Pages:
Author

Topic: The value of bitcoin? - page 6. (Read 4486 times)

hero member
Activity: 756
Merit: 500
July 06, 2018, 05:30:19 PM
Well i think bitcoin worth more than gold right now and have bright future in financial market also I'm very sure the bitcoin is important now to every traders
newbie
Activity: 126
Merit: 0
July 06, 2018, 04:16:46 PM
Since the starting of bitcoin a few number of people invest into bitcoin.But now a lot of number peoples invest into bitcoin because bitcoin is promising crypto coin and very potential coin.peoples gain profit to invest into bitcoin.In a word bitcoin become a valuable thing to the peoples.

Yes bitcoin becomes very popular recently, and this is amazing because nobody thought about it a year ago, and now the whole world is like boiling from all of this bitcoin and blockchain technologies, opportunities.
Yes now a day the value of bitcoin is increasing more and more which will never stop because bitcoin is the most useful digital currency, which has high profit for those who use to buy at low and sell high, now is the best opportunities for those who want to benefit it buying low, now bitcoin is being recognize worldwide but it is going to be more and more than this for higher value and importance in market.
member
Activity: 239
Merit: 10
July 05, 2018, 10:59:38 AM
 I heard that bitcoin price consist from people agreement and demand, so when people would be no more interested in Bitcoin and not ready anymore to buy it I think it would be just destroyed...
full member
Activity: 392
Merit: 100
ADABsSsSsSsSSSsS
July 05, 2018, 08:37:00 AM
Value of bitcoin is the major issue these days as BTC has faced a major downfall in previous two months.Some countries had ban bitcoin and some fake news regarding bitcoin like bitcoin is going to end soon,bitcoin  is a scam are the major reasons which affect the price of BTC.It was expected that the value of BTC will reach 10k or 13k by the end of this year but after looking at the graph of previous months now it is expected that the value of BTC will reach only 7k or 8k by at the end of 2018.

Well, fud is always the problem why the market prices are keep on decreasing and people are not well knowledgeable as well that's why they sell their coins at the lowest price when the feel pressure towards the market values.
full member
Activity: 397
Merit: 100
July 05, 2018, 08:32:53 AM
Value of bitcoin is the major issue these days as BTC has faced a major downfall in previous two months.Some countries had ban bitcoin and some fake news regarding bitcoin like bitcoin is going to end soon,bitcoin  is a scam are the major reasons which affect the price of BTC.It was expected that the value of BTC will reach 10k or 13k by the end of this year but after looking at the graph of previous months now it is expected that the value of BTC will reach only 7k or 8k by at the end of 2018.
sr. member
Activity: 462
Merit: 250
Arianee:Smart-link Connecting Owners,Assets,Brands
July 05, 2018, 08:06:06 AM
I am a beginner in the world of crypto. how bitcoin can have value? I see very large bitcoin price growth. many earned a profit last year when bitcoin prices hit $ 19,000. now how can bitcoin decrease greatly? does nothing set in the rise and fall in bitcoin prices?

You should know what will you going to invest. There's a lot of question for you can understand bitcoin. A lot of question will going to be ask, also  a lot of scammer you will going through. You must need some introduction for you can invest in cryptocurrency
newbie
Activity: 140
Merit: 0
July 05, 2018, 07:44:34 AM
I am a beginner in the world of crypto. how bitcoin can have value? I see very large bitcoin price growth. many earned a profit last year when bitcoin prices hit $ 19,000. now how can bitcoin decrease greatly? does nothing set in the rise and fall in bitcoin prices?
newbie
Activity: 98
Merit: 0
July 05, 2018, 07:31:46 AM
The value of Bitcoin also comes from trust, but it is not behind the government's credit endorsement!
This kind of trust comes from the simplicity and power of Bitcoin technology. It comes from the idea of transcending the era, from the dissatisfaction with the existing monetary system, from the natural yearning of human beings for progressive things.
full member
Activity: 392
Merit: 100
ADABsSsSsSsSSSsS
July 05, 2018, 07:30:20 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 bitcoins is always depending on supply and demand so obviously, the market price will always pump or dump depending on how the investors are reacting on the speculations regarding on the market prices.
full member
Activity: 476
Merit: 102
July 05, 2018, 06:28:40 AM
Nowadays the value of bitcoin is around 6,600 USD and it is slightly recover for almost 3% at 24 hours past. Hoping this price recover this early of July 2018 will continue until hitting the highest price. Many people nowadays are expecting that this month of July the value of bitcoin will start recover and currently the price of bitcoin slightly pump.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
July 05, 2018, 05:19:40 AM
maybe we don't know how much the value of bitcoin because the price is always up and down and still too volatile. but I believe that the bitcoin value will be more expensive than now because the price can increase high from time to time. and besides of increase, the price can also decrease at any time so we are difficult to determine how much the value. bitcoin is different than gold that has physical form and people can determine the value of gold but in bitcoin, the value will still change in every day.
sr. member
Activity: 658
Merit: 250
July 04, 2018, 03:35:29 AM
If the gold value was based on what it takes to mine it then the price wouldn't be so high. After all, they use slave children to mine and pay the families peanuts. There are several but the most significant parameter is the quotation established by the "fixing".

If the volatility is not something that people can handle then the cryptocurrency market is certainly not for them. Because there is not a lot much more volatile than cryptos

I agree. The problem here is that we can see what the price is whereas value is more of a concept that we don’t have an algorism to calculate. Anyway, if we don’t take into account offer and demand we can’t explain the value of bitcoin as well as many other assets and goods.

Adam Smith was right in some of his opinions and wrong in others, but we can’t take his opinions as dogmas of the Church.

What is the cost of labor involved in making a 100$ note? It is more or less the same as the cost of labor involved in making a 1$ note.


