Topic: The value of bitcoin remains the same (Read 293 times)
Those who argue that one Bitcoin remains one Bitcoin aren't seeing from the momentary value it's equated with but from the literary perspective. We know that price changes from time to time and that's what gives Bitcoin its value. I bet those who bought and saw the price at the last ATH of $68k+ would tell you that they're selling in loss now if they do sell at all. It could be they bought below $20k then but will tell you they're in loss even at the current price of $27k+ because they saw it hit $68k+ and are waiting for it to touch it or anywhere close to that before selling. So, value doesn't remain the same. I don't agree to that.
As long as there are people willing to buy bitcoin the value of bitcoin will never reach zero ever, I mean when you see the history I couldn't really imagine people not believing in it or just dropping a very low price. I mean in a sense it doesn't mean that it is not possible at all but at the same time, it doesn't mean that it's going to happen even though it is possible. If war explodes nobody would ever be interested in buying bitcoin unless you still have the capabilities to buy it instead of just focusing on surviving. If people are convinced that it is going to be the end of the world and we already have no future, nobody would ever still invest in bitcoin.
Bitcoin is still bitcoin, or should we say bitcoin technology, but for most people, this is just an investment, and even me so it all depends on the market price and that's how we value it period.
Never forget the Hodlers. They also play an important role here. Even if there are no recent buyers but as long as there are still people who will HODL their BTC, the price of it will never drop to zero.Bitcoin is still bitcoin, or should we say bitcoin technology, but for most people, this is just an investment, and even me so it all depends on the market price and that's how we value it period.
There are many reasons on why people sell their coins and it's not always when the value is pumping but sometimes it's when the value is crashing. They are scared and think Bitcoin will not recover anymore. They can check the history but not all times it can repeat and the price can recover again for some reasons and one of it is like you said, a world war might possibly sprung up in the future but even if all disappears Bitcoin will still remain as it was digital and its value as a technology is still there.
I think that while the idea of 1 btc = 1 btc is very appealing (in a way because it represents the law of identity, and we want to have more stability in our lives), it does not make much practical sense. Value can be subjective, and some can say that the price of Bitcoin doesn't represent its real value. But the price represents a sort of consensus of how much people are willing to pay for Bitcoin, for how much they are willing to sell it, and how many goods and services it can be directly or indirectly exchanged for. I'd say the value of Bitcoin changes because the price is merely an indicator of purchasing power. If one day you can exchange your Bitcoin for a Tesla car and another day you can only afford a motorcycle, it's a difference. Just like some time ago you could only exchange Bitcoin for a cup of coffee, whereas now it's way more than that.
That's an important point from a different angle. You can look at a fiat dollar bill. But you can't look at the fiat Bitcoin. So, which one really has more "substance?"
The inflation chart and future supply of Bitcoin is opposite with circulating supply of the US. dollar.The Fed’s $1.5 trillion loan injection, explained. $1.5T and FED have yet stopped printing new US. dollar into its circulation supply.
This is the best example of how our fiat right now, $1 is no $1 ($1 != $1).
Governments don't change their minds and they are free to print more money from small to big countries. Big countries look to are stronger than small countries to control their economic and financial collapses that happen with hyper inflation in small countries like Venezuela.The highest inflation rate in recent years was achieved in Venezuela in 2019. The inflation rate there was 9,586 percent. I don't expect to see any inflation rate nearly that one in big nations like the USA, UK as if it occurs, it would occur in a Greatest Recession in history.
Investing in bitcoin involves a high degree of risk and no one will be held responsible for the investment you make, that is completely self-conscious.
It seems you need to learn more about Bitcoin Value.
I never consider bitcoin investing to be high risk. Because I believe in Bitcoin. And I believe that Bitcoin will reach higher prices. For that, I sleep easy after investing in Bitcoin. Because I know I'll wake up and watch Bitcoin go up. I hold bitcoin investments until it rises. Don't worry about investing like others.It seems you need to learn more about Bitcoin Value.
You can say Bitcoin is risk free, but it all depends on where you keep your Bitcoin. and secure everything. many aspects that make Bitcoin a crypto asset that is considered the safest, it turns out that it also has risks for us, the holders.
If we look at the bitcoin chart we can see that the trend is exactly the opposite, so we have to forget about volatility and think about what will happen in the years to come. The longer the time horizon, the more purchasing power fiat currencies will lose and the more bitcoin will gain.
This is the best example of how our fiat right now, $1 is no $1 ($1 != $1).I can say it's because of inflation and that's one of the many that Bitcoin solves or fixes.
