Putting a price on Bitcoin

SCENE: A pet shop with a bored looking proprietor. A customer approaches

CUSTOMER: I’d like to buy a parrot.

OWNER: Certainly, sir. How about this one? It’s a Norwegian Blue. Beautiful plumage.

CUSTOMER: It’s not moving much

OWNER: It is tired and shagged out after a long squawk

CUSTOMER: Fair enough. How much is it?

OWNER: $20,000

CUSTOMER: I’ll pay with this Bitcoin

OWNER: Sorry, sir. On WavesDEX, the Bitcoin is only worth $13,500

CUSTOMER: But on LocalBitcoins, it is over...

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