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Topic: First offer accepted for 300k per coin (Read 2888 times)

Kaiji
full member
Activity: 140
Merit: 100
Hoist the Colours
First offer accepted for 300k per coin
May 01, 2013, 07:45:58 AM
#18
Quote from: manfred on April 28, 2013, 03:14:05 PM
Quote
I have one Bitcoin for sale for $1k  
Love to buy that one too, will let u know when.
Saying a bitcoin is worth x amount of fiat a piece of string. Well, how long is the piece of sting 1 inch, a kilometre?
You comparing something to nothing (a made up number on a printed piece of paper)
Now lets compare something to something.
A Joule is a Joule, 10 years ago, now, in the future. The value of bitcoin changes because things happen.

And that is essence of money and gold. Pieces of paper and shiny metal rock. They have a value only because people want them. Their role is to make trade and transactions flow. Imagine how irritating life would become if we had to barter for things we need. Problem lies with hoarding money and using interest to unbalance that flow.

There has been a strong need for an internet currency without borders and bitcoins has filled that role. You can't argue with how much easier it would be if you could buy and sell everything online with bitcoins.
Rodyland
hero member
Activity: 499
Merit: 500
Re: First offer accepted for 300k per coin
April 30, 2013, 10:16:14 PM
#17
Quote from: Ekaros on April 30, 2013, 09:16:26 PM
Quote from: Rodyland on April 30, 2013, 07:58:19 PM
Quote from: Ekaros on April 30, 2013, 07:56:13 PM
Quote from: Rodyland on April 30, 2013, 06:59:57 PM
I'll sell you an option to buy a bitcoin off me at any time in the future for US$300k.

I'll escrow that bitcoin for you, using a secure 3-party encryption scheme.  You can choose the escrow holder.

Option premium will be US$250.  Given we're on other sides of the world, just send me equivalent value of bitcoin and I'll do the conversion myself.

I contact you if we hit 400k$ in future ok?

The offer to sell you this option is good for the next 48 hours only.

Cheesy

And how long will the option be valid? Rather useless gamble at the moment...

Not that I have spare 250USD...

The option will be valid for as long as you want.  100 years long enough?  Cheesy
niko
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
Re: First offer accepted for 300k per coin
April 30, 2013, 09:27:48 PM
#16
Quote from: manfred on April 28, 2013, 03:14:05 PM
A Joule is a Joule, 10 years ago, now, in the future.
No, it is not. You are discussing a value here, and how much I value one Joule of energy changes depending on the efficiency of the available technology, and what situation I am in. So, the value changes. Even the Joule itself may be changing as the universe is expanding. You built your model assuming constants are constant, so no need to get all excited when your model shows that they are constant.
Ekaros
hero member
Activity: 728
Merit: 500
Re: First offer accepted for 300k per coin
April 30, 2013, 09:16:26 PM
#15
Quote from: Rodyland on April 30, 2013, 07:58:19 PM
Quote from: Ekaros on April 30, 2013, 07:56:13 PM
Quote from: Rodyland on April 30, 2013, 06:59:57 PM
I'll sell you an option to buy a bitcoin off me at any time in the future for US$300k.

I'll escrow that bitcoin for you, using a secure 3-party encryption scheme.  You can choose the escrow holder.

Option premium will be US$250.  Given we're on other sides of the world, just send me equivalent value of bitcoin and I'll do the conversion myself.

I contact you if we hit 400k$ in future ok?

The offer to sell you this option is good for the next 48 hours only.

Cheesy

And how long will the option be valid? Rather useless gamble at the moment...

Not that I have spare 250USD...
Rodyland
hero member
Activity: 499
Merit: 500
Re: First offer accepted for 300k per coin
April 30, 2013, 07:58:19 PM
#14
Quote from: Ekaros on April 30, 2013, 07:56:13 PM
Quote from: Rodyland on April 30, 2013, 06:59:57 PM
I'll sell you an option to buy a bitcoin off me at any time in the future for US$300k.

I'll escrow that bitcoin for you, using a secure 3-party encryption scheme.  You can choose the escrow holder.

Option premium will be US$250.  Given we're on other sides of the world, just send me equivalent value of bitcoin and I'll do the conversion myself.

I contact you if we hit 400k$ in future ok?

The offer to sell you this option is good for the next 48 hours only.

Cheesy
Ekaros
hero member
Activity: 728
Merit: 500
Re: First offer accepted for 300k per coin
April 30, 2013, 07:56:13 PM
#13
Quote from: Rodyland on April 30, 2013, 06:59:57 PM
I'll sell you an option to buy a bitcoin off me at any time in the future for US$300k.

I'll escrow that bitcoin for you, using a secure 3-party encryption scheme.  You can choose the escrow holder.

Option premium will be US$250.  Given we're on other sides of the world, just send me equivalent value of bitcoin and I'll do the conversion myself.

I contact you if we hit 400k$ in future ok?
Rodyland
hero member
Activity: 499
Merit: 500
Re: First offer accepted for 300k per coin
April 30, 2013, 06:59:57 PM
#12
I'll sell you an option to buy a bitcoin off me at any time in the future for US$300k.

I'll escrow that bitcoin for you, using a secure 3-party encryption scheme.  You can choose the escrow holder.

