51 sats \ 2 replies \ @k00b 16 Nov 2023
Holy moly, I don't understand spreads but it's good for bitcoin that bitcoin is higher right?
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10 sats \ 0 replies \ @brandonsbytes 17 Nov 2023
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0 sats \ 0 replies \ @GrinSingularity OP 16 Nov 2023
Absolutely yes, for the buyer...
The seller is in bad mood...
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10 sats \ 2 replies \ @quark 16 Nov 2023
I wonder how that exchange rate calculation is doing today.
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0 sats \ 0 replies \ @GrinSingularity OP 17 Nov 2023
The price of Bitcoin is determined in the same way that the value of the U.S. dollar is determined: supply and demand. Like fiat currency, when the demand for bitcoin increases, the price increases. When demand for bitcoin falls, the price falls.
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0 sats \ 0 replies \ @GrinSingularity OP 17 Nov 2023
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10 sats \ 1 reply \ @TwoLargePizzas 17 Nov 2023
This is actually really cool.
I'm currently working on a website about the history of Bitcoin and this is dated before Laszlo Hanyecz made the famous two pizza transaction on May 27, 2010.
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10 sats \ 0 replies \ @GrinSingularity OP 17 Nov 2023
I don't know if there is before October 5, 2009 a rudimentary value of bitcoin
Another observation. On the website we see the original 2009 bitcoin logo designed from Satoshi Nakamoto
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