Bitcoin (BTC) Price Index — CoinDesk 20

Bitcoin - The Currency of the Internet

A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.

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What's happening in Bitcoin?

Discuss everything Bitcoin.

"What is the fair value of a bitcoin? In our view, its intrinsic value must be zero..." - Allianz Global Investors

submitted by ky1e to Buttcoin [link] [comments]

The value of a Bitcoin has collapsed $10000 from 2017 to today

The value of a Bitcoin has collapsed $10000 from 2017 to today submitted by AnonymousTank to dankmemes [link] [comments]

Calculating the value of a Bitcoin

I am not an economist but I know there are models to show the value of a stock, for instance. Is there a way to model the value of a Bitcoin? I am firmly convinced it is a bubble but I suspect I may be wrong. (I was right about those Tulips though)
submitted by JanFromEarth to AskEconomics [link] [comments]

If the USD does crash, how will we know the value of a bitcoin?

I'm not actually a bitcoin useholder yet, but as far as I've gathered, most purchases are made with a fiat currency as the measure of costs. I.e., goods are priced in $ and you pay the bitcoin equivalent of $10 for a pizza.
Without this pricing goods in an existing currency, it's very hard to understand what something actually costs in BTC since the price fluctuates a lot.
So, if the USD did crash and become worthless over night, that'd actually represent a problem. BTC might increase in value, but wouldn't it be hard to know what it's worth if there's nothing to compare to? (I'm assuming here that a crash in USD would also mean a crash in EUR, GBP etc.)
It seems that even if we do move to a digital currency, we'll still rely on fiat for a transitional period.
submitted by e-erik to Bitcoin [link] [comments]

If you want to get rid of your bitcoins because the prices are dropping, buy products with them instead of selling it on exchange websites. The value of a bitcoin is determined by the volume traded, so when everyone tries selling at once, the price drops.

Treat it like a currency, not a stock. If you treat it like a stock it will act exactly like a stock. At least this is my understanding.
I'm not sure if there are secure sites like Ebay strictly for bitcoins, but there needs to be.
TL;DR; from user /brezzz
You're using the super simple bitcoin wrong and affecting it's robust value negatively.
submitted by Bartholomew_White to Bitcoin [link] [comments]

How do you predict the value of a bitcoin?

I was reading an article about "predicting the value of bitcoin" but it sounded too scientific.
Here is the article:
How do you really predict the value of bitcoin?
submitted by HumpeeCurt to BitcoinBeginners [link] [comments]

What happened in November 2013 that caused the value of a bitcoin to increase so much?

What happened in November 2013 that caused the value of a bitcoin to increase so much? submitted by KingCanary to Bitcoin [link] [comments]

Don't confuse Bitcoin-Echange-Rate with the true value of a Bitcoin in your possession. Market are always manipula… - Crypto Insider Info - Whales's

Posted at: December 7, 2018 at 09:38AM
Don't confuse Bitcoin-Echange-Rate with the true value of a Bitcoin in your possession. Market are always manipula…
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submitted by cryptotradingbot to cryptobots [link] [comments]

Is there any chance that the value of a bitcoin will eventually reach zero?

I can't really see a situation in which this type of technology has zero value. If nothing else, the dark web will always use it as currency and therefore, it will always retain some value.
But I feel like i'm being naive.
Can someone explain to me how it might actually become worthless? I'm looking for some worst case scenarios..
submitted by wbredin to BitcoinMarkets [link] [comments]

What would the value of a Bitcoin be if we assigned a transaction to every single transaction since written history began?

submitted by TheHearthstoneNoob to Bitcoin [link] [comments]

How exactly is the value of a bitcoin determined?

Can anyone provide any resources that explain what the formula to calculate the value of a single bitcoin at any given time on a site like gdax or gemini is? I get that it is supply and demand but would really like to understand on a deeper level.
submitted by wellstruckFC to Bitcoin [link] [comments]

If you could change 1 persons mind about the real value of a Bitcoin, who would it be?

My choice would definitely be my father. He literally bashes me all the time in front of my family members and I would love it if there was a way to open his eyes to the reality of it all. A 1 bitcoin gift to him for Christmas with an attached graph showing its rise in value would be the best thing ever... too bad I was still in elementary school when this all started. Aquire Bitcoin, Disregard Females
submitted by RJ--13 to Bitcoin [link] [comments]

Finding Equilibrium: Searching for the true value of a Bitcoin [Opinion piece by Vinny Lingham, CEO of gyft]

Vinny Lingham, CEO of gyft, has written an interesting piece discussing his ideas on why the price is currently where it is and where he thinks it is going from here. One of his insights is that he thinks the price has dropped because merchant adoption is outpacing consumer adoption and merchants are selling the vast majority of coins they receive on exchanges just at the point when many buyers have become spooked about buying on exchanges.
Finding Equilibrium: Searching for the true value of a Bitcoin
submitted by packetinspector to BitcoinMarkets [link] [comments]

Calculating the Long-term Value of a Bitcoin

Calculating the Long-term Value of a Bitcoin submitted by tristara to Bitcoin [link] [comments]

Current market value of a bitcoin, without all the noise.

