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Author Topic: Let me introduce you to the Urasawa index.  (Read 3542 times)
ruru
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November 05, 2013, 04:56:02 PM
 #1

The Urasawa index is defined as $350/Bitstamp price. Let it be known, that today the ura price is 1.39.

Ura index is taken from http://www.yelp.ca/biz/urasawa-beverly-hills where the food bill can get large, but it's nothing for the new wealthy elite.

http://s3-media1.ak.yelpcdn.com/bphoto/-wuk-dIofi86KadMZTkSPA/l.jpg

The $350 price is taken from the price of food per person in 2010, without adding taxes or gratuity, or drinks. A few gamblers on JD are planning on having a meal there once Ura reaches 0.35 BTC.

http://ura-index.herokuapp.com/

Cheers.

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Keyser Soze
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November 05, 2013, 05:03:29 PM
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FYI, I believe their current price is $399.
ruru
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November 05, 2013, 05:04:34 PM
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FYI, I believe their current price is $399.

I'm well aware.
Quote
The $350 price is taken from the price of food per person in 2010, without adding taxes or gratuity, or drinks. A few gamblers on JD are planning on having a meal there once Ura reaches 0.35 BTC.

GUTS | GET-Protocol ICO
smart-ticket protocol for events | live product with market traction!
BTC ANN | WEBSITE | BLOG | SANDBOX | WHITEPAPER | BOUNTY
Keyser Soze
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November 05, 2013, 05:46:47 PM
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I suppose if you went with the current price you would have used 0.399 as the peg. Either way it means $1000 coins and some delicious food. Cheesy
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