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Author Topic: How much is a chicken in BTC in your place?  (Read 3878 times)
HBBZ
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January 23, 2013, 02:17:11 AM
 #1

This morning, my girl friend said to me jokingly, "the chicken they sell in that shop is really nice, and it will be less than 1 bitcoin if they accept it". She has learned to PRICE a commodity in bitcoin and that moment sent me up in the sky. I've never showed her how to use bitcoin, we just talk about bitcoin now and then.

This is amazing.

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[center][url=https://www.lescoin.io]LESCOIN  //  Lescoin-the first crypto-currency secured by wood stock[/url]
[url=https://drive.google.com/file/d/0B-o5okWW3V3tRlZUbWxhVGg4NjA/edit]Whitepaper[/url] ¦[url=https://www.facebook.com/DAO-Lescoin-270668693421364/] Facebook[/url] ¦ [url=https://twitter.com/DAO_Lescoin]Twitter[/url] ¦ [url=https://t.me/lescoin]Telegram[/url]
[url=https://www.lescoin.io/]-- - -- - ---- -----        DAO Lescoin  ? 18 September, 2017        ----- ---- - -- - --[/url][/center]
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January 23, 2013, 04:11:12 AM
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I'm certain that I would be able to purchase two chickens with one Bitcoin, if the market accepted Bitcoin.

If you're in the US, I can ship you a pack of chicks for BTC.  Just throw them some feed and give them a little shelter and you'll have tasty chickens in no time.

https://www.bitcoin.org/bitcoin.pdf
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January 25, 2013, 02:40:26 PM
 #3

for uncooked chicken without skin averege weight 1 kg it is 0.13 btc
for BQ chicken that would be double 0.26 btc

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January 25, 2013, 02:43:55 PM
 #4

I think this is a reasonable measure of value, independent of other currencies.
I'll edit when I find out what a chicken costs here.

EDIT: I can't find anyone who will sell me a chicken for bitcoin. Weird since this is a free thinking city and lots of people have backyard chickens.

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January 25, 2013, 02:46:11 PM
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I'm certain that I would be able to purchase two chickens with one Bitcoin, if the market accepted Bitcoin.

If you're in the US, I can ship you a pack of chicks for BTC.  Just throw them some feed and give them a little shelter and you'll have tasty chickens in no time.

Amazing! Smiley haha grow your own kfc

BTC1 would get me roughly 2 small chickens, maybe 2 mediums If theyre on special offer. Probs 2 4KG chickens maybe, I dont have the exact numbers in my head.


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January 25, 2013, 03:04:44 PM
 #6

I'm certain that I would be able to purchase two chickens with one Bitcoin, if the market accepted Bitcoin.

If you're in the US, I can ship you a pack of chicks for BTC.  Just throw them some feed and give them a little shelter and you'll have tasty chickens in no time.

But who will slaughter them for me? I ain't killing animals raised by myself.

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January 25, 2013, 03:16:11 PM
 #7

Marry her!  Cheesy
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January 25, 2013, 03:40:54 PM
 #8

I'm certain that I would be able to purchase two chickens with one Bitcoin, if the market accepted Bitcoin.

It has been a while since I bought chicken (my wife usually does the grocery shopping), but I think you could get three chickens here for a bitcoin. It helps that bitcoins have been jumping up in price.

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January 26, 2013, 01:13:06 AM
 #9

I'm certain that I would be able to purchase two chickens with one Bitcoin, if the market accepted Bitcoin.

It has been a while since I bought chicken (my wife usually does the grocery shopping), but I think you could get three chickens here for a bitcoin. It helps that bitcoins have been jumping up in price.

hey, you reminded me of something. Is bitcoin pegged with USD? yes it is.

[/quote]

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Code:
[center][url=https://www.lescoin.io]LESCOIN  //  Lescoin-the first crypto-currency secured by wood stock[/url]
[url=https://drive.google.com/file/d/0B-o5okWW3V3tRlZUbWxhVGg4NjA/edit]Whitepaper[/url] ¦[url=https://www.facebook.com/DAO-Lescoin-270668693421364/] Facebook[/url] ¦ [url=https://twitter.com/DAO_Lescoin]Twitter[/url] ¦ [url=https://t.me/lescoin]Telegram[/url]
[url=https://www.lescoin.io/]-- - -- - ---- -----        DAO Lescoin  ? 18 September, 2017        ----- ---- - -- - --[/url][/center]
Peter Lambert
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January 26, 2013, 06:16:46 AM
 #10

I'm certain that I would be able to purchase two chickens with one Bitcoin, if the market accepted Bitcoin.

It has been a while since I bought chicken (my wife usually does the grocery shopping), but I think you could get three chickens here for a bitcoin. It helps that bitcoins have been jumping up in price.

hey, you reminded me of something. Is bitcoin pegged with USD? yes it is.

What? Clearly bitcoins are not pegged to anything. On the 22nd you could get two chickens per bitcoin, but on the 25th you could get three chickens per bitcoin. That is an amazing 50% gain in three days. The USD price of chickens remained unchanged over those three days.

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HBBZ
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Lescoin the first crypto-currency secured by wood


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January 26, 2013, 06:43:25 AM
 #11

I'm certain that I would be able to purchase two chickens with one Bitcoin, if the market accepted Bitcoin.

It has been a while since I bought chicken (my wife usually does the grocery shopping), but I think you could get three chickens here for a bitcoin. It helps that bitcoins have been jumping up in price.

hey, you reminded me of something. Is bitcoin pegged with USD? yes it is.

What? Clearly bitcoins are not pegged to anything. On the 22nd you could get two chickens per bitcoin, but on the 25th you could get three chickens per bitcoin. That is an amazing 50% gain in three days. The USD price of chickens remained unchanged over those three days.

bitcoin can be pegged to chicken too. Probably people will be talking and buying 5 chickens with 1 bitcoin next month Grin

[/quote]

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Code:
[center][url=https://www.lescoin.io]LESCOIN  //  Lescoin-the first crypto-currency secured by wood stock[/url]
[url=https://drive.google.com/file/d/0B-o5okWW3V3tRlZUbWxhVGg4NjA/edit]Whitepaper[/url] ¦[url=https://www.facebook.com/DAO-Lescoin-270668693421364/] Facebook[/url] ¦ [url=https://twitter.com/DAO_Lescoin]Twitter[/url] ¦ [url=https://t.me/lescoin]Telegram[/url]
[url=https://www.lescoin.io/]-- - -- - ---- -----        DAO Lescoin  ? 18 September, 2017        ----- ---- - -- - --[/url][/center]
notme
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January 26, 2013, 08:15:20 AM
 #12

I'm certain that I would be able to purchase two chickens with one Bitcoin, if the market accepted Bitcoin.

If you're in the US, I can ship you a pack of chicks for BTC.  Just throw them some feed and give them a little shelter and you'll have tasty chickens in no time.

But who will slaughter them for me? I ain't killing animals raised by myself.

Using a knife blessed by a priest slice both jugular veins while looking the animal in the eye with a sense of gratitude in your heart.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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finway
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January 26, 2013, 09:23:17 AM
 #13

2 chickens for 1 BTC

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January 26, 2013, 09:25:58 AM
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A lot of em here. Even more if you go buy it from the source from the farms. About 7-8 KG's of processed chickens if you go to the local hypermarket.

PS: I'm referring to 1 BTc, of course.

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January 26, 2013, 01:36:06 PM
 #15

The 5.5 Kg chicken that is in the freezer here would have cost us 1 BTC !

Smiley

Interesting question, I'll follow others answer Smiley
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January 26, 2013, 05:54:27 PM
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Around 0.25 BTC at 14 euros per bitcoin

Peter Lambert
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January 26, 2013, 07:16:07 PM
 #17

I'm certain that I would be able to purchase two chickens with one Bitcoin, if the market accepted Bitcoin.

It has been a while since I bought chicken (my wife usually does the grocery shopping), but I think you could get three chickens here for a bitcoin. It helps that bitcoins have been jumping up in price.

hey, you reminded me of something. Is bitcoin pegged with USD? yes it is.

What? Clearly bitcoins are not pegged to anything. On the 22nd you could get two chickens per bitcoin, but on the 25th you could get three chickens per bitcoin. That is an amazing 50% gain in three days. The USD price of chickens remained unchanged over those three days.

bitcoin can be pegged to chicken too. Probably people will be talking and buying 5 chickens with 1 bitcoin next month Grin

I don't think you understand what "pegging" means. If bitcoins were pegged to chicken, then one chicken would always be 1 bitcoin (or whatever ratio, but it would remain constant).

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January 26, 2013, 08:06:30 PM
 #18

I don't think you understand what "pegging" means. If bitcoins were pegged to chicken, then one chicken would always be 1 bitcoin (or whatever ratio, but it would remain constant).
More specifically it means that someone would make a promise of indefinate duration to deliver a chicken for 1 BTC (or whatever) upon demand.
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January 27, 2013, 02:18:07 AM
 #19

there's a shortage of (raw) chicken along with other basic goods in my country so probably a lot
HBBZ
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Lescoin the first crypto-currency secured by wood


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January 27, 2013, 02:42:46 AM
 #20

I'm certain that I would be able to purchase two chickens with one Bitcoin, if the market accepted Bitcoin.

It has been a while since I bought chicken (my wife usually does the grocery shopping), but I think you could get three chickens here for a bitcoin. It helps that bitcoins have been jumping up in price.

hey, you reminded me of something. Is bitcoin pegged with USD? yes it is.

What? Clearly bitcoins are not pegged to anything. On the 22nd you could get two chickens per bitcoin, but on the 25th you could get three chickens per bitcoin. That is an amazing 50% gain in three days. The USD price of chickens remained unchanged over those three days.

bitcoin can be pegged to chicken too. Probably people will be talking and buying 5 chickens with 1 bitcoin next month Grin

I don't think you understand what "pegging" means. If bitcoins were pegged to chicken, then one chicken would always be 1 bitcoin (or whatever ratio, but it would remain constant).

I do understand what pegging means. When a vendor displays a price that's pegging. He has the obligation to provide the commodity specified to customers at the price fixed at least for a period no matter profit or losses. Does pegging mean a fixed exchange rate for a period, and how long is that period? It's quite clear that USD is the primary currency that people trade with bitcoin, the question is what percentage,50%, 70% or 85%? Is this link too tight to be compared to pegging?

[/quote]

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Quote

Code:
[center][url=https://www.lescoin.io]LESCOIN  //  Lescoin-the first crypto-currency secured by wood stock[/url]
[url=https://drive.google.com/file/d/0B-o5okWW3V3tRlZUbWxhVGg4NjA/edit]Whitepaper[/url] ¦[url=https://www.facebook.com/DAO-Lescoin-270668693421364/] Facebook[/url] ¦ [url=https://twitter.com/DAO_Lescoin]Twitter[/url] ¦ [url=https://t.me/lescoin]Telegram[/url]
[url=https://www.lescoin.io/]-- - -- - ---- -----        DAO Lescoin  ? 18 September, 2017        ----- ---- - -- - --[/url][/center]
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