Why people debate so much about BTC value?

[bitcoindusts]

where you see people arguing about the price of bitcoin, is it only in your mind, everyone has freedom of opinion sometimes every opinion is not always the same, that's what is called a difference, just look at how the difference is in this forum, by the way why do you say 1 bitcoin is equated with $ 2, do you know that dollars continue to be printed without gold backups and their money continues to be printed but bitcoin is not in limited supply, that's the difference even I think one day 1 BTC = 1 Lambo might be more interesting 

Indeed,  they are just expressing themselves on how they interpret the chart movement.  Ang TA have different method that differs from one another.  That is the reason why other insights differ from the other one.  Aside from that, others look at BTC as worthless because they do not believe in its community and function, we should leave them as that, it is their lives that will miss out if they do not believe in the value of Bitcoin just like Peter Schiff.

[luckyflop]

I think that is because they want to get their profit quickly.

Most of these people arguing or debating tends to wait for the pump of the price so they can get a profit out of their investment. Another thing is that when the price pumps, they tend to be so excited how much it can pump more. I think that is just it, the feelings or emotions just circulate in there.

Everyone in this market wants to get profit quickly. But I don't understand why they have to argue about Bitcoin price every day, such arguments do not make the price of bitcoin go up. Prices can rise and fall depending on the situation of the market, what we are interested in is how to get the most profit with it.

[joinfree]

That's because people still see it as an investment plan to getting rich quickly other than a currency for paying goods and services. Also, i hear OP saying that bitcoin should not be compared to the US dollar and we should see it as such. This cannot be as bitcoin came to meet existing currencies and they only way we can use it as a payment method is to pair it with other cryptocurrencies. We can only see it as such if we have a universal conversion of BTC rate against the US dollar and this would also not be possible because of the decentralized nature of bitcoin.

[rijaljun]

-snip-

In my opinion, the value isn't always about USD, but more on what we can buy or do something with Bitcoin. Like, if the price is $6K and we can just buy one thing then when the price is $12k, we can buy two things. Why wouldn't I hope the price is $12k?

Basically, people understand that one bitcoin worth of one bitcoin but that's gonna be useless if we don't use it (to pay, buy, or speculate) and that's why people are debating.

[asus09]

I think that is because they want to get their profit quickly.

Most of these people arguing or debating tends to wait for the pump of the price so they can get a profit out of their investment. Another thing is that when the price pumps, they tend to be so excited how much it can pump more. I think that is just it, the feelings or emotions just circulate in there.

Everyone in this market wants to get profit quickly. But I don't understand why they have to argue about Bitcoin price every day, such arguments do not make the price of bitcoin go up. Prices can rise and fall depending on the situation of the market, what we are interested in is how to get the most profit with it.

Only get debate with bitcoin during have higher price but when bitcoin back down they run away and we never see anymore about some one debate with bitcoin price, I think is not have to worry when many people have their self predicting about bitcoin price and they look very trust with their prediction price, but I keep believe and analyze by my self with bitcoin price.

[ScamViruS]

Some people still think Bitcoin is a means to get quick rich. They don't really know what Bitcoin really is. Everyone wants to get profit at sort time. And when the price for the sort term goes down a bit, they make negative comments against Bitcoin. Even again they start panic sell! Bitcoin's original believers do not worry about Bitcoin price. Those who argue about the price, who dream of becoming rich overnight with Bitcoin. They don't have the thing called patience.

[Amel]

where you see people arguing about the price of bitcoin, is it only in your mind, everyone has freedom of opinion sometimes every opinion is not always the same, that's what is called a difference, just look at how the difference is in this forum, by the way why do you say 1 bitcoin is equated with $ 2, do you know that dollars continue to be printed without gold backups and their money continues to be printed but bitcoin is not in limited supply, that's the difference even I think one day 1 BTC = 1 Lambo might be more interesting 

Yeah it's true that everyone has their own opinions, but I don't think you can digest well what @OP says. All right, the question is actually not why are those people arguing? but what @OP means is what are these people arguing for? indeed everyone has their own opinions, but we need to know like what is said @OP that BTC is not made to compete with the USD or other fiat. The BTC referred to as @OP is an independent BTC without having to be compared with fiat, BTC is BTC because BTC has a supply, unlike fiat which is always printed and its value always changes when the numbers increase.

