Bitcoin value

[Kiss me]

In world every thing has value. Value decide by its demand and supply. Value can be different of same kind of product. Like gold and silver. Both are metal. Gold have much value and silver has less value. This is depends on demand and supply. Bitcoin has limited supply and its demand is more accross the world. So it has much value. But value is not permanent everytime. This can rise or fall till zero.

I think this is the fact that bitcoin is a decentralized and censoring currency that makes them want to buy more (create demand) and that demand increases the price.
it is true but also misleading because it is incomplete.
people do not just randomly decide which bitcoin has value. this has some fundamental reasons. otherwise, many other things like salt granules will also be worth $ 20,000 for example!
it is a bitcoin utility that gives people a reason to assign value to bitcoin.

[SMD.Shuvo]

Bitcoin quality is very good. Bitcoin is the king of all coins. Its price is very high. It's worth the whole life.

[Inikoo]

People, trading with Bitcoin can decide, how much they are ready to pay for a Bitcoin, and what the price they would sell it for. This is the basic thing determining the Bitcoin price, and this comes from the nature of a decentralization.

[DimensionsOfHell]

Crypto currency is a new revolutionary type of money. Like any other currency or unit of account, it has value only because people believe that it has value in the form of a unit of exchange. Some money is provided with gold or other precious metals, others are not supported, although they are of value, because people attach importance to them and use them as a unit of exchange. Crypto-currencies have been developed as a unit of exchange and as a place to store assets that are not dependent on central banks.

[Minionnn]

bitcoin was created and developed for 10 years. More and more people invest in bitcoin. Bitcoin's technology is modern and growing. At present, the price of bitcoin is very high.

[mrben77]

There is no rational way to help determine the real value of bitcoins. In addition, the measurement of value based on the indicators of the circulation of bitcoins is in itself wrong, because there is no circulation, and all transactions occur because money already has some value for people. And the frequency of circulation does not depend on the total stock of the currency. Bitcoins are often traded only by the fact that there is such an opportunity. Gold is not sold so often, but it is estimated much more.

[coin_maker]

Actually it is not a fiat money, as it is a crypto-currency its value actually depends on its demand and supply. It is not stable, its value raises up and some times decreases.

[Cryptoproff]

Bitcoine realy has value. Bitcoine being valuable because people do entirely value it as a currency or as an asset for investment which depends on how people perceive bitcoins worth's and value to come to existence.

[passioncrypto]

It is the most popular crypto currency. Its supply is limited but demand is so high. So, the value always goes ups and down. But most of the time it goes up. Its value is raising in a good range. And people are investing so much on it. So, the value depends on the supply and demand.

[judel_2018]

I've just watched the John Oliver show about cryptocurrencies and something struck me about what he said:

 " like most currencies, the fundamental reason that bitcoin has value is that people agree that it has value"

I just want to know your thoughts on this. I only have a little understanding about the idea of currency and its value although i've already been at it all my life. Im new into this kind currency and right now its plumetting.

It is not that simple but like everything in the world, all bought and sold in the market are given value by the law of supply and demand. It is the market that decides if something has value and how much.

A good example is gold. The value it has today is because of the price the people are willing to buy it for. But trap those same people in a desert and sell them water or gold, then I believe water would be more in demand, making it more "valuable".

For those people who have bitcoin it give value because Bitcoin can help their needs of our children because they can give and earn more profit and used for the future.

[South Park]

That is why the price is so unstable, it is very dependent on investors. And I don't know if bitcoin is backed by anything else.

Bitcoin is not backed by anything like fiat currencies but the main difference of bitcoin with fiat has to do with the limit of the coins, governments can print as much fiat as they want but with bitcoin this is simply not possible and in fact the rate at which miners can create bitcoins is diminishing thanks to the halving implemented by satoshi in bitcoin, this makes bitcoin a lot better than fiat.

[ridobtc]

benarkah bitcoin bisa sampai ke 5K ditahun 2019 admin

[bonballi]

Statistics of earlier of 2017 and end of 2017 and now. All these proves its value is increasing in a great progress. Its value is much more than any metal or any fiat currency. It is in the top of all crypto currency and in the view of value , it is in the top of all metal and currencies.

[Dele2018]

Just like John oliver said bitcoin has value because agree that it has value and the more people believe it has value the more buy into it which will only increase its value,which is simple logic.

[Jejak]

I believe the people in the cryptocurrency community were actually the ones put value on bitcoin. However, due to it's volatility, bitcoin is susceptible to fluctuations either be going up trend or down trend. In my opinion, due to high demand and limited circulating supply of bitcoin makes it more valuable. Bitcoin have different value all the time and not only bitcoin different coins have value. Bitcoin price are down and up every second so the value of bitcoin is not permanent its gonna be up and down.

[mrtryonebiggums]

Either supply and demand provides the value or the electricity spent creating a Bitcoin. Pick or choose but you do have a way of determining value, and those are two of the most prominent ways, there are other ways to determine value as well.

[teejayrichard2]

in a way it is true, bitcoin has a value because people agree it has a value. also another important factor that influences the price of bitcoin is demand and supply..normally when demand is high, surely price pumps up.

[boyjack]

We can not predict the bitcoin value, Bitcoin have great future and if you are mining bitcoin it will be depends upon your electricity charges and computer hard disk, I think the better way to invest buy bitcoin from exchange and keep it in wallet, Bitcoin's market trading is very manipulated because now days more peoples are interesting in bitcoin, value can change every time, so bitcoin is good value

[frits96]

It has value its because it's used by a lot of people, so when something has become popular and easy to use it becomes valuable.

[extrimals]

Bitcoin is pulsing quite fast in price and it is also quite unstable compared to its competitors. At this point, he loses n yet he remains with a very high price so many are invested.