otong
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June 30, 2019, 02:20:58 PM |
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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.
Crypto currencies may be a breakthrough from economic development by keeping up with the times and technology and we can also see from countries that are developing economically and technology using crypto currencies to be the official currency used in their economies
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ck343
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June 30, 2019, 05:58:06 PM |
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Cryptos' value consists in their usability, in their potential or actual role within the financial system, in the benefits they offer to the participants.
Cryptos that get used just as a speculative vehicle, a way to make money quickly, like most cryptos today, in my view have no value.
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khkllkh (https://de.wikipedia.org/wiki/BBCode)
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Irvinn
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June 30, 2019, 06:11:09 PM |
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If we consider the cost of cryptocurrency from the point of view of cost, with respect to Bitcoin and ethereum, information about the benefits of mining has long been disseminated. If Bitcoin has a price above $ 5,000, and the ethereum is above $ 250, then mining will pay off, of course, if you take into account all the costs of this activity. Based on this, I can judge the real value of Bitcoin and ETH.
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Ozero
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June 30, 2019, 08:29:30 PM |
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We can talk about the cost of Bitcoin and another decentralized cryptocurrency only at a certain point, which is determined by the ratio between supply and demand. Talking in general about the cost of decentralized cryptocurrency does not make sense. At any second, their value may rise sharply or fall significantly. This will all be their real price.
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Fedrey
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June 30, 2019, 08:58:07 PM |
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We can talk about the cost of Bitcoin and another decentralized cryptocurrency only at a certain point, which is determined by the ratio between supply and demand. Talking in general about the cost of decentralized cryptocurrency does not make sense. At any second, their value may rise sharply or fall significantly. This will all be their real price.
Predicting prices for cryptocurrency has always been difficult, and after the market has risen sharply and fell, it makes no sense to say anything without a certain experience. In any case, the fact that a cryptocurrency has a very high volatility, this is what attracts users of cryptocurrency to this type of activity, because it gives a good opportunity to get more profit.
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ck343
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July 01, 2019, 12:15:47 PM |
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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)
Good remarks! We must differentiate between value and price. Price is simply the result of ask and bid, and can be influenced, e.g., by speculation, which today - as you rightly point out - seems to be the main factor of cryptos price movements. Value concerns the role and the benefits offered by a currency within the economy of a country.
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khkllkh (https://de.wikipedia.org/wiki/BBCode)
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iv4n
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July 02, 2019, 12:21:12 PM |
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We can talk about the cost of Bitcoin and another decentralized cryptocurrency only at a certain point, which is determined by the ratio between supply and demand. Talking in general about the cost of decentralized cryptocurrency does not make sense. At any second, their value may rise sharply or fall significantly. This will all be their real price.
Yes, and yes. So only real value is the value in this specific moment. Tomorrow real value can be very high or very low, that will be determined by the supply and demand. And we all know that in long run supply will be go down and there are very high chances that demand will rise, that will lead to the price rise. So people who don`t wish to bother their brains with calculating should just simply buy and hold.
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dimox
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July 02, 2019, 10:17:23 PM |
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we cant say that crypto have fixed price, their value is always pump and dump, depend on request and buyer. the number can stay in one place if they have set the price. and i think crypto have real value, they will be digital money. and people like unstable value because they can take the advantage from that difference
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jhongzjhong
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https://bmy.guide
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July 02, 2019, 10:44:44 PM |
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we cant say that crypto have fixed price, their value is always pump and dump, depend on request and buyer. the number can stay in one place if they have set the price. and i think crypto have real value, they will be digital money. and people like unstable value because they can take the advantage from that difference
Yes, we cant actually defined the price of bitcoin and it is not fixed or stable price just like fiat currency. Because bitcoin depends on the demand and supply when the demand goes up also bitcoin will make price makes expensive. This pump and dump will make bitcoin and other cryptos had profit, through trading people can easily make a profit on it.
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iMark
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July 03, 2019, 01:41:57 AM |
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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.
when there is a correction that is real value for me, when prices rise many people speculate that it is manipulation by the whales by inflating demand from their pockets, making news and so on to influence the market, when they sell the price will be corrected.
