What is the real value of bitcoin and cryptocurrency

[Ucy]

I think the price is determined by simple demand and supply.  Scarcity also plays an important role.
I understand your point though. I kind of suspect that bitcoin/crypto has an advantage over others due to early adopters & believers holding large amounts of coins unlike the case of governments holding much of gold supply for example which makes the price easy to manipulate.

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[awik p]

I think the price is determined by simple demand and supply.  Scarcity also plays an important role.
I understand your point though. I kind of suspect that bitcoin/crypto has an advantage over others due to early adopters & believers holding large amounts of coins unlike the case of governments holding much of gold supply for example which makes the price easy to manipulate.

indeed, with demand and supply and limited supply forming the price movement of bitcoin. but I think even though gold has an unlimited supply, but gold has high trust from all people

[Psynthax]

I think the price is determined by simple demand and supply.  Scarcity also plays an important role.
I understand your point though. I kind of suspect that bitcoin/crypto has an advantage over others due to early adopters & believers holding large amounts of coins unlike the case of governments holding much of gold supply for example which makes the price easy to manipulate.

indeed, with demand and supply and limited supply forming the price movement of bitcoin. but I think even though gold has an unlimited supply, but gold has high trust from all people

Op was talking about where are crypto gets its real value and i think that's not about the demand and supply. Demand comes from the possibility of crypto offers something useful for them all. Basically, you cna't create the demand for something that not useful for them. In this time i was talking about how you can use some of the coins to buy on the merchants, use it on the platform and another utility or security usage.
that's the features that offered by crypto and create the demand.

[el kaka22]

Bitcoin has no backing, it has no value at all aside from what people give it a value, there is a talk about how the miners give it a
worth because it costs this much to mine and that much for miners to get one bitcoin and all that but remember bitcoin cost like 5800 before the drop and it dropped even further down because as long as someone with a lot of bitcoin sells their bitcoin there is not much miners will be capable of doing and eventually difficulty will drop to make it easier to mine and drop the cost anyway.

This is the reason why bitcoin only worth what we think it worth and in the sense of "value" it has no value like any other product but at the same way fiat currency has no value neither, they stopped the gold standard decades ago so dollar worth what we think dollar worth too which means its okay for bitcoin to have no true value but only a worth.

[justspare]

We can not find the real value of Bitcoin and other cryptocurrency, because such a value does not exist. Bitcoin, like other types of cryptocurrency, have a price only for a certain period of time. This is due to the fact that the price of cryptocurrency is formed exclusively on the ratio of supply and demand, and these parameters are never constant.

I feel the only time we will really know the value of bitcoin is when supply becomes very limited of exhausted, by that time, the law od demand and supply will no longer play out on BTC and I dint think hype too will work again, but the circulating currency will determine the real value of BTC.

So for now, it means we will not know the real value of BTC other than the once we are being shown on exchanges until later in future when demands becomes far higher than supply, then the real value of bitcoin will show its face because there will be very little movement in the price of bitcoin then.

[richmcrich]

First and foremost since the bitcoin price tend to follow a quite snappy dynamic it is hard to really apprehend its real value. basically market cap is derived from the number of active user on the network multiplied by the bitcoin price. in the end bitcoin market cap always tend to be far above expert' expectation, but does it mean it is overvalued. it is understandable that bitcoin appears like it has availed from the hype it created throughout the internet communities, but i think that the hype is gone now since its creation and guess what bitcoin still follows the same pattern and cycle it used to, hinting that somehow it could benefit from this hype but is not driven by it alone.

Like any market, bitcoin price assess on supply and demand while buyer and seller determine the value. according to a recently read article on investopedia, expert follows the Metcalfe'law to determine the value of a network which suggest to square the number of network user, in that scheme expectation is far below the current market valuation, but where does bitcoin gain its real value?

in fact i think that bitcoin gain it value from itself and its features, this is a relatively unseen technology that suggest new ways to do things, basically it will benefits from continious boost that will allow it to follow a certain pattern and eventually this will stop being called hype.


https://www.investopedia.com/news/bitcoin-overvalued-researchers-say/

The market is still very volatile now and until we really get to a stage where bitcoin becomes a stable coin before we can get the real value of bitcoin out, for now, the only value that I follow is the one that is being displayed on coinmarketcap, but I know that many people have told me that is not the real value.

Whatever the value is in the unseen world, the real one which has been reflecting in most of the transactions I have done on exchanges is the one that we see on coinmarketcap. Until the market become less volatile, that is when we will see the real value of BTC that we have been having at the back of our mind.