I believe that Bitcoin will not experience this as supply of Bitcoin will be limited only over the time not the same with fiat which they can print unlimited amount.
you have good faith. but do you plan when you will wake up and will see your Bitcoin? Are you sure that when you look at your Bitcoin, the market moment is exactly what you expected? it's all unpredictable, everyone who invests in Bitcoin has a strong belief.
You can say Bitcoin is risk free, but it all depends on where you keep your Bitcoin. and secure everything. many aspects that make Bitcoin a crypto asset that is considered the safest, it turns out that it also has risks for us, the holders.
Firstly, the market involved both bull and bear season and they're the seasons of the market. Either we are expecting a bull this time or bear, but to be on the safer side, Bitcoin should be stock in our hard wallets because there's so many dump projects out there in the market seeking for a trader's account to liquidate, and couple times I've recovered from my losses whenever there's pump in bitcoin. Bitcoin values varies in all seasons of the market, the most important thing is to make enormous profits from it whenever it either triggered in a bullish or bearish movement. You can say Bitcoin is risk free, but it all depends on where you keep your Bitcoin. and secure everything. many aspects that make Bitcoin a crypto asset that is considered the safest, it turns out that it also has risks for us, the holders.
It’s really junking hearing saying bitcoin has lost its values. Let me give you instance, if people reject from been a part of a club member does that makes you less human? NO. Bitcoin can never lose its values only price that deprecates on normal marketcap of cryptosystem and cryptocurrency. The figures remain same which makes the values same point, as long you keep holding, the price will definitely gets to your purchased value and gain better
Once you’re patient enough, you’ll definitely succeed in this bitcoin club. Just hold and wait patiently as time will speak for itself on your behalf. You’ll be surprised how big you’ll make it in this club, that will be the reward of your patience. So many market speculations and trends but just remain focus on achieving the main purpose investing, which is to make profit.
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even where you allow your investment to grow with bitcoin, be patients and watch time counting, bitcoin will surely proves many enemies, and bring them to the club as a bitcoiner.
If many people accept bitcoin's proof of existence and success, they'll all be in the club by now. Many so-called bitcoin critics have seen a lot of proven facts, but they still don't want to join the club. Nothing is forced here; anyone who wants to join is free to do so without being coerced.
Value is referred to as the quality feature which renders a thing desirable, bitcoin will always be valuable because it has stood the test of time, however, the price of bitcoin possesses a volatile nature.
Investing in bitcoin involves a high degree of risk and no one will be held responsible for the investment you make, that is completely self-conscious.
It seems you need to learn more about Bitcoin Value.
I never consider bitcoin investing to be high risk. Because I believe in Bitcoin. And I believe that Bitcoin will reach higher prices. For that, I sleep easy after investing in Bitcoin. Because I know I'll wake up and watch Bitcoin go up. I hold bitcoin investments until it rises. Don't worry about investing like others.It seems you need to learn more about Bitcoin Value.
You can say Bitcoin is risk free, but it all depends on where you keep your Bitcoin. and secure everything. many aspects that make Bitcoin a crypto asset that is considered the safest, it turns out that it also has risks for us, the holders.
I think bitcoin's value will rise in the next decade. When mass adoption will hit and people realize that bitcoin is not just an asset to invest in but the freedom and privacy, its value will go up for sure.
The mass adoption that you are referring to has indeed occurred in several countries in the world, such as in El Salvador. And it is likely that this will continue to spread to other countries if Bitcoin continues to be seen by many people and also many parties as a very good asset and not only good for investment.a very good assumption but untenable as it is not supported by any clear source, it's just your guess. basically the price of bitcoin cannot be predicted unless there is news bitcoin stating it is legalized in a country or something like that it is clear that bitcoin will increase in price or for example elon musk accepts transactions using bitcoin.
And what you also need to know is that Bitcoin was created not for Elon Musk, even though Elon Musk has the power to make a news very viral and it will have a good effect on certain products that he says, but without even saying it by Elon Musk himself Bitcoin is very trusted by many people at this time and also countries like El Salvador have adopted it like a normal currency. Investing in bitcoin involves a high degree of risk and no one will be held responsible for the investment you make, that is completely self-conscious.
It seems you need to learn more about Bitcoin Value.
I never consider bitcoin investing to be high risk. Because I believe in Bitcoin. And I believe that Bitcoin will reach higher prices. For that, I sleep easy after investing in Bitcoin. Because I know I'll wake up and watch Bitcoin go up. I hold bitcoin investments until it rises. Don't worry about investing like others. It seems you need to learn more about Bitcoin Value.
I think bitcoin's value will rise in the next decade. When mass adoption will hit and people realize that bitcoin is not just an asset to invest in but the freedom and privacy, its value will go up for sure.