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Indamuck
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July 03, 2019, 01:54:48 AM |
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In the most basic terms, it is worth whatever people are willing to pay for it.
Why is a Picasso painting worth hundreds of millions? Why is a pokemon charizard card worth $5000? Why is a rare ferrari worth $50 million?
SUPPLY AND DEMAND
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FlightyPouch
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July 03, 2019, 11:06:50 AM |
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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.
Don't give them hope like that, it is not like that since it will not just pump into 100K that fast. It is true that it is a volatile crypto currency but there will always be a correction and always investors that will take advantage of this price pump. We may see $30K to $35K but I don't think we will be seeing a $100K this year or next year.
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█▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄ | . 1xBit.com | ▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄█ | | | | ███████████████ █████████████▀ █████▀▀ ███▀ ▄███ ▄ ██▄▄████▌ ▄█ ████████ ████████▌ █████████ ▐█ ██████████ ▐█ ███████▀▀ ▄██ ███▀ ▄▄▄█████ ███ ▄██████████ ███████████████ | ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ███████████▀▀▀█ ██████████ ███████████▄▄▄█ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ | ▄█████ ▄██████ ▄███████ ▄████████ ▄█████████ ▄██████████ ▄███████████ ▄████████████ ▄█████████████ ▄██████████████ ▀▀███████████ ▀▀███████ ▀▀██▀ | ▄▄██▌ ▄▄███████ █████████▀ ▄██▄▄▀▀██▀▀ ▄██████ ▄▄▄ ███████ ▄█▄ ▄ ▀██████ █ ▀█ ▀▀▀ ▄ ▀▄▄█▀ ▄▄█████▄ ▀▀▀ ▀████████ ▀█████▀ ████ ▀▀▀ █████ █████ | ▄ █▄▄ █ ▄ ▀▄██▀▀▀▀▀▀▀▀ ▀ ▄▄█████▄█▄▄ ▄ ▄███▀ ▀▀ ▀▀▄ ▄██▄███▄ ▀▀▀▀▄ ▄▄ ▄████████▄▄▄▄▄█▄▄▄██ ████████████▀▀ █ ▐█ ██████████████▄ ▄▄▀██▄██ ▐██████████████ ▄███ ████▀████████████▄███▀ ▀█▀ ▐█████████████▀ ▐████████████▀ ▀█████▀▀▀ █▀ | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ | | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ | │ | | │ | | ! |
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Finestream
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July 03, 2019, 12:58:29 PM |
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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.
Don't give them hope like that, it is not like that since it will not just pump into 100K that fast. It is true that it is a volatile crypto currency but there will always be a correction and always investors that will take advantage of this price pump. We may see $30K to $35K but I don't think we will be seeing a $100K this year or next year. I agree with you.Even if most of the people will start buying bitcoin and other crypto coins,it's not a guarantee that crypto price will goes up in a short span of time.Of course there will be fluctuations that will surely occur knowing most of the crypto coins are very volatile in nature.
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strunberg
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July 03, 2019, 05:13:14 PM |
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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.
Don't give them hope like that, it is not like that since it will not just pump into 100K that fast. It is true that it is a volatile crypto currency but there will always be a correction and always investors that will take advantage of this price pump. We may see $30K to $35K but I don't think we will be seeing a $100K this year or next year. I agree with you.Even if most of the people will start buying bitcoin and other crypto coins,it's not a guarantee that crypto price will goes up in a short span of time.Of course there will be fluctuations that will surely occur knowing most of the crypto coins are very volatile in nature. we have to educate new investors or people around us about bitcoin.most of them tempted by short profit if they buy it,its totally wrong opinion about bitcoin.we have to educate them about the value behind the bitcoin price.its more valuable if we understand the technology and reason to adopt it in our real life.most of people miss this thing while they decided to invest their money.
