Bitcoin Forum
August 20, 2017, 02:41:50 AM *
News: Latest stable version of Bitcoin Core: 0.14.2  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 [2]  All
  Print  
Author Topic: Bitcoin pricing  (Read 3508 times)
jh1523
Jr. Member
*
Offline Offline

Activity: 56


View Profile
July 29, 2011, 10:51:09 PM
 #21

Guys, we don't need to convince ourselves that bitcoins are worth $1mil each - we already know that. Smiley
It's everyone else who needs convincing.  Tongue

If you feel I have helped you, consider donating to 1BFLDATk4iE6R2hYTfqNjxBZYctU9eshCM
Even if you use Bitcoin through Tor, the way transactions are handled by the network makes anonymity difficult to achieve. Do not expect your transactions to be anonymous unless you really know what you're doing.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1503196910
Hero Member
*
Offline Offline

Posts: 1503196910

View Profile Personal Message (Offline)

Ignore
1503196910
Reply with quote  #2

1503196910
Report to moderator
SteveFL
Jr. Member
*
Offline Offline

Activity: 33


View Profile
July 30, 2011, 01:42:19 AM
 #22

31.9 was the all time high. Almost every article/ newspiece related to bitcoin mentions it.

Actually:

Code:
June 10, 2011, 12:19 p.m. Obtain: 32.99 USD Gave: 1.00 BTC 32.99 USD 0.19794 USD Commission

Granted I can't prove it more than that or a SS from my TH account that someone will claim I photoshopped, but I did sell for $32.99.
abcduploader
Newbie
*
Offline Offline

Activity: 9



View Profile
July 30, 2011, 05:19:57 AM
 #23

So, my theory is that cant there be any bidding system put into the marketing sites like bitmarket.eu , tradehill etc .
I mean if some one bids 13.95$ then the next bidder has to be atleast .05 - .1 more than the last one . ie the next bidder has to bid more than 14$ .

In this way the cost of a bitcoin will dramatically increase and the buyers will also dont have to fear about the drops in bitcoin prices .
Say you set up such a system, and the price on that system goes to $18. As soon as there's nobody left whose willing to pay $18 for a bitcoin, and some guy on some other system starts offering them for $17, nobody would trade on that system.

You can't sell something for more than it's worth unless you can keep a ready supply of suckers.

If someone can setup that system...One buyer will know that if he buys a bitcoin now he will surely sell it off at a higher price  since the next person must bid .1$ more .
the joint
Legendary
*
Offline Offline

Activity: 1806



View Profile
July 30, 2011, 05:25:06 AM
 #24

So, my theory is that cant there be any bidding system put into the marketing sites like bitmarket.eu , tradehill etc .
I mean if some one bids 13.95$ then the next bidder has to be atleast .05 - .1 more than the last one . ie the next bidder has to bid more than 14$ .

In this way the cost of a bitcoin will dramatically increase and the buyers will also dont have to fear about the drops in bitcoin prices .
Say you set up such a system, and the price on that system goes to $18. As soon as there's nobody left whose willing to pay $18 for a bitcoin, and some guy on some other system starts offering them for $17, nobody would trade on that system.

You can't sell something for more than it's worth unless you can keep a ready supply of suckers.

If someone can setup that system...One buyer will know that if he buys a bitcoin now he will surely sell it off at a higher price  since the next person must bid .1$ more .


Mmmmmm super-deflation.  With my 1 BTC, someday I can buy...THE WORLD!!!   Mm...mua...mua ha ha...MUA HA HA HA HA

Pumpkinman
Newbie
*
Offline Offline

Activity: 13



View Profile
July 30, 2011, 06:26:36 AM
 #25

i was late to the party for coins been at it only a grand total of 3 months (know about them for about 5, just didnt jump the shark.) so my highest sale was a small $15

i'm hoping prices will return there soon. would be nice.
abcduploader
Newbie
*
Offline Offline

Activity: 9



View Profile
August 07, 2011, 06:51:29 AM
 #26

Anyone still wanna talk about pricing since now it has dropped to 10$ and I see no way its getting up....
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!