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Topic: The value of bitcoin? - page 2. (Read 4486 times)

member
Activity: 644
Merit: 10
COVIR.IO
September 07, 2018, 11:58:54 PM
The value of bitcoin is on security and limitation on supply. Maximum supply of bitcoin already pegged on 21million coin and no one control the supply. Beside that, the value of bitcoin is unhackable transaction data and its make trust on bitcoin price.
newbie
Activity: 70
Merit: 0
September 07, 2018, 10:07:51 PM
We see more of a speculative asset than a currency which is the main reason why the value fluctuates a lot presently, and in the presence of mainstream adoption where bitcoin is being used for what is what created for, we will get to see more interesting move and less volatility in the long run.
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
August 31, 2018, 01:18:00 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.
I don’t think Bitcoin has a particular number that we can just say that’s the value, nothing at all. There was a time when you’d use about 10,000 BTC just for a two pizzas  but now it’s different, 10,000 BTC can get you a big house and fill your garage with cars and even make you a millionaire, cause it’s worth a lot of money.

But don’t forget that it is volatile, and like I said, I don’t think there is any particular thing as value in Bitcoin, it can fall down to $1 today and before you wake up tomorrow it’s already at the rate of $10,000. So I will just say that whatever you’re seeing in the market is the current value for it.
newbie
Activity: 89
Merit: 0
August 30, 2018, 12:41:18 PM
I think bitcoin now is more popular to many people and countries.Because many people dump the price to buy cheap bitcoin to expect earn profit in the near future.Young,old all people are interest in to bitcoun.Because the value of bitcoin is unpredictable. Cheesy Cheesy
newbie
Activity: 30
Merit: 0
August 30, 2018, 05:47:49 AM
The value of bitcoin lies in the use of the holder. There are many ways to comment in a subjective way, but it doesn't have a basis.
member
Activity: 279
Merit: 13
August 30, 2018, 05:45:23 AM
The value of bitcoin right now is lower but we don't need to panic because this is normal situation in crptocurrency world and we can not control the value of bitcoin.
But bitcoin can change my life to be good
full member
Activity: 322
Merit: 100
August 30, 2018, 04:26:56 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.

You cannot control the value of the bitcoins alone it needs a lot of people at the same time in order to change the value like for example if you wanted the price to go up tou can never do it by yourself not unless you will buy a huge quantity which is way too impossible. So all you can do it just wait for the right moment for the bitcoins to rise again and then sell if you wanted to.
member
Activity: 280
Merit: 10
★Bitvest.io★ Play Plinko or Invest!
August 29, 2018, 05:46:43 PM
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.

As of now the value of bitcoin is very low. So we have to hold because this time is not good to sell our coins for a low prices so that we can secure our money not to lose our profits. So patience is the best applicable in this situations.
newbie
Activity: 126
Merit: 0
August 29, 2018, 05:12:57 PM
The value of bitcoin is very important for us. Maybe,we all know bitcoin value depends on a bunch of people who became interested to invest their money through bitcoin.Bitcoin is meant to be used as a currency in the first place and they must use it like what it is intended to for it to gain value from pure demand alone.Bitcoin has value as a private digital currency.
full member
Activity: 476
Merit: 100
August 28, 2018, 05:31:42 PM
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.
AS for today the value of bitcoin is quiet low and I guess this is the best time for investors to buy for more bitcoin. Bitcoin for me will be increasing this coming months and how lucky for those who have hold bitcoins in their wallet for they will have huge profit soon.
full member
Activity: 308
Merit: 102
August 28, 2018, 05:16:13 PM
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.
If you want to invest, you have to understand the risks. And the volatility you wrote about is normal for a digital asset named bitcoin. This is all speculation, everyone wants to make money on it.
newbie
Activity: 53
Merit: 0
August 23, 2018, 11:54:03 AM

Yes, it's a seven. Because bitcoin says the whole world is honest. The value of this coin must be very high. Therefore, investors around the world invest in it. Most of all, it invests in making more profits. There are a number of businesses that run across bitcoin. This is a great investment for us and the country. And today's value has dropped, so investing in today is a great advantage in the future.
newbie
Activity: 86
Merit: 0
August 23, 2018, 12:24:17 PM
I think bitcoin now is more popular to many people and countries.Because many people dump the price to buy cheap bitcoin to expect earn profit in the near future.Young,old all people are interest in to bitcoun.Because the value of bitcoun is unpredictable. Wink Wink
newbie
Activity: 53
Merit: 0
August 23, 2018, 11:36:07 AM

Bitcoin value is now lower. It is a normal situation. Because the bitcoin value varies periodically. bitcoin is a whole world recognized. Investors are investing heavily here. It has a lot of value. Now, while the value of bitcoin is down, this value is likely to increase over the next few years. Today, the value of this is $ 6400. Investors expect to make a big profit. bitcoin will increase its value in the coming years
sr. member
Activity: 629
Merit: 252
August 21, 2018, 06:42:14 PM
The determinants of increasing bitcoin depend on demand and that will make prices go up. Now bitcoin is experiencing a critical period and we must be patient for that.

Yup and it's hard to tell what will be now. Maybe it can road to the $5000 or it will grow back to 20k. Situation on the market is totally unstable and we can't know, what we will see in the future.
full member
Activity: 378
Merit: 100
ApolloX
August 21, 2018, 05:43:44 PM
Well, the price of BTC today is an extremely complicated thing because lots of interested parties are involved in it, traders, investors, holders etc. As for me it should be around 10k$.
full member
Activity: 406
Merit: 100
August 21, 2018, 05:43:20 PM
Volatility is determined solely by bitcoin holders. If you panic, you sell cheaply, if you don't you sell at a good price for you. I believe bitcoin's  value is more in the services it provides to people with ease  than in it's price.
people when they see prices go down, they often directly sell them, even though the people who sell them or panic are those who make prices go down again, actually everything is how courage to hold the panic
jr. member
Activity: 238
Merit: 1
August 21, 2018, 03:42:04 PM
It seems amazing to most people when they come to analyze what is happening to bitcoin. I get the same impression and i begin to ask myself that what is causing this dip and will i gain the amount i invested in back?
member
Activity: 322
Merit: 12
August 21, 2018, 10:43:10 AM
Volatility is determined solely by bitcoin holders. If you panic, you sell cheaply, if you don't you sell at a good price for you. I believe bitcoin's  value is more in the services it provides to people with ease  than in it's price.
legendary
Activity: 1568
Merit: 1002
August 21, 2018, 10:39:38 AM
I feel that even though the value of bitcoin has fallen and I noticed it was stagnant at $6.4k from yesterday, but that value is still the best price I think, because bitcoin can still survive and not fall deeper than $5k.
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