The more popular Bitcoin is, the more valuable it is？

[RokokGudangGaram]

I strongly believe that btc as a salary will also result for it to become a currency how ever, many of the holders are waiting for the right price for it to rise before trading. As for its price, no one knows when is the time it will rise and might go down. For now we are sure that it has a value and considered as an assets, for the future as we follow the growth of BTC we can conclude that the value of it will rise up again.

As much as the idea of making btc as a form of salary is pleasing, it is crucial that holders are knowledgeable on its value and uses. Without that awareness, I do not think that holders will value and would know what to do with the btc that they got. When holders are informed, they can make wise decisions and can even influence others to use btc.

[ShowOff]

when it comes to price issues, actually the price goes up and down BTC can be predicted by doing analysis, so of course you can know when it will go up and when it will go down. although technical analysis is not 100% accurate but it will be very helpful to predict prices.
BTC value will rise again, but before going higher, there should be some corrections needed to form strong support to reach new ATH.

Of course, you've said it right. Technical analysis and fundamental analysis are two things that can help traders and investors know when price will go up and down. Although not 100% correct, at least these two analyzes can help them know when is the right time to make a purchase and a seller.

Price movement sometime do not require big news because they are basically influenced by the interests of traders. If demand increases then the price will also increase and vice versa if people sell it on a large scale it will obviously affect the price to go down. Correction is needed to make it go up, sometime it's true but it can also be wrong if we expect it in the short term.

[taufik123]

Of course, you've said it right. Technical analysis and fundamental analysis are two things that can help traders and investors know when price will go up and down. Although not 100% correct, at least these two analyzes can help them know when is the right time to make a purchase and a seller.

Price movement sometime do not require big news because they are basically influenced by the interests of traders. If demand increases then the price will also increase and vice versa if people sell it on a large scale it will obviously affect the price to go down. Correction is needed to make it go up, sometime it's true but it can also be wrong if we expect it in the short term.

and some traders' interests such as for example being manipulated by whales to make the market crash or increase further. whales have a lot of money that is able to control the market but not completely.

Whales play the psychology of ordinary traders like us.

some news or fundamentals that happen are also manipulated by Whales and it often happens and has become a whales game that keeps repeating itself.

[fullhdpixel]

Bitcoin is becoming more and more common for daily payments. If it is more convenient for everyone to buy bitcoins and use bitcoins for daily payments, will the price of bitcoins get lower and lower?
But now the legal currency has depreciated. For example, if you are rich, then you will not let your money just be stored in the bank, and will invest it in cryptocurrencies, houses, stocks, and others.
If conditions permit, I would be happy to use Bitcoin for daily payments, but some people have said that they will not sell their own Bitcoins and have been waiting for the price of Bitcoin to rise.
Do you think Bitcoin will be devalued in the future?

The value of Bitcoin is not going to decrease when it is more popular. Being more popular means that the value will increase as well, because a lot of people by then will invest more money in it. And I also believe that when Bitcoin becomes more popular and is being used for day-to-day transactions by people, it might become less volatile than it is now.

The other thing I would like to say is that it is not a must that a country will declare  Bitcoin a legal tender, they can just make it legal and people will be free to make use of it and that's all, it doesn't have to be a legal tender before people make use of it. So far it is only El Salvador that has declared Bitcoin a legal tender , apart from them there is no other country, but that doesn’t mean that there are no other places that it can be used.

[Easteregg69]

One says. "Jesus. I was the bank in there".

Promoter is outstanding.

We have one problem. Language is loosely till commonly defined. I am out. Protestant.

[lelahenderson]

I don’t think that the value of bitcoins can be devalued in the future. It’s because of how beneficial it’s coming out to be and more and more people are getting interested in it. But, I don’t think that paying bitcoins as salaries would be a good idea but of course it’s my personal opinion.

[sovie]

Bitcoin is becoming more and more common for daily payments. If it is more convenient for everyone to buy bitcoins and use bitcoins for daily payments, will the price of bitcoins get lower and lower?

