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Author Topic: does the speculation board need live bitcoin price update?  (Read 212 times)
LoyceV
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May 06, 2023, 03:10:31 PM
 #21

It's going to be a boring price update:
1BTC = 1BTC
This idea means that bitcoin is bitcoin and it's value shouldn't be measured or tied with another currency.
But in stocks or other volatile industries, no stock or coin exists in isolation. For the value of bitcoin to be known at any time is must be measured against fiat, gold or another commodity.
Let's say you're at a forum dedicated to dollars. Would you want a live price update on your screen, or would you just assume 1 USD = 1 USD? If anything, they compare current dollars to past dollars: $1 in 1970 is worth $7.78 today. If Bitcoin reaches it's full potential, we won't need to compare to dollars anymore. I'd love to see "1BTC in 2020 is worth 0.0005728BTC today" someday.

348Judah
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May 06, 2023, 10:54:51 PM
 #22

This is a thoughtful question, live price feeds should be available

There's one posted by this user everyday on wall observer, his name Chart Buddy of which many thought about hi using a bot system to make an automated post because he does that often, though to me it's not an offence but maybe there's more expected of him in that regards than he gives you ca see from this post quote below

You can check this thread - Wall Observer for Bitcoin price updates. It is done by Chart Buddy every hour. As of now, there are many websites and apps that can give you realtime updates of Bitcoin prices. I do not think there is any need of realtime Bitcoin price update on the speculation board.

I would suggest it on the first page of the forum where people visiting would be able to take a quick glance.

If it's not going to be under a board where people can post under it then i think it's fine, because we have to consider the spammers and those trolling together with shitposter not to constitute posting there if it's under a board, if Theymos will go by what has been suggested then it's something new entirely and demand more work on it to get set.

The price feeds should be priced with major world currencies including gold as it's been done with websites dealing with assets.

There may be some comparison with other asset but know that they are not used to determine the bitcoin price.

R


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OgNasty
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May 07, 2023, 08:01:31 PM
 #23

It's going to be a boring price update:
1BTC = 1BTC

Tell me you don’t actually use Bitcoin without telling me you don’t actually use Bitcoin.

This is such a stupid take. No currency is going to change the world if nobody spends it and if you do actually spend it then it is blatantly obvious that one Bitcoin throughout time doesn’t have the same purchasing power of another. Won’t even go into blacklisting coins or inscriptions that completely destroy the 1 BTC = 1 BTC statement.

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Cryptomultiplier
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May 07, 2023, 09:41:14 PM
 #24

Thinking outside the box is crucial and I love this idea, but such a task would theoretically change the idea of this space being a forum talk about Bitcoin and cryptocurrencies in general, to being a board to check scores of the sort and analyze by discussion.
Am sure OP means well, but other apps even chrome would send updates on such as you desire, only if you register though.
Although the idea could be enacted in a better way by the management team in charge, but am sure they must have thought about it too, hence why this forum space remains unique to its idea and goals.

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