It is very clear that the bitcoins value is quite low right now which is why everyone is patiently waiting for it to increase by the end of this year. However, nobody doubts that the bitcoin will bring them profit in the long run.
I don't feel the value that you mentioned is the same as the OP mentioned. Somehow your referrals are about the price of bitcoin. But I think what the OP would say is about how people look about bitcoin. How people's perspective when hearing bitcoin, in this case is a general perspective of the audience about the bitcoin itself. People would get what they deserve, it's the same as bitcoin as well.
Topic: Bitcoin value - page 26. (Read 3453 times)
because the bitcoin is universally different from the USD example which is the currency of one of the only countries namely America. This universal nature makes the bitcoin exchange rate stable and the same for all countries.
In what place are Bitcoin rates stable?
It's has always been volatile more or less, USD is also iniversal, eve much more than BTC now.
But I can't really argue that it's price, though fluctuating, is much more objective, honest and mostly depends on the users, and not some state or other single actor
The value of bitcoin has seen significant losses over the last week, following a period of relative stability and I believe that it will again rise up again.
because the bitcoin is universally different from the USD example which is the currency of one of the only countries namely America. This universal nature makes the bitcoin exchange rate stable and the same for all countries.
Bitcoin value are like bubbles, It is highly volatile, It will burst out in an instant. It is risky to invest, but i know all of us love challenges, We have to face the risk in order to achieved our desire to become rich. Bitcoin has the capacity to change our life. We already witness how bitcoins works, and today is another chance to go up once again:)
Everyone, through market forces of supply and demand in international liquid market that operate around the clock. A fundamental difference between Bitcoin. Is that trading never ceases, it has been continuous for 7 years.The separation between state and money is a good idea.
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.
" 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 all know that the of bitcoin is very volatile and there's a changes time by time. Bitcoin value is unpredictable we don't know what happen tomorrow when it goes down or up it is very unstable and risky.
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.
" 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 bitcoin changes every time, bitcoin value is very unstable, sometimes its value increases and sometimes decreases. It is very difficult to predict bitcoin, but I believe that in the long run bitcoin will be able to increase higher.
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
We have agreed upon a value for bitcoin, just like any other typical currency. It depends on the user of bitcoin on how it will be supply to the people and also demand can affect the price of the so called bitcoin.
It is very clear that the bitcoins value is quite low right now which is why everyone is patiently waiting for it to increase by the end of this year. However, nobody doubts that the bitcoin will bring them profit in the long run.
I don't feel the value that you mentioned is the same as the OP mentioned. Somehow your referrals are about the price of bitcoin. But I think what the OP would say is about how people look about bitcoin. How people's perspective when hearing bitcoin, in this case is a general perspective of the audience about the bitcoin itself. People would get what they deserve, it's the same as bitcoin as well.
From my personal point of view, the value of Bitcoin fluctuates or decreases unpredictably. For the most part, the Bitcoin exchange rate is reduced by the impact of global economic, social and political information. If there are no special changes, the exchange rate of Bitcoin will increase. Price fluctuations of bitcoin are also influenced by supply and demand.
it's the same thing when you have gold jewelry ... the purpose we buy it is so that we can sell it later in the day when we need money or need other living allowance, that's the bitcoin value in my eyes I consider it valuable because it can be resold
Bitcoin can be of high value and low depending on enthusiasts investing in bitcoin as early releases of bitcoin have not been priced but many believe in bitcoin the price began to rise up to now
the benefit of thing relies upon how the incentive for everything in light of the fact that individuals concur so,the same is valid for fiat...in reality fiat is just a bit of paper and we as a whole concur it has value,the just distinction amongst fiat and btc is who backs what. What alarms individuals the most is that btc has no issuing authority...they feel unprotected utilizing it however so far btc has turned out to be formidable....
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
Bitcoin has value because people think it has value and will have even more value in future. The problem is bitcoin is not really suited for transactions, it has very high fees and is super slow and will not scale well. That's why many people suggested it has store of value and call it the "virtual gold". I see a fundamental problem with this. Most likely there will be a time in the future where even mainstream people realize that some other currency is much better for transactions (LTC, XPR, Facecoin or whatever new currency) because it was adopted by Amazon, Facebook, Google etc... and Bitcoin is obsolete technology and useless in most aspects. When that time comes BTC will lose its value. As for now most mainstream newbies do not understand or know anything about this, so that's why we see high value of Bitcoin
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.
" 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.
Exactly, bitcoin has value because people agree that bitcoin has value. and more people agree and try to have bitcoin, and the more people who believe in bitcoin, the higher the bitcoin value. And vice versa if people already do not trust bitcoin and few people want to have bitcoin, then bitcoin value will be low.
In every currency or commodity they have a great value in feeling because people give high value. Why do people want to use a small piece of paper to buy a cup of coffee imported from a coffee shop? The reason is so simple that people believe that a piece of paper is supported by the government to guarantee its value. Thanks
Bitcoin yes is in fact has an agreed value. Bitcoin has high demand that's why its high in value. This is also applicable to the supply and demand. Bitcoin has a cap and therefore is limited that's why Bitcoin is priced high right now because its limited and the demand its high. People agreed to it and people are willing to buy Bitcoin at its price.
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