Topic: The value of bitcoin? - page 7. (Read 4489 times)

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.

after seeing the opportunities now many people are interested to ride with bitcoin, I think we can't determine what can be the end value its still too early to assess, with the volume numbers compared to possible end users, surely the value of this coin can reached the highest pick that we expected to be, more years of never ending sway, the volatile market will continue as people with different approach will come and past to try their own luck with this crypto industry.

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.

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.

I see the price of bitcoin is badly destroyed now. This can make a lot of people panicked so selling some bitcoinnya make the price more destroyed only. Preferably when prices like this we keep nenahannya to inhibit the decline in prices. You should know, this price drop is due to the number of people selling bitcoins.

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.

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.

What do you think about the value of bitcoin ? that people like bitcoin like gold have? Bitcoin is like a precious metal bitcoin as measured by the bitcoin values given to each person who realizes it.

That is really true that the community for bitcoin has the highest pool, perhaps the largest market cap. But the coin is too volatile to determine its value based on market cap alone. Besides the total number of coins in circulation are too small for such a potential coin. This coins are too volatile and making predictions of prices will definitely not be true. The demand will determine the supply. As at now most people are receding from investing into bitcoin.