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Topic: How do you value Bitcoin ? - page 16. (Read 5423 times)

full member
Activity: 266
Merit: 100
September 05, 2017, 05:07:14 AM
#36
I normally use US Dollar as value. But since I don't live in the US, but Norway, I often use NOK too. USD is easier since that's what most people use and is what most exchanges supports. It's hard for me to value it as a currency, even though I believe it is. I feel it's so fragile, and is something else than USD and other currencies.
member
Activity: 131
Merit: 10
September 05, 2017, 04:58:57 AM
#35
Being a believer of cryptocurrency, i really valued bitcoins because this is the currency that we are going to use in the future.
full member
Activity: 266
Merit: 100
September 04, 2017, 12:16:11 PM
#34
The users of bitcoin is increasing. because of that,the demand of bitcoin is now increase.so,the value of bitcoin is increasing by day by day.
hero member
Activity: 966
Merit: 501
September 04, 2017, 05:07:38 AM
#33
I am simply referring to global market laws .. the more demand with the limited quota amount will cause the price to be high .. so is the case with bitcoin ,, because now the amount of demand is very high ,, it will cause bitcoin prices will continue to rise
full member
Activity: 476
Merit: 100
September 04, 2017, 04:57:36 AM
#32
I so appreciate bitcointalk until my computer dies ,, due to bitcointalk so I am grateful to know bitcointalk ,, although not so long ago.
member
Activity: 70
Merit: 10
July 27, 2017, 08:50:15 AM
#31
WE HAVE THIS SIMPLE LOGIC:

Bitcoin is a form of money,
Moneys are valuable medium.
Bitcoins are valuable medium.

It is very easy to say that Bitcoins are valuable since it represents a true physical form of money. Just like us, we use money in our daily lives, get life so much easier if you had a lot of this thing.
hero member
Activity: 882
Merit: 500
July 24, 2017, 12:29:32 AM
#30
I think that the most common way to value Bitcoin is like valuing other currency by another currency.
Seeing to it that we all know all the factors that causes or affects supply and demand equilibrium.
Also the time we hold bitcoins. Time is very important factor.
Yeah this is good way to find out the value of the particular currency but I think it will be more complicated for us to calculate the price/value to consume more time .
So here we should see the market where people are buying Bitcoin or sell Bitcoin or any other altcoins , thier you can see the market bid where people are making buy the things at bid and also selling at the bid .
For example you can see at the bitrex where people are making buy and sell Bitcoin for USD .
Usually in the list of the selling people sell high and at the list of the buyers , buys at low price that all are bid rate to make buy or sell .
So there is not certain price we can say at the particular time of the Bitcoin price or of any altcoin price .
Here i myself see the buy and sell rate at the zebpay wallet and exchange to do trade at LBC .
member
Activity: 70
Merit: 10
Gamerbits -- Limited $900k ICO -- gbits.io
July 24, 2017, 12:23:32 AM
#29
I usually like to go by market cap on things, so the total amount that I think BTC should be worth, given enough marketing / outreach / awareness etc.

So I think each bitcoin should be at least 5x what it currently is, if we just had proper outreach and adoption procedures for new people.

Coinbase (while controversial to some) is still a good step forward in this direction, I feel.
full member
Activity: 364
Merit: 101
DanJoN
July 24, 2017, 12:10:32 AM
#28
I think that the most common way to value Bitcoin is like valuing other currency by another currency.
Seeing to it that we all know all the factors that causes or affects supply and demand equilibrium.
Also the time we hold bitcoins. Time is very important factor.

yes we should always value all other currency as we value bitcoin, we can appreciate a currency when we make a profit on it , but take note that it is all connected what happen to others will likely happens to some.
sr. member
Activity: 504
Merit: 252
July 24, 2017, 12:03:04 AM
#27
you can give value with usd or euro or you can do barter to give a value to bitcoin, and bitcoin don't grow over time, its value grow because there is more usage, i think the value is very well related to usage

