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Author Topic: 1 Bitcoin is 1 Bitcoin no matter what the price ...  (Read 2420 times)
1Referee
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February 11, 2015, 09:36:29 PM
 #21

nope.

1 btc = 0.9999 btc actually.

(There's 0.0001 btc transfer fee Grin )

If your 1BTC has enough priority you don't have to pay any fees.

From that point of view 1BTC is still 1BTC  Smiley
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redsn0w
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February 11, 2015, 09:49:19 PM
 #22

nope.

1 btc = 0.9999 btc actually.

(There's 0.0001 btc transfer fee Grin )

If your 1BTC has enough priority you don't have to pay any fees.

From that point of view 1BTC is still 1BTC  Smiley

The same of 1€ = 1€ , but with your 1btc you can buy a lot of thing because it isn't a "inflationary coin" (or at least it seems).
Bralex
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February 11, 2015, 10:00:14 PM
 #23

You're observation is excellent glad i found this thread so you could clear that up.

If we didn't invest more than we could afford to lose we really wouldn't care about the price anyway.

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Q7
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February 12, 2015, 03:32:56 PM
 #24

Well if everybody looks at it that way. It will take off your mind and obsession about price movement

ThatDGuy
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February 13, 2015, 04:33:23 PM
 #25

Well if everybody looks at it that way. It will take off your mind and obsession about price movement

Price movement and volatility will be at or close to the forefront of the discussion with BTC for a long time - especially here in a Speculation sub-forum.
nachoig
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February 14, 2015, 03:40:23 AM
 #26

The OP got it right. Value =! price.

1 bannana wont't be 1 banana after 2 weeks.

But 1 BTC will remain 1 BTC after 2 weeks, 1 USD will remain 1 USD, 1 EUR will remain 1 EUR and 1 oz of gold will remain as 1 oz of gold.

Price is just a quantitative expression. The price of 1 BTC, or 1 USD, or 1 oz of gold or any other currency can change. But their value still remains.

In contrast, 1 green banana can have the same price of 1 mature banana, but do they hold the same value?
redsn0w
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February 14, 2015, 06:47:02 AM
 #27

The OP got it right. Value =! price.

1 bannana wont't be 1 banana after 2 weeks.

But 1 BTC will remain 1 BTC after 2 weeks, 1 USD will remain 1 USD, 1 EUR will remain 1 EUR and 1 oz of gold will remain as 1 oz of gold.

Price is just a quantitative expression. The price of 1 BTC, or 1 USD, or 1 oz of gold or any other currency can change. But their value still remains.

In contrast, 1 green banana can have the same price of 1 mature banana, but do they hold the same value?

Each person have his own (bitcoin) value, there is a difference from value  & price. At the moment the bitcoin price is just a merely speculation, but its value is much bigger than now.
manis
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February 14, 2015, 12:43:04 PM
 #28

It has to be compared to something - a barrel of crude, a Big Mac, an iPhone 6.  Tongue
All denominate in $$ right now.
Rw13enlib88
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February 15, 2015, 06:29:20 AM
 #29

It has to be compared to something - a barrel of crude, a Big Mac, an iPhone 6.  Tongue
All denominate in $$ right now.

Compared to gold (the other store of value)
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