The value of bitcoin?

[ideya]

In case of bitcoins also there are mining costs. If you see recent trends, price never dropped to below average mining costs.

[edavis38156]

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

[_Legendary_]

Of course bitcoin value will continue to increase if the number of users continues to increase, and I'm sure that the rise in bitcoin users will make bitcoin prices can skyrocket anytime.

[FurDich]

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.

Today the value of the bitcoin is $4212 and day by day it will increase only . 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 creaissue . 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 and this are the value of bitcoin

The value of bitcoin is always inconstistent . it is always flactuating and it doesnt stay for one price value . It is always changing into low and high vaue .

[ajaymukund]

Bitcoin will make many people mistakenly assume that the money is in the form of fiat currencies (USD, euro, yen, ...). But actually the value of bitcoin not through the numbers but the usefulness. and convenient. This is most obvious when you hold and use the bitcoin number without any organization that can intervene and control it. Then, you can use bitcoin to make purchases and payments all over the world. Gender is easy and safe.

[wahyu wida]

Bitcoin will make many people mistakenly assume that the money is in the form of fiat currencies (USD, euro, yen, ...). But actually the value of bitcoin not through the numbers but the usefulness. and convenient. This is most obvious when you hold and use the bitcoin number without any organization that can intervene and control it. Then, you can use bitcoin to make purchases and payments all over the world. Gender is easy and safe.

there i think that is the essential value of bitcoin, which is used for transactions around the world. not replacing fiat currency, but as a companion, so it facilitates in transacting

[redsun114]

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

Fair enough. If the mining cost exceeds the price of Bitcoin, it will be useless to mine more and there will be simply no profit in mining Bitcoin. But it will never drop below the minimum cost and we have rather a rise in the current market charts which makes mining more profitable if you are form a country with low cost of electricity. Besides, one can mine using the sustainable energy resources like solar pannels and that can considerably reduce the cost of mining.

[ajaymukund]

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.

That complete that possible happen. The bitcoin future will be used, when they will replace the traditional type. You are all users can be used for bitcoin for payment for clothing, clothing, cash house , print menu, water, close tax, ...

[nano77]

I think, the value of bitcoin is influenced by several factors and bitcoin has often had falling prices but can survive and soon recover so that the value of bitcoin also becomes increasingly higher every year

[abaharie]

bitcoin value will continue to increase if the number of users continues to increase,

[Pasaway2701]

Bitcoin will make many people mistakenly assume that the money is in the form of fiat currencies (USD, euro, yen, ...). But actually the value of bitcoin not through the numbers but the usefulness. and convenient. This is most obvious when you hold and use the bitcoin number without any organization that can intervene and control it. Then, you can use bitcoin to make purchases and payments all over the world. Gender is easy and safe.

That how make a change in the price of bitcoin because of using it to change with local currency. We all know that bitcoin is created for new payment method used itself and accept it in every store. We see is only the value of it and not how it become useful for us to be securely transfer payment or even receiving it. We cannot control the over supply of it because there is mining where easily convert into fiat after getting it.

[gosha18]

I want bitcoin to be the only currency in the world.

[GangNamSK]

Of course bitcoin value will continue to increase if the number of users continues to increase, and I'm sure that the rise in bitcoin users will make bitcoin prices can skyrocket anytime.

That would of course happen. The market is up and down and it will stabilize again making investors feel more secure. In particular, it facilitates a boom in economic development.

[cryptogayan98]

Today a bitcoin value is in good value. During the past year, the value of this bitcoin was $ 20000. It's a great value. The value of this bitcoin is changing steadily every day. And if the demand increases, the value of bitcoin is also increased. As the value increases, investors can also see an increase.

[Blackrain13]

   I really like the concept of bitcoin. For a long term investment it is great to be a dream come true for the future of my family. Bitcoin really changed the life of many people and it will continue as long as bitcoin exist and people continue to patronized it. Bitcoin is very valuable and useful digital currency.

[Roomshambles]

The value of bitcoin is increasingly increasing because of the miners who mine bitcoin. But surely the supply from the miners looking for it will not be added anymore. Seeing bitcoin is very enthusiastic now it might be enough until the current supply.

[napoliground]

I think bitcoin prices are created purely from a very high demand process and from the difficulty of getting bitcoin making bitcoin very expensive and difficult to obtain because from year to year definitely bitcoin price will be very expensive and the total supply will be thinning.

[Ng93]

Bitcoin is mined by machine and its price will always grow, it all depends on the demand for this coin. Bitcoin is limited and will no longer be issued or printed as a Fiat currency so bitcoin has a future of becoming a single national payment method.

[jake zyrus]

The value of Bitcoin is increasing day by day.It is very expensive now.It already reached a huge amount of money.So,the value of Bitcoin is high now

The value of bitcoin is continues increasing everyday so that the value are expensive. Although this is very expensive the investor's are continues buying and invest in bitcoin, cause they have trust and believes in bitcoin is continues giving them good profit.

[BitcoinMarshal]

If you are a miner the value can matter, but if you're a swing trader it doesn't because it's just the volatility you are after. I never get it why people interested in the long term worry or think about the short term value that much. It doesn't make any difference for me if we drop to $5000 from here or break through $10,000. I don't have targets set I plan to sell at. I just want to ride this market out till we come to a point where the market is so insanely overbought.