Bitcoin Forum

Economy => Economics => Topic started by: smokeydog on September 24, 2017, 01:37:07 PM



Title: The value of bitcoin?
Post by: smokeydog on September 24, 2017, 01:37:07 PM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.


Title: Re: The value of bitcoin?
Post by: albertvert on October 04, 2017, 03:27:19 PM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.


Today the value of the bitcoin is $4212 and day by day it will increase only . The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to creaissue . I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue and this are the value of bitcoin


Title: Re: The value of bitcoin?
Post by: h0lybyte on October 04, 2017, 04:13:29 PM
If you would have analyzed the market frequently,it was more than $4400 price of BTC. Due to volatility,it can't stay at any fixed value.
Do not look on the dark sides of bitcoin market,the ups and downs will happen always as this process designates its importance more than before.
So yes this is the right moment to make your dreams come true by holding bitcoins.


Title: Re: The value of bitcoin?
Post by: Hydrogen on October 04, 2017, 05:42:37 PM
I like the concept of monetary value being a function of #1 time, #2 innovation and #3 productivity(nearly the same thing as labor).

Example the value of bitcoin might be expressed in terms of the #1 time it took to mine all existing coins in millions of hash hours. The relative degree of #2 innovation bitcoin represents as a store of value, as a currency, as a traded commodity on exchanges, etcetera. And the economic/social/financial #3 productivity which occurs as a result of bitcoin's existence.

Of course this is an overly simplistic way of attempting to define value. There are many different facets to bitcoin and crypto's success. It is unfair to overgeneralize only 3 aspects of what is a long list of contributing variables.


Title: Re: The value of bitcoin?
Post by: LeGaulois on October 04, 2017, 06:00:33 PM
If the gold value was based on what it takes to mine it then the price wouldn't be so high. After all, they use slave children to mine and pay the families peanuts. There are several but the most significant parameter is the quotation established by the "fixing".

If the volatility is not something that people can handle then the cryptocurrency market is certainly not for them. Because there is not a lot much more volatile than cryptos


Title: Re: The value of bitcoin?
Post by: bozo333 on October 04, 2017, 06:46:03 PM
If the gold value was based on what it takes to mine it then the price wouldn't be so high. After all, they use slave children to mine and pay the families peanuts. There are several but the most significant parameter is the quotation established by the "fixing".

If the volatility is not something that people can handle then the cryptocurrency market is certainly not for them. Because there is not a lot much more volatile than cryptos

Bitcoin is not stoppable so that the reason for bitcoin process value chance every time and every day it will give more information and get the profitable one bitcoin is the value is must check before sell bacon is the booster to the get profit income process and development bitcoin is the analysis to the improve the price spices and it will use full to get the growth and business process bitcoin value is the must for the process.


Title: Re: The value of bitcoin?
Post by: Koadharber on October 04, 2017, 06:49:45 PM
If the gold value was based on what it takes to mine it then the price wouldn't be so high. After all, they use slave children to mine and pay the families peanuts. There are several but the most significant parameter is the quotation established by the "fixing".

If the volatility is not something that people can handle then the cryptocurrency market is certainly not for them. Because there is not a lot much more volatile than cryptos
Agree on what you are saying here. When it comes to volatility i would hands down on cryptocurrencies because nothing on this world would able to equal when it comes to price movements.This is the risk and this is the golden way to make money.This is why bitcoin and other altcoins do gain popularity because of this characteristics.


Title: Re: The value of bitcoin?
Post by: Don Pedro Dinero on October 04, 2017, 06:54:49 PM
If the gold value was based on what it takes to mine it then the price wouldn't be so high. After all, they use slave children to mine and pay the families peanuts. There are several but the most significant parameter is the quotation established by the "fixing".

If the volatility is not something that people can handle then the cryptocurrency market is certainly not for them. Because there is not a lot much more volatile than cryptos

I agree. The problem here is that we can see what the price is whereas value is more of a concept that we don’t have an algorism to calculate. Anyway, if we don’t take into account offer and demand we can’t explain the value of bitcoin as well as many other assets and goods.

Adam Smith was right in some of his opinions and wrong in others, but we can’t take his opinions as dogmas of the Church.

What is the cost of labor involved in making a 100$ note? It is more or less the same as the cost of labor involved in making a 1$ note.


Title: Re: The value of bitcoin?
Post by: pitham1 on October 04, 2017, 09:02:50 PM
After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

Actually you have got it the other way around. The cost of mining doesn't determine the value. The price (indirectly) decides the cost of mining.
Price increases --> More miners rush in --> Difficulty increases --> Cost of mining increases.


Title: Re: The value of bitcoin?
Post by: odolvlobo on October 04, 2017, 10:15:59 PM
The production and the monetary supply of Bitcoin are invariant, so the only long-term variable determining the price is demand. It doesn't matter what it costs miners to mine it.

In fact, the price determines the aggregate cost of mining, and not the other way around. That is because the cost of mining only determines who mines. It does not determine how much is mined.


Title: Re: The value of bitcoin?
Post by: cybersofts on October 04, 2017, 10:47:50 PM
Yes, bitcoin doesn't have long history to look in to but I think is the technology that people are waiting for because it provides freedom and privacy to people. Bitcoin is decentralized and bitcoin volatility happens as a result of market correction as you may already know that might happen to gold or stock as well. Bitcoin value go up and down but at high range sometimes unlike USD, Gold or Stock. Perhaps bitcoin volatility will stabilize more in years to come when more people invested in to it guess.


Title: Re: The value of bitcoin?
Post by: Razick on October 04, 2017, 11:37:36 PM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.

Right off the bat I can tell you you are partially wrong, at least. The only thing used to value stuff is NOT the amount of work put into producing something. It is the QUALITY in doing so. And there are tons of other factors at play also. For example, why is gold 100x the price of silver? They both take a similar amount of time and effort to mine, yet one is vastly more valuable than the other. It is because of rarity. Silver is available in much greater quantities, and thus is not as valuable as its far rarer counterpart in gold.


Title: Re: The value of bitcoin?
Post by: Altero on October 05, 2017, 12:05:34 AM
As we take look back of bitcoin history from its existence, we truly amazed and totally a fast movement of price in the market. Since from the start, only few numbers of person who are trying to invest with bitcoin. But now, we can't imagine how many are they? Because they  want to take advantage from its promising price. This things signifies that it will take a big role in the community as it gives opportunity for us to have big chances of winning.


Title: Re: The value of bitcoin?
Post by: Quantex on October 05, 2017, 12:10:36 AM
As we take look back of bitcoin history from its existence, we truly amazed and totally a fast movement of price in the market. Since from the start, only few numbers of person who are trying to invest with bitcoin. But now, we can't imagine how many are they? Because they  want to take advantage from its promising price. This things signifies that it will take a big role in the community as it gives opportunity for us to have big chances of winning.

The role of the community now is at its highest point. Because, as you said, we have a big player pool for bitcoin. In the past, the number was really small compared to now.

The curve of demand and liquiditation will determine the future of bitcoin.


Title: Re: The value of bitcoin?
Post by: Hexah on October 05, 2017, 12:47:58 AM
As we take look back of bitcoin history from its existence, we truly amazed and totally a fast movement of price in the market. Since from the start, only few numbers of person who are trying to invest with bitcoin. But now, we can't imagine how many are they? Because they  want to take advantage from its promising price. This things signifies that it will take a big role in the community as it gives opportunity for us to have big chances of winning.

The role of the community now is at its highest point. Because, as you said, we have a big player pool for bitcoin. In the past, the number was really small compared to now.

The curve of demand and liquiditation will determine the future of bitcoin.
Exactly, the role of every bitcoin enthusiast has huge impact on the value of bitcoin right now unlike in the past that's why the value of bitcoin increased rapidly in this year because it is also in this year that many were engage to the world of bitcoin. And that's explains the volatility of bitcoin, it really has no fixed value that's why many huge investors don't like it because it's too risky if the price of bitcoin will decrease rapidly.


Title: Re: The value of bitcoin?
Post by: shuhei on October 29, 2017, 09:30:38 AM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.
Bit coin is very difficult to measure.
Although the price is determined once in terms of supply and demand, bitcoin is priced with very ambiguous indicators, unlike stock prices.


Title: Re: The value of bitcoin?
Post by: Funeral Wreaths on October 29, 2017, 09:59:31 AM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.

Right off the bat I can tell you you are partially wrong, at least. The only thing used to value stuff is NOT the amount of work put into producing something. It is the QUALITY in doing so. And there are tons of other factors at play also. For example, why is gold 100x the price of silver? They both take a similar amount of time and effort to mine, yet one is vastly more valuable than the other. It is because of rarity. Silver is available in much greater quantities, and thus is not as valuable as its far rarer counterpart in gold.
as much as i agree with what you were saying. so it is just that we are saying, it is all because of supply and demand, so just like your example why is that gold is more valuable than silver? Of course the supply also matters, just like what you are pointing out, there is almost enough quanitity to supply the needs of people or even more, rather than in gold, or as we speak bitcoin that has only limited supply and almost everybody would strive to get one, so as expected that too many will bid until the price was higher.


Title: Re: The value of bitcoin?
Post by: atc1-REAL on October 29, 2017, 10:23:17 AM
There was this saying in 2014-15 when the price had dropped quite a bit that 1 btc=1 btc. Apart from that, btc has no intrinsic value. While some argue that it is the PoW concept that lends btc its value, that is being challenged right now as the price has shot up multifold without any difference in the way that it is being mined except the difficulty. So, value is now being define by market forces alone.


Title: Re: The value of bitcoin?
Post by: konco_kenthel on October 29, 2017, 10:45:03 AM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.
I think if you have a large capital to invest try to run the first because just need longanimity to investors can get the most out later but if you don't have the attitude of better do not insist to try investment because it will be the obstacles are very large when you are in the presence of the second choice advantage that could gain or loss.


Title: Re: The value of bitcoin?
Post by: BillCoin on October 29, 2017, 10:47:45 AM
I don't agree with Adam Smith.
Bitcoin price is being determined by the free market, it worth what people are willing to pay for it.

The more the bitcoin price goes up, the more it becomes profitable to mine, which makes more miners to join the circulation, which increases the difficulty of mining a bitcoin, and makes it cost more to mine.

I think that the price of something is only related to how much people want it and are willing to pay for it.



Title: Re: The value of bitcoin?
Post by: darthmaul on October 29, 2017, 10:59:07 AM
It is good to know theory behind the number of workers and generated revenues. Thats true and that is why we can explain why bitcoin price rises high whenever there is investor who makes big moves. The calculation is simple with each investment there is rise in the market capitalism and hence there is rise in the returns that bitcoin can afford to give us.

So with the increasing popularity of the bitcoin many more investors are coming into action and thus they are helping as "worker"to increase the "revenue"generated with the bitcoin. Seems fair. If thats acceptable then you should be holding your coins after reaching 10K also because we have that much market cap backed up with those investors.


Title: Re: The value of bitcoin?
Post by: bitcad4u on October 29, 2017, 11:16:54 AM
It is good to know theory behind the number of workers and generated revenues. Thats true and that is why we can explain why bitcoin price rises high whenever there is investor who makes big moves. The calculation is simple with each investment there is rise in the market capitalism and hence there is rise in the returns that bitcoin can afford to give us.

So with the increasing popularity of the bitcoin many more investors are coming into action and thus they are helping as "worker"to increase the "revenue"generated with the bitcoin. Seems fair. If thats acceptable then you should be holding your coins after reaching 10K also because we have that much market cap backed up with those investors.


Bitcoin is a digital currency system and its vaule are increased day by day .Today rate of  bitcoin is $5765  and investor get more profit due this so the bitcoin in future rule The world because it is a digital currency due to that all online transaction is very easy and simple and worth of bitcoin is high.Bitcoin will replace a dollar.


Title: Re: The value of bitcoin?
Post by: 2girls on October 29, 2017, 12:21:28 PM
It is good to know theory behind the number of workers and generated revenues. Thats true and that is why we can explain why bitcoin price rises high whenever there is investor who makes big moves. The calculation is simple with each investment there is rise in the market capitalism and hence there is rise in the returns that bitcoin can afford to give us.

So with the increasing popularity of the bitcoin many more investors are coming into action and thus they are helping as "worker"to increase the "revenue"generated with the bitcoin. Seems fair. If thats acceptable then you should be holding your coins after reaching 10K also because we have that much market cap backed up with those investors.


Bitcoin is a digital currency system and its vaule are increased day by day .today rate of  bitcoin is $5765  and invester get more profit due this so the bitcoin in future rule the world because it is a digital currency due to that all online transaction is very easy and simple and worth of bitcoin is high.

The exchanges, buying and selling, none of these mechanisms provide any bonus or reward for hitting 1 BTC or 2 or whatever.  As a personal goal, sure that is fine, but as a financially planned goal, do not worry how many BTC you have, but how much it is worth.


Title: Re: The value of bitcoin?
Post by: Gozie51 on October 29, 2017, 01:34:13 PM
It is obvious that the more people or investors that come into bitcoin the higher its cap. and thus, increase in value. This is what we are going to be witnessing until bitcoin gets saturated for another crypto would come to the big stage but for now, it is bitcoin all the way...  ::)


Title: Re: The value of bitcoin?
Post by: warrior333 on October 29, 2017, 01:43:56 PM
It is good to know theory behind the number of workers and generated revenues. Thats true and that is why we can explain why bitcoin price rises high whenever there is investor who makes big moves. The calculation is simple with each investment there is rise in the market capitalism and hence there is rise in the returns that bitcoin can afford to give us.

So with the increasing popularity of the bitcoin many more investors are coming into action and thus they are helping as "worker"to increase the "revenue"generated with the bitcoin. Seems fair. If thats acceptable then you should be holding your coins after reaching 10K also because we have that much market cap backed up with those investors.


Bitcoin is a digital currency system and its vaule are increased day by day .today rate of  bitcoin is $5765  and invester get more profit due this so the bitcoin in future rule the world because it is a digital currency due to that all online transaction is very easy and simple and worth of bitcoin is high.
Bitcoin will never be a currency if people will keep it in their wallets. Any currency must have a turnover in the trade. How you can buy goods with bitcoins? All forced to change bitcoin to Fiat and then to shop. This suggests that bitcoin is now nothing more than a means of payment. The steady accumulation of coins makes bitcoin a bubble and we can become victims of human greed.


Title: Re: The value of bitcoin?
Post by: yoseph on October 29, 2017, 01:56:16 PM
I don't agree with Adam Smith.
Bitcoin price is being determined by the free market, it worth what people are willing to pay for it.

The more the bitcoin price goes up, the more it becomes profitable to mine, which makes more miners to join the circulation, which increases the difficulty of mining a bitcoin, and makes it cost more to mine.

I think that the price of something is only related to how much people want it and are willing to pay for it.


During last year bitcoin miners were not really getting a lot out of mining bitcoins but with the recent surge in the price of bitcoin, mining bitcoins has become even more profitable then it used to be and now miners who have spent a lot on their mining equipments are actually making money, bitcoin mining is no longer a hobby but a profitable venture.


Title: Re: The value of bitcoin?
Post by: lordquanta on October 29, 2017, 01:58:12 PM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.
About gold price determination process based on labor involved in it makes sense. Because in this situation we are expecting honesty of company or person mining the gold. Real world is working quite differently when it comes to putting a price tag. Like, this theory of value of product based on labor invested in it fells flat when applied to the diamond. nearly After a century, it is understood that diamonds are not rare at all and are found in abundance in nature. However due to monopoly of one company over the business managed to keep its prices higher than gold.
Next example is very loved one, USD that is US Dollars. Cost of printing a dollar does not match with the value it holds.
Major reason of USD to remain as strong is that many other countries have heavily invested in the USD and if USD looses its value those who are depending on it are doomed. It is same as when you owe someone or some bank 1 Million as house load then you care most about paying EMIs in time. However if you owe 100 Millions to the bank then bank cares about you because their 100 Million are at stake.
As far as bitcoin valuation is concerned then current 49k dollars value is certainly not equivalent to efforts or cost of production. However in recent times, the price of bitcoin never much depended on the bitcoin mining cost in first place.


Title: Re: The value of bitcoin?
Post by: trecore4 on October 29, 2017, 05:04:53 PM
Quote
I like the concept of monetary value being a function of #1 time, #2 innovation and #3 productivity(nearly the same thing as labor).


Yes these are factors for any kind of product to develop in its value and market popularity. I mean we have all seen the effect of time on the bitcoin and other crypto currency. They grow with the time! Thats simply because as the time is passing more people are involving themselves into it.


With the Innovations, well new projects are being implemented into ethereum blockchain and some of them are being accepted by public very easily. This leads to generation of more market reach and hence the extensive prices.


Productivity is according to me byproduct of time and innovation and it always pays off though the time.


So surely the value of bitcoin is dependent on these factors a lot. 


Title: Re: The value of bitcoin?
Post by: cynical on October 29, 2017, 05:57:16 PM
I have never heard about that before, the fact that most things are valued for the amount of work that goes into producing it.
I always thought that anything was worth what people are willing to pay for it.
Of course there are anomalies to that rule and bitcoin is one, how is it valued at almost $6000.
There are also people who would argue that we should not be valuing it in fiat,
A bitcoin is a bitcoin and will not be anything less


Title: Re: The value of bitcoin?
Post by: rausvi15 on October 29, 2017, 06:42:15 PM
It is good to know theory behind the number of workers and generated revenues. Thats true and that is why we can explain why bitcoin price rises high whenever there is investor who makes big moves. The calculation is simple with each investment there is rise in the market capitalism and hence there is rise in the returns that bitcoin can afford to give us.

So with the increasing popularity of the bitcoin many more investors are coming into action and thus they are helping as "worker"to increase the "revenue"generated with the bitcoin. Seems fair. If thats acceptable then you should be holding your coins after reaching 10K also because we have that much market cap backed up with those investors.
I think you write little summary of bitcoin market, Bitcoin value depend on its popularity as you said, but popularity is not in sense that more people know about bitcoin more bitcoin price goes up. This popularity is based on a demand of bitcoin by real investors, When more people buy bitcoin at a time the price will increase.


Title: Re: The value of bitcoin?
Post by: criz2fer on October 30, 2017, 04:21:49 PM
Bitcoin is only a tool to support the existing blockchain technology that are being develop today by many investors which believe in projects they choose. Pertaining the value of bitcoin, because many people invest on it, the supply of bitcoin increase due to the rising in the demand of potential projects that would have higher return of investment if successful. Popularity maybe a factor but I think its the performance of the project would be the basis of its value. If bitcoin will be a big contributary to those project, then the value of bitcoin will rise as per demand of it will also increase.


Title: Re: The value of bitcoin?
Post by: farhaan on October 31, 2017, 09:29:49 AM
The value of bitcoin is driven by its community support.First,its price was very low as very few people used it and so the demand was very low.Mass adoption was needed for bitcoin's price to increase high and nowadays,its becoming true.More companies coming forward to accept bitcoin payment,more countries to legalize bitcoin.

The main reason for its continuous increase in value is its limited supply of 21 million coins and unlike paper currency,it could not be printed more and issued which causes value of paper currency to get low.


Title: Re: The value of bitcoin?
Post by: justspare on November 03, 2017, 10:10:44 AM
The value of bitcoin is driven by its community support.First,its price was very low as very few people used it and so the demand was very low.Mass adoption was needed for bitcoin's price to increase high and nowadays,its becoming true.More companies coming forward to accept bitcoin payment,more countries to legalize bitcoin.

The main reason for its continuous increase in value is its limited supply of 21 million coins and unlike paper currency,it could not be printed more and issued which causes value of paper currency to get low.
It is an acceptable fact worldwide that greater the demand, greater will be the price of a product. It works exactly the same in case of bitcoin also, since a huge number of people are involved in this bitcoin business it causes the value of bitcoin to increase.

Another reason is that it is appreciated at government level, many governments have their processes undergoing in the legalization of bitcoin which ultimately causes its value to increase.



Title: Re: The value of bitcoin?
Post by: Gozie51 on November 03, 2017, 10:40:04 AM
The value of bitcoin will continue to fly high for now. People speculate that is going to dip to $3800 but that is not visible to me. My reason is that, nothing is pulling it down just yet, governments have not blantantly rejected it rather they are looking for means to adopt it, more organizations and companies have been adopting, using it to transact businesses ,more individuals are coming into it - these and others are some of the reasons that bitcoin is expected to continue raising .


Title: Re: The value of bitcoin?
Post by: illete on November 03, 2017, 10:44:40 AM
Value of Bitcoin increasing in minutes and its a blessing for those who have no hope,and bitcoin is the where you stable you financially.If you are going to invest in bitcoin and hold it definitely you will earn handsome profit due to increasing value of bitcoin.


Title: Re: The value of bitcoin?
Post by: sindikat on November 03, 2017, 11:20:49 AM
The value of bitcoin is driven by its community support.First,its price was very low as very few people used it and so the demand was very low.Mass adoption was needed for bitcoin's price to increase high and nowadays,its becoming true.More companies coming forward to accept bitcoin payment,more countries to legalize bitcoin.

The main reason for its continuous increase in value is its limited supply of 21 million coins and unlike paper currency,it could not be printed more and issued which causes value of paper currency to get low.
It is an acceptable fact worldwide that greater the demand, greater will be the price of a product. It works exactly the same in case of bitcoin also, since a huge number of people are involved in this bitcoin business it causes the value of bitcoin to increase.

Another reason is that it is appreciated at government level, many governments have their processes undergoing in the legalization of bitcoin which ultimately causes its value to increase.


The government only say that may accept bitcoin in the future. The real action I see. I think they are only playing for time in order to come up with effective methods of dealing with cryptocurrency. Bitcoin is not profitable for any state. But it seems to me that attempts to levy a tax on the users of bitcoin will. Why do we have such legalization?


Title: Re: The value of bitcoin?
Post by: G.Seed on November 03, 2017, 11:34:51 AM
Quote
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.

This is the value, this is not the price.

Quote
I don't agree with Adam Smith.
Bitcoin price is being determined by the free market, it worth what people are willing to pay for it.

This is the definition of price in a free market (so not in a communist state for example).


Title: Re: The value of bitcoin?
Post by: worldofcoins on November 03, 2017, 11:52:29 AM
I don't agree with Adam Smith.
Bitcoin price is being determined by the free market, it worth what people are willing to pay for it.

The more the bitcoin price goes up, the more it becomes profitable to mine, which makes more miners to join the circulation, which increases the difficulty of mining a bitcoin, and makes it cost more to mine.

I think that the price of something is only related to how much people want it and are willing to pay for it.



Sigh, it seems like many people do not really quite understand bitcoin yet.  I do believe you are somewhat and then somewhat wrong on your statement.
There are many factors that determine the value of bitcoin, it can just be based off greed and what people are willing to pay for it.  You said that mining makes bitcoin more valuable which is true and that is just one factor of it.  The fact I believe that bitcoin is the first Digital or crypto currency to have a cap is one of the reasons why it holds so much value.  To point out Bitcoin can be used to make online purchases not just to store value.  These are only two factors that give it the value it is going to deserve.  There are many factors that are driving of bitcoin. Its not only based on what people are willing to pay for it.


Title: Re: The value of bitcoin?
Post by: bakunawaaa on November 03, 2017, 12:07:11 PM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.


Today the value of the bitcoin is $4212 and day by day it will increase only . The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to creaissue . I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue and this are the value of bitcoin

I disagree that the value of gold is determined by the cost in human labor. You have to factor in the demand for this and the many uses of it. Ultimately it all boils down to supply and demand. Price and value is subjective and is very much dependent on the economic meta. Globalization made it easier for goods to be supplied and exchanged, so there really are too many variables involved.

In terms of the value of bitcoin, I believe this gained momentum because of the awesome functions it possess. One among many things would be convenience as well as decentralized making it difficult for the authorities to track. A huge part of the world is greedy and would always seek for ways to make money, sad to say majority of them would be willing to break the rules. But it is because of these people that the value of bitcoin has gained momentum. 


Title: Re: The value of bitcoin?
Post by: CryptoGeneral on November 03, 2017, 07:36:29 PM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.

It seems to me that the value of bitcoin is determined by the price that people are willing to pay for it. All comes down to supply and demand. Which is funny, since there is no real demand for bitcoin. I could live my life and never invest a single cent. I don't need bitcoin for my everyday live, all I'll need is euros. Maybe this will change in the near future ;)


Title: Re: The value of bitcoin?
Post by: suzanne5223 on November 03, 2017, 07:40:28 PM
In bitcoin world the volatility which cause the ridiculous increase in value of bitcoin some will say was the only thing that create people love at first sight toward bitcoin and concerning the OP not knowing the past record or history of bitcoin price. You can figure out that using the coin cap market chart and historical data for bitcoin.


