Fundamental value of a BTC | Bitcointalksearch.org

tredel

newbie

Activity: 12

Merit: 0

Quote from: blazespinnaker on April 14, 2013, 05:10:16 PM

Not sure if it will ever stabilize as people will lose BitCoins.

21 million isn't a lot.

I agree though, I think # of transactions (specifically those not including mtgox and friends) are the best way to value it.

21 million isn't a lot, but once it reaches 21 million, i think it goes into 9 decimal places.

so lets say its capped at 21 million, each bitcoin is 500$.

.01 bc, .0000000001 bc, different values, different sized transactions are available.

blazespinnaker

newbie

Activity: 21

Merit: 0

Not sure if it will ever stabilize as people will lose BitCoins.

21 million isn't a lot.

I agree though, I think # of transactions (specifically those not including mtgox and friends) are the best way to value it.

calebrulez

newbie

Activity: 13

Merit: 0

Right now, its what the other guy is willing pay. because people are using btc as a commodity like gold, because it shares two very important traits of a commodity 1. You can't easily fake it and 2. its rare, only 21million, 1/2 is out and other 1/2 will be mined at a exponentially slow pace, which is think is silly and a passing fad. It will stabilize once people start using it as a currency which is what you use buy a precious commodity and hoard it.

melon

full member

Activity: 134

Merit: 100

cost per transaction $8.97 cents.... if that's what it cost in computing power consumption then that would be a floor I suppose plus profit margin of 67 percentas staed would be ... idk...who knows?

blazespinnaker

newbie

Activity: 21

Merit: 0

Curious, what formula would you use to value the BTC? Number of transactions? Number of individual addresses? Hash rate?

http://blockchain.info/stats

Topic: Fundamental value of a BTC (Read 500 times)