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Author Topic: When did Bitcoin start do possess Dollar value  (Read 317 times)
bassride2
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January 20, 2016, 07:07:41 PM
 #1

I had this interesting question from a work colleague this week. 

At what point did Bitcoin start to have a small dollar value of cents, and what series of events or triggers caused this?  When did it get recognised as having 'value'.  Any ideas or suggestions?
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January 20, 2016, 07:24:51 PM
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https://en.wikipedia.org/wiki/History_of_Bitcoin#Prices_and_value_history

Prices and value history part
bassride2
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January 20, 2016, 07:49:37 PM
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thanks  Smiley.. a friend says he will take Bitcoin seriously when he can buy a Shashlik (a kind of Central Asian or Russian barbecue) with it.  A challenge in Central Asia but I'm working on it!  A pizza may be more doable but hoping it costs less that 10,000 BTC!
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January 20, 2016, 10:13:02 PM
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thanks  Smiley.. a friend says he will take Bitcoin seriously when he can buy a Shashlik (a kind of Central Asian or Russian barbecue) with it.  A challenge in Central Asia but I'm working on it!  A pizza may be more doable but hoping it costs less that 10,000 BTC!
You mean, like directly buy Shaslik with it. Tell him that bitcoin is for now in similar state as any foreign currency in your home country. Can you buy shashlik for yens or yuans?
I guess not, your retailers accept only money issued by your government. Bitcoin can be exchanged for every FIAT on earth. It is quite real.


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