Bitcoin is not intended to be a stock. Blockchain has nothing to do with price

[TimeBits]

then how we supposed going to measure bitcoin value then?

Time(Duration), Work(TIME), Goods and Services (CAN BE CONVERTED TO TIME)

Time Banking https://www.youtube.com/watch?v=aB8ifVJ34JU
https://www.youtube.com/watch?v=k0Flh6cuuWs

Time Is Money -Benjamin Franklin

[Alpinat]

Some of the experts says that bitcoin is a digital asset and some said that it is digital gold which can hold and make profit on it, but not all of us. Some of the people including me just following the value trend of bitcoin but doesn't forget the idea of bitcoin and the future currency can be it. People/investors/traders are the main cause of why bitcoin inflates.

[jonas5222000]

Yes it was fundamentally flawed by many people that it was only a scheme of scam ,but now look at itself it was totally improved and getting succesful and most of the country now was recognizing it for payment method/system and also investing.

[TheUltraElite]

Yes it was fundamentally flawed by many people that it was only a scheme of scam ,

Fundamentally called scam by brain dead idiots brainwashed by government propaganda against crypto. They were not even given the time or the proper knowledge to learn about crypto and its usage. Since we as humans tend to call things those are not reachable by us as "bad" - this idea came up and became popular in the internet. What is true was far from it.

but now look at itself it was totally improved and getting successful and most of the country now was recognizing it for payment method/system and also investing.

In a few countries crypto was made "the" mode of payment but this wasnt the way for bitcoin. Instead they created altcoins for their own country. I do not support this idea because with a altcoin controlling a countries economy a lot of problems can arise.

[Johnzky]

Guys, Bitcoin is fundamentally flawed, we all know this yet we keep focusing on the price. Bitcoin was intended to be a p2p, cutting out the middle man, yet we treat it like a stock. If Bitcoin were to be a reporting company by god knows how, it'd have to file for reports, 10k's,  quarterly, anually, the whole 9 if you're familiar with the financial realm.
Bitcoin is not a fraud, it's the individuals (smart money/wall st) manipulating it for the greed of money.

But how can you expect us to use bitcoin as the trend being settled here for 10 year Since?From the beginning bitcoin has been for holding and this made people turns to becoming millionaires so people here also believe that in future they will be like them.so just use your bitcoin and I will hold mine

[AjithBtc]

Yes it was fundamentally flawed by many people that it was only a scheme of scam ,but now look at itself it was totally improved and getting succesful and most of the country now was recognizing it for payment method/system and also investing.

Just because it's been given importance as a stock that eliminate the intermediary we cannot term it has got flawed. Everything at the beginning will be different and further when continuous growth and usage takes place it gets taken to different dimensions. This is where we've got it to be payment method and on different needs.

[Eraldo Coil]

Guys, Bitcoin is fundamentally flawed, we all know this yet we keep focusing on the price. Bitcoin was intended to be a p2p, cutting out the middle man, yet we treat it like a stock. If Bitcoin were to be a reporting company by god knows how, it'd have to file for reports, 10k's,  quarterly, anually, the whole 9 if you're familiar with the financial realm.
Bitcoin is not a fraud, it's the individuals (smart money/wall st) manipulating it for the greed of money.

We know that it is not intended to be a stock. But it has a huge value because of the huge price. And I don't we can just ignore the price just because it was intended to be a p2p. And yes, speaking of frauds, I think we should be researching to reduce that kinds of problems since it is really hard to deal with fraud.

[okala]

You are right bitcoin can never be a fraud and the only value it has is with the individuals in the market and this individuals some time manipulate the market and turn it what ever way they like. The big bag holders inject huge amount into the market to influence the market to they own advantage.

[TheUltraElite]

You are right bitcoin can never be a fraud and the only value it has is with the individuals in the market and this individuals some time manipulate the market and turn it what ever way they like. The big bag holders inject huge amount into the market to influence the market to they own advantage.

The fraud in bitcoin is the same as fraud in fiat. People use the term in a different way. Before bitcoin was being used, fiat was used to fraud people. The methods remain same but the mode just changes with time. Now people are being fooled by the same method  but a different mode that is bitcoin. Same old scare tactics or phishing tactics to scam people like we always see.

Talking about price manipulation though, we cannot do anything about that since the market is not regulated by anybody. While trading should be done cautiously, still losses are possible and those are market risks - that you agreed to before you started trading.

[Marry Finch]

Bitcoin really exists on the belief of people in its prospects. Its price, as well as the entire decentralized cryptocurrency, depends only on the ratio of supply and demand for it. Therefore, he has such a large price volatility. In a very short time, it can rise significantly in price or descend just as sharply. Therefore, externally, Bitcoin resembles a financial bubble. For the same reason, it is unlikely to reach too large price values. Here ordinary human weaknesses will always work - fear for their investments, emotionality in decision-making and eternal human greed.