[cabron]

Its a healthy debate anyway and its good to see people asking and that if you are a newbie in trading you can get a feel of where the price could go to trade. The wall observer thread really deserves to be watched, you might wanna go and subscribe to that thread too in case you don't wanna see people expressing their idea about the value of BTC.

[harizen]

Since ages, people keep debating - will BTC pump? Will it go to the moon? Will it drop?

I'm asking myself what's the purpose of these questions? BTC wasn't created to compete with the value of USD or other fiat currencies, but to replace them completely. Therefore, if people would just think prices for various stuff in BTC, instead of calculating them in the BTC value compared to USD, all these questions would be irrelevant.

Whatever your sentiment is, once someone treats bitcoin mostly as an investment, its fiat value will always be a big deal. Therefore they care for whatever scenario that can happen to bitcoin either pump, dump or something along those lines.

Remember that these "investors" used their cold cash to purchase BTC for investment purposes. Here, it is obvious that their goal is to have a decent profit in return even just by holding. That's why it called investment after all.

We will just see Bitcoin work as a pure currency, at least, in the next 20 to 30 years (just figures). Why? As long as there are lots of positive hopes about the bitcoin's good future, including the possibility of establishing a "moon price", people will mostly treat this supposed pure currency as an investment.

Bitcoin replacing USD or other fiat currencies someday will not happen***.

[Oceat]

Its a healthy debate anyway and its good to see people asking and that if you are a newbie in trading you can get a feel of where the price could go to trade. The wall observer thread really deserves to be watched, you might wanna go and subscribe to that thread too in case you don't wanna see people expressing their idea about the value of BTC.

Yep, debating in a healthy way is just the same as the TV shows or news without giving any negative comments. But critics is also a part of it and that's the time we can see different ideas about the value of Bitcoin. Since the volatility of Bitcoin is quite unpredictable it's normal to see such speculation of the price everywhere.

[cabron]

Its a healthy debate anyway and its good to see people asking and that if you are a newbie in trading you can get a feel of where the price could go to trade. The wall observer thread really deserves to be watched, you might wanna go and subscribe to that thread too in case you don't wanna see people expressing their idea about the value of BTC.

Yep, debating in a healthy way is just the same as the TV shows or news without giving any negative comments. But critics is also a part of it and that's the time we can see different ideas about the value of Bitcoin. Since the volatility of Bitcoin is quite unpredictable it's normal to see such speculation of the price everywhere.

sometimes the debate does not produce anything, but if the debate has a good level of argument it will be useful. the point is a debate that has a foundation that can explain in detail its arguments because it can create a growth of insight from people who read

Everyone watches the price, if they didn't get any advance idea through the users in the forum, they might not be able to sell at the right time and that's when you see you need to follow more of that Wall Observer thread. The users in the thread has pretty much knowledge that I don't have actually. Debate if good, this is just a forum board I'm sure we don't hurt each other's feelings just by all the criticism of someone you don't really knew.

I can accept criticism to look into myself whether I'm actually wrong to my speculation or not. If wrong then I guess I'm not the go to guy when asked about prices. 

[Lauren Smith]

I believe this is the main problem within the crypto community. So many people are just in it for the fiat value and these are not true believers. True believers are not as concerned about the price of bitcoin and that is because we believe in it and we know in a few years it will be worth much more then it is bought for today. Why stress for the short term when you know the kong term will bring good results. People are not patient. This only concerning themselves with price miss the whole point of crypto and at fiat slaves. True believers don't care for the current price.

[bitbunnny]

Quality debate is always good but often people are focused just on empty phrases they repeat about Bitcoin price.
It's understandable that Bitcoin users are focused on value because main motive for majority is profit. So they follow the price all the time waiting for some big pump to make some money.
At the begininig Bitcoin users were more enthusiasts and pioneers of something new and exciting, now it's all only about the money.

[Bitcoinislife09]

I think that is because they want to get their profit quickly.

Most of these people arguing or debating tends to wait for the pump of the price so they can get a profit out of their investment. Another thing is that when the price pumps, they tend to be so excited how much it can pump more. I think that is just it, the feelings or emotions just circulate in there.

Everyone in this market wants to get profit quickly. But I don't understand why they have to argue about Bitcoin price every day, such arguments do not make the price of bitcoin go up. Prices can rise and fall depending on the situation of the market, what we are interested in is how to get the most profit with it.