Title: Re: The value of bitcoin?
Post by: keenjester on November 03, 2017, 08:32:25 PM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.
Shipping these T-shirts is the big problem in this . We can't just ship to the 3rd world countries easily. So i guess this will only work at NA and EU only. Not in Asia at all.


Title: Re: The value of bitcoin?
Post by: BartS on November 03, 2017, 08:40:40 PM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.
I do not remember where but I have read that is not the case and that theory has been disproved, let me give you an example, if you begin to paint the materials are going cost you a certain amount of money, however if you are not very good and you are not famous the art you create is going to be worth less than the materials used to create it but if you are good and you are famous the value of your painting is going to exceed the value of the materials used to create it.


Title: Re: The value of bitcoin?
Post by: vibingpositively on November 03, 2017, 08:42:27 PM
The volitaile nature of bitcoin is precisely why most people got in the first place. Yeah the swings are nasty but if you play your cards correctly there is a lot of money to be made. It is hard to give bitcoin a value other than the

one it is currently attaining in the market. At the time of writing that would be around ~7300 and that to me seems like a fair price, but to others it may be either cheap yet or too expensive.


Title: Re: The value of bitcoin?
Post by: engrshu on November 04, 2017, 12:12:06 AM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.

It is indeed moving too fast, for the past weeks the value of bitcoin is just playing around $7000, It's volatility is not predictable as the stock market. I understand if you don't want to take a risk, but based on its trend, there's a bright future for btc, it has a great probability that btc will continue in the future. And for its value, the stochastic trend of it makes btc more interesting for the investors, i think.


Title: Re: The value of bitcoin?
Post by: Hamstead on November 04, 2017, 03:19:40 PM
We can't imagine how bitcoin become famous today, from crap into a very precious thing as I've described.
Bitcoin nowadays become popular and everyone wanting to have it as their investment. As it become valuable, the more it become influencial in the market.


Title: Re: The value of bitcoin?
Post by: christian07 on November 04, 2017, 05:21:16 PM
Bitcoin is like a dream you need to be strong and do harkwork to make that happen like to earn for your good future.Bitcoin change me a lot base in food,time and knowledge i think i become a better person here i think day by day its very useful in my life because i earn here so i can buy all i want in life


Title: Re: The value of bitcoin?
Post by: fasdorcas on November 07, 2017, 07:41:47 AM
The value of bitcoin is driven by its community support.First,its price was very low as very few people used it and so the demand was very low.Mass adoption was needed for bitcoin's price to increase high and nowadays,its becoming true.More companies coming forward to accept bitcoin payment,more countries to legalize bitcoin.

The main reason for its continuous increase in value is its limited supply of 21 million coins and unlike paper currency,it could not be printed more and issued which causes value of paper currency to get low.
It is an acceptable fact worldwide that greater the demand, greater will be the price of a product. It works exactly the same in case of bitcoin also, since a huge number of people are involved in this bitcoin business it causes the value of bitcoin to increase.

Another reason is that it is appreciated at government level, many governments have their processes undergoing in the legalization of bitcoin which ultimately causes its value to increase.


The government only say that may accept bitcoin in the future. The real action I see. I think they are only playing for time in order to come up with effective methods of dealing with cryptocurrency. Bitcoin is not profitable for any state. But it seems to me that attempts to levy a tax on the users of bitcoin will. Why do we have such legalization?
Obviously the government is actually considering the fact that due to excessive use of digital currencies in today's world for dealing with the financial matters it must be legalized so that the governmental involvement helps improve the economy of the country as they would be thinking about making some laws such as ordering taxes on the holders of digital currencies.

All I can say is that the legalization of cryptocurrencies would only be in favor of the Government and it would somewhat cause a loss for the BTC holders.


Title: Re: The value of bitcoin?
Post by: BartS on November 08, 2017, 06:00:32 PM
I don't agree with Adam Smith.
Bitcoin price is being determined by the free market, it worth what people are willing to pay for it.

The more the bitcoin price goes up, the more it becomes profitable to mine, which makes more miners to join the circulation, which increases the difficulty of mining a bitcoin, and makes it cost more to mine.

I think that the price of something is only related to how much people want it and are willing to pay for it.


During last year bitcoin miners were not really getting a lot out of mining bitcoins but with the recent surge in the price of bitcoin, mining bitcoins has become even more profitable then it used to be and now miners who have spent a lot on their mining equipments are actually making money, bitcoin mining is no longer a hobby but a profitable venture.
Right now miners are making a fortune that is why I find very doubtful they are going to move most of their hash power to other coins as they have threatened to do with the new fork of segwit2x, they have probably made more money in this year alone than in many of the previous years it will not make sense to throw that away especially since they are all competitors and if a miner moves to another coin then that leaves the road open to the rest of the miners to get even more profits.


Title: Re: The value of bitcoin?
Post by: Horus_Cryptsy on November 08, 2017, 06:41:30 PM
I don't agree with Adam Smith.
Bitcoin price is being determined by the free market, it worth what people are willing to pay for it.

The more the bitcoin price goes up, the more it becomes profitable to mine, which makes more miners to join the circulation, which increases the difficulty of mining a bitcoin, and makes it cost more to mine.

I think that the price of something is only related to how much people want it and are willing to pay for it.


During last year bitcoin miners were not really getting a lot out of mining bitcoins but with the recent surge in the price of bitcoin, mining bitcoins has become even more profitable then it used to be and now miners who have spent a lot on their mining equipments are actually making money, bitcoin mining is no longer a hobby but a profitable venture.
Right now miners are making a fortune that is why I find very doubtful they are going to move most of their hash power to other coins as they have threatened to do with the new fork of segwit2x, they have probably made more money in this year alone than in many of the previous years it will not make sense to throw that away especially since they are all competitors and if a miner moves to another coin then that leaves the road open to the rest of the miners to get even more profits.


The value of bitcoin are the economic status and its is a digital currency system ,the value of the bitcoin it's been increased day by day and today rate was $7286 so in future it increased very high and it's touch arround the $10000 this vaules


Title: Re: The value of bitcoin?
Post by: Ronaldcoin2017 on November 08, 2017, 09:00:32 PM
I don't agree with Adam Smith.
Bitcoin price is being determined by the free market, it worth what people are willing to pay for it.

The more the bitcoin price goes up, the more it becomes profitable to mine, which makes more miners to join the circulation, which increases the difficulty of mining a bitcoin, and makes it cost more to mine.

I think that the price of something is only related to how much people want it and are willing to pay for it.


During last year bitcoin miners were not really getting a lot out of mining bitcoins but with the recent surge in the price of bitcoin, mining bitcoins has become even more profitable then it used to be and now miners who have spent a lot on their mining equipments are actually making money, bitcoin mining is no longer a hobby but a profitable venture.
Right now miners are making a fortune that is why I find very doubtful they are going to move most of their hash power to other coins as they have threatened to do with the new fork of segwit2x, they have probably made more money in this year alone than in many of the previous years it will not make sense to throw that away especially since they are all competitors and if a miner moves to another coin then that leaves the road open to the rest of the miners to get even more profits.


The value of bitcoin are the economic status and its is a digital currency system ,the value of the bitcoin it's been increased day by day and today rate was $7286 so in future it increased very high and it's touch arround the $10000 this vaules
yes i agree the value of bitcoin is really increasing and it is all because btc today is getting popular .i believe that btc is getting stronger each day with the high value because of its great demand in the market place because that was really the cycle of the market if the item has a high demand the will rise and also with the value it is aleays correspond buy the moving or maybe the work of bitcoin it really works and many people gain through it that is why it is now having a high price.


Title: Re: The value of bitcoin?
Post by: tj4dmx on November 08, 2017, 09:08:30 PM
The limited total supply of bitcoin that would ever exist also plays a role in its volatility !!


Title: Re: The value of bitcoin?
Post by: MiF on November 08, 2017, 09:31:31 PM
I don't agree with Adam Smith.
Bitcoin price is being determined by the free market, it worth what people are willing to pay for it.

The more the bitcoin price goes up, the more it becomes profitable to mine, which makes more miners to join the circulation, which increases the difficulty of mining a bitcoin, and makes it cost more to mine.

I think that the price of something is only related to how much people want it and are willing to pay for it.


During last year bitcoin miners were not really getting a lot out of mining bitcoins but with the recent surge in the price of bitcoin, mining bitcoins has become even more profitable then it used to be and now miners who have spent a lot on their mining equipments are actually making money, bitcoin mining is no longer a hobby but a profitable venture.
Right now miners are making a fortune that is why I find very doubtful they are going to move most of their hash power to other coins as they have threatened to do with the new fork of segwit2x, they have probably made more money in this year alone than in many of the previous years it will not make sense to throw that away especially since they are all competitors and if a miner moves to another coin then that leaves the road open to the rest of the miners to get even more profits.


The value of bitcoin are the economic status and its is a digital currency system ,the value of the bitcoin it's been increased day by day and today rate was $7286 so in future it increased very high and it's touch arround the $10000 this vaules
yes i agree the value of bitcoin is really increasing and it is all because btc today is getting popular .i believe that btc is getting stronger each day with the high value because of its great demand in the market place because that was really the cycle of the market if the item has a high demand the will rise and also with the value it is aleays correspond buy the moving or maybe the work of bitcoin it really works and many people gain through it that is why it is now having a high price.
yes i agree on that the value of biycoin is really depend on the movement of the demand and usage in a market place because if no one use btc and no one invest on it it will really go down and it cant survive .i believe bitcoin is really amzing that is why its price now a days getting warmer and it has a great demand leading its price to heading up.


Title: Re: The value of bitcoin?
Post by: jaysabi on November 08, 2017, 10:03:22 PM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.

The problem is there aren't a lot of way to analyze the appropriate price for bitcoin, or to determine what valuation should be. People can make arguments about technical indicators and levels of support, but that still doesn't really get at the core of what the value should be, or what is an appropriate way to value it. At the time you wrote this, you indicated you would have been uncomfortable with btc over $5000, and now we're over $7000. I've held for a long time, and even as I've increasingly grown less convinced this isn't a bubble, I've still resisted selling out of any position. But today was the day that changed. The SegWit2x fiasco combined with the prices above $7000 have me taking risk off the table now.


Title: Re: The value of bitcoin?
Post by: _Dawid_ on November 09, 2017, 11:46:11 PM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation and it is very good clue.
We can also find that is determined by the cost in human labor it is also clear. But in the same time currently we must point out that it is only the rule in the perfect world. We are in the real, a lot of people work for nothing, and others pay too much for things which are overstate.
How about bitcoin? It is a speculaion only, currently people has created its price which only show the demand on such goods.


Title: Re: The value of bitcoin?
Post by: palle11 on November 16, 2017, 09:27:10 AM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.

Can we really acquiesce to that hypothesis of Adams Smith... "that the price of all things are equivalent to the human labor involved in their exploitation".?

Talking about bitcoin and its earnings , we would see that the earnings do not actually equate what was exerted to earn it. This especially in the area of just holding in a wallet.

For instance, with a scenario of a user or investor, just holding a fraction of bitcoin in the wallet & experiencing daily growth far outweighs the energy, time , value and other areas of consideration for investment.

Consequently in my view, bitcoin has flawed such hypothesis.


Title: Re: The value of bitcoin?
Post by: appleffi on November 16, 2017, 09:37:25 AM
The value of bitcoin now a days is becoming more predictable for the early investors of bitcoin. One of my friend, who is one of the few people I knew who believes in bitcoin back in days and invest why bitcoin is on its earlier stage. He once told me a forecast about whats going to happen on bitcoin in the month. And the month after, the thing that he told me to happen really happens. That is how experienced investor be like when they already become knowledgeable on the market trend of bitcoin.


Title: Re: The value of bitcoin?
Post by: ferdinandos93 on November 16, 2017, 10:02:40 AM
I don't agree with Adam Smith.
Bitcoin price is being determined by the free market, it worth what people are willing to pay for it.

The more the bitcoin price goes up, the more it becomes profitable to mine, which makes more miners to join the circulation, which increases the difficulty of mining a bitcoin, and makes it cost more to mine.

I think that the price of something is only related to how much people want it and are willing to pay for it.


During last year bitcoin miners were not really getting a lot out of mining bitcoins but with the recent surge in the price of bitcoin, mining bitcoins has become even more profitable then it used to be and now miners who have spent a lot on their mining equipments are actually making money, bitcoin mining is no longer a hobby but a profitable venture.
Right now miners are making a fortune that is why I find very doubtful they are going to move most of their hash power to other coins as they have threatened to do with the new fork of segwit2x, they have probably made more money in this year alone than in many of the previous years it will not make sense to throw that away especially since they are all competitors and if a miner moves to another coin then that leaves the road open to the rest of the miners to get even more profits.


The value of bitcoin are the economic status and its is a digital currency system ,the value of the bitcoin it's been increased day by day and today rate was $7286 so in future it increased very high and it's touch arround the $10000 this vaules
yes i agree the value of bitcoin is really increasing and it is all because btc today is getting popular .i believe that btc is getting stronger each day with the high value because of its great demand in the market place because that was really the cycle of the market if the item has a high demand the will rise and also with the value it is aleays correspond buy the moving or maybe the work of bitcoin it really works and many people gain through it that is why it is now having a high price.
yes i agree on that the value of biycoin is really depend on the movement of the demand and usage in a market place because if no one use btc and no one invest on it it will really go down and it cant survive .i believe bitcoin is really amzing that is why its price now a days getting warmer and it has a great demand leading its price to heading up.
That is true i also think that if more people want it the price will of up way more than it is right now and it does depend on other things too bu this is one of the most best things because last there was a stole btc atm but the robbers did not think that btc is an online currency.


Title: Re: The value of bitcoin?
Post by: deisik on November 16, 2017, 10:15:05 AM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it

That's bullshit

The price of anything is determined entirely by the balance of market supply and demand, thus it doesn't matter how much effort, time, or labor was put into creating this or that thing. Deep under the hood, it all comes down to marginal utility or, rather, a combined marginal utility of a particular thing among all economic entities. You may want to read Carl Menger on this rather than Adam Smith (and he is Adam, not Adams) or Karl Marx, who was also an insane proponent of the labor theory of value


Title: Re: The value of bitcoin?
Post by: Basmic on November 16, 2017, 10:18:39 AM
The value of bitcoin now a days is becoming more predictable for the early investors of bitcoin. One of my friend, who is one of the few people I knew who believes in bitcoin back in days and invest why bitcoin is on its earlier stage. He once told me a forecast about whats going to happen on bitcoin in the month. And the month after, the thing that he told me to happen really happens. That is how experienced investor be like when they already become knowledgeable on the market trend of bitcoin.
Believe me it is just a coincidence. I'm not arguing with the fact that sometimes the behavior of bitcoin is predictable but that's only sometimes. Usually the price is behaving inappropriately. Nobody can guess when the whales will begin concerted efforts to destabilize the market. It depends on them. Also, no one can know succumb users panic.


Title: Re: The value of bitcoin?
Post by: ZedMain on November 16, 2017, 10:26:52 AM
The value of bitcoin depend on a lot of things the most important one would be how much people know about it and invest in it and trust it a lot of people because we all here want to have some bitcoins and that is already a lot of people.


Title: Re: The value of bitcoin?
Post by: Nanot on November 16, 2017, 10:35:10 AM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.
The bitcoin may increase in its currency price by promoting and recognizing the value of bitcoin to be the financial usage of each countries. Its currency price may lead into increasing more,because of possibility that bitcoin is already ligallize in each country in the world for the welfare of its economy


Title: Re: The value of bitcoin?
Post by: adzino on November 16, 2017, 10:38:11 AM
The value of bitcoin depend on a lot of things the most important one would be how much people know about it and invest in it and trust it a lot of people because we all here want to have some bitcoins and that is already a lot of people.
Just investing on bitcoin won't help the price to increase. People will need to adopt it. They got to use it as a medium of exchange rather than using it only as a storage medium. The more it is used, the better the price will be.


Title: Re: The value of bitcoin?
Post by: yasuoWasakey99 on November 16, 2017, 10:58:19 AM
The value of bitcoin depends on a lot of things i would say it is the first coin that is the one and most important thing also it is one of the best ideas and people want it is wanted at the moment but that is also because of the price more and more people are starting with it.


Title: Re: The value of bitcoin?
Post by: davinchi on November 21, 2017, 06:54:39 AM
The value of bitcoin now a days is becoming more predictable for the early investors of bitcoin. One of my friend, who is one of the few people I knew who believes in bitcoin back in days and invest why bitcoin is on its earlier stage. He once told me a forecast about whats going to happen on bitcoin in the month. And the month after, the thing that he told me to happen really happens. That is how experienced investor be like when they already become knowledgeable on the market trend of bitcoin.
I don’t think they are able to predict anything, they just guess and call a high price knowing that it will one day reach that rate. And for how the price of Bitcoin is determined, I believe it is not by the level of labor that is being put in, it is by amount of investment that was made by investors.

One of my friends normally says the Bitcoin price is mostly speculations, but as someone who is on the side of Bitcoin, I wouldn’t say such thing. As for predicting the market, it takes a lot of experience to do that, but not all predictions works.


Title: Re: The value of bitcoin?
Post by: Fulmand on November 21, 2017, 07:33:05 AM
The value of bitcoin now a days is becoming more predictable for the early investors of bitcoin. One of my friend, who is one of the few people I knew who believes in bitcoin back in days and invest why bitcoin is on its earlier stage. He once told me a forecast about whats going to happen on bitcoin in the month. And the month after, the thing that he told me to happen really happens. That is how experienced investor be like when they already become knowledgeable on the market trend of bitcoin.
I don’t think they are able to predict anything, they just guess and call a high price knowing that it will one day reach that rate. And for how the price of Bitcoin is determined, I believe it is not by the level of labor that is being put in, it is by amount of investment that was made by investors.

One of my friends normally says the Bitcoin price is mostly speculations, but as someone who is on the side of Bitcoin, I wouldn’t say such thing. As for predicting the market, it takes a lot of experience to do that, but not all predictions works.


Well,  it always great having increasing its price every month. They always moving weather decreasing its price or increasing its price rates. They only thing is be patient and continues in investing so that it will give credit to the value of bitcoin.


Title: Re: The value of bitcoin?
Post by: Yaunfitda on November 21, 2017, 07:38:17 AM
The value of bitcoin now a days is becoming more predictable for the early investors of bitcoin. One of my friend, who is one of the few people I knew who believes in bitcoin back in days and invest why bitcoin is on its earlier stage. He once told me a forecast about whats going to happen on bitcoin in the month. And the month after, the thing that he told me to happen really happens. That is how experienced investor be like when they already become knowledgeable on the market trend of bitcoin.
I don’t think they are able to predict anything, they just guess and call a high price knowing that it will one day reach that rate. And for how the price of Bitcoin is determined, I believe it is not by the level of labor that is being put in, it is by amount of investment that was made by investors.

One of my friends normally says the Bitcoin price is mostly speculations, but as someone who is on the side of Bitcoin, I wouldn’t say such thing. As for predicting the market, it takes a lot of experience to do that, but not all predictions works.

I'm also on the side that bitcoin is nothing but a speculative market. We can't deny that. That's why TA or any analysis is not applicable on bitcoin ecosystem because its just an educative guess. But what we are now seeing is something extraordinary, people are buying bitcoin in hope that the price will increase in the future.

Being said that, in order to really increase the price, one must not only buy it, but rather used it. I mean when we have bitcoins, do we spend it or just hold on it? Personally, I do both, spend it sometimes and even convert it to fiat to really take advantage because bitcoin is not being accepted by most online sites, and they a few stash for me to hold, just in case bitcoin rose to $10000.


Title: Re: The value of bitcoin?
Post by: fuer44 on November 21, 2017, 07:48:50 AM
The value of bitcoin now a days is becoming more predictable for the early investors of bitcoin. One of my friend, who is one of the few people I knew who believes in bitcoin back in days and invest why bitcoin is on its earlier stage. He once told me a forecast about whats going to happen on bitcoin in the month. And the month after, the thing that he told me to happen really happens. That is how experienced investor be like when they already become knowledgeable on the market trend of bitcoin.
I don’t think they are able to predict anything, they just guess and call a high price knowing that it will one day reach that rate. And for how the price of Bitcoin is determined, I believe it is not by the level of labor that is being put in, it is by amount of investment that was made by investors.

One of my friends normally says the Bitcoin price is mostly speculations, but as someone who is on the side of Bitcoin, I wouldn’t say such thing. As for predicting the market, it takes a lot of experience to do that, but not all predictions works.

I'm also on the side that bitcoin is nothing but a speculative market. We can't deny that. That's why TA or any analysis is not applicable on bitcoin ecosystem because its just an educative guess. But what we are now seeing is something extraordinary, people are buying bitcoin in hope that the price will increase in the future.

Being said that, in order to really increase the price, one must not only buy it, but rather used it. I mean when we have bitcoins, do we spend it or just hold on it? Personally, I do both, spend it sometimes and even convert it to fiat to really take advantage because bitcoin is not being accepted by most online sites, and they a few stash for me to hold, just in case bitcoin rose to $10000.
trading alone doesnt make bitcoin prices will rise, because there will be a monotonous round. between buying when the price is cheap and selling it when the price is high. then when the price goes down, will buy again. I agree with you, if the factors that cause bitcoin prices go up, not just buy it. however, using bitcoin will be very effective for pumping bitcoin prices.


Title: Re: The value of bitcoin?
Post by: ethereumhunter on November 21, 2017, 11:31:45 AM
The value of bitcoin now a days is becoming more predictable for the early investors of bitcoin. One of my friend, who is one of the few people I knew who believes in bitcoin back in days and invest why bitcoin is on its earlier stage. He once told me a forecast about whats going to happen on bitcoin in the month. And the month after, the thing that he told me to happen really happens. That is how experienced investor be like when they already become knowledgeable on the market trend of bitcoin.
I don’t think they are able to predict anything, they just guess and call a high price knowing that it will one day reach that rate. And for how the price of Bitcoin is determined, I believe it is not by the level of labor that is being put in, it is by amount of investment that was made by investors.

One of my friends normally says the Bitcoin price is mostly speculations, but as someone who is on the side of Bitcoin, I wouldn’t say such thing. As for predicting the market, it takes a lot of experience to do that, but not all predictions works.


Well,  it always great having increasing its price every month. They always moving weather decreasing its price or increasing its price rates. They only thing is be patient and continues in investing so that it will give credit to the value of bitcoin.


maybe we can not predict with precisely but at least we can see the price is trying to increase daily and this mean the one of the value of bitcoin which money is increase so we can withdraw our profit. bitcoin price is speculations but for me, the speculations can help us to reach profit that we want so if we are still holding the bitcoin, in the end we can make profit too.


Title: Re: The value of bitcoin?
Post by: faceoff97 on November 21, 2017, 11:42:21 AM
The value of bitcoin depend on a lot of things the most important one would be how much people know about it and invest in it and trust it a lot of people because we all here want to have some bitcoins and that is already a lot of people.
Basically, it is one of the factor why we saw bitcoin continously growing and pump, its actually not just because of its high demand but also becausebut gaining really great popularity at the same time. Well known personalities are actually getting involved with cryptosystem which maybe the reason why great number of people are trusting and getting themselves also involved with it.


Title: Re: The value of bitcoin?
Post by: sindikat on November 21, 2017, 11:50:51 AM
I don't quite believe that all who have bitcoins really trust him. A lot of people just use the situation. They want to earn a lot of money through the use of bitcoins, but at each stage the price drop they panic and sell their bitcoins. These actions only reinforce the effect of the fall.


Title: Re: The value of bitcoin?
Post by: DrGuns4Hands on November 21, 2017, 02:16:45 PM
The price of bitcoin will be better if we used it more. Investing on bitcoin clearly wont increase the price of it. The main concept of bitcoin is great and at first it seem like long term is going to work out but its value is the issue here and that is the value of bitcoin.


Title: Re: The value of bitcoin?
Post by: palle11 on November 21, 2017, 02:33:00 PM
I don't quite believe that all who have bitcoins really trust him. A lot of people just use the situation. They want to earn a lot of money through the use of bitcoins, but at each stage the price drop they panic and sell their bitcoins. These actions only reinforce the effect of the fall.

Mate you are actually correct. Many people just see bitcoin as a means of making big money & don't care how the business goes, those people fall under the "investors without a hoot"- they do panic selling. Thus, the real investors are those who are holding for long & still believing that oneBTC will get to $50,000 in the future.


