Topic: What is the real value of bitcoin and cryptocurrency - page 5. (Read 10376 times)
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.
Who can say the value of bitcoin? It will depend on the demand vs supply. Price will surely inflate as the demand arises.. All it need is mass awareness and bitcoin price will boom as every crypto person expects.
I am happy that the supply of bitcoin available in the market is not as much as the way other coin supply is, which is why bitcoin will get its highest value before those other altcoins. I think the more we approach exhausting the available supply, the more the market of bitcoin will become less volatile and demand will become so high. This time, people that have bitcoin would not want sell their coin to those who doesn’t have and as much as the demand gets so high and critical, value of bitcoin will start increasing beyond control and maybe we can really ascertain the value of this coin then like what one of the mates said.
Considering the market evolution, mining difficulty and the trade volume the real price of BTC is somewhere above 15 000 dollars.
Who can say the value of bitcoin? It will depend on the demand vs supply. Price will surely inflate as the demand arises.. All it need is mass awareness and bitcoin price will boom as every crypto person expects.
You are right no one predict the real value of Bitcoin so right know it is impossible to said anything. But once it will reach maximum supply surely we predict the real value of Bitcoin because supply and demand was easily calculated in max supply.
Who can say the value of bitcoin? It will depend on the demand vs supply. Price will surely inflate as the demand arises.. All it need is mass awareness and bitcoin price will boom as every crypto person expects.
You are right no one predict the real value of Bitcoin so right know it is impossible to said anything. But once it will reach maximum supply surely we predict the real value of Bitcoin because supply and demand was easily calculated in max supply. I would just say that the real value of Bitcoin is not located on its coin but more on technology itself. It is blockchain technology where everything is transparent, traceable and no one could disrupt the system.
Most people who buy Bitcoin don't do that because of the underlying tech. I doubt people even know what blockchain actually means, or what the difference is between centralized and decentralized blockchains.All they know is that blockchain is a new trend being hyped up left and right, and they read that it will change whole industries. We have a long way to go in order to make people aware of what Bitcoin is before they buy it.
So, If in the worst Bitcoin will eventually burst out (almost impossible), at least we have the technology to build future.
You mean that blockchain tech will always be here if Bitcoin isn't? Maybe so, but without Bitcoin showing why blockchains only matter if used as distributed ledger, the blockchain industry is worth even less than it already is.Databases are better than private blockchains. Period.
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 don't really agree but however it is possible to happen. I would just say that the real value of Bitcoin is not located on its coin but more on technology itself. It is blockchain technology where everything is transparent, traceable and no one could disrupt the system. So, If in the worst Bitcoin will eventually burst out (almost impossible), at least we have the technology to build future. 
We cannot generally say what the value of Bitcoin and other cryptocurrencies is. The price of cryptocurrency can only be determined at a specific time, because this price is changing all the time. It has been and will always be changeable, since it is formed solely on the balance of supply and demand, and they are never constant. This is a feature of decentralized cryptocurrency and it attracts the attention of traders and general holders of cryptocurrency.
I think the price is determined by simple demand and supply. Scarcity also plays an important role.
I understand your point though. I kind of suspect that bitcoin/crypto has an advantage over others due to early adopters & believers holding large amounts of coins unlike the case of governments holding much of gold supply for example which makes the price easy to manipulate.
indeed, with demand and supply and limited supply forming the price movement of bitcoin. but I think even though gold has an unlimited supply, but gold has high trust from all peopleI understand your point though. I kind of suspect that bitcoin/crypto has an advantage over others due to early adopters & believers holding large amounts of coins unlike the case of governments holding much of gold supply for example which makes the price easy to manipulate.
So it means people will hold on to their coin so tight, and then we will have a very less volatile market and I think like one of our mates have said, the real value will come out then. So I still believe that with little volatility, the real value of bitcoin will come out.
If you even look at the remaining supply left in the market, we will know that we are gradually approaching a time where bitcoin supply will become so limited and demand will become high. I think this should even be the ATH target of many investors, When bitcoin supply will become so limited and scarce, then people will be selling their coin so high, thereby increasing the value of BTC so high too.
