What is the real value of bitcoin and cryptocurrency

iMark

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I think Bitcoin and crypto pricing are both volatile, so we cannot say for certain when the price will outperform the community. However, in most cases, when the price of Bitcoin goes up, the down effects of altcoins fall.
Well, I think that when we see the value of bitcoin, we should accept it as the right price.

actually we can't be sure what the price should be for bitcoin, yeah the price of bitcoin will be in accordance with demand, but we know that sometimes manipulation occurs in the market, thus making the bitcoin market go up and down, and we don't know the right price for bitcoin because of that, and not our right to ensure that ?

reality18

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The value of Bitcoin is determined by how much investors and traders utilizes it on the market. Bitcoin still have a long way to go despite its achievements. Reaching a global adoption is one of the topmost priorities of Bitcoin.

Spaffin

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In fact, it is more realistic to name the advantages of cryptocurrency if it is fully used in the daily life of a person. But determining the real value of cryptocurrency is very difficult or almost impossible. Take, for example, Bitcoin, which is limited in number and even if you distribute one Bitcoin to each person, then there will still not be enough for everyone. And here, the price will be affected by supply and demand.

jakoylantern

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For me, the real value of bitcoin and another cryptocurrency is a way the new level of currency / physical cash. When it comes to cryptocurrency, the transaction will be less hassle because it is digital and you can pay your bills through the internet without a long queue. Also, the transactions might become much faster, and bitcoin capability has way more to offer.

NeuroticFish

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If we reach the point crypto is bought only for real money (meaning no stable coin tricks, no fractional reserve tricks and so on) then the prices on the market should show the "real value" (*).
Yes, this would mean regulations, KYC and a lot of things many of us don't like.

Because the "real value" is after all how much are people willing to pay for it....

(*) I used here the term "real value" in the way it's discussed, meaning real price. Imho the real value of Bitcoin is way beyond its price just because of the great invention it is and because it marks a great leap forward in the evolution of global economics.

dioanna

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if we are looking for the real value i guess it can be determine on its stability which we can see on fiat
on the other side bitcoin and altcoins are deflationary coins and are not generally use on a daily basis compare to fiat
we can only speculate price by referring to its supply available in the market.

DoublerHunter

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There's no real value of bitcoin, how could you prove that there's a value on it. That's why Bitcoin price fluctuates because of demand and supply. So commonly, the value will depend on it and you cant say the fixed value on it. The value was made expensive if the supply becomes countless rather than the demand. The fact is no real value.

Distinctin

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The real value of crypto curency and bitcoin can be seen on the coin market cap you can see it on a different chart and we need to look at its present price on the chart because it keeps changing, we need to look at tge chart everytime because there is no crypto currency or maybe bitcoin that has a stable value. It can be change anytime without a prior noticeto the public.

Obviously that's the value if we based on it's current price, however, people sees differently especially those who fully understand what's happening with the crypto market. Sometimes bitcoin is overvalued when it's hype and therefore we can't say it's the real value as eventually it will drop due to correction.

The real value what we believe it should be and if we think at the moment it's undervalued, we take advantage on it and buy.

adzino

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The real value of the crypto currency is the current value. Listen, there is no fixed value of crypto currencies. The price will always fluctuate since the market is an open free market and the value is determined by the demand and supply. We just know that in the case of bitcoin, in the long run, the price will be higher than what it is now since the supply is limited, but the demand will be increasing along with the population increase.

samcrypto

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Quote from: Leyss on July 06, 2019, 12:54:12 AM

In fact, Bitcoin has no real value. Its price is determined by the ratio between supply and demand, which are never constant. Therefore, the real value of Bitcoin can only be set at a certain point. Already in the next second its price will change.
Nothing can be done, such is the nature of a decentralized cryptocurrency. This is its advantage and disadvantage at the same time.

The value will depend on the investors, they are not fixed because of many pumps and dumps. We can't say the exact value of cryptocurrency but we know its true worth. Bitcoin may not be fixed in terms of its price, but if you look on blockchain technology we can say that they are more valuable compare to any technologies or to any companies. Real values will not matter on a volatile market because it can't be fixed on one place.

geegaw

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Quote from: shulc7 on July 04, 2019, 03:33:51 PM

Quote from: ck343 on June 30, 2019, 12:58:06 PM

Cryptos' value consists in their usability, in their potential or actual role within the financial system, in the benefits they offer to the participants.
Cryptos that get used just as a speculative vehicle, a way to make money quickly, like most cryptos today, in my view have no value.

And it also depends on the demand. The more people are interested in Bitcoin, the more chances it has to grow. If we speak about the price of Bitcoin, it may not corresponds to its real value. However, it is just my viewpoint.

