2013-08-08 Readwrite: What's Bitcoin Worth In The Real World?

[Arvicco]

http://readwrite.com/2013/08/08/whats-bitcoin-worth-in-the-real-world

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[aigeezer]

Spoiler to save you three minutes of reading time - her conclusion:

"There’s no easy answer to, “what’s Bitcoin really worth?”"

Profound, she's not.

[bobdude17]

Spoiler to save you three minutes of reading time - her conclusion:

"There’s no easy answer to, “what’s Bitcoin really worth?”"

Profound, she's not.

You are, by far, my favorite press commentator.

[Carlton Banks]

Reminds me of something Phinnaeus Gage was saying in the Joe Lewis thread: the "journalists" who wrote that story for WSJ got paid for it, the WSJ had the story behind a paywall, and yet Phinnaeus managed to discover the actual truth of the matter with a couple of hours of unpaid googling (using some kind of specialist hardware to help him). What exactly does "professional" even mean these days? These people seem content with endless hideously posturing, preening photographs of their vainglorious mugs, and totally unhappy with actually giving people anything useful to read.

[solex]

What exactly does "professional" even mean these days?

In the internet age having a LinkedIn account means you are a "professional"

[Carlton Banks]

It's almost at the stage where journalists are photo-shoot models. What next, T&A in the mugshots? We've already got teeth so white that they're basically glow-in-the-dark.

[Gabi]

Is she unable to google bitcoin charts and look at the price of bitcoin? That is what bitcoin is worth in the real world, nothing more, nothing less 

[STT]

Theres always the chance of the more profound, value rather then price
bitcoin is more durable then cheques or bonds?  liquidity, volatility & a whole greek alphabet of dynamic considerations to factor assessment of any currency

Bitcoin isn’t very liquid. It takes time to buy, sell and move the cryptocurrency around.

“If you want to buy or sell $100K or $1M in Bitcoin, the market will go crazy.”

I thought this was called market depth.   Dollars is the largest market is the world, yea we get it