Quote from: Fredomago on February 28, 2022, 07:08:53 AM

Quote from: LUCKMCFLY on February 28, 2022, 06:57:10 AM

Quote from: numberslacey on January 24, 2022, 06:51:56 AM

Quote from: IQnawaz123 on January 17, 2022, 05:13:31 AM

Since Bitcoin does not have any intrinsic value, its value is necessarily intersubjective, depending on how much each trader expects the rest of the market to behave.

Even fiat doesn’t have any intrinsic value. It’s value is set by the government which is clearly not very open to crypto.This is why there’s always a doubt when it comes to cryptocurrencies.

What happens is that the value of BTC to which you refer is very difficult to calculate its intrinsic value, the price is given by mere market speculation, but its value has to be like a kind of appraisal of surplus value, which, always It is very difficult to calculate, however, giving a value right now would be very irresponsible for me because I would not know what I would take, so seeing it from the point of view of value is one thing and price is another, but believe me that if you have an intrinsic value is very large.

It's not ours to evaluate, but for those who's willing to take the risk, I mean or I'm speaking behind the people who would like to invest in this asset; the value is unpredictable and there is always sway that affects the momentum and also mostly affects the investors and traders point of views.

You, as holders or investors, do need to seek for better reason on why you should take this as an asset.

I am also looking for one such reason but I think most of the people are only investing because they don’t want to miss the train.