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Topic: Bitcoin value - page 17. (Read 3451 times)

sr. member
Activity: 756
Merit: 250
June 13, 2018, 05:39:44 AM
I've just watched the John Oliver show about cryptocurrencies and something struck me about what he said:

 " like most currencies, the fundamental reason that bitcoin has value is that people agree that it has value"

I just want to know your thoughts on this. I only have a little understanding about the idea of currency and its value although i've already been at it all my life. Im new into this kind currency and right now its plumetting.
By and large, it is, and this applies to all currencies. So it turned out that bitcoin is the very first crypto currency and is valued more than others, and the price is higher than other crypto currencies.
newbie
Activity: 1
Merit: 0
June 13, 2018, 05:32:41 AM
The value of bitcoin are very volatile it may decrease and increase it's because of the users of bitcoin the supply and demand can affect the bitcoin price.
Yah defnitely agree with you. Bitcoin has the abilty to go to moon and drops the to its lowest value. tHIS IS EXPECTED TO CRYPTOCURRENCIES..
Right now I tried to invest in LEDU tokens. I heard they have burning of tokens this July.
good
newbie
Activity: 112
Merit: 0
June 13, 2018, 05:30:24 AM
The value of bitcoin are very volatile it may decrease and increase it's because of the users of bitcoin the supply and demand can affect the bitcoin price.
Yah defnitely agree with you. Bitcoin has the abilty to go to moon and drops the to its lowest value. tHIS IS EXPECTED TO CRYPTOCURRENCIES..
Right now I tried to invest in LEDU tokens. I heard they have burning of tokens this July.
legendary
Activity: 2954
Merit: 1155
Leading Crypto Sports Betting & Casino Platform
June 13, 2018, 05:24:19 AM
I've just watched the John Oliver show about cryptocurrencies and something struck me about what he said:

 " like most currencies, the fundamental reason that bitcoin has value is that people agree that it has value"

I just want to know your thoughts on this. I only have a little understanding about the idea of currency and its value although i've already been at it all my life. Im new into this kind currency and right now its plumetting.
i think it is a little right, bitcoin has its value because people agree tp accept it. and market which give its value. if someday people not agree or not believe again about bitcoin, market will response and it value can be zero, anything can be happen in this crypto world
newbie
Activity: 113
Merit: 0
June 13, 2018, 05:07:33 AM
 I think Bitcoin  is a crypto currency in the crypto world. this is a largest and a biggest currency in the world . but, in  Today , bitcoin value is down. bitcoin value is not a stable. like a paper money because paper money value is fixed in every time. this is regular up and regular down position. that is bitcoin value's.
newbie
Activity: 196
Merit: 0
June 13, 2018, 04:51:38 AM
Bitcoin is an international standard digital currency. This is the special value of the currency, it all believes. Consumers have done a lot of work, including business and trading through Bitcoin. Bitcoin price is determined at all times. However, it noted that the price of Bitcoin is increasing gradually.
full member
Activity: 350
Merit: 103
June 13, 2018, 04:43:20 AM
Once we did not give any kind of importance to one things it means we did not value that things. Once we don't mind any to our environment and place it means we did not have any importance to that things it means we don't have any kind of value in our heart even just a little bit. Bitcoin have value because people give some importance to this very unique coins that have a very high value in our society. There are so many people that wants this coins. The demands of this coin is not unstoppable.
full member
Activity: 266
Merit: 104
June 13, 2018, 04:38:34 AM
The cryptocurrency market is one unpredictable and volatile one that cannot be analyzed as easily, the value will keep rising and falling overtime with n reasonable stability to it, we therefore cannot be precise on the Bitcoin value but the fact that a number of people are using it is reason enough for it to gain value
Bitcoin is now the most reliable option for storing funds in the crypto currency, which explains why investors and enterprising people are eager to make money on changes in the exchange rate of this currency, which also ensures its growth at the moment
newbie
Activity: 40
Merit: 0
June 13, 2018, 03:02:40 AM
Everything has a value when people trust it. An example might be the trust to the brands, so people use some services or products when they realize that they really need it and they will satisfy with a result. Blockchain gives people a new level of trust, that is why this industry has a bright future.
newbie
Activity: 30
Merit: 0
June 13, 2018, 02:53:00 AM
Bitcoin is a product of trading, investment and purchasing of goods online and making pay bills. Therefore bitcoin has been working perfectly on a digital money asset, that appreciate from time to time in time of value rate increasing by appreciate in price
newbie
Activity: 140
Merit: 0
June 13, 2018, 01:52:05 AM
Indeed it true,the estimation of a thing relies upon how the general population esteem it. Really above all else exchanges or the estimation of item relies upon the standards of market and request, the an ever increasing number of individuals request on each ware and there is no enough supply to maintain that request then the estimation of such ware increments. Since bitcoin is exceptionally prevalent and an ever increasing number of individuals needed to be a piece of this trading,it makes the bitcoin extremely tried and true but then exceptionally unstable so its esteem and cost is undetermined and can't be anticipated.
newbie
Activity: 84
Merit: 0
June 13, 2018, 01:47:02 AM
I've just watched the John Oliver show about cryptocurrencies and something struck me about what he said:

