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Topic: Bitcoin value - page 21. (Read 3451 times)

sr. member
Activity: 728
Merit: 251
June 09, 2018, 02:21:37 AM
Bitcoin's current value is still pretty good because it can still survive at $ 7K, I see the market price is quite stable because the value of other coins does not fall drastic. I am sure if in the next year Bitcoin's value will be high and other coins will be have high value too.
member
Activity: 756
Merit: 12
June 09, 2018, 02:21:07 AM
I think what he said is true and based on fact. We know that fiat money acctually dont have value but we accept it because trust on our government. Bitcoin have a value because peoples want to trade it and give a value on it. Bitcoin value is depending on user and community
newbie
Activity: 196
Merit: 0
June 09, 2018, 01:45:07 AM
the value of bitcoin is currently stable and high value.
jr. member
Activity: 118
Merit: 1
June 09, 2018, 01:33:37 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 are all aware that  bitcoin value is not permanent it goes up and down not just like a paper money it's value are stable.
full member
Activity: 582
Merit: 101
June 09, 2018, 01:20:31 AM
The bitcoin value is now falling or falling again. If I see in the year 2017 bitcoin prices once fell as if going free fall. If compared with the rising prices are little by little. But it all depends on the Ki kag. if we are clever we will definitely benefit
full member
Activity: 384
Merit: 100
June 09, 2018, 01:15:43 AM
The value of bitcoin may be very volatile or fluctuating. This is certainly very risky because it is difficult to predict, but sometimes this becomes a place to earn a lot of profits because it can increase quickly. We know that bitcoin values sometimes depend on the number of requests. So that's my opinion.
newbie
Activity: 27
Merit: 0
June 09, 2018, 01:06:41 AM
bitcoin has a very high value in the market because it uses bitcoin to be sold and bought. Because the value of bitcoin is now rising very high in the market, so some around the world use bitcoin to help the economic problems in the family
full member
Activity: 784
Merit: 112
June 09, 2018, 12:29:09 AM
The bitcoin have value in the market because of the people in community who are using bitcoin they are going to sell and buy. Most of the people around the world are holding bitcoin because of this limited of volume in the market now the bitcoin increasing the value in the market.
member
Activity: 97
Merit: 10
June 09, 2018, 12:24:28 AM
just as I was just using crypto and I was confused what I should do but I always understand about crypto and learn to people who first know crypto so if you do not really understand about crypto you should learn first with people who first crypto
full member
Activity: 532
Merit: 132
June 09, 2018, 12:23:56 AM
Value of the bitcoin depends on beliefs from people. It can go down drasticly and then again explode
That's really right. Bitcoin value is always fluctuating based on the beliefs of people. I am sure if in the future the bitcoin community will be more huge than now, bitcoin value will be also very high compared to this moment. I am sure that the potential of bitcoin is too huge, I hope that the price goes to 20k$ level by the end of 2018.
member
Activity: 361
Merit: 17
June 09, 2018, 12:14:50 AM
Value! Bitcoin is in the top of all crypto curriencies. Its value is  now more than gold. Want of bitcoin or investment on it makes it more valuable. People and  companies are excepting it. So, I do believe  that its value is now in very good position, and in future it will increase more.
Bitcoin had value because people wanted to have and used it as currency. The value depends on the demand of people which makes it more volatile and give chance to other to buy in much lower price and make lose of profit to those who invest when the price was high which do not benefit today and need to wait for more increase even it takes long time.
People are more likely to invest their capital,time,mind ..to enter the job which could bring them utility. Bitcoin is just like a big market, people are free to choose for investing, trading and that kind of thing. Generally, people have a major influence on bitcoin value, because as you know that bitcoin price is notoriously volatile, and probably bitcoin value is high when the demand and supply are both increasing, also if the supply and demand drop, so does the value.
newbie
Activity: 109
Merit: 0
June 08, 2018, 11:41:42 PM
Value of the bitcoin depends on beliefs from people. It can go down drasticly and then again explode
full member
Activity: 406
Merit: 105
June 08, 2018, 11:28:50 PM
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




I think What scares people most is that btc has no issuing authority. They feel unprotected to use it. But so far btc has proven itself tough.
In the end, 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 btc is who supports what.
Which only show to us the incredible ignorance of people around the world, gold the best currency we had before bitcoin is also not issued by anyone it is just a natural element that is perfect to create a currency and yet people have divorced themselves from reality so much that they do not understand how a currency works if they did they will ditch fiat and adopt bitcoin instead.

Some people are closed minded enough to accept this and really don't have plans to accept cryptocurrencies as they are afraid of losing and maybe lazy to discover new things like this.
newbie
Activity: 60
Merit: 0
June 08, 2018, 11:24:59 PM
The value of bitcoin will keep appreciating as far as there are more people adopting it. The fact that it operates on a decentralized platforms makes it more valuable.
newbie
Activity: 77
Merit: 0
June 08, 2018, 11:20:25 PM
I think Bitcoin is worth it, it has more meaning. Its value is now great value, with huge profits.
newbie
Activity: 123
Merit: 0
June 08, 2018, 04:31:21 PM
As the bitcoin is becoming more famous and popular day by day and the demand is going higher as the demand is increasing and the more people are investing their money in the bitcoin the is obviously increasing and use it as a benefit for them.
member
Activity: 154
Merit: 10
June 08, 2018, 04:30:28 PM
Bitcoin has a fluctuating property that can not be predicted nominal price. This can be slightly overcome by creating a good strategy in trading bitcoin so that we will become profitable
member
Activity: 178
Merit: 10
June 08, 2018, 04:03:28 PM
Bitcoin have different value all the time and not only bitcoin different coins have value. Bitcoin price are down and up every second, Bitcoin's market trading is very manipulated because now days more peoples are interesting in bitcoin, value can change every time, so bitcoin is good value
jr. member
Activity: 182
Merit: 1
June 08, 2018, 04:02:37 PM
Telling the exact value of bitcoin seems to be very cumbersome due to its volatile nature. The value of bitcoin keeps on changing making it difficult to predict or give an accurate value. Almost everyday there is a significant fluctuation in bitcoin value. The price of bitcoin might be at a certain value this time around then at a point in time, there will be a fall in value. This issue of bitcoin keeps going thereby making it difficult to know the exact value of bitcoin.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
June 08, 2018, 02:24:13 PM
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




I think What scares people most is that btc has no issuing authority. They feel unprotected to use it. But so far btc has proven itself tough.
In the end, 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 btc is who supports what.
Which only show to us the incredible ignorance of people around the world, gold the best currency we had before bitcoin is also not issued by anyone it is just a natural element that is perfect to create a currency and yet people have divorced themselves from reality so much that they do not understand how a currency works if they did they will ditch fiat and adopt bitcoin instead.
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