Topic: Bitcoin pricing (Read 3708 times)
Anyone still wanna talk about pricing since now it has dropped to 10$ and I see no way its getting up....
i was late to the party for coins been at it only a grand total of 3 months (know about them for about 5, just didnt jump the shark.) so my highest sale was a small $15
i'm hoping prices will return there soon. would be nice.
i'm hoping prices will return there soon. would be nice.
So, my theory is that cant there be any bidding system put into the marketing sites like bitmarket.eu , tradehill etc .
I mean if some one bids 13.95$ then the next bidder has to be atleast .05 - .1 more than the last one . ie the next bidder has to bid more than 14$ .
In this way the cost of a bitcoin will dramatically increase and the buyers will also dont have to fear about the drops in bitcoin prices .
Say you set up such a system, and the price on that system goes to $18. As soon as there's nobody left whose willing to pay $18 for a bitcoin, and some guy on some other system starts offering them for $17, nobody would trade on that system.I mean if some one bids 13.95$ then the next bidder has to be atleast .05 - .1 more than the last one . ie the next bidder has to bid more than 14$ .
In this way the cost of a bitcoin will dramatically increase and the buyers will also dont have to fear about the drops in bitcoin prices .
You can't sell something for more than it's worth unless you can keep a ready supply of suckers.
If someone can setup that system...One buyer will know that if he buys a bitcoin now he will surely sell it off at a higher price since the next person must bid .1$ more .
Mmmmmm super-deflation. With my 1 BTC, someday I can buy...THE WORLD!!! Mm...mua...mua ha ha...MUA HA HA HA HA
So, my theory is that cant there be any bidding system put into the marketing sites like bitmarket.eu , tradehill etc .
I mean if some one bids 13.95$ then the next bidder has to be atleast .05 - .1 more than the last one . ie the next bidder has to bid more than 14$ .
In this way the cost of a bitcoin will dramatically increase and the buyers will also dont have to fear about the drops in bitcoin prices .
Say you set up such a system, and the price on that system goes to $18. As soon as there's nobody left whose willing to pay $18 for a bitcoin, and some guy on some other system starts offering them for $17, nobody would trade on that system.I mean if some one bids 13.95$ then the next bidder has to be atleast .05 - .1 more than the last one . ie the next bidder has to bid more than 14$ .
In this way the cost of a bitcoin will dramatically increase and the buyers will also dont have to fear about the drops in bitcoin prices .
You can't sell something for more than it's worth unless you can keep a ready supply of suckers.
If someone can setup that system...One buyer will know that if he buys a bitcoin now he will surely sell it off at a higher price since the next person must bid .1$ more .
31.9 was the all time high. Almost every article/ newspiece related to bitcoin mentions it.
Actually:
Code:
June 10, 2011, 12:19 p.m. Obtain: 32.99 USD Gave: 1.00 BTC 32.99 USD 0.19794 USD Commission
Granted I can't prove it more than that or a SS from my TH account that someone will claim I photoshopped, but I did sell for $32.99.
Guys, we don't need to convince ourselves that bitcoins are worth $1mil each - we already know that. 
It's everyone else who needs convincing.
It's everyone else who needs convincing.
That, or we could just say all Bitcoins are worth $1,000,000 and save some time.
Good idea. I have one for sale if you're interested.
[/quote
Ok, but then you have to buy mine for $1,000,001.
That, or we could just say all Bitcoins are worth $1,000,000 and save some time.
Good idea. I have one for sale if you're interested.
So, my theory is that cant there be any bidding system put into the marketing sites like bitmarket.eu , tradehill etc .
I mean if some one bids 13.95$ then the next bidder has to be atleast .05 - .1 more than the last one . ie the next bidder has to bid more than 14$ .
In this way the cost of a bitcoin will dramatically increase and the buyers will also dont have to fear about the drops in bitcoin prices .
Say you set up such a system, and the price on that system goes to $18. As soon as there's nobody left whose willing to pay $18 for a bitcoin, and some guy on some other system starts offering them for $17, nobody would trade on that system.I mean if some one bids 13.95$ then the next bidder has to be atleast .05 - .1 more than the last one . ie the next bidder has to bid more than 14$ .
In this way the cost of a bitcoin will dramatically increase and the buyers will also dont have to fear about the drops in bitcoin prices .
You can't sell something for more than it's worth unless you can keep a ready supply of suckers.
Hi Guyz,
I am new in this Bitcoin world. And doing mining with a HD 5870 .
