Pages:
Author

Topic: Bitcoin value - page 41. (Read 3451 times)

newbie
Activity: 140
Merit: 0
May 17, 2018, 09:33:01 PM
If you can't understand bitcoin's "value backing," you'll never be able to hold bitcoin for a long time, even if you buy some bitcoins.

I didn't see the value of bitcoin until it was $30, 000. But since then, I have become a firm digital currency "value" investor, the confidence has never been so firmly on the road to the future of the digital wealth era.
hero member
Activity: 1092
Merit: 507
btcstakes.com
May 17, 2018, 09:25:06 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.

Same thing as FIAT, ever since Nixon took the dollar off the gold standard, we have all been using paper money which the consensus is agreeing that it has some type of value.
jr. member
Activity: 200
Merit: 6
May 17, 2018, 09:17:53 PM
Due to the users of bitcoin, the value of bitcoin is very unstable, sometimes its value increases and sometimes decreases.
member
Activity: 167
Merit: 10
May 17, 2018, 08:49:14 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.

As you can see, bitcoin value is not permanent. It can be increase or it can be decrease. It depends on the user of bitcoin on how it will be supply to the people and also demand can affect the price of the so called bitcoin. People will determine if bitcoin is worthy or not by using or selling it to the market. It will be the source of the knowings of how will bitcoin will proceed or should i say it will go higher or lower.
jr. member
Activity: 146
Merit: 1
May 17, 2018, 06:32:18 PM
Anyone who holds the coins either Bitcoin or Ethereum Dll, all already bear the risk of profit and loss, but most people are already used to it, just as you open a business will definitely gain profit and loss and what is on your mind right now, then this the answer ...

Bitcoin value change from time to time but its not that high. Though it may rise or drop but its not that high. Bitcoin is like a business i agree with that, because not all the time you can earn pofit. Sometimes you earn sometimes you loss, so if you invest bitcoin make sure you dont panic if bad thing happens. Just be patient and calm to earn profit.
member
Activity: 451
Merit: 15
Investor
May 17, 2018, 06:27:50 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.
unfortunately though, this is true. We have agreed upon a value for bitcoin, just like any other typical currency. That's why bitcoin has a very unstabke value, having no physical representation and only.finding it's value from the people who agreed upon its value. It become so unstable and volatile that it become to be known like that. It's not wrong in any way for me since all currencies went on thid trouble before becoming stable abd usable currencies.
member
Activity: 322
Merit: 10
May 17, 2018, 06:06:29 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.
I think it is just right and reasonable in nature because everything has cater its own value because of something that makes it valuable and in that case, it can also be applied to Bitcoin being valuable because people do entirely value it as a currency or as an asset for investment which depends on how people perceive Bitcoin's worth and value to come into existence. Nowadays, Bitcoin is getting valuable as time passes by because people are seeing it to be that valuable in hand or in account which suits their needs and wants that is why many people are getting attracted to Bitcoin no matter what it take because it was already kept in mind that Bitcoin has value and really that valuable.

and bitcoin are becoming increasingly recognized by many people, as people see that until now many people are successful because they invest in bitcoin, many new people invest in bitcoin, they misunderstand and say that bitcoin is a fraud, but it is actually a mistake of its own, when they buy bitcoins at a high price, and when bitcoins decline, they panic and sell their bitcoin, so they lose.
For sure bitcoin is really a good currency which has very good past and going to have high price in future, now almost every investors is becoming very rich and appearing in bitcoin market as successful investor, so it is time to buy bitcoin and hold it with patience, high acceptance is being a reason for bitcoin increasing value and high price, it is time to buy bitcoin ad hold it for long time as selling now will be panic selling which is surely not good wait for the value and price to be high at peak.
hero member
Activity: 983
Merit: 502
May 17, 2018, 11:43:58 AM
Anyone who holds the coins either Bitcoin or Ethereum Dll, all already bear the risk of profit and loss, but most people are already used to it, just as you open a business will definitely gain profit and loss and what is on your mind right now, then this the answer ...
full member
Activity: 518
Merit: 100
May 17, 2018, 10:23:34 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 it is just right and reasonable in nature because everything has cater its own value because of something that makes it valuable and in that case, it can also be applied to Bitcoin being valuable because people do entirely value it as a currency or as an asset for investment which depends on how people perceive Bitcoin's worth and value to come into existence. Nowadays, Bitcoin is getting valuable as time passes by because people are seeing it to be that valuable in hand or in account which suits their needs and wants that is why many people are getting attracted to Bitcoin no matter what it take because it was already kept in mind that Bitcoin has value and really that valuable.

