Topic: Is your Bitcoin really worth $xxx.xx? (Read 2176 times)
Market prices are not opinions, they are facts.
I have a question for those holding Bitcoin.
Is your Bitcoin really worth "x" amount of $$$?
What happens if lets say 5 big Bitcoin holders were to flee the market today?
Are there enough buyers to inflate the price back up?
What if a run were to occur on Bitcoin?
Do you think that all investors would get the same amount of money for their coin?
With global currencies sliding in value consider this when building your exit strategy.
As global currencies weaken the likelihood of liquidating your position for "fair market value" deteriorates.
A couple people deciding btc isn't the future, even bagholders of hundreds of thousands to millions of coins is the going to stop BTC and the potential opinions 7 billion people may form about it. Is your Bitcoin really worth "x" amount of $$$?
What happens if lets say 5 big Bitcoin holders were to flee the market today?
Are there enough buyers to inflate the price back up?
What if a run were to occur on Bitcoin?
Do you think that all investors would get the same amount of money for their coin?
With global currencies sliding in value consider this when building your exit strategy.
As global currencies weaken the likelihood of liquidating your position for "fair market value" deteriorates.
Even hypothetically in the very unlikely scenario- if Satoshi herself,himself or group where to deanonymize and denounce btc, I don't think that would stop BTC from becoming larger on the world stage, with mkt cap growing.
It is better for them to sell so that we can buy cheap.
I have a question for those holding Bitcoin.
Is your Bitcoin really worth "x" amount of $$$?
What happens if lets say 5 big Bitcoin holders were to flee the market today?
Are there enough buyers to inflate the price back up?
What if a run were to occur on Bitcoin?
Do you think that all investors would get the same amount of money for their coin?
With global currencies sliding in value consider this when building your exit strategy.
As global currencies weaken the likelihood of liquidating your position for "fair market value" deteriorates.
A couple people deciding btc isn't the future, even bagholders of hundreds of thousands to millions of coins is the going to stop BTC and the potential opinions 7 billion people may form about it. Is your Bitcoin really worth "x" amount of $$$?
What happens if lets say 5 big Bitcoin holders were to flee the market today?
Are there enough buyers to inflate the price back up?
What if a run were to occur on Bitcoin?
Do you think that all investors would get the same amount of money for their coin?
With global currencies sliding in value consider this when building your exit strategy.
As global currencies weaken the likelihood of liquidating your position for "fair market value" deteriorates.
Even hypothetically in the very unlikely scenario- if Satoshi herself,himself or group where to deanonymize and denounce btc, I don't think that would stop BTC from becoming larger on the world stage, with mkt cap growing.
I think we all know on some level this is worthless, simply a gambling toy. At least with gold you can melt it down and make something pretty.
No, we don't know that, it has value - the electricity and processing power invested into creating it. As for gold, you can also melt bronze and make something pretty, so the value of gold should be about $1 per pound by your own valuation.
GOLD PLATES THE CONTACTS ON THE HARDWARE THAT MAKE BITCOIN POSSIBLE.
NO GOLD = NO BITCOIN
I would love to see gold at the price you suggest because the miners wouldn't be mining it.
Bitcoin would be no more.
That is a desperate argument against Bitcoin. Sorry Sir Alpha Goy but you have lost and no one is listening to you anymore. The people in the community are listening to what matters more and that is the market. It is telling us to hold because we will be having a good ride. It will also be good to buy the dips on the way up at +$1000. Enjoy your gold.
Bitcoin is worth whatever people are willing to pay for it.
Thats whats really fun about it right now. Its a total gamble, and no one knows where the price is going to land.
Huge losses and gains will be made in the next couple weeks.
Wish I had the cash to invest in some really large amounts...
Thats whats really fun about it right now. Its a total gamble, and no one knows where the price is going to land.
Huge losses and gains will be made in the next couple weeks.
Wish I had the cash to invest in some really large amounts...
I think we all know on some level this is worthless, simply a gambling toy. At least with gold you can melt it down and make something pretty.
No, we don't know that, it has value - the electricity and processing power invested into creating it. As for gold, you can also melt bronze and make something pretty, so the value of gold should be about $1 per pound by your own valuation.
