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Author Topic: Bitcoin parity: what is a bitcoin worth?  (Read 9651 times)
Peter Lambert
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July 08, 2011, 09:51:24 PM
 #1

What is worth 1 bitcoin? What would you buy for a single bitcoin? What would you sell for one bitcoin?

I would like this to be a historical thread, we can update it as the price of bitcoins change so we can look back at what a bitcoin is worth.

I would pay one bitcoin for:
- A good pizza.
- A t-shirt.
- An IMAX movie showing.

How creative can you be?



Historical suggestions
2011-07-08: A pizza
2011-10-08: One gallon of gasoline
2013-01-28: A box of See's Chocolates
2013-02-20: One ounce of silver
2013-03-28: One barrel of oil
2013-04-25: An android phone
2013-06-01: A used computer
2013-11-30: One ounce of gold

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Bobnova
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July 09, 2011, 01:04:08 AM
 #2

I'd sell one of my custom made PWM fan controllers for 1 bitcoin.

BTC:  1AURXf66t7pw65NwRiKukwPq1hLSiYLqbP
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July 09, 2011, 08:12:53 PM
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a liter of kombucha or Kefir

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July 10, 2011, 07:01:18 AM
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An ounce of gold.

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July 10, 2011, 07:03:55 AM
 #5

$30.00
Alex Beckenham
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July 10, 2011, 07:22:25 AM
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For 1 BTC I would buy 11 litres of petrol.

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July 10, 2011, 10:08:14 AM
 #7

An ounce of gold.

Someday we will mine gold in space from asteroids or other planets, bitcoins are limited to 21M.

So for me an ouce of gold = 0.01 BTC.
spruce
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July 10, 2011, 10:16:36 AM
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What is worth 1 bitcoin? What would you buy for a single bitcoin? What would you sell for one bitcoin?


I sell a month's subscription to my online 24/7* interactive automated counselling site PaulsRobot for 1 BTC. It's not really an entry-level site so I wouldn't expect many takers, but it all helps to get the idea of bitcoins out there.

*Eek. The site's offline right now as I changed something. Let's say 24-ish/7 instead. Smiley
FreeMoney
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July 10, 2011, 10:23:10 AM
 #9

An ounce of gold.

Someday we will mine gold in space from asteroids or other planets, bitcoins are limited to 21M.

So for me an ouce of gold = 0.01 BTC.

Deal!

I'll take the oz of gold if that wasn't clear.

Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
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Confucius says... Our Bitcoin movement is historic


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July 11, 2011, 02:45:39 AM
 #10

5g Weed Tongue


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GideonGono
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July 11, 2011, 08:14:28 AM
 #11

5g Weed Tongue



Damn, beat me to it. I'd say 1g of Manicure bud Grin

LokeRundt
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July 11, 2011, 05:16:23 PM
 #12

5g Weed Tongue



Damn, beat me to it. I'd say 1g of Manicure bud Grin

what kind of cheap shit you smoking?

Hippy Anarchy
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imperi
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July 11, 2011, 07:04:54 PM
 #13

An ounce of gold.

Someday we will mine gold in space from asteroids or other planets, bitcoins are limited to 21M.

So for me an ouce of gold = 0.01 BTC.

Although this is true, there are also Namecoins which will reach 21M.
Fakeman
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July 11, 2011, 07:27:07 PM
 #14

5g Weed Tongue



Damn, beat me to it. I'd say 1g of Manicure bud Grin

what kind of cheap shit you smoking?

Maybe you're just paying too much. Tongue For a true side by side comparison, why not compare the electricity costs to generate each?

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July 11, 2011, 08:21:46 PM
 #15

hopefully someday i can buy a car with it
LokeRundt
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July 11, 2011, 11:14:10 PM
 #16

5g Weed Tongue



Damn, beat me to it. I'd say 1g of Manicure bud Grin

what kind of cheap shit you smoking?

Maybe you're just paying too much.

Man, do we have to get into a discussion of value/cost/demand market forces ?

Quote
Tongue For a true side by side comparison, why not compare the electricity costs to generate each?

Probably not too bad compared to mining. Innovative design does wonders

Hippy Anarchy
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Peter Lambert
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July 12, 2011, 01:38:54 AM
 #17

For a true side by side comparison, why not compare the electricity costs to generate each?

You can plant the plant outside, then it requires no electricity. It is hard to do that with bitcoins. (Although, there is an "environmentally conscious mining" thread talking about that too.)

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MKW2012
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July 12, 2011, 01:53:53 AM
 #18

2 trades on Scottrade.
Fakeman
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July 12, 2011, 01:58:45 PM
 #19

For a true side by side comparison, why not compare the electricity costs to generate each?

You can plant the plant outside, then it requires no electricity. It is hard to do that with bitcoins. (Although, there is an "environmentally conscious mining" thread talking about that too.)

True, but a lot is still grown indoors using electrical power so I think it could be an interesting comparison anyway.

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July 12, 2011, 11:27:01 PM
 #20

I hope some day I could buy a house for 1 BTC.

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