Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: JamesBorn on March 16, 2023, 08:15:16 PM



Title: The value of bitcoin remains the same
Post by: JamesBorn on March 16, 2023, 08:15:16 PM
Its really junking hearing saying bitcoin has lost its values. Let me give you instance, if people reject from been a part of a club member does that makes you less human? NO. Bitcoin can never lose its values only price that deprecates on normal marketcap of cryptosystem and cryptocurrency. The figures remain same which makes the values same point, as long you keep holding, the price will definitely gets to your purchased value and gain better even where you allow your investment to grow with bitcoin, be patients and watch time counting, bitcoin will surely proves many enemies, and bring them to the club as a bitcoiner.


Title: Re: The value of bitcoin remains the same
Post by: Upgrade00 on March 16, 2023, 08:24:06 PM
Tl;dr
1BTC would always be equal to 1BTC


Title: Re: The value of bitcoin remains the same
Post by: The Cryptovator on March 16, 2023, 08:29:55 PM
Bitcoin's value & price aren't at all equivalent. Yet, you aren't discussing both of it. You are actually referring to a unit. Value and price move simultaneously. But the unit you bought will remain unchanged forever. Price increases along with value growth. Value refers to how widely recognized Bitcoin is, and price refers to the current market price. You can conduct further research on the value, price, and units. Hence, it will be clearer to you.


Title: Re: The value of bitcoin remains the same
Post by: taufik123 on March 16, 2023, 09:05:53 PM
Maybe what you want to say is Value 1BTC = 1BTC and it won't change.
But if you refer to changes in the value of bitcoin with other currencies, then the value of bitcoin will not be the same, there will be changes in value because

Bitcoin is a digital currency that fluctuates with high volatility.
This is influenced by adoption and users, market demand and new news and events that will affect the entire market.

Investing in bitcoin involves a high degree of risk and no one will be held responsible for the investment you make, that is completely self-conscious.
It seems you need to learn more about Bitcoin Value.


Title: Re: The value of bitcoin remains the same
Post by: hatshepsut93 on March 16, 2023, 09:39:06 PM
When Bitcoin price falls, so does its purchasing power. If yesterday you could buy a house with 1 BTC, but today it's worth only half of the house, you have lost value. It doesn't matter that your loss is not realized and you can potentially get it all back, because here and now you are poorer than before.

as long you keep holding, the price will definitely gets to your purchased value and gain better even where you allow your investment to grow with bitcoin, be patients and watch time counting, bitcoin will surely proves many enemies, and bring them to the club as a bitcoiner.

If you are so sure that Bitcoin will go up and up, why not sell your house and your organs and anything that can be sold to buy more Bitcoin? That's only logical if you believe that Bitcoin will 100% go up.


Title: Re: The value of bitcoin remains the same
Post by: BADecker on March 16, 2023, 11:11:31 PM
Just remember where value lies. You can't eat dollars, and you can't eat bitcoins. You might be able to eat gold or silver, but it would be kinda difficult to do, and probably wouldn't do you any good.

Everything is money of a kind, after a fashion. One of the greatest values of bitcoin is, bitcoin is teaching people this. Many people know it already. Many of them are wealthy from understanding this. They look at the clothes on their backs, realize that it is money, and figure out how to bargain it away for better clothing.

8)


Title: Re: The value of bitcoin remains the same
Post by: ultrloa on March 16, 2023, 11:27:42 PM
Its really junking hearing saying bitcoin has lost its values. Let me give you instance, if people reject from been a part of a club member does that makes you less human? NO. Bitcoin can never lose its values only price that deprecates on normal marketcap of cryptosystem and cryptocurrency. The figures remain same which makes the values same point, as long you keep holding, the price will definitely gets to your purchased value and gain better even where you allow your investment to grow with bitcoin, be patients and watch time counting, bitcoin will surely proves many enemies, and bring them to the club as a bitcoiner.

