[Ann] The Price in Sats

[batesresearch]

Hello, World!

With the price increasing and Bitcoin in the mainstream media, I dug out an old app idea and launched 'The Price In Sats (thepriceinsats.com)' - certainly not a new concept but I hope the website and the use of pricing everyday items in Sats will give people a usable gauge for how much something costs like a bottle of coke, steak or even a pizza.

It's a quick app and needs tonnes of more items, but I hope you'll check it out.

Very nice! Awesome site and we definitely need more like this as adoption grows. Love the idea it shows everyday items in Sats!

We have some similar sites Slicesforsats.org (Which we use at our Pizzeria) and http://satoshicalc.org (Which I am still building)

[1715256022]

1715256022

[1715256022]

1715256022

[thepriceinsats]

Very nice! Awesome site and we definitely need more like this as adoption grows. Love the idea it shows everyday items in Sats!

We have some similar sites Slicesforsats.org (Which we use at our Pizzeria) and http://satoshicalc.org (Which I am still building)

Must admit, I enjoyed the Pizza Slicer page, quite cool that I could edit and it is one of bitcoins most historical moments - I am sure it will be in museum displays someday!

What did you think of the twitter post? I am doing a different item daily, but no traction as yet  - perseverance is the name of the game, hopefully I'll get a follower soon.... https://twitter.com/in_sats

[batesresearch]

Very nice! Awesome site and we definitely need more like this as adoption grows. Love the idea it shows everyday items in Sats!

We have some similar sites Slicesforsats.org (Which we use at our Pizzeria) and http://satoshicalc.org (Which I am still building)

Must admit, I enjoyed the Pizza Slicer page, quite cool that I could edit and it is one of bitcoins most historical moments - I am sure it will be in museum displays someday!

What did you think of the twitter post? I am doing a different item daily, but no traction as yet  - perseverance is the name of the game, hopefully I'll get a follower soon.... https://twitter.com/in_sats

Awesome, thanks! 

Yes, this is a good idea to do the tweets, good to look back on and see the history and it is great that is it every day items! We followed you from the @CoinFestUK twitter and a few RTs.

Keep up the awesome work!

[thepriceinsats]

Just an update:

Added/Fixed:

• We had some further issues with pricing (NaN) - made a few minor changes
• Added BTC BTC preloader
• Some general optimisations and seo work (A Rated)

Working On

• Dark Mode for the site

Ideas

• A widget with the ability to scan an item and see the price in sats - this has moved on a little and some preliminary ideas about currencies and how it could work
• Integration of shopping sites & items that accept BTC as payment - expected to be subpage with list (A-Z)
• Consider the fee it costs to do the transactions - Maybe a show with fees feature

feel free to follow https://twitter.com/in_sats

[thepriceinsats]

Finally added dark mode to the site - it makes the mole look a little more sinister than usual but for those who asked for it, Dark Mode has been delivered!

[thepriceinsats]

Whilst some currencies are being Rekt, thought we could have a little fun and play spot the difference. Can you spot all 7?



BTC

[SFR10]

Finally added dark mode to the site - it makes the mole look a little more sinister than usual but for those who asked for it, Dark Mode has been delivered!

Finally, looks great

Whilst some currencies are being Rekt, thought we could have a little fun and play spot the difference. Can you spot all 7?

https://i.ibb.co/qM9NH8K/Spot-The-Difference-Twitter.png

1. BTCitcoin logo ^(left) vs bitcoincash logo ^(right)
2. No pizza on the right-side
3. Empty sushi slice on the right-side
4. Laser eye on the right-side
5. Missing mustache ^{[left part]} on the right-side
6. Black dot on the right BTCitcoin logo
7. Missing foot on the right-side
Your workaround for "NaN" worked but it still took me a few refreshes to get those stats to display normally.

[thepriceinsats]

1. BTCitcoin logo ^(left) vs bitcoincash logo ^(right)
2. No pizza on the right-side
3. Empty sushi slice on the right-side
4. Laser eye on the right-side
5. Missing mustache ^{[left part]} on the right-side
6. Black dot on the right BTCitcoin logo
7. Missing foot on the right-side
Your workaround for "NaN" worked but it still took me a few refreshes to get those stats to display normally.
[/quote]


Congratulations, you got all 7! - hopefully, that gave you 5 minutes away from the price 


(The black dot (6) was a very small mole)

Whilst the NaN show far less often, now I have a small issue with calling the items, in some cases I'm getting them all and in other cases I get 80 or so. This is based on the logic of show only items that have received a price. I think for now, I just need to add a lot more items, get over 1,000 so people can search and find things.

