Bitcoin value

[killat]

You need to buy low to sell high. That's how the market works. If the value stayed at 20K, there would be no upside momentum left and no balance between demand and supply. So it was crucial for the price to fall before rising again. The problem with BTC specifically, is that it can take a year before that process unfolds, so everyone has to be super patient.

[mastery.jimmy]

The value of bitcoin will keep appreciating as far as there are more people adopting it. users because of the economic bitcoin and financial users it can be all-sufficient and can buy the goods he wants too.

[nvt2511]

They said prices tend to rise when viral news spread from one buyer to another, transmitted by word-of-mouth between friends – especially to those with a “fear of missing out” on a chance to get rich quick. The rate of new entrants to the market helps to set prices, while more people losing money will lead to immunity.

[Bibi shop]

From my personal point of view, the value of Bitcoin fluctuates or decreases unpredictably. It depends on the user of bitcoin on how it will be supply to the people and also demand can affect the price of the so called bitcoin.

[mahibul49]

bitcoin will rise but currently its a bear market and less buyer but huge seller but soon big investor will invest in btc and definately btc bull run coming soon

[sarjilcse]

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.

Well, i think As the bitcoin is becoming more famous and popular day by day and the demand is going higher as the demand is increasing and the more people are investing their money in the bitcoin the is obviously increasing and use it as a benefit for them.

[znakistu]

many are wondering how to determine the value of bitcoin as a financial unit. but I will say in another way: the value of bitcoin can be perceived as a collectible. You can also consider the option, if you want, you can buy a collectible.

[joy99]

Cryptocurrency value is as a results of speculation so is bitcoin. Everything can turn 1$ in just a minute so put that in mind.
Always remember the price will not be permanent so take away your profits when ever your reach your target even if you are thinking you can get more than that profit.

[Mazda17]

The thing is bitcoin value will increase with time, because of limited supply and harder and harder mining conditions, more and more electricity will be used.

A good opinion and I like your opinion.
It is true that bitcoin values will increase over time with the support and enthusiasm of all of us to fight for the value of bitcoin to increase so that we can benefit and our condition is getting better.
There is usually a peer-to-peer problem that even endorses sophisticated tools to keep bitcoin alive.

[jikurpa]

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 true your opinion bitcoin valuable because the investors themselves something that we are from us and by us so until now even the price can not be stable is one of the risks

[kotulo]

What makes people most afraid is that btc has no authority. They feel unprotected when using it. But until now btc has proved to be formidable.
If the bitcoin value is fixed, you will not receive a profit because no one is buying and selling

[jamisky]

The value of bitcoin is not fixed it is determined by various factors such as time condition of the market and many more.  Because bitcoin and unstable makes it more interesting for trading you forcasted the future value buy or sell at your discretion.

[Hua cuong]

The reason bitcoin has value is because a lot if people support it and it has helped to solve online payment. You can now buy from some online shops using bitcoin.

[Dne work]

Yes everything has value because people agree so. The same applies to fiat. In reality, fiat is just a piece of paper and we all agree that it has value. The only difference between fiat and Bitcoin as well. People can use tokens to transfer values globally, because tokens have a perceived value that is determined by supply and demand on the open market.

Bitcoin has value because it is as valuable as money. Bitcoin has properties of money based on mathematical formulas rather than based on physical form or belief on the center. The value of bitcoin comes only from people who are willing to accept it as a means of payment.

[handsomes]

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.

The bitcoin is a currency the value is increasing and decreasing it because of the transaction nit fixed everyday it can change the bitcoin now is 364kpesos when converted into USD the value is $6092 so its down.

[Mazda17]

Bitcoin value may go up and down but still it is already proven and bitcoin has its own standing in the market. Bitcoin continues to develop and many people now are into Bitcoin because they believe in its value.

A good opinion and I like your opinion.
Every life and business there must be ups and downs where the market is up and down because at that time bitcoin can turn the problem into a force for the future to see the high bitcoin value in the market so I'm sure many people like bitcoin because they already feel bitcoin has value good and strong for the future.

[kingkongcorp]

yes bitcoin can have value because many support bitcoin and many people use bitcoin so it is arguably bitcoin has value because many support and many people also use bitcoin to become investment tool

[arya123210]

yes a lot of people who prefer bitcoin to be an investment tool and in my opinion many ways that can make bitcoin can have value so in my opinion many ways for bitcoin can have a very high value until now

[nurbay]

Yes, Bitcoin is valuable because many people think that Bitcoin has a high value.
That assumption feels right because once Bitcoin did not have a price and started to have a low price value.
But over time running to make Bitcoin prices become high because Bitcoin is in demand by many people and its numbers are limited.

[Ambrosius]

Yes it is true and I agree on that. Bitcoin has value because people agree that it is worth. People believe that bitcoin has value, certainly there is something underlying that belief. One of them bitcoin has limited stock and easy transactions.