Title: Re: The value of bitcoin?
Post by: Theb on November 21, 2017, 02:52:31 PM
The value of bitcoin depend on a lot of things the most important one would be how much people know about it and invest in it and trust it a lot of people because we all here want to have some bitcoins and that is already a lot of people.
Basically, it is one of the factor why we saw bitcoin continously growing and pump, its actually not just because of its high demand but also becausebut gaining really great popularity at the same time. Well known personalities are actually getting involved with cryptosystem which maybe the reason why great number of people are trusting and getting themselves also involved with it.
Really hard to pinpoint the exact value of Bitcoin if demand is our only basis for it, usually other assets such as stocks and real estate have other basis outside of demand to determine its real value or fair market value which Bitcoin as of the moment does not have. Many people (especially the new ones) think that what they are doing when they are buying Bitcoin is "investing" which is essentially not true as what you are really doing is trading as you are as of the moment basing your buying and selling decisions base on demand and its price charts, investing requires a lot of fundamental analysis which Bitcoin does not have.


Title: Re: The value of bitcoin?
Post by: Babylon on November 21, 2017, 02:58:25 PM
The price of bitcoin will be better if we used it more. Investing on bitcoin clearly wont increase the price of it. The main concept of bitcoin is great and at first it seem like long term is going to work out but its value is the issue here and that is the value of bitcoin.

I guess bitcoin price likewise helps to increase its value.  Because when there is huge demand for it, then its price will increase.  But I agree with you that if we will use bitcoin everytime then it will even helps its price to increase.  But the clear thing as of now is that its price is really high compared to other commodities in the market.


Title: Re: The value of bitcoin?
Post by: Siren on November 21, 2017, 03:22:29 PM
The price of bitcoin will be better if we used it more. Investing on bitcoin clearly wont increase the price of it. The main concept of bitcoin is great and at first it seem like long term is going to work out but its value is the issue here and that is the value of bitcoin.

I guess bitcoin price likewise helps to increase its value.  Because when there is huge demand for it, then its price will increase.  But I agree with you that if we will use bitcoin everytime then it will even helps its price to increase.  But the clear thing as of now is that its price is really high compared to other commodities in the market.

It could be, I think it could be also similar to fiat in a way. If people have enough purchasing power to put back the money into circulation, then bitcoin could be up and increase its value. It we put back our bitcoin back into the ecosystem, then more investors could buy it at a higher price, then it could surely put the price to even higher because the demand is there.


Title: Re: The value of bitcoin?
Post by: allthingsluxury on November 21, 2017, 03:23:27 PM
The value of Bitcoin is the value of anything else in the market. The price someone is currently willing to pay for it.


Title: Re: The value of bitcoin?
Post by: Ararbermas on November 21, 2017, 04:27:10 PM
Bitcoin is like a dream you need to be strong and do harkwork to make that happen like to earn for your good future.Bitcoin change me a lot base in food,time and knowledge i think i become a better person here i think day by day its very useful in my life because i earn here so i can buy all i want in life
yeah maybe youre right through investing and trading on bitcoin can lead us to the brighter future which is when bitcoin rocketed to the moon. what i mean when bitcoin reach the highest value than current price before we invest or trade. So that Through that stuff with knowledge and strategy we can sustain our finacial needs in our daily basis. But i think without effort and knowledge  we cant achieve our goals so i think must have effort , patience and knowledge to became profitable in the future through bitcoin.


Title: Re: The value of bitcoin?
Post by: alexzorgo on November 21, 2017, 04:53:13 PM
Value bitcoin consists in its exclusive qualities which undergo testing for durability every year. And these qualities only increase its cost.
1) Lack of centralized control: any bank or the government doesn't control a bitcoin blockchain
2) Safely for the user
3) Steadily on the fundamental properties
4) The technology based on the distributed register
5) Open source code and big strong community of developers
6) Limited issue
7) Resistance to the hacker attacks
8) Technical availability is identical to all: availability of Internet access is enough


Title: Re: The value of bitcoin?
Post by: Shutup on November 21, 2017, 11:53:12 PM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.
People value bitcoin because it is much precious as gold. Bitcoin gives life to people.People now is desperate looking for bitcoin because bitcoin now is getting popular because it gives cash to people who knows about the rules of bitcoin.Most of this time bitcoin is getting expensive they will value more.


Title: Re: The value of bitcoin?
Post by: crzy on November 22, 2017, 12:32:43 AM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.
People value bitcoin because it is much precious as gold. Bitcoin gives life to people.People now is desperate looking for bitcoin because bitcoin now is getting popular because it gives cash to people who knows about the rules of bitcoin.Most of this time bitcoin is getting expensive they will value more.

A lot of people are now believing on bitcoin and the price of bitcoin will soar higher as a result. Bitcoin offers great opportunity for ordinary people to make money and in the future a lot of people will surely benefited on this revolution of a great technology.


Title: Re: The value of bitcoin?
Post by: Riddikulo on November 22, 2017, 01:01:44 PM
You cannot estimate the value of BTC as it is really doomed to grow, and as we all see it have been doing it all the time. Yes, the periods of rollbacks happen, but they are temporary. It might cost already $48,000 in several years, and you’ll see it.


Title: Re: The value of bitcoin?
Post by: sampalokmix on November 22, 2017, 01:07:20 PM
The production and the monetary supply of Bitcoin are invariant, so the only long-term variable determining the price is demand. It doesn't matter what it costs miners to mine it.

In fact, the price determines the aggregate cost of mining, and not the other way around. That is because the cost of mining only determines who mines. It does not determine how much is mined.

I agree with that, bitcoin has no exact amount or in other word its volatile it is one of the essential feature that bitcoin possessed . If its volatility is absent I think people will not recognized as faster as it could to be an essential thing to pursue, and bitcoin price dumps but pumps for the next time I think it's one of the technique of bitcoin thats why it becomes expensive.


Title: Re: The value of bitcoin?
Post by: paaatrisya on November 24, 2017, 03:07:00 PM
Bitcoin has value as a private digital currency, investment tool and social networking tool.


Title: Re: The value of bitcoin?
Post by: d1ceplayer on November 27, 2017, 06:16:28 AM
The value of bitcoin now a days is becoming more predictable for the early investors of bitcoin. One of my friend, who is one of the few people I knew who believes in bitcoin back in days and invest why bitcoin is on its earlier stage. He once told me a forecast about whats going to happen on bitcoin in the month. And the month after, the thing that he told me to happen really happens. That is how experienced investor be like when they already become knowledgeable on the market trend of bitcoin.
I don’t think they are able to predict anything, they just guess and call a high price knowing that it will one day reach that rate. And for how the price of Bitcoin is determined, I believe it is not by the level of labor that is being put in, it is by amount of investment that was made by investors.

One of my friends normally says the Bitcoin price is mostly speculations, but as someone who is on the side of Bitcoin, I wouldn’t say such thing. As for predicting the market, it takes a lot of experience to do that, but not all predictions works.


Well,  it always great having increasing its price every month. They always moving weather decreasing its price or increasing its price rates. They only thing is be patient and continues in investing so that it will give credit to the value of bitcoin.

Exactly! Patience is the only key to success and that too for a person who actually wants to earn a huge amount of money by investing in bitcoin.

If we look at the market value of bitcoin since the time it was introduced to this world, then we’ll notice this thing that its value is increasing significantly with each passing day. Bitcoin will be in deed very much valuable in the coming days and it will serve the community in the best way.


Title: Re: The value of bitcoin?
Post by: Idrisu on November 27, 2017, 06:31:19 AM
Since you cannot hold bitcoin above $5000, I believe you have sold your bitcoin by now but today bitcoin is just a little dollars to $10,000 and the volatility and upwards movements is to our favour.  Bitcoin value will not be stable for now as we are just at the early stages and many people and investors has little knowledge on bitcoin and once bitcoin go mainstream we would be seeing it price above $100,000.


Title: Re: The value of bitcoin?
Post by: Swenna on November 28, 2017, 04:00:06 PM
Bitcoin is volatile. It's value changes minute to minute so there is no exact value. It was able to reach $10000 dollars recently but now, it had gone back to $9985. It changes depending in the flow and movement in the market.


Title: Re: The value of bitcoin?
Post by: gorot on November 28, 2017, 04:07:44 PM
But price doesn't mean value. Yes, price is rising, but value is the same and it's the biggest problem as for me.


Title: Re: The value of bitcoin?
Post by: supandi wiharja on November 28, 2017, 05:04:14 PM
I'm really surprised by the current bitcoin value, the bitcoin price movement is so fast and now it's worth over $ 10,000, it's really a fantastic value.

Significant bitcoin growth makes many people want to invest in bitcoin because they want to take advantage of this very promising price.

Everyone will take advantage of a good opportunity by looking at the situation to gain great benefits through the use of bitcoin.


Title: Re: The value of bitcoin?
Post by: odolvlobo on November 29, 2017, 07:40:43 AM
But price doesn't mean value. Yes, price is rising, but value is the same and it's the biggest problem as for me.

Value is subjective. While you may believe that the value of a bitcoin is below the current price, the person that bought at the current price believes that the value is above the current price.


Title: Re: The value of bitcoin?
Post by: fullhdpixel on November 30, 2017, 09:26:50 AM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.
Bitcoin is a crypto currency and there is always up and downs in the value of crypto coin as they are not perfectly stable.

But what really matters is its average value and its graph and in the case of bitcoin the graph is ever increasing until and its average increase is also too Hight it has reached the heights of $10,000 few days before and it will still increase. If you invest for long time than you are sure to have profit from bitcoin as everyone else have got form it.


Title: Re: The value of bitcoin?
Post by: chrisrok on November 30, 2017, 09:40:28 AM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.

its so easy = Value is determined by supply and demand... nothing else


Title: Re: The value of bitcoin?
Post by: randal9 on November 30, 2017, 01:49:33 PM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.

its so easy = Value is determined by supply and demand... nothing else
very good info...the cost is really determined by supply and demand...for this reason bitcoin has such a high price


Title: Re: The value of bitcoin?
Post by: hiscall on November 30, 2017, 02:03:09 PM
the real value is trust members ready to pay a lot of money all this make price increase/pump .

in future we will get huge numbers like 20,000$ to 100,000$


Title: Re: The value of bitcoin?
Post by: saifanik on November 30, 2017, 02:07:13 PM
The value of Bitcoin is increasing day by day.It is very expensive now.It already reached a huge amount of money.So,the value of Bitcoin is high now


Title: Re: The value of bitcoin?
Post by: a4techer on November 30, 2017, 02:13:24 PM
Right now the value of bitcoin was so amazing because the value was continuous increasing so it means many investor in every country was invisting their money here in bitcoin so that as we can see was growing up the value so for those who using bitcoin and ng here in bitcoin was happy and have a big income.


Title: Re: The value of bitcoin?
Post by: vidprab5 on December 01, 2017, 11:17:39 AM
I don't agree with Adam Smith.
Bitcoin price is being determined by the free market, it worth what people are willing to pay for it.

The more the bitcoin price goes up, the more it becomes profitable to mine, which makes more miners to join the circulation, which increases the difficulty of mining a bitcoin, and makes it cost more to mine.

I think that the price of something is only related to how much people want it and are willing to pay for it.



Sigh, it seems like many people do not really quite understand bitcoin yet.  I do believe you are somewhat and then somewhat wrong on your statement.
There are many factors that determine the value of bitcoin, it can just be based off greed and what people are willing to pay for it.  You said that mining makes bitcoin more valuable which is true and that is just one factor of it.  The fact I believe that bitcoin is the first Digital or crypto currency to have a cap is one of the reasons why it holds so much value.  To point out Bitcoin can be used to make online purchases not just to store value.  These are only two factors that give it the value it is going to deserve.  There are many factors that are driving of bitcoin. Its not only based on what people are willing to pay for it.
Yeah mate you are right many people don’t know that bitcoin is basically a currency and was designed in place of cash money and now it has become investment, I don’t say that it is bad thing I am just saying don’t just store your investment into it use it as currency so that it can circulate across the world and who mankind will get benefits and btc is best because it can be used in dual mode so it’s your will to use.


Title: Re: The value of bitcoin?
Post by: hase0278 on December 01, 2017, 11:31:06 AM
Yeah mate you are right many people don’t know that bitcoin is basically a currency and was designed in place of cash money and now it has become investment, I don’t say that it is bad thing I am just saying don’t just store your investment into it use it as currency so that it can circulate across the world and who mankind will get benefits and btc is best because it can be used in dual mode so it’s your will to use.
Well said but no one can get others use bitcoin as a currency if they don't want to so it's value nowadays are only determined by mere speculation alone. Look at it now, people see it as an asset rather as a currency and that dual mode you are talking about will not be achieved it unless people, specially those who are relatively new and is only using it for a year starts to look at it at as different way. bitcoin is meant to be used as a currency in the first place and they must use it like what it is intended to for it to gain value from pure demand alone.


Title: Re: The value of bitcoin?
Post by: biboy on December 01, 2017, 11:36:21 AM
Right now the value of bitcoin was so amazing because the value was continuous increasing so it means many investor in every country was invisting their money here in bitcoin so that as we can see was growing up the value so for those who using bitcoin and ng here in bitcoin was happy and have a big income.
That is right, it simply means that bitcoin is truly a world wide worth investing, we are now in a world that needs investment because to live now is too costly so bitcoin is truly a great help for all of us, bitcoin is not just a typical crypto because it changes the life of many people that is why a lot is valuing bitcoin just like how they value their properties.


Title: Re: The value of bitcoin?
Post by: lablab03 on December 01, 2017, 11:44:38 AM
the real value is trust members ready to pay a lot of money all this make price increase/pump .

in future we will get huge numbers like 20,000$ to 100,000$
maybe yes cause we all know bitcoin value depends on  a bunch of people who became interested To invest Their money through bitcoin . which is they risk their money to gain more profit and also because of theIr trust and positive predictions that maybe bitcoin will surge. Perhaps thats is the reason  why bitcoin Value still growing  Maybe it will bullish until Christmas.  


Title: Re: The value of bitcoin?
Post by: putrisa on December 01, 2017, 02:43:34 PM
bitcoin will not be stopped because bitcoin is a very useful digital currency for the future, with prices still rising and falling this is a golden opportunity to benefit from it.


Title: Re: The value of bitcoin?
Post by: Yamifoud on December 01, 2017, 03:27:30 PM
bitcoin will not be stopped because bitcoin is a very useful digital currency for the future, with prices still rising and falling this is a golden opportunity to benefit from it.
The community believing bitcoin that would make something difference in the future. As everyone embrace this new generation of currencies, I believe all of us will gained benefits from here. Though bitcoin isn't totally recognized worldwide at thid time but I know it will go for that someday.


Title: Re: The value of bitcoin?
Post by: Silber on December 01, 2017, 03:38:10 PM
The Value of 1 Bitcoin is 100 Million Satoshi  :D

Bitcoin it self has no value at all. We buy numbers (Private Key) and hope to sell it for a higher price in the future.


Title: Re: The value of bitcoin?
Post by: bcmine on December 01, 2017, 03:44:10 PM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.

well next stop is 15k


Title: Re: The value of bitcoin?
Post by: Majharul Saiif on December 01, 2017, 04:19:56 PM
In this year,Bitcoin price is increasing and it has already reached a huge amount of money. It's very expensive now for people.I think,it's price will increase more in this month.So,the value of Bitcoin is so high.


Title: Re: The value of bitcoin?
Post by: Digitalbitcoin on December 01, 2017, 05:14:25 PM
Bitcoin is peer to peer cryptocurrency which can be accessed via internet only. It means its clearly a digital/virtual currency which can be stored transacted electronically only. In such conditions price of Bitcoins is decided by its users. According to Bitcoins specification there is limited number of supply of Bitcoins and will be generated till 2145. So till 2145 value of Bitcoins will be more higher.


Title: Re: The value of bitcoin?
Post by: Nievs on January 29, 2018, 04:37:56 PM
The value of bitcoin is unpredictable
Sometimes the value of bitcoin increase day by day
Like what I said unpredictable you should analyze when the price go lower


Title: Re: The value of bitcoin?
Post by: Alalex on January 31, 2018, 07:11:37 AM
Value of bitcoin in forex market.

Currently still below the red line, chances are that many will lose money trading cripto if they take the balance of cripto money.

To solve the problem if you do not want to lose money in trading cripto, we do not make transactions cripto money balance.

Because it is dangerous for the investor to be more secure in the value of the amount of the balance savings let it take place and wait for several days / several months ..

Make sure the cripto money price goes back up and and see if the bitcoin balance has gone up and the first deposit amount means it already exists good change with all cripto money balance save.

Do not be too afraid of losing the amount of money saved, if you do not want to lose again.


Title: Re: The value of bitcoin?
Post by: Markpet01 on January 31, 2018, 07:54:08 AM
The value of bitcoin is like a roller coaster.But in the next year the price of bitcoin is getting higher and higher.


Title: Re: The value of bitcoin?
Post by: Obeng ketok on March 08, 2018, 12:53:41 AM
Bitcoin has all the same characteristics as gold. The amount of Bitcoin is limited (there is only a certain amount to be produced), Bitcoin can be broken down into smaller units without losing the value of the unit (1 Bitcoin = 100,000,000 Satoshi - the smallest unit of Bitcoin, the same as cents in Dollars or Pennies in Pounds, we can buy less than one Bitcoin), Bitcoin technology is also stable and will not degrade, nor can it be made fake Bitcoin. Besides, unlike gold, you can move Bitcoin anywhere in the world in minutes, regardless of the amount of Bitcoin. That's why people call Bitcoin a digital gold, but better digital gold.


Title: Re: The value of bitcoin?
Post by: Harrisonimo on March 08, 2018, 01:28:50 AM
The value of Bitcoin has been in some kind of regulations. Until the real market influencers are being incapacitated, then we have a regulatory body to put things in check, bitcoin will soon exhibit its volatility character soon.


Title: Re: The value of bitcoin?
Post by: Jossy111 on March 08, 2018, 03:20:42 AM
mining of bitcoin and its monetary supply are invariant, therefore demand is the only long-term variable in its price determinant, in regardless of the cost it will cost miners to mine it.

the price determines the aggregate cost of mining, and not the other way around. That is because the cost of mining only determines who mines. It does not determine how much is mined. though the price of bitcoin is unpredictable and cannot be predicted by anyone as the price can rice today and fall tomorrow.


Title: Re: The value of bitcoin?
Post by: carlisle1 on March 08, 2018, 03:41:24 AM
bitcoin will not be stopped because bitcoin is a very useful digital currency for the future, with prices still rising and falling this is a golden opportunity to benefit from it.
got it,thats why people love to invest here because of the volatility of every coins,this way many of us come to gain profit from it,all of this qualities are the factors why investors comes many each day..

The value of bitcoin is like a roller coaster.But in the next year the price of bitcoin is getting higher and higher.
Nostra Damus is that you?how did you know that bitcoin price will GO HIGHER AND HIGHER NEXT YEAR?dont tell stories that no one can prove,because many spectators will believe you


Title: Re: The value of bitcoin?
Post by: chocomartin on March 08, 2018, 03:47:22 AM
I think most of you missed his/her point. OP wasn't talking about what its current price is but how its value is measured based on actual concrete factors (such as the example he used with gold and manual labor although I don't think the value of gold is equal to the cost incurred in mining it). In my opinion, what could justify BTC's price is its value in being a decentralized currency. What I mean by this is that people see value in the use of a currency wherein no authoritarian entity is looming over them watching their transactions and no third party incurring additional transaction fees.


Title: Re: The value of bitcoin?
Post by: dvillier on March 08, 2018, 04:13:27 AM
mining of bitcoin and its money related supply are invariant, in this way request is the main long haul variable in its value determinant, in paying little respect to the cost it will cost excavators to mine it.
the cost decides the total cost of mining, and not the a different way. That is on account of the cost of mining just figures out who mines. It doesn't decide what amount is mined. in spite of the fact that the cost of bitcoin is erratic and can't be anticipated by anybody as the cost can rice today and fall tomorrow.


Title: Re: The value of bitcoin?
Post by: BitcoinLoan on March 08, 2018, 07:55:26 AM
The value of Bitcoin has been in some kind of regulations. Until the real market influencers are being incapacitated, then we have a regulatory body to put things in check, bitcoin will soon exhibit its volatility character soon.
Futures, as they are known, allow two parties to exchange an asset at a specified price at an agreed upon date in the future.The combined value of every bitcoin currently in existence is around $274bn - more than most major companies.In theory, investors will now be able to bet against Bitcoin - which could help find the currency's true value.


Title: Re: The value of bitcoin?
Post by: Alalex on March 08, 2018, 08:46:31 AM
The value of bitcoin is still very low so limited the income of investors who invest with cripto money.

Indeed this is an opportunity for investors to collect as much coin bitcoin as possible.

But if investors do not have a large capital base to buy cripto money, it's useless to invest in a low deposit because of the little profit earned, and take a long time to collect the large amount of bitcoin.

So indeed we are limited with the basic capital that we have to be able to invest with bitcoin.

Or we also develop our bitcoin deposit money in another way. Hopefully useful and useful for many people.


Title: Re: The value of bitcoin?
Post by: carlisle1 on March 08, 2018, 08:49:59 AM
I'm really surprised by the current bitcoin value, the bitcoin price movement is so fast and now it's worth over $ 10,000, it's really a fantastic value.

Significant bitcoin growth makes many people want to invest in bitcoin because they want to take advantage of this very promising price.

Everyone will take advantage of a good opportunity by looking at the situation to gain great benefits through the use of bitcoin.
dont be surprised as bitcoin carrying high price(though this days are not)as the volume of this great coin has limited and now almost come to be mined all of it..im optimistic on this part but i know this coin will reach $100,000 in the near future as the effect of lightning network now is being accepted by old investors who use to leave bitcoin,and now coming back again because of this action


Title: Re: The value of bitcoin?
Post by: shakaru on March 08, 2018, 08:55:37 AM
I'm really surprised by the current bitcoin value, the bitcoin price movement is so fast and now it's worth over $ 10,000, it's really a fantastic value.

Significant bitcoin growth makes many people want to invest in bitcoin because they want to take advantage of this very promising price.

Everyone will take advantage of a good opportunity by looking at the situation to gain great benefits through the use of bitcoin.
dont be surprised as bitcoin carrying high price(though this days are not)as the volume of this great coin has limited and now almost come to be mined all of it..im optimistic on this part but i know this coin will reach $100,000 in the near future as the effect of lightning network now is being accepted by old investors who use to leave bitcoin,and now coming back again because of this action

lightning network have a lot of bugs and problems at this moment its not a way to fix all bitcoin lags and speed. Also hodlers like satoshi who have 100k bitcoins and other ones still didn't sell they bitcoin on markets and i could impress what will be when they will started to sell it.


Title: Re: The value of bitcoin?
Post by: goku1525 on March 08, 2018, 09:17:31 AM
I'm really surprised by the current bitcoin value, the bitcoin price movement is so fast and now it's worth over $ 10,000, it's really a fantastic value.

Significant bitcoin growth makes many people want to invest in bitcoin because they want to take advantage of this very promising price.

Everyone will take advantage of a good opportunity by looking at the situation to gain great benefits through the use of bitcoin.
dont be surprised as bitcoin carrying high price(though this days are not)as the volume of this great coin has limited and now almost come to be mined all of it..im optimistic on this part but i know this coin will reach $100,000 in the near future as the effect of lightning network now is being accepted by old investors who use to leave bitcoin,and now coming back again because of this action
The value of bitcoin is now recovering and it is more effective of the investors who invest crypto money. This will be a good sign for all users on bitcoin because we can immediately earn good profit .The movement of the price is still increasing because of the volatility .A good investment site is here which is called as a promising coin of the future and that is bitcoin ,day by day bitcoin is growing and developing more this will be a great opportunities for the users and has a most potential in terms of earning.


Title: Re: The value of bitcoin?
Post by: Jas18 on March 08, 2018, 10:14:21 AM
I'm really surprised by the current bitcoin value, the bitcoin price movement is so fast and now it's worth over $ 10,000, it's really a fantastic value.

Significant bitcoin growth makes many people want to invest in bitcoin because they want to take advantage of this very promising price.

Everyone will take advantage of a good opportunity by looking at the situation to gain great benefits through the use of bitcoin.
dont be surprised as bitcoin carrying high price(though this days are not)as the volume of this great coin has limited and now almost come to be mined all of it..im optimistic on this part but i know this coin will reach $100,000 in the near future as the effect of lightning network now is being accepted by old investors who use to leave bitcoin,and now coming back again because of this action
The value of bitcoin is now recovering and it is more effective of the investors who invest crypto money. This will be a good sign for all users on bitcoin because we can immediately earn good profit .The movement of the price is still increasing because of the volatility .A good investment site is here which is called as a promising coin of the future and that is bitcoin ,day by day bitcoin is growing and developing more this will be a great opportunities for the users and has a most potential in terms of earning.
Bitcoin's price value now is much better and still having its normal behavior which is being volatile. As an investor you should expect peaks and valleys of its price depending also on the demand and supply. Therefore dont be shock if bitcoins price value today will not be the same tomorrow.