It seems to me that today the majority of users of cryptocurrencies see in cryptocurrency only a real opportunity to earn, and not the practical possibilities that cryptocurrency can provide. Perhaps this is precisely why it is speculators who influence prices, and not the developers of their projects.

Perhaps the actual ability of crypto and bitcoin is still too little, more accurately, these capabilities still have no breakthrough development, almost all the features of crypto and bitcoin cannot compete with some similar technologies, the real value is almost non-existent. But in return, bitcoin and crypto are as you say, it is an infinite opportunity to make money if we make good use, a place worth investing, so even if many projects do not provide real value clearly, people still invest, they only care about the need to buy and sell, combined with news, real or fake is not important

Leyss

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In fact, Bitcoin has no real value. Its price is determined by the ratio between supply and demand, which are never constant. Therefore, the real value of Bitcoin can only be set at a certain point. Already in the next second its price will change.
Nothing can be done, such is the nature of a decentralized cryptocurrency. This is its advantage and disadvantage at the same time.

Lanatsa

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Quote from: carodupuis on July 04, 2019, 05:09:25 AM

Quote from: Jansenist on May 22, 2019, 10:06:50 AM

First and foremost since the bitcoin price tend to follow a quite snappy dynamic it is hard to really apprehend its real value. basically market cap is derived from the number of active user on the network multiplied by the bitcoin price. in the end bitcoin market cap always tend to be far above expert' expectation, but does it mean it is overvalued. it is understandable that bitcoin appears like it has availed from the hype it created throughout the internet communities, but i think that the hype is gone now since its creation and guess what bitcoin still follows the same pattern and cycle it used to, hinting that somehow it could benefit from this hype but is not driven by it alone.

Like any market, bitcoin price assess on supply and demand while buyer and seller determine the value. according to a recently read article on investopedia, expert follows the Metcalfe'law to determine the value of a network which suggest to square the number of network user, in that scheme expectation is far below the current market valuation, but where does bitcoin gain its real value?

in fact i think that bitcoin gain it value from itself and its features, this is a relatively unseen technology that suggest new ways to do things, basically it will benefits from continious boost that will allow it to follow a certain pattern and eventually this will stop being called hype.

https://www.investopedia.com/news/bitcoin-overvalued-researchers-say/

Bitcoin is an digital asset and there is nothing like the real value, the value is only based on the rate of demand and supply… as the demand goes up the value will increase. It’s not a currency,… if it was currency we would have said that the value is worth what it is… just like $1 is $1 but the purchase either increase or decrease… And that depends on some certain factors which will determine where its really heading to. So Bitcoin value is whatever you are seeing now.

I dont know why people are worrying too much or trying to compare things up about value.We are indeed seeing basing on the current demand.It may not be a
currency but this one is really valuable due to its innovative tech benefits that it gives when it comes to payment system and thats the main reason why its being
supported.Real value would always matter on the community that do supports behind it.

shulc7

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Quote from: ck343 on June 30, 2019, 12:58:06 PM

Cryptos' value consists in their usability, in their potential or actual role within the financial system, in the benefits they offer to the participants.
Cryptos that get used just as a speculative vehicle, a way to make money quickly, like most cryptos today, in my view have no value.

And it also depends on the demand. The more people are interested in Bitcoin, the more chances it has to grow. If we speak about the price of Bitcoin, it may not corresponds to its real value. However, it is just my viewpoint.

carodupuis

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Quote from: Jansenist on May 22, 2019, 10:06:50 AM

First and foremost since the bitcoin price tend to follow a quite snappy dynamic it is hard to really apprehend its real value. basically market cap is derived from the number of active user on the network multiplied by the bitcoin price. in the end bitcoin market cap always tend to be far above expert' expectation, but does it mean it is overvalued. it is understandable that bitcoin appears like it has availed from the hype it created throughout the internet communities, but i think that the hype is gone now since its creation and guess what bitcoin still follows the same pattern and cycle it used to, hinting that somehow it could benefit from this hype but is not driven by it alone.

Like any market, bitcoin price assess on supply and demand while buyer and seller determine the value. according to a recently read article on investopedia, expert follows the Metcalfe'law to determine the value of a network which suggest to square the number of network user, in that scheme expectation is far below the current market valuation, but where does bitcoin gain its real value?

in fact i think that bitcoin gain it value from itself and its features, this is a relatively unseen technology that suggest new ways to do things, basically it will benefits from continious boost that will allow it to follow a certain pattern and eventually this will stop being called hype.

https://www.investopedia.com/news/bitcoin-overvalued-researchers-say/

Bitcoin is an digital asset and there is nothing like the real value, the value is only based on the rate of demand and supply… as the demand goes up the value will increase. It’s not a currency,… if it was currency we would have said that the value is worth what it is… just like $1 is $1 but the purchase either increase or decrease… And that depends on some certain factors which will determine where its really heading to. So Bitcoin value is whatever you are seeing now.

