Questions tagged [value]

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

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1 vote
0 answers
515 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 votes
1 answer
300 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
2 answers
59 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
1 answer
287 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
1 answer
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
2 answers
176 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
1 answer
90 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
5 answers
80k 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 ...
13 votes
6 answers
8k 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 ...
1 vote
1 answer
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 vote
2 answers
13k 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 ...
0 votes
1 answer
157 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 vote
5 answers
2k 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 ...
1 vote
2 answers
564 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 vote
3 answers
144 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?
3 votes
2 answers
755 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....
1 vote
1 answer
3k 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 ...
-2 votes
2 answers
203 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 ...
0 votes
1 answer
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,...
3 votes
2 answers
510 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 ...
7 votes
2 answers
17k 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 ...
3 votes
1 answer
163 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, ...
10 votes
4 answers
873 views

What is the ecological effect of increased 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 let's say value or effect of using ...
1 vote
2 answers
74 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
3 answers
194 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
2 answers
644 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
2 answers
90 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 ...
-1 votes
1 answer
142 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
2 answers
3k 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 ...
0 votes
1 answer
79 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-...
6 votes
1 answer
554 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 ...
0 votes
1 answer
180 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) ...
2 votes
2 answers
196 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?
0 votes
3 answers
87 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 (...
4 votes
6 answers
21k 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.
15 votes
3 answers
2k 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 ...
5 votes
1 answer
256 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 ...
2 votes
4 answers
2k 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?
-1 votes
3 answers
509 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 ...
3 votes
4 answers
439 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 ...
-5 votes
2 answers
96 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." ...
-1 votes
1 answer
466 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
1 answer
245 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
0 answers
662 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
2 answers
831 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 ...
1 vote
3 answers
2k 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
2 answers
164 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.
3 votes
1 answer
99 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
1 answer
139 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?
0 votes
1 answer
417 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 ...