[bhabygrim]

Guys, Bitcoin is fundamentally flawed, we all know this yet we keep focusing on the price. Bitcoin was intended to be a p2p, cutting out the middle man, yet we treat it like a stock. If Bitcoin were to be a reporting company by god knows how, it'd have to file for reports, 10k's,  quarterly, anually, the whole 9 if you're familiar with the financial realm.
Bitcoin is not a fraud, it's the individuals (smart money/wall st) manipulating it for the greed of money.

Sad but true,Most of us see it as a stock and only use crypto as an investment.
They forget what it is made for and doesn't want to use it as a payment method.
And I agree Bitcoin isn't a fraud it is the person who use's it .

[alina345]

Bitcoin is a store of value and should be treated as such. Since Bitcoin has no stakeholder, only developers, it would not be valued based on a "business" but moreso based on basic supply and demand of Bitcoin itself. If you understand the concept of Gold as a store of value and its value over the millennia, then understand that Bitcoin is more or less a digital version of gold.

[imstillthebest]

Bitcoin is a store of value and should be treated as such. Since Bitcoin has no stakeholder, only developers, it would not be valued based on a "business" but moreso based on basic supply and demand of Bitcoin itself. If you understand the concept of Gold as a store of value and its value over the millennia, then understand that Bitcoin is more or less a digital version of gold.

That is what they say .  bitcoin is a digital gold because gold and bitcoin have some simillarities  the only difference is bitcoin dont exist in a real world .

 by this , bitcoin can be a store of value but it can also be used a a currency for paying and buying   . idk what stakeholder means but every people can invest on it , i think thats also simillar  .

 blockchain has nothing to do with the price because its only a technology but bitcoin can be consider as a stock because we can invest on it .

[Woodie]

If you expect people from all over the world to use bitcoin and have  different beliefs,professions and everything, then btc can not be confined to be a p2p solution only, the bearer has the right to treat it however the like, can be stock, can be digital gold the choice is unlimited.

[Herbert2020]

there is nothing wrong with people having different views towards bitcoin, even if they only want to make money from its rise and falls and nothing else. that is the whole purpose of bitcoin to be non-restrictive. but the problem is when they try to brand bitcoin with a certain thing they think is true like "store of value only". that is when they start breaking things apart.

[Argoo]

Bitcoin is a store of value and should be treated as such. Since Bitcoin has no stakeholder, only developers, it would not be valued based on a "business" but moreso based on basic supply and demand of Bitcoin itself. If you understand the concept of Gold as a store of value and its value over the millennia, then understand that Bitcoin is more or less a digital version of gold.

Bitcoin cannot be considered a reliable repository of value due to its high level of price volatility. A good example of this is investing in Bitcoin at the end of 2017. Investing at this time led to a decrease in the price of bitcoin by 70 percent. A reliable repository of value then disappeared and did not appear until today.

[pushups44]

Guys, Bitcoin is fundamentally flawed, we all know this yet we keep focusing on the price. Bitcoin was intended to be a p2p, cutting out the middle man, yet we treat it like a stock. If Bitcoin were to be a reporting company by god knows how, it'd have to file for reports, 10k's,  quarterly, anually, the whole 9 if you're familiar with the financial realm.
Bitcoin is not a fraud, it's the individuals (smart money/wall st) manipulating it for the greed of money.

Just because bitcoin is not a stock does not mean there can't be metrics to measure its value. The fact is its transaction volume keeps growing and it's finite or scarce. The argument that bitcoin should have a market cap comparable to gold is thus sound.

[TheUltraElite]

there is nothing wrong with people having different views towards bitcoin, even if they only want to make money from its rise and falls and nothing else. that is the whole purpose of bitcoin to be non-restrictive. but the problem is when they try to brand bitcoin with a certain thing they think is true like "store of value only". that is when they start breaking things apart.

In that sense the term store of value is being wrongly used by certain people who tend to think such. Bitcoin or any other speculative asset can never be a good storage of money. Its something that can be used for trading, maybe storing temporarily unless sold or bought again.

For that you would prefer to keep the money in a bank even if that seems opposite of what this forum is for. It is the truth. Even stablecoins are just big ponzis running around trying to keep the inflation in their currency under control. They would collapse anytime, but not anytime soon as long as a koolaid drinking crew is there to pump them up.

[niisarearning]

Guys, Bitcoin is fundamentally flawed, we all know this yet we keep focusing on the price. Bitcoin was intended to be a p2p, cutting out the middle man, yet we treat it like a stock. If Bitcoin were to be a reporting company by god knows how, it'd have to file for reports, 10k's,  quarterly, anually, the whole 9 if you're familiar with the financial realm.
Bitcoin is not a fraud, it's the individuals (smart money/wall st) manipulating it for the greed of money.

Whatever we say people using bitcoin for their greed including ME . More over currency it became the stock . I am holding some of the bitcoin form long time even lots of community members and traders out here . No matter what we can say bitcoin still store of value . Hodl is meant to Stock i think.

[sehoon]

It's not that bitcoin is not intended to be a stock. It just depends on how the person is going to use it. And most of us here knows that blockchain has nothing to do with the price because it is a "technology". Bitcoin is not intended to be a stock is your perspective about it. Some people use it like stocks because it is volatile and can earn money from it.