Topic: Intrinsic value?? - page 2. (Read 1436 times)
the intrinsic value for me is what people have to offer for your numers of coins, value is given by the people not by the rarity or the ojbect itself, in fact everything has intrinsic value if someone want to pay for it and bitcoin is no different, but now bitcoin is tied to fiat currency to make it more easy to recognize is value and also for speculation
Definition of Intrinsic Value (in finance): ordinarily calculated by summing the discounted future income generated by the asset to obtain the present value. (Source: https://en.wikipedia.org/wiki/Intrinsic_value_(finance))
Bitcoin doesn't generate income in the regular, monthly sense, but it does in the lump sum that could be created by allowing a balance of bitcoin to sit for several years and gain value through appreciation.
So to answer your question we need to think about what factors would contribute to giving bitcoin value over the years.
I see these as its value as a;
What else?
Bitcoin doesn't generate income in the regular, monthly sense, but it does in the lump sum that could be created by allowing a balance of bitcoin to sit for several years and gain value through appreciation.
So to answer your question we need to think about what factors would contribute to giving bitcoin value over the years.
I see these as its value as a;
- Commodity - an alternative place to store value
- Currency - it's possible, but I don't see the opportunities to use it as a currency growing where I live
- Blockchain Technology - in this scenario Bitcoin becomes the first practical use of the technology, so if the technology takes off bitcoin could receive ancillary attention that manifests itself in the value of a commodity
What else?
Indeed, If we are not going to give any effort to gain bitcoin, it will be useless at all. It is true there is no fix income in bitcoin, but since bitcoin is a kind of investment or assets many community believed it has a real brighter future, imagine with a kind of virtual currency we can use it for so many purposes as you mention as value. That's why bitcoin called as Intrinsic value.
Bitcoins value as far as I know is based on the demands it had and of course the buying and selling of people who use it on free market. Since it is running in a free market it is very volatile and it's real value is fluctuating but I know someday bitcoin will be worth more than what it is worth right now. Altcoins in my opinion their values sometimes are based on hypes and to those who trade it since it is also on free market but the difference is that if there is no hype in that particular altcoin, it's price won't go up.
I think Bitcoin have intrinsic value even though it is driven by speculations. Due to this speculative value, the demand of Bitcoin is established. Bitcoin is speculated to increased in price overtime plus the features that has use like blockchain technology, store of value etc.
The intrinsic value of a money can be determine through the medium used . In the past where the exchange value of our money is determined by its intrinsic value or its gold/silver content but in order to increase the supply they continue to reduce its silver/gold content which when exchange in another country it has no value .
Today, Both paper money and bitcoin doesn't have an intrinsic value but it has an exchange value that is backed with the laws of supply and demand . The difference is bitcoin is decentralized and paper money is not . So if it doesn't have an intrinsic value why does it have an exchange value? It's simple cause people trusts it . All people around the world trusts that this "thing" (paper money or bitcoin) can be exchange for another of its equal value .
Today, Both paper money and bitcoin doesn't have an intrinsic value but it has an exchange value that is backed with the laws of supply and demand . The difference is bitcoin is decentralized and paper money is not . So if it doesn't have an intrinsic value why does it have an exchange value? It's simple cause people trusts it . All people around the world trusts that this "thing" (paper money or bitcoin) can be exchange for another of its equal value .
Does bitcoin has any intrinsic value?
If yes, how?
Or its value only comes from supply and demand?
What about altcoins?
Thanks
If yes, how?
Or its value only comes from supply and demand?
What about altcoins?
Thanks
If bitcoin doesnt have an intrinsic value then there will be no movement on the supply and demand. There are demands made because the intrinsic value of bitcoin is its usability as a medium of exchange online. If bitcoin has no intrinsic value at all then people will not use it and will not place their capital to purchase it. By just common sense we cannot deny that there is really an intrinsic value to bitcoin rather than just getting profit from it.
Correctly. Bitcoin has so many advantages. It attracts people not only from the fact that its price is growing. Bitcoin is a very promising coin that has its value
Does bitcoin has any intrinsic value?
If yes, how?
Or its value only comes from supply and demand?
What about altcoins?
Thanks
If yes, how?
Or its value only comes from supply and demand?
What about altcoins?
Thanks
If bitcoin doesnt have an intrinsic value then there will be no movement on the supply and demand. There are demands made because the intrinsic value of bitcoin is its usability as a medium of exchange online. If bitcoin has no intrinsic value at all then people will not use it and will not place their capital to purchase it. By just common sense we cannot deny that there is really an intrinsic value to bitcoin rather than just getting profit from it.
Does bitcoin has any intrinsic value?
If yes, how?
Or its value only comes from supply and demand?