Only change in terms of value since when the value is cheap the more volume you can get but, but if it became expensive the less volume you can get. But when transactions either use this on investment or on other means 1BTC is always equivalent to 1BTC and value will be less concern since you will only notice this once you cash out or exchange your bitcoins to fiat.


Title: Re: The value of bitcoin remains the same
Post by: jossiel on March 16, 2023, 11:46:39 PM
We know the true value of bitcoin.

It's much better to avoid and ignore those people that keeps on argumenting you that it has no value. You can't stop them from being like that and you'll just annoyed with those type of people because that's what they like to do, to piss you off and annoy you especially if they're seeing you reacting violently and reciprocating their arguments.

Don't notice them and they'll just get tired of having such arguments that bitcoin has no value. Just give them the price of bitcoin on trackers and that will end the discussion.


Title: Re: The value of bitcoin remains the same
Post by: SquirrelJulietGarden on March 17, 2023, 01:41:18 AM
Its really junking hearing saying bitcoin has lost its values
Like everything, Bitcoin can has a rise or fall in its value. How is it valued defined and accepted by people?

By its usability, its finance design which are most important things for its value. Without good usability, use cases, no value at all. Without solid finance design (total supply, inflation design), it will be over created (inflated) and will lose its value with time like fiat currency.

The purchasing power of the US. dollar over time (https://www.visualcapitalist.com/purchasing-power-of-the-u-s-dollar-over-time/)

I can not say certainly about future of Bitcoin but you must have knowledge about it, experience with it then belief will come to you.

The bullish case for Bitcoin (https://vijayboyapati.medium.com/the-bullish-case-for-bitcoin-6ecc8bdecc1) can enlighten you.


Title: Re: The value of bitcoin remains the same
Post by: Cuenta Alternativa on March 17, 2023, 03:08:59 AM
The purchasing power of the US. dollar over time (https://www.visualcapitalist.com/purchasing-power-of-the-u-s-dollar-over-time/)

I will put the image that appears in the article to exemplify with visibility.

https://i.postimg.cc/631y7K6K/Purchasing-Power-of-the-U-S-Dollar-Over-Time.jpg (https://postimg.cc/S2Cy5wz1)

If we look at the bitcoin chart we can see that the trend is exactly the opposite, so we have to forget about volatility and think about what will happen in the years to come. The longer the time horizon, the more purchasing power fiat currencies will lose and the more bitcoin will gain.


Title: Re: The value of bitcoin remains the same
Post by: benalexis12 on March 17, 2023, 03:55:02 AM

I can not say certainly about future of Bitcoin but you must have knowledge about it, experience with it then belief will come to you.

This is correct, before I don't believe and understand what really bitcoin is. But as time pass by I realized when knowledge came into my mind about in bitcoin, I suddenly got an interest yo know at to have it as well, and been planning to have it as long as I can until bull run come back in the market.


Title: Re: The value of bitcoin remains the same
Post by: Plaguedeath on March 17, 2023, 05:10:36 AM
The Bitcoin value is always be same because there's nothing changed on the consensus and the protocol, the only changed is the price because it's depends on demand and supply. Bitcoin isn't actually used as a store of value, but it's used as a currency where you can pay anything with Bitcoin without need to ask permission from the banks. If you're scared Bitcoin price can decrease due to bear market, why you're not scared if fiat value always decrease due to inflation?


Title: Re: The value of bitcoin remains the same
Post by: bluebit25 on March 17, 2023, 05:47:25 AM
Like many people here, I feel grateful to everyone who has spread information about blockchain, btc,... I don't think how much BTC will achieve in the future when I have been through at least two bullish waves.
And as far as I look at the nature that many people are seeing here, BTC objects, people, values, they all have interactions with each other and BTC independence from the rest of the objects helps us see 1btc = 1 Bitcoin :)


Title: Re: The value of bitcoin remains the same
Post by: SquirrelJulietGarden on March 17, 2023, 06:32:11 AM
I will put the image that appears in the article to exemplify with visibility.

https://i.postimg.cc/631y7K6K/Purchasing-Power-of-the-U-S-Dollar-Over-Time.jpg (https://postimg.cc/S2Cy5wz1)
It helps people who don't want to read that article by spending a few minutes.

