Bitcoin Forum

Economy => Economics => Topic started by: BitMos on November 30, 2014, 12:21:31 PM



Title: The Wallet valuation game : Which wallet has the most value?
Post by: BitMos on November 30, 2014, 12:21:31 PM
1. holding coins to infinity
2. spending coins to 0

Is the "value" really in the number of btc held? thinking about the 100kBTC pizza... Was it value creation or destruction? transfer!

Today, for most, the highest values is linked to the highest number of BTC. Meaning the one with the most BTC can buy the most things. What tell you it will always be the case? At the core of value there is an expected or idealistic acceptance of a set of valuation method. The primitive one, the most btc = the most buying power. As an unrealistic other option why not a valuation based on the most transaction? It's clear that the stake holders, could be excluded from "value" and valuation by transaction leaders. Just do you think buying power will always be linked to buying quantities? I can easily exclude to accept coins that didn't move in the last 4 years for example.


Title: Re: The Wallet valuation game : Which wallet has the most value?
Post by: LOBSTER on November 30, 2014, 01:05:28 PM
1. holding coins to infinity
2. spending coins to 0

Is the "value" really in the number of btc held? thinking about the 100kBTC pizza... Was it value creation or destruction? transfer!

Today, for most, the highest values is linked to the highest number of BTC. Meaning the one with the most BTC can buy the most things. What tell you it will always be the case? At the core of value there is an expected or idealistic acceptance of a set of valuation method. The primitive one, the most btc = the most buying power. As an unrealistic other option why not a valuation based on the most transaction? It's clear that the stake holders, could be excluded from "value" and valuation by transaction leaders. Just do you think buying power will always be linked to buying quantities? I can easily exclude to accept coins that didn't move in the last 4 years for example.

That's just trolling again here. For sure, the wallet with the most coins will have the highest value!


Title: Re: The Wallet valuation game : Which wallet has the most value?
Post by: BitMos on November 30, 2014, 01:13:35 PM
there are some serious troll busters here  ::). I anyway appreciate your reply.


Title: Re: The Wallet valuation game : Which wallet has the most value?
Post by: sonofacoin on November 30, 2014, 03:39:26 PM
Who would value transactions?

I think there is value in showing transactions... if we can think of a system or entity that would value transactions then maybe OP has a good point.


Title: Re: The Wallet valuation game : Which wallet has the most value?
Post by: BitMos on November 30, 2014, 05:46:51 PM
BloodBTC comes to mind, like everything there are certain sources that are contaminated. What would value the transactional value, does the transaction helps the free will or enslavement of Mankind for example? Why shall I recognize value in the BTC anyone made for example in the process of helping and or supporting my enslavement. I can't accept to transact against anything with them. Who tell them that the coinmixer providers will work for them. It's widely expected that if they tried to enslave one, they will 2 and so on until they are stopped. In concluding the wallet could belong to pharaoh be the largest in number but the lowest in buying power, because who would want to trade with a megalomaniacal tetris player...


Title: Re: The Wallet valuation game : Which wallet has the most value?
Post by: LOBSTER on November 30, 2014, 05:48:14 PM
So according to you, this address has the most value?

https://blockchain.info/de/address/1dice8EMZmqKvrGE4Qc9bUFf9PX3xaYDp