like when a nail cost 1BTC
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
1 bitcoin is worth 1 gun. I was at a gunshop the other day and I noticed you can buy a gun* at the price equivalent of one bitcoin**.
* It was a little Phoenix arms 22lr pistol, not anything huge but still a gun.
** Using the MtGox price, which I know is questionable but it make the parity nice and even.
A bitcoin now is about the same price as I saw an SKS listed a couple years ago. The prices on guns has gone up dramatically the past couple years, not quite as much as bitcoins but definitely one of the highest increases in any one item class. That is mainly due to the political climate, and the fear that more guns were going to be banned. [Tinfoil hat] I suspect some of this political pressure came from the gun makers themselves, they certainly get a much bigger profit now selling the same thing.
* It was a little Phoenix arms 22lr pistol, not anything huge but still a gun.
** Using the MtGox price, which I know is questionable but it make the parity nice and even.
A bitcoin now is about the same price as I saw an SKS listed a couple years ago. The prices on guns has gone up dramatically the past couple years, not quite as much as bitcoins but definitely one of the highest increases in any one item class. That is mainly due to the political climate, and the fear that more guns were going to be banned. [Tinfoil hat] I suspect some of this political pressure came from the gun makers themselves, they certainly get a much bigger profit now selling the same thing.
1 BTC is worh some quality 16GB of RAM
1 BTC is worth about .000000000000001 of any coin that doesnt have forced deflation.
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
I wonder how long it'll take before a bitcoin will be worth enough to buy an inexpensive computer. I'm thinking of my computer, which cost me $650 when I bought it in 2011.
I was just at a little computer shop yesterday, I was asking about their used computers. You can get a nice used computer and monitor for the price of one bitcoin.
I wonder how long it'll take before a bitcoin will be worth enough to buy an inexpensive computer. I'm thinking of my computer, which cost me $650 when I bought it in 2011.
1/21,000,000 of the world
You are saying the whole world is only worth 2.52 billion dollars? I think many economists would disagree with you. Just because there is a hard limit of 21 million bitcoins does not mean that each bitcoin is worth 1 21 millionth of the world, because they are just money and money has velocity.
Get 2.52 billion dollars and see how much bitcoin you can buy
1/21,000,000 of the world
You are saying the whole world is only worth 2.52 billion dollars? I think many economists would disagree with you. Just because there is a hard limit of 21 million bitcoins does not mean that each bitcoin is worth 1 21 millionth of the world, because they are just money and money has velocity.
What is worth 1 bitcoin? What would you buy for a single bitcoin? What would you sell for one bitcoin?
I would like this to be a historical thread, we can update it as the price of bitcoins change so we can look back at what a bitcoin is worth.
I would pay one bitcoin for:
- A good pizza.
- A t-shirt.
- An IMAX movie showing.
How creative can you be?
I would like this to be a historical thread, we can update it as the price of bitcoins change so we can look back at what a bitcoin is worth.
I would pay one bitcoin for:
- A good pizza.
- A t-shirt.
- An IMAX movie showing.
How creative can you be?
You would pay 1 btc for a freakin pizza? 130$+ for a freakin pizza?! It better have truffles all over it.
Check the date.
Date is indeed important - one year and two months before July 2011 someone paid 10,000 BTC for two pizzas...
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