What is the real value of bitcoin and cryptocurrency

[semobo]

The money and the cryptocurrency is different in this world because people were thinking the cryptocurrency or not like money and we don't have the opportunity to used in our daily life but when we think about the Bitcoin it will reach the people a lot in recent times and there will be lots of payment options are available now to pay directly with Bitcoin so nowadays the Bitcoin is more valuable than the normal money this is the true fact also.

[deisik]

Bitcoin has really convenient functionality for p2p payments, so its value is undeniable. In turn, its real value is always reflected by the state of the market at some point

I think this is not what OP meant

It seems like he refers to Bitcoin's value which it would have if there were no speculation ("bitcoin gains its value from itself and its features"), i.e. the value which comes through its real use, for example, by having "really convenient functionality for p2p payments". The difference is that the value which is reflected by the market (read, its price at some point in time) also includes Bitcoin's utility for speculation (i.e. how much you can potentially earn with it), and I daresay most if its value comes through this utility, not so much via its real use (for payments or whatever)

[raven7886]

Real "value" of bitcoin is having to not depend on banks for monetary transactions and being able to do whatever you want with your money without anyone else using your money for themselves. Do you really think that banks who take your money from your company as "salary" do not use that money to profit themselves?

I am not talking about the money you put into the bank as "savings account" to get interest, even the money that you have there for nothing like salary and you withdraw whenever you need or spend is constantly used for their profits. Even if not for investing into something they use it to showcase how much money they have which gives them an advantage for the investments they make just in case. That is why bitcoin allows you to be your own bank and that is why its valuable.

[automaticmoney]

Real value of bitcoin depends on supply and demand and bitcoin is limited supply every time price gets pumped then btc prices increase . we cant estimate the btc price but right price is good to buy

[GregH37]

The real value of Bitcoin and other cryptocurrencies can only be determined at a certain point. In the next instant, their value will be different. Since there can be no fixed price in a decentralized cryptocurrency, it is impossible to determine their value for at least one day. During this day, their price will change many times. This is one of the main features of the cryptocurrency market.

I agree that now that we still have enough supply that is going round in the market which is the cause of prices changing many times, it will be difficult for bitcoin value to be known as the supply available can still be enough to manipulate the market value anyhow, but what happens when there is no longer supply available for people to purchase?

I think the price of bitcoin will become static then and that will be the only way the real value will shoe, although my friends has told me several times that the real value of bitcoin is known on an exchange through its volume which I still don’t understand, because most value that I see on exchange corresponds with CMC value.

[travwill]

This is probably one of the most difficult issues, because cryptocurrencies do not have physical embodiment, and the amount of money invested in them does not always correspond to the market price.

[shield132]

Title made me to think something:
1. What is the real value of coin which promises anonimity, protecting of privacy and fast/cheap transactions and overall control on your own wallet.
2. What's the real value of coin which become victim of commercial guys and a lot of regulations?
First one has huge value and second one - none but bitcoin is in the middle. It doesn't answer to your question directly but here is some truth and answer.

[SirLancelot]

I don't think anything has real value,  it's all about the people,  if they decide they are not going to make use of this particular thing, then it has no value. So it's the people that gives value to anything. When people stop to make use of these things they stop to have value. Bitcoin started at zero and from there it started moving up to a higher price and now it is valued in thousands of dollars,  that's how it' is for everything,  they start from zero/low price and move to a higher price worth.

[Dontme]

I think the real value of cryptocurrency is it`s utility or the service that it gives to people. People are putting their money on cryptocurrency because it gives ease on transactions and could serve as bank as well, also it is used as an asset to earn a lot of profit.

[justdimin]

We are in economics part of the discussion but talking about the political and global values of bitcoin we can say it worth a lot more than it looks as well.

Yeah, we like to talk about miners costs and the volumes and what not to find the value of bitcoin but why are we not talking about the value bitcoin has that can't be calculated with numbers?

For example, it allows us to send and receive money globally without using any banks or any other middleman. It helps us become our own banks without giving power to banks, it helps us have a transparent system where if used properly nobody would be allowed to scam anyone without getting caught. I mean it has so much power that we don't calculate with numbers I think that adds to its value as well.

[yeezycheezy]

in my opinion is the real value of cryptocurrency that you can easily invest just buying a coins and make a profit and the securement of our funds is in our hands

[kodtycoon]

I don't think anything has real value,  it's all about the people,  if they decide they are not going to make use of this particular thing, then it has no value. So it's the people that gives value to anything. When people stop to make use of these things they stop to have value. Bitcoin started at zero and from there it started moving up to a higher price and now it is valued in thousands of dollars,  that's how it' is for everything,  they start from zero/low price and move to a higher price worth.

yes it moves because of supply and demand, so in my opinion that's the real value in this industry because if there is no more demand then bitcoin and cryptocurrency will have no value. with high enthusiasm in the community that value will have the potential to continue to move up and down

[pinkpanther03]

The real value of bitcoin and cryptocurrency can't be determined alone by just looking at the prices. Their value is actually reflected on how great the technologies and platforms behind them. The usefulness and functionality of these coins in todays modern world. This is one of the criteria to be considered valuable.

[dddudidd]

actually Bitcoin is independent from the first.  we can only follow the flow and circulation.  there is nothing new we can do with Bitcoin.

[jdarren]

I think the overarching value of bitcoin and cryptocurrency is teaching us all how to run and rebuild a community that truly works together. Rather than us all being sheeple following a government or a select group of people it's us reformating the way the world should work: collaborative

[salty]

I think the overarching value of bitcoin and cryptocurrency is teaching us all how to run and rebuild a community that truly works together. Rather than us all being sheeple following a government or a select group of people it's us reformating the way the world should work: collaborative

Very good answer.Yes, indeed, only the United community can assess the value of the cryptocurrency more accurately.For me, the value of cryptocurrency is not measured by numbers.I'm just delighted that with the help of cryptocurrency all mankind can become 1 organism without wars and territorial disputes.It is a great value definitely.

[gwdf1]

This is probably one of the most difficult issues, because cryptocurrencies do not have physical embodiment, and the amount of money invested in them does not always correspond to the market price.

Here, the value is measured by the demand as I think. Crypto is a virtual currency, thus, if anyone is ready to buy it, let us say, for 100 thousand, its value is 100K. However, the price can be different.

[South Park]

Real value of bitcoin depends on supply and demand and bitcoin is limited supply every time price gets pumped then btc prices increase . we cant estimate the btc price but right price is good to buy

There is a difference between price and value, the price of something is as you say determined by the supply and the demand and we are always trying to find the right price for every single asset in the world, but the value of something is what it offers and what characteristics make it useful, bitcoin offers their users the ability to send funds from one side of the world to the other with low fees and without any centralized third party being capable of blocking your transaction from the moment it was created, so the value of bitcoin was huge even if its price was zero at that time.

[Taskford]

The value of crypto and bitcoin depends on its demand or traders. The more people that demands bitcoin and crypto for daily uses will help to increase its value. And if there are many people doing trades on bitcoin or crypto to gain profit will help as well. Those only exist because of the internet and tech we have now. If people find something better than bitcoin and crypto, then it will slowly die until it becomes worthless.

[Adriano2010]

The value of crypto is given by people, if there come a lot of people and buy, then the price can go to at least 100k on short time, or even higher but we need that most people buy.