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Author Topic: Priceonomics values bitcoin at $10 (fair value)  (Read 1446 times)
Saturn7
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May 05, 2012, 02:20:04 PM
 #1

Just saw a link on Hacker News that Priceonomics raised $1.5 Million.
Went to check out the site.
Typed in a bunch of stuff in then I typed in bitcoin  Tongue

http://priceonomics.com/search/?q=bitcoin

First there was Fire, then Electricity, and now Bitcoins Wink
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chsados
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May 05, 2012, 02:24:23 PM
 #2

uuhhh... this is dramaticly flawed.  it looks like they are basing their findings on old ebay links.
Saturn7
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May 05, 2012, 02:30:08 PM
 #3

Yeah I typed in Porsche Carrera GT and it said $49 lol I'll take 10 please. Grin

http://priceonomics.com/cars/porsche/carrera-gt/

uuhhh... this is dramaticly flawed.  it looks like they are basing their findings on old ebay links.

First there was Fire, then Electricity, and now Bitcoins Wink
kwukduck
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May 05, 2012, 04:19:37 PM
 #4

The fair value is exactly what it trades for at any moment.

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Gabi
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May 05, 2012, 06:57:51 PM
 #5

The fair value is exactly what it trades for at any moment.
/thread
triplehelix
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May 06, 2012, 12:34:14 AM
 #6

The fair value is exactly what it trades for at any moment.

actually, no.
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May 06, 2012, 12:39:46 AM
 #7

The fair value is exactly what it trades for at any moment.
/thread

Price and value are two different things. The market is not efficient. Some things are overvalued, some are undervalued it's the way it is.

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May 06, 2012, 12:48:34 AM
 #8

shady site is shady  Tongue

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
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May 06, 2012, 01:17:29 AM
 #9

Today, I will sell you all of mine at $9 each, a 10% discount to that value. 

drakahn
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May 06, 2012, 03:42:41 AM
 #10

Today, I will sell you all of mine at $9 each, a 10% discount to that value. 
well, if you looked at the data it is using it is $10 as an average and there are 2 BTC and 3 BTC prices taken into that
1 BTC is $8 according to that site it seems.

14ga8dJ6NGpiwQkNTXg7KzwozasfaXNfEU
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