Bitcoin Forum

" intrinsic value is a widely used concept, especially in the financial field. There are different views on this concept. The intrinsic value can be interpreted as the true value of a security, which is different from the market value or book value of that security. The intrinsic value includes other variables such as trademarks, trademarks, copyrights, etc. These variables are difficult to quantify and sometimes not accurately reflected in market prices. "

What is the intrinsic value of Bitcoin?

I think that intrinsic value of bitcoin is the belief of people in the blockchain technology . I do not think that there is something that can be called intrinsic value of bitcoin officially.

There is no base value for bitcoin, just as there is no base value for fiat. If everyone started not using euros they would be worth nothing. Perhaps you could consider a network value for bitcoin.

For a long time I have not seen such questions, which really were made and written on the case. I think that in general it depends on how you generally feel about the crypto-currencies, the value is that you do not need anything for reporting, it was designed that way.

In my own opinion i don't think that rule applies when it comes to crypto market and bitcoin because this is a free market price, any one can sell at any given price he wants, so the value of bitcoin basically depends on the demand and supply. 

The intrinsic value of Bitcoin is  the larger demand and supply of bitcoin, bitcoin is recognized almost world wide and most countries has started adopting bitcoin as a recognized form of payment for good and services

I agree more if bitcoin is determined by requests and offers.
its intrinsic value is attached to the trust of the user community. if this is lost then bitcoin is destroyed and abandoned.

I surmise that the intrinsic value of bitcoin is the conviction of individuals in the blockchain innovation. I don't feel that there is something that can be called intrinsic value of bitcoin formally. This is so fluctuating and basically depends on the supply and demand for coins.

In case of Bitcoin the intrinsic value and the market value is the same. Because, the intrinsic value usually indicates that what customers think of a company, share or stock's value compared to what it's market value actually is. But, for Bitcoin whatever the sellers perceive the value to be, it is sold for the same value in the market by them and bought by others.

I think that in general, it depends on how you generally feel about the crypto-currencies, the value is that you do not need anything for reporting, it was designed that way.

I think there is no proper intrinsic value of any currencies. The market can be changed anytime following any trouble. So I believe Bitcoin has not got any intrinsic value that can be described

If there will be something classified as intrinsic value of bitcoin. I believe it to be what the people think about it. The people believe in bitcoin and blockchain technology.

I don’t know the proper intrinsic value or the true value of Bitcoin. But maybe the blockchain network can be considered as its intrinsic value. Because it holds the core of BItcoin I believe

Well considering the definition of intrinsic value I would say Bitcoin hasn’t reached that position to earn an intrinsic value. Its network or its investors or its reaching can be considered as its intrinsic value

The concept of value is actually a very broad definition.When we want to find the value of a thing, we need to consider it in many ways. As far as BTC is concerned, I think its greatest value is to promote the development of the whole human race and improve the speed of human development. I think this has already had very, very great value.

For me it is the tech that devs bring on to the table. Many people think bitcoin is worthless because it is open source and can be copied by others immediately but they forget something. Bitcoin is gets upgrades constantly. Bug fixes, new technologies, offchain payments... The dev power behind bitcoin is definitely the most powerful.

I think the intrinsic value of bitcoin will depend largely on its utility and acceptance by the people who are using it. BTC wouldn’t have any value, if it hasn’t been able to facilitate its user with some service.

I think there is no right based on intrinsic value for BTC. Also people trust Blockchain tech as well as serve the intrinsic value.

I think the intrinsic value is bitcoin technology itself. Bitcoin is becoming big, becoming famous as it is now because of the technology carried by bitcoin.

People always want to have something valuable, for some it will be gold, for another Bitcoin. The more people in the world are lighting up the idea of getting Bitcoin, the higher is its value.

You can differently refer to the cost of bitcoin and the formation of the bitcoins price, but the fact that this currency (and this already became the fait accompli that it is a currency) is viable and if 1 million people decided to use it in their calculations, then after a while the number of these people will grow exponentially.

So how is the bitcoin price formed? The price of bitcoin is formed by society and the more profitable calculations in this currency, the higher the price and the bitcoin rate.

There is no base an incentive for bitcoin, similarly as there is no base an incentive for fiat. On the off chance that everybody began not utilizing USD they would be worth nothing. Maybe you could consider a system of esteem for bitcoin.

Yes, The concept of intrinsic value is used in the form of any business but in the crypto currency there is no such value which is declared officially by them. It basically depends on the users of crypto currency, their trust in the currency creates value to that particular coin.

IMO, the real nature of the Bitcoin exchange rate is much higher than it is now, not just over $ 6,000. The current exchange rate of the BTC is reduced to more than $ 6,000 due to the impact of the negative external news. I think the BTC rate could be as high as $ 30,000 if year-end demand for cryptos is high.