Current market value of a bitcoin, without all the noise. submitted by SteveSmithIIV to Bitcoin [link] [comments]

What would happen to the value of a bitcoin if Silk Road ceased to exist? We may be about to find out...

submitted by encephalopath to Bitcoin [link] [comments]

What can an individual like myself do to help increase the value of a bitcoin?

Hello fellow bitcoiners. I have spent four years under intensive meditation and thinking about bitcoin. My obsession with bitcoin has allowed me to participate in what I believe is the most potent bull market of all time. I have read this subreddit through and through, along with compiling a detailed booklet of Andreas Antonopolous quotes and comments regarding crypto currency. I feel as a bitcoiner who has benefited tremendously from the rise of bitcoin, I need to help others.
What can an individual do to help increase the value of bitcoin? I made it a personal goal to tell at least 2 people every day, so far I would say about 2 out of 10 become interested, but out of 20 about 2 actually go through.
What I have done so far:
What else can someone do? I am running out of ideas here.
I am writing a PDF that contains meditation quotes by bitcoin thought leaders, motivational phrases to read once a day.
submitted by ProudAzN to Bitcoin [link] [comments]

My estimate for the longrun value of a bitcoin: $150K

I believe that currently the prices are going up because of “irrational exuberance,” that is, people flocking to make a profit before it’s too late. However, I also believe that bitcoin has intrinsic value and my estimate is that in the long-run, when all adjustments have been made and everyone has plenty of information about what bitcoin is, the value would be about $150K.
I came up with this number assuming that bitcoin will be a perfect substitute for gold. So, in the end, the value of bitcoin will be set in such a way that you’re indifferent between holding gold or holding money. The price of gold has been about $1200 per ounce in recent years and there’s a total of about 5,500,000,000 ounces have been mined. The total money currently invested in gold and bitcoins combined as of now (Dec 7) is:
5,500,000,000 * $1200 + 16,725,000 * $17,000 = 6.884 trillion
let’s assume in the long-run, half of this money will move to the bitcoin market. We also know the number of bitcoins will approach 21,000,000 eventually.
21,000,000 * long-run value of bitcoin = $6.884trillion / 2
long-run value of bitcoin = $163,912
Of course this estimate is as good as the assumptions that I made.
submitted by fexon to Bitcoin [link] [comments]

How do you predict the value of a bitcoin? /r/BitcoinBeginners

How do you predict the value of a bitcoin? /BitcoinBeginners submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

If we could sen satoshi instantly and for free, what would the value of a bitcoin be?

submitted by bitcoinglobe to Bitcoin [link] [comments]

02-07 22:12 - 'Serious Question: What is the floor value of a Bitcoin?' (self.Bitcoin) by /u/notwiththatattidude removed from /r/Bitcoin within 421-431min

Is there a floor price with a single Bitcoin -- and -- if there is, why is it?
edit: No one in /bitcoin knows anything about the value of a Bitcoin lol.
Serious Question: What is the floor value of a Bitcoin?
Go1dfish undelete link
unreddit undelete link
Author: notwiththatattidude
submitted by removalbot to removalbot [link] [comments]

Serious Question: What is the floor value of a Bitcoin? /r/Bitcoin

Serious Question: What is the floor value of a Bitcoin? /Bitcoin submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

How Does BitCoin Work? - YouTube WARNING: The Truth About Bitcoin - YouTube HOW TO VALUE BITCOIN Historical Price of Bitcoin (2010 - 2019) - YouTube How Does Bitcoin Work? - YouTube

What Is Bitcoin (BTC)? Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto.It was launched soon after, in January 2009. Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to ... That transaction alone perfectly shows the dramatic change in value that Bitcoin has experienced over the years. 2011 and Earlier. The very first major jump in Bitcoin price took place in July 2010. At this point, the value of Bitcoin went from about $0.0008 all the way up to $0.08, a truly dramatic increase in price. Bitcoin's price forecast is looking bullish heading into the weekend. Meanwhile, DeFi investors doubled the total value locked in dForce. One of the hot questions regarding the bitcoin since the first ones were created in 2009 is its real value. We will try as well to answer to this question using two concepts in economics and finance. The world’s first cryptocurrency, Bitcoin is stored and exchanged securely on the internet through a digital ledger known as a blockchain. Bitcoins are divisible into smaller units known as satoshis — each satoshi is worth 0.00000001 bitcoin.

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How Does BitCoin Work? - YouTube

Highlights from The Value of Bitcoin Conference on June 3rd, 2019. After more than 10 years, Bitcoin is still around and the signals that indicate Bitcoin is here to stay are only getting stronger. If money is only valuable when we believe in it, how much is a BitCoin actually worth? Jonathan explains the virtual currency as well as how to mine it and t... Thanks to Away for sponsoring this video! Go to and use promo code techquickie to get $20 off your next order! Bitcoin... Bitcoin Cost & Price Bitcoin Today & Bitcoin Money & Bitcoin Value in Dollars & Bitcoin Account. bitcoin companies bitcoin conversion rate bitcoin cost bitcoin currency chart bitcoin daily chart ... Likewise a cryptocurrency like bitcoin cannot be have its value measured by the number of miners, the hashrate or even the number of active wallet addresses. The only way to value a cryptocurrency ...