Title: Re: The value of bitcoin?
Post by: pankowri on March 08, 2018, 11:30:26 AM
Value and price are two seemingly identical but not the same one.The price can easily be measured in the money but the value isn't only measured at the money.It's necessary to measure its characteristics,quality,durability,ability to meet needs.So I want to say this thing that what Adam Smith said absolutely correct or not even wrong.Btc isn't evaluated just like a gold,it's valued-its reliable existence,variable price,more subscribers,over-demand,marketing arrangements and supply demand.


Title: Re: The value of bitcoin?
Post by: Isaacck on March 08, 2018, 12:03:22 PM
Truly, bitcoin doesn't have long history to look in to however I believe is the innovation that individuals are sitting tight for on the grounds that it gives flexibility and security to individuals. Bitcoin is decentralized and bitcoin instability occurs because of market revision as you may definitely realize that may happen to gold or stock also. Bitcoin esteem go here and there yet at high range at times dissimilar to USD, Gold or Stock. Maybe bitcoin instability will balance out additional in years to come when more individuals put resources into to it presume.


Title: Re: The value of bitcoin?
Post by: romeo23 on May 03, 2018, 11:02:35 AM
The value of a bitcoin lies in its unique technology to store an immutable record of transactions from the genesis block in 2009 to the end of time immemorial without even the hint of possibility that someone could cook the books or double spend the same unit of currency. It is a tasteless, odorless, borderless, soulless store of value that is accepted around the world.To me, however, just a mere finance professor toiling away for bread crumbs by the flourescent-pure halogen light of his office, the most underappreciated determinant of the value of Bitcoin lies far beyond all that bleeding-edge tech...
Bitcoin comes with a fantastic community that loves, supports, and nurtures it. For some reason, they even passionately argue about whether its data blocks should be 1 MB or 8 MB, to the point that they even call each other names and get into virtual fistfights about it. That's true passion!
What is the power of that community? And why does that bring value to the currency? Well, let us set aside the fact that in this day & age, we really should celebrate all aspects of society that bring us together, instead of cleave us, and let me explain by example.Money 20/20 recently held a payments race where they pitted 5 racers, each with one form of payment method only, to a race across the United States. Against seemingly all odds, do you know who one?Bitcoin.Because of the community that has organically sprung up around a revolutionary technology and its "imaginary" currency created by an anonymous man.That’s power.And THAT is the true value of Bitcoin - the people who love it, the people who fight for it, the people that put their lives and their future on the line to educate, familiarize and proselytize the Bitcoin gospel.So when you ask what determines the value of bitcoins? The best answer is you, dear reader. It is you - the curious, the ostentatious, the visionary firebrand, the sampler, the educator…The bitcoin community attracts some of the best people in the world.


Title: Re: The value of bitcoin?
Post by: Hellokitty09 on May 03, 2018, 02:34:22 PM
But price doesn't mean value. Yes, price is rising, but value is the same and it's the biggest problem as for me.

Bitcoin have an fluctuating state, it is not stable nor steady. but the people know that the bitcoin value is the highest compare to the all cyrptocurrency because we know that the bitcoin si the main coins. the other coins are only depend in the value of the bitcoin so that when bitcoin change all alternative coins are affected. more of the people now are want to try the bitcoin, they want to invest


Title: Re: The value of bitcoin?
Post by: Dimid on May 05, 2018, 02:00:34 PM
Unlike "traditional" currencies, bitcoin is not provided with anything: it is not regulated by anyone, it is not tied to any state and its economy, it does not have a material embodiment. The price of crypto currency is determined solely by market demand and supply. The more advantageous it will be to use bitcoin as a means of payment, the higher will be its price.
To put it in simple terms, the more people consider this currency to be viable and profitable, hence the higher demand for non-bitcoin becomes demanded, and given that the number of blocks of unique information mined by means of mining is limited, then with each month and the year the cost of bitcoin will increase, at what rate - time will tell.


Title: Re: The value of bitcoin?
Post by: BabyBoss on May 05, 2018, 02:07:58 PM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.
The value of bitcoin is really unpredictable we cant see when it will going to up and down thats me. I believe that it will go up but dont know what will be the next. The value is we know the best reason why we love btc meaning it is valuable because of its value.


Title: Re: The value of bitcoin?
Post by: shelimy on May 06, 2018, 08:32:36 PM
We can't imagine how bitcoin become famous today, from crap into a very precious thing as I've described. Bitcoin nowadays become popular and everyone wanting to have it as their investment. As it become valuable, the more it become influencial in the market.


Title: Re: The value of bitcoin?
Post by: Mylove risa on May 15, 2018, 07:10:46 PM
bitcoin will not be stopped because bitcoin is a very useful digital currency for the future, with prices still rising and falling this is a golden opportunity to benefit from it.

Bitcoin has value because it is as valuable as money. Bitcoin has the properties of money (durable, concise, exchangeable, rare, divisible, and recognizable) based on mathematical formulas rather than based on physical form (such as gold and silver) or trust in the central (such as fiat currency). In short, Bitcoin is supported by math. With these attributes, all that is required of money to have an exchange rate is trust and acceptance. In the case of Bitcoin, this condition can be measured by the growth of users, sellers and early users. Like other currencies, the value of bitcoin comes only from people who are willing to accept it as a means of payment.


Title: Re: The value of bitcoin?
Post by: Hannahanto on May 15, 2018, 07:21:51 PM
No one cannt stop the growth of bitcoin because it is already very famous and popular among the people. The price of bitcoin is not stable always the price is fluctuates. Bitcoin is more valuable than others because it has more value than any other assets. Now the value of bitcoin is very low so this is the time to invest in bitcoin. Hold the  bitcoin for long term it will give more money than you invest. The value of bitcoin will increase in near future. Toll that hold it with patience.


Title: Re: The value of bitcoin?
Post by: Seunbabatunde on May 15, 2018, 07:30:32 PM
The value of bitcoin is more than gold now and I'm very sure the bitcoin is important now to every traders


Title: Re: The value of bitcoin?
Post by: cizatext on May 15, 2018, 08:19:59 PM
Just believe the fact that bitcoin is a store of value, I know that the volatility of the bitcoin market makes it very hard for it future market to be predicted but in at that bitcoin will go so high in terms of price so as that bitcoin as a store of value will continue to increase it values as more people keep coming in to bitcoin.


Title: Re: The value of bitcoin?
Post by: Xenoph0bia on May 15, 2018, 08:31:08 PM
bitcoin will not be stopped because bitcoin is a very useful digital currency for the future, with prices still rising and falling this is a golden opportunity to benefit from it.

Bitcoin has value because it is as valuable as money. Bitcoin has the properties of money (durable, concise, exchangeable, rare, divisible, and recognizable) based on mathematical formulas rather than based on physical form (such as gold and silver) or trust in the central (such as fiat currency). In short, Bitcoin is supported by math. With these attributes, all that is required of money to have an exchange rate is trust and acceptance. In the case of Bitcoin, this condition can be measured by the growth of users, sellers and early users. Like other currencies, the value of bitcoin comes only from people who are willing to accept it as a means of payment.

The value of Bitcoin is increasing continously day by day slowly and steadily.Bitcoin is the number one cryptocurrency even after the fall in price.All the other altcoins are regulated with respect to Bitcoin only.Bitcoin is very valuable.It is even expensive than gold only.The value of bitcoin depends on the demand and supply forces.How much investment is done in bitcoin also determines the value of bitcoin.No one can stop bitcoin from getting famous.


Title: Re: The value of bitcoin?
Post by: princess22 on May 15, 2018, 09:04:25 PM
If you would have analyzed the market frequently,it was more than $4400 price of BTC. Due to volatility,it can't stay at any fixed value.
Do not look on the dark sides of bitcoin market,the ups and downs will happen always as this process designates its importance more than before.
So yes this is the right moment to make your dreams come true by holding bitcoins.
True mate there is no possible in bitcoin as long as you are now joining here,everyday is a challenge for us to achieve our goal.,dont look really on tha bad side side that is very much a part of everything just do the best as you can do.


Title: Re: The value of bitcoin?
Post by: Chicksteen on May 18, 2018, 07:46:38 AM
The value of bitcoin depends on a lot of things i would say it is the first coin that is the one and most important thing also it is one of the best ideas and people want it is wanted at the moment but that is also because of the price more and more people are starting with it.

Bitcoin is only a tool to support the existing blockchain technology that are being develop today by many investors which believe in projects they choose. Pertaining the value of bitcoin, because many people invest on it, the supply of bitcoin increase due to the rising in the demand of potential projects that would have higher return of investment if successful. Popularity maybe a factor but I think its the performance of the project would be the basis of its value. If bitcoin will be a big contributary to those project, then the value of bitcoin will rise as per demand of it will also increase.


Title: Re: The value of bitcoin?
Post by: Zeque02 on May 26, 2018, 11:08:42 AM
The value of bitcoin can't be determine every year because of its unstable price. The value itself can be low or high, it depends on the investor who invest in bitcoin. People is one reason that can affect the price of bitcoin so let us help for its popularity.


Title: Re: The value of bitcoin?
Post by: Kakawate on May 26, 2018, 11:18:41 AM
The volatility that you are saying is actually a good thing, most traders are very happy because bitcoin as well as the other cryptocurrencies are volatile, because this is actually what they need and is an important ingredient in trading so volatility is really not a problem.


Title: Re: The value of bitcoin?
Post by: Slark on May 26, 2018, 11:26:55 AM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.
Then how can you label/classify intellectual properties? Movies, music, books, texts? It's hard to determine the amount of work put in the creation process of a book, right?
Which determine that one book is more valuable than the other? The amount of 'work' needed to create it? I don't think so.
I don't like when people are attempting to apply to Bitcoin the labour theory of value, which is generally accepted as false.


Title: Re: The value of bitcoin?
Post by: putra daerah on May 26, 2018, 08:15:10 PM
the pointed value of bitcoin is currently very good, so investors choose to invest in bitcoin.
good value provides a positive outlook for users and investors, as well as price developments shown in the market are gradually improving and increasing rapidly.


Title: Re: The value of bitcoin?
Post by: Lagrood on May 26, 2018, 09:08:02 PM
As all bitcoin holders I am a little frustrated because bitcoin is too low and nobody can tell exactly when bitcoin will grow that is why I am confused but I have bought bitcoin on a quite low price so I am holding while but if bitcoin will continue dropping I sell it because I want to save my money.


Title: Re: The value of bitcoin?
Post by: South Park on May 26, 2018, 10:09:25 PM
Bitcoin is something completely new, it is revolutionary and as such it is very difficult to determine what price it should have, so the only thing that we can do this to guess its value and for what I can see its value is very low right now, in my opinion a fair price for bitcoin right now will be something close to 10000 and yet we are having problems sustaining that price because the speculators keep selling when we get close to it.


Title: Re: The value of bitcoin?
Post by: kodtycoon on May 26, 2018, 10:49:29 PM
As long as the bitcoin value is still above $5000 I still feel it is a reasonable value, even though I can say it is pretty high value. So with the decline in bitcoin prices right now I'm still relaxed to deal with situations like this.


Title: Re: The value of bitcoin?
Post by: seven2smoke1 on May 26, 2018, 11:09:39 PM
As long as the bitcoin value is still above $5000 I still feel it is a reasonable value, even though I can say it is pretty high value. So with the decline in bitcoin prices right now I'm still relaxed to deal with situations like this.
This current bitcoin price is really good, and I don't think that the price can decrease to the 5k$ level, because it have a good potential and a very strong community behind it. I really don't like this situation, but I am now relaxed and I deal with the reality. I hope that the price will increase as soon as possible, because a lot of us need that bitcoin price will be recovered and reach at least the 8k$ again.


Title: Re: The value of bitcoin?
Post by: richardsNY on May 26, 2018, 11:27:13 PM
As long as the bitcoin value is still above $5000 I still feel it is a reasonable value, even though I can say it is pretty high value. So with the decline in bitcoin prices right now I'm still relaxed to deal with situations like this.

What does it fundamentally change for you if it drops below the $5000 level? It seems that you aren't really that interested in the short term market. If you are a miner the value can matter, but if you're a swing trader it doesn't because it's just the volatility you are after. I never get it why people interested in the long term worry or think about the short term value that much. It doesn't make any difference for me if we drop to $5000 from here or break through $10,000. I don't have targets set I plan to sell at. I just want to ride this market out till we come to a point where the market is so insanely overbought, that the only right thing to do is to sell. Last year's peak is a perfect example of what I am talking about.


Title: Re: The value of bitcoin?
Post by: BCSHonda on May 26, 2018, 11:38:46 PM
the pointed value of bitcoin is currently very good, so investors choose to invest in bitcoin.
good value provides a positive outlook for users and investors, as well as price developments shown in the market are gradually improving and increasing rapidly.
Some people come to the Crypto market just to invest and hold the BTC, in this case BTC is the most potent and powerful penny in the market. There is no reason why the BTC will collapse so I believe the value of BTC in the future will increase further.


Title: Re: The value of bitcoin?
Post by: alizalela7 on May 27, 2018, 03:46:26 AM
If you would have analyzed the market frequently,it was more than $4400 price of BTC. Due to volatility,it can't stay at any fixed value.
Do not look on the dark sides of bitcoin market,the ups and downs will happen always as this process designates its importance more than before.
So yes this is the right moment to make your dreams come true by holding bitcoins.
Whoever has ever done bitcoin, it would have been hard to say its worth, it gives me more material as I have more income so that I can cover my life and give I am more knowledgeable about digital money


Title: Re: The value of bitcoin?
Post by: South Park on May 27, 2018, 02:42:43 PM
As long as the bitcoin value is still above $5000 I still feel it is a reasonable value, even though I can say it is pretty high value. So with the decline in bitcoin prices right now I'm still relaxed to deal with situations like this.

What does it fundamentally change for you if it drops below the $5000 level? It seems that you aren't really that interested in the short term market. If you are a miner the value can matter, but if you're a swing trader it doesn't because it's just the volatility you are after. I never get it why people interested in the long term worry or think about the short term value that much. It doesn't make any difference for me if we drop to $5000 from here or break through $10,000. I don't have targets set I plan to sell at. I just want to ride this market out till we come to a point where the market is so insanely overbought, that the only right thing to do is to sell. Last year's peak is a perfect example of what I am talking about.
The price of 5000 is probably only relevant to him because he probably bought bitcoin at that price so as long as the price remains above that point he is not worried because he's making profits but that is just a guess because otherwise I cannot see how a particular price of bitcoin should hold that much of a relevance, I am a long term holder and I do not really care too much about the short term variations in the price.


Title: Re: The value of bitcoin?
Post by: cmacwiz on May 27, 2018, 04:57:59 PM
As long as the bitcoin value is still above $5000 I still feel it is a reasonable value, even though I can say it is pretty high value. So with the decline in bitcoin prices right now I'm still relaxed to deal with situations like this.

What does it fundamentally change for you if it drops below the $5000 level? It seems that you aren't really that interested in the short term market. If you are a miner the value can matter, but if you're a swing trader it doesn't because it's just the volatility you are after. I never get it why people interested in the long term worry or think about the short term value that much. It doesn't make any difference for me if we drop to $5000 from here or break through $10,000. I don't have targets set I plan to sell at. I just want to ride this market out till we come to a point where the market is so insanely overbought, that the only right thing to do is to sell. Last year's peak is a perfect example of what I am talking about.
The price of 5000 is probably only relevant to him because he probably bought bitcoin at that price so as long as the price remains above that point he is not worried because he's making profits but that is just a guess because otherwise I cannot see how a particular price of bitcoin should hold that much of a relevance, I am a long term holder and I do not really care too much about the short term variations in the price.
Although in today's date the value of bitcoin is not high but still it is recovering at a slower rate.Bitcoin's value depends on the forces of demand and supply.So if the demand is more then ita price will rise or vice versa will happen if the demand falls.Another factor is investment.The amount of investment done in bitcoin also leads to increase or decrease in price of bitcoin.People holding their bitcoins,selling or buying them also contribute to the volatilty of bitcoin.I think bitcoin will again rise high this year and will create new records again.


Title: Re: The value of bitcoin?
Post by: krishnaverma on May 27, 2018, 05:00:10 PM
The price of 5000 is probably only relevant to him because he probably bought bitcoin at that price so as long as the price remains above that point he is not worried because he's making profits but that is just a guess because otherwise I cannot see how a particular price of bitcoin should hold that much of a relevance, I am a long term holder and I do not really care too much about the short term variations in the price.

You made a very valid point. Everyone likes to see the situation from his own perspective. In this case, if there is some person who has followed prices from beginning but has not invested, can give a better idea. I think the real value should be in $8000-$12000 range only. That $20000 mark we saw was actually quite bad for bitcoins, it should have gone there gradually to sustain it for longer.


Title: Re: The value of bitcoin?
Post by: ongkok87 on May 27, 2018, 05:04:54 PM
As long as the bitcoin value is still above $5000 I still feel it is a reasonable value, even though I can say it is pretty high value. So with the decline in bitcoin prices right now I'm still relaxed to deal with situations like this.
it's true even though the value of bitcoin again decreased drastically it's not too low and still has a high value. but in the not-too-distant future, the bitcoin will have a fantastic upswing in the future


Title: Re: The value of bitcoin?
Post by: Goodday on May 27, 2018, 05:18:33 PM
Bitcoin has lost more than half its value since reaching its peak near $ 20,000 by 2017 and only bitcoin fluctuations and US regulatory review continue to investigate whether the bitcoin price spike in 2017 is the result of market manipulation.


Title: Re: The value of bitcoin?
Post by: tambok on May 27, 2018, 05:43:01 PM
Bitcoin has lost more than half its value since reaching its peak near $ 20,000 by 2017 and only bitcoin fluctuations and US regulatory review continue to investigate whether the bitcoin price spike in 2017 is the result of market manipulation.
It loses half, yes it is but we have to realized as well that it is not yet the end of the battle for bitcoin so we should not be worry about it, let us just stay focus whatever we are doing and just continue to value bitcoin by holding and keeping it as well as by spreading this to all the people we know.


Title: Re: The value of bitcoin?
Post by: Visbay on May 27, 2018, 10:23:45 PM
As long as the bitcoin value is still above $5000 I still feel it is a reasonable value, even though I can say it is pretty high value. So with the decline in bitcoin prices right now I'm still relaxed to deal with situations like this.
it's true even though the value of bitcoin again decreased drastically it's not too low and still has a high value. but in the not-too-distant future, the bitcoin will have a fantastic upswing in the future
Yes bitcoin is now a day not at very high value and price but we will have to admit that it is just a temporary situation and soon price of bitcoin will become really high, bitcoin get down only for small interval of time so those who are willing use to buy at dump then wait, so small dumping cannot vanish the value of bitcoin, because people are investing as they know how valuable bitcoin is.


Title: Re: The value of bitcoin?
Post by: mia khalifa on May 27, 2018, 11:19:45 PM
I think bitcoin prices are created purely from a very high demand process and from the difficulty of getting bitcoin making bitcoin very expensive and difficult to obtain because from year to year definitely bitcoin price will be very expensive and the total supply will be thinning.


Title: Re: The value of bitcoin?
Post by: Biggapp on May 29, 2018, 10:40:21 PM
As long as the bitcoin value is still above $5000 I still feel it is a reasonable value, even though I can say it is pretty high value. So with the decline in bitcoin prices right now I'm still relaxed to deal with situations like this.

What does it fundamentally change for you if it drops below the $5000 level? It seems that you aren't really that interested in the short term market. If you are a miner the value can matter, but if you're a swing trader it doesn't because it's just the volatility you are after. I never get it why people interested in the long term worry or think about the short term value that much. It doesn't make any difference for me if we drop to $5000 from here or break through $10,000. I don't have targets set I plan to sell at. I just want to ride this market out till we come to a point where the market is so insanely overbought, that the only right thing to do is to sell. Last year's peak is a perfect example of what I am talking about.
The price of 5000 is probably only relevant to him because he probably bought bitcoin at that price so as long as the price remains above that point he is not worried because he's making profits but that is just a guess because otherwise I cannot see how a particular price of bitcoin should hold that much of a relevance, I am a long term holder and I do not really care too much about the short term variations in the price.
Although in today's date the value of bitcoin is not high but still it is recovering at a slower rate.Bitcoin's value depends on the forces of demand and supply.So if the demand is more then ita price will rise or vice versa will happen if the demand falls.Another factor is investment.The amount of investment done in bitcoin also leads to increase or decrease in price of bitcoin.People holding their bitcoins,selling or buying them also contribute to the volatilty of bitcoin.I think bitcoin will again rise high this year and will create new records again.
If we keep supporting bitcoin, there is no way it cannot achieve its new targets easily. The more we invest into it in the form of support, the more we get reward in the form of money. I am of the view that the more we create awareness regarding bitcoin among people all over the world, the greater would be chances for bitcoin to increase in value in short time. Support is import to create huge demand for it.


Title: Re: The value of bitcoin?
Post by: kiloiko on May 30, 2018, 05:35:39 AM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.
All these explanations makes no sense to me at all. If you’re going to be telling me that Bitcoin has no value or that the value is being calculated by the rate of labor that is being put into producing it. All I know is wake up. Check my. Chart, and whatever I see there, that’s the value of Bitcoin. And as of today, the price rate of Bitcoin is $7500+.


Title: Re: The value of bitcoin?
Post by: rocketbits on May 30, 2018, 08:00:33 AM
As long as the bitcoin value is still above $5000 I still feel it is a reasonable value, even though I can say it is pretty high value. So with the decline in bitcoin prices right now I'm still relaxed to deal with situations like this.
it's true even though the value of bitcoin again decreased drastically it's not too low and still has a high value. but in the not-too-distant future, the bitcoin will have a fantastic upswing in the future
Just because bitcoin is going through some fluctuations at the moment, it does not mean the coin does not possess what it requires to be a strong and beneficial asset. Bitcoin has made people millionaire even when there was a small support from investors. It is predicted to touch 30k dollars by the end of this year but do not forget that BTC has tendency to gain a way too much value than predicted by crypto experts.


Title: Re: The value of bitcoin?
Post by: kl8847 on May 30, 2018, 10:54:15 AM
i believe that the only way to destory bitcoin or any crypto currency is when the peopl ewould lost an interest for it. Then it became a worthless collectible


Title: Re: The value of bitcoin?
Post by: Tungsten-1 on May 30, 2018, 09:17:11 PM
As long as the bitcoin value is still above $5000 I still feel it is a reasonable value, even though I can say it is pretty high value. So with the decline in bitcoin prices right now I'm still relaxed to deal with situations like this.

What does it fundamentally change for you if it drops below the $5000 level? It seems that you aren't really that interested in the short term market. If you are a miner the value can matter, but if you're a swing trader it doesn't because it's just the volatility you are after. I never get it why people interested in the long term worry or think about the short term value that much. It doesn't make any difference for me if we drop to $5000 from here or break through $10,000. I don't have targets set I plan to sell at. I just want to ride this market out till we come to a point where the market is so insanely overbought, that the only right thing to do is to sell. Last year's peak is a perfect example of what I am talking about.
The price of 5000 is probably only relevant to him because he probably bought bitcoin at that price so as long as the price remains above that point he is not worried because he's making profits but that is just a guess because otherwise I cannot see how a particular price of bitcoin should hold that much of a relevance, I am a long term holder and I do not really care too much about the short term variations in the price.
Although in today's date the value of bitcoin is not high but still it is recovering at a slower rate.Bitcoin's value depends on the forces of demand and supply.So if the demand is more then ita price will rise or vice versa will happen if the demand falls.Another factor is investment.The amount of investment done in bitcoin also leads to increase or decrease in price of bitcoin.People holding their bitcoins,selling or buying them also contribute to the volatilty of bitcoin.I think bitcoin will again rise high this year and will create new records again.
Gone are the time when Adam Smith ruled over the market and economic laws. He is history because he had so many faults and flaws in his books regarding the great depression so you cannot really rely on his theories. Bitcion has a promising future and can only be affected by the market invisible hand and the demand and supply stuff.


Title: Re: The value of bitcoin?
Post by: Okrah on May 30, 2018, 09:44:43 PM
For today's update the market back in green already. Should we hold or sell?


Title: Re: The value of bitcoin?
Post by: Stephen1989 on May 30, 2018, 09:47:13 PM
, bitcoin doesn't have long history to look in to but I think is the technology that people are waiting for because it provides freedom and privacy to people. Bitcoin is decentralized and bitcoin volatility happens as a result of market correction as you may already know that might happen to gold or stock as well. Bitcoin value go up and down but at high range sometimes unlike USD, Gold or Stock. Perhaps bitcoin volatility will stabilize more in years to come when more people invested in to it guess.


