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Author Topic: The value of bitcoin?  (Read 4327 times)
gheawari431
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November 22, 2018, 12:10:11 PM
 #381

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.
Bitcoin is a digital currency, so it's not physical. The value of Bitcoin is created because there are offers and requests from bitcoin users. The more demand the price will go up, while the more offers the price will go down. Bitcoin has no comparison, so that bitcoin cannot be intervened by anyone.
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November 22, 2018, 01:40:44 PM
 #382

The value of bitcoin has been a debating issue most people in the cryptocurreny business. It becomes very painful after investing a whole lot in bitcoin and the price turning upside down. I have the hope that thing will stabilize for my good.
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November 22, 2018, 01:48:25 PM
 #383

from the past until now the value of bitcoin cannot be determined and ascertained because it has become the nature of the crypto currency and one of the risks in investing with crypto currencies is that we cannot ascertain the value or price of the currency
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November 27, 2018, 04:42:07 AM
 #384

The premise is true in a micro economy where you're only dealing with the price and cost of a product and service in a small community where yhe same product and servoce is manufactured. We don't take into consideration the influence of supply and demand ib the prices on a global scale. Essentially this is where precious metals start.

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November 27, 2018, 05:23:28 AM
 #385

from the past until now the value of bitcoin cannot be determined and ascertained because it has become the nature of the crypto currency and one of the risks in investing with crypto currencies is that we cannot ascertain the value or price of the currency

The risk that you have to experience with decreasing or rising Bitcoin prices every day and you are experiencing a loss if you have invested a large amount of Bitcoin. All coins feel the same as the decline that occurred this year and hopefully next year will have better prices.
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