The value of bitcoin?

[gamalzour]

I see the price of bitcoin is badly destroyed now. This can make a lot of people panicked so selling some bitcoinnya make the price more destroyed only. Preferably when prices like this we keep nenahannya to inhibit the decline in prices. You should know, this price drop is due to the number of people selling bitcoins.

The trending topic these days is the value of Bitcoin and this amazed us all that is why it is discussing everywhere in the crypto market. All we need is to think productively so that we may get benefit in all conditions. Even in this low market the benefit is investment for new people or investment for those who have invested already. We all can get large quantity of coins on using low amount.

[1714870978]

1714870978

[Alns]

Since the starting of bitcoin a few number of people invest into bitcoin.But now a lot of number peoples invest into bitcoin because bitcoin is promising crypto coin and very potential coin.peoples gain profit to invest into bitcoin.In a word bitcoin become a valuable thing to the peoples.

Yes bitcoin becomes very popular recently, and this is amazing because nobody thought about it a year ago, and now the whole world is like boiling from all of this bitcoin and blockchain technologies, opportunities.

[Pamadar]

Since the starting of bitcoin a few number of people invest into bitcoin.But now a lot of number peoples invest into bitcoin because bitcoin is promising crypto coin and very potential coin.peoples gain profit to invest into bitcoin.In a word bitcoin become a valuable thing to the peoples.

Yes bitcoin becomes very popular recently, and this is amazing because nobody thought about it a year ago, and now the whole world is like boiling from all of this bitcoin and blockchain technologies, opportunities.

after seeing the opportunities now many people are interested to ride with bitcoin, I think we can't determine what can be the end value its still too early to assess, with the volume numbers compared to possible end users, surely the value of this coin can reached the highest pick that we expected to be, more years of never ending sway, the volatile market will continue as people with different approach will come and past to try their own luck with this crypto industry.

[Soneo]

Since the starting of bitcoin a few number of people invest into bitcoin.But now a lot of number peoples invest into bitcoin because bitcoin is promising crypto coin and very potential coin.peoples gain profit to invest into bitcoin.In a word bitcoin become a valuable thing to the peoples.

I think most people would say is the only thing that makes people like at first sight to bitcoin and about OP not know note the past or the history of price bitcoin. you can know that use the chart market cap coins and historical data for bitcoin. in the world of bitcoin, volatility cause increased ridiculous value bitcoin

[Bitkoyns]

Since the starting of bitcoin a few number of people invest into bitcoin.But now a lot of number peoples invest into bitcoin because bitcoin is promising crypto coin and very potential coin.peoples gain profit to invest into bitcoin.In a word bitcoin become a valuable thing to the peoples.

Yes bitcoin becomes very popular recently, and this is amazing because nobody thought about it a year ago, and now the whole world is like boiling from all of this bitcoin and blockchain technologies, opportunities.

after seeing the opportunities now many people are interested to ride with bitcoin, I think we can't determine what can be the end value its still too early to assess, with the volume numbers compared to possible end users, surely the value of this coin can reached the highest pick that we expected to be, more years of never ending sway, the volatile market will continue as people with different approach will come and past to try their own luck with this crypto industry.

it is not about the people trying their luck in crypto world, it is about the future, cryptocurrency has a great future in the market since it will deliver the modern payment method and other things to do with different project that has been launch and will launch.

[carlisle1]

Since the starting of bitcoin a few number of people invest into bitcoin.But now a lot of number peoples invest into bitcoin because bitcoin is promising crypto coin and very potential coin.peoples gain profit to invest into bitcoin.In a word bitcoin become a valuable thing to the peoples.

Yes bitcoin becomes very popular recently, and this is amazing because nobody thought about it a year ago, and now the whole world is like boiling from all of this bitcoin and blockchain technologies, opportunities.

What do you mean a year ago?bitcoin has been popularized five years ago after four years of being existence

The only problem we had here is the volatility of the coins that affected the whole markets prices

Though we can be sure of gaining but for long term and not for just a few days,

[didik12]

Today the value of bitcoin is low. When the month pass i think when the christmass  season is coming the value of btc is going higher and higher. I think because in this season a lot of investors investing because he/she  know that this kind of month the price of bitcoin is high.when the december come price of bitcoin is high.

[malah]

the price of bitcoin is difficult to predict and has a constantly changing price and from that price change that gives an opportunity to gain profit, but the value of bitcoin from year to year always increases

[BlackBeauty]

the price of bitcoin is difficult to predict and has a constantly changing price and from that price change that gives an opportunity to gain profit, but the value of bitcoin from year to year always increases

Yes its value is more increase because bitcoin provide a lot of benefits to people and that's why they invest their money because they know it will give a lot of profit in future and they will create any business by its profit, so that's why its a fast life changer for people, that's why its valuable currency for people.

[Chienna]

If the gold value was based on what it takes to mine it then the price wouldn't be so high. After all, they use slave children to mine and pay the families peanuts. There are several but the most significant parameter is the quotation established by the "fixing".

If the volatility is not something that people can handle then the cryptocurrency market is certainly not for them. Because there is not a lot much more volatile than cryptos

I agree. The problem here is that we can see what the price is whereas value is more of a concept that we don’t have an algorism to calculate. Anyway, if we don’t take into account offer and demand we can’t explain the value of bitcoin as well as many other assets and goods.

Adam Smith was right in some of his opinions and wrong in others, but we can’t take his opinions as dogmas of the Church.

What is the cost of labor involved in making a 100$ note? It is more or less the same as the cost of labor involved in making a 1$ note.

They say that the value of bitcoin comes low last year. But for me, the price of the bitcoin is hard to predict. Bitcoin gave us a lot of benefits that's why many people patronize it. The value of bitcoin is changeable so for us, the users, we need to cooperate when it comes to the value as I said it's gard to predict.

[lokanot0]

Bitcoin was designed to be very volatile that why its value wont stay the same in a long time. The fluctuation of its price in beyond human perception that is why its hard to predict its price. That is why in investing in bitcoin there is a huge risk, you either go home a winner or a loser.

[xyzone]

any assets will increase in price every year. I believe in my assets that is crypto. I support crypto because the technology used can help everyone in the future.

[goldade]

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.

You said yourself that you like the core concept of bitcoin and the volatility in its price is also one of its core concepts which means you will inevitably have to like it too.
The price of bitcoin has, since its inception, never been stable and this is gives people the opportunity to make profits. The pump and dump are what bitcoin traders capitalize on to earn. If the price is fixed, then there will be no way to make profits by buying and selling since you will be buying and selling at the same price.
However, if you feel you can't deal with the volatility of bitcoin, then the best thing to do is hold for a very long time or work for your bitcoins instead of trading.

[3la9l_kolbaCa]

If the gold value was based on what it takes to mine it then the price wouldn't be so high. After all, they use slave children to mine and pay the families peanuts. There are several but the most significant parameter is the quotation established by the "fixing".

If the volatility is not something that people can handle then the cryptocurrency market is certainly not for them. Because there is not a lot much more volatile than cryptos

I agree. The problem here is that we can see what the price is whereas value is more of a concept that we don’t have an algorism to calculate. Anyway, if we don’t take into account offer and demand we can’t explain the value of bitcoin as well as many other assets and goods.

Adam Smith was right in some of his opinions and wrong in others, but we can’t take his opinions as dogmas of the Church.

What is the cost of labor involved in making a 100$ note? It is more or less the same as the cost of labor involved in making a 1$ note.

They say that the value of bitcoin comes low last year. But for me, the price of the bitcoin is hard to predict. Bitcoin gave us a lot of benefits that's why many people patronize it. The value of bitcoin is changeable so for us, the users, we need to cooperate when it comes to the value as I said it's gard to predict.

Exactly! It's hard to predict when high is high and when low is low, it's very uncertain. It can be very challenging to deal volatility, it's important that we learn to embrace its nature, its essence, and how it could be a great help to change standard of living. It takes strong willingness and patience to succeed and survive in the field. Despite price correction, I still trust and believe that bitcoin has the potential to recover and grow.

[Bustart]

If the gold value was based on what it takes to mine it then the price wouldn't be so high. After all, they use slave children to mine and pay the families peanuts. There are several but the most significant parameter is the quotation established by the "fixing".

If the volatility is not something that people can handle then the cryptocurrency market is certainly not for them. Because there is not a lot much more volatile than cryptos

I agree. The problem here is that we can see what the price is whereas value is more of a concept that we don’t have an algorism to calculate. Anyway, if we don’t take into account offer and demand we can’t explain the value of bitcoin as well as many other assets and goods.

Adam Smith was right in some of his opinions and wrong in others, but we can’t take his opinions as dogmas of the Church.

What is the cost of labor involved in making a 100$ note? It is more or less the same as the cost of labor involved in making a 1$ note.

They say that the value of bitcoin comes low last year. But for me, the price of the bitcoin is hard to predict. Bitcoin gave us a lot of benefits that's why many people patronize it. The value of bitcoin is changeable so for us, the users, we need to cooperate when it comes to the value as I said it's gard to predict.

Exactly! It's hard to predict when high is high and when low is low, it's very uncertain. It can be very challenging to deal volatility, it's important that we learn to embrace its nature, its essence, and how it could be a great help to change standard of living. It takes strong willingness and patience to succeed and survive in the field. Despite price correction, I still trust and believe that bitcoin has the potential to recover and grow.

The value of bitcoin whether it rises or fall, both open opportunitues that can be very advantageous. When price drops, it's the appropriate time to buy more coins, hold, and sell high. It's very important that we keep on learning and be informed to broaden knowledge and awareness. Moreover, we should learn to realize that price movement is normal, the decline in price is temporary, and panic does not lead to productivity.

[ethereumhunter]

maybe we don't know how much the value of bitcoin because the price is always up and down and still too volatile. but I believe that the bitcoin value will be more expensive than now because the price can increase high from time to time. and besides of increase, the price can also decrease at any time so we are difficult to determine how much the value. bitcoin is different than gold that has physical form and people can determine the value of gold but in bitcoin, the value will still change in every day.

[Chanock]

Nowadays the value of bitcoin is around 6,600 USD and it is slightly recover for almost 3% at 24 hours past. Hoping this price recover this early of July 2018 will continue until hitting the highest price. Many people nowadays are expecting that this month of July the value of bitcoin will start recover and currently the price of bitcoin slightly pump.

[BitcoinMarketer39]

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 value of bitcoins is always depending on supply and demand so obviously, the market price will always pump or dump depending on how the investors are reacting on the speculations regarding on the market prices.

[Jamescur]

The value of Bitcoin also comes from trust, but it is not behind the government's credit endorsement!
This kind of trust comes from the simplicity and power of Bitcoin technology. It comes from the idea of transcending the era, from the dissatisfaction with the existing monetary system, from the natural yearning of human beings for progressive things.

[pivxmen]

I am a beginner in the world of crypto. how bitcoin can have value? I see very large bitcoin price growth. many earned a profit last year when bitcoin prices hit $ 19,000. now how can bitcoin decrease greatly? does nothing set in the rise and fall in bitcoin prices?