Hi,
What is the true value of BTC. If we take aside supply/demand and focus on the amount it costs to produce 1 BTC in terms of mining costs, what is that value and how do we calculate that?
Thanks
To know the value or worth of any commodity demand and supply is important ,because is when there's demand that producer will produce more good and supply them. And for bitcoin it will be difficult to calculate the value because the price is not stable,well the miners may be able to calculate the cost of mining by calculating cost of electricity or fuel for generator,or any other thing they use for the mining.