Topic: Why people debate so much about BTC value? - page 3. (Read 1155 times)
When bitcoin on the top price there are never have way how many people debate with bitcoin price, they will stop until bitcoin back with lower price, don't worry you must enjoy the moment where many people claimed they are an expert with predicting about bitcoin and altcoin price until how bitcoin back with lower price.
They wouldn't be able to hold it, OP. You can't blame though. Surely we're gonna get some more adoption anyway in BTC so this debate will probably stop once a lot of people start utilizing it.
I can pay my electric bills using BTC, and I got some local app for that so that's quite convenient actually. Slowly we're getting there.
Most of the people here are debating about the bitcoin's value why? because it is important. They are arguing about its volatility and where and when does the bitcoin's price will possibly rise. If there is no movement regarding on bitcoin's price of course we are all affected because due to the low demand that price will also decrease unlike if the demand will rise the price will more likely rise also. I can pay my electric bills using BTC, and I got some local app for that so that's quite convenient actually. Slowly we're getting there.
They wouldn't be able to hold it, OP. You can't blame though. Surely we're gonna get some more adoption anyway in BTC so this debate will probably stop once a lot of people start utilizing it.
I can pay my electric bills using BTC, and I got some local app for that so that's quite convenient actually. Slowly we're getting there.
I can pay my electric bills using BTC, and I got some local app for that so that's quite convenient actually. Slowly we're getting there.
Value came from benefits and we can see bitcoin benefits is more than commodity and stock. People see bitcoin as digital currency, can used to create currency something really important in our live right now and works, that value came from. Debate create fresh mindset ( point of view ) and new strategy to get more income, that normal and must supported. Value is the important thing when we speak about economy, is not wasting time but make valuable time for better life.
sometimes debates can indeed create new views and also sometimes will make people think about people's opinions right or not in accordance with their thoughts. It might seem chaotic, but in my opinion the debate will train people to think. but for me excessive debate is sometimes unnecessary, because it's good for us to practice skills in this industry alone.We really need those insights from different people, different mindset, different views will create us to a great conclusion, that's why you are right, we really need to know different kinds of opinions but of course it will be up to us, how we will analyze things, that's why better to know the different kinds of strategies.
Value came from benefits and we can see bitcoin benefits is more than commodity and stock. People see bitcoin as digital currency, can used to create currency something really important in our live right now and works, that value came from. Debate create fresh mindset ( point of view ) and new strategy to get more income, that normal and must supported. Value is the important thing when we speak about economy, is not wasting time but make valuable time for better life.
sometimes debates can indeed create new views and also sometimes will make people think about people's opinions right or not in accordance with their thoughts. It might seem chaotic, but in my opinion the debate will train people to think. but for me excessive debate is sometimes unnecessary, because it's good for us to practice skills in this industry alone. 
We understand but we don't agree.
Satoshi said we need a new payment system, and you conclusion is that this payment system will replace all fiat currencies all over the world completely. Big step , don't you think?
yes i also don't agree. Satoshi said we need a new payment system, and you conclusion is that this payment system will replace all fiat currencies all over the world completely. Big step , don't you think?
Because basically satoshi created bitcoin not intending to kill paper currencies and he did not expect bitcoin to be a substitute for a conventional conventional currency to make payments, but only to save the world from the destruction of the global economy at that time.
Satoshi never said literally that he want to change entirelly the fiat money, but this is what it would lead to if Bitcoin would have been used as he created it. He wanted to help people to not be oppressed anymore by governs, by banks and by any other middle-men. To give people privacy and anonymity. To offer a way thus governs couldn’t track anymore every financial transaction. To not pay taxes and fees to middle-men. To transact directly, peer-to-peer, without paying huge fees, as it happens (for example), if you send money in different countries / continents from your bank account or from Western Union. To help all the unbanked population.
This doesn't mean that bitcoin will replace or was intented to replace all fiat currencies completely.
