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Topic: The value of bitcoin? - page 13. (Read 4486 times)

newbie
Activity: 182
Merit: 0
May 26, 2018, 10:46:26 PM
If you would have analyzed the market frequently,it was more than $4400 price of BTC. Due to volatility,it can't stay at any fixed value.
Do not look on the dark sides of bitcoin market,the ups and downs will happen always as this process designates its importance more than before.
So yes this is the right moment to make your dreams come true by holding bitcoins.
Whoever has ever done bitcoin, it would have been hard to say its worth, it gives me more material as I have more income so that I can cover my life and give I am more knowledgeable about digital money
member
Activity: 392
Merit: 10
May 26, 2018, 06:38:46 PM
the pointed value of bitcoin is currently very good, so investors choose to invest in bitcoin.
good value provides a positive outlook for users and investors, as well as price developments shown in the market are gradually improving and increasing rapidly.
Some people come to the Crypto market just to invest and hold the BTC, in this case BTC is the most potent and powerful penny in the market. There is no reason why the BTC will collapse so I believe the value of BTC in the future will increase further.
legendary
Activity: 1232
Merit: 1091
May 26, 2018, 06:27:13 PM
As long as the bitcoin value is still above $5000 I still feel it is a reasonable value, even though I can say it is pretty high value. So with the decline in bitcoin prices right now I'm still relaxed to deal with situations like this.

What does it fundamentally change for you if it drops below the $5000 level? It seems that you aren't really that interested in the short term market. If you are a miner the value can matter, but if you're a swing trader it doesn't because it's just the volatility you are after. I never get it why people interested in the long term worry or think about the short term value that much. It doesn't make any difference for me if we drop to $5000 from here or break through $10,000. I don't have targets set I plan to sell at. I just want to ride this market out till we come to a point where the market is so insanely overbought, that the only right thing to do is to sell. Last year's peak is a perfect example of what I am talking about.
full member
Activity: 532
Merit: 132
May 26, 2018, 06:09:39 PM
As long as the bitcoin value is still above $5000 I still feel it is a reasonable value, even though I can say it is pretty high value. So with the decline in bitcoin prices right now I'm still relaxed to deal with situations like this.
This current bitcoin price is really good, and I don't think that the price can decrease to the 5k$ level, because it have a good potential and a very strong community behind it. I really don't like this situation, but I am now relaxed and I deal with the reality. I hope that the price will increase as soon as possible, because a lot of us need that bitcoin price will be recovered and reach at least the 8k$ again.
legendary
Activity: 1568
Merit: 1002
May 26, 2018, 05:49:29 PM
As long as the bitcoin value is still above $5000 I still feel it is a reasonable value, even though I can say it is pretty high value. So with the decline in bitcoin prices right now I'm still relaxed to deal with situations like this.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
May 26, 2018, 05:09:25 PM
Bitcoin is something completely new, it is revolutionary and as such it is very difficult to determine what price it should have, so the only thing that we can do this to guess its value and for what I can see its value is very low right now, in my opinion a fair price for bitcoin right now will be something close to 10000 and yet we are having problems sustaining that price because the speculators keep selling when we get close to it.
newbie
Activity: 728
Merit: 0
May 26, 2018, 04:08:02 PM
As all bitcoin holders I am a little frustrated because bitcoin is too low and nobody can tell exactly when bitcoin will grow that is why I am confused but I have bought bitcoin on a quite low price so I am holding while but if bitcoin will continue dropping I sell it because I want to save my money.
newbie
Activity: 127
Merit: 0
May 26, 2018, 03:15:10 PM
the pointed value of bitcoin is currently very good, so investors choose to invest in bitcoin.
good value provides a positive outlook for users and investors, as well as price developments shown in the market are gradually improving and increasing rapidly.
legendary
Activity: 1862
Merit: 1004
May 26, 2018, 06:26:55 AM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.
Then how can you label/classify intellectual properties? Movies, music, books, texts? It's hard to determine the amount of work put in the creation process of a book, right?
Which determine that one book is more valuable than the other? The amount of 'work' needed to create it? I don't think so.
I don't like when people are attempting to apply to Bitcoin the labour theory of value, which is generally accepted as false.
full member
Activity: 378
Merit: 100
May 26, 2018, 06:18:41 AM
The volatility that you are saying is actually a good thing, most traders are very happy because bitcoin as well as the other cryptocurrencies are volatile, because this is actually what they need and is an important ingredient in trading so volatility is really not a problem.
member
Activity: 490
Merit: 10
Platform for Cross Chain Fundraising
May 26, 2018, 06:08:42 AM
The value of bitcoin can't be determine every year because of its unstable price. The value itself can be low or high, it depends on the investor who invest in bitcoin. People is one reason that can affect the price of bitcoin so let us help for its popularity.
jr. member
Activity: 200
Merit: 1
May 18, 2018, 02:46:38 AM
The value of bitcoin depends on a lot of things i would say it is the first coin that is the one and most important thing also it is one of the best ideas and people want it is wanted at the moment but that is also because of the price more and more people are starting with it.

