Topic: Bitcoin value - page 39. (Read 3451 times)
bitcoin value or bitcoin price it's not permanent bro, someday it will grow up and some day it will going down.
of course bitcoin has bitcoin price moving up and down is very normal because bitcoin has a very high demand and because of very high demand bitcoin can also have a very high selling price.
The real value of Bitcoin is not reflected in the price. It lies in usefulness, convenience. It's also where you want to get Bitcoins. No organization can intervene and control. So the real value should be reflected in the security in the purchase and payment.
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 value because Bitcoin is brilliant. Bitcoin is able to transform the Internet from a data transfer system into a value transfer system, a very cheap Bitcoin transaction cost even close to 0, giving users more benefits when compared to a credit card transaction cost of 5% of the total money spent, for bitcoin.
I think about the value of bitcoin. bitcoin value is the same as the value of the stock market in general. but bitcoin is a digital currency that we can use for trading tools as a substitute for conventional money. functionally but only digitally and the value of this currency may change like share. and bitcoin currencies are more likely to invest because of their unstable price.
But now is price still very high.
bitcoin will always have a high price, because now many investors increasingly believe in cryptocurrency and the openness of customer data. moreover plus the reduced issue of negative issues and false news about bitcoin surely the price will continue to rise.
For me bitcoin value won't stop to rise in the future business lifespan of bitcoin in crypto world. There is no such thing like bitcoin in this world the value won't denied. For me it will remain in crypto as the all time high value coin now and in the future.
But now is price still very high.
Bitcoin is the most valuable cryptocurrency in today's date.Bitcoin is the best option for investment purposes as it gives use amount of profit returns.
Aside from the benefits and advantages of the bitcoin. The bitcoin value is unpredictable or volatile we really dont know when will it rise or fall. The supply and demand affects the bitcoin price.
Bitcoin is good and the value is good at present time and with the bitcoin usage the demand will rise and we hope that bitcoin value will double in the coming months. i hope that the investors will increase investment in the crypto market.
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's true. Fundamental reason why gold has value is because people agree that it has a value. One of the biggest problems today is that people know the price of everything, but they don't know their real value. What determine the price? How much money you have, how much money you plan to print every year, distribution, total supply, burning process, so many things determine value of a single currency. Why bitcoin is special from fiat currencies? Its technology with already regulated supply, with already determined total supply.
I likes John Oliver in the beginning, now he is boring like all others. He actually doesn't do anything except he criticize and laugh, he have his target's and I feel sorry for some people that he choose to laugh.
In as much as we would lime bitcoin to let bitcoin's price to become stable, it is bego d e eryone's control as bitcoin is volatile and price varies from time to time. I do agree that what makes it to have a value because people had accepted bitcoin to have a value and more people are supporting btc by putting up their investment in it.
bitcoin prices are naturally always on the move and always have that price change because bitcoin has a very limited supply and has a very high demand bitcoin can be made for some payment methods that make bitcoin has value.
As for its value - this is not the main reason for its cost and popularity. Bitcoin has good technology, speed, anonymity, cheap transactions.
Bitcoin value fluctuate every minute it's not a paper money and not still stand one place
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.
Hi there the maker! Most of the value of stocks are even price on that way. It is not just for bitcoin, that is how stock market works, people who buy and sell stocks are the one who generate the factor to make the price goes up or goes down. Even the company it self have no direct control of the price. Look at nasdq, stocks price of amazon, tesla, apple and even nvidia among others.
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.
Like most fiat currency, the fundamental reason that fiat currency has value is that people trust to the value set to it by their respective central banks. The only difference is bitcoin is limited and fiat currency is not, they can print more money however they want to base on their inflation rate. They can't overprint money and they can't overly deflate it.
the value of the bitcoin is very variable and is given by the market (demand and supply) then by the exchange / exchange volume and will never be stable
" like most currencies, the fundamental reason that bitcoin has value is that people agree that it has value"
it is true but also misleading because it is incomplete.
people don't just randomly decide bitcoin has value. it has some fundamental reasons. otherwise a lot of other things like grain of salt would have also been worth $20000 for example!
it is the utility of bitcoin that gives people a reason to give bitcoin a value. it is the fact that bitcoin is a decentralized and censorship resistance currency that makes them want to buy more of it (creates demand) and that demand increases its price.
Totally agree with your explanation, but do you think censorship resistance currency will always make peoples to buy more while it has also some issues like,we can't stop transactions once made on the block chain.
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