How much something is worth (as opposed to how much it costs).

learn more… | top users | synonyms

1
vote
1answer
75 views

If everyone decided to switch to Bitcoin tomorrow, how much would a Bitcoin be worth? [closed]

Hypothetically, if everyone decided to trade in all their money and get Bitcoins for them tomorrow then how much would a single Bitcoin be worth? My dodgy calculation makes it out to be $3,750,000 ...
1
vote
1answer
125 views

Get “Value at time of transaction” from blockchain.info api

I need to get the value displayed in usd on the transaction details page of blockchain.info, if you hover the btc sent you can see a "value at time of transaction". How I can get this data ...
1
vote
2answers
37 views

Impact on Bitcoin value due to lost bitcoin wallets [duplicate]

My question is 2 part: 1. How does somebody know that a set of bitcoins is lost? Merely declaring that I've lost my private key and hence bitcoin makes the coins lost? 2. What impact(and why?) would ...
3
votes
3answers
78 views

How would Bitcoin's purchasing power be measured after fiat were gone?

Somewhere in the possible near/far future when there might not be any major fiat anywhere. What will Bitcoin's purchasing power be measured in?
2
votes
2answers
74 views

Calculating a sum of received bitcoins

I have a list of bitcoin addresses provided by a user and I am trying to find out a sum deposited to these addresses. I am using blockexplorer.com API to obtain transactions. This is a typical API ...
-1
votes
2answers
67 views

Bitcoin physical monetary equivalent

I've never really given it a thought till now, but do bitcoins have a guaranteed value in gold similar to physical currency(banknotes/coins)? As far as I know, the value of a currency is guaranteed ...
-3
votes
1answer
68 views

In India how does one accept or give Bitcoin? Do we also get a physical coin for a Bitcoin? [closed]

I heard about Bitcoin and its endless possibilities to use Bitcoin irrespective of a particular geographic location. But my doubt is How does one accept and give a Bitcoin, Does it have its own market ...
1
vote
2answers
135 views

Who determines the value of BTC vs USD? [duplicate]

How is the data collected to determine Bitcoin's value? And who determines the exchange value of Bitcoin in USD? This question isn't really answered, no matter how much I research. I want to know the ...
11
votes
5answers
5k views

How to answer to whether Bitcoin is a Ponzi scheme?

I was asked whether Bitcoin is a Ponzi scheme as I was explaining Bitcoin. In support of the question I was presented with the following scenario. I didn't know what to answer. Let's assume ...
0
votes
1answer
39 views

Can the dollar value of a transaction be different at different times?

Bitcoin value gets fluctuating frequently. Suppose I am transfering bitcoin to another person who is in another country (like my current bitcoin value is $234.97), i am sending the QR code through e-...
0
votes
1answer
57 views

Transaction Duration

Given the volatile bitcoin value, how long is a transaction valid? For example, say a vendor requires X fiat currency via a bitcoin service provider. The service provider link (ie, coinbase.com) ...
-1
votes
4answers
913 views

How does Bitcoin have an intrinsic value?

I have read several articles about how Bitcoin have an intrinsic value. Aside from the fact that some of those articles confuse "intrinsic value" with "benefits of adoption", I found that none of them ...
0
votes
3answers
51 views

Would it be a good idea to have several different *coin to protect oneself from fluctuations?

I'm interested in *coin, but I'm afraid of sinking money into something out of idle curiosity and then losing that money to value fluctuations. Would it be a good idea to have several different *coin (...
0
votes
2answers
579 views

Does the value of my Bitcoin fluctuate automatically?

If you own a small amount of Bitcoin (say,$10) does one have to "invest" it somewhere for it's value to change or will the $10 fluctuate by just sitting in one's wallet and one can see the value ...
1
vote
0answers
101 views

How does the Bitcoin forex work?

Does it work differently in relation to a regular forex because of its underlying technology? How can the market calculate its value?
5
votes
2answers
186 views

Bitcoin value vs. Supercomputing

What protects the stability of Bitcoin's value if supercomputers or some other technological breakthrough allows them to be mined at rates we have not anticipated?
0
votes
1answer
68 views

bonus for my friend

I have use for first time original bitcoin client. When I open show that account bilance is 1,000.0. Why this bonus of 1 btc? 2 question: -Now my friend try open client but his account bilance is 0. ...
5
votes
2answers
5k views

Get simple BTC value to insert it in excel sheet

I'm trying to so some maths calculations with Excel but I need to get the current btc value from any website that can provide it in any format but simple as possible. Do you have any idea to get the ...
-4
votes
2answers
55 views

if theft of bitcoin doesn't affect bitcoin value [closed]

"lthough these events are unfortunate, none of them involve Bitcoin itself being hacked, nor imply inherent flaws in Bitcoin; just like a bank robbery doesn't mean that the dollar is compromised." ...
3
votes
2answers
103 views

Is there any academic research on the influences of Bitcoin's long term valuation?

