What is the true value of BTC?
- Thread starter mnrfas
- Start date
Naughtyfatkid
Senior Member
- Sep 20, 2020
- 922
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They've been saying that since BTC's inception.
Email Marketers
Banned - Selling via PM
- Jun 30, 2019
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Nope.
- Apr 25, 2011
- 19,849
- 28,296
You really never know for sure what the price of BTC will go to. However, I personally doubt very much that it will go to $10k there would simply be too many buyers between now and that $10k figure for it to get there in the first place.
- Nov 16, 2011
- 19,826
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It is not falling to 10000. And if it was really a Ponzi, the value should come to zero finally and not 10000.
LegendAndroidX
Power Member
- Nov 1, 2017
- 699
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nop
moonshine7000
Elite Member
- Mar 4, 2013
- 4,392
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BTC is designed to be currency outside the financial system not be compared to the US dollar .
ADA Lovelace
Regular Member
- Jan 24, 2021
- 466
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The question here is: Do you have a proof or an investigation about that?
Because is easy to say that the human never went to Mars and all is fake, but do u have a proof?
No?
So stop waste my time and go with you conspiracy theory to other site.
Because is easy to say that the human never went to Mars and all is fake, but do u have a proof?
No?
So stop waste my time and go with you conspiracy theory to other site.
Arnold Rothstein
BANNED
- Jan 7, 2019
- 371
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If it was used as cash instead of store of value/speculation/gambling it would worth $100
mnrfas
Elite Member
- Aug 22, 2020
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the thing is, no one give you an explanationThey've been saying that since BTC's inception.
.. and WhalesAt any moment , value of Bitcoin , is dependent on Elon Musk's Twitter tweets
You are correct from the technical point of view. However , do not forget that Bitcoin is always played & swayed by big big whales also , whereby these big whales can and have been manipulating Bitcoin price and trust me the big whales make multimillion dollars profits everyday. These big whales are in cohort with the main exchanges like Binance, etc , as when leveraged trades are liquidated , the exchnages make a lot of more money. And Tether " prints " trillions of USDT very often - you know who they sell these USDT to at a discounted price ? To the big whales and the big exchanges ( because it is anyways printed out of thin air ) and that nonstop influx of deeply discounted USDT is used to play & sway Bitcoin prices as per the whales in cohort with the exchanges need to do to pump up or pump down Bitcoin price to liquidate leveraged long and short positions on an ongoing basis.
People trading crypto , Bitcoin do not know the real scene behind the curtains and they see technicals (charts) and fundamentals (market related news) only.
The day they realize the truth I mentioned above - they will know why most ( 90 % ) of crypto traders do not overall make profits.
Those who buy and hold gems in crypto , make the profits.
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bestspinner
Power Member
- Apr 23, 2019
- 522
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then you should sell your house and short it
seomaster5
Elite Member
- Oct 31, 2021
- 5,162
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No one can tell exact value. The current value is what the buyers are ready to pay. So what you see in exchange is correct price.
- Apr 4, 2014
- 6,502
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How do you know? It can go up and down any time without your "permission".
Even toilet paper costs money to produce?
BTC has 0 intrinsic value.
RedReddington
Regular Member
- May 4, 2020
- 321
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This can’t be further from the truth. Thumbs up
Crescitaly
Banned - Shitlisted and did not do the right thing
- Jan 23, 2022
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Bitcoin will be the online dollar, simply that. Nothing more