 " like most currencies, the fundamental reason that bitcoin has value is that people agree that it has value"

I just want to know your thoughts on this. I only have a little understanding about the idea of currency and its value although i've already been at it all my life. Im new into this kind currency and right now its plumetting.

Bitcoin as all products itself bring a kind of value to each customer.
For someone is a way to get rich fast, for someone new possibilities to trade. It is an instrument to reach your goal and it brings a value for u.
newbie
Activity: 24
Merit: 0
June 13, 2018, 01:38:20 AM
That is true for anything like gold also. I is valuable because people consider it so, nothing special about it.
full member
Activity: 448
Merit: 122
June 13, 2018, 01:34:56 AM
Yes as it bitcoin as a store of value is relevant to the extent the people now ascribed to bitcoin great value and as every other commodity it price depends on it value and how you know the value is through the demands for bitcoin. So oliver is right.
full member
Activity: 392
Merit: 101
June 13, 2018, 01:31:12 AM
The market value of bitcoin  as of this moment is quite too low. I am happy that this currency can make us successful  and solve our problem.
Although bitcoin values are currently declining but I remain loyal to bitcoin because I believe the bitcoin value will soon increase again.
Bitcoin is a very useful and beneficial digital currency for all of us even bitcoin is able to solve our problems until we become as simple as possible in living life.
full member
Activity: 392
Merit: 101
June 12, 2018, 11:39:03 PM
Bitcoin value may go up and down but still it is already proven and bitcoin has its own standing in the market.And I think all the people who are investing in digital crypto currencies are believing in it and hoping to rise as well.
Your opinion is very good and I like your opinion.
It is true what you are saying is that bitcoin values are up and down but bitcoin ensures itself that bitcoin market always has a high position even though bitcoin price decreases because many people believe bitcoin will rise in price again.
Many people expect that bitcoin prices increase and believe in the presence of bitcoin because bitcoin has important value and benefits in the eyes of many people so they expect bitcoin to grow.
full member
Activity: 358
Merit: 108
June 12, 2018, 07:33:58 AM
Personally I have invested in Bitcoins and other crypto currencies. Although, it's in a bit of loss at the moment but I think it's a long term prospect. It has to be used with caution though as there are lots of fluctuations in the price.
full member
Activity: 518
Merit: 100
https://saturn.black
June 12, 2018, 07:26:44 AM
I've just watched the John Oliver show about cryptocurrencies and something struck me about what he said:

 " like most currencies, the fundamental reason that bitcoin has value is that people agree that it has value"

I just want to know your thoughts on this. I only have a little understanding about the idea of currency and its value although i've already been at it all my life. Im new into this kind currency and right now its plumetting.
It often varies. But this coin in comparison with its competitors has a very high value of about nine thousand dollars. And I think it's hard to argue with that.
newbie
Activity: 196
Merit: 0
June 12, 2018, 06:26:21 AM
Its value is depend on us, if we are not sure about its value, people are more unsure more about it. investing in digital crypto currencies are believing in it and hoping to rise as well. so the value of Bitcoin keeps up and down .so the value of Bitcoin is not stable.
sr. member
Activity: 616
Merit: 250
June 12, 2018, 06:21:44 AM
The value of bitcoin are very volatile it may decrease and increase it's because of the users of bitcoin the supply and demand can affect the bitcoin price.
It is mainly affected by supply and demand in the market.There is.no physical asset to support its value or its price. This can be used as currency or digital asset, can be traded or used to buy or pay something.those are some reasons why bitcoin has value. Many people use it to speculate for getting profit.
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