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Author Topic: Bitcoin parity: what is a bitcoin worth?  (Read 9641 times)
viboracecata
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April 26, 2013, 02:53:19 AM
 #61

Now it worth one middle-level android phone.

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bitcoinbear
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May 28, 2013, 04:25:00 PM
 #62

A bitcoin will get you a gallon of gas.

Yesterday I filled up my van with gas (about 16 gallons) for the price of 0.5 btc.

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May 28, 2013, 04:36:28 PM
 #63

1/21,000,000 of the world

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May 29, 2013, 04:10:15 AM
 #64

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?

You would pay 1 btc for a freakin pizza? 130$+ for a freakin pizza?! It better have truffles all over it.

Just A Guy Interested In Bitcoins
TheGovernedSelf
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May 29, 2013, 05:54:45 AM
 #65

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?

You would pay 1 btc for a freakin pizza? 130$+ for a freakin pizza?! It better have truffles all over it.

Check the date.

ThatDGuy
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May 29, 2013, 03:05:24 PM
 #66

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?

You would pay 1 btc for a freakin pizza? 130$+ for a freakin pizza?! It better have truffles all over it.

Check the date.

Date is indeed important - one year and two months before July 2011 someone paid 10,000 BTC for two pizzas...
bitcoinbear
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May 29, 2013, 03:24:11 PM
 #67

1/21,000,000 of the world

You are saying the whole world is only worth 2.52 billion dollars? I think many economists would disagree with you. Just because there is a hard limit of 21 million bitcoins does not mean that each bitcoin is worth 1 21 millionth of the world, because they are just money and money has velocity.

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johnyj
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May 30, 2013, 12:16:00 AM
 #68

1/21,000,000 of the world

You are saying the whole world is only worth 2.52 billion dollars? I think many economists would disagree with you. Just because there is a hard limit of 21 million bitcoins does not mean that each bitcoin is worth 1 21 millionth of the world, because they are just money and money has velocity.

Get 2.52 billion dollars and see how much bitcoin you can buy Wink

halfawake
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June 01, 2013, 04:26:24 AM
 #69

I wonder how long it'll take before a bitcoin will be worth enough to buy an inexpensive computer.  I'm thinking of my computer, which cost me $650 when I bought it in 2011.

BTC: 13kJEpqhkW5MnQhWLvum7N5v8LbTAhzeWj
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June 01, 2013, 04:41:53 PM
 #70

I wonder how long it'll take before a bitcoin will be worth enough to buy an inexpensive computer.  I'm thinking of my computer, which cost me $650 when I bought it in 2011.

I was just at a little computer shop yesterday, I was asking about their used computers. You can get a nice used computer and monitor for the price of one bitcoin.

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Stampbit
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June 01, 2013, 08:51:47 PM
 #71

1 BTC is worth about .000000000000001 of any coin that doesnt have forced deflation.
Gamah
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June 01, 2013, 09:18:42 PM
 #72

1 BTC is worh some quality 16GB of RAM
Peter Lambert
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August 27, 2013, 12:13:13 PM
 #73

1 bitcoin is worth 1 gun. I was at a gunshop the other day and I noticed you can buy a gun* at the price equivalent of one bitcoin**.

* It was a little Phoenix arms 22lr pistol, not anything huge but still a gun.

** Using the MtGox price, which I know is questionable but it make the parity nice and even.

A bitcoin now is about the same price as I saw an SKS listed a couple years ago. The prices on guns has gone up dramatically the past couple years, not quite as much as bitcoins but definitely one of the highest increases in any one item class. That is mainly due to the political climate, and the fear that more guns were going to be banned. [Tinfoil hat] I suspect some of this political pressure came from the gun makers themselves, they certainly get a much bigger profit now selling the same thing.

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4mherewego
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August 27, 2013, 01:07:56 PM
 #74

alan2here
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August 27, 2013, 01:30:31 PM
 #75

A crisp new $100 or two £50 notes buys most of a BTC.

I got a £50 note from the bank once, when I came to spend it the novelty made is easy to spend and be accepted, I know this isn't generally the case.

BTC has left coins behind long ago :-o £2 in general or in theroy £5 are the largest amounts in England for coins.


Can you edit some sequential dated historical ones into the first post? Like when a nail cost 1BTC
EvilPanda
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August 27, 2013, 01:49:45 PM
 #76

1 bitcoin is worth 1 gun. I was at a gunshop the other day and I noticed you can buy a gun* at the price equivalent of one bitcoin**.

* It was a little Phoenix arms 22lr pistol, not anything huge but still a gun.

** Using the MtGox price, which I know is questionable but it make the parity nice and even.

A bitcoin now is about the same price as I saw an SKS listed a couple years ago. The prices on guns has gone up dramatically the past couple years, not quite as much as bitcoins but definitely one of the highest increases in any one item class. That is mainly due to the political climate, and the fear that more guns were going to be banned. [Tinfoil hat] I suspect some of this political pressure came from the gun makers themselves, they certainly get a much bigger profit now selling the same thing.

Damn, I wish you could own guns in EU Sad
In my country 1BTC is worth: 22" LCD, or a plane ticket to anywhere in Europe, or about 150 bottles of beer  (that would be my personal choice  Wink)

gaston909
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August 27, 2013, 02:05:51 PM
 #77

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.

Forget mining from space,  they will have an "atomic printer" and make anything they want. Whoever they are.

Making bitcoins could be tricky though Smiley


link Soon . .
viboracecata
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August 28, 2013, 01:57:25 AM
 #78

one porn service, eh...

Peter Lambert
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November 29, 2013, 10:14:48 PM
 #79

one bitcoin is now about the same price as one ounce of gold.

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aigeezer
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November 29, 2013, 11:03:52 PM
 #80

Eternal happiness, plus future considerations, borrowing from the following argument:

Q: Which would you rather have, eternal happiness or a ham sandwich?

A: A ham sandwich, because nothing is better than eternal happiness, and a ham sandwich is better than nothing.

Thus, a BTC is better than X, for any X.



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