They say that the value of bitcoin comes low last year. But for me, the price of the bitcoin is hard to predict. Bitcoin gave us a lot of benefits that's why many people patronize it. The value of bitcoin is changeable so for us, the users, we need to cooperate when it comes to the value as I said it's gard to predict.
Exactly! It's hard to predict when high is high and when low is low, it's very uncertain. It can be very challenging to deal volatility, it's important that we learn to embrace its nature, its essence, and how it could be a great help to change standard of living. It takes strong willingness and patience to succeed and survive in the field. Despite price correction, I still trust and believe that bitcoin has the potential to recover and grow.
The value of bitcoin whether it rises or fall, both open opportunitues that can be very advantageous. When price drops, it's the appropriate time to buy more coins, hold, and sell high. It's very important that we keep on learning and be informed to broaden knowledge and awareness. Moreover, we should learn to realize that price movement is normal, the decline in price is temporary, and panic does not lead to productivity.
sr. member
Activity: 952
Merit: 250
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
July 04, 2018, 03:22:29 AM
If the gold value was based on what it takes to mine it then the price wouldn't be so high. After all, they use slave children to mine and pay the families peanuts. There are several but the most significant parameter is the quotation established by the "fixing".

If the volatility is not something that people can handle then the cryptocurrency market is certainly not for them. Because there is not a lot much more volatile than cryptos

I agree. The problem here is that we can see what the price is whereas value is more of a concept that we don’t have an algorism to calculate. Anyway, if we don’t take into account offer and demand we can’t explain the value of bitcoin as well as many other assets and goods.

Adam Smith was right in some of his opinions and wrong in others, but we can’t take his opinions as dogmas of the Church.

What is the cost of labor involved in making a 100$ note? It is more or less the same as the cost of labor involved in making a 1$ note.


They say that the value of bitcoin comes low last year. But for me, the price of the bitcoin is hard to predict. Bitcoin gave us a lot of benefits that's why many people patronize it. The value of bitcoin is changeable so for us, the users, we need to cooperate when it comes to the value as I said it's gard to predict.
Exactly! It's hard to predict when high is high and when low is low, it's very uncertain. It can be very challenging to deal volatility, it's important that we learn to embrace its nature, its essence, and how it could be a great help to change standard of living. It takes strong willingness and patience to succeed and survive in the field. Despite price correction, I still trust and believe that bitcoin has the potential to recover and grow.
full member
Activity: 896
Merit: 104
The Standard Protocol - Solving Inflation
July 04, 2018, 02:59:03 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 said yourself that you like the core concept of bitcoin and the volatility in its price is also one of its core concepts which means you will inevitably have to like it too.
The price of bitcoin has, since its inception, never been stable and this is gives people the opportunity to make profits. The pump and dump are what bitcoin traders capitalize on to earn. If the price is fixed, then there will be no way to make profits by buying and selling since you will be buying and selling at the same price.
However, if you feel you can't deal with the volatility of bitcoin, then the best thing to do is hold for a very long time or work for your bitcoins instead of trading.
newbie
Activity: 140
Merit: 0
July 03, 2018, 09:35:41 PM
any assets will increase in price every year. I believe in my assets that is crypto. I support crypto because the technology used can help everyone in the future.
newbie
Activity: 154
Merit: 0
July 03, 2018, 09:30:56 PM
Bitcoin was designed to be very volatile that why its value wont stay the same in a long time. The fluctuation of its price in beyond human perception that is why its hard to predict its price. That is why in investing in bitcoin there is a huge risk, you either go home a winner or a loser.
full member
Activity: 256
Merit: 100
July 03, 2018, 09:05:10 PM
If the gold value was based on what it takes to mine it then the price wouldn't be so high. After all, they use slave children to mine and pay the families peanuts. There are several but the most significant parameter is the quotation established by the "fixing".

If the volatility is not something that people can handle then the cryptocurrency market is certainly not for them. Because there is not a lot much more volatile than cryptos

I agree. The problem here is that we can see what the price is whereas value is more of a concept that we don’t have an algorism to calculate. Anyway, if we don’t take into account offer and demand we can’t explain the value of bitcoin as well as many other assets and goods.

Adam Smith was right in some of his opinions and wrong in others, but we can’t take his opinions as dogmas of the Church.

What is the cost of labor involved in making a 100$ note? It is more or less the same as the cost of labor involved in making a 1$ note.


They say that the value of bitcoin comes low last year. But for me, the price of the bitcoin is hard to predict. Bitcoin gave us a lot of benefits that's why many people patronize it. The value of bitcoin is changeable so for us, the users, we need to cooperate when it comes to the value as I said it's gard to predict.
member
Activity: 308
Merit: 10
July 03, 2018, 06:22:40 PM
the price of bitcoin is difficult to predict and has a constantly changing price and from that price change that gives an opportunity to gain profit, but the value of bitcoin from year to year always increases
Yes its value is more increase because bitcoin provide a lot of benefits to people and that's why they invest their money because they know it will give a lot of profit in future and they will create any business by its profit, so that's why its a fast life changer for people, that's why its valuable currency for people.
full member
Activity: 504
Merit: 100
July 03, 2018, 06:09:28 PM
the price of bitcoin is difficult to predict and has a constantly changing price and from that price change that gives an opportunity to gain profit, but the value of bitcoin from year to year always increases
member
Activity: 124
Merit: 10
July 03, 2018, 05:11:05 PM
Today the value of bitcoin is low. When the month pass i think when the christmass  season is coming the value of btc is going higher and higher. I think because in this season a lot of investors investing because he/she  know that this kind of month the price of bitcoin is high.when the december come price of bitcoin is high.
Pages:
Jump to: