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Author Topic: The value of bitcoin?  (Read 4232 times)
FreddieBennett213
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August 30, 2018, 10:47:49 AM
 #361

The value of bitcoin lies in the use of the holder. There are many ways to comment in a subjective way, but it doesn't have a basis.
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Bakery cream15
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August 30, 2018, 05:41:18 PM
 #362

I think bitcoin now is more popular to many people and countries.Because many people dump the price to buy cheap bitcoin to expect earn profit in the near future.Young,old all people are interest in to bitcoun.Because the value of bitcoin is unpredictable. Cheesy Cheesy
SirLancelot
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August 31, 2018, 06:18:00 AM
 #363

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.
I don’t think Bitcoin has a particular number that we can just say that’s the value, nothing at all. There was a time when you’d use about 10,000 BTC just for a two pizzas  but now it’s different, 10,000 BTC can get you a big house and fill your garage with cars and even make you a millionaire, cause it’s worth a lot of money.

But don’t forget that it is volatile, and like I said, I don’t think there is any particular thing as value in Bitcoin, it can fall down to $1 today and before you wake up tomorrow it’s already at the rate of $10,000. So I will just say that whatever you’re seeing in the market is the current value for it.
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September 08, 2018, 03:07:51 AM
 #364

We see more of a speculative asset than a currency which is the main reason why the value fluctuates a lot presently, and in the presence of mainstream adoption where bitcoin is being used for what is what created for, we will get to see more interesting move and less volatility in the long run.
Burogh
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September 08, 2018, 04:58:54 AM
 #365

The value of bitcoin is on security and limitation on supply. Maximum supply of bitcoin already pegged on 21million coin and no one control the supply. Beside that, the value of bitcoin is unhackable transaction data and its make trust on bitcoin price.

Epimetheus
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September 08, 2018, 05:02:24 AM
 #366

Bitcoin price is changes time to time. And their are many factors which are influence the value of bitcoin and make it a volatile currency. In this time one bitcoin is equal to approximately 6400$.the factor which influences its price is irregularities in its production and distribution. When bitcoin doesn't supply according to its demand then its price influence. When one country ban it then their is a negative effect show on the international market price of bitcoin.

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September 08, 2018, 06:54:08 AM
 #367

I think that BTC future 7000-9000$
Chotamobanhe
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September 12, 2018, 08:02:58 AM
 #368

Many people dump the price to buy cheap bitcoin to expect earn profit in the near future.Young,old all people are interest in to bitcoun.Because the value of bitcoun is unpredictable.
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September 14, 2018, 09:58:59 AM
 #369

I believe that it will go up but dont know what will be the next. The value is we know the best reason why we love btc meaning it is valuable because of its value.
quoctien1997
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September 14, 2018, 10:01:48 AM
 #370

Bitcoin real value for the first house and help the first home. However, the current value Bitcoin has xu hướng shrinked strong, should enter this time should be careful.
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September 14, 2018, 11:55:56 AM
 #371

I feel that even though the value of bitcoin has fallen and I noticed it was stagnant at $6.4k from yesterday, but that value is still the best price I think, because bitcoin can still survive and not fall deeper than $5k.
I assume bitcoin is priced at US $ 10,000. That's a rational price considering bitcoin is almost US $ 20,000 in December 2017. The price of bitcoin is not determined by the value of gold, because the cost of gold mining is relative. So, the indicator of rising or falling bitcoin prices is the amount of demand and availability of bitcoin on the market.
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September 14, 2018, 12:18:48 PM
 #372

I agree that the value of a thing is equal with the labor involved in developing it, but this is not an usual market, cours you can jse some stock strategies but in the same time it's like belgian diamonds. The big holders dictate the price. I personally consider that when the price is low things are good because somebody manipulate the price to buy, so obviously, at some point the price will go up.

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liliano
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September 14, 2018, 12:24:33 PM
 #373

What determines the value of a transaction or financial-related instrument is the market actor and the distribution of the equipment. The more market participants, the more rapidly the dynamics change
Bunsomjelican
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September 14, 2018, 01:03:51 PM
 #374

Bitcoin price value at the present time now are ranging from 6200$ up to 6400$ something. Its happening maybe because of the fluctuations, where it leads the traders to take actions every time there is a movement happen in the price value as well. But according to my analysis by 2019 Bitcoin will be fly up to moon for sure.

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September 14, 2018, 04:35:29 PM
 #375

Generally speaking, I find the value of Bitcoin quite large in the current coin market. At the same time Bitcoin has contributed a lot in the value of digital money. By 2017, the Bitcoin price of $ 20,000 was a surprisingly high level.
Xenoph0bia
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September 14, 2018, 05:23:01 PM
 #376

I feel that even though the value of bitcoin has fallen and I noticed it was stagnant at $6.4k from yesterday, but that value is still the best price I think, because bitcoin can still survive and not fall deeper than $5k.
I assume bitcoin is priced at US $ 10,000. That's a rational price considering bitcoin is almost US $ 20,000 in December 2017. The price of bitcoin is not determined by the value of gold, because the cost of gold mining is relative. So, the indicator of rising or falling bitcoin prices is the amount of demand and availability of bitcoin on the market.
The value of Bitcoin is increasing nowadays because the demand of Bitcoin is also increasing slowly and steadily.The value of Bitcoin depends upon some factors like the forces of demand and supply play an important role.How much investment is done in Bitcoin also determines the price of Bitcoin.Some countries have banned Bitcoin and this also affects its price.It has the capability to create records as it did in 2017.People have a lot of faith in bitcoin as it has always given good profits.
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September 15, 2018, 08:02:45 AM
 #377

Bitcoin price value at the present time now are ranging from 6200$ up to 6400$ something. Its happening maybe because of the fluctuations, where it leads the traders to take actions every time there is a movement happen in the price value as well. But according to my analysis by 2019 Bitcoin will be fly up to moon for sure.

seeing the trend from year to year maybe early 2019 will change with the beginning of the end of the month in 2018, the same as when the end of the month in 2017 and hopefully this increase can last until the end of 2019, many are hoping for this.


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wozzek23
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September 18, 2018, 10:18:26 AM
 #378

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.
[/quote
With the rate of difficulty in getting Bitcoin these days I would say that Bitcoin really deserves the current value lol. If it was before you would see lots of platforms giving out free Satoshis to people for doing nothing and even lots of food Faucets. But this time around it is very hard for anyone to get 1 Bitcoin and it is worth that. If you get yours you should better hold it tight.

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October 07, 2018, 12:37:16 PM
 #379

The value of bitcoin lies in the use of the holder. There are many ways to comment in a subjective way, but it doesn't have a basis.
The value of bitcoin is very expensive or very cheap it all depends on the market reaction, because positive or negative news is very influential, also the demand for bitcoin is little or much, and of course how much bitcoin mining results affect the amount of bitcoin in the market.
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October 07, 2018, 01:32:47 PM
 #380

Value of bitcoin is very much fluctuating and unpredictable. Value of bitcoin depends upon many factors like mining, its demand and stability of economy. One should buy bitcoins when price value is less and sell them when value is high. No can ever have any say on the value of bitcoin.

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