Wanna learn more about Bitcoin's value. For future purposes. What can you say about this topic? Thanks for the good answer(s).
The current equivalent of bitcoin is gold with the difference that gold has been around for a very long time and it has a gigantic market cap and that is why you dont see the price moving as much as the price of bitcoin moves.
imho bitcoin is kinda mix of gold (if we take gold as an asset) and money. Bitcoin's pricing is very similar to gold's but it is still a currency and can be traded to any other thing. But undoubtedly it's usage as a currency is not yet popular.