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Title: [Digitalis] Asset values expressed in bitcoins Post by: markm on September 19, 2012, 03:29:57 PM I have finally gotten around to adding bitcoins (BTC) to the asset value tables at http://galaxies.mygamesonline.org/digitalisassets.html
I had not bothered in the past since bitcoin was so volatile and what I wanted to see was which assets were tending up or down over time. Using a volatile value asset to express values makes that harder to see due to not knowing which is really changing, the asset you are looking at or the asset in terms of which the values are expressed. -MarkM- Title: Re: [Digitalis] Asset values expressed in bitcoins Post by: markm on September 20, 2012, 10:48:10 AM Looking over those expressed-in-bitcoins tables it seems clear that just keeping up with bitcoin's rate of gain in value is hard, let alone beating it.
About the only reasonable candidates that jump out at me so far for possible assets to spend precious bitcoins on are three of the shares over toward the far right of the shares table, General Development Corp (https://bitcointalk.org/index.php?topic=94785.0) shares (sGDC), General Financial Corp (https://bitcointalk.org/index.php?topic=61557.0) shares (sGFC) and General Retirement Corp (https://bitcointalk.org/index.php?topic=94788.0) shares (sGRC). It looks like holders of any assets other than those would be better of holding bitcoins instead, which in turn maybe ought to lead to some tendency to try to trade them in for bitcoins. I had kind of suspected all along that bitcoins probably gain value faster than most other things, which is a large part of why I have thought ever since bitcoins started going down in price from their $30+ high that they are very undervalued... -MarkM- |