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Topic: Value Derivation (Read 690 times)
jes811
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Value Derivation
August 09, 2011, 01:24:08 AM
#1
Who issues bitcoins and what are they worth in terms of USD? What guarantees are associated with bitcoins?
NothinG
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Re: Value Derivation
August 09, 2011, 01:24:55 AM
#2
Quote from: jes811 on August 09, 2011, 01:24:08 AM
Who issues bitcoins and what are they worth in terms of USD? What guarantees are associated with bitcoins?
1) The people set the price of BTC<>USD.
2) There re no guarantees.
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jes811
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Re: Value Derivation
August 09, 2011, 01:28:23 AM
#3
Quote from: NothinG on August 09, 2011, 01:24:55 AM
Quote from: jes811 on August 09, 2011, 01:24:08 AM
Who issues bitcoins and what are they worth in terms of USD? What guarantees are associated with bitcoins?
1) The people set the price of BTC<>USD.
2) There re no guarantees.
How does one get them? And how many merchants actually accept them? Are they bits of data? Is it data mining? What is it? Heard about it on radio... a caller called in.
NothinG
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Re: Value Derivation
August 09, 2011, 01:32:02 AM
#4
Quote from: jes811 on August 09, 2011, 01:28:23 AM
Quote from: NothinG on August 09, 2011, 01:24:55 AM
Quote from: jes811 on August 09, 2011, 01:24:08 AM
Who issues bitcoins and what are they worth in terms of USD? What guarantees are associated with bitcoins?
1) The people set the price of BTC<>USD.
2) There re no guarantees.
How does one get them? And how many merchants actually accept them? Are they bits of data? Is it data mining? What is it? Heard about it on radio... a caller called in.
https://en.bitcoin.it/wiki/Introduction
https://en.bitcoin.it/wiki/Trade
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