Bitcoin Forum

Some people think bitcoin is a bubble, what is its meaning and value?

BTC prices from zero to the highest equivalent of an ounce of gold, although speculation and foam composition, but prices have fluctuated around the value of the long run, the basic source of bitcoin price is the value of bitcoin, the value comes from the use...

Bitcoin has the function of paying remittance. As we all know, there is a cost of funds flowing across the space, the cost of cash flow to credit card fees, cross-bank charges, off-site / cross-border remittance fees, currency conversion fees reflected. The nature of the cost is the cost of bloated people, venues, and equipment for the government and the bank. More importantly, the government often restricts the prohibition of funds from flowing across borders by means of foreign exchange control. Bitcoin is not affected by foreign exchange control at all.

The original intended use was as a currency. Since then, people have been considering it a store of value. It's utility as a currency is minimal due to scaling issues and transaction times/costs. It's utility as a store of value is nonexistent because of its insane volatility and competition among alt coins, which sort of make the crypto space infinitely inflationary (since more and more alt coins can continually be created).

I think that it currently does not have any intrinsic value and is in a bubble. Blockchain as a technology may have some utility, but this is not it.

The extremely low cost of bitcoin payments has attracted tens of thousands of merchants worldwide to accept bitcoin payments, including giants such as Microsoft, Dell and New Egg (which Phoenix Financial formally accepts "bitcoin payments"). Credit card cross-border business payment costs 3% -4%, while the use of bitcoin to pay the cost of only 0.5% to 1% (including the cost of converting to French currency), so businesses often give some discount to Attract buyers to pay with bitcoin, such as Dell gives 10% (up to 150 US dollars) discount.

Bitcoin is gaining more and more applications in multinational micropayments. Buyers can not remit $ 0.99 transnational funds when purchasing certain software. It is extremely difficult for sellers to apply for cross-border online banking or credit card payments. With Bitcoin payments, payment is easy with just a single Bitcoin address.

In order to bitcoin is to buy household goods or online for bitcoin is money virtual, and in order to bitcoin another is to investment the deoan, because bitcoin is a means of suitable for investment, and the value bitcoin can not unpredictable, sometimes expensive sometimes cheap.

As a standardized, globalized and highly volatile speculative trading platform that never ceases to trade in 24 hours, bitcoin is more volatile than electronic speculators such as stocks, foreign exchange and precious metals. In terms of standardized transactions, soaring history and future prospects But also better than the stamp coins, garlic, Pu'er tea, yellow pear and other real speculation of the subject, thus attracting a lot of hot money involved in speculation. At present, bitcoin attracts funds as the subject of speculation, far exceeding the funds attracted as a payment system. At least half of each yuan price is the value of speculation.

bitcoin created for investment purposes that no one can control/manipulate it. (also known as decentralized).more people that has a negative mind in bitcoin says bitcoin is a bubble which is totally not. some other newbie investors are the victims of this FUD news that creates bitcoin panic (rush selling). and the only one left are those people who still believing/valuing bitcoin. The value of bitcoin is unstable (volatile) from at the beginning of creation upto now (current day) the value has change more unlike then. meaning some people are valuing this bitcoin for their future purposes.

Bitcoin can be used as payment in online transactions. You can use bitcoin for investment or trading platform to gain profit. You can also use bitcoin in gambling to test your luck in doubling your bitcoin balance. Bitcoin has no fixed value as it changes everytime but it is one reason that affects the behavior of bitcoiners whether they should buy more bitcoins or sell it at the right price.

Those are the people who said earth isn't round but what happened in the end. Bitcoin is a crypto currency and it's not a bubble. This is the fud spread by the government and centralised banker's as they're loosing control over users. They cannot see us achieving financial freedom, and they'll do everything they can to stop us, but we shall never back out.

Bitcoin was 1 cent in 2009 and 19k last year how is it a bubble.

You can check live prices at preev.com

Bitcoin is like your bank or an  atm account that you gonna deposit your money and when you sell it your money gonna be triple the value it's like it's interest

The decentralized digital currency with the longest running history, weathered the most number of storms and still standing which in itself is proof of the security of its network.  To me, therein lies its value. 

bitcoin indeed can called as extraordinary currency because the price for every years has increasing rapidly and very suitable as the stuff of investment but in my opinion it took more than 8 years to bitcoin to increase the price from $1 to $11000 the current price and i will not say it's bubble because 8 years process is not short time

Bitcoin as the first digital crypto currency where it can be use as a worldwide payment system.It's system works without a central bank or a single administrator and also it can be used as exchange for products, services and other currencies worldwide. More over it's value is now considered to be the highest among the other flat and the other existing new cryptocurrencies.

Bitcoin as we all know can be used for procurements of almost every item or service around us provided the merchant is ready to accept them as the medium of exchange. It is also a source of remittance of money to all over the world at a competitive rate and a means of securely storing wealth or an asset. It's value on the other hand can be determined by our level of acceptance or the rate at which we globally appreciate and invest into it, so it can be worth nothing or everything depending on all of us,.

Bitcoin is the investment for long term. Of course bitcoin have a value. And now the value will up again after drop down this month.
Bitcoin can use for online transactions and more profitable more than gold. Because bitcoin not stable yet, so it will effect the value.

Bitcoin is discrete portable wealth, for anyone.   

Here in our country I used bitcoin as a mode of payment.
 Payments for electricity bills, waterbills, airtime load, and many more, but not using bitcoin directly, I converted bitcoin first in our currency then that's it.

The use of bitcoin in my opinion, is a very appropriate way to invest current and future. And at what price? Currently, bitcoin sdh reaches 152 million, possibly will increase again about 160 million, well here we use bitcoin as investment tool for future and future and if we buy bitcoin now we have kaga directly invested profit from bitcoin. . Maybe that's my explanation.

I think now bitcoin as the gold in our real life, people store it and sale it not use for trading

For me, Bitcoin has a very big use in our life. Imagine, with the helps of bitcoin you can be rich and you can earn money in a short period of time. The money that you earn from bitcoin can be used in your personal expenses. You can also use it to help your family in financial problem, aside from that if you are still a student, you can use it in your educational purposes. That are the uses and value of bitcoin.

Bitcoin as the first digital crypto currency where it can be use as a worldwide payment system.It's system works without a central bank or a single administrator and also it can be used as exchange for products, services and other currencies worldwide. More over it's value is now considered to be the highest among the other flat and the other existing new cryptocurrencies.
Bitcoin can be used as payment in online transactions. You can use bitcoin for investment or trading platform to gain profit. You can also use bitcoin in gambling to test your luck in doubling your bitcoin balance. Bitcoin has no fixed value as it changes everytime but it is one reason that affects the behavior of bitcoiners whether they should buy more bitcoins or sell it at the right price. IT is a very appropriate way to invest current and future. And at what price? Currently, bitcoin sdh reaches 152 million, possibly will increase again about 160 million, well here we use bitcoin as investment tool for future and future and if we buy bitcoin now we have kaga directly invested profit from bitcoin.

If you are asking that how you can used your bitcoin then i want to clear you that still there is negligible places where they are accepting bitcoin as a payment.
While if you want to use your bitcoin then you need to convert it to your desire currency easily there is no issue of conversion of bitcoin to any currency and then you can used your currency.
Value mean you are asking of price of BTC then presently price of BTC is 11500$ and vary slowly varying from yesterday.

There are many uses of bitcoin like paying transaction online because nowadays there are many transaction that you can pay online and many stores are also doing that to follow what is indemand in new generation. Bitcoin value is like what your money has. They are the same in terms of value. They are both useful and needed to buy goods but the difference is cash is handled but bitcoin is digital currency.

The bubble is something where there is an excessive valuation of the price of a unit. However, I don't think that Bitcoin is a bubble because there is the actual ground value for it and it is decided by the demand and supply principle. Is a part of blockchain technology that has a potential to transform our financial lifestyle in a very efficient manner and we are still in the development mode and early phase so there are many opportunities for speculation and most of the people are trying their luck with it. No one knows what is going to happen down the road.

I think you can look at is like any other mode of exchange or payment when it comes to seeking value for services rendered or something purchased. It is not that complicated, and we shouldn't try to complicate it. Could it be a bubble, well yes, but I doubt it is or will ever be. The value of bitcoin is mainly driven from the fact that it is currently decentralized, and decentralization is a good thing for the most part of things.

There are so many use of bitcoin, you can use bitcoin as an asset for trading or as an investment, you can use bitcoin for transferring money like what remittance do, you can use bitcoin as a bank, instead of storing money at the bank you can convert your money as bitcoin as store it on a bitcoin wallet, and you can buy goods using bitcoin. Those are some use of bitcoin which is really make things more easier.

Bitcoin is so profitable, there many uses like paying transaction online and this is will give you a huge income.
Bitcoin are so valuable look here price so huge, but for now the price of bitcoin is dropping and i hope next month bitcoin will more increase.

Bitcoin is a currency which is not covered with gold or anything valuable, so it´s price is determined by the believe of it´s value in general plus supply and demand. Bitcoin is a digital currency, but unlike dollar or euro it hasn´t been accepted as a mean of payment in most countrys.

Bitcoin has several payment functions. As we all know The intended use of the original is as currency. Since then, people have regarded it as a value store. and its value now reaches Rp.148.60 million / 1 BTC ...