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Topic: Bitcoin value - page 20. (Read 3451 times)

full member
Activity: 392
Merit: 101
June 09, 2018, 06:43:11 AM
Bitcoin have value because people agree to have bitcoin also bitcoin needs people and people needs bitcoin. The give and take flows is the best that gives bitcoin value because people have value that can gives to bitcoin. While there are people bitcoin remain.
A good opinion and I agree with your opinion.
Actually bitcoin has a high value thanks to the help of the people who follow it until bitcoin has a bright future because between bitcoin and its followers are equally pushing towards good and mutual benefit so that the two give each other and benefit each other where bitcoin has a bright future while the followers have big profits.
newbie
Activity: 98
Merit: 0
June 09, 2018, 06:36:15 AM
Almost all cryptocurrency today are in trouble and the most affected among all coins is bitcoin in which it drops by more than a half of its market value until today market value continue to drop and theres no signs of recovering and even experts did provide their prediction.
member
Activity: 266
Merit: 10
June 09, 2018, 06:29:20 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.
well in my own opinion he is not a bitcoin user like us. so he dont have knowledge about this he was like a reporter or a newscaster that go on the field and dont know what happen.
full member
Activity: 406
Merit: 100
June 09, 2018, 06:23:15 AM
Btc value is not stable and fluctuates due to its high volatility and also strength that it has to move over and above any other crypto currency. I can only say that long term investment will give good returns and I can also mention that it's better than short term. Btc would reach new highs soon breaking its previous highs and set some new milestones.
newbie
Activity: 59
Merit: 0
June 09, 2018, 06:16:30 AM
Bitcoin have value because people agree to have bitcoin also bitcoin needs people and people needs bitcoin. The give and take flows is the best that gives bitcoin value because people have value that can gives to bitcoin. While there are people bitcoin remain.
member
Activity: 221
Merit: 10
June 09, 2018, 06:10:37 AM
In the case of currency whether it is fiat or digital everything has its own value but the differencee is one is quite stable and another is unstable.
jr. member
Activity: 224
Merit: 1
June 09, 2018, 06:00:19 AM
We cannot determine the value of the Bitcoin, because it is very volatile. As days goes by, it will increase or decrease because of the users of the Bitcoin. It only runs in the thought of the demand and supply that affects its price.
newbie
Activity: 24
Merit: 0
June 09, 2018, 04:49:54 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.
newbie
Activity: 51
Merit: 0
June 09, 2018, 03:33:43 AM
Bitcoin has a great value now in the world. This is because it is in high demand. It also have a high price per coin than even gold. Its market cap is undeniably huge - $167 billion (coinmarketcap.com). BITCOIN is a utility which has not been in stock for long but has been able to make such impacts.
newbie
Activity: 82
Merit: 0
June 09, 2018, 03:30:12 AM
Bitcoin's value is not stable it always moving from high to low and low to high.
full member
Activity: 531
Merit: 102
June 09, 2018, 03:10:55 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 price is very unstable and most of the time it change. If you see the trend of bitcoin price in the market cap the value of it is goin ups and down pedend on the volume circulating in the market.
member
Activity: 154
Merit: 10
OPEN GAMING PLATFORM
June 09, 2018, 03:07:41 AM
Of course, all agree that the bitcoin has the value because it really is!
Directly today the technology of a blockchain is inserted everywhere. Provide, invented the engine and insert it from teapots and double boilers to cars everywhere. Where will he get accustomed more?
Soon experiments with a blockchain will end when find for it good application and then we will already precisely see all advantage of technology, so and bitcoin
newbie
Activity: 364
Merit: 0
June 09, 2018, 03:00:37 AM
Think of early age of the world when people exchange one thing for another one. At that time the value of gold was not so much to them. They just search their daily livelihood all day long. Food was most valuable thing to them at that stage. Later when the coin age come then people purchase everything with the exchange of coin. And later the physical money or fiat currency come. So, the world is changing. The system of exchange also changing. At the early stage what was value less now that is more valuable. Now the world become digital. People like to use digital money or e-cash. That is why the crypto currency become more popular and valuable. Now it’s value is determined on its demand and supply.
member
Activity: 266
Merit: 33
June 09, 2018, 02:54:30 AM
See, bitcoin started to boom when people believed it has a value
What makes a currency, a fiat money, gold or any other things valuable.
One thing, belief.
The belief that the thing has a value. At the very first of human history they see gold for accessories only but today they see it as money.
Believing in a thing that it has a value will make that thing valuable hehe
full member
Activity: 392
Merit: 101
June 09, 2018, 02:50:10 AM
Bitcoin is ahead in terms of money in the current market. At present, how much is the price of Bitcoin, it is understood to be of interest to people, and for the people of danger, the price of Bitcoin is more.
A good opinion and I like your opinion.
Yes it is true what you are saying is that bitcoin is superior in any case both in price and in terms of popularity bitcoin market is always above the coin coins Even bitcoin difficult to be matched by anyone in the advantages and advantages.
full member
Activity: 630
Merit: 100
June 09, 2018, 02:43:15 AM
Bitcoin value was really bases on people think. The community who was decide to put what price is the best for bitcoin. If the community think it has no value anymore. Bitcoi. Surely will dead right now.
jr. member
Activity: 266
Merit: 4
CurioInvest [IEO Live]
June 09, 2018, 02:38:37 AM
Bitcoin has been one of the revolutionary technological invention of our time and it draws its value from many factors which come to play. The most common ones are the governmental regulations which can sometimes cause FUD in the people and devalue Bitcoin on the market, and the actors on the market, thus, sellers and buyers are also major determinants of the value of Bitcoin in terms of how willing they are to sell and buy at a certain high and low price.
sr. member
Activity: 1036
Merit: 329
June 09, 2018, 02:30:00 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.
and there is a such advance way of how are you able to use coins this currency because the technology are upgrade and more people are may have to based on this kind of transaction bitcoin value are pretty good on.
full member
Activity: 301
Merit: 100
June 09, 2018, 02:28:59 AM
I think every real currency has its own value. However, with Bitcoin, there will be no limit to it. Therefore, it always changes value depending on the market as well as its development team
full member
Activity: 392
Merit: 100
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.
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