I've just watched the John Oliver show about cryptocurrencies and something struck me about what he said:
" like most currencies, the fundamental reason that bitcoin has value is that people agree that it has value"
I just want to know your thoughts on this. I only have a little understanding about the idea of currency and its value although i've already been at it all my life. Im new into this kind currency and right now its plumetting.
Bitcoin value it changes everytime it is not permanent nit like a paper money it's value is permanent and stable
I think no one can predict the value of bitcoin, now and then it's going up and down.Bitcoin at present is doing well and this is a big impact to the value at present because the value of bitcoin depends on the status of bitcoin at present..And we're hoping that the value of bitcoin in the next month wil be on the highest value..