Topic: Bitcoin value - page 33. (Read 3451 times)
yes the value of bitcoin can not remain like paper money only, and its nature is up and down it is because it is influenced by the demand to sell and buy. if the bitcoin value is fixed then you will not get a profit because no one is doing the selling and buying
Basically that is true, bitcoin has its value because people believes thats the value of bitcoin, thats why bitcoin has this huge value because they have trust in it
No can say if bitcoin can stay forever. Bitcoin dont have a fix value that like a real money. Sometimes it get high value sometimes its decrease the value.
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.
bitcoin has high value because the supply is only 21 million. Peoples keep buy and selling with higher price.
at the end, bitcoin price will be far high because always sell above the buying price. No wonder that bitcoin price has plummeted.
As I type now, bitcoin is around $7K, but the price is always unstable, If you posses some BTC coins, the value may rise very high or decrease.
bitcoin has become the subject of value and collectibles. The more people in the world are lighting up the idea of getting bitcoin, the higher is his property.
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.
But everything that is consider as money only has a value because a significant number of people agree it has. Not just bitcoin. Not just any other cryptocurrency. Every currency and every centavo of any fiat or cryptos. It is indeed a collective consensus and our job is to make cryptocurrency more accepted by encouraging new members in this community.
Btc is the most valuable currency if to compare it with any other one that exists today. As for me, btc is the most valuable one that is worth attention of traders who want to earn money. the best strategy at the moment is holding
Bitcoin is rightly considered the digital gold. I have read about btc recently and some forecast of experts say that it will become more powerful till the end of the year or maybe in the beginning of 2019
Bitcoin is pulsing quite fast in price and it is also quite unstable compared to its competitors. At this point, he loses n yet he remains with a very high price so many are invested.
It has value its because it's used by a lot of people, so when something has become popular and easy to use it becomes valuable.
We can not predict the bitcoin value, Bitcoin have great future and if you are mining bitcoin it will be depends upon your electricity charges and computer hard disk, I think the better way to invest buy bitcoin from exchange and keep it in wallet, 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
in a way it is true, bitcoin has a value because people agree it has a value. also another important factor that influences the price of bitcoin is demand and supply..normally when demand is high, surely price pumps up.
Either supply and demand provides the value or the electricity spent creating a Bitcoin. Pick or choose but you do have a way of determining value, and those are two of the most prominent ways, there are other ways to determine value as well.
I believe the people in the cryptocurrency community were actually the ones put value on bitcoin. However, due to it's volatility, bitcoin is susceptible to fluctuations either be going up trend or down trend. In my opinion, due to high demand and limited circulating supply of bitcoin makes it more valuable. Bitcoin have different value all the time and not only bitcoin different coins have value. Bitcoin price are down and up every second so the value of bitcoin is not permanent its gonna be up and down.
Just like John oliver said bitcoin has value because agree that it has value and the more people believe it has value the more buy into it which will only increase its value,which is simple logic.
Statistics of earlier of 2017 and end of 2017 and now. All these proves its value is increasing in a great progress. Its value is much more than any metal or any fiat currency. It is in the top of all crypto currency and in the view of value , it is in the top of all metal and currencies.
benarkah bitcoin bisa sampai ke 5K ditahun 2019 admin
That is why the price is so unstable, it is very dependent on investors. And I don't know if bitcoin is backed by anything else.
Bitcoin is not backed by anything like fiat currencies but the main difference of bitcoin with fiat has to do with the limit of the coins, governments can print as much fiat as they want but with bitcoin this is simply not possible and in fact the rate at which miners can create bitcoins is diminishing thanks to the halving implemented by satoshi in bitcoin, this makes bitcoin a lot better than fiat. 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.
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".
For those people who have bitcoin it give value because Bitcoin can help their needs of our children because they can give and earn more profit and used for the future.
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