I dont think BTC is getting popular in terms of daily payments, its still far away from daily payments because of reasons like scalability, fee, price volatility etc. If BTC made it to daily payments then price will surly shoot up since the demand will go up but we have a controlled inflation i.e. there are limited no of bitcoins.

Do you think Bitcoin will be devalued in the future?

Due to price vlatility BTC has gone down and up in value numerous times. We cant predict how BTC will behave in next hour how can we predict the future.

[chuckweitzman]

The more people use bitcoins, the higher will be its demand. And hence will increase its value. 

[llooafer]

The more popular Bitcoin is, the more people will notice it, and it will attract more novices. With the popularity of Bitcoin, everyone's purchase and consensus on Bitcoin will make Bitcoin more and more valuable.

[Mackenzie87]

Recently, there as been a lot of discussion about using Bitcoin to pay or employers to pay salaries using Bitcoin.

https://bitcointalk.org/index.php?topic=5350730.0
https://bitcointalk.org/index.php?topic=5351333.0
https://bitcointalk.org/index.php?topic=5351973.0
https://bitcointalk.org/index.php?topic=5352233.new#new

(All forum threads, there will be many similar views)


There is a lot of hype among Amazon, Apple, and Tesla about accepting Bitcoin as a payment method. Many of them say that the adoption is better, but if the company converts a large amount of Bitcoin paid by customers into legal tender, it will give Bitcoin. The currency brings a lot of selling pressure.
Bitcoin is limited. Everyone uses Bitcoin for payment and daily transactions. Bitcoin is becoming more and more popular. Many people know that Bitcoin also has countries that set Bitcoin as legal tender. If Bitcoin is used to pay salaries, is it necessary to collect taxes?
Bitcoin is becoming more and more common for daily payments. If it is more convenient for everyone to buy bitcoins and use bitcoins for daily payments, will the price of bitcoins get lower and lower?
But now the legal currency has depreciated. For example, if you are rich, then you will not let your money just be stored in the bank, and will invest it in cryptocurrencies, houses, stocks, and others.
If conditions permit, I would be happy to use Bitcoin for daily payments, but some people have said that they will not sell their own Bitcoins and have been waiting for the price of Bitcoin to rise.
Do you think Bitcoin will be devalued in the future?

The value of Bitcoin is determined by people's needs. The higher people's demand for Bitcoin, the higher the value of Bitcoin. As time goes on, more and more people understand Bitcoin. Bitcoin is widely accepted by the public. Although the price of Bitcoin fluctuates greatly, It shows that Bitcoin has a high transaction rate.

[witcher_sense]

Nothing in this world is valuable by itself. Nothing has intrinsic value, value is always subjective. It seems, however, you are confusing the concept of value with something usually called "a market price". These are two different things, but the subjective value of bitcoin can be expressed in any unit that is currently presented on the cryptocurrency market. Some people value bitcoin not because it has a certain market price at some point in time, but for it has certain features that other things don't. Given that the features of bitcoin and its value proposition are not subject to change, it may be concluded that the more people find these bitcoin features valuable, the more popular it becomes. The more popular it becomes, the more people it attracts. And so on.

[riso2015]

I'm sure that in the future btc will be more valuable and the price will be even better. Moreover, there have been positive signals from various merchants who are willing to work together to become one of their legitimate payment options. However, if btc is used as a currency in my opinion, it is not good. The results are not much different from other stable currencies . This removes the nature of bitcoin. Bitcoin will continue to have a good future if it is only made into an investment.

[Wildwest]

If all the big companies pay their salaries using bitcoin then this is very extraordinary, and currently there are countries already using bitcoin as their currency then it would not be surprising if bitcoin is increasingly popular among the world community, if bitcoin has become a legal means of payment then it will definitely be taxed because this regulation has become the number one regulation in every country, And later in the future all our needs we can definitely pay using bitcoin because in every country already know bitcoin, and I am sure this will definitely happen.