[mersal]

I think the price is determined by simple demand and supply.  Scarcity also plays an important role.
I understand your point though. I kind of suspect that bitcoin/crypto has an advantage over others due to early adopters & believers holding large amounts of coins unlike the case of governments holding much of gold supply for example which makes the price easy to manipulate.

indeed, with demand and supply and limited supply forming the price movement of bitcoin. but I think even though gold has an unlimited supply, but gold has high trust from all people

Gold got the value due to its property as well which is the metal which can be turned into ornaments in the way we want and also it weigh very less so it made the people to trust it and also it maintain the stable value for centuries.But bitcoin is not stable even we can see $1000 changes in few hours which is kind of scary for the new people who never know how the price movement of bitcoin will be.

[dark08]

First and foremost since the bitcoin price tend to follow a quite snappy dynamic it is hard to really apprehend its real value. basically market cap is derived from the number of active user on the network multiplied by the bitcoin price. in the end bitcoin market cap always tend to be far above expert' expectation, but does it mean it is overvalued. it is understandable that bitcoin appears like it has availed from the hype it created throughout the internet communities, but i think that the hype is gone now since its creation and guess what bitcoin still follows the same pattern and cycle it used to, hinting that somehow it could benefit from this hype but is not driven by it alone.

Like any market, bitcoin price assess on supply and demand while buyer and seller determine the value. according to a recently read article on investopedia, expert follows the Metcalfe'law to determine the value of a network which suggest to square the number of network user, in that scheme expectation is far below the current market valuation, but where does bitcoin gain its real value?

in fact i think that bitcoin gain it value from itself and its features, this is a relatively unseen technology that suggest new ways to do things, basically it will benefits from continious boost that will allow it to follow a certain pattern and eventually this will stop being called hype.


https://www.investopedia.com/news/bitcoin-overvalued-researchers-say/

The market is still very volatile now and until we really get to a stage where bitcoin becomes a stable coin before we can get the real value of bitcoin out, for now, the only value that I follow is the one that is being displayed on coinmarketcap, but I know that many people have told me that is not the real value.

Whatever the value is in the unseen world, the real one which has been reflecting in most of the transactions I have done on exchanges is the one that we see on coinmarketcap. Until the market become less volatile, that is when we will see the real value of BTC that we have been having at the back of our mind.

We cannot determined the real value of Bitcoin but we glad to see some price action (pump) this past few month bitcoin still a good one to hold like gold or even stronger to this one.
In the future some expert, analysis predicted that Bitcoin will become super uptrend or the price become higher and higher but right now we cannot know the real value of Bitcoin.

[creeps]

I think the price is determined by simple demand and supply.  Scarcity also plays an important role.
I understand your point though. I kind of suspect that bitcoin/crypto has an advantage over others due to early adopters & believers holding large amounts of coins unlike the case of governments holding much of gold supply for example which makes the price easy to manipulate.

indeed, with demand and supply and limited supply forming the price movement of bitcoin. but I think even though gold has an unlimited supply, but gold has high trust from all people

There's no real value of bitcoin, it changes every hour and every day but the supply and demand dictate the price for that specific date and changes again in the next day. We also have to admit that the price of bitcoin can manipulate by the whales and we have to be aware on that so we can know when to sell our coin if you are not planning to hold. Real value of bitcoin is just a belief of every investors, no point to argue on this.

[Kemarit]

I would like for solid, reliable metrics to be developed to price bitcoin. I suppose because it is such a new asset these metrics have not yet been established. For now, the price is simply based on supply and demand by many parties on exchanges. That the use of the coin continues to break records despite a somewhat inflated price is quite telling about the potential of this asset.

I doubt that there could be metrics to developed on how to determine the price of bitcoin. Even exchanges has different prices, so yeah, trading volumes, supply and demand, and how much are people willing to buy is the deterministic factor.

in fact i think that bitcoin gain it value from itself and its features, this is a relatively unseen technology that suggest new ways to do things, basically it will benefits from continious boost that will allow it to follow a certain pattern and eventually this will stop being called hype.

Exactly, we haven't seen this technology, the market is fairly young so it is hard to at least weight this assets for now. Just 10 years in the making, but currently the best performing assets, what more can you ask for?

[onrise]

I think the price is determined by simple demand and supply.  Scarcity also plays an important role.
I understand your point though. I kind of suspect that bitcoin/crypto has an advantage over others due to early adopters & believers holding large amounts of coins unlike the case of governments holding much of gold supply for example which makes the price easy to manipulate.

indeed, with demand and supply and limited supply forming the price movement of bitcoin. but I think even though gold has an unlimited supply, but gold has high trust from all people

It is driven by demand and supply and accordingly the prices keep on fluctuating . Though the big whales when enter they prices surge quickly and on selling them to drops as well vastly . Thus their demand in future drives the prices to greater extent .

[NeverSop]

In my opinion, the true value of bitcoin is decentralized and it contains latent power and is capable of creating breakthroughs without any limit on its value. The true value of bitcoins is the value of intellect and charm, human needs.

