Questions tagged [value]

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

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14
votes
6answers
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 Bitcoin ...
3
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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 ...
3
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3answers
291 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 ...
2
votes
1answer
516 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 ...
-1
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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
33 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, ...
2
votes
1answer
79 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
156 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
112 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 ...
0
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3answers
933 views

How do I determine the value of new altcoins?

So, I'm curious about the value of altcoins. Let's say I were to create an altcoin, and get some people to use it... how would I calculate the value of the coin? Is this determined by exchanges? Or ...
-2
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1answer
44 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 ...
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 ...
0
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1answer
76 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 ...
1
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3answers
115 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?
0
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1answer
129 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 ...
0
votes
2answers
200 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
votes
1answer
63 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 ...
1
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1answer
167 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?
66
votes
9answers
92k views

Where do bitcoins come from and what gives them their value?

Where do bitcoins come from? From the WeUseCoins.com video it appears they are just being produced by "miners" and sold to people. So who backs Bitcoin or gives it its value?
1
vote
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
votes
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 ...
0
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2answers
49 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 ...
3
votes
3answers
13k 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 ...
0
votes
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.
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 ...
5
votes
3answers
360 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
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1answer
94 views

Bonus for my friend [closed]

I have used original bitcoin client for first time. When I opened it showed the account balance is 1,000.0. Why is this bonus of 1 btc? Now my friend tried opening client but his account balance is 0....
0
votes
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?
16
votes
10answers
75k 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:
0
votes
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 ...
1
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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!
0
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3answers
173 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. ...
1
vote
2answers
97 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 ...
2
votes
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/...
0
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2answers
325 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
vote
1answer
101 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
votes
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 ...
2
votes
0answers
181 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.
3
votes
2answers
133 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?
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 ...
-1
votes
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?
1
vote
1answer
111 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=...
1
vote
0answers
501 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 ...
0
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1answer
231 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
votes
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 ...
1
vote
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
votes
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
votes
2answers
165 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
votes
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 ...
15
votes
5answers
77k 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 ...