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Topic: What is the real value of bitcoin and cryptocurrency - page 4. (Read 10376 times)

full member
Activity: 1750
Merit: 118
real value of bitcoin ?  You can just look its price on the cmc or on the wallet/exchange that you use or you can also search directly on google . as of now the value of bitcoin is $8,586.06 USD ( at this moment of writing ) . you can do the given instrunctions above to know the value of other cryptos .  want a more serious answer ? If you mean the real value of cryptos or shall i say their real use well id say they can be use for a currency and for an investment means  .
member
Activity: 728
Merit: 11
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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 well worth its current value. I believe that in the future, its price will continue to increase because it is serving a large economy. Money transfers are no longer a problem as blockchain technology is doing very well and banks support buying and selling cryptocurrency.
In the future, we will see the whole world will use crypto for trading and banks are no longer useful.
full member
Activity: 700
Merit: 101
BBOD Trading Platform
Bitcoin and some altcoins have been widely used in various financial transactions in many countries and well-known companies, so they become valuable. and especially bitcoin which is the parent of any crypto currency you can do with this bitcoin against all types of crypto currencies on all exchangers, therefore they become very valuable.
full member
Activity: 644
Merit: 102
Bitcoin and other cryptocurrencies are digital money that has value. They acceptable are a means of payment methods to those willing to accept them and the mainstream society are gradually coming to terms with them.  The real value of Bitcoin and other cryptocurrencies lies in the base of their users and their demand and supply that is why they are volatile with their value not static.
full member
Activity: 728
Merit: 101
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Bitcoin is a utility and the utility itself gives the value for bitcoin but that's a little bit different compared with another crypto because some security gets their value based on the how much funds that already raised by the companies. Remember the fact not all of the cryptocurrencies can be determined as utility and there was a lot of them are security and how can you determine that even some securities have the same feature like utility?
Yes I do think bitcoin is the utility and bitcoin value is affected by how much people use it for transactions but i do think there is another things that affecting the price of bitcoin, for example the price of mining bitcoin, the higher the price of power seems affecting the price of bitcoin in the market. So there is many factor that affecting bitcoin, if we talk about the real value i think it would changes as the condition of the market and there no exact value for bitcoin is keep changing.
hero member
Activity: 980
Merit: 506
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/
There is no "Real Value" for bitcoins or cryptocurrencies. Value for bitcoins or cryptos is been created by us by creating a proper demand for the existing supply. The price for such coins is in the upward trend until all of the coins are been mined out or are into circulation. The value for bitcoins is never the same and keeps on varying with the candles moving onto the graph.

Yes, I agree that bitcoins have gained the value for them only with its features and benefits. The benefits being with bitcoins makes peoples buy bitcoins which makes the value for them rise and the markets run simultaneously. It might really take couple of years to declare any specific price for bitcoins or cryptocurrencies.
full member
Activity: 1177
Merit: 102
In my opinion bitcoin and altcoins are both unstable, So with Bitcoin i can not compare any of altcoins. The reason here is clearly seen, when the price of bitcoin gets enormous, the price of altcoins decreases. Reduced price of bitcoin too much, later the price of altcoins increased.
hero member
Activity: 2646
Merit: 582
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I don't think bitcoin will end at some point in the future. when its supply becomes limited, a bubble rises again and is then extinguished. There will certainly be another altcoins that will replace bitcoin and the black market will continue. We have official markets that are regulated by laws like Forex, the stock market, ... but we only have a black market and no one can stop it.
i think we could said about black market to cryptocurrency market.its different with market that sold dangerous thing in the world.we know cryptocurrency is talking about technology in payment gateway.
Each coin has two side and the coin having only one side is not considered as a coin. Practically speaking, bitcoins too has two sides which makes them more popular. Bitcoins are been used in the dark web where peoples buy or sell illegal commodities like drugs, weapons, etc in exchange to bitcoins.