I think the intrinsic value of the current bitcoin will be the depreciation cost of the bitcoin digger and the transactions of the partners.

In the end, we all transfer any cryptocurrency to dollars or euros anyway. The value of Bitcoin lies in people's belief in blockchain technology and Bitcoin itself.

The blockchain technology, cryptographic security and ability to buy things with BTC are some of the facts that determine the intrinsic value of BTC. I guess this value stays as long as people get something in return from BTC.

BTC has become a liquid asset because of its nature. It is considered as a great alternative to fiat money and offering many advantages over the fiat money. This has led BTC to have intrinsic value.

well if you know about the market and study the it properly then you should have known that this place doesn't have any stable value it is a unpredictable business so it is impossible for us to find a stable value like the other corporate fields

I don't believe BTC has any intrinsic value.  But as long as people believe it has value, it will continue to have value...

Bitcoin don't have any intrinsic value,it may be the trust of the people on bitcoin.Bitcoin was sustained in the cryptocurrency market more than 9 years.It will not occur without the people trust on bitcoin. Many traders will start to inverse in bitcoin after the huge raise in bitcoin price in 2017.But just imagine about the status of bitcoin at the price of 1000$, many people may think it's a scam one.

I think my answer will disappoint you but it is true that bitcoin doesn't have base amount it never had, as per the market conditions and investors activities this prices keep changing so expecting that the price will be stable is only going to disappoint you

Bitcoin are more secure and reliable. thats why its intrinsic value are people's faith and confidence. it's more valuable and it will express officially. it will be help to increasing investment and make more profit.

Bitcoin are more profitable and potential. iti is more secure and ensure your profit. it is also committed to provide more profit for investor. it is more trusted and people are increasing their interest to invest here. i think its intrinsic value are people trust and faith.

It seems to be very deep theoretic question. The technology of blockchain is revolutionary and Bitcoin source code is like artwork - it costs very much. But the price of the currency is artificially overvalued by the finite number of coins. And I think that Bitcoin capitalization is too much higher than its intrinsic value.

the intrinsic value of bitcoin lies in its demand in the cryptocurrency market. because if bitcoin loses demand-it will become useless and will lose its value.

Bitcoin are impressive and probable. it is the best cryptocurrency in the world. its future are more profitable. people are trust it very much and they want investment here more and more. i think the intrinsic value of bitcoin is people trust and believe. it is more powerful and valuable.

Intrinsic value depends on people to people I think. There is no official intrinsic value of Bitcoin I think. What one think about bitcoin is the intrinsic value in my opinion.

I think bitcoin has no intrinsic value because it has a limited supply only unlike in fiat money that has a unlimited supply when the goverment print a new paper money. In bitcoin markets conducts the price of bitcoin and nothing will change that because bitcoin is decentralized.

Intrinsic value is widely used in financial world. It means the use of anything. For example, we can use gold to make jewellery, use it in electronics. Gold also has its value except these uses. So, gold has intrinsic value. But in case of bitcoin, we can say the blockchain technology is the intrinsic value of bitcoin.

Officially there is no intrinsic value of bitcoin. But the blockchain technology can be called as the intrinsic value. We can use the blockchain technology in many ways.

I think that many can say that the value of bitcoin is a bit speculative, since you can not subject it to anything or be regulated by the price of anything, bitcoin has that price because is the price that people are willing to pay for it, of course, that does not mean that bitcoin has no value or utility, everyone gives it the value that suits them best, for example I use it for daily transactions and has made my life enormously easier since in my country I do not have any means to get electronic dollars and bitcoin facilitates that problem.

To know about intrinsic values of bitcoin, we need to know about intrinsic values first. Intrinsic value means the value as something's usage. For example, diamonds can be used as drill beat, jewellery, cutting strong materials, laser pointing etc. Except these uses, diamonds also have its market value. So, diamonds has intrinsic value. But in case of paper money, it has no intrinsic value. Money is valuable because we say it is valuable on the basis of numbers written on it. We don't use money other than transaction. So, paper money has no intrinsic value. But in case of bitcoins, there is no official statement about its intrinsic value. But the blockchain technology behind bitcoin can be called as its intrinsic value. Because this technology has various uses.

I think there is none. Bitcoin can go as high as we could ever imagine but it can also go back to its lowest price. That is how volatile the price is. Having an intrinsic value is not one of characteristic of bitcoin.

I don't think there is any intrinsic value for bitcoin. It have no characteristics which can makes a intrinsic value for it. As you can see fiat currency also don't have any intrinsic value.

Like most of the members on here, I share the same opinion that while Bitcoin is revolutionary it does not have any other intrinsic value apart from the blockchain technology it first invented.