And another good thing about bitcoin is that his value won't go down. Only up.
a very good assumption but untenable as it is not supported by any clear source, it's just your guess. basically the price of bitcoin cannot be predicted unless there is news bitcoin stating it is legalized in a country or something like that it is clear that bitcoin will increase in price or for example elon musk accepts transactions using bitcoin. And another good thing about bitcoin is that his value won't go down. Only up.
I think bitcoin's value will rise in the next decade. When mass adoption will hit and people realize that bitcoin is not just an asset to invest in but the freedom and privacy, its value will go up for sure.
And another good thing about bitcoin is that his value won't go down. Only up.
And another good thing about bitcoin is that his value won't go down. Only up.
Value is relative. And it also doesn't remain the same. I'm not talking of the price, of course.
To somebody living in Beirut where money in the banks could not even be withdrawn, Bitcoin is more valuable. In the same manner that Bitcoin is certainly more valuable to somebody who's from Ukraine trying to evacuate and cross borders than one who is living peacefully in a place where businesses are freely operating and bombs are not dropped anytime of the day. Bitcoin is also more valuable to a father who's from El Salvador working in the US who has to send money to his family every pay day.
To somebody living in Beirut where money in the banks could not even be withdrawn, Bitcoin is more valuable. In the same manner that Bitcoin is certainly more valuable to somebody who's from Ukraine trying to evacuate and cross borders than one who is living peacefully in a place where businesses are freely operating and bombs are not dropped anytime of the day. Bitcoin is also more valuable to a father who's from El Salvador working in the US who has to send money to his family every pay day.
I can not say certainly about future of Bitcoin but you must have knowledge about it, experience with it then belief will come to you.
This is correct, before I don't believe and understand what really bitcoin is. But as time pass by I realized when knowledge came into my mind about in bitcoin, I suddenly got an interest yo know at to have it as well, and been planning to have it as long as I can until bull run comes back in the market.
Stock markets have a lot of variables, and $USD is the currency used in measuring the value of those assets on the exchanges, but then if you avoid DCA, you may never lose your bits again because 1BTC=1BTC.
I will put the image that appears in the article to exemplify with visibility.
If we look at the bitcoin chart we can see that the trend is exactly the opposite, so we have to forget about volatility and think about what will happen in the years to come. The longer the time horizon, the more purchasing power fiat currencies will lose and the more bitcoin will gain.
That's an important point from a different angle. You can look at a fiat dollar bill. But you can't look at the fiat Bitcoin. So, which one really has more "substance?"
Value of bitcoin can vary and it depends on adoption and users count
price
values
value
are 3 different things
price is the speculative spot market (volatile and moves fast)
value is below the market. its the support that holds it currently above $15k
values is the sentimental benefits/features/utility/desire
2 metrics are numeric 1 metric is speculative emotion
value(numeric metric) moves at a slower pace to price
value sits below the market to keep it from being non-zero bottom
premium is above the market to keep it from bubbling too high above speculation
bitcoins 6month average value-premium is about $15k-$100k
bitcoins recent fortnight value-premium is about $18k-$118k
the market sits within that window
values
value
are 3 different things
price is the speculative spot market (volatile and moves fast)
value is below the market. its the support that holds it currently above $15k
values is the sentimental benefits/features/utility/desire
2 metrics are numeric 1 metric is speculative emotion
value(numeric metric) moves at a slower pace to price
value sits below the market to keep it from being non-zero bottom
premium is above the market to keep it from bubbling too high above speculation
bitcoins 6month average value-premium is about $15k-$100k
bitcoins recent fortnight value-premium is about $18k-$118k
the market sits within that window
Its really junking hearing saying bitcoin has lost its values. Let me give you instance, if people reject from been a part of a club member does that makes you less human? NO. Bitcoin can never lose its values only price that deprecates on normal marketcap of cryptosystem and cryptocurrency. The figures remain same which makes the values same point, as long you keep holding, the price will definitely gets to your purchased value and gain better even where you allow your investment to grow with bitcoin, be patients and watch time counting, bitcoin will surely proves many enemies, and bring them to the club as a bitcoiner.
As long as there are people willing to buy bitcoin the value of bitcoin will never reach zero ever, I mean when you see the history I couldn't really imagine people not believing in it or just dropping a very low price. I mean in a sense it doesn't mean that it is not possible at all but at the same time, it doesn't mean that it's going to happen even though it is possible. If war explodes nobody would ever be interested in buying bitcoin unless you still have the capabilities to buy it instead of just focusing on surviving. If people are convinced that it is going to be the end of the world and we already have no future, nobody would ever still invest in bitcoin.
Bitcoin is still bitcoin, or should we say bitcoin technology, but for most people, this is just an investment, and even me so it all depends on the market price and that's how we value it period.
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