In the most basic terms, it is worth whatever people are willing to pay for it.
Why is a Picasso painting worth hundreds of millions?
Why is a pokemon charizard card worth $5000?
Why is a rare ferrari worth $50 million?
SUPPLY AND DEMAND
Topic: What is the real value of bitcoin and cryptocurrency - page 2. (Read 10385 times)
The value of crypto and bitcoin depends on its demand or traders. The more people that demands bitcoin and crypto for daily uses will help to increase its value. And if there are many people doing trades on bitcoin or crypto to gain profit will help as well. Those only exist because of the internet and tech we have now. If people find something better than bitcoin and crypto, then it will slowly die until it becomes worthless.
when there is a correction that is real value for me, when prices rise many people speculate that it is manipulation by the whalesby inflating demand from their pockets, making news and so on to influence the market, when they sell the price will be corrected.
we cant say that crypto have fixed price, their value is always pump and dump, depend on request and buyer. the number can stay in one place if they have set the price. and i think crypto have real value, they will be digital money. and people like unstable value because they can take the advantage from that difference
Yes, we cant actually defined the price of bitcoin and it is not fixed or stable price just like fiat currency. Because bitcoin depends on the demand and supply when the demand goes up also bitcoin will make price makes expensive. This pump and dump will make bitcoin and other cryptos had profit, through trading people can easily make a profit on it. 
we cant say that crypto have fixed price, their value is always pump and dump, depend on request and buyer. the number can stay in one place if they have set the price. and i think crypto have real value, they will be digital money. and people like unstable value because they can take the advantage from that difference
We can talk about the cost of Bitcoin and another decentralized cryptocurrency only at a certain point, which is determined by the ratio between supply and demand. Talking in general about the cost of decentralized cryptocurrency does not make sense. At any second, their value may rise sharply or fall significantly. This will all be their real price.
Yes, and yes. So only real value is the value in this specific moment. Tomorrow real value can be very high or very low, that will be determined by the supply and demand. And we all know that in long run supply will be go down and there are very high chances that demand will rise, that will lead to the price rise. So people who don`t wish to bother their brains with calculating should just simply buy and hold.
I think this is not what OP meant
It seems like he refers to Bitcoin's value which it would have if there were no speculation ("bitcoin gains its value from itself and its features"), i.e. the value which comes through its real use, for example, by having "really convenient functionality for p2p payments". The difference is that the value which is reflected by the market (read, its price at some point in time) also includes Bitcoin's utility for speculation (i.e. how much you can potentially earn with it), and I daresay most if its value comes through this utility, not so much via its real use (for payments or whatever)
Good remarks!It seems like he refers to Bitcoin's value which it would have if there were no speculation ("bitcoin gains its value from itself and its features"), i.e. the value which comes through its real use, for example, by having "really convenient functionality for p2p payments". The difference is that the value which is reflected by the market (read, its price at some point in time) also includes Bitcoin's utility for speculation (i.e. how much you can potentially earn with it), and I daresay most if its value comes through this utility, not so much via its real use (for payments or whatever)
We must differentiate between value and price.
Price is simply the result of ask and bid, and can be influenced, e.g., by speculation, which today - as you rightly point out - seems to be the main factor of cryptos price movements.
Value concerns the role and the benefits offered by a currency within the economy of a country.
We can talk about the cost of Bitcoin and another decentralized cryptocurrency only at a certain point, which is determined by the ratio between supply and demand. Talking in general about the cost of decentralized cryptocurrency does not make sense. At any second, their value may rise sharply or fall significantly. This will all be their real price.
Predicting prices for cryptocurrency has always been difficult, and after the market has risen sharply and fell, it makes no sense to say anything without a certain experience. In any case, the fact that a cryptocurrency has a very high volatility, this is what attracts users of cryptocurrency to this type of activity, because it gives a good opportunity to get more profit.
We can talk about the cost of Bitcoin and another decentralized cryptocurrency only at a certain point, which is determined by the ratio between supply and demand. Talking in general about the cost of decentralized cryptocurrency does not make sense. At any second, their value may rise sharply or fall significantly. This will all be their real price.
If we consider the cost of cryptocurrency from the point of view of cost, with respect to Bitcoin and ethereum, information about the benefits of mining has long been disseminated. If Bitcoin has a price above $ 5,000, and the ethereum is above $ 250, then mining will pay off, of course, if you take into account all the costs of this activity. Based on this, I can judge the real value of Bitcoin and ETH.
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.
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.
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
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.
The value of crypto and bitcoin depends on its demand or traders. The more people that demands bitcoin and crypto for daily uses will help to increase its value. And if there are many people doing trades on bitcoin or crypto to gain profit will help as well. Those only exist because of the internet and tech we have now. If people find something better than bitcoin and crypto, then it will slowly die until it becomes worthless.
Real value of bitcoin depends on supply and demand and bitcoin is limited supply every time price gets pumped then btc prices increase . we cant estimate the btc price but right price is good to buy
There is a difference between price and value, the price of something is as you say determined by the supply and the demand and we are always trying to find the right price for every single asset in the world, but the value of something is what it offers and what characteristics make it useful, bitcoin offers their users the ability to send funds from one side of the world to the other with low fees and without any centralized third party being capable of blocking your transaction from the moment it was created, so the value of bitcoin was huge even if its price was zero at that time. This is probably one of the most difficult issues, because cryptocurrencies do not have physical embodiment, and the amount of money invested in them does not always correspond to the market price.
Here, the value is measured by the demand as I think. Crypto is a virtual currency, thus, if anyone is ready to buy it, let us say, for 100 thousand, its value is 100K. However, the price can be different.
I think the overarching value of bitcoin and cryptocurrency is teaching us all how to run and rebuild a community that truly works together. Rather than us all being sheeple following a government or a select group of people it's us reformating the way the world should work: collaborative
Very good answer.Yes, indeed, only the United community can assess the value of the cryptocurrency more accurately.For me, the value of cryptocurrency is not measured by numbers.I'm just delighted that with the help of cryptocurrency all mankind can become 1 organism without wars and territorial disputes.It is a great value definitely.
I think the overarching value of bitcoin and cryptocurrency is teaching us all how to run and rebuild a community that truly works together. Rather than us all being sheeple following a government or a select group of people it's us reformating the way the world should work: collaborative
actually Bitcoin is independent from the first. we can only follow the flow and circulation. there is nothing new we can do with Bitcoin.
The real value of bitcoin and cryptocurrency can't be determined alone by just looking at the prices. Their value is actually reflected on how great the technologies and platforms behind them. The usefulness and functionality of these coins in todays modern world. This is one of the criteria to be considered valuable.
I don't think anything has real value, it's all about the people, if they decide they are not going to make use of this particular thing, then it has no value. So it's the people that gives value to anything. When people stop to make use of these things they stop to have value. Bitcoin started at zero and from there it started moving up to a higher price and now it is valued in thousands of dollars, that's how it' is for everything, they start from zero/low price and move to a higher price worth.
yes it moves because of supply and demand, so in my opinion that's the real value in this industry because if there is no more demand then bitcoin and cryptocurrency will have no value. with high enthusiasm in the community that value will have the potential to continue to move up and down
Jump to: