Post
Topic
Board Bitcoin Discussion
Re: What factors influence the value of Bitcoin?
by
Bitcoin_bullish
on 04/12/2020, 09:09:55 UTC
what do you think about factors that influence the value of Bitcoin? Huh If I say well it will be Mining and Trading.


We can say that the real value of Bitcoin in total will be a lot higher in the future because of the increase in adoption which is driven by demand.
If you look closely we are at a beginning of a cycle that is fueled by institutional demand. If retail demand follows it will help Bitcoin rise in value.
It will mean better value for the brand BTC, better recognition, better understanding, and more applications of Bitcoin.
We know the current price of Bitcoin but the value is something hard to measure. Many believe that the value of Bitcoin is exponentially higher than that we have as price today.
Mining and trading are important, but they are not the fundamental values of Bitcoin.
What Bitcoin has and will keep giving is very difficult to calculate in price terms.