Quote
If we look at the bitcoin chart we can see that the trend is exactly the opposite, so we have to forget about volatility and think about what will happen in the years to come. The longer the time horizon, the more purchasing power fiat currencies will lose and the more bitcoin will gain.
Because Bitcoin and fiat currencies have different inflation charts. They are all inflationary and Bitcoin is not deflationary as many people thought.

However Bitcoin is created at less and less production rate compares to increasing printing rates of fiat currencies. The differences are big enough to disguise people that Bitcoin is deflationary.

Bitcoin controlled supply is shown by a Bitcoin inflation vs time chart.


Title: Re: The value of bitcoin remains the same
Post by: rodskee on March 17, 2023, 06:35:46 AM
Its really junking hearing saying bitcoin has lost its values. Let me give you instance, if people reject from been a part of a club member does that makes you less human? NO. Bitcoin can never lose its values only price that deprecates on normal marketcap of cryptosystem and cryptocurrency. The figures remain same which makes the values same point, as long you keep holding, the price will definitely gets to your purchased value and gain better even where you allow your investment to grow with bitcoin, be patients and watch time counting, bitcoin will surely proves many enemies, and bring them to the club as a bitcoiner.
Good point from a new account to tell your co newbies how to understand and listen to the coins that we truly trust( we as crypto users for years). bitcoin never lose its  value but only the price in Fiat that we mostly understand that dropping.
Bitcoin will remain valuable for all that knows what is the future.
HOLDING is still the best way to deal with crypto like Bitcoin.


Title: Re: The value of bitcoin remains the same
Post by: DapanasFruit on March 17, 2023, 06:58:56 AM


Of course, when we are talking on the value of Bitcoin we should not equate all with its monetary price in the current cryptocurrency market. Defining value can be broad from one person to another. For example, if you have Bitcoin and the government can be running after your finances maybe to confiscate them it would be impossible for them to track your Bitcoin not unless you are volunteering to tell them. Now that is one value of Bitcoin we can rely on. The price is of course depends on a lot of factors especially demand and supply...and because Bitcoin can be excelling on these aspects no wonder some are predicting that its Bitcoin can go to the moon at the right time. And today as the world is watching the banking turmoil in USA and Europe we can see that more and more are shifting their interest to Bitcoin especially as a reliable safe haven.


Title: Re: The value of bitcoin remains the same
Post by: Asuspawer09 on March 17, 2023, 07:04:48 AM
Its really junking hearing saying bitcoin has lost its values. Let me give you instance, if people reject from been a part of a club member does that makes you less human? NO. Bitcoin can never lose its values only price that deprecates on normal marketcap of cryptosystem and cryptocurrency. The figures remain same which makes the values same point, as long you keep holding, the price will definitely gets to your purchased value and gain better even where you allow your investment to grow with bitcoin, be patients and watch time counting, bitcoin will surely proves many enemies, and bring them to the club as a bitcoiner.

As long as there are people willing to buy bitcoin the value of bitcoin will never reach zero ever, I mean when you see the history I couldn't really imagine people not believing in it or just dropping a very low price. I mean in a sense it doesn't mean that it is not possible at all but at the same time, it doesn't mean that it's going to happen even though it is possible. If war explodes nobody would ever be interested in buying bitcoin unless you still have the capabilities to buy it instead of just focusing on surviving. If people are convinced that it is going to be the end of the world and we already have no future, nobody would ever still invest in bitcoin.

Bitcoin is still bitcoin, or should we say bitcoin technology, but for most people, this is just an investment, and even me so it all depends on the market price and that's how we value it period.