Best Dreams

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Quote from: otong on June 30, 2019, 09:20:58 AM

Quote from: semobo on June 03, 2019, 05:07:11 AM

The money and the cryptocurrency is different in this world because people were thinking the cryptocurrency or not like money and we don't have the opportunity to used in our daily life but when we think about the Bitcoin it will reach the people a lot in recent times and there will be lots of payment options are available now to pay directly with Bitcoin so nowadays the Bitcoin is more valuable than the normal money this is the true fact also.

Crypto currencies may be a breakthrough from economic development by keeping up with the times and technology and we can also see from countries that are developing economically and technology using crypto currencies to be the official currency used in their economies

No doubt crypto currency has given economical development to so many countries, it made state even better for us to give our generation will get more opportunities for earning because of crypto currency. it has good value in all markets, in other business and investments we don’t get such beautiful offers and fast growth of money so crypto currency has good value specially the bitcoin is unbeatable.

viananda2525

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Quote from: strunberg on July 03, 2019, 12:13:14 PM

Quote from: Finestream on July 03, 2019, 07:58:29 AM

Quote from: FlightyPouch on July 03, 2019, 06:06:50 AM

Quote from: Adriano2010 on June 08, 2019, 07:45:35 AM

The value of crypto is given by people, if there come a lot of people and buy, then the price can go to at least 100k on short time, or even higher but we need that most people buy.

Don't give them hope like that, it is not like that since it will not just pump into 100K that fast. It is true that it is a volatile crypto currency but there will always be a correction and always investors that will take advantage of this price pump. We may see $30K to $35K but I don't think we will be seeing a $100K this year or next year.

I agree with you.Even if most of the people will start buying bitcoin and other crypto coins,it's not a guarantee that crypto price will goes up in a short span of time.Of course there will be fluctuations that will surely occur knowing most of the crypto coins are very volatile in nature.

we have to educate new investors or people around us about bitcoin.most of them tempted by short profit if they buy it,its totally wrong opinion about bitcoin.we have to educate them about the value behind the bitcoin price.its more valuable if we understand the technology and reason to adopt it in our real life.most of people miss this thing while they decided to invest their money.

its very rare to find investors that understand how important was bitcoin and blockchain besides its value itself.most of them just thinking about its value , and set aside about its function.

strunberg

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Quote from: Finestream on July 03, 2019, 07:58:29 AM

Quote from: FlightyPouch on July 03, 2019, 06:06:50 AM

Quote from: Adriano2010 on June 08, 2019, 07:45:35 AM

The value of crypto is given by people, if there come a lot of people and buy, then the price can go to at least 100k on short time, or even higher but we need that most people buy.

Don't give them hope like that, it is not like that since it will not just pump into 100K that fast. It is true that it is a volatile crypto currency but there will always be a correction and always investors that will take advantage of this price pump. We may see $30K to $35K but I don't think we will be seeing a $100K this year or next year.

I agree with you.Even if most of the people will start buying bitcoin and other crypto coins,it's not a guarantee that crypto price will goes up in a short span of time.Of course there will be fluctuations that will surely occur knowing most of the crypto coins are very volatile in nature.

we have to educate new investors or people around us about bitcoin.most of them tempted by short profit if they buy it,its totally wrong opinion about bitcoin.we have to educate them about the value behind the bitcoin price.its more valuable if we understand the technology and reason to adopt it in our real life.most of people miss this thing while they decided to invest their money.

Finestream

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Quote from: FlightyPouch on July 03, 2019, 06:06:50 AM

Quote from: Adriano2010 on June 08, 2019, 07:45:35 AM

The value of crypto is given by people, if there come a lot of people and buy, then the price can go to at least 100k on short time, or even higher but we need that most people buy.

Don't give them hope like that, it is not like that since it will not just pump into 100K that fast. It is true that it is a volatile crypto currency but there will always be a correction and always investors that will take advantage of this price pump. We may see $30K to $35K but I don't think we will be seeing a $100K this year or next year.

I agree with you.Even if most of the people will start buying bitcoin and other crypto coins,it's not a guarantee that crypto price will goes up in a short span of time.Of course there will be fluctuations that will surely occur knowing most of the crypto coins are very volatile in nature.

FlightyPouch

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Quote from: Adriano2010 on June 08, 2019, 07:45:35 AM

The value of crypto is given by people, if there come a lot of people and buy, then the price can go to at least 100k on short time, or even higher but we need that most people buy.

Don't give them hope like that, it is not like that since it will not just pump into 100K that fast. It is true that it is a volatile crypto currency but there will always be a correction and always investors that will take advantage of this price pump. We may see $30K to $35K but I don't think we will be seeing a $100K this year or next year.

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