Title: Re: The value of bitcoin?
Post by: Polkadott on June 08, 2018, 12:20:20 AM
Famous figures are really involved with cryptosystems which may be the reason why a large number of people believe and engage themselves are also involved with it because this is one of the factors why we see bitcoin growing and pumping, in fact not only because of the high demand but also for getting enormous popularity at the same time


Title: Re: The value of bitcoin?
Post by: Fintan Lee on June 08, 2018, 06:40:08 AM
As a basic rule of thumb, no currency should be considered absolutely safe from failures or hard times. Bitcoin has proven reliable for years since its inception and there is a lot of potential for Bitcoin to continue to grow. However, no one is in a position to predict what the future will be for value of Bitcoin.


Title: Re: The value of bitcoin?
Post by: Pemburu dollar on June 08, 2018, 07:05:25 AM
The value of bitcoin is unpredictable
Sometimes the value of bitcoin increase day by day
Like what I said unpredictable you should analyze when the price go lower




I think bitcoin development is an analysis to increase price spice and it will be full use to get growth and bitcoin value of business processes is a must for process.
Bitcoin can not be stopped so the reason to process the value of probability value every time and every day will give more information and earn a single bitcoin is a value that must be checked before selling bacon is a driver to get the process of income income


Title: Re: The value of bitcoin?
Post by: Kieran Thomas on June 09, 2018, 05:24:23 PM
I think:”If nobody accepts the technology for payment then the value would be 0”. Because Bitcoin’s value is intrinsically reliant on the “network effect,” and if nobody wants to buy it, it becomes worthless.


Title: Re: The value of bitcoin?
Post by: Rowan White on June 10, 2018, 08:37:35 AM
Up to now there are 11 million Bitcoins in circulation around the world. It is estimated that by 2140, the total amount of Bitcoin can reach a maximum of 21 million. However, there are few people who know the amount is so but the true value of Bitcoin. Lots of people mistakenly think Bitcoin is the amount of money in fiat currencies. However, the real value of Bitcoin is not reflected in the price. It depends on usefulness, convenience. It's also where you want to get Bitcoins. No organization can intervene and control. So the real value should be reflected in the security in the purchase and payment.


Title: Re: The value of bitcoin?
Post by: Eclipse26 on June 10, 2018, 08:50:21 AM
As a basic rule of thumb, no currency should be considered absolutely safe from failures or hard times. Bitcoin has proven reliable for years since its inception and there is a lot of potential for Bitcoin to continue to grow. However, no one is in a position to predict what the future will be for value of Bitcoin.
Bitcoin price was still unstable. Sometimes it increase and also decrease. The value of it was really hard to predict. Because bitcoin was decentralized no one controls it value. But as what we see bitcoin was continue growing and was slowly develop. Day by day, it became more usable. We all hope that the future of will be good.


Title: Re: The value of bitcoin?
Post by: naidray on June 10, 2018, 04:58:27 PM
The value of bitcoin is unpredictable
Sometimes the value of bitcoin increase day by day
Like what I said unpredictable you should analyze when the price go lower
I think bitcoin development is an analysis to increase price spice and it will be full use to get growth and bitcoin value of business processes is a must for process.
Bitcoin can not be stopped so the reason to process the value of probability value every time and every day will give more information and earn a single bitcoin is a value that must be checked before selling bacon is a driver to get the process of income income
Honestly I wish I actually understood most of the things you have said as they all just seemed too wobbled up somehow. However, the thing I want to emphasize on what you have mentioned is the idea of the full usage of it and which I believe you are referring to as a currency.

This is going to be helping a lot in the growth in value of bitcoin and as it is, we see more of a speculative asset than a currency which is the main reason why the value fluctuates a lot presently, and in the presence of mainstream adoption where bitcoin is being used for what is what created for, we will get to see more interesting move and less volatility in the long run.


Title: Re: The value of bitcoin?
Post by: pellor mas on June 10, 2018, 05:31:31 PM
Bitcoin's value has now returned to the range of 11,000 US dollars per chip in the Coinbase and Bittrex exchanges. The figure is far from the peak value of 19,800 dollars per chip recorded in mid-December.


Title: Re: The value of bitcoin?
Post by: Surge_Dev on June 10, 2018, 05:35:08 PM
the Bitcoin value that results from the network effect has its own unique features and problems. While the network is relatively small, the entry and exit of each new group of participants can generate serious price fluctuations, resulting in huge profits for earlier participants. Unfortunately, if you look at Bitcoin superficially, it's all very suspicious: it looks too good to be true.


Title: Re: The value of bitcoin?
Post by: DMCR lah on June 10, 2018, 05:46:40 PM
the value of Bitcoin fell 17 percent, and Ethereums fell 19 percent so that it had touched the value of 854 US dollars before rising back to the range of 1,000 US dollars.


Title: Re: The value of bitcoin?
Post by: Shimmiry on June 10, 2018, 05:49:48 PM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.
This is the risk in investing into cryptocurrencies, the thing is that the prices of these coins vary at some point and not all the time it is inclining and accelerating at a rate. It will definitely have its fluctuations at times and it cannot be avoided. It is for you to act according to the behavior of the rates. In investment you have to know when to do such an action for you to have minimum losses.


Title: Re: The value of bitcoin?
Post by: maruf_h20 on June 10, 2018, 05:58:06 PM
At present, Bitcoin is a well-known currency name. This currency plays a special role in easy and safe transactions. Bitcoin proved to be reliable from the beginning. It is assumed that future bittacquena prices will increase further. Bitcoin prices are increasing in many cases. But it is difficult to tell how much it will decrease or increase in value in the future.


Title: Re: The value of bitcoin?
Post by: sepeda karat on June 10, 2018, 06:17:21 PM
the value of bitcoin slumped 45.82 percent. The value of bitcoin dropped from USD 13.412 or around Rp 184.65 million (exchange rate assumption Rp 13,767 per US dollar) on January 1 to USD 7,266 or approximately Rp 100.03 million on March 30, 2018. This is according to data from CoinDesk. Throughout the first quarter of 2018, bitcoin market capitalization was reduced by USD 114.9 billion.


Title: Re: The value of bitcoin?
Post by: Dianafangki on June 10, 2018, 07:51:58 PM
the value of bitcoin slumped 45.82 percent. The value of bitcoin dropped from USD 13.412 or around Rp 184.65 million (exchange rate assumption Rp 13,767 per US dollar) on January 1 to USD 7,266 or approximately Rp 100.03 million on March 30, 2018. This is according to data from CoinDesk. Throughout the first quarter of 2018, bitcoin market capitalization was reduced by USD 114.9 billion.

at the beginning of this year indeed bitcoin had a bad trip until capitalization was reduced very much
we as active users crypto can only continue to be patient until price growth back up
hoping by the end of this year bitcoin can achieve its glory like late last year


Title: Re: The value of bitcoin?
Post by: rainezerr401 on June 10, 2018, 08:13:22 PM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.

The value of bitcoins will always recover no matter how it goes down today because there are still different people in the market who are interested, the growth of bitcoins will only stop if no one is interested just like other cryptocurrency.


Title: Re: The value of bitcoin?
Post by: Dominic_King on June 11, 2018, 11:38:32 AM
The value of every currency worldwide is affected by how many people are buying and selling it at any given time. The difference with Bitcoin, however, is that the currency is believed to be overwhelmingly concentrated in the hands of just 1,000 investors, who reportedly own 40% of the total amount of the currency.
These investors have the power to exert a massive influence on the market, as other holders of the currency attempt to get out ahead of any big price changes.
With a sale yet to be confirmed, it’s difficult to know how significant any subsequent price shock could be, but it’s yet another reminder of the dangers of investing in cryptocurrencies.


Title: Re: The value of bitcoin?
Post by: Krillin61 on June 11, 2018, 04:18:20 PM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.
The value of bitcoin now isn't in good condition but I believe that now matter how the value of bitcoin goes it will recover again and pump itself at it's best and maybe by that pump the bitcoin will make another great history again by surpassing its most valuable value.


Title: Re: The value of bitcoin?
Post by: kidamazo on June 12, 2018, 04:04:18 PM
For real time we have a little stability with a price for Bitcoin, but it can always changed, i think it can rise to the end of the year, or just right in the beginning of next.


Title: Re: The value of bitcoin?
Post by: Whosdaddy on June 12, 2018, 07:01:39 PM
Famous figures are really involved with cryptosystems which may be the reason why a large number of people believe and engage themselves are also involved with it because this is one of the factors why we see bitcoin growing and pumping, in fact not only because of the high demand but also for getting enormous popularity at the same time
Why would they not be ? This is the future, it is becoming glaring and no one would want to be asked where they were when even their kids were buying into the future ?

The value of bitcoin now does not matter and it is the future that really counts and with the way things have been so far, we all know the future is really looking bright as smart moneys are already considering the market hugely, we are beginning to see some underground moves of the finance sector guys trying to see ways they can benefit from the space and that is something we all know is a good sign for the future.


Title: Re: The value of bitcoin?
Post by: gamalzour on June 13, 2018, 10:00:14 AM
, bitcoin doesn't have long history to look in to but I think is the technology that people are waiting for because it provides freedom and privacy to people. Bitcoin is decentralized and bitcoin volatility happens as a result of market correction as you may already know that might happen to gold or stock as well. Bitcoin value go up and down but at high range sometimes unlike USD, Gold or Stock. Perhaps bitcoin volatility will stabilize more in years to come when more people invested in to it guess.

Today when I checked the value of Bitcoin it was equal to 7.2k dollar and this value came after fall. This fall indicates that the demand of people decreases more that is why the value fell down. People will now take benefit from the market and will invest in it because the market value is down and it is very easy for a person to afford this value on low amount and is called favorable market for buyers.



Title: Re: The value of bitcoin?
Post by: jademacoy on June 13, 2018, 10:04:58 AM
As of this moment the value of bitcoin has drastically fall to 6.7K USD and i do not what this means. Is it just normal to have this kind of price for bitcoin after having 8K USD down to 7K USD? SOme had say that bitcoin will end just like bubble and some investors are doing panic selling with their bitcoin holdings while other say also that is the best time to invest in bitcoin. I am confused.


Title: Re: The value of bitcoin?
Post by: spongegar on June 13, 2018, 10:15:14 AM
This post was done last year and i could still agree with it. Yes, i would liquidate my cash and just up and invest it on crypto currency. Although i know we are in a crisis right now but then again,  i know its just a humo in the road that we will leave behind. I have known of people beefing up their holdings during the crisis and are sitting pretty right now.


Title: Re: The value of bitcoin?
Post by: squog on June 13, 2018, 11:21:01 AM
I have to agree with this post. Crypto currency itself is an enigma to me. I'm not sure where they get it's valur but I'm still betting on it. I'm betting on it's volatility where it will go up at anninsane price and down again after a week or so. I just hope it's not a bubnlenlike almost everyone on this forum think it is.


Title: Re: The value of bitcoin?
Post by: Activitycoin on June 13, 2018, 10:52:19 PM
For real time we have a little stability with a price for Bitcoin, but it can always changed, i think it can rise to the end of the year, or just right in the beginning of next.
I think this is now time to hold our breath because price is gonna rise so high this time, we need to have bitcoin now at low price because coming price of bitcoin will be very high, some experts have predicted the price of bitcoin as highest at the end of 2018 and it will be more than this at the beginning few months of 2019. I am sure bitcoin will be high in price this year and we will end up 2018 celebrating the highest price ever.


Title: Re: The value of bitcoin?
Post by: BaraxLo on June 16, 2018, 09:40:56 AM
I have to agree with this post. Crypto currency itself is an enigma to me. I'm not sure where they get it's valur but I'm still betting on it. I'm betting on it's volatility where it will go up at anninsane price and down again after a week or so. I just hope it's not a bubnlenlike almost everyone on this forum think it is.
This would remain an enigma for such long time. There is 9 years passed since development of bitcoins and crypto world but this matter is to be solved furthermore. No one even know what is the reason behind volatility. Why this is not stable as it is source of income and gold and silver are too. They are quite easy ad stable but why not bitcoin? There must be a solid logic answer.


Title: Re: The value of bitcoin?
Post by: dongyi17 on June 17, 2018, 03:12:24 PM
Bitcoin value now is very low compare from last year to January this year, but I think bitcoin now is more popular to many people and country because many people dump the price to buy cheap bitcoin to expect earn profit in the near future, because the value of bitcoin is unpredictable.


Title: Re: The value of bitcoin?
Post by: lucyhahaha on June 17, 2018, 04:16:32 PM
Today the value of the bitcoin is $6500 and day by day it will increase only . The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to creaissue . I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue and this are the value of bitcoin.


Title: Re: The value of bitcoin?
Post by: Lloyd Jacksok on June 18, 2018, 02:42:12 PM
Some people think that Bitcoin is a new Gold, it has all the elements to store value, such as: immutability, difficult mining, can not be destroyed, and a limited supply. If Bitcoin becomes Gold of the new generation, its value would be around 300,000 USD per Bitcoin. In this case, Bitcoin becomes the strong currency, has the global value (such as the nature of the dollar), the total market capitalization reaches at least 5 trillion. If under the "Vision of satoshi" when 1 shatoshi = 1 cent, then the official Bitcoin Bitcoin worth 1 USD = 1,000,000.


Title: Re: The value of bitcoin?
Post by: awawo on June 18, 2018, 03:06:33 PM
Your analysis is base with focus on the dark side of bitcoin and again only the value of gold is determine by human labor, due to volatility bitcoin can never have a fixed or stable price and at that expecting bitcoin to become stable can only be imagined. The value of bitcoin is in it demands once the demands is effected either negative or positive direction it reflect on the Price.


Title: Re: The value of bitcoin?
Post by: ethereumhunter on June 19, 2018, 08:22:53 AM
right now, bitcoin value depends on the price which is getting lower than the last year or even in the early of this year. but someday, after this is over, the bitcoin value of the price will increase higher. but we still on the higher price if we compare with the early of 2017 and actually, we still make a bigger profit depends on the last year. and soon, the bitcoin price will increase higher and perhaps it will reach more than $20k because bitcoin has potential to increase more than that price.


Title: Re: The value of bitcoin?
Post by: Kirito-kun on June 19, 2018, 08:36:15 AM
right now, bitcoin value depends on the price which is getting lower than the last year or even in the early of this year. but someday, after this is over, the bitcoin value of the price will increase higher. but we still on the higher price if we compare with the early of 2017 and actually, we still make a bigger profit depends on the last year. and soon, the bitcoin price will increase higher and perhaps it will reach more than $20k because bitcoin has potential to increase more than that price.
Indeed, Bitcoin has high potential that could make itself more valuable compared before. I am pretty sure that this dip is just temporarily hence, we should buy and gather all coins as much as possible because after this year or at the end of this year we will gradually feel the changes we wanted to happen. Bitcoin has a bright future ahead of it so keep believing, keep our faith on it and it will be worth.


Title: Re: The value of bitcoin?
Post by: duedil_guy on June 19, 2018, 08:42:20 AM
Your analysis is base with focus on the dark side of bitcoin and again only the value of gold is determine by human labor, due to volatility bitcoin can never have a fixed or stable price and at that expecting bitcoin to become stable can only be imagined. The value of bitcoin is in it demands once the demands is effected either negative or positive direction it reflect on the Price.

A G R E E D


Title: Re: The value of bitcoin?
Post by: SirLancelot on June 19, 2018, 09:36:56 AM
, bitcoin doesn't have long history to look in to but I think is the technology that people are waiting for because it provides freedom and privacy to people. Bitcoin is decentralized and bitcoin volatility happens as a result of market correction as you may already know that might happen to gold or stock as well. Bitcoin value go up and down but at high range sometimes unlike USD, Gold or Stock. Perhaps bitcoin volatility will stabilize more in years to come when more people invested in to it guess.

The movement of a market is always going to be normal and there is nothing we can actually do about it anyway and like you said, it happens to every other asset or currency even though they may not be as volatile as this one, but I believe in the long run when we get to see the market capitalization increasing hugely, there is still a huge possibility to see some little bit of volatility, but since it is still a decentralized market, a single entity will not be there calling the shot.


Title: Re: The value of bitcoin?
Post by: doyouslide on June 20, 2018, 04:42:12 AM
BTCitcoin is the digital gold , this how much I value BTCitcoin right now


Title: Re: The value of bitcoin?
Post by: setupbounds on June 20, 2018, 06:19:39 AM
As a basic rule of thumb, no currency should be considered absolutely safe from failures or hard times. Bitcoin has proven reliable for years since its inception and there is a lot of potential for Bitcoin to continue to grow. However, no one is in a position to predict what the future will be for value of Bitcoin.
Definitely, and most especially not even a decentralized one that is still in its early age. I remembered how volatile gold was as well in its early stage when it hit the market, which makes it normal to see things like this until we start seeing more smart moneys entering the market, huge growth coming up in the future, capitalization increasing to top notch and a lot more. We just have to deal with how things are for now, to enjoy the future at the end.


Title: Re: The value of bitcoin?
Post by: coynedterm on June 21, 2018, 05:39:34 AM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.
In the last you mentioned that it is a much difficult thing for us to make Investment in the volatility prices , but here I would like to ask that from which point you are looking over this thing , if bitcoin's price will not fluctuate then what will be profit to have bitcoin in our life and how we will be able to make trade , here volatility is a main part of the bitcoin which gaves us opportunity to buy at low and sell at high ( make money without loss of money and much time ) .
So why you are thinking that it is something wrong .
Now come at the point where you said that you have Doubt that price will rise to $5000 , why you are thinking that its price can't go to this level , already price of bitcoin reached in the past to $22000 then why you have Doubt .
In my opinion you just need to wait for the perfect time where bitcoin will show himself as a big strong economy power of the world then surely there will be no doubt remain in your mind against bitcoin .


Title: Re: The value of bitcoin?
Post by: dx5 on June 21, 2018, 05:44:03 AM
From something that I read a few months ago, the value of mining one Bitcoin was around $5,000. And some people believe it won't go below that because of that's how much it cost to produce.


Title: Re: The value of bitcoin?
Post by: stellgod on June 21, 2018, 10:15:48 AM
For real time we have a little stability with a price for Bitcoin, but it can always changed, i think it can rise to the end of the year, or just right in the beginning of next.
I think this is now time to hold our breath because price is gonna rise so high this time, we need to have bitcoin now at low price because coming price of bitcoin will be very high, some experts have predicted the price of bitcoin as highest at the end of 2018 and it will be more than this at the beginning few months of 2019. I am sure bitcoin will be high in price this year and we will end up 2018 celebrating the highest price ever.
Now days the market is alert and investors are attracting towards that market of Bitcoin which has effect on the market of Bitcoin. The effect is little in its initial stage but soon this affect may increase as the value today improved a little and this is good news for the market. If this increase continues like it is going then we will see a better and a favorable market soon.


Title: Re: The value of bitcoin?
Post by: Liberto on June 21, 2018, 10:25:20 AM
Bitcoin is not the bubble, few years ago there was some people, who said the same, and yet I am still here, and I am still making my life better by working here at crypto, left my regular job a half year ago. Never regret.


Title: Re: The value of bitcoin?
Post by: tadung8790 on June 21, 2018, 11:43:11 AM

Gold is gold material, oil is black gold, bitcoin is gold of cryptocurrency


Title: Re: The value of bitcoin?
Post by: ace1105 on June 21, 2018, 12:08:17 PM
Bitcoin is not the bubble, few years ago there was some people, who said the same, and yet I am still here, and I am still making my life better by working here at crypto, left my regular job a half year ago. Never regret.

Nice, it's good to know that there are some people now that really getting good profit in bitcoin. The price of bitcoin is improving well even though it continues to fall soon it will rise again and will surpass its ath price before.


Title: Re: The value of bitcoin?
Post by: Freddie Aguiluz on June 21, 2018, 12:24:01 PM
If the gold value was based on what it takes to mine it then the price wouldn't be so high. After all, they use slave children to mine and pay the families peanuts. There are several but the most significant parameter is the quotation established by the "fixing".

If the volatility is not something that people can handle then the cryptocurrency market is certainly not for them. Because there is not a lot much more volatile than cryptos

 But in the end we cannot controll the value of both gold and bitcoin, and we should also be volatile just like bitcoin so we can adjust wisely to its constant value


Title: Re: The value of bitcoin?
Post by: Ismat Morshed on June 21, 2018, 06:59:21 PM
I think bitcoin now is more popular to many people and countries.Because many people dump the price to buy cheap bitcoin to expect earn profit in the near future.Young,old all people are interest in to bitcoun.Because the value of bitcoun is unpredictable.


Title: Re: The value of bitcoin?
Post by: Bakemat on June 21, 2018, 07:02:38 PM
Bitcoin is not the bubble, few years ago there was some people, who said the same, and yet I am still here, and I am still making my life better by working here at crypto, left my regular job a half year ago. Never regret.

Nice, it's good to know that there are some people now that really getting good profit in bitcoin. The price of bitcoin is improving well even though it continues to fall soon it will rise again and will surpass its ath price before.

People will always get profit no matter how small they will be investing because there are a lot of people who knew about cryptocurrency and the popularity is keep on spreading due to different social media's who are actually advertising the news which is very tempting to invest.


Title: Re: The value of bitcoin?
Post by: MAJICOIN on June 22, 2018, 03:31:28 AM
we can not say that bitcoin is valuable but bitcoin is more than valuable like it is work as multi functional currency and in the present time bitcoin is the key to success so we have to do a job for bitcoin and to trade these coins for profit motive.


Title: Re: The value of bitcoin?
Post by: efxtrader on June 22, 2018, 06:28:40 AM
Purchasing power on US Dollar always reducing because central banks always print money with many reason. Inflation reducing dollar value but not with bitcoin. Bitcoin with limited supply and no one controlling bitcoin supply, Purchasing power on bitcoin always increasing


Title: Re: The value of bitcoin?
Post by: jaicos88 on June 22, 2018, 06:49:49 AM
for us now the value of bitcoin with low value, although now its low value we will not panic and will not worry, I am sure that in a short time the price of bitcoin will rise again. so now is a very good time we can get a lot of bitcoin, because we will also get more profit by waiting for the price to go up.


Title: Re: The value of bitcoin?
Post by: Nyenyepogi on June 22, 2018, 07:17:11 AM
for us now the value of bitcoin with low value, although now its low value we will not panic and will not worry, I am sure that in a short time the price of bitcoin will rise again. so now is a very good time we can get a lot of bitcoin, because we will also get more profit by waiting for the price to go up.
Yes I believe bitcoin will bounce back and it will become profitable again so we need to hold our bitcoin and we can used this opportunity to buy more while bitcoin is on dip because if we do nothing for sure we will regret it in when bitcoin soars high again, so don't waste this chance.


Title: Re: The value of bitcoin?
Post by: ttking on June 22, 2018, 08:05:17 AM
The bitcoin course will continue to strengthen, and in this case the first target is the $ 7,000 mark. If quotes can overcome this threshold, the Crypto currency will aim at the next important level, which is in the region of $ 7,500.


Title: Re: The value of bitcoin?
Post by: Surge_Dev on June 22, 2018, 08:42:55 AM
After the speculators left the market, it changed a lot. But the problem is that their place was not occupied by professionals, what the crypto community was waiting for.The situation with the recent start of the futures trading revealed the vulnerability of market manipulations with derivatives. Large companies did not actively use bitcoin, and are more focused on blockchain technology.


Title: Re: The value of bitcoin?
Post by: cheann20 on June 22, 2018, 09:10:13 AM
Some professional  in crypto currency Says bitcoin will reach $60,000 dollors, before year end,  i hope it will recover fast becuase i have bitcoin holding for i long time. Im holding it sinse last year, i forget to sell it when it will go for 20,000 dollors. 


Title: Re: The value of bitcoin?
Post by: pandanaran on June 22, 2018, 09:40:04 AM
The point is you doubt about the value and volatility of bitcoin, you are also hesitant to invest in it because you do not understand right about bitcoin, it's natural because you are new to bitcoin, by buying a small bitcoin a good step in my opinion you just need more knowledge to be in a cryptocurrency loop.


Title: Re: The value of bitcoin?
Post by: Marlyn1 on June 22, 2018, 01:23:03 PM

Gold is gold material, oil is black gold, bitcoin is gold of cryptocurrency

Bitcoim bears the highest value today. Many wants to invest in it because of the promising high profits it can bring.


Title: Re: The value of bitcoin?
Post by: liivii on June 22, 2018, 01:29:42 PM
To those people supports it including me, bitcoin is one way for us to reach our goals with the help of our knowledge and strategies. Unlike other things that need a lot of money to start with, Bitcoin only needs time and dedication to achieve what you want in the near future. So having Bitcoin as part of our daily lives is having a bigger chance of achieving success.