The thing that I am trying to say is that ..A month ago around the last week of june , the price of a bitcoin was 18$ ( USD ) approx .
Now, currently it has fallen down to 13.95$ - 14$ approx
So, its constantly dropping. Plus from my situation I find that after giving the electricity bill I have very few buvks to spent around .
So, my theory is that cant there be any bidding system put into the marketing sites like bitmarket.eu , tradehill etc .
I mean if some one bids 13.95$ then the next bidder has to be atleast .05 - .1 more than the last one . ie the next bidder has to bid more than 14$ .
In this way the cost of a bitcoin will dramatically increase and the buyers will also dont have to fear about the drops in bitcoin prices .
I hope I have made my theory clear.
If there any questions feel free to reply here .
Sorry for my bad English ,
Thanks
abcduploader
I am new in this Bitcoin world. And doing mining with a HD 5870 .
The thing that I am trying to say is that ..A month ago around the last week of june , the price of a bitcoin was 18$ ( USD ) approx .
Now, currently it has fallen down to 13.95$ - 14$ approx
So, its constantly dropping. Plus from my situation I find that after giving the electricity bill I have very few buvks to spent around .
So, my theory is that cant there be any bidding system put into the marketing sites like bitmarket.eu , tradehill etc .
I mean if some one bids 13.95$ then the next bidder has to be atleast .05 - .1 more than the last one . ie the next bidder has to bid more than 14$ .
In this way the cost of a bitcoin will dramatically increase and the buyers will also dont have to fear about the drops in bitcoin prices .
I hope I have made my theory clear.
If there any questions feel free to reply here .
Sorry for my bad English ,
Thanks
abcduploader
That, or we could just say all Bitcoins are worth $1,000,000 and save some time.
If it was known that the price of bitcoin would go up then it would of gone up, just as if it was known that the price of bitcoin was going to go down it would of gone down. Right now the price of bitcoin is the price of bitcoin. If you want to keep your bitcoins keep them, if you want to sell your bitcoins sell them. But whatever you do next probably some reading like http://en.wikipedia.org/wiki/Market_economy is a good place to start.
Guyz...just calm down...
All I wanna know is whether the price of bitcoin will go up ...around 20$ would be great.
What was the all time high I dont care I just wanna see the price getting high , So that I have some extra cash after giving the electricity bill.
I have around 5 bitcoins in my wallet so what should I do... keep it or sell it
All I wanna know is whether the price of bitcoin will go up ...around 20$ would be great.
What was the all time high I dont care I just wanna see the price getting high , So that I have some extra cash after giving the electricity bill.
I have around 5 bitcoins in my wallet so what should I do... keep it or sell it
31.9 was the all time high. Almost every article/ newspiece related to bitcoin mentions it.
This is an example of what is commonly known as "hyperbole."
hyperbole would be more like "BITCOIN HIT $10000 AND YOU DIDN'T SELL?!?!?!?"
31.9 was the all time high. Almost every article/ newspiece related to bitcoin mentions it.
This is an example of what is commonly known as "hyperbole."
Someday 1 BTC will be a lottery prize.
Yeah, and if people go to your house and see your electricity meter running full tilt, they'll probably invade you because they know you go that megahash goin' on.By then us miners will only be generating Satoshis, not bitcoins.
Yeah, and if people go to your house and see your electricity meter running full tilt, they'll probably invade you because they know you go that megahash goin' on.
Yeah, that or growing pot in the basement.
41$ for one bitcoin? neverever if u can prove this to me, í´ll pay u 10 btc.
also the price before mt.gox shot down, was about 17, coming down from its 31 alltime high
Ah well, that's what I get for using my brain as a source of information. Damn you, memory!also the price before mt.gox shot down, was about 17, coming down from its 31 alltime high
Someday 1 BTC will be a lottery prize.
Yeah, and if people go to your house and see your electricity meter running full tilt, they'll probably invade you because they know you go that megahash goin' on.
Someday 1 BTC will be a lottery prize.
31.9 was the all time high. Almost every article/ newspiece related to bitcoin mentions it.
41$ for one bitcoin? neverever if u can prove this to me, í´ll pay u 10 btc.
also the price before mt.gox shot down, was about 17, coming down from its 31 alltime high
also the price before mt.gox shot down, was about 17, coming down from its 31 alltime high
Can you prove $31 was the all time high? I believe I saw it as high as $34.
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