What is a bitcoin REALLY worth?

[Maureenjoy]

For me bitcoin is worth quite a bit. People who invest will help the growth and have a higher value in the market. The price of bitcoin differs to the people who trade or invest from it. The more people who join it the more value of bitcoin will apreciate.

[Mjeramirez]

The worth of bitcoin, just like any other product is determined by the law of supply and demand. Bitcoin has a fix supply of just 21 million, its current demand is just about 2.5 million and the current price per btc is at $11k. Considering all of this data and factoring it with an expected market of bitcoin in 5 years, lets just say 25 million costumers then we can get a projected value of around $110k per bitcoin.

[iluvbtc]

Bitcoin and all currencies are worth whatever people are willing to pay for it, the free market demand.

[nagatraju]

bitcoin is first and foremost an excellent technology...also these are assets that can be earned...I'm not sure that bitcoin itself will live long, but technology is accurate...therefore it is necessary to use it and use for its own sake and the good of others so as much as possible

[BlasterS]

In my experience, yes investing in bitcoin is really worth it. The company of bitcoin will provides you a high level of assurance that your money is in the good hands. Furthermore they will give you more options to earn money and high yield of interest that will accumulate a huge amount of return on income in just short period of time.

[gribble]

In my experience, yes investing in bitcoin is really worth it. The company of bitcoin will provides you a high level of assurance that your money is in the good hands. Furthermore they will give you more options to earn money and high yield of interest that will accumulate a huge amount of return on income in just short period of time.

Yes investing in bitcoin is really worth and it can be done by personal investors not institutions investors only that must use large of money for investing, although in my personal opinions will be better to be personal investors that do purchasing the bitcoin by our selves than use companies service due to we can take full of control on our bitcoin without third party, bitcoin is new model instrument of investment doesn't need third party, bitcoin is not like stocks markets must be managed by companies.

[mustangtartlet]

The value of bitcoins are only really determined by the number of people who are determined to have it. The more backed up it is the higher the value it would be.

[kpcian]

Why not? you have to look around and justify the credibility of the Bitcoin at every corner of the world. day by day Bitcoin is becoming a popular and profitable currency in the virtual world, not only that but also Bitcoin is the mother of the cryptocurrency platform so that Bitcoin has been considered as a pioneer of this system.
I believe that Bitcoin is one of the worth payment systems, because of it doesn't require any special information, extra fee and hassle free transaction. so it's has become a popular currency in the virtual world.

[caloy06]

Worth of bitcoin is helps me and every one to earn much money and bitcoin is a symbol of a easy way to earn money and it will change the economy with low rates of economy.The bitcoin is a great opportunity for people like me and other people who know it to earn a huge amount of money.Bitcoin worth is granted by God for us to gather and to work on this matter to get out of the hardships of life. This is the great grace of the lord.

[abhishek273b]

Bitcoin doesnt have a price stability it depends on the movement of the market 

[Kotone]

I see the whole thing that has been going on all year with the price of bitcoin, and how it was from way back when it started.

And I have to wonder, when will it end?  Will it keep going up and up, will it level off, or will it just one day suddenly crash and burn like HilLIARy Clinton on election day 11/8/16?

What sets the price?  How do we determine the price?  As near as I can tell, we get our belief of price from the exchanges.  The exchanges say a btc was worth 3000 last month, 5000 last week, 7000 today, etc, and we all just blindly go along with it and base our transactions off of that.  That's how many US Dollars you can get for a bitcoin, and really, what else matters?  Btc could be a million dollars or ONE DOLLAR tomorrow, and everyone would just be going "well, that's the exchange price".  And if that's the amount of money you can convert your bitcoins to dollars for, then that is it.  The exchange won't give you more.  A private buyer you meet in person won't give you more.