Only get debate with bitcoin during have higher price but when bitcoin back down they run away and we never see anymore about some one debate with bitcoin price, I think is not have to worry when many people have their self predicting about bitcoin price and they look very trust with their prediction price, but I keep believe and analyze by my self with bitcoin price.

It is normal for the community to talk about the bitcoin market price because it is really a big matter in cryptocurrency or even in this forum. Since we support the bitcoin technology and the cryptocurrency a lot of people is making a claim that bitcoin market price going to pump or dump in this time. A lot of people have different analyzation at the bitcoin market price since it depend in the supply and demand of the market we cannot accurately predict the market price in the coming months so it is normal for the community to make a discussion about this.

[taufik123]

But in reality, BTC cannot completely replace the FIAT USD currency. Because BTC has a different character from the FIAT currency.
I also don't want to be a hypocrite who considers 1 BTC = 1 BTC. 1 BTC will only be calculated into USD for profit.
BTC is the most valuable cryptocurrency, but it will be even more valuable if converted to fiat USD.
BItcoin is only used as an investment that will provide benefits when exchanged into fiat currencies, it has become a common thing and done by everyone.

[xiboothrezi]

where you see people arguing about the price of bitcoin, is it only in your mind, everyone has freedom of opinion sometimes every opinion is not always the same, that's what is called a difference, just look at how the difference is in this forum, by the way why do you say 1 bitcoin is equated with $ 2, do you know that dollars continue to be printed without gold backups and their money continues to be printed but bitcoin is not in limited supply, that's the difference even I think one day 1 BTC = 1 Lambo might be more interesting 

basically bitcoin has its own rules which are certainly different from fiat and other commodities in the world today. It seems like op is embarrassed by many people who are too complicated to think about the price comparison with fiat or other commodities now, so he argues like that. Well, as you said, everyone has the right to express his opinion and we must respect each other. We should also not need to bother with that difference, just waste energy, it's better to maximize what we believe, life is as simple as this .

[GazetaBitcoin]

Unfortunately, very few people truly understood the meaning of the OP... For those who did not understand, check again this post written by me earlier, in case you missed it. Maybe it explains better... I hope.

[lixer]

Sorry you’re wrong, there’s nothing like one BTC is worth one BTC, you are not sure about valuing of a volatile commodity. I do agree that Bitcoin was created to be a transaction method, but the way I see things are going, it’s not going to be any replacement, we are still going to be using our conventional currencies, which we all know that China is doing that already.

Bitcoin is volatile, so I don’t blame people for doing that. Even if you plan to be using Bitcoin for purchasing things, imagine that you fund your wallet with $10,000 dollars and you have plans to purchase some stuffs that are worth around that amount,only for you to wake up the next day to half of that, will you be happy? Of course you won’t.

[nicolas1979]

Value came from benefits and we can see bitcoin benefits is more than commodity and stock. People see bitcoin as digital currency, can used to create currency something really important in our live right now and works, that value came from. Debate create fresh mindset ( point of view ) and new strategy to get more income, that normal and must supported. Value is the important thing when we speak about economy, is not wasting time but make valuable time for better life.

[piebeyb]

where you see people arguing about the price of bitcoin, is it only in your mind, everyone has freedom of opinion sometimes every opinion is not always the same, that's what is called a difference, just look at how the difference is in this forum, by the way why do you say 1 bitcoin is equated with $ 2, do you know that dollars continue to be printed without gold backups and their money continues to be printed but bitcoin is not in limited supply, that's the difference even I think one day 1 BTC = 1 Lambo might be more interesting 

Indeed,  they are just expressing themselves on how they interpret the chart movement.  Ang TA have different method that differs from one another.  That is the reason why other insights differ from the other one.  Aside from that, others look at BTC as worthless because they do not believe in its community and function, we should leave them as that, it is their lives that will miss out if they do not believe in the value of Bitcoin just like Peter Schiff.

Peter Schiff is a freak who has always predicted the price of bitcoin is cheap but the price is reversing to go up, I want to see his twtter again making strange predictions so that bitcoin goes back up as before, I see that person doing things in vain and why he doesn't focus on gold , why is he Peter Schiff having to comment on bitcoin that is not in his profession analyzing the price of bitcoin, his site also accepts bitcoin payments, lol