On the contrary, with regard to bitcoin, I think value is attached because of its demands, not necessarily usage. Many people would think that it is wiser not to use bitcoin the way it should be used. Bitcoin is designed to be used as payment. However, it has become so precious that people want to buy some not to use but to keep them safe in their wallets. The demand is so high that is why bitcoin has grown so much in value. 
sr. member
Activity: 364
Merit: 256
July 23, 2017, 11:49:19 PM
#26
I think that the most common way to value Bitcoin is like valuing other currency by another currency.
Seeing to it that we all know all the factors that causes or affects supply and demand equilibrium.
Also the time we hold bitcoins. Time is very important factor.
.I valued bitcoin so much because I am getting a profit on it and because of its high value currency. Bitcoins helps me in my daily needs thats why As long as I have profit on in I will value the bitcoin until I stop earning this.
legendary
Activity: 1176
Merit: 1001
The most Professional Cryptocurrency Casino
July 23, 2017, 11:48:34 PM
#25
I value bitcoin more than my savings in the bank and other investment in real world, for me it is my last chance to be rich in this world and right now I am feeling happy to see my investment grow without even working hard for it. I only trust bitcoin to take care of my future and I believe the more I continue to invest the more I can harvest in the future.
I agree with you if we believe in bitcoin then we must value bitcoin more than savings because bitcoin is like an asset whose price can increase over time but that thought is only for people seeing bitcoin as an investment not as currency.
full member
Activity: 448
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CRYPTOCITIZEN $CCASH
July 23, 2017, 11:14:45 PM
#24
Bitcoin is a currency. I value it as a currency. I think it will become a currency so soon.Thank you.
full member
Activity: 203
Merit: 100
July 22, 2017, 10:05:21 PM
#23
I value bitcoin by considering the world economy and its demand. I try to see the whole concept with the help of community and news. I consider its functuonality and the possibility to become a real world currency. Then I consider the possible reactions that will happen against bitcoin. I take both negative and positive effects into account.
hero member
Activity: 896
Merit: 521
July 22, 2017, 09:21:10 PM
#22
Bitcoin value is driven by scarcity, utility, demand and supply. These all factors have made Bitcoin an ideal investment. For me I value Bitcoin as an investment. Bitcoin helps in growth of my money than its inflationary counterpart fiat. Bitcoin has provided this world an alternate form of currency which has many use cases and will soon be readily accepted everywhere.
hero member
Activity: 3052
Merit: 685
July 22, 2017, 09:13:41 PM
#21
I value bitcoin more than my savings in the bank and other investment in real world, for me it is my last chance to be rich in this world and right now I am feeling happy to see my investment grow without even working hard for it. I only trust bitcoin to take care of my future and I believe the more I continue to invest the more I can harvest in the future.
full member
Activity: 402
Merit: 101
Arianee:Smart-link Connecting Owners,Assets,Brands
July 22, 2017, 08:51:04 PM
#20
We can value Bitcoin because it helps us a lot. I evaluate bitcane as a currency. Bitcoin can fulfill all our needs. Bitcoin can make a person rich from the poor. Bitcoin can change the world's currency world. Bitcoin really helps us all very much.
sr. member
Activity: 700
Merit: 250
July 22, 2017, 12:45:42 PM
#19
I think you value bitcoin based on its usage, especially now that bitcoin currently is the most valuable crytocurrency today. So that means its worth matters also and so as the other cryptocurrencies that rely on bitcoin.
member
Activity: 80
Merit: 45
July 22, 2017, 11:43:09 AM
#18
It's very valuable for me  I thhink because it is the first crypto currency in the world. Bitcoin starts the spark that soon becomes a huge firestorm around the world of finance and banking.  Grin
hero member
Activity: 770
Merit: 500
July 22, 2017, 11:29:24 AM
#17
For me its value lies in its ease of use and ease of paying someone no matter where in the world you are almost instantly. You can start spending right away after receiving you bitcoins.  Its also decentralized that a huge factor for me and my privacy.
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