Who can say the value of bitcoin? It will depend on the demand vs supply. Price will surely inflate as the demand arises.. All it need is mass awareness and bitcoin price will boom as every crypto person expects.
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. 
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 don't really agree but however it is possible to happen. I would just say that the real value of Bitcoin is not located on its coin but more on technology itself. It is blockchain technology where everything is transparent, traceable and no one could disrupt the system. So, If in the worst Bitcoin will eventually burst out (almost impossible), at least we have the technology to build future.
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.
Probably, here we are talking about the price and not the value. I think that Bitcoin cost can be measured with its demand. if people are ready to pay for it 20 thousand, then price is 20 thousand, and so on.
This is literally how market demand/supply works. But this is just too general to determine at what price we can say an asset is fair-priced. For example, if there is somebody who is agreed to buy a glass of water for $10, can you say the same thing if you live in a place where healthy water is abundant? I bet no.
Some has tried to applied old school asset pricing for Bitcoin, but it seems there are no plausible findings yet.
Bitcoin and crypto price value are both volatile, so we cannot say or none of the community can't able to say the fix price of it whether it is bitcoin or altcoins. On the contrary when bitcoin goes up most altcoin dump its price while bitcoin goes down most of the altcoins goes up
something like that vice versa.
something like that vice versa.
Probably, here we are talking about the price and not the value. I think that Bitcoin cost can be measured with its demand. if people are ready to pay for it 20 thousand, then price is 20 thousand, and so on.
I think the price is determined by simple demand and supply. Scarcity also plays an important role.
I understand your point though. I kind of suspect that bitcoin/crypto has an advantage over others due to early adopters & believers holding large amounts of coins unlike the case of governments holding much of gold supply for example which makes the price easy to manipulate.
indeed, with demand and supply and limited supply forming the price movement of bitcoin. but I think even though gold has an unlimited supply, but gold has high trust from all peopleI understand your point though. I kind of suspect that bitcoin/crypto has an advantage over others due to early adopters & believers holding large amounts of coins unlike the case of governments holding much of gold supply for example which makes the price easy to manipulate.
So it means people will hold on to their coin so tight, and then we will have a very less volatile market and I think like one of our mates have said, the real value will come out then. So I still believe that with little volatility, the real value of bitcoin will come out.
I think the price is determined by simple demand and supply. Scarcity also plays an important role.
I understand your point though. I kind of suspect that bitcoin/crypto has an advantage over others due to early adopters & believers holding large amounts of coins unlike the case of governments holding much of gold supply for example which makes the price easy to manipulate.
indeed, with demand and supply and limited supply forming the price movement of bitcoin. but I think even though gold has an unlimited supply, but gold has high trust from all peopleI understand your point though. I kind of suspect that bitcoin/crypto has an advantage over others due to early adopters & believers holding large amounts of coins unlike the case of governments holding much of gold supply for example which makes the price easy to manipulate.
So it means people will hold on to their coin so tight, and then we will have a very less volatile market and I think like one of our mates have said, the real value will come out then. So I still believe that with little volatility, the real value of bitcoin will come out.
I'm a bit confused where you said that the market cap of Bitcoin is derived from the number of active users in the network multiplied by the Bitcoin price? Lol… how is that? You can't even tell the number of active users in the network. The market cap of any cryptocurrency is calculated by multiplying the price of the coin by its circulating supply. So if the price of Bitcoin is $200 and there is only 1 million of Bitcoins in circulation, then you will have to multiply the $200 per BTC by the 1 million in circulation and that gives you the market cap.
The real value of bitcoin and crypto coins is given by people, if there is demand and people use it more and more then the value will grow, if not like happen on some altcoins the price will drop.
right, I think the price is fixed based on the law of demand and supply. for those who can analyze well, certainly can take advantage of the opportunity. real prices and real conditions and real thinking will bring success here
The real value of bitcoin and crypto coins is given by people, if there is demand and people use it more and more then the value will grow, if not like happen on some altcoins the price will drop.
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