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Author Topic: Bitcoin parity: what is a bitcoin worth?  (Read 9652 times)
Peter Lambert
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July 12, 2011, 11:27:53 PM
 #21

I am actually looking for a house, you will give me yours for one bitcoin?

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July 12, 2011, 11:31:17 PM
 #22

I am actually looking for a house, you will give me yours for one bitcoin?
If 1 BTC > $100k I will sell you nice apartments in Riga.

Peter Lambert
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July 12, 2011, 11:44:00 PM
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I would pay one bitcoin for a nice steak dinner.

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July 13, 2011, 01:31:18 AM
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I would pay one bitcoin for a nice steak dinner.

Eh.. I would pay that much for a pizza. It's so much better than steak anyways Smiley
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July 13, 2011, 09:27:12 AM
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Guess you never had a good steak then Smiley Comparing medium rare filet mignon to a pizza is ehh.. not funny!

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Peter Lambert
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August 11, 2011, 02:29:11 PM
 #26

Today 1 bitcoin can be traded for a slip of paper that says $10 on it.

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August 12, 2011, 11:40:49 AM
 #27

An ounce of gold.

I'll pay you a bitcoin for an ounce of gold.

What name would you give to the smallest unit of bitcoin (0.00000001)? sat. What name would you give to 100 sats? bit. 1 bit = 1 uBTC. 1,000,000 bits = 1 BTC. It's bits
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August 12, 2011, 11:49:02 AM
 #28

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.

Don't forget fertilizer cost, recurring equipment cost (bulbs, etc).  I think mining is more profitable overall...especially due to risk.  Very similar in power usage and initial equipment cost though.
Peter Lambert
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August 29, 2011, 09:28:58 PM
 #29

I know it is not exactly 1 bitcoin, but I thought I would point out that at the site http://bitcoin-hosting.com/?page_id=4 you can get 1 year of webhosting for 1.5 bitcoin. So I guess going with the theme of the thread, you can get 8 months of webhosting for 1 bitcoin.

This site is setting their price in bitcoin, and it is a great deal.

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skull88
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August 29, 2011, 11:23:23 PM
 #30

$30.00
deal, you can have all my coins right away for $30 each Cheesy

BTC: 1MifMqtqqwMMAbb6zr8u6qEzWqq3CQeGUr
LTC: LhvMYEngkKS2B8FAcbnzHb2dvW8n9eHkdp
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August 30, 2011, 12:02:44 AM
 #31

It would be nice to have silver parity. But now it looks more like from 10 to 1$  Cry

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August 31, 2011, 12:54:23 PM
 #32

I would pay one bitcoin for a nice steak dinner.

Eh.. I would pay that much for a pizza. It's so much better than steak anyways Smiley

You must not have had a good steak before.

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Peter Lambert
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August 31, 2011, 02:10:02 PM
 #33

I would pay one bitcoin for a nice steak dinner.

Eh.. I would pay that much for a pizza. It's so much better than steak anyways Smiley

You must not have had a good steak before.

I guess it depends on the size of the steak and the size of the pizza?

Whereas befoe you could get a nice steak dinner for a bitcoin, now you could only get a mediocre steak dinner. You might be able to squeeze two Little Ceasar's Hot'n'Ready pizzas out of a bitcoin if you are lucky.

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Peter Lambert
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October 08, 2011, 06:09:22 PM
 #34

A bitcoin will get you a gallon of gas.

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bitcoinbear
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August 31, 2012, 07:45:19 PM
 #35

Today 1 bitcoin can be traded for a slip of paper that says $10 on it.

Hey look, the bitcoin and the green paper can trade freely again!

CryptoNote needs you! Join the elite merged mining forces right now here in Fantomcoin topic: https://bitcointalk.org/index.php?topic=598823.0
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September 03, 2012, 04:37:35 AM
 #36

just under three units of "tree fiddy"

If you enjoyed the advice I gave, feel free to toss over some loose change Smiley
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Peter Lambert
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January 25, 2013, 03:42:52 PM
 #37

Yesterday I took my family of five out to dinner at Taco Bell, we spent about the same mount as it costs to get one bitcoin now.

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Peter Lambert
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January 26, 2013, 07:20:11 PM
 #38

Today I went to the barber shop and got a haircut for me and my son for about the same price as one bitcoin.

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January 26, 2013, 07:41:47 PM
 #39

It would be fun to see an historical chart with Bitcoin vs real things rather than just other money.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
Peter Lambert
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January 27, 2013, 04:20:02 AM
 #40

It would be fun to see an historical chart with Bitcoin vs real things rather than just other money.

A while ago somebody posted a thread with graphs of BTC vs XAU prices. I suppose there is some metric they use for inflation, a sort of basket of commodities that you could chart?

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