Title: Re: The value of bitcoin remains the same
Post by: franky1 on March 17, 2023, 08:34:13 AM
price
values
value

are 3 different things

price is the speculative spot market (volatile and moves fast)
value is below the market. its the support that holds it currently above $15k
values is the sentimental benefits/features/utility/desire

2 metrics are numeric 1 metric is speculative emotion

value(numeric metric) moves at a slower pace to price
value sits below the market to keep it from being non-zero bottom
premium is above the market to keep it from bubbling too high above speculation

bitcoins 6month average value-premium is about $15k-$100k
bitcoins recent fortnight  value-premium is about $18k-$118k

the market sits within that window


Title: Re: The value of bitcoin remains the same
Post by: Bellarg on March 17, 2023, 09:46:43 AM
Value of bitcoin can vary and it depends on adoption and users count


Title: Re: The value of bitcoin remains the same
Post by: BADecker on March 17, 2023, 01:31:42 PM
The purchasing power of the US. dollar over time (https://www.visualcapitalist.com/purchasing-power-of-the-u-s-dollar-over-time/)

I will put the image that appears in the article to exemplify with visibility.

https://i.postimg.cc/631y7K6K/Purchasing-Power-of-the-U-S-Dollar-Over-Time.jpg (https://postimg.cc/S2Cy5wz1)

If we look at the bitcoin chart we can see that the trend is exactly the opposite, so we have to forget about volatility and think about what will happen in the years to come. The longer the time horizon, the more purchasing power fiat currencies will lose and the more bitcoin will gain.

That's an important point from a different angle. You can look at a fiat dollar bill. But you can't look at the fiat Bitcoin. So, which one really has more "substance?"

8)


Title: Re: The value of bitcoin remains the same
Post by: Ojima-ojo on March 17, 2023, 01:49:04 PM

I can not say certainly about future of Bitcoin but you must have knowledge about it, experience with it then belief will come to you.

This is correct, before I don't believe and understand what really bitcoin is. But as time pass by I realized when knowledge came into my mind about in bitcoin, I suddenly got an interest yo know at to have it as well, and been planning to have it as long as I can until bull run comes back in the market.
Yeah value calibrators only come into play at the point of exchange from Bitcoin vs USD this is not only peculiar to Bitcoin but all other assets on the exchange markets.

Stock markets have a lot of variables, and $USD is the currency used in measuring the value of those assets on the exchanges, but then if you avoid DCA, you may never lose your bits again because 1BTC=1BTC.


Title: Re: The value of bitcoin remains the same
Post by: Darker45 on March 17, 2023, 01:51:42 PM
Value is relative. And it also doesn't remain the same. I'm not talking of the price, of course.

To somebody living in Beirut where money in the banks could not even be withdrawn, Bitcoin is more valuable. In the same manner that Bitcoin is certainly more valuable to somebody who's from Ukraine trying to evacuate and cross borders than one who is living peacefully in a place where businesses are freely operating and bombs are not dropped anytime of the day. Bitcoin is also more valuable to a father who's from El Salvador working in the US who has to send money to his family every pay day.


Title: Re: The value of bitcoin remains the same
Post by: crypticj on March 17, 2023, 01:56:03 PM
I think bitcoin's value will rise in the next decade. When mass adoption will hit and people realize that bitcoin is not just an asset to invest in but the freedom and privacy, its value will go up for sure.

And another good thing about bitcoin is that his value won't go down. Only up.


Title: Re: The value of bitcoin remains the same
Post by: Mr.sprin on March 17, 2023, 02:31:49 PM
I think bitcoin's value will rise in the next decade. When mass adoption will hit and people realize that bitcoin is not just an asset to invest in but the freedom and privacy, its value will go up for sure.