Why do you think they use bitcoins in the dark web?

Because bitcoins gives them the freedom and anonymity which makes them feel more confident in trading with such good with response to bitcoins. Bitcoins are been adapted by the community much vastly and so is been followed by the dark community.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
Considering the market evolution, mining difficulty and the trade volume the real price of BTC is somewhere above 15 000 dollars.
Is it?

So what will be the real value of bitcoin after the mining difficulty increases?

The real value of bitcoin is its current value and eve it differs from exchange to exchange that is what the decentralized curreny look like.
Real price and real value differs from each other.

To answer your question, no one can give that answer what will be the real value when mining difficulty increases. But I'm pretty sure that it will be higher than it is today.
No one can say what will happen in future so just take the current value as real and don't expect anything higher even if the chances to go high are there.
Taking the real value seems to be 1 btc = 1 btc but as I've said price still differs and we're all attached to it.

Yes, taking the price with the current one should be considered as the real one. Like today, we dipped and the price goes back for the meanwhile to $8200.
legendary
Activity: 2576
Merit: 1875
Leading Crypto Sports Betting & Casino Platform
According to some authors like Malkiel Burton it assures that all action, in this case the currency, has an intrinsic value included and that the price gives the market, the offer-demand, this is something applicable to bitcoin, because the value is what it can have at some stage of the market, at this time the value in the market is high, because many investors are entering, there are many people interested buying no matter the price, I think those who bought bitcoin in $ 3k are selling right now in $ 8k , but it is not so profitable, since it is expected to reach much higher values ​​of $ 20k.
hero member
Activity: 1204
Merit: 505
Considering the market evolution, mining difficulty and the trade volume the real price of BTC is somewhere above 15 000 dollars.
Is it?

So what will be the real value of bitcoin after the mining difficulty increases?

The real value of bitcoin is its current value and eve it differs from exchange to exchange that is what the decentralized curreny look like.
Real price and real value differs from each other.

To answer your question, no one can give that answer what will be the real value when mining difficulty increase. But I'm pretty sure that it will be higher than it is today.
right, no one knows the real price or real value of bitcoin. if at present there are only about 1% of the world's population, of course the price will increase or the value will be if 100% of the world's population uses it
The prices would entirely depend on how many of the peoples are involved in the decentralized cryptocurrency transactions. Currently, there are very less peoples which are involved in the day-to-day crypto transactions and I think that the ratio would certainly hike up in the upcoming future. If by any chance 100% of the population from the globe(which is impossible as there are children's as well as old ones which couldn't be counted) starts trading or accepting bitcoins then the price is surely going to be most costlier and even precious metals would be cheap in front of bitcoins then. I hope such time comes fast.
hero member
Activity: 1190
Merit: 541
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/
Actually we can't just compare the value for bitcoins depending on their advantages but also there are points where bitcoins can make us have profits and it would definitely state the value for bitcoins. Also the price ratio for bitcoins keeps on fluctuating depending on the demand and supply factor.

There is not a single individual behind the price change for bitcoins but there are hundreds of thousands of peoples who do manipulate the price for bitcoins by putting huge buy/sell orders. Value for bitcoins is always going to be immortal for me because, my financial life is already been stabilized by bitcoins and so I am a happy user who would always keep on supporting bitcoins.
legendary
Activity: 3346
Merit: 1914
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right, no one knows the real price or real value of bitcoin. if at present there are only about 1% of the world's population, of course the price will increase or the value will be if 100% of the world's population uses it
It's impossible to track how many people are using Bitcoin and we'll never see everyone use Bitcoin because there's always a small percentage of people that hates Bitcoin.

No one can say what will happen in future so just take the current value as real and don't expect anything higher even if the chances to go high are there.
I agree, those expectations are just predictions it could also not happen and the real value could be the dynamic price of Bitcoin
legendary
Activity: 1904
Merit: 1277
Bitcoin and other cryptos don't have a 'real' value, and this is why prices are so volatile.

