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Topic: Bitcoin value - page 43. (Read 3451 times)

newbie
Activity: 98
Merit: 0
May 01, 2018, 07:01:16 AM
Paper money has its real meaning, and the importance changes every day from different factors.
full member
Activity: 223
Merit: 100
May 01, 2018, 07:00:01 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.
Truly most of all transactions or the value of  commodity depends on the principles of market and demand, the more and more people demand on every commodity and there is no enough supply to sustain that demand then the value of such commodity increases.
newbie
Activity: 154
Merit: 0
May 01, 2018, 06:55:13 AM
The value of bitcoin has broken above $9,000 after a week of steadily increasing prices, which saw the world's most valuable cryptocurrency rise by more than 20 per cent . BTC
member
Activity: 239
Merit: 10
May 01, 2018, 06:19:30 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 it changes everytime it is not permanent nit like a paper money it's value is permanent and stable
The value of bitcoin is unstable that can goes up and down. Bitcoin value is so high because it's converted into dollars that we all know one of the highest money currency in the world. Investing in bitcoin can make you rich because of it's higher value but it also risky. And I think all the people who are investing in digital crypto currencies are believing in it and hoping to rise as well.
member
Activity: 672
Merit: 14
May 01, 2018, 04:38:51 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 value of Bitcoin stems from the same principle working for paper money and gold. People agree to trade with paper money and gold and that is it, you have a value created for them. Once the patronage and demand increase, the value increase respectively. For the plummeting, it happens like sometimes for the bulls to buy and hold more - the source of much profit when the BTC bull takes the leap.
sr. member
Activity: 363
Merit: 250
May 01, 2018, 04:25:29 AM
Yes, let's say the bitcoin have a value, but it's not permanent, why? because everytime you check the price of bitcoin it always changing and it don't have a permanent value like the paper money that we are using now, because everytime it goes up but everytime it goes down, that's why the value of it are not stable.
member
Activity: 397
Merit: 10
May 01, 2018, 04:13:41 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's value is not constant at all its always fluctuating sometimes increase or sometimes decease. I strongly believe that, basically BTC value depends on the user that means when BTC'S demand is high then its value is increasing and when supply is higher than demand then value is decreasing.
newbie
Activity: 281
Merit: 0
April 30, 2018, 06:54:43 PM
 Bitcoin price are very volatile and it rapidly change anytime. The value of bitcoin always base on the demand and supply....the higher demand the price also higher but if the demand is less then the supply is high the price will decrease. But as the years had past bitcoin continue to become valuable because also of a new technology. And the demand still increasing that's why bitcoin is still the king of all crypyto.
member
Activity: 294
Merit: 12
April 30, 2018, 06:46:31 PM
Bitcoin value may go up and down but still it is already proven and bitcoin has its own standing in the market. Bitcoin continues to develop and many people now are into Bitcoin because they believe in its value.
full member
Activity: 560
Merit: 100
April 30, 2018, 06:39:27 PM
Bitcoin does have a pretty good value when compared with some time ago the development of bitcoin value does continue to rise from year to year, especially in 2017 towards the end of the year has risen quite surprising, and I think in that moment many people who are happy they have the bitcoin they saved from last year. In this month of 2018 is indeed the development of bitcoin tends to be stable in my opinion because if the increase is not too large rise and if the decline did not decrease drastically enough so that in my opinion it tends to be stable
member
Activity: 518
Merit: 11
April 30, 2018, 06:31:23 PM
#99
that's only part of a small reason, because basically bitcoin has important things that make high value bitcoins.
even security is also a factor that makes many people interested, so bitcoin has valuable value.

then also high fluctuations, make some people interested, and bitcoin fluctuations can make a quick get rich quickly.
full member
Activity: 185
Merit: 100
April 30, 2018, 06:19:30 PM
#98
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 don't know yet the true value of Bitcoin for its value is varying at any given time. Unlike the paper money or we can say the true money it has its own value and we can distinguish what is the value of that certain money.
sr. member
Activity: 623
Merit: 251
April 30, 2018, 05:55:37 PM
#97
The value of Bitcoin fluctuates due to market perception, supply and demand therefore does not have the same economic relationship associated with the major currencies on the Forex Market. The size of the market means that it also doesn’t have the apparent “stability” and one can see price movement in the scale of 25% or more and thus entry into the market can be very lucrative or the reverse if misjudged.
member
Activity: 196
Merit: 30
April 30, 2018, 10:44:20 AM
#96
Yeah that is somewhat right. You can visit the different trading platforms so you will be able to grasp how the price of bitcoin and even alts were made.
In trading the people decide the value how high or low they want to acquire a bitcoin, on the other hand people set a price to sell a bitcoin. If those two matches that decide a price of that trade. All of the trade happen in a certain time is computed maybe averaged that decide the price of that particular time.
sr. member
Activity: 672
Merit: 250
April 30, 2018, 10:39:06 AM
#95
I agree with this expression. I think that there are people who have great social influence. And it is they who at some point decide what has value and what does not.
newbie
Activity: 374
Merit: 0
April 30, 2018, 09:42:22 AM
#94
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 value that can not be guessed .. sometimes up and sometimes down ... but we should think more to invest in it so as not to regret
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
April 30, 2018, 09:37:50 AM
#93
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 man is right,if we gonna believe on bitcoin,the bitcoin wil progress same thoughts on its value becaus if we dont trust that it aill grow then what we gonna do is sell all our coins then the value will suddenly drops.i guess this is what john oliver want to say
member
Activity: 252
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
April 30, 2018, 09:05:29 AM
#92
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.
Based on my observation, bitcoin's price is changing from time to time. Its price may decrease but one thing for sure is that bitcoin can recover. What I am trying to say is that bitcoin's price is unstable. Price is just a proof what is the true value on that thing.
full member
Activity: 379
Merit: 100
April 30, 2018, 08:56:06 AM
#91
Any profit comes from changes. But some people could feel themselves disappointed realizing that they spent btc earlier at lower value while now it is expensive and profitable to hold it in a wallet.
newbie
Activity: 84
Merit: 0
April 30, 2018, 08:15:42 AM
#90
Bitcoin is precious and value reveals of how important bitcoin is. A trusted currency that is accessible to all. expectation meet us in dealing with bitcoin.
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