I have seen that many people asked this question. I think its depend on your personal feeling. How you think about bitcoin and the overall market. So this value varies.

Bitcoin has no intrinsic value.The cryptocurrency market is unregulated, so it is impossible to accurately calculate its internal value. We can only say that the more people invest in it and believe in it the higher its value.

As far I understand that this value is depend on people’s belief what they think about blockchain technology. I belief people have positive thinking about bitcoin.

I think this intrinsic value totally denpens on you. When you involve in crypto market then you choose the intrinsic value.

I agree with you. It's really tough to say the intrinsic value of bitcoin. It depends on various thing. That value you can not count.

The intrinsic value of Bitcoin is such a thing that can not be expressed in an abstract way by interpretation, because the individual characteristics of one subject are different or different from each other.

It's really hard to determine the intrinsic value of bitcoin. intrinsic value is a value which is the current value on an asset. And it has to be non-speculative. So we can think that intrinsic value is undefined.

Individuals have different personal idea about Bitcoin's value. However, many of Bitcoin's own value are explained by faith, but though structural intrinsic value of Bitcoin have not been explained.

The intrinsic value of Bitcoin is the belief in the blockchain because Bitcoin is the first blockchain technology to bring people's trust. And then people was starting to invest in this platform of digital currency. So, I explain the intrinsic value of Bitcoin by trust.

Bitcoin is a cryptocurrency that runs on blockchain technology in a decentralized system. The intrinsic value of a cryptocurrency depends on various factors. The belief of people on Bitcoin is the intrinsic factor for Bitcoin I guess.

There is no right out there intrinsic value for BTC. The people have a belief in the blockchain technology and that serves as the intrinsic value.

It actually varies from people to people. Given that this coin is not like our typical fiat, so it will be hard to say what the people deem as an intrinsic value.

Yes, I also agree with your suggestion because there is no particular value  for which you should sell at, it is a free market where you can put in any amount you have as spare and sell whenever you want as long as you make profit. The value of bitcoin depends largely of the amount of demand and supply. When there is high demand, the price will be high and when there is low demand, the price will fall.

Intrinsic value is a very combined and abstruct thing to relate with BTC. To predict the intrisic value of a coin of the crypto market is really not so easy and perhaps, nearly impossible accurately. We just can assume or feel it actually.

It depends on how to people perceive it. Since it is not treated as a typical fiat, the intrinsic value will differ.

Intrinsic value is some term used to convince people their investment is backed by some value that won't expire .However, that's not true .For instance , paper currencies itself don't have intrinsic value and don't tell me it's backed by gold and this crap . it's coming from your belief in that economy . same here with bitcoin and other cryptocurrencies they get value as long people believe in blockchain technology.

Bitcoin has an intrinsic value which is not like normal intrinsic values. The use of bitcoin is the intrinsic value of bitcoin. It is quite difficult to understand but it can make people careful about how they deal with bitcoin.

In an unregulated market like crypto market intrinsic value means nothing to be honest. For example, intrinsic value is usually used in the financial terms while defining a share in the stock market. Those shares have trademark value, copyright value etc. which do not exist in crypto market. So, basically Bitcoin does not have any intrinsic value.

I don’t think there is any intrinsic value of bitcoin. It actually depends on the market. Anytime the situation can be changed. So you cannot say anything that is the intrinsic value of bitcoin.

the value for me is that control goes in the people themselves and how much they are greedy for so much and will grow for transaction

There is not any internal value of bitcoin, there is a direct price of it and its growth and fall, no more than that.

Actually,  :-\ there is no intrinsic value of bitcoin. Because the price of bitcoin is dependent on blockchain technology. So, it is getting changed all time day by day.

I think in case of bitcoin, there is no such value. Supply and demand are the main factors which change the value and price of bitcoin and other cryptocurrencies. That’s why there is no intrinsic value of bitcoin.

Based on my understanding and what I have read that bitcoin doesn't has an intrinsic value as fiat currency, the value is determined by the government that why's called fiat currency. Bitcoin is the opposite of fiat currency where bitcoin is decentralized, there is no rule or  determination of the value, while fiat currency have a central in each country and its value is determined by the government, commonly handled by Central Bank in each country. That my understanding about his topic. 

I think there are three reasons for the intrinsic value of Bitcoin. The first is the cost of creating a Bitcoin. The second is the most commonly used currency in the payment. The third is the oldest virtual currency.

Bitcoin is just the first coin and it is in great demand and confidence, and it is Bitcoin that is the leader in capitalization.

A very rare value of around 21,000,000 and is contested by all people in this world.
Certainly it will become rare and become expensive coin.

bitcoin has no intrinsic value.  for example, gold.  gold is valued as long as someone is willing to give something for it. in this case also