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Author Topic: What is the intrinsic value of Bitcoin?  (Read 371 times)
chienmluc2 (OP)
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August 15, 2018, 01:17:16 PM
 #1

" intrinsic value is a widely used concept, especially in the financial field. There are different views on this concept. The intrinsic value can be interpreted as the true value of a security, which is different from the market value or book value of that security. The intrinsic value includes other variables such as trademarks, trademarks, copyrights, etc. These variables are difficult to quantify and sometimes not accurately reflected in market prices. "

What is the intrinsic value of Bitcoin?
"In a nutshell, the network works like a distributed timestamp server, stamping the first transaction to spend a coin. It takes advantage of the nature of information being easy to spread but hard to stifle." -- Satoshi
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Ikingpain
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August 15, 2018, 01:29:08 PM
 #2

I think that intrinsic value of bitcoin is the belief of people in the blockchain technology . I do not think that there is something that can be called intrinsic value of bitcoin officially.
StGermain
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August 15, 2018, 05:49:00 PM
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I think that intrinsic value of bitcoin is the belief of people in the blockchain technology . I do not think that there is something that can be called intrinsic value of bitcoin officially.

There is no base value for bitcoin, just as there is no base value for fiat. If everyone started not using euros they would be worth nothing. Perhaps you could consider a network value for bitcoin.

kipozer
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August 15, 2018, 05:52:22 PM
 #4

For a long time I have not seen such questions, which really were made and written on the case. I think that in general it depends on how you generally feel about the crypto-currencies, the value is that you do not need anything for reporting, it was designed that way.
sinachy
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August 19, 2018, 09:03:29 PM
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In my own opinion i don't think that rule applies when it comes to crypto market and bitcoin because this is a free market price, any one can sell at any given price he wants, so the value of bitcoin basically depends on the demand and supply. 
iamreal
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August 19, 2018, 11:42:42 PM
 #6

The intrinsic value of Bitcoin is  the larger demand and supply of bitcoin, bitcoin is recognized almost world wide and most countries has started adopting bitcoin as a recognized form of payment for good and services
johanesrobin
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August 19, 2018, 11:49:13 PM
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I agree more if bitcoin is determined by requests and offers.
its intrinsic value is attached to the trust of the user community. if this is lost then bitcoin is destroyed and abandoned.
rahimali
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August 20, 2018, 07:21:03 PM
 #8

I surmise that the intrinsic value of bitcoin is the conviction of individuals in the blockchain innovation. I don't feel that there is something that can be called intrinsic value of bitcoin formally. This is so fluctuating and basically depends on the supply and demand for coins.
Brianlee0112
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August 21, 2018, 02:47:54 AM
 #9

In case of Bitcoin the intrinsic value and the market value is the same. Because, the intrinsic value usually indicates that what customers think of a company, share or stock's value compared to what it's market value actually is. But, for Bitcoin whatever the sellers perceive the value to be, it is sold for the same value in the market by them and bought by others.
blacknight789
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August 21, 2018, 08:27:09 AM
 #10

I think that in general, it depends on how you generally feel about the crypto-currencies, the value is that you do not need anything for reporting, it was designed that way.
bitcoinhunter888
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August 21, 2018, 08:33:32 AM
 #11

I think there is no proper intrinsic value of any currencies. The market can be changed anytime following any trouble. So I believe Bitcoin has not got any intrinsic value that can be described
palle11
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August 21, 2018, 08:42:27 AM
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If there will be something classified as intrinsic value of bitcoin. I believe it to be what the people think about it. The people believe in bitcoin and blockchain technology.
LinkinPrak852
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August 21, 2018, 08:59:28 AM
 #13

I don’t know the proper intrinsic value or the true value of Bitcoin. But maybe the blockchain network can be considered as its intrinsic value. Because it holds the core of BItcoin I believe
BitcoinMaster555
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August 21, 2018, 09:30:58 AM
 #14

Well considering the definition of intrinsic value I would say Bitcoin hasn’t reached that position to earn an intrinsic value. Its network or its investors or its reaching can be considered as its intrinsic value
moeth
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August 21, 2018, 09:35:20 AM
 #15

" intrinsic value is a widely used concept, especially in the financial field. There are different views on this concept. The intrinsic value can be interpreted as the true value of a security, which is different from the market value or book value of that security. The intrinsic value includes other variables such as trademarks, trademarks, copyrights, etc. These variables are difficult to quantify and sometimes not accurately reflected in market prices. "

What is the intrinsic value of Bitcoin?
The concept of value is actually a very broad definition.When we want to find the value of a thing, we need to consider it in many ways. As far as BTC is concerned, I think its greatest value is to promote the development of the whole human race and improve the speed of human development. I think this has already had very, very great value.
mindrust
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August 21, 2018, 09:40:36 AM
 #16

For me it is the tech that devs bring on to the table. Many people think bitcoin is worthless because it is open source and can be copied by others immediately but they forget something. Bitcoin is gets upgrades constantly. Bug fixes, new technologies, offchain payments... The dev power behind bitcoin is definitely the most powerful.

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SparklesCoin
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August 21, 2018, 10:34:18 AM
 #17

I think the intrinsic value of bitcoin will depend largely on its utility and acceptance by the people who are using it. BTC wouldn’t have any value, if it hasn’t been able to facilitate its user with some service.
GreenInformation547
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August 21, 2018, 01:44:44 PM
 #18

I think there is no right based on intrinsic value for BTC. Also people trust Blockchain tech as well as serve the intrinsic value.
rudito
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August 21, 2018, 01:50:53 PM
 #19

" intrinsic value is a widely used concept, especially in the financial field. There are different views on this concept. The intrinsic value can be interpreted as the true value of a security, which is different from the market value or book value of that security. The intrinsic value includes other variables such as trademarks, trademarks, copyrights, etc. These variables are difficult to quantify and sometimes not accurately reflected in market prices. "

What is the intrinsic value of Bitcoin?

I think the intrinsic value is bitcoin technology itself. Bitcoin is becoming big, becoming famous as it is now because of the technology carried by bitcoin.
vKedax
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August 21, 2018, 04:26:26 PM
 #20

People always want to have something valuable, for some it will be gold, for another Bitcoin. The more people in the world are lighting up the idea of getting Bitcoin, the higher is its value.

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