Bitcoin is only a tool to support the existing blockchain technology that are being develop today by many investors which believe in projects they choose. Pertaining the value of bitcoin, because many people invest on it, the supply of bitcoin increase due to the rising in the demand of potential projects that would have higher return of investment if successful. Popularity maybe a factor but I think its the performance of the project would be the basis of its value. If bitcoin will be a big contributary to those project, then the value of bitcoin will rise as per demand of it will also increase.
newbie
Activity: 62
Merit: 0
May 15, 2018, 04:04:25 PM
If you would have analyzed the market frequently,it was more than $4400 price of BTC. Due to volatility,it can't stay at any fixed value.
Do not look on the dark sides of bitcoin market,the ups and downs will happen always as this process designates its importance more than before.
So yes this is the right moment to make your dreams come true by holding bitcoins.
True mate there is no possible in bitcoin as long as you are now joining here,everyday is a challenge for us to achieve our goal.,dont look really on tha bad side side that is very much a part of everything just do the best as you can do.
hero member
Activity: 966
Merit: 501
May 15, 2018, 03:31:08 PM
bitcoin will not be stopped because bitcoin is a very useful digital currency for the future, with prices still rising and falling this is a golden opportunity to benefit from it.

Bitcoin has value because it is as valuable as money. Bitcoin has the properties of money (durable, concise, exchangeable, rare, divisible, and recognizable) based on mathematical formulas rather than based on physical form (such as gold and silver) or trust in the central (such as fiat currency). In short, Bitcoin is supported by math. With these attributes, all that is required of money to have an exchange rate is trust and acceptance. In the case of Bitcoin, this condition can be measured by the growth of users, sellers and early users. Like other currencies, the value of bitcoin comes only from people who are willing to accept it as a means of payment.

The value of Bitcoin is increasing continously day by day slowly and steadily.Bitcoin is the number one cryptocurrency even after the fall in price.All the other altcoins are regulated with respect to Bitcoin only.Bitcoin is very valuable.It is even expensive than gold only.The value of bitcoin depends on the demand and supply forces.How much investment is done in bitcoin also determines the value of bitcoin.No one can stop bitcoin from getting famous.
member
Activity: 952
Merit: 41
May 15, 2018, 03:19:59 PM
Just believe the fact that bitcoin is a store of value, I know that the volatility of the bitcoin market makes it very hard for it future market to be predicted but in at that bitcoin will go so high in terms of price so as that bitcoin as a store of value will continue to increase it values as more people keep coming in to bitcoin.
newbie
Activity: 140
Merit: 0
May 15, 2018, 02:30:32 PM
The value of bitcoin is more than gold now and I'm very sure the bitcoin is important now to every traders
full member
Activity: 826
Merit: 111
May 15, 2018, 02:21:51 PM
No one cannt stop the growth of bitcoin because it is already very famous and popular among the people. The price of bitcoin is not stable always the price is fluctuates. Bitcoin is more valuable than others because it has more value than any other assets. Now the value of bitcoin is very low so this is the time to invest in bitcoin. Hold the  bitcoin for long term it will give more money than you invest. The value of bitcoin will increase in near future. Toll that hold it with patience.
newbie
Activity: 29
Merit: 0
May 15, 2018, 02:10:46 PM
bitcoin will not be stopped because bitcoin is a very useful digital currency for the future, with prices still rising and falling this is a golden opportunity to benefit from it.

Bitcoin has value because it is as valuable as money. Bitcoin has the properties of money (durable, concise, exchangeable, rare, divisible, and recognizable) based on mathematical formulas rather than based on physical form (such as gold and silver) or trust in the central (such as fiat currency). In short, Bitcoin is supported by math. With these attributes, all that is required of money to have an exchange rate is trust and acceptance. In the case of Bitcoin, this condition can be measured by the growth of users, sellers and early users. Like other currencies, the value of bitcoin comes only from people who are willing to accept it as a means of payment.
member
Activity: 140
Merit: 10
May 06, 2018, 03:32:36 PM
We can't imagine how bitcoin become famous today, from crap into a very precious thing as I've described. Bitcoin nowadays become popular and everyone wanting to have it as their investment. As it become valuable, the more it become influencial in the market.
full member
Activity: 462
Merit: 100
May 05, 2018, 09:07:58 AM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.
The value of bitcoin is really unpredictable we cant see when it will going to up and down thats me. I believe that it will go up but dont know what will be the next. The value is we know the best reason why we love btc meaning it is valuable because of its value.
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