Is there any academic research or theories about what future events and metrics will most influence BTC's long term valuation relative to fiat currency?
-1
votes
1answer
142 views

how to determine bitcoin price [duplicate]

I want to know how the price is determined daily for bitcoins. I know that exchanges determine it based on the exchanges that happens in their bitcoin-exchange site. But lets take there is a new ...
1
vote
1answer
221 views

Confusion over BTC value - MtGox vs CoinDesk [duplicate]

I'm trying to find the current value of BTC. If I go to MtGox the ticker at the top says the average price is about $950 but at CoinDesk.com the daily high, low etc are all $100 cheaper... Both are ...
2
votes
0answers
414 views

How to determine how many coins have been mined regardless of block count in main.cpp

Been working my way trough the main.cpp trying to see where this value is grabbed if at all. I need a way to check how many coins have been mined regardless of block count. For example if every ...
0
votes
2answers
620 views

How are bit coins valued? [duplicate]

If no one controls this then how can you be sure it is stable? How is it regulated and most importantly how is it valued? I'm having a hard time grasping the idea of not being centralized and ...
0
votes
2answers
105 views

Why do merchants accept Bitcoin as valid currency? [duplicate]

I suppose one could ask the same question about any form of currency, but I am curious how bitcoin became an accepted currency with no government backing it.
2
votes
3answers
3k views

Where do these coins gain their value?

I have been mining coins for a long time (started with BTC/LTC years ago, moved to altcoins recently) and have realized I am not clear on the actual source of the value. Do the exchanges deem the ...
3
votes
1answer
67 views

What factors can be looked at in order to come to a fundamental valuation of Bitcion?

I'm wondering if current prices are high or low. Most people I talk try to explain to me how the price chart looks like (just like at the other bubbles, right?)... Is there any means how we can do ...
0
votes
1answer
58 views

How many currency units in 1xBTC / 1xAltCoin? [duplicate]

Since BitCoin (and AltCoins) are divisible by up to 8 decimal places, does that technically mean that 1xBTC (or 1xAltCoin) is equal to 1 billion individual units of currency?
2
votes
0answers
171 views

Will the bitcoin value keep rising at steady rate, if bitcoin mining is stopped right now [duplicate]

If no new coins are created by mining after 12 million bitcoins as of today, what kind of impact will it have on bitcoin value. Transaction fees will still be set for confirmations.
2
votes
4answers
338 views

Is someone trying to kill bitcoin?

I've been observing the huge increase in the price of Bitcoin over the last month (November 2013) and I can't help but think, is someone with an ulterior motive pulling the strings here? It seems to ...
1
vote
3answers
745 views

What gives bitcoins value? A simple explanation please [duplicate]

I hear that miners solve math problems to secure Bitcoins... what kinds of problems? And why are the solutions worth "money"? Also, what does an exchange get in return for real money when they get ...
0
votes
1answer
327 views

Bitcoin Value Calculation

I'm trying to understand how a bitcoin is valued. In my mind, it seems like it can be broken down with some basic math. For instance, if there is $50 trillion worth of "money" in the world and 1% of ...
-2
votes
2answers
158 views

Are all ripples worth the same amount? Is value specific to each gateway?

Are all XRPs worth the same amount, regardless of each gateway you use them at? Suppose I have one gateway who is un trustworthy, or will depreciate in value. Suppose I also have a gateway that is ...
1
vote
2answers
369 views

Why have my funds in Bitcoin Block Explorer's online wallet decreased in value?

I feel I may have been cheated by Bitcoin Block Explorer whose URL is http://blockchain.info Here's the background: I am using the online wallet provided by Bitcoin Block Explorer. It contains 1.5 ...
-2
votes
2answers
140 views

So a computer is now called a “Miner” and is creating currency?

What I do understand: Banks have inflated currency and through this the value of just about everything has been manipulated to make people who do next to nothing for it become rich. What I don't ...
2
votes
2answers
135 views

Pricing in “Bitcoin days destroyed”

Is it possible to use "Bitcoin days destroyed" as unit of currency? If yes, how to price anything using this? If no, why not?
-1
votes
1answer
234 views

How stable is the Bitcoin Market [closed]

The bitcoin market seems to not be very stable. The value if the currency fluctuates everytime there is a fork. If I invested say 1000$ USD and the market crashed, would I be able get my $1000 back?
2
votes
4answers
1k views

Recieve Bitcoin value notifications on iPhone

I would like every day at a set time to receive a notification on my iPhone with the current Bitcoin value in Euros. How can I have this?
0
votes
1answer
265 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
2k 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 accordingly,...
4
votes
1answer
204 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
441 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
116 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
657 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
7k 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
514 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 ...
4
votes
2answers
7k 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 ...
5
votes
1answer
391 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
594 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
285 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 ...