Bitcoin was created to give people an alternative to fiat, for those who want price, freedom, etc. The world needs it, but as an alternative.
Unfortunately, very few people truly understood the meaning of the OP... For those who did not understand, check again this post written by me earlier, in case you missed it. Maybe it explains better... I hope.
We understand but we don't agree.
Satoshi said we need a new payment system, and you conclusion is that this payment system will replace all fiat currencies all over the world completely. Big step , don't you think?
And what satoshi said or meant doesn't matter anymore. He doesn't own bitcoin, it is bigger than him.
legendary
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Well, because some people think that the most important thing about bitcoin is the price. ready or not, sometimes bitcoin can make you disappointed, and make you happy. some people speculate that price increases are just manipulations, while on the other hand, they say that this is real because of the function of bitcoin. however, since the creation of bitcoin until now, prices have continued to grow, and fluctuations have always been volatile. if there are people who have different opinions, and argue, I think it's a natural thing because people have their own information.
If something is being debated about, it must be important to them. If it is not then they would not even be talking about it.
So Bitcoin's value must be important because people not only casually talk about it, they discuss it with conviction and with confidence. Bitcoin is becoming more valuable today, to be frank, not because of its actual use but because of its rising value in terms of fiat.
That is the whole truth, right?
So Bitcoin's value must be important because people not only casually talk about it, they discuss it with conviction and with confidence. Bitcoin is becoming more valuable today, to be frank, not because of its actual use but because of its rising value in terms of fiat.
That is the whole truth, right?
where you see people arguing about the price of bitcoin, is it only in your mind, everyone has freedom of opinion sometimes every opinion is not always the same, that's what is called a difference, just look at how the difference is in this forum, by the way why do you say 1 bitcoin is equated with $ 2, do you know that dollars continue to be printed without gold backups and their money continues to be printed but bitcoin is not in limited supply, that's the difference even I think one day 1 BTC = 1 Lambo might be more interesting 
Indeed, they are just expressing themselves on how they interpret the chart movement. Ang TA have different method that differs from one another. That is the reason why other insights differ from the other one. Aside from that, others look at BTC as worthless because they do not believe in its community and function, we should leave them as that, it is their lives that will miss out if they do not believe in the value of Bitcoin just like Peter Schiff.
Value came from benefits and we can see bitcoin benefits is more than commodity and stock. People see bitcoin as digital currency, can used to create currency something really important in our live right now and works, that value came from. Debate create fresh mindset ( point of view ) and new strategy to get more income, that normal and must supported. Value is the important thing when we speak about economy, is not wasting time but make valuable time for better life.
Sorry you’re wrong, there’s nothing like one BTC is worth one BTC, you are not sure about valuing of a volatile commodity. I do agree that Bitcoin was created to be a transaction method, but the way I see things are going, it’s not going to be any replacement, we are still going to be using our conventional currencies, which we all know that China is doing that already.
Bitcoin is volatile, so I don’t blame people for doing that. Even if you plan to be using Bitcoin for purchasing things, imagine that you fund your wallet with $10,000 dollars and you have plans to purchase some stuffs that are worth around that amount,only for you to wake up the next day to half of that, will you be happy? Of course you won’t.
Bitcoin is volatile, so I don’t blame people for doing that. Even if you plan to be using Bitcoin for purchasing things, imagine that you fund your wallet with $10,000 dollars and you have plans to purchase some stuffs that are worth around that amount,only for you to wake up the next day to half of that, will you be happy? Of course you won’t.
legendary
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Unfortunately, very few people truly understood the meaning of the OP... For those who did not understand, check again this post written by me earlier, in case you missed it. Maybe it explains better... I hope.
I believe this is the main problem within the crypto community. So many people are just in it for the fiat value and these are not true believers. True believers are not as concerned about the price of bitcoin and that is because we believe in it and we know in a few years it will be worth much more then it is bought for today. Why stress for the short term when you know the kong term will bring good results. People are not patient. This only concerning themselves with price miss the whole point of crypto and at fiat slaves. True believers don't care for the current price.