What about altcoins?
Thanks
Bitcoin value is based on the demand and supply even altcoin is based on their demand and supply.If yes, how?
Or its value only comes from supply and demand?
What about altcoins?
Thanks
And I think that Bitcoin have a intrinsic value especially to the Bitcoin users and investor.
Does bitcoin has any intrinsic value?
If yes, how?
Or its value only comes from supply and demand?
What about altcoins?
Thanks
If yes, how?
Or its value only comes from supply and demand?
What about altcoins?
Thanks
bitcoin have not instinsic value, only suply and demand, can bitcoin price down or incraese
about altcoin same use bitcoin, but altcoin dev or altcoin exchanger could affect the altcoin price down or incraese too
I did some more reading about intrinsic value.
The easiest answer to your question is - Yes, bitcoin has intrinsic value!
The hard part of the answer, which we could debate for days, is what that intrinsic value is. The problem with calculating intrinsic value is that it requires a lot of assumptions for the math, which then leaves people with varied answers based on what they make their assumptions to be.
Intrinsic value is just the future value of some investment discounted into today's monetary terms. The if the intrinsic value is greater than the book value today than it would be (theoretically) be a good deal to buy some bitcoin today. An easier way to think about it is this - if Bitcoin were priced at $10,000 would you be upset that you didn't buy some today at $1,000?
The easiest answer to your question is - Yes, bitcoin has intrinsic value!
The hard part of the answer, which we could debate for days, is what that intrinsic value is. The problem with calculating intrinsic value is that it requires a lot of assumptions for the math, which then leaves people with varied answers based on what they make their assumptions to be.
Intrinsic value is just the future value of some investment discounted into today's monetary terms. The if the intrinsic value is greater than the book value today than it would be (theoretically) be a good deal to buy some bitcoin today. An easier way to think about it is this - if Bitcoin were priced at $10,000 would you be upset that you didn't buy some today at $1,000?
The price is definitely affected by supply and demand and that would only become even more pronounced as the last few bitcoins are mined. As for intrinsic value, I'm not sure it would have any value as currency if the demand simply disappear (for example a calamity made the grid unreliable). Gold at least can be used for electronics if people don't look at it as a store of value.
Definition of Intrinsic Value (in finance): ordinarily calculated by summing the discounted future income generated by the asset to obtain the present value. (Source: https://en.wikipedia.org/wiki/Intrinsic_value_(finance))
Bitcoin doesn't generate income in the regular, monthly sense, but it does in the lump sum that could be created by allowing a balance of bitcoin to sit for several years and gain value through appreciation.
So to answer your question we need to think about what factors would contribute to giving bitcoin value over the years.
I see these as its value as a;
What else?
Bitcoin doesn't generate income in the regular, monthly sense, but it does in the lump sum that could be created by allowing a balance of bitcoin to sit for several years and gain value through appreciation.
So to answer your question we need to think about what factors would contribute to giving bitcoin value over the years.
I see these as its value as a;
- Commodity - an alternative place to store value
- Currency - it's possible, but I don't see the opportunities to use it as a currency growing where I live
- Blockchain Technology - in this scenario Bitcoin becomes the first practical use of the technology, so if the technology takes off bitcoin could receive ancillary attention that manifests itself in the value of a commodity
What else?
Yes bitcoin has intrinsic value. It is intrinsically useful as a means of transferring value around the globe in a short period of time. More than can be said for PMs or Fiat.
Bitcoin value is backed by:
- blockchain - which will able bitcoin users to include messages in a globally distributed permanent ledger.
Bitcoin's blockchain is probably the biggest database on Earth right now, there is nothing comparable and as widely distributed as blockchain.
- bitcoin's blockchain can also be used to confirm ownership of documents or identity of users.
- if we look at other commodities - most of them are only expensive and have value, because people decided and agreed that they are worth something
- bitcoin is useful (as currency, payment method, store value) and therefore is has value.
- but yes, in the end BTC value is determined by supply and demand.
- blockchain - which will able bitcoin users to include messages in a globally distributed permanent ledger.
Bitcoin's blockchain is probably the biggest database on Earth right now, there is nothing comparable and as widely distributed as blockchain.
- bitcoin's blockchain can also be used to confirm ownership of documents or identity of users.
- if we look at other commodities - most of them are only expensive and have value, because people decided and agreed that they are worth something
- bitcoin is useful (as currency, payment method, store value) and therefore is has value.
- but yes, in the end BTC value is determined by supply and demand.
Does bitcoin has any intrinsic value?
If yes, how?
Or its value only comes from supply and demand?
What about altcoins?
Thanks
If yes, how?
Or its value only comes from supply and demand?
What about altcoins?
Thanks
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