GOLD PLATES THE CONTACTS ON THE HARDWARE THAT MAKE BITCOIN POSSIBLE.
NO GOLD = NO BITCOIN
I would love to see gold at the price you suggest because the miners wouldn't be mining it.
Bitcoin would be no more.
Not gonna happen in my eyes, we can dream about it of course but its simply not gonna happen for sure its just way too much.
I think we all know on some level this is worthless, simply a gambling toy. At least with gold you can melt it down and make something pretty.
No, we don't know that, it has value - the electricity and processing power invested into creating it. As for gold, you can also melt bronze and make something pretty, so the value of gold should be about $1 per pound by your own valuation.
GOLD PLATES THE CONTACTS ON THE HARDWARE THAT MAKE BITCOIN POSSIBLE.
NO GOLD = NO BITCOIN
I would love to see gold at the price you suggest because the miners wouldn't be mining it.
Bitcoin would be no more.
Im not sure any Big whales will be flooding the market yet, Bitcoin is still undervalued. Sure if someone dumped 100,000 Bitcoins on the market it would send the price down but they are not going to do that they will sell gradually. Also if you are a whale you may not be looking to get out of Bitcoin ever but develop the eco system thus increase the real world value of your holding. You can buy pretty much anything you want with Bitcoin anyway.
In other countries it is worth Xxx.xx+20 on exchanges relative to USD and worth even more on the street. Look for the rise to continue.
Imagine for a second that you're wrong and actually there are millions of millionaires out there who have been hearing about bitcoin for years and said they wanted to invest a proportion of their portfolio and have been putting it off, maybe they had some but sold off some point on the way down and have been looking to get in under $400 again. All of the sudden it was $750 last week and now it's 840?
What happens when fiat whale smart money realizes that Bitcoin is here to stay and is the killer store of value app. The whole world can't get into Bitcoin at $15B economy, and smart money is always going to beat the masses to the punch and ride the way up.
Imagine for a second that you're wrong and actually there are millions of millionaires out there who have been hearing about bitcoin for years and said they wanted to invest a proportion of their portfolio and have been putting it off, maybe they had some but sold off some point on the way down and have been looking to get in under $400 again. All of the sudden it was $750 last week and now it's 840?
What happens when fiat whale smart money realizes that Bitcoin is here to stay and is the killer store of value app. The whole world can't get into Bitcoin at $15B economy, and smart money is always going to beat the masses to the punch and ride the way up.
I have a question for those holding Bitcoin.
Is your Bitcoin really worth "x" amount of $$$?
Is your Bitcoin really worth "x" amount of $$$?
I do not know. All I know is I can sell them at $780 per coin right now. Should I care?
Yes you should care.
Depending on how many suckers there are to buy Bitcoin will depend on whether or not you can sell all your Bitcoins for $xxx.xx.
If there is a Bitcoin run you absolutely should care.
If whales dump hard you should care.
If the IRS comes a knockin you should care.
I could go on...
Nope. That is not happening. IRS? Whales dumping? Neither of that will stop Bitcoin now. You know why? The Efficient Market Hypothesis, that is why. Bitcoin has already penetrated market niches that the banks will not serve and Bitcoin is doing an excellent job making those illegal markets efficient. In fact, it is strict regulations that are subsidizing Bitcoin making its value grow.
You must be a holder of free coins. Opinion dismissed,
Or a person who has no plans on giving up on Bitcoin so my opinion holds more worth because I am trying to back up what I say with action. What is your opinion on Bitcoin based on the questions by the OP? Please tell us.
My opinion is that no global currency is going to take bitcoin seriously. Why? it has no backing and doesn't scale to any level that is relevant.
Do we care? No. All I know is I can sell Bitcoins at more than $800 per coin at current prices. All we also know is the use of Bitcoin is growing in the dark markets and other criminal activites. What do "they" take seriously? Fiat money? That is more stupid.
Yes it is really worth an x amount these days although its fully digital its a very good investment that can be very profitable too.
I think we all know on some level this is worthless, simply a gambling toy. At least with gold you can melt it down and make something pretty.