We can't blame those people, they also have factors for the development of crypto community. I know they're just here for the opportunity and most of the people in this community are having the same goal. Fewer people really do believe in bitcoin to its potential in the future. It's the advantage of those people who really believes and uses the actions of those short term people to their growth of income, that's how the market works. 
where you see people arguing about the price of bitcoin, is it only in your mind, everyone has freedom of opinion sometimes every opinion is not always the same, that's what is called a difference, just look at how the difference is in this forum, by the way why do you say 1 bitcoin is equated with $ 2, do you know that dollars continue to be printed without gold backups and their money continues to be printed but bitcoin is not in limited supply, that's the difference even I think one day 1 BTC = 1 Lambo might be more interesting
basically bitcoin has its own rules which are certainly different from fiat and other commodities in the world today. It seems like op is embarrassed by many people who are too complicated to think about the price comparison with fiat or other commodities now, so he argues like that. Well, as you said, everyone has the right to express his opinion and we must respect each other. We should also not need to bother with that difference, just waste energy, it's better to maximize what we believe, life is as simple as this 
. 
But in reality, BTC cannot completely replace the FIAT USD currency. Because BTC has a different character from the FIAT currency.
I also don't want to be a hypocrite who considers 1 BTC = 1 BTC. 1 BTC will only be calculated into USD for profit.
BTC is the most valuable cryptocurrency, but it will be even more valuable if converted to fiat USD.
BItcoin is only used as an investment that will provide benefits when exchanged into fiat currencies, it has become a common thing and done by everyone.
I also don't want to be a hypocrite who considers 1 BTC = 1 BTC. 1 BTC will only be calculated into USD for profit.
BTC is the most valuable cryptocurrency, but it will be even more valuable if converted to fiat USD.
BItcoin is only used as an investment that will provide benefits when exchanged into fiat currencies, it has become a common thing and done by everyone.
I think that is because they want to get their profit quickly.
Most of these people arguing or debating tends to wait for the pump of the price so they can get a profit out of their investment. Another thing is that when the price pumps, they tend to be so excited how much it can pump more. I think that is just it, the feelings or emotions just circulate in there.
Everyone in this market wants to get profit quickly. But I don't understand why they have to argue about Bitcoin price every day, such arguments do not make the price of bitcoin go up. Prices can rise and fall depending on the situation of the market, what we are interested in is how to get the most profit with it.Most of these people arguing or debating tends to wait for the pump of the price so they can get a profit out of their investment. Another thing is that when the price pumps, they tend to be so excited how much it can pump more. I think that is just it, the feelings or emotions just circulate in there.
Quality debate is always good but often people are focused just on empty phrases they repeat about Bitcoin price.
It's understandable that Bitcoin users are focused on value because main motive for majority is profit. So they follow the price all the time waiting for some big pump to make some money.
At the begininig Bitcoin users were more enthusiasts and pioneers of something new and exciting, now it's all only about the money.
It's understandable that Bitcoin users are focused on value because main motive for majority is profit. So they follow the price all the time waiting for some big pump to make some money.
At the begininig Bitcoin users were more enthusiasts and pioneers of something new and exciting, now it's all only about the money.
Its a healthy debate anyway and its good to see people asking and that if you are a newbie in trading you can get a feel of where the price could go to trade. The wall observer thread really deserves to be watched, you might wanna go and subscribe to that thread too in case you don't wanna see people expressing their idea about the value of BTC.
I believe this is the main problem within the crypto community. So many people are just in it for the fiat value and these are not true believers. True believers are not as concerned about the price of bitcoin and that is because we believe in it and we know in a few years it will be worth much more then it is bought for today. Why stress for the short term when you know the kong term will bring good results. People are not patient. This only concerning themselves with price miss the whole point of crypto and at fiat slaves. True believers don't care for the current price.
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