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░░░░░░░░░░██▄ ▄▄▄▄▄▄▄▄▄▄▄███▄ ▀▀▀▀▀▀▀▀▀▀▀███▀ ░░░░░░░░░░██▀ ░░░▄▄ ▄██▀ ███████████████ ▀██▄ ░░░▀▀ | | | | +250 COINS | │ | .Crypto Exchange. | │ | ▄▄▄▄ ▄▄▄███▀▀███▄▄▄ ▄█████▀▀░▄▄▄▄░▀▀█████▄ ██▀░▄▄▄████████▄▄▄░▀██ ██░████████████████░██ ██░████████████████░██ ██░▀██████████████▀░██ ██░▀████████████▀░██ ▀██░▀██████████▀░██▀ ▀██▄░▀██████▀░▄██▀ ▀██▄▄░▀▀░▄▄██▀ ▀▀██▄▄██▀▀ ▀▀▀▀ | | | │ | |
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viananda2525
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July 03, 2019, 08:03:38 PM |
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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.
Don't give them hope like that, it is not like that since it will not just pump into 100K that fast. It is true that it is a volatile crypto currency but there will always be a correction and always investors that will take advantage of this price pump. We may see $30K to $35K but I don't think we will be seeing a $100K this year or next year. I agree with you.Even if most of the people will start buying bitcoin and other crypto coins,it's not a guarantee that crypto price will goes up in a short span of time.Of course there will be fluctuations that will surely occur knowing most of the crypto coins are very volatile in nature. we have to educate new investors or people around us about bitcoin.most of them tempted by short profit if they buy it,its totally wrong opinion about bitcoin.we have to educate them about the value behind the bitcoin price.its more valuable if we understand the technology and reason to adopt it in our real life.most of people miss this thing while they decided to invest their money. its very rare to find investors that understand how important was bitcoin and blockchain besides its value itself.most of them just thinking about its value , and set aside about its function.
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Best Dreams
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July 03, 2019, 08:37:24 PM |
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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.
Crypto currencies may be a breakthrough from economic development by keeping up with the times and technology and we can also see from countries that are developing economically and technology using crypto currencies to be the official currency used in their economies No doubt crypto currency has given economical development to so many countries, it made state even better for us to give our generation will get more opportunities for earning because of crypto currency. it has good value in all markets, in other business and investments we don’t get such beautiful offers and fast growth of money so crypto currency has good value specially the bitcoin is unbeatable.
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carodupuis
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July 04, 2019, 10:09:25 AM |
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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/Bitcoin is an digital asset and there is nothing like the real value, the value is only based on the rate of demand and supply… as the demand goes up the value will increase. It’s not a currency,… if it was currency we would have said that the value is worth what it is… just like $1 is $1 but the purchase either increase or decrease… And that depends on some certain factors which will determine where its really heading to. So Bitcoin value is whatever you are seeing now.
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shulc7
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July 04, 2019, 08:33:51 PM |
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Cryptos' value consists in their usability, in their potential or actual role within the financial system, in the benefits they offer to the participants. Cryptos that get used just as a speculative vehicle, a way to make money quickly, like most cryptos today, in my view have no value.
And it also depends on the demand. The more people are interested in Bitcoin, the more chances it has to grow. If we speak about the price of Bitcoin, it may not corresponds to its real value. However, it is just my viewpoint.
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Lanatsa
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July 04, 2019, 10:07:21 PM |
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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/Bitcoin is an digital asset and there is nothing like the real value, the value is only based on the rate of demand and supply… as the demand goes up the value will increase. It’s not a currency,… if it was currency we would have said that the value is worth what it is… just like $1 is $1 but the purchase either increase or decrease… And that depends on some certain factors which will determine where its really heading to. So Bitcoin value is whatever you are seeing now. I dont know why people are worrying too much or trying to compare things up about value.We are indeed seeing basing on the current demand.It may not be a currency but this one is really valuable due to its innovative tech benefits that it gives when it comes to payment system and thats the main reason why its being supported.Real value would always matter on the community that do supports behind it.
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Leyss
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July 06, 2019, 05:54:12 AM |
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In fact, Bitcoin has no real value. Its price is determined by the ratio between supply and demand, which are never constant. Therefore, the real value of Bitcoin can only be set at a certain point. Already in the next second its price will change. Nothing can be done, such is the nature of a decentralized cryptocurrency. This is its advantage and disadvantage at the same time.
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