Author

Topic: Fundamental value of bitcoin (Read 68 times)

legendary
Activity: 1190
Merit: 1001
January 04, 2018, 06:45:45 AM
#4
The market price of anything is determined by supply and demand, in the market. Buyers and sellers.Bitcoin is a form of money.However, it is used as payment in monetary transactions. Goods and services are traded Using this bitcoin payment gateway system.
Bitcoin Current Price is between 12000$ to 15000$ , Future price may be more than you expect

newbie
Activity: 23
Merit: 0
January 04, 2018, 06:36:53 AM
#3
At some point it must relax to a stable price though (with stable I mean like any other currency, without fluctuations from 20000 to 13000 dollars in a couple of days!). I have some ideas. It is hard to get an unbiased opinion.

If it doesn't stabilize then bitcoin will have a hard time becoming a true currency... which would be amazing if it did become it.
member
Activity: 182
Merit: 10
January 03, 2018, 11:14:19 AM
#2
The title is self-explanatory.

What do you think the fundamental value of bitcoin is? At what price (in fiat currency) will it have a change to stabilise?
Should be more than enough to buy a lambo,the price of BTC is unpredictable it may cost a million dollar in the future,or it will be less than a cent,we wont know what exact amount it can go.
newbie
Activity: 23
Merit: 0
January 03, 2018, 10:43:27 AM
#1
The title is self-explanatory.

What do you think the fundamental value of bitcoin is? At what price (in fiat currency) will it have a change to stabilise?
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