Title: Re: The value of bitcoin?
Post by: santiPOGI on June 22, 2018, 01:35:08 PM
I think bitcoin now is more popular to many people and countries.Because many people dump the price to buy cheap bitcoin to expect earn profit in the near future.Young,old all people are interest in to bitcoun.Because the value of bitcoun is unpredictable.

Millenials and young people love adventures,
bitcoin is adventures as its price is unpredictable.
bitcoin can't be control by any banks and governments that is why i love having it.


Title: Re: The value of bitcoin?
Post by: MCVXYZ on June 22, 2018, 01:36:59 PM
Today we don't know the real value of bitcoin in USD or in Euro,We just know how people value it but at the same time we can't understand the answer for this question because very often people and businesses use bitcoin as an investment object and not for their purposes,which is very big obstacle,I mean that we can't understand the real price of bitcoin,because we just know that people like it but they don't use for their daily purposes and I think solution is more bitcoin updates and more popularity in society.


Title: Re: The value of bitcoin?
Post by: samcrypto on June 22, 2018, 02:23:24 PM
Some professional  in crypto currency Says bitcoin will reach $60,000 dollors, before year end,  i hope it will recover fast becuase i have bitcoin holding for i long time. Im holding it sinse last year, i forget to sell it when it will go for 20,000 dollors. 
At least you still have profit since the price last year is very low compare right now. The value of bitcoin will grow, it will go to the moon in the right time and people will see that. Bitcoin will become one of a valuable investment or even currency backed up by a good technology and real hodlers.


Title: Re: The value of bitcoin?
Post by: ishinn99 on June 22, 2018, 02:34:45 PM
I think bitcoin now is more popular to many people and countries.Because many people dump the price to buy cheap bitcoin to expect earn profit in the near future.Young,old all people are interest in to bitcoun.Because the value of bitcoun is unpredictable.

Yes, the value of bitcoin increases and decrease continuously yet there are more and more people are supporting it. We can expect increase in the value of bitcoin in the coming months.


Title: Re: The value of bitcoin?
Post by: codegnome on June 22, 2018, 04:21:23 PM

Gold is gold material, oil is black gold, bitcoin is gold of cryptocurrency


it's a perfect answer and I agree with you in 100%, there is no more to say, great!


Title: Re: The value of bitcoin?
Post by: nightways on June 23, 2018, 07:03:27 AM
for us now the value of bitcoin with low value, although now its low value we will not panic and will not worry, I am sure that in a short time the price of bitcoin will rise again. so now is a very good time we can get a lot of bitcoin, because we will also get more profit by waiting for the price to go up.
Rather you must know the opportunities and chances hidden in this low value tenure. Bitcoin is always there to help us. And right now the time is exact, just make some wise moves and think over best strategies. Plan them and make your profile strong. Just get into this world and even when prices are low, get some money and buy bitcoin. That would be the start of best era of your life.


Title: Re: The value of bitcoin?
Post by: s.mahmood on June 23, 2018, 05:51:12 PM
Since the starting of bitcoin a few number of people invest into bitcoin.But now a lot of number peoples invest into bitcoin because bitcoin is promising crypto coin and very potential coin.peoples gain profit to invest into bitcoin.In a word bitcoin become a valuable thing to the peoples.


Title: Re: The value of bitcoin?
Post by: Portia12 on June 23, 2018, 05:59:41 PM
for us now the value of bitcoin with low value, although now its low value we will not panic and will not worry, I am sure that in a short time the price of bitcoin will rise again. so now is a very good time we can get a lot of bitcoin, because we will also get more profit by waiting for the price to go up.
Rather you must know the opportunities and chances hidden in this low value tenure. Bitcoin is always there to help us. And right now the time is exact, just make some wise moves and think over best strategies. Plan them and make your profile strong. Just get into this world and even when prices are low, get some money and buy bitcoin. That would be the start of best era of your life.

If you are worrying so much about the price of cryptocurrency due to its falling prices then the best thing to do is just read positive speculations in order to boost your confidence on holding your coins.


Title: Re: The value of bitcoin?
Post by: dev9t9ok on June 23, 2018, 07:52:02 PM
I fancy crypto technologies I even have bought BTC and ETH and I consider that it is my contribution in our common deal of developing the crypto industry. Every day I read something new about crypto to improve my knowledge and I explain my fiends benefits of cryptocurrencies to involve them to be an investors because I really hope that it will be a new upward trend on crypto market.


Title: Re: The value of bitcoin?
Post by: kodtycoon on June 23, 2018, 11:16:56 PM
The value of bitcoin will never be stable as long as bitcoin is still not supported by many countries, at least bitcoin has a center that can be made something that can set if the value of bitcoin to be stable. I knew it would not be possible, though it was unlikely that it could happen. But I think the bitcoin value is very difficult to predict.


Title: Re: The value of bitcoin?
Post by: lehuong on June 24, 2018, 02:16:58 AM
What do you know about the value of bitcoin, remember that 2008 was the year of the global economic crisis as well as that of the United States due to the introduction of bitrates that contributed to changing inflation towards...


Title: Re: The value of bitcoin?
Post by: yunzau on June 24, 2018, 04:30:02 AM
yes the value of bitcoin depends on demand, supply and is homogeneous. In contrast to gold that has other factors such as protecting the value and price of gold trading contracts.


Title: Re: The value of bitcoin?
Post by: eann014 on June 24, 2018, 05:05:48 AM
If the gold value was based on what it takes to mine it then the price wouldn't be so high. After all, they use slave children to mine and pay the families peanuts. There are several but the most significant parameter is the quotation established by the "fixing".

If the volatility is not something that people can handle then the cryptocurrency market is certainly not for them. Because there is not a lot much more volatile than cryptos

Bitcoin is not stoppable so that the reason for bitcoin process value chance every time and every day it will give more information and get the profitable one bitcoin is the value is must check before sell bacon is the booster to the get profit income process and development bitcoin is the analysis to the improve the price spices and it will use full to get the growth and business process bitcoin value is the must for the process.
I am sure that bitcoin is really unstoppable, even if how many time bitcoin will go down and decrease it's price, I am still believing and hoping that bitcoin will recover again soon. Being patient is the key for us to gain a good profit.


Title: Re: The value of bitcoin?
Post by: Whosdaddy on June 25, 2018, 10:03:04 AM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.  

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.
LOL, I don’t know what you’re talking about, all I know is that the price of Bitcoin is $6k as of now. So anyone telling me that Bitcoin has no value must be very crazy. Unless you mean at the start and that was a decade ago.

And I can remember that the price of Bitcoin then as of when it was new was around $0. Cents Or so and later got to $1.7. From there it got to $250 around 2014 or so. Now it is worth thousands of dollars and this is the worth as of now. Everything has its worth, and as time goes by, the worth either increases or decreases.


Title: Re: The value of bitcoin?
Post by: giarised on June 26, 2018, 07:46:34 AM
Since the starting of bitcoin a few number of people invest into bitcoin.But now a lot of number peoples invest into bitcoin because bitcoin is promising crypto coin and very potential coin.peoples gain profit to invest into bitcoin.In a word bitcoin become a valuable thing to the peoples.
The value of bitcoin is still very high and people are investing in it because the price is low and everyone knows that in the future the price will grow again and they will make huge profits from their investment. For me bitcoin in this day is a very profitable mean of earning money in less time compare to other regular businesses. It is the future currency for the whole world.


Title: Re: The value of bitcoin?
Post by: RasicaOla12 on June 26, 2018, 08:04:19 AM
What do you think about the value of bitcoin ? that people like bitcoin like gold have? Bitcoin is like a precious metal bitcoin as measured by the bitcoin values given to each person who realizes it.


Title: Re: The value of bitcoin?
Post by: Sergio444 on June 26, 2018, 08:07:11 AM
As we take look back of bitcoin history from its existence, we truly amazed and totally a fast movement of price in the market. Since from the start, only few numbers of person who are trying to invest with bitcoin. But now, we can't imagine how many are they? Because they  want to take advantage from its promising price. This things signifies that it will take a big role in the community as it gives opportunity for us to have big chances of winning.

The role of the community now is at its highest point. Because, as you said, we have a big player pool for bitcoin. In the past, the number was really small compared to now.

The curve of demand and liquiditation will determine the future of bitcoin.

That is really true that the community for bitcoin has the highest pool, perhaps the largest market cap. But the coin is too volatile to determine its value based on market cap alone. Besides the total number of coins in circulation are too small for such a potential coin. This coins are too volatile and making predictions of prices will definitely not be true. The demand will determine the supply. As at now most people are receding from investing into bitcoin.


Title: Re: The value of bitcoin?
Post by: gambitcoin53 on June 26, 2018, 08:20:04 AM
I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.

this is correct, what makes bitcoin so risky for short- term invesments is the high volatility of the price, the quick and rapidness of the trend to change is what makes it difficult for experts like you to intuitively manage the returns. in just a matter of minutes can be drastic and can be profitable at the same time, unlike any other investments that has less volatile like properties and gold assets.


Title: Re: The value of bitcoin?
Post by: Nabilo on June 26, 2018, 08:59:45 AM
I don't really know who is Adam smith. I Just know bitcoin and its potential which helps me in past and gives me new life and i know it will help me in future too.Just look the chart and you'll get your all answer how bitcoin start increasing after 2009, This crypto currency achieve that goal which other coins were unable to do.Bitcoin all depends on supply or demand i never believe such people who say negative against bitcoins.Just support bitcoin and in return it will support you in your future


Title: Re: The value of bitcoin?
Post by: kevpantof on June 26, 2018, 09:32:06 AM
Since the starting of bitcoin a few number of people invest into bitcoin.But now a lot of number peoples invest into bitcoin because bitcoin is promising crypto coin and very potential coin.peoples gain profit to invest into bitcoin.In a word bitcoin become a valuable thing to the peoples.
We are well aware of the current market value which is 5.8k dollar which is a lowest recorded value this year. The value yesterday dropped at 6.1k dollar and amazed us but we were still expecting for the good but shocked again today. We know of a strong reality that the Bitcoin has recovered many times in past after huge down falls and this time we will see a better value again in the upcoming days.



Title: Re: The value of bitcoin?
Post by: Liberto on June 26, 2018, 10:12:17 AM
This post was done last year and i could still agree with it. Yes, i would liquidate my cash and just up and invest it on crypto currency. Although i know we are in a crisis right now but then again,  i know its just a humo in the road that we will leave behind. I have known of people beefing up their holdings during the crisis and are sitting pretty right now.

There are still some guys on the stage who would just earn money from bitcoin trading or from the Bounty companies and just turn their profits into cash, that way they secure themselves from the bubble.


Title: Re: The value of bitcoin?
Post by: boy130 on June 26, 2018, 10:17:35 AM
Well right now, the entire Bitcoin market capitalisation is roughly equal to a company in the Fortune 100. If it were a centralised industry, it would likely be the fastest growing hundred billion dollar organisation ever created. That just goes to show the potential of the technology, explosive growth is always associated with growing pains, but I am sure the developer community will overcome these, and Bitcoin will eventually overtake even the largest companies in terms of cap.


Title: Re: The value of bitcoin?
Post by: barabarian1 on June 26, 2018, 11:46:44 AM
bitcoin values are very volatile and difficult to predict. the rise or fall of bitcoin values is influenced by various factors. currently the bitcoin value is at its lowest point level that is below $ 6,500. bitcoin values are particularly vulnerable to political, social issues in many countries so that the negative risks to investing in crypto are enormous.


Title: Re: The value of bitcoin?
Post by: sakib12121012 on June 26, 2018, 12:01:28 PM
The digital currency Bitcoin has moved from the fringes to more of the mainstream in the past few week, mostly because it's value has risen at such an extraordinary rate. And just like a surging stock, it's left a lot people wishing they'd either got in earlier, or wondering how they can jump on board now.


Title: Re: The value of bitcoin?
Post by: BitcoinLoan on June 26, 2018, 12:02:18 PM
bitcoin values are very volatile and difficult to predict. the rise or fall of bitcoin values is influenced by various factors. currently the bitcoin value is at its lowest point level that is below $ 6,500. bitcoin values are particularly vulnerable to political, social issues in many countries so that the negative risks to investing in crypto are enormous.
We are still in the very early stages of the birth of this asset class, and expects to will see a sustained increase in cryptocurrencies over the next few years, just as we must expects will also see enormous volatility over that time period.


Title: Re: The value of bitcoin?
Post by: Sonofshmidt on June 26, 2018, 12:15:53 PM
for us now the value of bitcoin with low value, although now its low value we will not panic and will not worry, I am sure that in a short time the price of bitcoin will rise again. so now is a very good time we can get a lot of bitcoin, because we will also get more profit by waiting for the price to go up.
Rather you must know the opportunities and chances hidden in this low value tenure. Bitcoin is always there to help us. And right now the time is exact, just make some wise moves and think over best strategies. Plan them and make your profile strong. Just get into this world and even when prices are low, get some money and buy bitcoin. That would be the start of best era of your life.

If you are worrying so much about the price of cryptocurrency due to its falling prices then the best thing to do is just read positive speculations in order to boost your confidence on holding your coins.

Great words! the first thing in cryptoinvesting is: invest money, amount of that you can lose with no regret! Otherwise you will also going crazy each time of price falling.


Title: Re: The value of bitcoin?
Post by: Konco126 on June 26, 2018, 12:22:17 PM
I see the price of bitcoin is badly destroyed now. This can make a lot of people panicked so selling some bitcoinnya make the price more destroyed only. Preferably when prices like this we keep nenahannya to inhibit the decline in prices. You should know, this price drop is due to the number of people selling bitcoins.


Title: Re: The value of bitcoin?
Post by: ToyotaFortuner on June 27, 2018, 04:11:15 AM
I think the bitcoin price is actually no one can predict because the price of this bitcoini depends on the demand for higher bitcoin permitaan then bitcoin prices will also be higher.


Title: Re: The value of bitcoin?
Post by: iASIC on June 27, 2018, 04:24:59 AM
At present, the value of BTC is going down dramatically, there are quite a lot of people have abandoned BTC, because of too many losses, the buyers at $ 20000 price. Now the BTC price is only $ 6000.


Title: Re: The value of bitcoin?
Post by: sumanto on June 27, 2018, 04:32:24 AM
bitcoin prices are strongly influenced by the very high demand and the depletion of total supply of bitcoin available, as long as bitcoin is difficult to obtain then bitcoin will also be more expensive.


Title: Re: The value of bitcoin?
Post by: kuncimobil on June 27, 2018, 04:35:08 AM
as we know that the value of bitcoin will continue to change and is difficult to predict but we know that bitcoin has a value that always goes up every year so it will still profitable


Title: Re: The value of bitcoin?
Post by: gamalzour on June 28, 2018, 09:49:34 AM
As we take look back of bitcoin history from its existence, we truly amazed and totally a fast movement of price in the market. Since from the start, only few numbers of person who are trying to invest with bitcoin. But now, we can't imagine how many are they? Because they  want to take advantage from its promising price. This things signifies that it will take a big role in the community as it gives opportunity for us to have big chances of winning.

The role of the community now is at its highest point. Because, as you said, we have a big player pool for bitcoin. In the past, the number was really small compared to now.

The curve of demand and liquiditation will determine the future of bitcoin.

That is really true that the community for bitcoin has the highest pool, perhaps the largest market cap. But the coin is too volatile to determine its value based on market cap alone. Besides the total number of coins in circulation are too small for such a potential coin. This coins are too volatile and making predictions of prices will definitely not be true. The demand will determine the supply. As at now most people are receding from investing into bitcoin.
The demand for bitcoin is increasing day by day because more and more people get awareness about bitcoin and they are putting their money in it. You are right that the market cap in increasing and this will determine the future value of bitcoin. The price in this day is very low but still people are interesting in bitcoin and are happy with their investment.


Title: Re: The value of bitcoin?
Post by: wyplashdea on June 28, 2018, 10:07:53 AM
One interesting thing:

"Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation."

Theory is so marvellous....you know, economics is a social science, it can be wrong and nothing happensa, why do we trust it?


Title: Re: The value of bitcoin?
Post by: littlestar92 on June 28, 2018, 10:14:23 AM
I think we can not guess the value of bitcoin.


Title: Re: The value of bitcoin?
Post by: Algerd on June 28, 2018, 10:34:10 AM
In your post, I can see some really good thoughts, but you must now that Bitcoin price now so low because a lot of people start to mine it. Avery body wants to sell it and then we have something like a panic. Today we now that some experts promise us big price of the bitcoin. Some experts say that price will be near 25000$, but agency promise only 12500$. Some days ago big investor by 100000 BTC and I think they want big up. As I understand now the best time to buy bitcoin.


Title: Re: The value of bitcoin?
Post by: Acsirp on June 28, 2018, 11:12:24 AM
The value of bitcoin is changeable this is the volatility of cryptocurrency, wr csn not really predict what will be the next price value of bitcoin because it is variable it chsnges from  time to time , but still it has the best value in the market, but actually it will goes up and down recently , so it could not be told the exact value of bitcoin.


Title: Re: The value of bitcoin?
Post by: gowobonyok on June 28, 2018, 11:16:49 AM
lately is very bad indeed, but if we want to see bitcoin price chart back again, then we will also see the same situation when the price up and down very quickly. but what makes it different is, it is now starting with a high price, and is likely to rise even higher is huge. so make this market crash moment to add investment assets.


Title: Re: The value of bitcoin?
Post by: kiloiko on June 30, 2018, 06:06:04 AM
What do you think about the value of bitcoin ? that people like bitcoin like gold have? Bitcoin is like a precious metal bitcoin as measured by the bitcoin values given to each person who realizes it.
Yeah they do. People are liking bitcoin as they like gold. Although bitcoin is considered as newbie against life of gold in this world being in trading and source of income. But bitcoin have taken a good start. It never lets you down once you deal it in a good manner. You better learn first and then kick your start, just see how amazing it would be for you to make good earning from it.


Title: Re: The value of bitcoin?
Post by: Ibrahim 2020 on June 30, 2018, 06:19:05 AM
hen it comes to volatility i would hands down on cryptocurrencies because nothing on this world would able to equal when it comes to price movements


Title: Re: The value of bitcoin?
Post by: Usafstar on June 30, 2018, 06:21:50 AM
Bitcoin value is more than our imagination and now the bitcoin value is down due to some facts but it will not forever decline soon the prices will recover and many investors have invested for future prospect so we will get much if we invest now.


Title: Re: The value of bitcoin?
Post by: Pinoyfan on June 30, 2018, 06:33:50 AM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.
The value of bitcoin and technology, I support that bitcoin will fall in love. The only way for us, and technology. Cause bitcoin can do it will be risen to become the right place for a new cryptocurrency is really amazing. Cause I don't think the best thing that you can do to be great currency someday,


Title: Re: The value of bitcoin?
Post by: Saiful Islam777 on June 30, 2018, 07:26:38 AM
At present, bitcoin has become very costly in the crypto market. Bitcoin is an easy step and there is no trouble in trading.


Title: Re: The value of bitcoin?
Post by: Alns on July 02, 2018, 12:05:50 PM
 I think the only way that bitcoin can be destroyed, is when the people would lose interest in it, and this is my most scarry thought, I will lose everything that I have, if this would take place one day.


Title: Re: The value of bitcoin?
Post by: stimliall on July 02, 2018, 12:34:48 PM
The value of Bitcoin should be a kind of trading method that the public agrees with, or the way of cryptocurrency circulation!
Bitcoin has always been proud of its decentralization, and no one can supervise it. This is probably fatal, because it is not difficult for Bitcoin to be manipulated by the big capital group.


Title: Re: The value of bitcoin?
Post by: logan16j on July 02, 2018, 12:46:11 PM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.
I think the bitcoin value is really nothing, everything we see and can not touch is completely virtual you can not handle. What you invest or spend money on is completely virtual and you do not control the card and know all the risks that it can happen. The crypto market is in a bear market for long term so bitcoin prices may continue to fall sharply.


Title: Re: The value of bitcoin?
Post by: gamalzour on July 03, 2018, 05:49:20 AM
I see the price of bitcoin is badly destroyed now. This can make a lot of people panicked so selling some bitcoinnya make the price more destroyed only. Preferably when prices like this we keep nenahannya to inhibit the decline in prices. You should know, this price drop is due to the number of people selling bitcoins.
The trending topic these days is the value of Bitcoin and this amazed us all that is why it is discussing everywhere in the crypto market. All we need is to think productively so that we may get benefit in all conditions. Even in this low market the benefit is investment for new people or investment for those who have invested already. We all can get large quantity of coins on using low amount.


Title: Re: The value of bitcoin?
Post by: Alns on July 03, 2018, 01:07:14 PM
Since the starting of bitcoin a few number of people invest into bitcoin.But now a lot of number peoples invest into bitcoin because bitcoin is promising crypto coin and very potential coin.peoples gain profit to invest into bitcoin.In a word bitcoin become a valuable thing to the peoples.

Yes bitcoin becomes very popular recently, and this is amazing because nobody thought about it a year ago, and now the whole world is like boiling from all of this bitcoin and blockchain technologies, opportunities.


Title: Re: The value of bitcoin?
Post by: Pamadar on July 03, 2018, 02:12:27 PM
Since the starting of bitcoin a few number of people invest into bitcoin.But now a lot of number peoples invest into bitcoin because bitcoin is promising crypto coin and very potential coin.peoples gain profit to invest into bitcoin.In a word bitcoin become a valuable thing to the peoples.

Yes bitcoin becomes very popular recently, and this is amazing because nobody thought about it a year ago, and now the whole world is like boiling from all of this bitcoin and blockchain technologies, opportunities.
after seeing the opportunities now many people are interested to ride with bitcoin, I think we can't determine what can be the end value its still too early to assess, with the volume numbers compared to possible end users, surely the value of this coin can reached the highest pick that we expected to be, more years of never ending sway, the volatile market will continue as people with different approach will come and past to try their own luck with this crypto industry.


Title: Re: The value of bitcoin?
Post by: Soneo on July 03, 2018, 02:54:20 PM
Since the starting of bitcoin a few number of people invest into bitcoin.But now a lot of number peoples invest into bitcoin because bitcoin is promising crypto coin and very potential coin.peoples gain profit to invest into bitcoin.In a word bitcoin become a valuable thing to the peoples.



I think most people would say is the only thing that makes people like at first sight to bitcoin and about OP not know note the past or the history of price bitcoin. you can know that use the chart market cap coins and historical data for bitcoin. in the world of bitcoin, volatility cause increased ridiculous value bitcoin


Title: Re: The value of bitcoin?
Post by: Bitkoyns on July 03, 2018, 03:03:50 PM
Since the starting of bitcoin a few number of people invest into bitcoin.But now a lot of number peoples invest into bitcoin because bitcoin is promising crypto coin and very potential coin.peoples gain profit to invest into bitcoin.In a word bitcoin become a valuable thing to the peoples.

Yes bitcoin becomes very popular recently, and this is amazing because nobody thought about it a year ago, and now the whole world is like boiling from all of this bitcoin and blockchain technologies, opportunities.
after seeing the opportunities now many people are interested to ride with bitcoin, I think we can't determine what can be the end value its still too early to assess, with the volume numbers compared to possible end users, surely the value of this coin can reached the highest pick that we expected to be, more years of never ending sway, the volatile market will continue as people with different approach will come and past to try their own luck with this crypto industry.

it is not about the people trying their luck in crypto world, it is about the future, cryptocurrency has a great future in the market since it will deliver the modern payment method and other things to do with different project that has been launch and will launch.


Title: Re: The value of bitcoin?
Post by: carlisle1 on July 03, 2018, 03:14:06 PM
Since the starting of bitcoin a few number of people invest into bitcoin.But now a lot of number peoples invest into bitcoin because bitcoin is promising crypto coin and very potential coin.peoples gain profit to invest into bitcoin.In a word bitcoin become a valuable thing to the peoples.

Yes bitcoin becomes very popular recently, and this is amazing because nobody thought about it a year ago, and now the whole world is like boiling from all of this bitcoin and blockchain technologies, opportunities.
What do you mean a year ago?bitcoin has been popularized five years ago after four years of being existence

The only problem we had here is the volatility of the coins that affected the whole markets prices

Though we can be sure of gaining but for long term and not for just a few days,


Title: Re: The value of bitcoin?
Post by: didik12 on July 03, 2018, 10:11:05 PM
Today the value of bitcoin is low. When the month pass i think when the christmass  season is coming the value of btc is going higher and higher. I think because in this season a lot of investors investing because he/she  know that this kind of month the price of bitcoin is high.when the december come price of bitcoin is high.


