Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: cryptodoe on January 03, 2018, 03:43:27 PM



Title: Fundamental value of bitcoin
Post by: cryptodoe on January 03, 2018, 03:43:27 PM
The title is self-explanatory.

What do you think the fundamental value of bitcoin is? At what price (in fiat currency) will it have a change to stabilise?


Title: Re: Fundamental value of bitcoin
Post by: cryptomngr on January 03, 2018, 04:14:19 PM
The title is self-explanatory.

What do you think the fundamental value of bitcoin is? At what price (in fiat currency) will it have a change to stabilise?
Should be more than enough to buy a lambo,the price of BTC is unpredictable it may cost a million dollar in the future,or it will be less than a cent,we wont know what exact amount it can go.


Title: Re: Fundamental value of bitcoin
Post by: cryptodoe on January 04, 2018, 11:36:53 AM
At some point it must relax to a stable price though (with stable I mean like any other currency, without fluctuations from 20000 to 13000 dollars in a couple of days!). I have some ideas. It is hard to get an unbiased opinion.

If it doesn't stabilize then bitcoin will have a hard time becoming a true currency... which would be amazing if it did become it.


Title: Re: Fundamental value of bitcoin
Post by: newinbtc on January 04, 2018, 11:45:45 AM
The market price of anything is determined by supply and demand, in the market. Buyers and sellers.Bitcoin is a form of money.However, it is used as payment in monetary transactions. Goods and services are traded Using this bitcoin payment gateway system.
Bitcoin Current Price is between 12000$ to 15000$ , Future price may be more than you expect