As far as I know the price depend on supply and demand.
For other factors such as :
Goverment Policy: if goverment accept bitcoin as legal payment, the value might be increase
I know that's pretty logic , people will wonder what Bitcoin is from curiousity and end up using it at the end and since Goverment is allowing it and using it then people will buy more and more (more demand) => rise price . I understand that . Actually, price determination is a pretty complex process.
If there is a market (enough buy and sell orders) then the price will be determined by supply and demand.
Between exchanges (and other places where buying or selling takes place) there is some amount of arbitrage (when you can buy BTC at one exchange for $285 and can sell them at another exchange for $295, some folks will buy on one exchange and sell on the other, adjusting supply, demand and prices on both exchanges.)
Without markets, determining a price is difficult. Remember the classic bitcoin pizza? At that time, a future price of $1 per Bitcoin was considered pretty much impossible, so Bitcoin was valued much less than that. Later on, when it became clear that you could not only buy pizza with BTC, people were gradually willing to value it more.
Onkel Paul
the pizza example makes sense and it's a very good example to explain things  highlly appreciate your help man |
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Yes bit-x does work and can be shiped to Algeria indeed , and yes I know your , most of the time , anything via internet can't be received and will be lost on the mail or whataver . However I'am not using Bit-x (received it though) since there is high fees but there is http://advcash.com/en/ which gives lower fees and it's very cheap (5$ for the plastic card) , owner told me that It can be used to verify paypal (you need money on the card) . But I guess MasterCard don't verify fully Paypal nowdays , you need Visa card issued in Algeria or Bank account from U.S Visa cards of those banks (in algeria) works on Paypal : BNP PARIBAS , Gulf Bank (AGB) |
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I'am giving Anomaly: Warzone Earth on Steam since i found a .txt file on my PC which seems pretty old and it contains some keys for this game . Post below and I will contact you with one key . |
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When someone wants to buy bitcoin at a certain price, and another person wants to sell bitcoin at the same price, the buy order and sell order will be matched. The trade will be executed and then we will get a price.
Each exchange has its own order book, so it is normal to have a different price on a different exchange.
Actually I said "I don't see how a lot of exchange have the same price " , Just different of 1-2 bucks or sometimes cents I know . Other then that how it will be calculated if we don't use exchange and how it was before creating any exchanges before |
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So how the bitcoin price is calculated exactly , yes Supply and demand but how ?? I mean at the beggining I'am pretty sure there wasen't any exchange and now there is a lot ... but even if exchange I don't see how a lot of exchange have the same price :/ pretty sure I'am missing something here
Most of all ... What will happen if we stop using exchanges or all exchange gets closed ? (I know it's most likely impossible) but just theorically so I understand how things works , that time how the price going to be calculated
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for 12 hours then posts them all onto the blockchain... THAT'd be great.
How do you profit?
Charge x amount per offline transaction, then when 12 hours is up put a fee to process all the transactions at less than what you have collected from your transaction cost, boom, you know you'll get your tx send within 12 hours and the "company" profits from it.
What do you mean by offline transaction , do you mean without internet ? I don't think that's possible . If you are speaking about Off-chain transactions then those projects are already being working on them to make bitcoin more annonymus like Zerocoin & Darkwallet which need funding for the moment AFAIK . Zerocoin / Zerocash : https://bitcointalk.org/index.php?topic=362468.10Darkwallet project : https://www.darkwallet.is/ |
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40 days
What controls the halving block reward , is it changed from Bitcoin source code ? because if it's not then how come Litecoin halving is before bitcoin halving while Bitcoin was created before Litecoin  #confused |
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Meh , so there is nothing really to worry about . It's from the last month as he stated and the whole world changed his password already . and who didn't .. well it's his fault . He will probably never be able to sell it with that price at least not while people changed passwords. |
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will buy the second one for 1.3 BTC , let me know if you are interested.   lol , he is selling it for 0.25 and you are offering 1.3 BTC I can get you one if that's the case lel |
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What the ... Please post some pictures like the user above suggested .
Theymos didn't inform us on anything and I'am pretty sure he know how things are on the database , maybe the guy is faking or selling an old database since 20 May (or something) hack . Did he mentioned the date of when the database got hacked ?
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do you guys think it is possible?  I don't have that much bitcoin to care but that would be more then great , at least I can buy my own car at the age of 18  that would be awesome . anything can happens after July 2016 since there is the block halving reward . Let's hope everything goes smooth |
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Good job on the awesome work, however is there is any reason why the wallet is little bit laggy ? I noticed that when I switch between different tabs "Send / Receive" to "Payement" or something , it's kinda laggy and takes some time to load GUI the other tab It's not taking long time but you just feel it :/ You click => wait seconds => then you get the other tab |
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Sent the methods to everyone! PM me if you'd like a copy. Hey again mate , so it depends on the country indeed , I invited some people and it depends on country However i want to know was you able to withraw them ? It says "Pending" and when I put mouse on the text it gives me a ToolTip saying that it's under 60 days bonus or some crap like that any idea |
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I know you may and you may not read this message Marcotheminer/ Bitcoin_boy$ however .. I will say it
you should stop using TypeWriter on the website because it's so annoying and I can't even stand staying on the website more then two seconds. i'am speaking about that message above the textbox where we should type our Profile UID saying " Signature Campaign" and "Earn Bitcoin" etc ...
It's annoying because the page size keep changing and stuff :/ nah im not trolling . would be very appreciated if you could do that .
For changes , I guess you should make a thread on Service section so we post our ideas about upcoming changes because this is not the best thread to do that .
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I'am not trolling , i'am just saying what I've seen couple of days ago or something , there was a thread with the exact same thing (not sure if OP is the same guy , can't find the topic) .
and people was answering they he won't be able to spend them or it's soooo hard to spend them . so yeah
@OP and idk .. maybe I'am not cool with the fact that you are scamming and hacking people money . pretty sure you won't like getting hacked
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