1. Why is Bitcoin tied to Fiat?
2. Why is Bitcoin value moving like a stock? satoshi said the value will be derived by the limit of total coins. But we are seeing the opposite.
3. Why dont we mathematically calculate the value of bitcoin according to the amount of bitcoin mined?
Like
Agreed Value * Bitcoins Mined = New Value
0.0010 * 1 = 0.0010
0.0010 * 2 = 0.0020
1. How can you actually determine how much is 1 bitcoin? Can you tell that bitcoin is worth of 100 grams of gold? Of course, it isn't what you think. Bitcoin is tied because dollar is the determinant of how much is 1 bitcoin so people will know and see how it's worthy.
2. Yes the limit is always be on a consideration but the demand and supply are still we look up. These two can't have the separate ways.
3. Think logically.
How you come up with 0.0010 agreed value?