Option premium will be US$250.  Given we're on other sides of the world, just send me equivalent value of bitcoin and I'll do the conversion myself.
seleme
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Re: First offer accepted for 300k per coin
April 28, 2013, 11:36:04 PM
#11
and the award for most bullshit thread title goes to...
Tirapon
hero member
Activity: 898
Merit: 1000
Re: First offer accepted for 300k per coin
April 28, 2013, 06:53:34 PM
#10
Quote from: wrenchmonkey on April 28, 2013, 06:36:04 PM
Quote from: malevolent on April 28, 2013, 02:55:44 PM
Quote from: wrenchmonkey on April 28, 2013, 02:49:32 PM
How much bitcoin do you have? You people aren't speaking in complete sentences.

I have one Bitcoin for sale for $1k  Smiley

Yes, I would like to buy it. Hold onto it for me for a couple of years, will ya?  Wink

Why would anybody buy your coins for $1k, or 300k francs (or whatever the fuck currency the OP is talking in), when they can buy it for $120-$140 elsewhere?

...And that's how markets work
malevolent
legendary
Activity: 3472
Merit: 1727
Re: First offer accepted for 300k per coin
April 28, 2013, 06:49:22 PM
#9
Quote from: wrenchmonkey on April 28, 2013, 06:36:04 PM
Quote from: malevolent on April 28, 2013, 02:55:44 PM
Quote from: wrenchmonkey on April 28, 2013, 02:49:32 PM
How much bitcoin do you have? You people aren't speaking in complete sentences.
I have one Bitcoin for sale for $1k  Smiley
Yes, I would like to buy it. Hold onto it for me for a couple of years, will ya?  Wink
Why would anybody buy your coins for $1k, or 300k francs (or whatever the fuck currency the OP is talking in), when they can buy it for $120-$140 elsewhere?

Not all Bitcoins were made equal, some are more equal than others (for example they have more confirmations).
wrenchmonkey
full member
Activity: 224
Merit: 100
Re: First offer accepted for 300k per coin
April 28, 2013, 06:36:04 PM
#8
Quote from: malevolent on April 28, 2013, 02:55:44 PM
Quote from: wrenchmonkey on April 28, 2013, 02:49:32 PM
How much bitcoin do you have? You people aren't speaking in complete sentences.

I have one Bitcoin for sale for $1k  Smiley

Yes, I would like to buy it. Hold onto it for me for a couple of years, will ya?  Wink

Why would anybody buy your coins for $1k, or 300k francs (or whatever the fuck currency the OP is talking in), when they can buy it for $120-$140 elsewhere?
papa_snurf
newbie
Activity: 48
Merit: 0
Re: First offer accepted for 300k per coin
April 28, 2013, 04:24:59 PM
#7
Wut?
manfred
legendary
Activity: 966
Merit: 1001
Energy is Wealth
Re: First offer accepted for 300k per coin
April 28, 2013, 03:14:05 PM
#6
Quote
I have one Bitcoin for sale for $1k  
Love to buy that one too, will let u know when.
Saying a bitcoin is worth x amount of fiat a piece of string. Well, how long is the piece of sting 1 inch, a kilometre?
You comparing something to nothing (a made up number on a printed piece of paper)
Now lets compare something to something.
A Joule is a Joule, 10 years ago, now, in the future. The value of bitcoin changes because things happen.
malevolent
legendary
Activity: 3472
Merit: 1727
Re: First offer accepted for 300k per coin
April 28, 2013, 02:55:44 PM
#5
Quote from: wrenchmonkey on April 28, 2013, 02:49:32 PM
How much bitcoin do you have? You people aren't speaking in complete sentences.

I have one Bitcoin for sale for $1k  Smiley
wrenchmonkey
full member
Activity: 224
Merit: 100
Re: First offer accepted for 300k per coin
April 28, 2013, 02:49:32 PM
#4
How much bitcoin do you have? You people aren't speaking in complete sentences.
malevolent
legendary
Activity: 3472
Merit: 1727
Re: First offer accepted for 300k per coin
April 28, 2013, 02:04:27 PM
#3
Quote from: wrenchmonkey on April 28, 2013, 02:02:39 PM
300k WHAT? I dont follow.

I can sell you my Bitcoin for only $1000 because I need the money very quickly, PM me, it's a one-time offer from an early adopter.  Cool
wrenchmonkey
full member
Activity: 224
Merit: 100
Re: First offer accepted for 300k per coin
April 28, 2013, 02:02:39 PM
#2
300k WHAT? I dont follow.
manfred
legendary
Activity: 966
Merit: 1001
Energy is Wealth
Re: First offer accepted for 300k per coin
April 28, 2013, 03:03:42 AM
#1
Quote
About 100k-300k per coin is a fair value long term.
Why are they so cheap? I love to accept that offer, i will let u know when. It is all relative.
A loaf of bread has cost a wheelbarrow full of money in  Germans Weimar Hyperinflation 1924. So 300k for a coin is a true bargain because u spent a lot more energy on it than what it is sold for.
If u say u want x amount of Joules for it its a different matter. Energy is a constant and is needed by everyone.
To express the coins value with something which is created at free will is totally meaningless.
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