warrior.coins22
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November 07, 2018, 06:25:18 PM |
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To this day the price of bitcoin continues to hold around $ 6500. And that has happened in the last few months, I hope many people make bitcoin requests, so the price will rise. At least the ideal bitcoin is priced at $ 15k. Only hope to welcome this end of 2018.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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Andres8a
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November 07, 2018, 06:30:00 PM |
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Bitcoin price is determined by same way fiat currency is determine in forex market
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Rory Kylo
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November 07, 2018, 06:46:15 PM |
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In the past time, we have witnessed a process where bitcoin's price has not fluctuated significantly. That may make the market not hot and many investors are worried whether they can lose more or not.
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culuuton
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November 07, 2018, 07:00:25 PM |
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Bitcoin prices are getting better as Bitcoin is reaching $ 6,538 this price today. I think will change in the next few days and Bitcoin can hit $ 8,000 in late November. Good news from the community which it makes Bitcoins become more alive at the end of the year.
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sfr2017
Full Member
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Activity: 286
Merit: 100
Football Marketplace Powered by the Blockchain
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November 07, 2018, 07:46:09 PM |
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Bitcoin price this days in Crypto markets are seeing some stability today, with most major coins seeing only minor ups and downs.
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Coroline
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November 07, 2018, 07:51:55 PM |
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Bitcoin started out as a small project and a small network. What is really hard to understand is how these "Coins" was even worth 1$? How can something have a value when it is not real? How has the price hit 6500$ i mean who decides the price of these coins?
all of that because the large volume of demand will make the coin price high, and you can see the total capacity of bitcoin at this time is very large and that is what makes high bitcoin prices |
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adzino
Copper Member
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Activity: 2968
Merit: 574
www.Crypto.Games: Multiple coins, multiple games
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November 07, 2018, 08:05:03 PM |
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Before asking this question, have you ever gave a thought if the fiat currencies are backed by anything? If not then how is the value determined? The value of fiat money comes up because of supply and demand relationship. Since it is not backed by any kind of physical commodity like gold, if people loses faith on fiat currency, then the paper notes will become worthless. Same thing goes for bitcoin. The value is derived because of supply and demand. The value will exist as long as people have faith on it.
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Udrujec
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November 07, 2018, 09:11:49 PM |
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It's very simple - the price of bitcoin is determined by investors themselves. The more people invest their money in it, the more people believe in it - the higher the price it becomes.
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bloodyvio
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November 07, 2018, 09:19:10 PM |
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Bitcoin started out as a small project and a small network. What is really hard to understand is how these "Coins" was even worth 1$? How can something have a value when it is not real? How has the price hit 6500$ i mean who decides the price of these coins?
bitcoin has value because to run a network or mining requires electricity and equipment bitcoin prices can touch $ 6.5xx and ATH $ 19, xxx because bitcoin has a limited supply and bitcoin has many advantages as a currency so no one can decides the price of bitcoin or cryptocurrency it all depends on demand |
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tiktak89
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Activity: 364
Merit: 10
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November 07, 2018, 09:41:46 PM |
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The price of bitcoin is influenced by many factors - its relevance in the world, how many people invest in it and use it, prohibitions or permits of different countries for its implementation. All this is the development of prices and fluctuations up and down.
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Pyr3x
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November 07, 2018, 09:51:57 PM |
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The most important thing that has a serious impact on the price of bitcoin is how many people are willing to believe in it and invest their money. And also the people who sell it. Both of these nuances determine the current price of bitcoin.
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Smon
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Activity: 271
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November 08, 2018, 06:31:36 AM |
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Some trusted sources like bitcointalk have asserted that bitcoins will show signs of improvement later this year or early 2019 in general will not be ascertained. But I was well prepared for the price of bitcoin to increase. Do you believe me?  |
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tytanhamon04
Jr. Member
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Activity: 210
Merit: 1
A nexgen decentralized ride hailing
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November 08, 2018, 11:11:26 AM |
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I think that the popularity of bitcoin has become after the Internet has become an integral part of our world and almost everyone can use it. With the development of the Internet came to us bitcoin. The price depends on how the governments of the world support it and how much people begin to trust this technology.
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DRIFE ●●
█ NEXGEN DECENTRALIZED RIDE HAILING PLATFORM █
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peter0425
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November 08, 2018, 11:32:18 AM |
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Bitcoin started out as a small project and a small network. What is really hard to understand is how these "Coins" was even worth 1$? How can something have a value when it is not real? How has the price hit 6500$ i mean who decides the price of these coins?
I don't think that it started as a small project by Satoshi. As far as I know, there are old forum is sourceforge meaning he knows what his doing and his project can have a dramatic impact. As for the price, its based on supply and demand, so obviously if there are more demanded then the price will go up there's nothing magical about it. Satoshi envisioned it as a form of micro payment scheme, so definitely it could have values from $1 to $100k. |
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- ESPERS -
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November 08, 2018, 12:07:56 PM |
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Bitcoin has no value, but users have agreed to give Bitcoin value. With demand and supply, the price will appear and give the correct value, bitcoin has a high value, with many demands. If the demand is high, Bitcoin's price will increase. Let's hope that in the future, other coins will rise to a level of gold, as Bitcoin did, starting from a simple concept.
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