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Topic: Bitcoin value - page 2. (Read 3451 times)

newbie
Activity: 11
Merit: 0
August 07, 2018, 05:37:16 AM
You have to understand the concept of bitcoin value and price. For me, I believe bitcoin is really valuable and beneficial
newbie
Activity: 2
Merit: 0
August 07, 2018, 05:21:57 AM
I believe bitcoin is not a bubble but really worth it. However, its value depends on many factors of subjective and subjective evaluation
newbie
Activity: 2
Merit: 0
August 07, 2018, 04:50:40 AM
I am sure the bitcoin is real and valuable. However, the value of it depends on the decision of each person.
full member
Activity: 770
Merit: 102
July 24, 2018, 03:27:44 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.
Of course that what he said is right. Cryptocurrencies are only one big speculation. And why? Because currently we dont need them!
But, what about in the future? When people find out the power of the blockchain?
full member
Activity: 250
Merit: 100
The Future Of Work
July 24, 2018, 03:17:52 AM
Value in the market consist of many factors. For example, popularity, investing in it, price on the market and others. In general they make surprise for today. My opinion about the value for your time is near 7k per one Bitcoin.
jr. member
Activity: 92
Merit: 1
July 23, 2018, 06:10:16 AM
The Bitcoin value is because the community accepts it, because of the supply-demand relationship that makes Bitcoin valuable.
There are so many other factors which are increasing the bitcoin value. For example the easy use of bitcoin, its withdrawal and deposition in our online wallet, the profit that we can get only by holding bitcoin, and so many other reasons which are in fact making bitcoin more popular and valuable.
hero member
Activity: 1008
Merit: 501
July 20, 2018, 07:27:08 AM
 What many here confusing is the word "value" . We are not talking about the "bitcoin price" we are talking about the "bitcoin value". As in what bitcoin brings to the table that makes it worth anything. If take the face value of bitcoin the only thing that makes it worthy anything is the people. More people wants to buy bitcoin than people who wants to sell bitcoin makes bitcoin worth more, the reverse makes it worth less. Now if we take the reasoning why bitcoin started and why bitcoin should be used like what satoshi had in mind, that makes it more valuable than any other currency in the world because this was not started out against the dollar or started against the euro, it started as the currency for the whole globe.
full member
Activity: 250
Merit: 100
The Future Of Work
July 20, 2018, 04:25:51 AM
Bitcoin is precious. You can visit the different trading platforms so you will be able to grasp how the price of bitcoin and even alts were made. In trading the people decide the value how high or low they want to acquire a bitcoin, on the other hand people set a price to sell a bitcoin or buy.

You're right about it because we don't create the price for Bitcoin. I think it's a price in real time is good to invest in it.
full member
Activity: 504
Merit: 106
July 20, 2018, 03:28:45 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 value of the bitcoin is base on its users. The bitcoin has now solid community, by observing the past graph of the bitcoin; you will find out that the price of the bitcoin is continuing to increase as time passing by.
The value today is a little good and we need improvement either less or more but improvement will lead us once. Now if you want to see a sudden change or manipulation in the market then you and we all should invest in the Bitcoin which is a benefit too at this stage apart which the price will activate to increase. With the passage of time we will see a better value as we need to do the same and should not sell right now which will bring further decrease.
hero member
Activity: 840
Merit: 500
July 20, 2018, 02:29:46 AM
Bitcoin is precious. You can visit the different trading platforms so you will be able to grasp how the price of bitcoin and even alts were made. In trading the people decide the value how high or low they want to acquire a bitcoin, on the other hand people set a price to sell a bitcoin or buy.
Bitcoin will remain precious for ever, bitcoin is in fact the need of the day and its value will continue increasing because of the increasing number of bitcoin users, and the benefits that we are getting from bitcoin investment. therefore bitcoin will continue increasing its value and will continue to become precious for a long long time.
legendary
Activity: 2100
Merit: 1058
July 19, 2018, 04:47:09 AM
bitcoin is more valuable than today. Therefore, the future value of the future is higher than the prevailing price, so we can sweep it in the future.
Well if we look at the potential of the Bitcoin, we can see it getting implemented around the world in almost every aspect of life like the banking sector where it can bring possible changes in the banking policies. It can also improve the monetary policy and fiscal policy of a government by enabling the government to reduce the printing of votes and hence reduce the inflation.

So irrespective of the current values of Bitcoin, it is going to be more expensive in future. One of the possible medium of exchange around the world.
newbie
Activity: 56
Merit: 0
July 18, 2018, 02:01:49 AM
The Bitcoin value is because the community accepts it, because of the supply-demand relationship that makes Bitcoin valuable.
jr. member
Activity: 80
Merit: 1
July 16, 2018, 03:27:48 AM
I hope value of bitcoin will increase, because in this year im in big minus, need some good days.
bitcoin is decentralized its value is volatile it cannot be controllable its depends on supply and demand and its population.Since its volatile so it don't have fix price. If it can increase it can decrease too.You're bitcoin has a value but unfortunately not fixable
newbie
Activity: 51
Merit: 0
July 15, 2018, 10:35:10 AM
In my opinion the value of Bitcoin lies in its usefulness. It's also where you want to get Bitcoins. No organization can intervene and control. So the real value should be reflected in the security in the purchase and payment.
sr. member
Activity: 686
Merit: 282
July 13, 2018, 09:44:05 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 natural for them to have more demand for a commodity, usually its price will go up over time. Especially as its limited amount. It's the same with BTC.

newbie
Activity: 234
Merit: 0
July 13, 2018, 09:40:31 AM
No just cryptocurrencies, anything has value because people agree it does.Diamonds would be worthless if people see them as just pebbles.Bitcoin's value will grow as more persons join the network
full member
Activity: 658
Merit: 103
July 13, 2018, 09:17:21 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.
We still in the beginning of the Bitcoin Era, I can say that the value of the bitcoin is still cheap. I am really sure that the bitcoin will boom in the following years. Many more people will adopt and use bitcoin as currency.
full member
Activity: 392
Merit: 101
July 13, 2018, 09:10:11 AM
I hope value of bitcoin will increase, because in this year im in big minus, need some good days.
A good opinion and I like your opinion.
I hope the bitcoin will tunbuh faster so that future bitcoin better forever so indirectly bitcoin value will increase.
newbie
Activity: 210
Merit: 0
July 12, 2018, 01:25:37 AM
Truly most of all transactions or the value of  commodity depends on the principles of market and demand, the more and more people demand on every commodity and there is no enough supply to sustain that demand then the value of such commodity increases.Bitcoin is good and the value is good at present time and with the bitcoin usage the demand will rise and we hope that bitcoin value will double in the coming months. i hope that the investors will increase investment in the crypto market.
copper member
Activity: 28
Merit: 0
July 12, 2018, 01:22:32 AM
Just like the forex or fiat currency exchanges such as usd or eu, they are considered rates as it goes up or down. Same thing to BTC which goes up and down in accordance and dependence towards the whole economy of the crypto currency market cap. As we know the volume can be easily manipulated with strong hands of various whales that can plan buys or plan sells to manipulate the price. This is due to the low volume of the current market, which would be completely different in the next decade if it is valued at 5-10 trillion. This is why Cryptocurrency is extremely volatile and speculative due to whales and the low market cap. The overall industry and tokenomy is quite pre-mature as well so it can turn into a completely different ballgame in the next decade. Lets just wait and see.
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