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Title: Priceonomics values bitcoin at $10 (fair value) Post by: Saturn7 on May 05, 2012, 02:20:04 PM Just saw a link on Hacker News that Priceonomics raised $1.5 Million.
Went to check out the site. Typed in a bunch of stuff in then I typed in bitcoin :P http://priceonomics.com/search/?q=bitcoin (http://priceonomics.com/search/?q=bitcoin) Title: Re: Priceonomics values bitcoin at $10 (fair value) Post by: chsados on May 05, 2012, 02:24:23 PM uuhhh... this is dramaticly flawed. it looks like they are basing their findings on old ebay links.
Title: Re: Priceonomics values bitcoin at $10 (fair value) Post by: Saturn7 on May 05, 2012, 02:30:08 PM Yeah I typed in Porsche Carrera GT and it said $49 lol I'll take 10 please. ;D
http://priceonomics.com/cars/porsche/carrera-gt/ uuhhh... this is dramaticly flawed. it looks like they are basing their findings on old ebay links. Title: Re: Priceonomics values bitcoin at $10 (fair value) Post by: kwukduck on May 05, 2012, 04:19:37 PM The fair value is exactly what it trades for at any moment.
Title: Re: Priceonomics values bitcoin at $10 (fair value) Post by: Gabi on May 05, 2012, 06:57:51 PM The fair value is exactly what it trades for at any moment. /threadTitle: Re: Priceonomics values bitcoin at $10 (fair value) Post by: triplehelix on May 06, 2012, 12:34:14 AM The fair value is exactly what it trades for at any moment. actually, no. Title: Re: Priceonomics values bitcoin at $10 (fair value) Post by: wachtwoord on May 06, 2012, 12:39:46 AM The fair value is exactly what it trades for at any moment. /threadPrice and value are two different things. The market is not efficient. Some things are overvalued, some are undervalued it's the way it is. Title: Re: Priceonomics values bitcoin at $10 (fair value) Post by: ElectricMucus on May 06, 2012, 12:48:34 AM shady site is shady :P
Title: Re: Priceonomics values bitcoin at $10 (fair value) Post by: Littleshop on May 06, 2012, 01:17:29 AM Today, I will sell you all of mine at $9 each, a 10% discount to that value.
Title: Re: Priceonomics values bitcoin at $10 (fair value) Post by: drakahn on May 06, 2012, 03:42:41 AM Today, I will sell you all of mine at $9 each, a 10% discount to that value. well, if you looked at the data it is using it is $10 as an average and there are 2 BTC and 3 BTC prices taken into that1 BTC is $8 according to that site it seems. |