And another good thing about bitcoin is that his value won't go down. Only up.
a very good assumption but untenable as it is not supported by any clear source, it's just your guess. basically the price of bitcoin cannot be predicted unless there is news bitcoin stating it is legalized in a country or something like that it is clear that bitcoin will increase in price or for example elon musk accepts transactions using bitcoin.


Title: Re: The value of bitcoin remains the same
Post by: Rahul09 on March 17, 2023, 02:57:55 PM
Investing in bitcoin involves a high degree of risk and no one will be held responsible for the investment you make, that is completely self-conscious.
It seems you need to learn more about Bitcoin Value.
I never consider bitcoin investing to be high risk. Because I believe in Bitcoin. And I believe that Bitcoin will reach higher prices. For that, I sleep easy after investing in Bitcoin. Because I know I'll wake up and watch Bitcoin go up. I hold bitcoin investments until it rises.  Don't worry about investing like others.


Title: Re: The value of bitcoin remains the same
Post by: fadhilz123 on March 17, 2023, 03:16:14 PM
I think bitcoin's value will rise in the next decade. When mass adoption will hit and people realize that bitcoin is not just an asset to invest in but the freedom and privacy, its value will go up for sure.
The mass adoption that you are referring to has indeed occurred in several countries in the world, such as in El Salvador. And it is likely that this will continue to spread to other countries if Bitcoin continues to be seen by many people and also many parties as a very good asset and not only good for investment.

Quote
And another good thing about bitcoin is that his value won't go down. Only up.
This has not occurred to me because what I see now is that Bitcoin can still experience a decline even though it will increase again because Bitcoin is not an asset with a stable price even though Bitcoin is a good asset. But for the problem of decreasing and increasing prices in Bitcoin, I think it will continue to happen even though for now the decline is much smaller than the increase, but last year the decline in price was far greater than the increase.

a very good assumption but untenable as it is not supported by any clear source, it's just your guess. basically the price of bitcoin cannot be predicted unless there is news bitcoin stating it is legalized in a country or something like that it is clear that bitcoin will increase in price or for example elon musk accepts transactions using bitcoin.
And what you also need to know is that Bitcoin was created not for Elon Musk, even though Elon Musk has the power to make a news very viral and it will have a good effect on certain products that he says, but without even saying it by Elon Musk himself Bitcoin is very trusted by many people at this time and also countries like El Salvador have adopted it like a normal currency.


Title: Re: The value of bitcoin remains the same
Post by: Awaklara on March 17, 2023, 04:43:24 PM
Investing in bitcoin involves a high degree of risk and no one will be held responsible for the investment you make, that is completely self-conscious.
It seems you need to learn more about Bitcoin Value.
I never consider bitcoin investing to be high risk. Because I believe in Bitcoin. And I believe that Bitcoin will reach higher prices. For that, I sleep easy after investing in Bitcoin. Because I know I'll wake up and watch Bitcoin go up. I hold bitcoin investments until it rises.  Don't worry about investing like others.
you have good faith. but do you plan when you will wake up and will see your Bitcoin? Are you sure that when you look at your Bitcoin, the market moment is exactly what you expected? it's all unpredictable, everyone who invests in Bitcoin has a strong belief.
You can say Bitcoin is risk free, but it all depends on where you keep your Bitcoin. and secure everything. many aspects that make Bitcoin a crypto asset that is considered the safest, it turns out that it also has risks for us, the holders.


Title: Re: The value of bitcoin remains the same
Post by: hannahB4 on March 17, 2023, 08:48:05 PM
Value is referred to as the quality feature which renders a thing desirable, bitcoin will always be valuable because it has stood the test of time, however, the price of bitcoin possesses a volatile nature.


Title: Re: The value of bitcoin remains the same
Post by: Ndabagi01 on March 17, 2023, 10:12:27 PM
It’s really junking hearing saying bitcoin has lost its values. Let me give you instance, if people reject from been a part of a club member does that makes you less human? NO. Bitcoin can never lose its values only price that deprecates on normal marketcap of cryptosystem and cryptocurrency. The figures remain same which makes the values same point, as long you keep holding, the price will definitely gets to your purchased value and gain better

Once you’re patient enough, you’ll definitely succeed in this bitcoin club. Just hold and wait patiently as time will speak for itself on your behalf. You’ll be surprised how big you’ll make it in this club, that will be the reward of your patience. So many market speculations and trends but just remain focus on achieving the main purpose investing, which is to make profit.

Quote
even where you allow your investment to grow with bitcoin, be patients and watch time counting, bitcoin will surely proves many enemies, and bring them to the club as a bitcoiner.

If many people accept bitcoin's proof of existence and success, they'll all be in the club by now. Many so-called bitcoin critics have seen a lot of proven facts, but they still don't want to join the club. Nothing is forced here; anyone who wants to join is free to do so without being coerced.



Title: Re: The value of bitcoin remains the same
Post by: borovichok on March 18, 2023, 06:20:36 AM
you have good faith. but do you plan when you will wake up and will see your Bitcoin? Are you sure that when you look at your Bitcoin, the market moment is exactly what you expected? it's all unpredictable, everyone who invests in Bitcoin has a strong belief.
You can say Bitcoin is risk free, but it all depends on where you keep your Bitcoin. and secure everything. many aspects that make Bitcoin a crypto asset that is considered the safest, it turns out that it also has risks for us, the holders.
Firstly, the market involved both bull and bear season and they're the seasons of the market. Either we are expecting a bull this time or bear, but to be on the safer side, Bitcoin should be stock in our hard wallets because there's so many dump projects out there in the market seeking for a trader's account to liquidate, and couple times I've recovered from my losses whenever there's pump in bitcoin. Bitcoin values varies in all seasons of the market, the most important thing is to make enormous profits from it whenever it either triggered in a bullish or bearish movement.


Title: Re: The value of bitcoin remains the same
Post by: GreatArkansas on March 18, 2023, 07:54:31 AM
If we look at the bitcoin chart we can see that the trend is exactly the opposite, so we have to forget about volatility and think about what will happen in the years to come. The longer the time horizon, the more purchasing power fiat currencies will lose and the more bitcoin will gain.
This is the best example of how our fiat right now, $1 is no $1 ($1 != $1).
I can say it's because of inflation and that's one of the many that Bitcoin solves or fixes.
I believe that Bitcoin will not experience this as supply of Bitcoin will be limited only over the time not the same with fiat which they can print unlimited amount.


Title: Re: The value of bitcoin remains the same
Post by: Rahul09 on March 18, 2023, 10:13:09 AM
Investing in bitcoin involves a high degree of risk and no one will be held responsible for the investment you make, that is completely self-conscious.
It seems you need to learn more about Bitcoin Value.
I never consider bitcoin investing to be high risk. Because I believe in Bitcoin. And I believe that Bitcoin will reach higher prices. For that, I sleep easy after investing in Bitcoin. Because I know I'll wake up and watch Bitcoin go up. I hold bitcoin investments until it rises.  Don't worry about investing like others.
you have good faith. but do you plan when you will wake up and will see your Bitcoin? Are you sure that when you look at your Bitcoin, the market moment is exactly what you expected? it's all unpredictable, everyone who invests in Bitcoin has a strong belief.
You can say Bitcoin is risk free, but it all depends on where you keep your Bitcoin. and secure everything. many aspects that make Bitcoin a crypto asset that is considered the safest, it turns out that it also has risks for us, the holders.
I never said that Bitcoin is safe for everyone. I don't just worry about Bitcoin price going up and down. Because I invest there for long term. I may not wake up and see Bitcoin go up but I will wait until Bitcoin goes up. And if someone is new here then he must know about Bitcoin first.Because not only investing in bitcoins is his own responsibility to keep the invested bitcoins safe and secure, which I always do.


Title: Re: The value of bitcoin remains the same
Post by: SquirrelJulietGarden on March 18, 2023, 10:22:58 AM
That's an important point from a different angle. You can look at a fiat dollar bill. But you can't look at the fiat Bitcoin. So, which one really has more "substance?"
The inflation chart and future supply of Bitcoin is opposite with circulating supply of the US. dollar.

The Fed’s $1.5 trillion loan injection, explained (https://www.vox.com/policy-and-politics/2020/3/13/21178457/1-5-trillion-stimulus-loan-fed-federal-reserve). $1.5T and FED have yet stopped printing new US. dollar into its circulation supply.

This is the best example of how our fiat right now, $1 is no $1 ($1 != $1).
Governments don't change their minds and they are free to print more money from small to big countries. Big countries look to are stronger than small countries to control their economic and financial collapses that happen with hyper inflation in small countries like Venezuela.

The highest inflation rate in recent years was achieved in Venezuela in 2019. The inflation rate there was 9,586 percent. (https://www.worlddata.info/inflation.php) I don't expect to see any inflation rate nearly that one in big nations like the USA, UK as if it occurs, it would occur in a Greatest Recession in history.


Title: Re: The value of bitcoin remains the same
Post by: kryptqnick on March 18, 2023, 11:08:31 AM
I think that while the idea of 1 btc = 1 btc is very appealing (in a way because it represents the law of identity, and we want to have more stability in our lives), it does not make much practical sense. Value can be subjective, and some can say that the price of Bitcoin doesn't represent its real value. But the price represents a sort of consensus of how much people are willing to pay for Bitcoin, for how much they are willing to sell it, and how many goods and services it can be directly or indirectly exchanged for. I'd say the value of Bitcoin changes because the price is merely an indicator of purchasing power. If one day you can exchange your Bitcoin for a Tesla car and another day you can only afford a motorcycle, it's a difference. Just like some time ago you could only exchange Bitcoin for a cup of coffee, whereas now it's way more than that.


Title: Re: The value of bitcoin remains the same
Post by: jaberwock on March 18, 2023, 03:33:16 PM
As long as there are people willing to buy bitcoin the value of bitcoin will never reach zero ever, I mean when you see the history I couldn't really imagine people not believing in it or just dropping a very low price. I mean in a sense it doesn't mean that it is not possible at all but at the same time, it doesn't mean that it's going to happen even though it is possible. If war explodes nobody would ever be interested in buying bitcoin unless you still have the capabilities to buy it instead of just focusing on surviving. If people are convinced that it is going to be the end of the world and we already have no future, nobody would ever still invest in bitcoin.

Bitcoin is still bitcoin, or should we say bitcoin technology, but for most people, this is just an investment, and even me so it all depends on the market price and that's how we value it period.
Never forget the Hodlers. They also play an important role here. Even if there are no recent buyers but as long as there are still people who will HODL their BTC, the price of it will never drop to zero.

There are many reasons on why people sell their coins and it's not always when the value is pumping but sometimes it's when the value is crashing. They are scared and think Bitcoin will not recover anymore. They can check the history but not all times it can repeat and the price can recover again for some reasons and one of it is like you said, a world war might possibly sprung up in the future but even if all disappears Bitcoin will still remain as it was digital and its value as a technology is still there.


Title: Re: The value of bitcoin remains the same
Post by: Mpamaegbu on March 19, 2023, 05:02:10 AM
Those who argue that one Bitcoin remains one Bitcoin aren't seeing from the momentary value it's equated with but from the literary perspective. We know that price changes from time to time and that's what gives Bitcoin its value. I bet those who bought and saw the price at the last ATH of $68k+ would tell you that they're selling in loss now if they do sell at all. It could be they bought below $20k then but will tell you they're in loss even at the current price of $27k+ because they saw it hit $68k+ and are waiting for it to touch it or anywhere close to that before selling. So, value doesn't remain the same. I don't agree to that.