How much something is worth (as opposed to how much it costs).
0
votes
1answer
103 views
How is the real world value of bitcoins generated? [duplicate]
I do not understand where the value of the bitcoin comes from.
In old times people were trading in gold or silver. They began to deposit the gold coins in banks and started to trade with these ...
0
votes
1answer
286 views
What will bitcoin prices do in the next months as ASIC miners become more widespread? [duplicate]
The next months will finally see ASIC miners come into play, which will increase the global network hashrate by an amount never seen before. Of course, mining difficulty will then increase ...
2
votes
1answer
77 views
What aspects of Money Order laws will apply to merchants who use Bitcoin?
There are several money order laws that apply to merchants who accept them. Bitcoin seems to have properties of a money order, but also some aspects of value that are driven by demand.
I'm looking ...
3
votes
2answers
385 views
Why did bitcoin programmers release mining code?
Why did anyone ever release bitcoin mining code, aside from promoting bitcoin and eventually raising investor awareness?
Looking at a price chart, bitcoins were valued at just a fraction of a dollar ...
3
votes
1answer
63 views
What percent of recently mined coins being actively traded vs saved?
I'm trying to understand the recent increase in BTC value in relation to mining. I am trying to answer the question
Are miners (with powerful ASIC hardware) saving the BTC, and not selling them, ...
2
votes
1answer
378 views
How does the price of 1 BTC compare to other commodities?
I'm looking for a chart of Bitcoin's price and market cap to other commodities like silver, gold, etc.
Does such a chart exist?
Why is this useful? Because I want to see how the USD compares to ...
1
vote
4answers
2k views
What is the maximal value of 1 BTC? [closed]
If all of the world suddenly decided they want to use BTC as their currency, what would the value of 1 BTC be, as measured in today's US dollars?
(Of course dollars would drop to zero in this ...
7
votes
3answers
452 views
What can be done with a bitcoin besides exchanging it for goods or services?
Some people have described a bitcoin as a commodity, but every commodity I see on this Wikipedia page seem to have a non-financial purpose, which also gives it a financial value.
What can be done ...
3
votes
2answers
1k views
How much is a mining pool share worth on average?
I know that mining pool shares have no value on their own, but it should be possible to find an average value based on the pool's average payout per share. This site describes the expected payout per ...
4
votes
1answer
176 views
Are there time-series of Bitcoins in circulation?
For a study on Bitcoin, I would like to find (or construct) a timeseries of the total value of all Bitcoins in circulation (market capitalization). At least for the last two or so years. This could be ...
-3
votes
1answer
457 views
Should the current value of 1 BTC really be $2.50 USD? [closed]
The real value of a currency depends on the value of the goods that can be purchased with it. If we assume the majority of bitcoin transactions for 'real' goods (not currency speculation) are on silk ...
4
votes
1answer
183 views
Is it possible to collect bitcoins? (as a collectors item)
Is there any analogy to collecting BitCoins as there is in the physical world?
For example, some notriety was given to the Pizza for bitcoin transaction here, and one of the answers was able to ...
8
votes
2answers
579 views
Is the value of “satoshi” fixed or dynamic?
BitCoin Wiki (Transactions) states:
...1 BTC = 100,000,000 Satoshi...
Yet BitCoin Wiki (FAQ) states:
..."satoshi"... is smallest denomination currently possible
In the future when the ...
-2
votes
1answer
450 views
Fundamentals of a Bitcoin Lottery [closed]
I'm relatively new to Bitcoin but love the idea and will soon be accepting bitcoin in my own companies. (We provide online training/e-learning.)
But, just for fun I've set up what I would like to ...
6
votes
5answers
916 views
Why did Bitcoin first start to gain economic value?
I am really having difficulty answering this:
Why does a bitcoin have an economic value, such that there are people willing to
trade US$ (or any other traditional currency) for these virtual ...
5
votes
3answers
1k views
Relation between Network Hash-Rate & bitcoin value?
how is the relation betweeen network hash rate to healthyness of bitcoin, such as bitcoin value compared to USD, or the growth rate of this currency?
5
votes
3answers
203 views
What is the ecological effect of increase work for the bitcoin chain?
As more users use bitcoin and "forced work" difficulty increases what effect does this have ecologically? It is a silly question I know. I'm just comparing lets say value or effect of using ...
0
votes
3answers
319 views
Need help, understanding bitcoin value protection
I'm not understanding how to protect my bitcoin value from inflation. IF I purchase bitcoins with US dollars, how to I educate myself to how to protect the value of my bitcoins in my wallet so that ...
7
votes
5answers
239 views
What is/Is there the relation between the value of a bitcoin and the prices of video cards?
A significant number of Video Cards (significant investment) are required to reduce the possibility of 51% attacks. What would happen to the price of a Bitcoin if the prices of Video Cards suddenly ...
8
votes
2answers
448 views
Trying to understand the bitcoin chart
I'm trying to understant this bitcoin chart, but there's no indication of what's the Y axis. The "200K" means the value in dollars? Or in bitcoins? Or what?
I'm trying to check out the value of a ...
7
votes
7answers
432 views
What are the obstacles to pegging the value of bitcoin to an established stable currency?
Many people will not touch bitcoin due to it's historically extreme volatility. Many new currencies have pegged their value against an established currency until such time as it is sufficiently ...
10
votes
3answers
469 views
What could be the consequences of many bitcoins being lost out of circulation if people lose their wallets?
If for some reason many people lose their wallet files then many bitcoins are effectively taken out of circulation.
Seen as it's not possible to tell as far as i know if bitcoins are actually ...
9
votes
6answers
528 views
Could the price drop between July and September 2011 have been caused by a bot?
In July 2011, 1 BTC was trading at above $10 USD. By September, the price of 1 BTC had fallen over 50%, and at the time of writing (October 2011) 1 BTC is trading around $2.50 - $3.00 USD.
In a forum ...
2
votes
2answers
405 views
Could speculation some day rise bitcoin to the moon? [closed]
I saw too many questions about bitcoin losing value.
But in my view, 21 million bitcoins is relatively less money (ie., units) than other currencies. Why wouldn't Bitcoin's value rise simply due to ...
5
votes
5answers
496 views
Could a futures market be included in the Bitcoin protocol?
One of the most common reasons I hear that Bitcoin is "not ready for prime time" is that because of its wildly oscillating valuation businesses can't accept bitcoins without becoming speculators. In ...
16
votes
3answers
877 views
What factors affect the value of a Bitcoin?
Obviously the number of existing Bitcoins affects the value, but what else? What are some of the primary factors for a rise or fall in a Bitcoin's worth?
4
votes
4answers
9k views
Where can I find a graph of Bitcoin value vs USD for over 60 days?
Bitcoin Charts seems to only offer graphs of up to 60 days.