Title: Re: The value of bitcoin?
Post by: malah on July 03, 2018, 11:09:28 PM
the price of bitcoin is difficult to predict and has a constantly changing price and from that price change that gives an opportunity to gain profit, but the value of bitcoin from year to year always increases


Title: Re: The value of bitcoin?
Post by: BlackBeauty on July 03, 2018, 11:22:40 PM
the price of bitcoin is difficult to predict and has a constantly changing price and from that price change that gives an opportunity to gain profit, but the value of bitcoin from year to year always increases
Yes its value is more increase because bitcoin provide a lot of benefits to people and that's why they invest their money because they know it will give a lot of profit in future and they will create any business by its profit, so that's why its a fast life changer for people, that's why its valuable currency for people.


Title: Re: The value of bitcoin?
Post by: Chienna on July 04, 2018, 02:05:10 AM
If the gold value was based on what it takes to mine it then the price wouldn't be so high. After all, they use slave children to mine and pay the families peanuts. There are several but the most significant parameter is the quotation established by the "fixing".

If the volatility is not something that people can handle then the cryptocurrency market is certainly not for them. Because there is not a lot much more volatile than cryptos

I agree. The problem here is that we can see what the price is whereas value is more of a concept that we don’t have an algorism to calculate. Anyway, if we don’t take into account offer and demand we can’t explain the value of bitcoin as well as many other assets and goods.

Adam Smith was right in some of his opinions and wrong in others, but we can’t take his opinions as dogmas of the Church.

What is the cost of labor involved in making a 100$ note? It is more or less the same as the cost of labor involved in making a 1$ note.


They say that the value of bitcoin comes low last year. But for me, the price of the bitcoin is hard to predict. Bitcoin gave us a lot of benefits that's why many people patronize it. The value of bitcoin is changeable so for us, the users, we need to cooperate when it comes to the value as I said it's gard to predict.


Title: Re: The value of bitcoin?
Post by: lokanot0 on July 04, 2018, 02:30:56 AM
Bitcoin was designed to be very volatile that why its value wont stay the same in a long time. The fluctuation of its price in beyond human perception that is why its hard to predict its price. That is why in investing in bitcoin there is a huge risk, you either go home a winner or a loser.


Title: Re: The value of bitcoin?
Post by: xyzone on July 04, 2018, 02:35:41 AM
any assets will increase in price every year. I believe in my assets that is crypto. I support crypto because the technology used can help everyone in the future.


Title: Re: The value of bitcoin?
Post by: goldade on July 04, 2018, 07:59:03 AM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.

You said yourself that you like the core concept of bitcoin and the volatility in its price is also one of its core concepts which means you will inevitably have to like it too.
The price of bitcoin has, since its inception, never been stable and this is gives people the opportunity to make profits. The pump and dump are what bitcoin traders capitalize on to earn. If the price is fixed, then there will be no way to make profits by buying and selling since you will be buying and selling at the same price.
However, if you feel you can't deal with the volatility of bitcoin, then the best thing to do is hold for a very long time or work for your bitcoins instead of trading.


Title: Re: The value of bitcoin?
Post by: 3la9l_kolbaCa on July 04, 2018, 08:22:29 AM
If the gold value was based on what it takes to mine it then the price wouldn't be so high. After all, they use slave children to mine and pay the families peanuts. There are several but the most significant parameter is the quotation established by the "fixing".

If the volatility is not something that people can handle then the cryptocurrency market is certainly not for them. Because there is not a lot much more volatile than cryptos

I agree. The problem here is that we can see what the price is whereas value is more of a concept that we don’t have an algorism to calculate. Anyway, if we don’t take into account offer and demand we can’t explain the value of bitcoin as well as many other assets and goods.

Adam Smith was right in some of his opinions and wrong in others, but we can’t take his opinions as dogmas of the Church.

What is the cost of labor involved in making a 100$ note? It is more or less the same as the cost of labor involved in making a 1$ note.


They say that the value of bitcoin comes low last year. But for me, the price of the bitcoin is hard to predict. Bitcoin gave us a lot of benefits that's why many people patronize it. The value of bitcoin is changeable so for us, the users, we need to cooperate when it comes to the value as I said it's gard to predict.
Exactly! It's hard to predict when high is high and when low is low, it's very uncertain. It can be very challenging to deal volatility, it's important that we learn to embrace its nature, its essence, and how it could be a great help to change standard of living. It takes strong willingness and patience to succeed and survive in the field. Despite price correction, I still trust and believe that bitcoin has the potential to recover and grow.


Title: Re: The value of bitcoin?
Post by: Bustart on July 04, 2018, 08:35:29 AM
If the gold value was based on what it takes to mine it then the price wouldn't be so high. After all, they use slave children to mine and pay the families peanuts. There are several but the most significant parameter is the quotation established by the "fixing".

If the volatility is not something that people can handle then the cryptocurrency market is certainly not for them. Because there is not a lot much more volatile than cryptos

I agree. The problem here is that we can see what the price is whereas value is more of a concept that we don’t have an algorism to calculate. Anyway, if we don’t take into account offer and demand we can’t explain the value of bitcoin as well as many other assets and goods.

Adam Smith was right in some of his opinions and wrong in others, but we can’t take his opinions as dogmas of the Church.

What is the cost of labor involved in making a 100$ note? It is more or less the same as the cost of labor involved in making a 1$ note.


They say that the value of bitcoin comes low last year. But for me, the price of the bitcoin is hard to predict. Bitcoin gave us a lot of benefits that's why many people patronize it. The value of bitcoin is changeable so for us, the users, we need to cooperate when it comes to the value as I said it's gard to predict.
Exactly! It's hard to predict when high is high and when low is low, it's very uncertain. It can be very challenging to deal volatility, it's important that we learn to embrace its nature, its essence, and how it could be a great help to change standard of living. It takes strong willingness and patience to succeed and survive in the field. Despite price correction, I still trust and believe that bitcoin has the potential to recover and grow.
The value of bitcoin whether it rises or fall, both open opportunitues that can be very advantageous. When price drops, it's the appropriate time to buy more coins, hold, and sell high. It's very important that we keep on learning and be informed to broaden knowledge and awareness. Moreover, we should learn to realize that price movement is normal, the decline in price is temporary, and panic does not lead to productivity.


Title: Re: The value of bitcoin?
Post by: ethereumhunter on July 05, 2018, 10:19:40 AM
maybe we don't know how much the value of bitcoin because the price is always up and down and still too volatile. but I believe that the bitcoin value will be more expensive than now because the price can increase high from time to time. and besides of increase, the price can also decrease at any time so we are difficult to determine how much the value. bitcoin is different than gold that has physical form and people can determine the value of gold but in bitcoin, the value will still change in every day.


Title: Re: The value of bitcoin?
Post by: Chanock on July 05, 2018, 11:28:40 AM
Nowadays the value of bitcoin is around 6,600 USD and it is slightly recover for almost 3% at 24 hours past. Hoping this price recover this early of July 2018 will continue until hitting the highest price. Many people nowadays are expecting that this month of July the value of bitcoin will start recover and currently the price of bitcoin slightly pump.


Title: Re: The value of bitcoin?
Post by: BitcoinMarketer39 on July 05, 2018, 12:30:20 PM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.

The value of bitcoins is always depending on supply and demand so obviously, the market price will always pump or dump depending on how the investors are reacting on the speculations regarding on the market prices.


Title: Re: The value of bitcoin?
Post by: Jamescur on July 05, 2018, 12:31:46 PM
The value of Bitcoin also comes from trust, but it is not behind the government's credit endorsement!
This kind of trust comes from the simplicity and power of Bitcoin technology. It comes from the idea of transcending the era, from the dissatisfaction with the existing monetary system, from the natural yearning of human beings for progressive things.


Title: Re: The value of bitcoin?
Post by: pivxmen on July 05, 2018, 12:44:34 PM
I am a beginner in the world of crypto. how bitcoin can have value? I see very large bitcoin price growth. many earned a profit last year when bitcoin prices hit $ 19,000. now how can bitcoin decrease greatly? does nothing set in the rise and fall in bitcoin prices?


Title: Re: The value of bitcoin?
Post by: t2yax on July 05, 2018, 01:06:06 PM
I am a beginner in the world of crypto. how bitcoin can have value? I see very large bitcoin price growth. many earned a profit last year when bitcoin prices hit $ 19,000. now how can bitcoin decrease greatly? does nothing set in the rise and fall in bitcoin prices?

You should know what will you going to invest. There's a lot of question for you can understand bitcoin. A lot of question will going to be ask, also  a lot of scammer you will going through. You must need some introduction for you can invest in cryptocurrency


Title: Re: The value of bitcoin?
Post by: finlandais on July 05, 2018, 01:32:53 PM
Value of bitcoin is the major issue these days as BTC has faced a major downfall in previous two months.Some countries had ban bitcoin and some fake news regarding bitcoin like bitcoin is going to end soon,bitcoin  is a scam are the major reasons which affect the price of BTC.It was expected that the value of BTC will reach 10k or 13k by the end of this year but after looking at the graph of previous months now it is expected that the value of BTC will reach only 7k or 8k by at the end of 2018.


Title: Re: The value of bitcoin?
Post by: BitcoinMarketer39 on July 05, 2018, 01:37:00 PM
Value of bitcoin is the major issue these days as BTC has faced a major downfall in previous two months.Some countries had ban bitcoin and some fake news regarding bitcoin like bitcoin is going to end soon,bitcoin  is a scam are the major reasons which affect the price of BTC.It was expected that the value of BTC will reach 10k or 13k by the end of this year but after looking at the graph of previous months now it is expected that the value of BTC will reach only 7k or 8k by at the end of 2018.

Well, fud is always the problem why the market prices are keep on decreasing and people are not well knowledgeable as well that's why they sell their coins at the lowest price when the feel pressure towards the market values.


Title: Re: The value of bitcoin?
Post by: jgaspar on July 05, 2018, 03:59:38 PM
 I heard that bitcoin price consist from people agreement and demand, so when people would be no more interested in Bitcoin and not ready anymore to buy it I think it would be just destroyed...


Title: Re: The value of bitcoin?
Post by: Cliparts on July 06, 2018, 09:16:46 PM
Since the starting of bitcoin a few number of people invest into bitcoin.But now a lot of number peoples invest into bitcoin because bitcoin is promising crypto coin and very potential coin.peoples gain profit to invest into bitcoin.In a word bitcoin become a valuable thing to the peoples.

Yes bitcoin becomes very popular recently, and this is amazing because nobody thought about it a year ago, and now the whole world is like boiling from all of this bitcoin and blockchain technologies, opportunities.
Yes now a day the value of bitcoin is increasing more and more which will never stop because bitcoin is the most useful digital currency, which has high profit for those who use to buy at low and sell high, now is the best opportunities for those who want to benefit it buying low, now bitcoin is being recognize worldwide but it is going to be more and more than this for higher value and importance in market.


Title: Re: The value of bitcoin?
Post by: rapidleech on July 06, 2018, 10:30:19 PM
Well i think bitcoin worth more than gold right now and have bright future in financial market also I'm very sure the bitcoin is important now to every traders


Title: Re: The value of bitcoin?
Post by: liseff3 on July 06, 2018, 11:05:51 PM
Well i think bitcoin worth more than gold right now and have bright future in financial market also I'm very sure the bitcoin is important now to every traders


That is clear and facts, even bitcoin values are much higher than other investment assets, such as traditional investment assets such as gold.  The future of bitcoin values is uncertain, but may rise sharply in November and December by the end of this year.


Title: Re: The value of bitcoin?
Post by: Sled on July 07, 2018, 12:54:52 AM
Well i think bitcoin worth more than gold right now and have bright future in financial market also I'm very sure the bitcoin is important now to every traders


That is clear and facts, even bitcoin values are much higher than other investment assets, such as traditional investment assets such as gold.  The future of bitcoin values is uncertain, but may rise sharply in November and December by the end of this year.
The value of bitcoin will go bullish for sure before this year end like what happened to bitcoin back in 2017 where bitcoin goes up really fast. The value of bitcoin is still cheap because its supply is very low and just imagine if the demand for bitcoin will go up really high then it means that bitcoin will have a really high value.


Title: Re: The value of bitcoin?
Post by: Btcschool on July 07, 2018, 12:15:28 PM
for us now the value of bitcoin with low value, although now its low value we will not panic and will not worry, I am sure that in a short time the price of bitcoin will rise again. so now is a very good time we can get a lot of bitcoin, because we will also get more profit by waiting for the price to go up.
Rather you must know the opportunities and chances hidden in this low value tenure. Bitcoin is always there to help us. And right now the time is exact, just make some wise moves and think over best strategies. Plan them and make your profile strong. Just get into this world and even when prices are low, get some money and buy bitcoin. That would be the start of best era of your life.
It is still valuable and the reason is that more and more people are investing in bitcoin and the market cap is still on top. People trust bitcoin the most and that’s why they are putting their money in bitcoin. It is a unit of blockchain technology and blockchain is the future technology for the whole world. Be patient and wait for some time to see the facts.


Title: Re: The value of bitcoin?
Post by: Bitcotalk on July 09, 2018, 07:36:06 AM
bitcoin prices are strongly influenced by the very high demand and the depletion of total supply of bitcoin available, as long as bitcoin is difficult to obtain then bitcoin will also be more expensive.
Current value is 6.3k dollar which is still a low price and this price came after passing by its lowest price of this year. The market value may increase in the upcoming days because we are with the stable value of 6.3k dollar from about three days which is showing stable support. If this market has more investments these days then we will see a better market soon because this will improve the market value.


Title: Re: The value of bitcoin?
Post by: Eros1on on July 09, 2018, 08:12:50 AM
The value of BTC will increase with the passing of time. The value of BTC will increasingly appear in its financial influence and market price influence.


Title: Re: The value of bitcoin?
Post by: chikading2016 on July 09, 2018, 08:38:55 AM
The value of BTC will increase with the passing of time. The value of BTC will increasingly appear in its financial influence and market price influence.
The value of bitcoin depends on us. It's user make it more popular and more interesting and it really helps a lot. We really need to make support on bitcoin because it has a big help and it can make us become more profitable in the near future, but for now we need to hold for good because the market is not that health as before.


Title: Re: The value of bitcoin?
Post by: holtzmann on July 09, 2018, 09:10:46 AM
Is there really some value for Bitcoin or altcoins? For me, it all looks just a wasted investment. I stopped to understand why to invest in some virtual money, which is not even one of that. It's just a code!


Title: Re: The value of bitcoin?
Post by: Tungsten-1 on July 10, 2018, 09:01:42 PM
The value of BTC will increase with the passing of time. The value of BTC will increasingly appear in its financial influence and market price influence.
Bitcoin value will be high more and more because bitcoin is getting famous ad high in value and price, now in the whole worlds people are investing in bitcoin because they trust and they support bitcoin, all investors and those who have faith bitcoin are taking an active part in the progress of bitcoin value, long ago bitcoin was just a small town famous but now bitcoin is world famous and it is getting high in value day by day.


Title: Re: The value of bitcoin?
Post by: katiecbell on July 11, 2018, 11:10:17 AM
Since the starting of bitcoin a few number of people invest into bitcoin.But now a lot of number peoples invest into bitcoin because bitcoin is promising crypto coin and very potential coin.peoples gain profit to invest into bitcoin.In a word bitcoin become a valuable thing to the peoples.



I think most people would say is the only thing that makes people like at first sight to bitcoin and about OP not know note the past or the history of price bitcoin. you can know that use the chart market cap coins and historical data for bitcoin. in the world of bitcoin, volatility cause increased ridiculous value bitcoin
We see that value of Bitcoin alters with demand of people for it which changes in different times. It makes the market unstable and due to this unstable market we can not say that how the value acts.

Now the current market shows that demand rate has increased a little from past few days that are why the current value improved a little to 6.6k dollar this morning it increased a little more so situations are getting fine and we expect that it follow a further increase trend.


Title: Re: The value of bitcoin?
Post by: nightways on July 14, 2018, 09:46:41 AM
Is there really some value for Bitcoin or altcoins? For me, it all looks just a wasted investment. I stopped to understand why to invest in some virtual money, which is not even one of that. It's just a code!
Well you need to research about the crypto then. It is not just a joke because no body has time for jokes in the current era. Also the market cap for Bitcoin, ETH and other crypto are worth millions and billions of dollars and one might ponder how big they could grow more. Besides, look at the number of users of Bitcoin and its status in countries like America and European countries. It has made life much easier. Not a joke.


Title: Re: The value of bitcoin?
Post by: tbterryboy on July 14, 2018, 10:19:51 AM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.
Not the price of everything is being determined by the amount of labor,  there are things that are being determined by the rate of demand for it and one of such things is Bitcoin. Bitcoin price is not determined by the amount of labor,  it is determined by the rate of demand and supply. When the demand for it gets high  you will start seeing the price going high too and the demand is low, the price goes low.


Title: Re: The value of bitcoin?
Post by: djgtr on July 14, 2018, 10:39:19 AM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.

Right off the bat I can tell you you are partially wrong, at least. The only thing used to value stuff is NOT the amount of work put into producing something. It is the QUALITY in doing so. And there are tons of other factors at play also. For example, why is gold 100x the price of silver? They both take a similar amount of time and effort to mine, yet one is vastly more valuable than the other. It is because of rarity. Silver is available in much greater quantities, and thus is not as valuable as its far rarer counterpart in gold.
as much as i agree with what you were saying. so it is just that we are saying, it is all because of supply and demand, so just like your example why is that gold is more valuable than silver? Of course the supply also matters, just like what you are pointing out, there is almost enough quanitity to supply the needs of people or even more, rather than in gold, or as we speak bitcoin that has only limited supply and almost everybody would strive to get one, so as expected that too many will bid until the price was higher.

Well that would be depends on the person on how are he going to use the coin that he has that agreed in the value form. Bitcoin is a form of sideline job although it is very useful in different way but their is also responsibilities that leading to success in the future.


Title: Re: The value of bitcoin?
Post by: Aamir1 on July 19, 2018, 06:45:05 AM
What do you think about the value of bitcoin ? that people like bitcoin like gold have? Bitcoin is like a precious metal bitcoin as measured by the bitcoin values given to each person who realizes it.
Bitcoin is very valuable because it is not for the time being that we check the market only today but we should about the future of bitcoin and the worldwide use of bitcoin. For me bitcoin is the top crypto in the list and will hold this position forever. It will take over the market in the coming days and all other currencies will disappear from the market.


Title: Re: The value of bitcoin?
Post by: Telybin on July 19, 2018, 07:33:44 AM
To address the value of bitcoin, there are many problems. If people know how bitcoin is created and how it is used, then that person will consider bitcoin as gold. Those who know nothing about bitcoin, for them bitcoin not worth.


Title: Re: The value of bitcoin?
Post by: ideya on July 19, 2018, 07:41:21 AM
In case of bitcoins also there are mining costs. If you see recent trends, price never dropped to below average mining costs.


Title: Re: The value of bitcoin?
Post by: edavis38156 on July 19, 2018, 08:40:59 AM
Its currency price may lead into increasing more,because of possibility that bitcoin is already ligallize in each country in the world for the welfare of its economy


Title: Re: The value of bitcoin?
Post by: _Legendary_ on July 19, 2018, 08:47:23 AM
Of course bitcoin value will continue to increase if the number of users continues to increase, and I'm sure that the rise in bitcoin users will make bitcoin prices can skyrocket anytime.


Title: Re: The value of bitcoin?
Post by: FurDich on July 21, 2018, 12:23:43 AM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.  

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.


Today the value of the bitcoin is $4212 and day by day it will increase only . The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to creaissue . I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue and this are the value of bitcoin
The value of bitcoin is always inconstistent . it is always flactuating and it doesnt stay for one price value . It is always changing into low and high vaue .


Title: Re: The value of bitcoin?
Post by: ajaymukund on July 21, 2018, 02:17:22 AM
Bitcoin will make many people mistakenly assume that the money is in the form of fiat currencies (USD, euro, yen, ...). But actually the value of bitcoin not through the numbers but the usefulness. and convenient. This is most obvious when you hold and use the bitcoin number without any organization that can intervene and control it. Then, you can use bitcoin to make purchases and payments all over the world. Gender is easy and safe.


Title: Re: The value of bitcoin?
Post by: wahyu wida on July 21, 2018, 02:27:45 AM
Bitcoin will make many people mistakenly assume that the money is in the form of fiat currencies (USD, euro, yen, ...). But actually the value of bitcoin not through the numbers but the usefulness. and convenient. This is most obvious when you hold and use the bitcoin number without any organization that can intervene and control it. Then, you can use bitcoin to make purchases and payments all over the world. Gender is easy and safe.
there i think that is the essential value of bitcoin, which is used for transactions around the world. not replacing fiat currency, but as a companion, so it facilitates in transacting


Title: Re: The value of bitcoin?
Post by: redsun114 on July 28, 2018, 07:04:45 AM
Its currency price may lead into increasing more,because of possibility that bitcoin is already ligallize in each country in the world for the welfare of its economy
Fair enough. If the mining cost exceeds the price of Bitcoin, it will be useless to mine more and there will be simply no profit in mining Bitcoin. But it will never drop below the minimum cost and we have rather a rise in the current market charts which makes mining more profitable if you are form a country with low cost of electricity. Besides, one can mine using the sustainable energy resources like solar pannels and that can considerably reduce the cost of mining.


Title: Re: The value of bitcoin?
Post by: ajaymukund on July 28, 2018, 04:36:45 PM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.
That complete that possible happen. The bitcoin future will be used, when they will replace the traditional type. You are all users can be used for bitcoin for payment for clothing, clothing, cash house , print menu, water, close tax, ...


Title: Re: The value of bitcoin?
Post by: nano77 on July 29, 2018, 07:40:15 AM
I think, the value of bitcoin is influenced by several factors and bitcoin has often had falling prices but can survive and soon recover so that the value of bitcoin also becomes increasingly higher every year


Title: Re: The value of bitcoin?
Post by: abaharie on July 29, 2018, 09:01:40 AM
bitcoin value will continue to increase if the number of users continues to increase,


Title: Re: The value of bitcoin?
Post by: Pasaway2701 on July 29, 2018, 09:37:43 AM
Bitcoin will make many people mistakenly assume that the money is in the form of fiat currencies (USD, euro, yen, ...). But actually the value of bitcoin not through the numbers but the usefulness. and convenient. This is most obvious when you hold and use the bitcoin number without any organization that can intervene and control it. Then, you can use bitcoin to make purchases and payments all over the world. Gender is easy and safe.

That how make a change in the price of bitcoin because of using it to change with local currency. We all know that bitcoin is created for new payment method used itself and accept it in every store. We see is only the value of it and not how it become useful for us to be securely transfer payment or even receiving it. We cannot control the over supply of it because there is mining where easily convert into fiat after getting it.


Title: Re: The value of bitcoin?
Post by: gosha18 on July 29, 2018, 10:16:04 AM
I want bitcoin to be the only currency in the world.


Title: Re: The value of bitcoin?
Post by: GangNamSK on August 12, 2018, 08:33:09 PM
Of course bitcoin value will continue to increase if the number of users continues to increase, and I'm sure that the rise in bitcoin users will make bitcoin prices can skyrocket anytime.
That would of course happen. The market is up and down and it will stabilize again making investors feel more secure. In particular, it facilitates a boom in economic development.


Title: Re: The value of bitcoin?
Post by: cryptogayan98 on August 12, 2018, 10:21:52 PM

Today a bitcoin value is in good value. During the past year, the value of this bitcoin was $ 20000. It's a great value. The value of this bitcoin is changing steadily every day. And if the demand increases, the value of bitcoin is also increased. As the value increases, investors can also see an increase.


Title: Re: The value of bitcoin?
Post by: Blackrain13 on August 12, 2018, 10:34:38 PM
   I really like the concept of bitcoin. For a long term investment it is great to be a dream come true for the future of my family. Bitcoin really changed the life of many people and it will continue as long as bitcoin exist and people continue to patronized it. Bitcoin is very valuable and useful digital currency.


Title: Re: The value of bitcoin?
Post by: Roomshambles on August 12, 2018, 10:38:34 PM
The value of bitcoin is increasingly increasing because of the miners who mine bitcoin. But surely the supply from the miners looking for it will not be added anymore. Seeing bitcoin is very enthusiastic now it might be enough until the current supply.


Title: Re: The value of bitcoin?
Post by: napoliground on August 13, 2018, 02:23:14 AM
I think bitcoin prices are created purely from a very high demand process and from the difficulty of getting bitcoin making bitcoin very expensive and difficult to obtain because from year to year definitely bitcoin price will be very expensive and the total supply will be thinning.