[Adriano2010]

The real value of bitcoin and crypto coins is given by people, if there is demand and people use it more and more then the value will grow, if not like happen on some altcoins the price will drop.

[Kimonoe]

The real value of bitcoin and crypto coins is given by people, if there is demand and people use it more and more then the value will grow, if not like happen on some altcoins the price will drop.

right, I think the price is fixed based on the law of demand and supply. for those who can analyze well, certainly can take advantage of the opportunity. real prices and real conditions and real thinking will bring success here

[SirLancelot]

I'm a bit confused where you said that the market cap of Bitcoin is derived from the number of active users in the network multiplied by the Bitcoin price? Lol… how is that? You can't even tell the number of active users in the network. The market cap of any cryptocurrency is calculated by multiplying the price of the coin by its circulating supply. So if the price of Bitcoin is $200 and there is only 1 million of Bitcoins in circulation, then you will have to multiply the $200 per BTC by the 1 million in circulation and that gives you the market cap.

[RealMalatesta]

I think the price is determined by simple demand and supply.  Scarcity also plays an important role.
I understand your point though. I kind of suspect that bitcoin/crypto has an advantage over others due to early adopters & believers holding large amounts of coins unlike the case of governments holding much of gold supply for example which makes the price easy to manipulate.

indeed, with demand and supply and limited supply forming the price movement of bitcoin. but I think even though gold has an unlimited supply, but gold has high trust from all people

There's no real value of bitcoin, it changes every hour and every day but the supply and demand dictate the price for that specific date and changes again in the next day. We also have to admit that the price of bitcoin can manipulate by the whales and we have to be aware on that so we can know when to sell our coin if you are not planning to hold. Real value of bitcoin is just a belief of every investors, no point to argue on this.

Satoshi must have seen all these issues ahead, and probably reason why he created coins with limited supply, whales are able to manipulate the market today because we still have enough supplies for them to work with, a time will come that the supply will finish and people will start hoarding their coin, at this point, demand will become so high while there is no longer supply.

So it means people will hold on to their coin so tight, and then we will have a very less volatile market and I think like one of our mates have said, the real value will come out then. So I still believe that with little volatility, the real value of bitcoin will come out.

[nur rochid]

I think the price is determined by simple demand and supply.  Scarcity also plays an important role.
I understand your point though. I kind of suspect that bitcoin/crypto has an advantage over others due to early adopters & believers holding large amounts of coins unlike the case of governments holding much of gold supply for example which makes the price easy to manipulate.

indeed, with demand and supply and limited supply forming the price movement of bitcoin. but I think even though gold has an unlimited supply, but gold has high trust from all people

There's no real value of bitcoin, it changes every hour and every day but the supply and demand dictate the price for that specific date and changes again in the next day. We also have to admit that the price of bitcoin can manipulate by the whales and we have to be aware on that so we can know when to sell our coin if you are not planning to hold. Real value of bitcoin is just a belief of every investors, no point to argue on this.

Satoshi must have seen all these issues ahead, and probably reason why he created coins with limited supply, whales are able to manipulate the market today because we still have enough supplies for them to work with, a time will come that the supply will finish and people will start hoarding their coin, at this point, demand will become so high while there is no longer supply.

So it means people will hold on to their coin so tight, and then we will have a very less volatile market and I think like one of our mates have said, the real value will come out then. So I still believe that with little volatility, the real value of bitcoin will come out.

I also think like that, at that time there will certainly be a lot of demand and little supply. so I think the price becomes illogical because it soars. and I think it will be even higher in the future, because the inventory continues to decline. for example a bitcoiner dies and doesn't inherit his wallet

[bitcon]

Bitcoin and crypto price value are both volatile, so we cannot say or none of the community can't able to say the fix price of it whether it is bitcoin or altcoins. On the contrary when bitcoin goes up most altcoin dump its price while bitcoin goes down most of the altcoins goes up
something like that vice versa.

Probably, here we are talking about the price and not the value. I think that Bitcoin cost can be measured with its demand. if people are ready to pay for it 20 thousand, then price is 20 thousand, and so on.

[joniboini]

Probably, here we are talking about the price and not the value. I think that Bitcoin cost can be measured with its demand. if people are ready to pay for it 20 thousand, then price is 20 thousand, and so on.

This is literally how market demand/supply works. But this is just too general to determine at what price we can say an asset is fair-priced. For example, if there is somebody who is agreed to buy a glass of water for $10, can you say the same thing if you live in a place where healthy water is abundant? I bet no.

Some has tried to applied old school asset pricing for Bitcoin, but it seems there are no plausible findings yet.

[ajaymukund]

 I don't think bitcoin will end at some point in the future. when its supply becomes limited, a bubble rises again and is then extinguished. There will certainly be another altcoins that will replace bitcoin and the black market will continue. We have official markets that are regulated by laws like Forex, the stock market, ... but we only have a black market and no one can stop it.