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fulepp
Full Member
 Offline
Activity: 256
Merit: 100
Risk-hedging platform for cryptocurrency investors
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August 15, 2011, 01:25:29 PM |
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9.75 BTC for a video card what never received.  |
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nelisky
Legendary
Offline
Activity: 1540
Merit: 1001
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August 15, 2011, 01:41:53 PM |
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Is this current or historical (adjusted to exchange rate, I guess)? I was selling a house for bitcoins for a while, though it was sold already and unfortunately not for btc. https://bitcointalk.org/index.php?topic=1617.0 |
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payb.tc
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August 15, 2011, 02:01:08 PM |
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I currently have an ad on my website where somebody is selling a 250g gold bar for 1800 BTC:
that's cheap: 250 g is worth 9 750 USD in 2010 average gold price. That's 5.40 USD for one BTC. Even if the 2011 gold price is higher. 1800 btc is worth $19,800... so how is that cheap... sounds like double the price. |
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kiwiasian
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August 15, 2011, 03:14:09 PM |
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I think its great that people can buy things with bitcoin, but with the high amount of fraud Ive seen -- ill send my bitcoins to exchange, turn them into USD and then make my purchases...
I agree with you. If someone insists on paying me in bitcoins I will tell him to convert it on MtGox then send it to me. |
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realnowhereman
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August 15, 2011, 03:33:37 PM |
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I think its great that people can buy things with bitcoin, but with the high amount of fraud Ive seen -- ill send my bitcoins to exchange, turn them into USD and then make my purchases...
I agree with you. If someone insists on paying me in bitcoins I will tell him to convert it on MtGox then send it to me. Why can't you do that instead? The two options are (a) send bitcoins, convert to USD; (b) send USD. If I were selling a car, I would rather be paid in bitcoins than cash. I have no way of verifying that cash is genuine; I can't rely on paypal to go unreversed; I can't rely on a bank transfer or a credit card; I trust a bitcoin transfer though -- real value has been transferred to me. The price volatility would mean I would convert to fiat pretty rapidly; but for "sending" money, bitcoins win. Fraud is nothing to do with bitcoin, the problem there is that the victims weren't used to working with true digital cash; but that is a sword that cuts both ways -- send me some bitcoins and I know they are mine. |
1AAZ4xBHbiCr96nsZJ8jtPkSzsg1CqhwDa
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evoorhees
Legendary
Offline
Activity: 1008
Merit: 1021
Democracy is the original 51% attack
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August 15, 2011, 09:27:42 PM |
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I think its great that people can buy things with bitcoin, but with the high amount of fraud Ive seen -- ill send my bitcoins to exchange, turn them into USD and then make my purchases...
I agree with you. If someone insists on paying me in bitcoins I will tell him to convert it on MtGox then send it to me. Really?!? I'd much rather be paid with an irreversible, unfakable, instant-transfer, low-fee money. In fact, when I see a Bitcoin payment come through to me, I'm relieved because I know at that point my risk is zero. |
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foggyb
Legendary
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Activity: 1652
Merit: 1006
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August 15, 2011, 10:28:37 PM |
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I agree with you.
If someone insists on paying me in bitcoins I will tell him to convert it on MtGox then send it to me.
why? i can't think of a single good reason to do that, unless bitcoin price is falling. |
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BTC_Junkie
Member
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Activity: 97
Merit: 10
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August 16, 2011, 03:53:24 AM |
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Interesting thread...
I'm not trying to hijack it, but it might be more relevant to see the most expensive thing actually sold, since anyone can ask an outrageous price and not actually have a transaction.
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12jAZVfnCjKmPUXTszwmoji9S4NmY26Qvu
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payb.tc
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August 16, 2011, 11:25:57 AM |
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it might be more relevant to see the most expensive thing actually sold
in dollars or bitcoins? coz someone sold 2 pizzas for 10,000 btc... that's pretty expensive in bitcoins. |
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Piper67
Legendary
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Activity: 1106
Merit: 1001
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August 16, 2011, 01:58:47 PM |
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Not sure about more expensive, but on another thread someone's selling a 1999 Hyundai Elantra for 750 BTC... definitely the most overpriced  |
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MatthewLM
Legendary
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Activity: 1190
Merit: 1004
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August 16, 2011, 10:01:21 PM |
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Dollars?  |
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zellfaze
Full Member
Offline
Activity: 141
Merit: 101
Security Enthusiast
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August 17, 2011, 01:58:11 AM |
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Clean Energy on Bitcoin Harbor. List price is only 300.00BTC, but if you want him to build it for you that will be 61,000 BTC. http://bitcoinharbor.com/view/3428699 |
A+, CCENT, CCNA
Security Enthusiast
PHP Coder
Not that I expect anyone to, but should you like my post, please donate:
Donate: 1BRbfqii6Sm9tEUE8A16H7QeDmYFjyBZ7V
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Kermee
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August 17, 2011, 02:25:53 AM |
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Whatever happened to the guy who was trying to sell his business in Oregon for Bitcoins...
Cheers,
Kermee
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