Bitcoin value - page 18. | Bitcointalksearch.org

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ONNI COIN! The New Paradigm!

Quote from: the maker on April 01, 2018, 12:25:02 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.

Ideal is that the mass or people decide... For real, probably not.

Larva14

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Quote from: the maker on April 01, 2018, 12:25:02 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.

It simply just if we don't believe in bitcoin, who else will believe on it? In order to people believe with us in Bitcoin, we must believe it first. Its value is depend on us, if we are not sure about its value, people are more unsure more about it. We just need to keep on mind that we must let the people see that we trust bitcoin for them to trust with it also.

Baby Dragon

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Quote from: cryptoplus94 on April 01, 2018, 01:21:22 AM

There are predictions that 2019 bitcoin will probably increase to $ 50,000, maybe?

We know the price value of bitcoin is unpredictable we don't know what happen tomorrow when it down or up. I wish that prediction in 2019 will come true cause so many investors to be happy to reach that goal, don't lose hope we know the price value of bitcoin is an unpredictable.
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rjsmith

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I think bitcoin value is very significant for many people.its value has been up day by day.so in my opinion many ways for bitcoin can have a very high value until now.

David Vo

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They said prices tend to rise when viral news spread from one buyer to another, transmitted by word-of-mouth between friends – especially to those with a “fear of missing out” on a chance to get rich quick. The rate of new entrants to the market helps to set prices, while more people losing money will lead to immunity.

audreyking.king

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Bitcoin is a crypto currency in the crypto world. this is a largest and a biggest cvurrency in the world . but, in Today , bitcoin value is down. bitcoin value is not a stable.so even though now the bitcoin has decreased, surely in the next few weeks there will be an increase.

barretking

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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.

amberthomas

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The main reason for which people trust that bitcoin has value is that it being a decentralised currency could not be devalued by any governments.as much people love Bitcoin ,the value of Bitcoin increases. the popularity increases and again decreases, so the value of Bitcoin keeps up and down .so the value of Bitcoin is not stable.

alvinmtp

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Numerous individuals might not understand that different monetary forms work precisely the same, in the event that you are holding a coin or note of your own local currency in your hand, at any given point in time there are a large number of individuals purchasing and offering your local currency, so while you may watch it as steady, it's value entirely changes. When you need to trade it for another cash at a money work area, suppose for USD, one day you pay 10 local currency to a dollar, the following day possibly 11 or 9. Bitcoin works the very same way, you can simply consider it a cash other than the one you are used to.

Ambrosius

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Yes it is true and I agree on that. Bitcoin has value because people agree that it is worth. People believe that bitcoin has value, certainly there is something underlying that belief. One of them bitcoin has limited stock and easy transactions.

nurbay

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Yes, Bitcoin is valuable because many people think that Bitcoin has a high value.
That assumption feels right because once Bitcoin did not have a price and started to have a low price value.
But over time running to make Bitcoin prices become high because Bitcoin is in demand by many people and its numbers are limited.

arya123210

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yes a lot of people who prefer bitcoin to be an investment tool and in my opinion many ways that can make bitcoin can have value so in my opinion many ways for bitcoin can have a very high value until now

kingkongcorp

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yes bitcoin can have value because many support bitcoin and many people use bitcoin so it is arguably bitcoin has value because many support and many people also use bitcoin to become investment tool

Mazda17

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Quote from: mylyn2327 on April 30, 2018, 06:46:31 PM

Bitcoin value may go up and down but still it is already proven and bitcoin has its own standing in the market. Bitcoin continues to develop and many people now are into Bitcoin because they believe in its value.

A good opinion and I like your opinion.
Every life and business there must be ups and downs where the market is up and down because at that time bitcoin can turn the problem into a force for the future to see the high bitcoin value in the market so I'm sure many people like bitcoin because they already feel bitcoin has value good and strong for the future.

handsomes

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Quote from: the maker on April 01, 2018, 12:25:02 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.

The bitcoin is a currency the value is increasing and decreasing it because of the transaction nit fixed everyday it can change the bitcoin now is 364kpesos when converted into USD the value is $6092 so its down.

Dne work

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Quote from: MUSFIKAR on June 09, 2018, 02:25:31 AM

Yes everything has value because people agree so. The same applies to fiat. In reality, fiat is just a piece of paper and we all agree that it has value. The only difference between fiat and Bitcoin as well. People can use tokens to transfer values globally, because tokens have a perceived value that is determined by supply and demand on the open market.

Bitcoin has value because it is as valuable as money. Bitcoin has properties of money based on mathematical formulas rather than based on physical form or belief on the center. The value of bitcoin comes only from people who are willing to accept it as a means of payment.

Hua cuong

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The reason bitcoin has value is because a lot if people support it and it has helped to solve online payment. You can now buy from some online shops using bitcoin.

jamisky

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The value of bitcoin is not fixed it is determined by various factors such as time condition of the market and many more. Because bitcoin and unstable makes it more interesting for trading you forcasted the future value buy or sell at your discretion.

kotulo

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What makes people most afraid is that btc has no authority. They feel unprotected when using it. But until now btc has proved to be formidable.
If the bitcoin value is fixed, you will not receive a profit because no one is buying and selling

jikurpa

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Quote from: the maker on April 01, 2018, 12:25:02 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.

it is true your opinion bitcoin valuable because the investors themselves something that we are from us and by us so until now even the price can not be stable is one of the risks

Topic: Bitcoin value - page 18. (Read 3451 times)