[thepriceinsats]

Just an update,

We now have over 1,000 items on the website from Tesco, which should give everyone something to find!

Also changed how often we scrape the price from Tesco to daily, which should ensure we have the latest price without straining the server!

[MatchPS]

I like the idea! Are you gone expand the data from other markets like electronics devices? Or is your main focus on food?

[thepriceinsats]

I like the idea! Are you gone expand the data from other markets like electronics devices? Or is your main focus on food?

The idea is to have a basket of goods and that would include electronics, for now time and costs permitting, I have focused on one large retailer who covers a large selection of items, but the hope is to include many providers.

[pinball_wizard]

Really nice work man! Good example of small things to diffuse btc in real world!! Will follow on twitter!

[thepriceinsats]

Really nice work man! Good example of small things to diffuse btc in real world!! Will follow on twitter!

Thanks that's really kind of you to mention.

We had a few tech issues on the site, which stopped me from posting daily and Twitter itself, classed us as spam, but we are past that now, so hopefully we'll get back to daily posts!

[thepriceinsats]

Feel free to buy a developer a coffee & support the PriceInSats site: 3NeEykh9qqDTwnM8yeaEABsHyziNWZryrq (You could be the first!)

[Ucy]

I actually like the sats idea...it however can be boring sometimes or abit difficult to represent large amount of bitcoin in Sats... so I wonder how nice it would be to price in Sats but allow btc when the numbers become too long to write, like simply writing 10btc instead of 1 000 000 000 sats. The later also means less data, esp in digital world.

[thepriceinsats]

I actually like the sats idea...it however can be boring sometimes or abit difficult to represent large amount of bitcoin in Sats... so I wonder how nice it would be to price in Sats but allow btc when the numbers become too long to write, like simply writing 10btc instead of 1 000 000 000 sats. The later also means less data, esp in digital world.

I hadn't honestly thought about large numbers, only low-value items to get people using $SATs for everyday items. But I guess, if $BTC BTC was to be the currency of tomorrow, then we do need ways of displaying large figures easily when purchasing a house for instance (or moon base / Lamborghini)

[OgNasty]

Your website seemed simple to understand and easy to use while also being informative for new users who might not understand what a satoshi is or how it related to Bitcoin (besides it's now famous creator).  I appreciate your effort.  It's great to see new websites pop up that offer insight into Bitcoin.  Good luck with future development and thanks for posting here to let people know what you're working on.  I look forward to seeing more updates as time passes.

[thepriceinsats]

Your website seemed simple to understand and easy to use while also being informative for new users who might not understand what a satoshi is or how it related to Bitcoin (besides it's now famous creator).  I appreciate your effort.  It's great to see new websites pop up that offer insight into Bitcoin.  Good luck with future development and thanks for posting here to let people know what you're working on.  I look forward to seeing more updates as time passes.

Thanks, I appreciate the support. I need to get more items listed and work a bit more on location-based dynamic data. Currently its GBP default.

[n0nce]

Good idea but you need to include in the price the actual cost of the bitcoin transaction fee.
For example:
If I want to buy Coca Cola 1 Litre then I will pay £ 1.45 OR, as a minimum, 3872 SATs (the Coca Cola price) + 441496 SATs (the small fee for bitcoin miners)

The cost of mediation increases transaction costs, limiting the minimum practical transaction size and cutting off the possibility for small casual transactions

(Hi, satoshi!)

Huh?  Where did you get those 400kSat fees from? At the moment (block height 698294) a fee of 1Sat/vB is totally fine, with transaction sizes of ~200vB it means it costs roughly 200 satoshi to send on chain transactions, a mere 0.09€, which is negligible even when just buying a single bottle of Coca Cola (also a bad example, most online transactions are much larger, e.g. due to shipping costs).

Also, in a future where we can order e.g. on Amazon with Bitcoin, the payment will be off-chain in a Lightning channel that connects the users to Amazon LN node directly or indirectly. So even less fees.

To thepriceinsats I wish good luck with the project, looks very nice and I hope to see more products added, very cool that it's not just fixed fiat amounts converted to BTC!

[thepriceinsats]

To thepriceinsats I wish good luck with the project, looks very nice and I hope to see more products added, very cool that it's not just fixed fiat amounts converted to BTC!

Thanks for your kind comments and yes, I'm planning to add more items as I go. I certainly need more staples like beef, tooth paste, milk, etc

My next job is a little localisation. So if you access from the US - you see dollar prices, if you access from Japan you get Japanese Yen, etc. Makes the site a little more  global.