and bitcoin are becoming increasingly recognized by many people, as people see that until now many people are successful because they invest in bitcoin, many new people invest in bitcoin, they misunderstand and say that bitcoin is a fraud, but it is actually a mistake of its own, when they buy bitcoins at a high price, and when bitcoins decline, they panic and sell their bitcoin, so they lose.
member
Activity: 665
Merit: 10
SOL.BIOKRIPT.COM
May 17, 2018, 10:10:50 AM
Always get up or down in the year.now Bitcoin marketcap is very bad think.when marketcap again going up I can't understand. But how will soon is market going up.
full member
Activity: 208
Merit: 100
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
May 17, 2018, 10:09:45 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 it is just right and reasonable in nature because everything has cater its own value because of something that makes it valuable and in that case, it can also be applied to Bitcoin being valuable because people do entirely value it as a currency or as an asset for investment which depends on how people perceive Bitcoin's worth and value to come into existence. Nowadays, Bitcoin is getting valuable as time passes by because people are seeing it to be that valuable in hand or in account which suits their needs and wants that is why many people are getting attracted to Bitcoin no matter what it take because it was already kept in mind that Bitcoin has value and really that valuable.
copper member
Activity: 434
Merit: 0
May 17, 2018, 10:04:49 AM
Yes, the price of bitcoins is extremely unstable, it is not stable like a paper carrecy.
Every time of its demand, use and supply has disturb its value. That's why its value is decreasing or raising.
full member
Activity: 364
Merit: 100
PlayGame.com
May 17, 2018, 09:40:05 AM
i think the values of that coin is affected by the popularity of that coin that makes the people want to buy it, when it happen it will makes the demand of bitcoin is increasing, if the stock in the market is lower than the demand automatically the price of bitcoin is rising up, but it will stop when the stock in the market will going up and demand is going down
member
Activity: 517
Merit: 10
May 17, 2018, 09:37:20 AM
The bitcoin value also decrease and increase in the start year 2018.now bitcoin markepcap is very painful. 2018 start of the down time to fair.think is know hope will increased soon.
full member
Activity: 364
Merit: 100
May 17, 2018, 09:34:15 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.
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
hero member
Activity: 3080
Merit: 603
May 07, 2018, 09:30:54 AM
So if we aren't going to agree that bitcoin doesn't have value, it won't have value?

The value of bitcoin depends with its market cap and we don't only need to think that it has value because it really has value. Due to its billion of market cap that makes sense why bitcoin has value.
sr. member
Activity: 1316
Merit: 257
May 07, 2018, 09:29:02 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.
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.
Bitcoin fluctuates and can change at any time in seconds, minutes, even hours and so on .. so if up or down the value of bitcoin is a very natural thing, and bitcoin development is very meaningful to us and always hope its value always goes up .. and when the price drops I can only hold it hoping to climb back to sell it and make a profit ..
newbie
Activity: 98
Merit: 0
May 07, 2018, 09:24:58 AM
Yes, current bitcoin fluctuations can go up and down at any time so advise people not to worry, keep up and wait patiently when bitcoin rises, and bitcoin is now high value I believe it will bring great profit for everyone.
newbie
Activity: 70
Merit: 0
May 07, 2018, 09:18:52 AM
The value of bitcoin are very volatile it may decrease and increase it's because of the users of bitcoin the supply and demand can affect the bitcoin price.

Bitcoin has value because it is as valuable as money. Bitcoin has the properties of money (durable, concise, exchangeable, rare, divisible, and recognizable) based on mathematical formulas rather than based on physical form (such as gold and silver) or confidence in the center (such as fiat currency). In short, Bitcoin is supported by math. With these attributes, all that is required of money to have an exchange rate is trust and acceptance. In the case of Bitcoin, this condition can be measured by the growth of users, sellers and early users. Like other currencies, the value of bitcoin comes only from people who are willing to accept it as a means of payment.
sr. member
Activity: 726
Merit: 251
May 04, 2018, 04:26:11 PM
Do not worry the fluctuating bitcoin can go up and down anytime. Although now the bitcoin has decreased steadily in the next few weeks there will be an increase. Cool
Pages:
Jump to: