The value of bitcoin?

[ZedMain]

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.

[Nanot]

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

[adzino]

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.

[yasuoWasakey99]

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.

[davinchi]

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.

[Fulmand]

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.

[Yaunfitda]

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.

[fuer44]

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.

[ethereumhunter]

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.

[faceoff97]

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.

[sindikat]

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.

[DrGuns4Hands]

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.

[palle11]

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.

[Theb]

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.

[Babylon]

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.

[Siren]

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.

[allthingsluxury]

The value of Bitcoin is the value of anything else in the market. The price someone is currently willing to pay for it.

[Ararbermas]

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.

[alexzorgo]

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
Technical availability is identical to all: availability of Internet access is enough

[Shutup]

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.