Title: Re: The value of bitcoin?
Post by: Ng93 on August 17, 2018, 09:46:54 PM
Bitcoin is mined by machine and its price will always grow, it all depends on the demand for this coin. Bitcoin is limited and will no longer be issued or printed as a Fiat currency so bitcoin has a future of becoming a single national payment method.


Title: Re: The value of bitcoin?
Post by: jake zyrus on August 17, 2018, 10:53:25 PM
The value of Bitcoin is increasing day by day.It is very expensive now.It already reached a huge amount of money.So,the value of Bitcoin is high now
The value of bitcoin is continues increasing everyday so that the value are expensive. Although this is very expensive the investor's are continues buying and invest in bitcoin, cause they have trust and believes in bitcoin is continues giving them good profit.


Title: Re: The value of bitcoin?
Post by: BitcoinMarshal on August 17, 2018, 11:08:14 PM
If you are a miner the value can matter, but if you're a swing trader it doesn't because it's just the volatility you are after. I never get it why people interested in the long term worry or think about the short term value that much. It doesn't make any difference for me if we drop to $5000 from here or break through $10,000. I don't have targets set I plan to sell at. I just want to ride this market out till we come to a point where the market is so insanely overbought.


Title: Re: The value of bitcoin?
Post by: Syarief28 on August 17, 2018, 11:14:09 PM
We cannot imagine how bitcoin became famous today, from nonsense to something very valuable as I explained.
Bitcoin is now becoming popular and everyone wants to have it as their investment. Because it is valuable, it becomes increasingly influential in the market. that the price of all goods equals the work of humans involved in their exploitation and that is a very good guide.
We can also find that it is also clear from the costs involved in human work. But at the same time we must show that it is only a rule in a perfect world


Title: Re: The value of bitcoin?
Post by: xitrum on August 17, 2018, 11:15:54 PM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.
We can not deny the huge value of bitcoin to humans, you can see that bitcoin as a breakthrough in 4.0 technology, the market is constantly decreasing in the long run and bitcoin prices will be able to continue to fall sharply next time but you can see that bitoin is the beginning of the new transaction form. All transactions are easy and anonymous.


Title: Re: The value of bitcoin?
Post by: phpartisanmaster on August 18, 2018, 01:50:04 AM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.
We can not deny the huge value of bitcoin to humans, you can see that bitcoin as a breakthrough in 4.0 technology, the market is constantly decreasing in the long run and bitcoin prices will be able to continue to fall sharply next time but you can see that bitoin is the beginning of the new transaction form. All transactions are easy and anonymous.

The value of bitcoins today is starting to grow again from $5k dollars and it was a good sign that there are still a lot of people who are holding their coins and waiting for the price to pump up.


Title: Re: The value of bitcoin?
Post by: Chachen19 on August 18, 2018, 03:45:51 AM
What do you think about the value that bitcoin is having?
Bitcoin makes it possible for investors with the right environment to make a profit and bitcoin makes trading faster and more economical. The most important bitcoin will be for those who prefer investing.


Title: Re: The value of bitcoin?
Post by: andika2018 on August 18, 2018, 06:23:58 AM
What do you think about the value that bitcoin is having?
Bitcoin makes it possible for investors with the right environment to make a profit and bitcoin makes trading faster and more economical. The most important bitcoin will be for those who prefer investing.

If Gold price determine by labour cost, bitcoin determine by electricity cost. We need good equipment to mine bitcoin and need stable electricity to mine bitcoin. Beside that, bitcoin is store of value and price determined by supply and demand


Title: Re: The value of bitcoin?
Post by: zeingrind777 on August 18, 2018, 06:45:48 AM
Prices on bitcoin and other cryptocurrencies are determined by how much market demand. The price can be greatly increased if the market demand is very large and can also go down if the market demand is only a little. For mining, the costs incurred by miners are not small. They have to incur large costs in payment of electricity, maintenance, equipment damage etc.


Title: Re: The value of bitcoin?
Post by: silentgenius on August 18, 2018, 06:58:28 AM
Today the value of 1 bitcoin to USD is 6,507.78 USD.Bitcoin value is changeable sometimes increasing,sometimes decreasing.Its part of it in a simple and its a nature of bitcoin on that kind of condition.


Title: Re: The value of bitcoin?
Post by: EdwardARiley109 on August 18, 2018, 08:22:53 AM
Bitcoin was originally intended to be an instrument for transferring anonymous, decentralized, and secure human-to-human value.
Digital money like bitcoin offers a unique service: financial transactions do not require government money issuing or bank processing payments. One day a bitcoin can make the dollar become obsolete.


Title: Re: The value of bitcoin?
Post by: suraza21 on August 18, 2018, 08:28:01 AM
The bitcoin value is considered by investors as gold and silver rather than cash because bitcoin has gold-like characteristics that are able to store as well as be able to trade more bitcoin without losing the raw cost. whether to create bitcoin as cash


Title: Re: The value of bitcoin?
Post by: JoeG.Fuller123 on August 18, 2018, 08:43:28 AM
The tremendous value of bitcoin creates the demand for explosive computing power. As it approaches the ceiling of the supply curve, the difficulty of the problems that the computer needs to address in order to create incremental bitcoins - a way of controlling the supply by the bitcoin maker.


Title: Re: The value of bitcoin?
Post by: rickyNmorty on August 18, 2018, 08:50:00 AM
If you would have analyzed the market frequently,it was more than $4400 price of BTC. Due to volatility,it can't stay at any fixed value.
Do not look on the dark sides of bitcoin market,the ups and downs will happen always as this process designates its importance more than before.
So yes this is the right moment to make your dreams come true by holding bitcoins.

Last statement is definitely what people need to do. Bitcoin will be the future. It will help us to have a better amd brighter future. The bitcoin will make our life easier. Doing transactions is easy at the same tome investing. Number of unemployed will be lessened. And such. Bitcoin has the power to make our life easier that is its value.


Title: Re: The value of bitcoin?
Post by: Lukamovo918 on August 18, 2018, 09:04:33 AM
Bitcoin will play an important role in the digital world. Bitcoin pricing will be less quantifiable, largely based on what the idea of a coin is, and what it will become in the future.


Title: Re: The value of bitcoin?
Post by: pedangrusak on August 18, 2018, 09:08:21 AM
I also think that the volatility of bitcoin and altcoin is very high and this also disrupts my mind, but after I started investing and playing a little trading I started to have an idea that the profit from crypto was real and feasible to do


Title: Re: The value of bitcoin?
Post by: Linconde6654 on August 18, 2018, 09:23:33 AM
Bitcoin or other virtual currency can never be treated as a real currency, like the US dollar or the Euro, because virtual currency is not affected by interest rates. Bitcoin is not like some precious metals like gold, diamonds ... because it is not worth to become a jewelry.


Title: Re: The value of bitcoin?
Post by: baddertin9716 on August 18, 2018, 09:44:45 AM
The real value of Bitcoin is not reflected in the price. It lies in usefulness, convenience. It's also where you want to get Bitcoins. No organization can intervene and control. So the real value should be reflected in the security in the purchase and payment.


Title: Re: The value of bitcoin?
Post by: brainsmart on August 18, 2018, 10:13:01 AM
yes the value of bitcoin depends on demand, supply and is homogeneous. In contrast to gold that has other factors such as protecting the value and price of gold trading contracts.


Title: Re: The value of bitcoin?
Post by: Anewor on August 18, 2018, 11:53:54 AM
Yes I believe  and think so. How would one be happy to sell something in his position that he has worked about so hard and just sell it to others so easily and effortlessly? I think it is a self rule or more of an instinct to ask for something big as a barter to something you did work too hard for which others do need.  I think many will agree with this.


Title: Re: The value of bitcoin?
Post by: Kusnechik on August 18, 2018, 11:56:46 AM
The value of Bitcoin is determined by how important it is to use in ordinary life, for ordinary people.


Title: Re: The value of bitcoin?
Post by: lenini on August 18, 2018, 12:37:43 PM
After all, after the world system abandoned the "gold standard" money began to depend on the state of production of states and the policies of their governments. Bitcoin does not have such uncertainty, it is not subject to inflation, its meaning as an ecosystem is not fully understood by everyone.


Title: Re: The value of bitcoin?
Post by: catubayjhon on August 18, 2018, 12:46:19 PM
bitcoin price now is still in low price i think this year it will maintain their price.so sad to say this but i think we are not lucky in this year i hope next year will have a great opportunity on this.


Title: Re: The value of bitcoin?
Post by: Dod Ong on August 18, 2018, 01:00:05 PM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.


For me, The bitcoin is very important because the bitcoin change my life and also it helps me to rise and help my family in their daily needs and expenses. I want to have a better life that's why I used bitcoin. The bitcoin price now is increasing because of the bitcoin investors so it is favor for me to work hard here on bitcoin.


Title: Re: The value of bitcoin?
Post by: sempak bulong on August 18, 2018, 02:32:20 PM
The determinants of increasing bitcoin depend on demand and that will make prices go up. Now bitcoin is experiencing a critical period and we must be patient for that.


Title: Re: The value of bitcoin?
Post by: cmacwiz on August 18, 2018, 02:53:01 PM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.
Yes. I do believe that Bitcoin has a value and it's value will increase in the upcoming years as it has a very high potential. this is evident as its popularity has increased a lot since it has started among the people all over the world and its demand among the people has also increased all over the world and I this is evident from the increasing price of Bitcoin since it has started.


Title: Re: The value of bitcoin?
Post by: Kanda Yu on August 18, 2018, 03:02:28 PM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.
We all have different views about bitcoin's value. Some lose hope easily whenever its value goes down all of a sudden. Some stays faithful because they know it will still rise up again after a few while. If you are going to give up easily on bitcoin's value, don't expect anything much from it anymore since you already think you wouldn't gain much from it.


Title: Re: The value of bitcoin?
Post by: lolehiM92 on August 18, 2018, 04:05:57 PM
bitcoin now costs about $ 6500 and the price of bitcoin always fluctuates. This constant change has made bitcoin a digital currency that many investors choose to invest in and earn a profit. leveraged from bitcoin investment


Title: Re: The value of bitcoin?
Post by: Priyasad9 on August 21, 2018, 03:30:06 PM

bitcoin has now decreased its value. Today it is $ 6400. This is one of the most valuable coins in the world. People in bitcoin invest heavily. That's a lot too high a coin. Because bitcoin increased its value to $ 20000 last year. People expect a huge profit. Therefore, it invests here. The value of bitcoin may be high in the coming years


Title: Re: The value of bitcoin?
Post by: kodtycoon on August 21, 2018, 03:39:38 PM
I feel that even though the value of bitcoin has fallen and I noticed it was stagnant at $6.4k from yesterday, but that value is still the best price I think, because bitcoin can still survive and not fall deeper than $5k.


Title: Re: The value of bitcoin?
Post by: Grayy on August 21, 2018, 03:43:10 PM
Volatility is determined solely by bitcoin holders. If you panic, you sell cheaply, if you don't you sell at a good price for you. I believe bitcoin's  value is more in the services it provides to people with ease  than in it's price.


Title: Re: The value of bitcoin?
Post by: Rastafarian on August 21, 2018, 08:42:04 PM
It seems amazing to most people when they come to analyze what is happening to bitcoin. I get the same impression and i begin to ask myself that what is causing this dip and will i gain the amount i invested in back?


Title: Re: The value of bitcoin?
Post by: theblack_cat on August 21, 2018, 10:43:20 PM
Volatility is determined solely by bitcoin holders. If you panic, you sell cheaply, if you don't you sell at a good price for you. I believe bitcoin's  value is more in the services it provides to people with ease  than in it's price.
people when they see prices go down, they often directly sell them, even though the people who sell them or panic are those who make prices go down again, actually everything is how courage to hold the panic


Title: Re: The value of bitcoin?
Post by: Elseye on August 21, 2018, 10:43:44 PM
Well, the price of BTC today is an extremely complicated thing because lots of interested parties are involved in it, traders, investors, holders etc. As for me it should be around 10k$.


Title: Re: The value of bitcoin?
Post by: GreatBug on August 21, 2018, 11:42:14 PM
The determinants of increasing bitcoin depend on demand and that will make prices go up. Now bitcoin is experiencing a critical period and we must be patient for that.

Yup and it's hard to tell what will be now. Maybe it can road to the $5000 or it will grow back to 20k. Situation on the market is totally unstable and we can't know, what we will see in the future.


Title: Re: The value of bitcoin?
Post by: CryptocitySL on August 23, 2018, 04:36:07 PM

Bitcoin value is now lower. It is a normal situation. Because the bitcoin value varies periodically. bitcoin is a whole world recognized. Investors are investing heavily here. It has a lot of value. Now, while the value of bitcoin is down, this value is likely to increase over the next few years. Today, the value of this is $ 6400. Investors expect to make a big profit. bitcoin will increase its value in the coming years


Title: Re: The value of bitcoin?
Post by: Asanza25 on August 23, 2018, 05:24:17 PM
I think bitcoin now is more popular to many people and countries.Because many people dump the price to buy cheap bitcoin to expect earn profit in the near future.Young,old all people are interest in to bitcoun.Because the value of bitcoun is unpredictable. ;) ;)


Title: Re: The value of bitcoin?
Post by: tazmannia on August 28, 2018, 10:16:13 PM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.
If you want to invest, you have to understand the risks. And the volatility you wrote about is normal for a digital asset named bitcoin. This is all speculation, everyone wants to make money on it.


Title: Re: The value of bitcoin?
Post by: mary0919 on August 28, 2018, 10:31:42 PM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.
AS for today the value of bitcoin is quiet low and I guess this is the best time for investors to buy for more bitcoin. Bitcoin for me will be increasing this coming months and how lucky for those who have hold bitcoins in their wallet for they will have huge profit soon.


Title: Re: The value of bitcoin?
Post by: okjanu on August 29, 2018, 10:12:57 PM
The value of bitcoin is very important for us. Maybe,we all know bitcoin value depends on a bunch of people who became interested to invest their money through bitcoin.Bitcoin is meant to be used as a currency in the first place and they must use it like what it is intended to for it to gain value from pure demand alone.Bitcoin has value as a private digital currency.


Title: Re: The value of bitcoin?
Post by: turagsoy123456 on August 29, 2018, 10:46:43 PM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.

As of now the value of bitcoin is very low. So we have to hold because this time is not good to sell our coins for a low prices so that we can secure our money not to lose our profits. So patience is the best applicable in this situations.


Title: Re: The value of bitcoin?
Post by: sheryl26 on August 30, 2018, 09:26:56 AM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.

You cannot control the value of the bitcoins alone it needs a lot of people at the same time in order to change the value like for example if you wanted the price to go up tou can never do it by yourself not unless you will buy a huge quantity which is way too impossible. So all you can do it just wait for the right moment for the bitcoins to rise again and then sell if you wanted to.


Title: Re: The value of bitcoin?
Post by: Ngajim on August 30, 2018, 10:45:23 AM
The value of bitcoin right now is lower but we don't need to panic because this is normal situation in crptocurrency world and we can not control the value of bitcoin.
But bitcoin can change my life to be good


Title: Re: The value of bitcoin?
Post by: FreddieBennett213 on August 30, 2018, 10:47:49 AM
The value of bitcoin lies in the use of the holder. There are many ways to comment in a subjective way, but it doesn't have a basis.


Title: Re: The value of bitcoin?
Post by: Bakery cream15 on August 30, 2018, 05:41:18 PM
I think bitcoin now is more popular to many people and countries.Because many people dump the price to buy cheap bitcoin to expect earn profit in the near future.Young,old all people are interest in to bitcoun.Because the value of bitcoin is unpredictable. :D :D


Title: Re: The value of bitcoin?
Post by: SirLancelot on August 31, 2018, 06:18:00 AM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.
I don’t think Bitcoin has a particular number that we can just say that’s the value, nothing at all. There was a time when you’d use about 10,000 BTC just for a two pizzas  but now it’s different, 10,000 BTC can get you a big house and fill your garage with cars and even make you a millionaire, cause it’s worth a lot of money.

But don’t forget that it is volatile, and like I said, I don’t think there is any particular thing as value in Bitcoin, it can fall down to $1 today and before you wake up tomorrow it’s already at the rate of $10,000. So I will just say that whatever you’re seeing in the market is the current value for it.


Title: Re: The value of bitcoin?
Post by: Chotamobanhe on September 08, 2018, 03:07:51 AM
We see more of a speculative asset than a currency which is the main reason why the value fluctuates a lot presently, and in the presence of mainstream adoption where bitcoin is being used for what is what created for, we will get to see more interesting move and less volatility in the long run.


Title: Re: The value of bitcoin?
Post by: Burogh on September 08, 2018, 04:58:54 AM
The value of bitcoin is on security and limitation on supply. Maximum supply of bitcoin already pegged on 21million coin and no one control the supply. Beside that, the value of bitcoin is unhackable transaction data and its make trust on bitcoin price.


Title: Re: The value of bitcoin?
Post by: Epimetheus on September 08, 2018, 05:02:24 AM
Bitcoin price is changes time to time. And their are many factors which are influence the value of bitcoin and make it a volatile currency. In this time one bitcoin is equal to approximately 6400$.the factor which influences its price is irregularities in its production and distribution. When bitcoin doesn't supply according to its demand then its price influence. When one country ban it then their is a negative effect show on the international market price of bitcoin.


Title: Re: The value of bitcoin?
Post by: towakravec on September 08, 2018, 06:54:08 AM
I think that BTC future 7000-9000$


Title: Re: The value of bitcoin?
Post by: Chotamobanhe on September 12, 2018, 08:02:58 AM
Many people dump the price to buy cheap bitcoin to expect earn profit in the near future.Young,old all people are interest in to bitcoun.Because the value of bitcoun is unpredictable.


Title: Re: The value of bitcoin?
Post by: Hairatuner on September 14, 2018, 09:58:59 AM
I believe that it will go up but dont know what will be the next. The value is we know the best reason why we love btc meaning it is valuable because of its value.


Title: Re: The value of bitcoin?
Post by: quoctien1997 on September 14, 2018, 10:01:48 AM
Bitcoin real value for the first house and help the first home. However, the current value Bitcoin has xu hướng shrinked strong, should enter this time should be careful.


Title: Re: The value of bitcoin?
Post by: westril688 on September 14, 2018, 11:55:56 AM
I feel that even though the value of bitcoin has fallen and I noticed it was stagnant at $6.4k from yesterday, but that value is still the best price I think, because bitcoin can still survive and not fall deeper than $5k.
I assume bitcoin is priced at US $ 10,000. That's a rational price considering bitcoin is almost US $ 20,000 in December 2017. The price of bitcoin is not determined by the value of gold, because the cost of gold mining is relative. So, the indicator of rising or falling bitcoin prices is the amount of demand and availability of bitcoin on the market.


Title: Re: The value of bitcoin?
Post by: usorin on September 14, 2018, 12:18:48 PM
I agree that the value of a thing is equal with the labor involved in developing it, but this is not an usual market, cours you can jse some stock strategies but in the same time it's like belgian diamonds. The big holders dictate the price. I personally consider that when the price is low things are good because somebody manipulate the price to buy, so obviously, at some point the price will go up.


Title: Re: The value of bitcoin?
Post by: liliano on September 14, 2018, 12:24:33 PM
What determines the value of a transaction or financial-related instrument is the market actor and the distribution of the equipment. The more market participants, the more rapidly the dynamics change


Title: Re: The value of bitcoin?
Post by: Bunsomjelican on September 14, 2018, 01:03:51 PM
Bitcoin price value at the present time now are ranging from 6200$ up to 6400$ something. Its happening maybe because of the fluctuations, where it leads the traders to take actions every time there is a movement happen in the price value as well. But according to my analysis by 2019 Bitcoin will be fly up to moon for sure.


Title: Re: The value of bitcoin?
Post by: quoctien1997 on September 14, 2018, 04:35:29 PM
Generally speaking, I find the value of Bitcoin quite large in the current coin market. At the same time Bitcoin has contributed a lot in the value of digital money. By 2017, the Bitcoin price of $ 20,000 was a surprisingly high level.


Title: Re: The value of bitcoin?
Post by: Xenoph0bia on September 14, 2018, 05:23:01 PM
I feel that even though the value of bitcoin has fallen and I noticed it was stagnant at $6.4k from yesterday, but that value is still the best price I think, because bitcoin can still survive and not fall deeper than $5k.
I assume bitcoin is priced at US $ 10,000. That's a rational price considering bitcoin is almost US $ 20,000 in December 2017. The price of bitcoin is not determined by the value of gold, because the cost of gold mining is relative. So, the indicator of rising or falling bitcoin prices is the amount of demand and availability of bitcoin on the market.
The value of Bitcoin is increasing nowadays because the demand of Bitcoin is also increasing slowly and steadily.The value of Bitcoin depends upon some factors like the forces of demand and supply play an important role.How much investment is done in Bitcoin also determines the price of Bitcoin.Some countries have banned Bitcoin and this also affects its price.It has the capability to create records as it did in 2017.People have a lot of faith in bitcoin as it has always given good profits.


Title: Re: The value of bitcoin?
Post by: yohananaomi on September 15, 2018, 08:02:45 AM
Bitcoin price value at the present time now are ranging from 6200$ up to 6400$ something. Its happening maybe because of the fluctuations, where it leads the traders to take actions every time there is a movement happen in the price value as well. But according to my analysis by 2019 Bitcoin will be fly up to moon for sure.

seeing the trend from year to year maybe early 2019 will change with the beginning of the end of the month in 2018, the same as when the end of the month in 2017 and hopefully this increase can last until the end of 2019, many are hoping for this.


Title: Re: The value of bitcoin?
Post by: wozzek23 on September 18, 2018, 10:18:26 AM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.
[/quote
With the rate of difficulty in getting Bitcoin these days I would say that Bitcoin really deserves the current value lol. If it was before you would see lots of platforms giving out free Satoshis to people for doing nothing and even lots of food Faucets. But this time around it is very hard for anyone to get 1 Bitcoin and it is worth that. If you get yours you should better hold it tight.


Title: Re: The value of bitcoin?
Post by: Tetutu on October 07, 2018, 12:37:16 PM
The value of bitcoin lies in the use of the holder. There are many ways to comment in a subjective way, but it doesn't have a basis.
The value of bitcoin is very expensive or very cheap it all depends on the market reaction, because positive or negative news is very influential, also the demand for bitcoin is little or much, and of course how much bitcoin mining results affect the amount of bitcoin in the market.


Title: Re: The value of bitcoin?
Post by: Vritesh on October 07, 2018, 01:32:47 PM
Value of bitcoin is very much fluctuating and unpredictable. Value of bitcoin depends upon many factors like mining, its demand and stability of economy. One should buy bitcoins when price value is less and sell them when value is high. No can ever have any say on the value of bitcoin.


Title: Re: The value of bitcoin?
Post by: gheawari431 on November 22, 2018, 12:10:11 PM
The value of bitcoin is on security and limitation on supply. Maximum supply of bitcoin already pegged on 21million coin and no one control the supply. Beside that, the value of bitcoin is unhackable transaction data and its make trust on bitcoin price.
Bitcoin is a digital currency, so it's not physical. The value of Bitcoin is created because there are offers and requests from bitcoin users. The more demand the price will go up, while the more offers the price will go down. Bitcoin has no comparison, so that bitcoin cannot be intervened by anyone.


Title: Re: The value of bitcoin?
Post by: paulspider on November 22, 2018, 01:40:44 PM
The value of bitcoin has been a debating issue most people in the cryptocurreny business. It becomes very painful after investing a whole lot in bitcoin and the price turning upside down. I have the hope that thing will stabilize for my good.


Title: Re: The value of bitcoin?
Post by: LieTOme on November 22, 2018, 01:48:25 PM
from the past until now the value of bitcoin cannot be determined and ascertained because it has become the nature of the crypto currency and one of the risks in investing with crypto currencies is that we cannot ascertain the value or price of the currency


Title: Re: The value of bitcoin?
Post by: patarfweefwee on November 27, 2018, 04:42:07 AM
The premise is true in a micro economy where you're only dealing with the price and cost of a product and service in a small community where yhe same product and servoce is manufactured. We don't take into consideration the influence of supply and demand ib the prices on a global scale. Essentially this is where precious metals start.


Title: Re: The value of bitcoin?
Post by: Loopper on November 27, 2018, 05:23:28 AM
from the past until now the value of bitcoin cannot be determined and ascertained because it has become the nature of the crypto currency and one of the risks in investing with crypto currencies is that we cannot ascertain the value or price of the currency

The risk that you have to experience with decreasing or rising Bitcoin prices every day and you are experiencing a loss if you have invested a large amount of Bitcoin. All coins feel the same as the decline that occurred this year and hopefully next year will have better prices.