No, we don't know that, it has value - the electricity and processing power invested into creating it. As for gold, you can also melt bronze and make something pretty, so the value of gold should be about $1 per pound by your own valuation.
I have a question for those holding Bitcoin.
Is your Bitcoin really worth "x" amount of $$$?
Is your Bitcoin really worth "x" amount of $$$?
I do not know. All I know is I can sell them at $780 per coin right now. Should I care?
Yes you should care.
Depending on how many suckers there are to buy Bitcoin will depend on whether or not you can sell all your Bitcoins for $xxx.xx.
If there is a Bitcoin run you absolutely should care.
If whales dump hard you should care.
If the IRS comes a knockin you should care.
I could go on...
You must be a holder of free coins. Opinion dismissed,
Or a person who has no plans on giving up on Bitcoin so my opinion holds more worth because I am trying to back up what I say with action. What is your opinion on Bitcoin based on the questions by the OP? Please tell us.
My opinion is that no global currency is going to take bitcoin seriously. Why? it has no backing and doesn't scale to any level that is relevant.
My opinion is that nobody is going to take you seriously. Why? Because these are tired memes kid.
It doesn't matter one micro jot if 'a currency' takes bitcoin seriously or not. It simply deosn't fucking matter. Besides, currencies, generally being inanimate and human created abstractions of value (money) generally speaking don't take anything seriously.
It is backed by protocol. It is backed by cryptographic mathematics. It is backed by the most powerful computing network ever created by man.
It is backed by the proof of the work that went into mining it.
The power of this protection has grown 300% in the last year alone. Ergo, bitcoin is now x3 times more secure than it was last year.
Your arguments on the other hand are not backed by anything except hardcore ignorance.
Which i know you will reply to with yet more ignorance. Bring it on! I'm ready to debunk ALL your tired already disproven weak ass arguments against the greatest computer science invention of all time.
You must be a holder of free coins. Opinion dismissed,
Or a person who has no plans on giving up on Bitcoin so my opinion holds more worth because I am trying to back up what I say with action. What is your opinion on Bitcoin based on the questions by the OP? Please tell us.
My opinion is that no global currency is going to take bitcoin seriously. Why? it has no backing and doesn't scale to any level that is relevant.
I have a question for those holding Bitcoin.
Is your Bitcoin really worth "x" amount of $$$?
What happens if lets say 5 big Bitcoin holders were to flee the market today?
Are there enough buyers to inflate the price back up?
What if a run were to occur on Bitcoin?
Do you think that all investors would get the same amount of money for their coin?
With global currencies sliding in value consider this when building your exit strategy.
As global currencies weaken the likelihood of liquidating your position for "fair market value" deteriorates.
I am still new to bitcoin, I can only answer the 3 questions only:Is your Bitcoin really worth "x" amount of $$$?
What happens if lets say 5 big Bitcoin holders were to flee the market today?
Are there enough buyers to inflate the price back up?
What if a run were to occur on Bitcoin?
Do you think that all investors would get the same amount of money for their coin?
With global currencies sliding in value consider this when building your exit strategy.
As global currencies weaken the likelihood of liquidating your position for "fair market value" deteriorates.
Q: What happens if lets say 5 big Bitcoin holders were to flee the market today?
A: Until now we never knew, anyone a big holder of bitcoin. And I think it will have no effect, because it does not dominate the big 5 big Bitcoin holders from all existing bitcoin.
Q: Are there enough buyers to inflate the price back up?
A: impossible, we could see when low price bitcoin it lasts long time, bitcoin price looks very natural not from inflate
Q: What if a run were to occur on Bitcoin?
A: Equally, there will be a lot of influence.
You must be a holder of free coins. Opinion dismissed,
Or a person who has no plans on giving up on Bitcoin so my opinion holds more worth because I am trying to back up what I say with action. What is your opinion on Bitcoin based on the questions by the OP? Please tell us.
I think we all know on some level this is worthless, simply a gambling toy. At least with gold you can melt it down and make something pretty.
I can sell you a rock at $1000 if everyone thinks it has value on that piece of rock... Basically everything on earth has its value if people decide to give it. Let me ask you, why is gold so expensive? you can't play with it, you can't eat it, same thing.
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