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Saturn7 (OP)
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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 (OP)
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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/

Quote from: chsados on May 05, 2012, 02:24:23 PM
uuhhh... this is dramaticly flawed.  it looks like they are basing their findings on old ebay links.
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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
Quote from: kwukduck on May 05, 2012, 04:19:37 PM
The fair value is exactly what it trades for at any moment.
/thread

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triplehelix
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May 06, 2012, 12:34:14 AM
 #6
Quote from: kwukduck on May 05, 2012, 04:19:37 PM
The fair value is exactly what it trades for at any moment.

actually, no.
wachtwoord
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May 06, 2012, 12:39:46 AM
 #7
Quote from: Gabi on May 05, 2012, 06:57:51 PM
Quote from: kwukduck on May 05, 2012, 04:19:37 PM
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
Littleshop
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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. 
Seller since 2011 hundreds of orders shipped
drakahn
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May 06, 2012, 03:42:41 AM
 #10
Quote from: Littleshop on May 06, 2012, 01:17:29 AM
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.
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