Look at the mainstream financial markets, and you see share prices for companies that have established products, properties (intellectual and physical), infrastructure, plus many other assets both tangible and intangible. Their prices are more stable partly because of all this 'stuff' that they can be measured against. This relative price stability is then self-perpetuating because it invites long-term investments from pension funds etc, so it comes down to a) having assets and b) being established because of 'a'.

Crypto by contrast is volatile largely because so much of the price is based on expectation of future utility. It is worth nothing now other than in a speculative sense. Partly in the sense of there being nothing 'real' to base the price on, and partly in the sense of the volatility inviting traders... so this volatility is also self-perpetuating. We get out of it once crypto becomes mainstream. That's when the markets start to mature, we get big institutional investment, and trading becomes less frenzied.
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
Considering the market evolution, mining difficulty and the trade volume the real price of BTC is somewhere above 15 000 dollars.
Is it?

So what will be the real value of bitcoin after the mining difficulty increases?

The real value of bitcoin is its current value and eve it differs from exchange to exchange that is what the decentralized curreny look like.
Real price and real value differs from each other.

To answer your question, no one can give that answer what will be the real value when mining difficulty increase. But I'm pretty sure that it will be higher than it is today.
No one can say what will happen in future so just take the current value as real and don't expect anything higher even if the chances to go high are there.
full member
Activity: 1246
Merit: 102
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Considering the market evolution, mining difficulty and the trade volume the real price of BTC is somewhere above 15 000 dollars.
Is it?

So what will be the real value of bitcoin after the mining difficulty increases?

The real value of bitcoin is its current value and eve it differs from exchange to exchange that is what the decentralized curreny look like.
Real price and real value differs from each other.

To answer your question, no one can give that answer what will be the real value when mining difficulty increase. But I'm pretty sure that it will be higher than it is today.
right, no one knows the real price or real value of bitcoin. if at present there are only about 1% of the world's population, of course the price will increase or the value will be if 100% of the world's population uses it
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
Considering the market evolution, mining difficulty and the trade volume the real price of BTC is somewhere above 15 000 dollars.
Is it?

So what will be the real value of bitcoin after the mining difficulty increases?

The real value of bitcoin is its current value and eve it differs from exchange to exchange that is what the decentralized curreny look like.
Real price and real value differs from each other.

To answer your question, no one can give that answer what will be the real value when mining difficulty increase. But I'm pretty sure that it will be higher than it is today.
legendary
Activity: 1442
Merit: 1025
We can have a simple calculation on the support lines, for example if bitcoin drops to 1 dollar everyone would say they would get it right? Well the thing is if bitcoin dropped from 8 thousand to 1 dollar then nobody would buy it, there must be a reason for it to drop that much, hence there is actually no real value to bitcoin, if it was even 1 dollar people would still be acting around the same way they act on 8 thousand.

Some people would buy it, some people would panic and sell it and there would be about the same issues we talk as right now. That is why it is clear to me that bitcoin could be 1 dollar each or 1 million each and it would still have no real value, it is 8 thousand dollars right now each and that is its value right now, tomorrow who knows what the value will be.
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
Considering the market evolution, mining difficulty and the trade volume the real price of BTC is somewhere above 15 000 dollars.
Is it?

So what will be the real value of bitcoin after the mining difficulty increases?

The real value of bitcoin is its current value and eve it differs from exchange to exchange that is what the decentralized curreny look like.
hero member
Activity: 1568
Merit: 544
Bitcoin has value only because certain financial communities stand behind it, which create this price for it by regular and systematic actions. If they were not there would be no value. Bitcoin is exactly the same asset as many others for which value is created artificially. However, this does not mean that he is useless.
Your not right on that. It is the trust that the bitcoin blockchain gives what makes it valuable. It isnt a stock like you tend to describe. 
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