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Topic: Bitcoin value - page 37. (Read 3456 times)

sr. member
Activity: 574
Merit: 253
May 26, 2018, 10:28:43 AM
The interesting thing about bitcoin is its pure value from the market (decentralization), with this concept of course making a lot of people take advantage when prices go up or down, with increasing number of users it will automatically make bitcoin value keep increasing.
full member
Activity: 616
Merit: 100
FRX: Ferocious Alpha
May 26, 2018, 10:26:51 AM
Bitcoin has value as long as people believe in it because if not they wouldn't dare to accept, use and even invest in it, let just say its just a digital currency without impact to us and because people learn to value it and make profit from it proven by what they've earned and use it they become believer to it and so for them bitcoin has value.
newbie
Activity: 32
Merit: 0
May 26, 2018, 10:12:26 AM
Money to me dose not add value in it's own except  people add value to it or manipulate the price in other for it to add value when spending
full member
Activity: 263
Merit: 100
May 26, 2018, 10:01:52 AM
It is partly true, but we should not be worried about this because it wasnt me agreeing, I can buy and sell bitcoin still
member
Activity: 210
Merit: 10
May 26, 2018, 06:34:10 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.
Bitcoin value now is very low, and everybody still patiently waiting that it became higher. Thats why their are a lot buy bitcoin and hold it.

Right now, one thing is for sure, Bitcoin value right now is very low and patiently waiting until the time will come that bitcoin price will became high. Many people really do believe bitcoins work thats why they are still buy a bitcoin and hold this until they can sell it in a higher price.
newbie
Activity: 27
Merit: 0
May 26, 2018, 05:51:45 AM
That also means that its price all depends on the way its users and investors move their Bitcoins 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.
hero member
Activity: 994
Merit: 504
May 26, 2018, 05:50:58 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.

Yes, I agree with that dude since we people around it is making it valuable. That is why Bitcoin will be here forever if people will still be using it..
jr. member
Activity: 53
Merit: 14
May 26, 2018, 05:47:35 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 faced a lot of problems and obstacles before it was able to make it here on the top right now. A lot of people even doubted bitcoin on becoming successful. This is what impresses me the most, the ability of bitcoin to surpass all the obstacles that hinders its way on its way to the top. I am amazed to see bitcoin surviving for so long and staying on top.
newbie
Activity: 129
Merit: 0
May 26, 2018, 05:43:41 AM
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
member
Activity: 378
Merit: 10
May 26, 2018, 05:35:22 AM
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.

I agree with you! but do not forget that there are very large players who can raise or hurt the hold when they want! Whales all over the world constantly change course when it is profitable for them! but if you look at a long time, bitcoin in any case will always be in demand and will be valuable! and accordingly its standing will be high!
newbie
Activity: 140
Merit: 0
May 26, 2018, 05:10:00 AM
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.
sr. member
Activity: 1638
Merit: 300
May 25, 2018, 11:36:01 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.
newbie
Activity: 168
Merit: 0
May 25, 2018, 11:30:46 PM
Many people agree that bitcoin has a value.I think that this indicates the popularity of bitcoin as much people love it the value of bitcoin will increases.The reduction in prices is normal and the value of bitcoin is currently down lower than last year but bitcoin can still rise again because bitcoin is still believed to be the main currency in the crypto.
full member
Activity: 323
Merit: 100
May 25, 2018, 11:17:51 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 bitcoin for me is very important. The bitcoin is part of my life now, because if without bitcoin my life are like a trash. The bitcoin gives me a chance to live comfortable and to help my family in their daily needs or daily expenses. I want to earn more to help other people in their financial problems like the charity. I want to give some money to charity for those children who have not a parents.
newbie
Activity: 98
Merit: 0
May 25, 2018, 08:24:12 PM
Bitcoin value is sometime increase sometime decrease that's what I know about bitcoin value.
full member
Activity: 238
Merit: 101
May 25, 2018, 08:21:10 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.
Bitcoin value now is very low, and everybody still patiently waiting that it became higher. Thats why their are a lot buy bitcoin and hold it.
member
Activity: 560
Merit: 10
YOUC - www.youengine.io
May 25, 2018, 08:19:06 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.

No, it is not just an agreement of peoples. Bitcoin has great value because it has limited coins.
Peoples sell, and other buy. And the buyer sell again but with higher price. And this is repeating, causing bitcoin price increase over time
full member
Activity: 420
Merit: 100
May 25, 2018, 04:41:59 PM
Bitcoin is blockchain based decentralized cryptocurrency this is used in all around the world some countries ban but most of the developed countries are working on this technology bitcoin is limited in quality and because of its new technology world is hungry to get it because a lot of big brands are accepting big business mans are holding and that is why their value is increasing day by day,
jr. member
Activity: 224
Merit: 9
May 22, 2018, 05:39:28 AM
What a stupid phrase... people agree that it has value also with dollars or every single thing in this world. If not even a single person would spend 1000$ for an iphone, surely the iphone would not value $1000.
If some people are ok to spend $1000 for a phone then this is its value. If some person would spend 1.000.000$ for 1 single bitcoin, then Bitcoin will worth 1m$. Simple as that.
newbie
Activity: 40
Merit: 0
May 22, 2018, 05:29:06 AM
i think bitcoin value is not permanent it goes up and down not just like a paper money it's value it stable
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