With institutional money, bitcoin futures, and hedge funds starting to invest in bitcoin, I think that'll bring more stability and a future to high bitcoin prices.  But we are still dealing with an intangible asset that exists only in computers, so there's no real reason to support these high prices other than "Well, that's what you can buy them for on the exchanges".  Or "That's what the futures market / hedge fund prices them at".  It is BELIEF of the price, and nothing else.  At least with a bar of gold, you can do something with it, no matter what its price is.

Will btc be around for a long time at big money, or will they be the Beanie Babies of 2018?

Will Antminer S9's still be sold on ebay for over $3000 by greedy bastards who were able to place large orders with Bitmain and are now simply reselling them for sheer profit?  Or will used S9's be going for $300 a year from now?

It seems that most of you don't remember me, or were not here in 2013 / 2014.  I repeatedly warned people over and over not to buy ASICs based on the btc price at the time.  And I was 100% correct in my assertions.  And even in 2015 - 2016, I was still correct that ASICs were a bad investment.  It was only with the huge rise in bitcoin prices this year that significant profits could finally be made, but where and when will it end?  Banks are beginning to understand the concept of the blockchain and how it can make their transactions more secure, but that means nothing for the price of bitcoin or any other coin.  Banks don't need any coin to be successful to implement the blockchain idea in their own transaction histories.

People say that bitcoin can replace cash.  Well, I wouldn't go that far.  I see bitcoin as a way to get more money, more US Dollars.  True, a piece of paper may not have much other than the US government backing it, but that's better than a group of coin exchanges, mostly based in other countries saying what my coins are worth.  Gemini is the only licensed, regulated, US based exchange that I would trust.

So what's in store for bitcoin prices in 2018?  And the question that should be placed above all others is, "How much money can I (and I mean ME, not you) get out of bitcoin?".

IF you are talking about what is bitcoin worth now they you can pretty much look it up, however if you are asking for its worth on a day to day basis or on whatever tmrframe that would be impossible as cryptocurrency or bitcoin has no price stability

[zhekinsp]

Really no one can answer this question,because no one knows what is the maximum price of bitcoin and when it will reach bitcoin.The price of bitcoin is based on the supply and demand if demand gets increases the price will increases.But today the value of bitcoin is worth $20K,if you want to buy today you have to pay that amount,everyone hoping that bitcoin price will increase more so they want to hold more bitcoins so keep buying their bitcoins.

[novhitadaloma]

Bitcoin is a digital currency in which investors and bitcoin users are now investing in bitcoins and have made an income so that bitcoin is very valuable to me.
 

[Cammo01]

It's great investment at the moment- probably the best in the world. I just hope it's not the myspace of the Facebook world!

[gentlemand]

There's a more important question to me - how many people will want to get involved in Bitcoin? I believe a lot more than there are now and that's the arbiter of Bitcoin's value. We won't know what it's worth until the majority of them are involved.

[reronggo]

it depends on the people, if people who don't know about bitcoin, it will not be worth, if the people who has purpose to earn bitcoin, ofcourse it will be worth. but i don't know what worth do you mean, if you mean worth is price, now the bitcoin worth above $19000.

[EmJay]

bitcoin is worth investing for. it is worth like a job because in a your job you havr a fixed monthly salary while in bitcoin you don't have a fixed monthly salary but you can earn bigtime.more than the salary you have in a month sometimes. bitcoin can be a long term investment in which you can use in the future.

[Akash1243]

Bitcoin's price is dependent upon the demand of them from the people higher the demand higher would be the price.And now that bitcoins are getting popular more and more people are trying to invest in bitcoins making the price high.So there is no exact value of bitcoins higher the people are willing to pay higher the price would be if people lost interest in them and stop investing or using them bitcoins will drop hard therefore it only depend upon the demand.

[Cammo01]

A bitcoin is worth the same as anything else in the world- whatever someone is willing to pay for it!

[mustakforum]

I do not think bitcoin is like gold if you can move bitcoin anywhere in the world more and more people use bitcoin for shipment, the more valuable anyway.