Bitcoins value - page 3. | Bitcointalksearch.org

northstarh

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Quote from: eckmar on June 04, 2017, 08:16:25 AM

Quote from: anneiS_02 on June 04, 2017, 08:06:55 AM

What are the factors that affect the bitcoins value ? Just curious guys. Wanted to learn more.

Just like about anything in the world. Supply and Demand. If more people are buying it price will go up, and more miners there are price will go down. Simple as that.

Bitcoin is growing around the world, so the demand of people everywhere is growing fast, while few people want to sell bitcoin, so its value is rising fast.

bettercrypto

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Quote from: eaLiTy on June 04, 2017, 01:46:19 PM

Quote from: EXtremeAEX on June 04, 2017, 09:26:10 AM

If today all the countries started to adopt Bitcoin as their official digital currency for everyone to use, if people favor Bitcoin more than PayPal on the Internet, then BOOM! Buy BTCBTCBTC, Prices goes ⬆⬆⬆. Since BTC is limited, there would be competition as more and more people gets Bitcoin.

The fact is no government will adopt bitcoin as their official digital currency,they can regulate it and give the citizens a freedom to use any currency,bitcoin is not meant for the entire world and it has some serious scaling issues to adapt to those levels,so lets forget about that,all you need is big investors for the price to go up and with the limited amount of coins it is bound to go up .

I agree, no countries will use it as their primary currency, but it would be as an alternative currency I think. I also agree that investors are needed to push bitcoin value higher, and adoption is one key factor to have investors. With the acceptance of countries I believe the coin is destined to go up in price as time goes by.

eaLiTy

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Quote from: EXtremeAEX on June 04, 2017, 09:26:10 AM

If today all the countries started to adopt Bitcoin as their official digital currency for everyone to use, if people favor Bitcoin more than PayPal on the Internet, then BOOM! Buy BTCBTCBTC, Prices goes ⬆⬆⬆. Since BTC is limited, there would be competition as more and more people gets Bitcoin.

The fact is no government will adopt bitcoin as their official digital currency,they can regulate it and give the citizens a freedom to use any currency,bitcoin is not meant for the entire world and it has some serious scaling issues to adapt to those levels,so lets forget about that,all you need is big investors for the price to go up and with the limited amount of coins it is bound to go up .

Etanllah

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Quote from: eckmar on June 04, 2017, 08:16:25 AM

Quote from: anneiS_02 on June 04, 2017, 08:06:55 AM

What are the factors that affect the bitcoins value ? Just curious guys. Wanted to learn more.

Just like about anything in the world. Supply and Demand. If more people are buying it price will go up, and more miners there are price will go down. Simple as that.

Exactly. As the price has gone up more and more people have become interested in it. Additionally people love that's its not governed by any body.

As people keep buying more Bitcoins, the prices keep going up.

FlightyPouch

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Quote from: nuela on June 04, 2017, 01:23:18 PM

I have created a better place than gold, many people become stunned to see this high level of value, if this level will increase at the same rate, then it will be a huge Amount of money.

I've prepared a perfect value for bitcoin

What are you saying? You created a better place than gold? I think you are talking about the price of bitcoin, not it's value, value is different from price, it's value is currently increasing the time price increases, the reason is that, many people are using and buying these digital currency. Who wouldn't want a currency where you can send accross the world with low fees.

nuela

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I have created a better place than gold, many people become stunned to see this high level of value, if this level will increase at the same rate, then it will be a huge Amount of money.

I've prepared a perfect value for bitcoin

PeRo

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I think its affected by the popularity because popularity makes demand, the more people start using Bitcoin and spend or earn it, the bigger the price will be because it is bigger demand. The second factor is supply. Bitcoin price is also determined by popularity in physical shops and adaptation.

~Bitcoin~

legendary

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There are lots of things that can affect the price of bitcoin like news about segwit, possible hardfork, mempool being full by spam transactions etc. Also if some company/government start to accept bitcoin as a currency than that can give big boost to price. It is quite hard to predict the price of bitcoin but if you keep close eye on bitcoin related news you can figure out what could be the right move.

lionheart78

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Bitcoin value depends on the adoption of people. As we know the more people adopt bitcoin, the more demand of buying it has. Aside from that legalization of Bitcoin is another factor that contribute to price/value of bitcoin. But the most impact it has on the value is the technology and being the first mover to decentralized blockchain .

izanagi narukami

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More country want to legelize bitcoin for their transaction it means there will be a lot of demand for bitcoin that cause bitcoin value is increased
Overall , bitcoin always increase and never disappointing as investment instead it's more than a gold for investment measure.
Just keep tell bitcoin to your family and friend to invest bitcoin and wait to see insane profit !

maydna

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Quote from: eckmar on June 04, 2017, 08:16:25 AM

Quote from: anneiS_02 on June 04, 2017, 08:06:55 AM

What are the factors that affect the bitcoins value ? Just curious guys. Wanted to learn more.

Just like about anything in the world. Supply and Demand. If more people are buying it price will go up, and more miners there are price will go down. Simple as that.

i am really agree with this, supply and demand is really give a big affected with the price especially for todays which so many people is want to buy bitcoin and no matter how much the price is, they are trying to buy bitcoin because they know that bitcoin can give them many of benefits so they start to collecting bitcoin from now. i think the value of bitcoin, from time to time will be increase especially of the value of the price and we can see now that the bitcoin price is really increase so high.

RodeoX

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Quote from: anneiS_02 on June 04, 2017, 08:06:55 AM

What are the factors that affect the bitcoins value ? Just curious guys. Wanted to learn more.

