Bitcoin value - page 38. | Bitcointalksearch.org

SnapDown22

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Activity: 714

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Quote from: the maker on April 01, 2018, 12:25:02 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.

value and price bitcoin it depends on the investor itself is not the government or the state that regulate the value of the buying and selling market affect the value and price bitcoin maybe that I think

mummybtc

hero member

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I think hat he said is very true, if you have a corn or plant a corn, a buyer must be willing to exchange it for a value inother for you to have something valuable in exchange for this, this happens to fiat currencies also, but coupled with that he didn't move on to the next point which is that BTC deflaotry which makes it more valuable than Fiat currencies, Fiat is inflatory a good example is Zimbabwe Dollar is a very good which BTC is not

tungaqhd

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Quote from: the maker on April 01, 2018, 12:25:02 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.

I think that's right. People believe it has value because they can see its advantages and future.
So the more people buy it, the higher price is.

MMS2017

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It is true that if a person have crypto and he is willing to hold because it has a good value to me then with this mind set of every one bitcoin is highly valuable and if we look at the usage bitcoin is very convenient for every one who is working online or who is investors and traders bitcoin is valuable to every one.

derihendra

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Activity: 327

Merit: 15

Quote from: the maker on April 01, 2018, 12:25:02 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.

the current bitcoin price is not declining, in my opinion, the price of bitcoin is currently cheap, because, bitcoin soon becomes a rare crypto, bitcoin is only available 21 million, for that, bitcoin prices will continue to rise Grin

viboracecata

legendary

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Varanida : Fair & Transparent Digital Ecosystem

Now we should call cryptocurrencies value

ABYOO

newbie

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We did not expect virtual currency to have a big value. In my thought, Bitcoin will give us a new challenge and ir will create new opportunities.
Although it is not yet institutionally prepared, it is expected that the value will be much bigger than it is now, if the system is prepared and Block Chain technology develops.

elbimbo012

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Activity: 476

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Quote from: the maker on April 01, 2018, 12:25:02 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.

He is absolutely correct buyers and sellers dictate how much price will bitcoin is. that is why if you look at trading chart bitcoin price are not stable since buyers and sellers are the one setting price and once agreed trading transaction is closed. as long as there is demand and supply bitcoin would generate a price

gaurav82

newbie

Activity: 238

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In world every thing has value. Value decide by its demand and supply. Value can be different of same kind of product. Like gold and silver. Both are metal. Gold have much value and silver has less value. This is depends on demand and supply. Bitcoin has limited supply and its demand is more accross the world. So it has much value. But value is not permanent everytime. This can rise or fall till zero.

guffie

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Activity: 546

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Quote from: the maker on April 01, 2018, 12:25:02 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.

You do not have to worry and be afraid of the development and value of Bitcoin. Although Bitcoin often touches low prices Bitcoin never dies and even always rises from low prices. So Bitcoin is still very valuable and still very worthy of you hold for a long time.

Liternyy

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"Bitcoin is now the most reliable option for storing funds in the crypto currency, which explains why investors and enterprising people are eager to make money on changes in the exchange rate of this currency, which also ensures its growth at the moment"

hurriebra49

member

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Bitcoin is more effective and most value able decentralized currency and it is the first great demand able digital currency that is peoples agree to take participation in this currency and have a great thinking about bitcoin value,

Cliparts

newbie

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Quote from: Elips1 on May 18, 2018, 07:23:59 AM

Quote from: the maker on April 01, 2018, 12:25:02 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.

,,,It's impossible to gain a profit if we don't have any amount, time and effort for the investments, That's why we learn more on how to earn money from crypto currency through buying and selling it. Because bitcoin's value is like a dollar sometimes its price become high or low.

Well you are right bitcoin is the best source of making money but I am bit disagree with you for saying bitcoin is not giving profit for those who don’t have money, I better know how to make money from bitcoin even when I have nothing to invest, I spend my spare time at bitcoin as I have joined signature campaign and bounty campaign for free earning with bitcoin so I am a huge supporter of bitcoin it gives me income and money even if I don’t have money to invest as bitcoin has a lot of value for free earning as well

Mazda17

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Activity: 392

Merit: 101

Quote from: simpleholmes on May 02, 2018, 10:09:54 AM

if people accept to sell, work and buy something with a currency that means they are giving value to it, if they would not live or accept to work for money or any other asset it means in simplest way that they don`t value it.

A good opinion and I like your opinion.
Something of value will feel appreciated by anyone, whether for purchase or sale because I believe the value of bitcoin and currency are valuable will always be in use for their needs

sungaiyangderas

member

Activity: 158

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Each currency or commodity has a perceived value, because people value it, In Bitcoin one can use tokens to transfer value globally, because tokens have a perceived value that is determined by supply and demand on the open market.

keziakusayang

full member

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the bitcoin value is so erratic that it is the market that determines the price, with the limited number of bitcoins of only 21 million pieces I think in the future bitcoin will be very expensive and valuable because of the limitations of the amount.

Olga1111

newbie

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Bitcoin has created its value. People take it very positively. Now they can invest in bitcoin and get some profit.

cryptogideon19

member

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It just needs to change the BTC's value. In many quantities Altcoins now need to change. And also for the HEALTH of MARKET to work better to make the world of Crypto even better. Here is my opinion, my own opinion.

BChydro

hero member

Activity: 1426

Merit: 506

Quote from: the maker on April 01, 2018, 12:25:02 AM

" 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 main difference between a centralized fiat currency and bitcoin is that, fiat valuation is done by the government and the central bank where as the value of a decentralized coin is agreed by the users, right now it is a speculative coin and we need to use this as a currency to have a wider adaptation.

jmiro1

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Activity: 235

Merit: 11

He can't be more right about it. The value of different things are different from person to person. After eating 5 ice cream, another ice cream would have a lesser valuable to me than to you (if that is your first one). Only a currency have the same value for everyone (in a particular region). Bitcoin is something you have but you don't possess. If you have a lot of BTC then you are rich to a person who believes in crypto currency. But you are nothing to a person who thinks Bitcoin is a joke.

Topic: Bitcoin value - page 38. (Read 3456 times)