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Topic: Bitcoin value - page 3. (Read 3451 times)

newbie
Activity: 69
Merit: 0
July 11, 2018, 10:02:51 PM
it's true nature is the name of everything change. similarly bitcoin value is also hanging with the profit & loss market.As much as i believed bitcoin value will go up to the moon because nowadays their are many investors came. It will exist no matter what because of its popularity.
sr. member
Activity: 1036
Merit: 329
July 11, 2018, 09:26:30 PM
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.
well you are right cause there is any type of how are we valuing this currency like we can be able to value it based on how can it benefited our needs , and as long as it increase also the value may ever change too.
copper member
Activity: 490
Merit: 2
July 11, 2018, 09:18:46 PM
Bitcoin value is sometime increase sometime decrease that's what I know about bitcoin value.

Digital currencies are decentralized, that means no company or other third party are controlling or managing it.

That also means that its price all depends on the way its users and investors move their Bitcoins. The reason Bitcoin and a lot of other digital currencies are volatile, because no one controls it and manage its price movements and also the reason a lot of people are hoping and relying on the movement of it.

Very well explained. I totally agree with you. The trust that BITCOIN and other cryptocurrencies have built amongst the users is due to the fact that no third person is controlling it.
newbie
Activity: 79
Merit: 0
July 11, 2018, 07:59:10 PM
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 not that simple but like everything in the world, all bought and sold in the market are given value by the law of supply and demand. It is the market that decides if something has value and how much.

A good example is gold. The value it has today is because of the price the people are willing to buy it for. But trap those same people in a desert and sell them water or gold, then I believe water would be more in demand, making it more "valuable".

Bitcoin struggle a poor value this past few months, although now its starting to climb back but its not enough because its still consider a low value after it reached $20k last year.
sr. member
Activity: 1036
Merit: 281
July 11, 2018, 07:28:59 PM
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.
member
Activity: 63
Merit: 10
July 11, 2018, 07:26:43 PM
I hope value of bitcoin will increase, because in this year im in big minus, need some good days.
jr. member
Activity: 210
Merit: 1
July 11, 2018, 07:22:38 PM
This is the real bitcoin value to investors here and it's important for everyone because bitcoin has a deal of those who want to use a crypto bitcoin, and so far the bitcoin's value for care is important even if it's fallen price because everyone is looking forward to raising its bitcoin value. and it's a great day to make a sale and become an investor.
newbie
Activity: 14
Merit: 0
July 11, 2018, 01:34:42 AM
End of 2018 bitcoin price upto 25k$
member
Activity: 756
Merit: 12
July 11, 2018, 01:23:50 AM
now bitcoin is down, you do not have to worry too much, because bitcoin is fluctuating, can go up and down at any time. so even though now the bitcoin has decreased, surely in the next few weeks there will be an increase.
Yes we dont need to worry everytime bitcoin dump. Because still it will go up after that, remember that bitcoin was volatile. The value of bitcoin was somehow good especially when it was pumping. When it was decreasing just learn to wait and be patient so that you may get profit once it was recover its price again.

Bitcoin fluctuation always happen in years ago and its go stronger than before. Bitcoin value depending on supply and demand and trust from community. More peoples investing their money bitcoin can make bitcoin more valuable. Its need long time but I believe bitcoin is good long term investment
sr. member
Activity: 679
Merit: 254
July 11, 2018, 12:51:10 AM
Maybe it's true bitcoin can have value because many people agree with bitcoin and they also confine bitcoin, but I think bitcoin can have value because many people use bitcoin as an investment so in my opinion bitcoin can have value because there are many investors out there who rely on bitcoin to launder their money in just how many years
full member
Activity: 392
Merit: 101
July 11, 2018, 12:31:06 AM
we are not desperate to see the value of bitcoin is lower than the low price we invest and when the new high price we sell .
A very brilliant idea and I like the way you think.
As long as we believe in bitcoin then there is a way to see the results we want even though the bitcoin values are accordingly but I am sure the bitcoin value is immediately stable so to invest too we are more calm if the value of bitcoin start high because I believe bitcoin will not betray the trust of people because between bitcoin with people want to help each other.
newbie
Activity: 74
Merit: 0
July 11, 2018, 12:28:57 AM
Eventually, everything has esteem since individuals concur so. The same is valid for fiat. As a general rule fiat is just a bit of paper and we as a whole concur it has esteem. 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.
newbie
Activity: 18
Merit: 0
July 11, 2018, 12:26:40 AM
Bitcoin values is not constant the value changes per sec. hr. day. It is hard to predict the value of bitcoin.
full member
Activity: 770
Merit: 102
July 11, 2018, 12:22:17 AM
We need to agree first that bitcoin has value, because that is what is important for us to know together. But we must remember that the value of bitcoin may change at any time depending on certain circumstances, usually changes in value are influenced against the growing political temperature in a country, economic factors and so forth. Whatever it is we are always hoping bitcoin will still have the highest value in cryptocurrency, so bitcoin will always lead the market in the world of cryptocurrency.
member
Activity: 182
Merit: 10
www.daxico.com
July 11, 2018, 12:11:18 AM
unlimited bitcoin value, bitcoin income like gold, we have to work really hard let us get a lot income in this forum,I love forum bitcoin
newbie
Activity: 23
Merit: 0
July 11, 2018, 12:05:42 AM
bitcoin prices are now unstable. it is falling, I fear will lose money investment.  Sad
newbie
Activity: 63
Merit: 0
July 10, 2018, 11:44:00 PM
Indeed, bitcoin prices have never stabilized. The Bitcoin price depends on the demand and supply of the user, while bitcoin costs depend on ICO projects and the competition with other cryptocurrency.
newbie
Activity: 22
Merit: 0
July 10, 2018, 11:26:20 PM
11.07.2018 6:54 6329$
hero member
Activity: 650
Merit: 500
July 10, 2018, 11:18:03 PM
The most important value that it has, is the value that the community think that it's worth it. I think that bitcoin is a huge tool for the next few years, and it will be one.
member
Activity: 742
Merit: 21
Be the reason someone smiles today
July 10, 2018, 11:12:09 PM
Bitcon's value is driven by demand and offer. As crypto is a free market, the price will fluctuate often according to this 2 factors.

However, the Btc total supply is very limited (never more than 21 m), so the price has big chances to raise significantly over the time.
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