I think bitcoin is money and like any money it actually is not worth much at all. You can't eat it or live in it, etc. But money can be valuable as a store of value if it has certain properties:

1. Can't be cost effectively counterfeited.
2. Is believed to have value.
3. Is exchangeable in fungible units.

If these factors change, that would greatly impact valuation. Beyond that bitcoin has additional properties of privacy, speed, and cost savings. One can see that as the mem pool backs up or larger fees are required, the utility is degraded a bit and so is interest. An open and free bitcoin network also depends on net-neutrality. A loss of that would be very destructive to the utility and value of bitcoin as it would allow any ISP, government, ect. to add whatever fees or restrictions they want. Fees that go beyond the cost of mining.

On a week to week basis the main factors are supply/demand. The current spike in price is mostly just an increase in demand in Asia. Of course when speculators see a demand increase they jump in and drive the price higher. This ends in a correction and we start all over again.

CryptoBry

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Basically, this is in connection with the ongoing demand and supply...the more is the demand for Bitcoin the more it will rise and because supply of Bitcoin is truly limited this is an assured thing. Now, connected with this demand side is that confidence that the value will really rise which means that there are many people right now who are holding on to their Bitcoin and they are not selling in anticipation of the increase of value soon. This is just a matter of the psychology of the market...the cycle of bull and bear.

Pamadar

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Quote from: madwica on June 04, 2017, 09:49:47 AM

Quote from: bhabygrim on June 04, 2017, 09:29:54 AM

Base on the Subject on this threads. I think Bitcoin value are depends on the world trade value and demands. We also need to read more and research more so predict future price or value of btc. =)

I think not in the world market because it is digital currency, i think in the blockmarket base the bitcoin value and also it has big effect the more adoption by people and more country.

well indeed the more people who will adopt this chain the more value will rise and its also influence by the traders on how they hold
and keep newcomers to buy its really a game of full of surprises.

machinek20

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Quote from: Janation on June 04, 2017, 08:37:19 AM

Quote from: anneiS_02 on June 04, 2017, 08:06:55 AM

What are the factors that affect the bitcoins value ? Just curious guys. Wanted to learn more.

Many replies here are also some that I knew that can affect bitcoin's price, though, I think there are still some factors that affect the value of bitcoin, when people invest on bitcoin, they do nothing, which means, they stock their bitcoin into their bitcoin wallets, that bitcoins will not be joining the circulation of bitcoin to people.I can't explain it very well.

The factor that determine the value is the supply and demands because bitcoin is decentralized its mean there are no control, the one that control is the market
The one that you means is the transaction volume, if the transaction volume is high its mean ther are a lot of circulating supply and demands, this thing will cause the price to be unstable, but with higher transaction bitcoin will become more valuable

soul-impact

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Quote from: dothebeats on June 04, 2017, 09:46:40 AM

One factor is supply and demand. In theory, less supply and more demand = higher price and vice versa. Next one would be what a commodity/item offers to the public. Bitcoin can be used as an investment or a currency, which makes it as a win-win for the public.

Clearly, the current market is lacking in supply, while the demand of users is too high, which in turn causes the value of bitcoin to increase dramatically. Specifically, its value has doubled, and it can grow faster. However, at that time, bitcoin was adjusted value, which also caused a lot of people lost a large amount of money.

swogerino

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Quote from: btccashacc on June 04, 2017, 09:58:29 AM

Quote from: anneiS_02 on June 04, 2017, 08:06:55 AM

What are the factors that affect the bitcoins value ? Just curious guys. Wanted to learn more.

Bitcoin is a deflationary currency where there are only 21 bitcoins in this world, this is why bitcoin price will be up as long as the demand increases. However it's clearly that supply and demand has an important role for the bitcoin but there are some factors that may be influenced bitcoin's price like deflation that i've just mentioned above and halving as we can see in the past that the price was increase after halving.

I don't think supply and demand has any particular impact on bitcoin because bitcoins will be generated until the year 2140, so this means there is enough bitcoin circulating and there is enough supply and demand for bitcoin already. Impact comes from bitcoin usages, why is it better than many other conventional payments and the fact that it has no central authority. This would be enough to give bitcoin value.

btccashacc

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Quote from: anneiS_02 on June 04, 2017, 08:06:55 AM

What are the factors that affect the bitcoins value ? Just curious guys. Wanted to learn more.

Bitcoin is a deflationary currency where there are only 21 bitcoins in this world, this is why bitcoin price will be up as long as the demand increases. However it's clearly that supply and demand has an important role for the bitcoin but there are some factors that may be influenced bitcoin's price like deflation that i've just mentioned above and halving as we can see in the past that the price was increased after halving.

BillyBobZorton

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The fundamentals have an impact on the price. If there are no uncertainties near then it's smooth sailing. If on the other had, you get doubts because of possible conflicts, then the price may shake.

Also contrary to what other say, bitcoin has intrinsic value, the way to store money and move it borderless is an intrinsic value that bitcoin has, for example.

Ultimately it's precise value is determined via supply and demand, but its features will always make it valuable.

madwica

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Quote from: bhabygrim on June 04, 2017, 09:29:54 AM

Base on the Subject on this threads. I think Bitcoin value are depends on the world trade value and demands. We also need to read more and research more so predict future price or value of btc. =)

I think not in the world market because it is digital currency, i think in the blockmarket base the bitcoin value and also it has big effect the more adoption by people and more country.

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