Topic: Bitcoin value - page 8. (Read 3451 times)
The greatest value of Bitcoin is bringing the Blockchain technology to the world. The most comprehensive and convenient technology, along with high security
Bitcoin is a transactional product, investment and online purchase and bill payment. Thus bitcoin has worked perfectly on a digital foreclosure asset, which is appreciated over time as value added increases due to price.
The value of bitcoin coins varies continuously and unevenly. Prices may be very high or very low. There is no basis for evaluating the bitcoin value at present.
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.
Just like money is technically paper. If you see something valueable then it has value.
Example? If you dont have water in your country. It is valuable. Congrats, you can sell water to get money, or you can "trade" water. Long short water blah blah
yes I think you are right because many love it then something is worth it. for example like gold because everyone likes it gold becomes a valuable item. bitcoin has some properties like gold so many people love bitcoin. and make bitcoin has value and also bitcoin value influenced by amount of demand and supply.
Yes its true the value of bitcoin it depends on how people can value bitcoin and it depends on how is the demand and supply in the market really works.The market is so volatile try to analyze and not to panic because bitcoin is depends on us users.
It does have a value, but a very volatile one. People have been using it for a long time now and its value inflated throughout the years.
But to answer your question, yes, people made the worth of bitcoin's value possible.
But to answer your question, yes, people made the worth of bitcoin's value possible.
For the past few days Bitcoin is starting to rise slowly with not so great value but it is great to get back to the highest price.
The value of bitcoin will keep appreciating as far as there are more people adopting it. And it has value only because people believe that it has value. And now the bitcoin price drops drastically, try to calm down and do not panic if bitcoin prices go down so as not to make mistakes and you should be sure for bitcoin will someday rise again.
The current price of Bitcoin is low. So,it is best time to invest in it. When its price increase, investor can sell it and can get profit.BTC
It is not because that Mr. John Oliver said it that way the we think there was a kind of manipulation or something. It still has a basis though the possibility of price manipulation might be possible. Have you not realized the same with the paper money? Isn't it just a paper and we agree that there is such a value on it? This is just the same kind of thing you may not have thought about. But of course unlike virtual currency that is losely based on supply and demand, paper money is based on the governments resources in general that backed it up. Virtual currency is more of a commodity in comparison that rises up or down with supply and usability.
Everyone considers Bitcoin valuable, so Bitcoin is valuable. It's weighed down by what Bitcoin brings to the user and the trust
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.
which I understand from the word "because people approve it" is the one receiving when the price goes up and they all sell it, it should still buy at that moment. and they all re-buy when the price goes down. meaning that people accept all the prices that occur in bitcoin. " 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 values are increasing. Bitcoin can be used for many days or if it is late in the day, it can be a lot ofresources, Bitcoin can be converted into a lot of businessmen, there are many wealthy people in the world who are in the business with this Bitakken business, Bitcoin can become a major business owner.
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 is very valuable even if the price is unstable sometimes up and sometimes down basically the bitcoin is fluctuating, as long as people appreciate it or like it then he will remain valuable and if it all changes then the bitcoin no longer has the price." 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, it is very important to us to know what it's value. If we will go on the bitcoin's price yes it's unstable because price depends on the society who buy and sell the bitcoin. Bitcoin price moves upward or downward every seconds but we can only determine the lower or higher one which will be visible to us to see. Bitcoin's value is the population of peoples who uses this because the more it's the more the bitcoin having a better value.
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.
Yeah right, what you're saying is that bitcoin values will continue to strengthen as far as people who adopt them so that bitcoin will find a high price and many people will use it.
Thank you for the explanation. It really helps the ones who are interested in Learning about Bitcoins. Am interested in Learning about bitcoin and Crypto trading, So I think this forum would be a great resource for me.
Actually bitcoin value is much more than any currencies and metal too. The value actually is not stable. It moves up and down. But it is a good thing for investment. I personally like Bitcoin Very much. For more you can look the statistics of the past years.
It does have a value, but a very volatile one. People have been using it for a long time now and its value inflated throughout the years.
But to answer your question, yes, people made the worth of bitcoin's value possible.
But to answer your question, yes, people made the worth of bitcoin's value possible.
bitcoin value is definetely increasing as its market capitalization increases. then again the value cannot go down as its important cannot be overemphasized.
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