Bitcoin

Questions tagged [value]

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

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7answers
3k views

Is money that has gone into bitcoin already spent?

Is money that has gone into bitcoin already spent? When I buy a bitcoin from someone and they get USD I get bitcoin. They go buy lambos or real estate for their gains. So the underlying currency is ...
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1answer
92 views

How would I avoid spending my Bitcoins when I need to buy a house quickly? [closed]

A specific house I would like to buy has come up for sale. This opportunity is unlikely to arise again. I have almost enough money in Bitcoin to buy the house. I have no other money or assets ...
0
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1answer
36 views

How to get _integer_ satoshi values from JSON RPC?

It seems that RPC calls for getting JSON information on blocks return "value" fields in bitcoins, not in satoshis. This means that there is a conversion from integer to float somewhere, ...
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1answer
95 views

Transaction outputs with value 0

If I am correct, some transactions have outputs with "value" field equal to 0, and some even have all their output "value" fields equal to 0. See for instance: transaction ...
0
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1answer
161 views

To be blunt bought bitcoin in 2009 at 25 cents have not touched it

I am hoping you can help I read through a few of you answers to other inquiries and as per my research you are very well versersed. I acquired Bitcoin back when it first came out of trading at 0.0008 ...
0
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1answer
121 views

What is the formula for calculating the private key? resued R value

What is the formula for calculating the private key? I want the equation in detail to try to solve it on cocalc I want an equation to extract the private key from two different addresses I have tried ...
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1answer
45 views

Do you think a wallet could have value

Do you think a wallet could have value based solely on the 12 word phrase?? Do you think a wallet address with one of the twelve words being the word satoshi be considered a collectors item that has ...
0
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1answer
80 views

When the number of bitcoin reward halves after 4 years, doesn't the perceived value of a bitcoin about double?

Let's say the price of a bitcoin is US$33,000, and all the miners mine it or not mine it if their electricity kWh price is too high, and it is at an equilibrium that it is somewhat profitable and ...
0
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1answer
167 views

hello please let me know whats wrong with this script for find Reuse R value [closed]

hello friends here is the code to find reuse R values of bitcoin transaction but unfortunately it is not scanning more than 51 transaction secondly it can only use one address at a time and i want to ...
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3answers
119 views

Is there some way to estimate the proper value of one Bitcoin? [closed]

For example, if it is stock, there can be P/E ratio, or Price Sales ratio. For Bitcoin, are there some common ways people use to estimate the value of one Bitcoin?
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2answers
236 views

If bitcoin value is going down do you lose anything or only when you sell like the stock market? [closed]

If Bitcoin is going down, do I only lose if I sell my bitcoin? So, if I hold them I won’t lose?
0
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1answer
64 views

What`s a blocks coinbase value?

Under the bitcoin Protocol rules here: https://en.bitcoin.it/wiki/Protocol_rules#Transactions in the "block" messages section There is the pseudo-algorithm for validating a given block. On ...
0
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1answer
34 views

Why tx informations of a specific transfer in BITCOIN protocol will send to many IP addresses?

Recently I send a specific value from a wallet to another wallet and Simultaneously I caputred the related traffics in source and destination. after that, I found that value and it's related address ...
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2answers
50 views

which is the relationship between ouput adresses and their value in a specific transaction?

Some days ago, I write a program to extract output addresses and its value in tx messages of a sample bitcoin pcap. extracted addresses are all valid and we can find them in block explorers. after ...
0
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2answers
49 views

How bitcoin gets monetary value [duplicate]

This looks like a complex thing but I am trying hard to understand it. Why would any one in the world honor a crypto currency till it is backed by a government with monetary value? How does a crypto ...
0
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1answer
48 views

If Bitcoins aren't tied to a conventional currency, how did they get so valuable? [duplicate]

I would appreciate it if someone could provide me with some insightful information.
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3answers
174 views

What value does bitcoin add to the world? [duplicate]

I don't understand the value of bitcoin mining other than to produce value for its owners. What product is produced for the world? Mining for coal produces coal to be used for energy production. ...
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2answers
98 views

What is the source of bitcoin value?

From what I understood, the economic intrinsic value of Bitcoin as a currency is based on the "CPU-work" required to produce them. That is what makes Bitcoin rare enough to qualify as a currency. Is ...
1
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1answer
99 views

How can bitcoin coins have real values? [closed]

I had this question for some time and i couldn't have a clear answer. How can a new entity (coin) have a real value, in USD for example, and be able to trade with it when it has no real life ...
0
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2answers
334 views

Why do altcoins vary so along with bitcoins?

Today bitcoin has dropped by 20%, so I looked for alternative cryptocoins with better performance. But, hey! Litecoin, Iota, Ripple, Ethereum, all of that has the roughly the same graph along time in ...
1
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1answer
102 views

What is the point of Bitcoins if every transaction has a fee?

You can't use them without it costing you money! I am asking because I want to give some of my bitcoins to a friend. It is a gift not a transaction. I don't think it can be useful as a currency if it ...
0
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2answers
131 views

Is there a significance as to why bitcoin mining "costs" time/energy/money?

I have heard that the bitcoin mining process was created in a way that purposefully required the expenditure of resources (energy/money) in order to add real value to bitcoins. In this way, when more ...
0
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2answers
114 views

Is there a difference in buying coins with bitcoin or etherum?

So today I decided to throw my hat into the ring and bought some stellar lumen coins. Since bittrex is not currently accepting new accounts I decided to go with poloniex. Poloniex doesnt offer ...
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2answers
6k views

Where to find logarithmic graph of Bitcoin over time?

I'd like to find a logarithmic graph of the value of BTC vs the simple USD/time graph. Any suggestions of where to find that? Thank you!
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1answer
190 views

How to predict value of bitcoin? [closed]

I was just thinking if its possible to predict bitcoin value. If so, what would be the parameters?
16
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10answers
76k views

What happens if I buy Bitcoins and the price goes down?

What happens if I buy Bitcoins and the price goes down. Will I lose a quantity of my money? Consider:
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1answer
112 views

How to price a Bitcoin?

What method do you use to price / value a bitcoin? You use discounted cash flow for a stock, what methods do you know to price a bitcoin? This guy shows some ideas: https://www.youtube.com/watch?v=...
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0answers
502 views

Metcalfe's law for bitcoin price

Here's an inline link to article article the square function number of users times the average transaction value. 94% of the bitcoin moved over the past four years is explained by that equation. It ...
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3answers
302 views

Value of Product Based on Bitcoins

If I chose to accept Bitcoin as a payment for my product, and the price of the bitcoin goes up or down, then technically I am not getting as much for my product in the long run correct? Because the ...
0
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2answers
46 views

Does the percentage of fluctuation remain the same regardless of the value in all wallets?

This was initially going to reference this question here I, as well, have $10 bitcoin in my wallet, I notice the value does fluctuate. However, will the value fluctuate the same in a $100 wallet, as ...
0
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1answer
308 views

What is the method to determine the total market capitalization of the Bitcoin market?

When I look at the following site it says (at the time of writing) that the total market capitalization of Bitcoin is $125,927,574,809 AUD. Now I think you could do this by running through the ...
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1answer
252 views

Who decides the price of bitcoin?

Okay so I understand that bitcoin's price is increasing/decreasing by its utility, its rarity on the market, how it is publicly perceived, innovations, media, investors exc.. My question is, who ...
0
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1answer
1k views

How blockchain.info calculate the value transacted

Having this address: https://blockchain.info/address/19tqZYnP9youKtbene2FZiZtZyJYaLeBDw The last transaction says that this address received 0.0236 BTC But even knowing the value in and the value ...
0
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1answer
235 views

View historic USD prices when transactions were made

Currently when viewing blockchain.info transactions, all transaction values are quoted in today's price. But is there an option or service where you can see how much the value was at the time of the ...
0
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2answers
166 views

What does the value of bitcoins depend on?

I've been looking up stuff about bitcoins for some time now and i have two question stuck in my mind: How is the value of bitcoins so unstable? And can there be bitcoin inflation?
0
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1answer
76 views

What are the additional benefits of having a blockchain behind a web service?

I'm still in the process of trying to understand cryptocurrency markets, and the factors behind their monetary value. Today, I have seen an ICO for a token called DetectorToken, which is a service ...
3
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3answers
4k views

If cryptocurrencies have no intrinsic value, how do they originate?

In theory, anyone could create an infinite quantity of their own cryptocurrency right now. However, if you were to do this, it would have no value and, thus, it would be useless. Since value comes ...
2
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1answer
524 views

Where can I find altcoin inflation rates?

I know I can use coincap.io and CoinMarketCap to see a lot of good information about altcoin relative values, and cryptocompare has good detailed information, but where can I access inflation rates ...
0
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1answer
153 views

Why isn't the price of BTC rapidly growing due to WannaCry? [closed]

This occurred to me today: the ongoing ransomware attack (started on May 12) caused by the WannaCry virus infected over 230 000 computers so far (source: Wikipedia). This probably means that a lot of ...
1
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2answers
316 views

Would free energy cause a market collapse?

Consider a world where energy is free and plentiful. Bitcoin, and other cryptocurrencies, are given value since they are 'proof' of work. This work comes at the cost of: a. time b. energy By ...
1
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3answers
137 views

Can anyone give an explaination of what exactly a Bitcoin is and where it derives its value from?

I really just want to grasp how a bitcoin actually is something of value? and how a string of characters equate into something that is worth dollars?
2
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2answers
4k views

From where can I import live cryptocurrency market values into my webpage?

I am planning to build a webpage where a user can enter his/her stock of various cryptocurrencies, and the webpage should display the current market value (in USD) for each of the cryptocurrency he/...
3
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2answers
732 views

Why is Bitcoin gaining value while so many other cryptocurrencies are not?

Every time I find a new cryptocurrency, I look at the price charts and almost every time it's constantly losing value. Ether and Bitcoin are the only exceptions, and have gained value on the long term....
0
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2answers
136 views

What Bitcoin exchange is the real bitcoin value?

I have seen a lot of Bitcoin exchanges, BTC-e, Coinbase, Bitstamp, LocalBitcoins and Bitfinex. (I saw those on blockchain.info) But which one of them is the real bitcoin value?
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1answer
3k 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
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1answer
2k 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
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2answers
61 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
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3answers
186 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
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2answers
584 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 ...
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2answers
84 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 ...

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