What Determines the Price of 1 Bitcoin? - Investopedia

Mark Cuban: "Blockchain is a software that has value and utility. [People] don't really look at the value of blockchains. Bitcoin vs Ethereum vs others."

Original interview: https://youtu.be/wpHGLtohlxM?t=51

Curious to hear what people here think of bitcoin as a sort of hedge to all this recent Fed money printing?
submitted by YourBabyWhale69 to investing [link] [comments]

Cryptocurrency Prices Bitcoin vs Altcoins | Why do Altcoins lose value ?

Cryptocurrency Prices Bitcoin vs Altcoins | Why do Altcoins lose value ? submitted by Kryptos_2018 to Crypto_Currency_News [link] [comments]

Bitcoin projections vs. USD value?

Hey everyone,
I'm trying to learn more about Bitcoin's relationship with the US dollar and wanted to know more about what Bitcoin's future value means.
If I'm not mistaken, Bitcoin is projected to rise 100k+ somewhere over the course of 2021-2022 due to the 21 million limit increasing demand, quantitative easing, among other factors. How will that affect the prices of goods and services? Is this rise more dependent on the increasing demand for Bitcoin or the inflation of the dollar?
I have only recently started learning about Bitcoin so I might not be considering other factors but I appreciate any information regarding Bitcoin's relationship with the dollar after 2021. Thank you.
submitted by DowntownBanana4 to Bitcoin [link] [comments]

Why Bitcoin remains a marginal vehicle for store of value (at best) vs. Gold

There is no doubt that times like these necessitate asset diversification.
Some candidates include Bitcoin (“BTC”) and Gold (“XAU”). We have an on-going debate with one of my best friends about Bitcoin.
He is a firm believer in BTC due to (i) the printing of money by central banks, (ii) the lost of faith in governments and (iii) the technological advantage over traditional gold
[Original post with charts: https://bankeronwheels.com/bitcoin-a-marginal-vehicle-for-store-of-value/ ]
I think of BTC as an electronic version of gold:
Lindy effect – which is most likely to survive?
If you store value, the most important aspect is for the asset class to survive. Made popular by Nicholas Taleb, the Lindy effect states that the future life expectancy of some non-perishable things like a technology or an idea is proportional to their current age, so that every additional period of survival implies a longer remaining life expectancy.
Gold has been around for centuries and will be around in the next decades. As with Bitcoin, the currency may be around or could be replaced by a more efficient one (e.g. from transaction perspective). If you consider some of your savings as a means to secure a future for you and your kids then Gold is much more likely to fulfill this objective – although one needs to be reminded that this both asset classes don’t generate any income and as such can be used as diversifiers and potentially partially rotated into more risky assets when the market turns.
Price stability
If we assume that currently the main use for both is the store of value (BTC is only marginally used as transactional currency) then price stability is key. Gold prices are more stable and largely correlated to (i) real rates (ii) strength of USD and (iii) macro outlook. Arguably, Gold is less prone to price manipulation as one of the most traded assets (daily volumes can be as high as the total market cap of BTC).
It goes without saying that BTC can provide you with better returns as it’s more speculative in nature. The purpose of this blog however is to analyse assets from a savings allocation perspective and thus taking into consideration the risk you’re taking.
Insurance against market crash
While both BTC and XAU increased in value along with other risk assets prior to the crisis, the subsequent drop was much more significant for BTC while XAU only experienced marginal losses due to forced liquidations from investors highlighting the speculative nature of BTC.
As such Gold provides a good insurance policy as long as the crash in not excessively severe in nature – in 2008 Gold has initially dropped in value due to liquidations before rallying.
Another potential diversifiers that act as insurance for equity portfolios are government bonds. Treasuries have also experienced some volatility due to liquidations but are different to BTC and XAU as the FED controls the short term maturity asset yields and now even considering controlling the longer end of the curvesimilar to other countries like Japan or Australia
Doom scenario(s)
Both assets have major issues since Gold can’t be easily transported/accessed in case of a major natural disaster and BTC will miserably fail when electricity is down (earthquake, tsunami etc). Electronic Gold suffers from the same shortcoming hence physical gold has an edge here
Possible Near term Prospects
The technology behind BTC is very powerful. I’d also agree that conceptually is the best form of money that has ever been invented. Regarding BTC, in the end my friend and I will probably meet somewhere in the middle . A marginal part of the receivers of US fiscal measures may invest the cash in BTC. I have seen a large group of anti-establishment people on the West Coast while cycling from Vancouver to San Francisco last summer and there is a likelihood that these people will drive the BTC price up in the near term. However, due mainly to the price stability issue and perceived complexity I am yet to see a significant part of population that would allocate a sizeable part of their savings in BTC. And this brings me to my last point – skin in the game. So far, my friend only allocated a small amount of his net worth to BTC…
[As originally posted with charts on https://bankeronwheels.com/bitcoin-a-marginal-vehicle-for-store-of-value/ ]
submitted by bankeronwheels to Gold [link] [comments]

Cryptocurrency Prices Bitcoin vs Altcoins | Why do Altcoins lose value ?

Cryptocurrency Prices Bitcoin vs Altcoins | Why do Altcoins lose value ? submitted by Kryptos_2018 to CryptoNoobs [link] [comments]

Cryptocurrency Prices Bitcoin vs Altcoins | Why do Altcoins lose value ?

Cryptocurrency Prices Bitcoin vs Altcoins | Why do Altcoins lose value ? submitted by Kryptos_2018 to CryptoNews [link] [comments]

Cryptocurrency Prices Bitcoin vs Altcoins | Why do Altcoins lose value ?

Cryptocurrency Prices Bitcoin vs Altcoins | Why do Altcoins lose value ? submitted by Kryptos_2018 to cryptocurrencynews [link] [comments]

Cryptocurrency Prices Bitcoin vs Altcoins | Why do Altcoins lose value ?

Cryptocurrency Prices Bitcoin vs Altcoins | Why do Altcoins lose value ? submitted by cryptoallbot to cryptoall [link] [comments]

Why Bitcoin remains a marginal vehicle for store of value (at best) vs. Gold

There is no doubt that times like these necessitate asset diversification.
Some candidates include Bitcoin (“BTC”) and Gold (“XAU”). We have an on-going debate with one of my best friends about Bitcoin.
He is a firm believer in BTC due to (i) the printing of money by central banks, (ii) the lost of faith in governments and (iii) the technological advantage over traditional gold
[Original post with charts: https://bankeronwheels.com/bitcoin-a-marginal-vehicle-for-store-of-value/ ]
I think of BTC as an electronic version of gold:

Lindy effect – which is most likely to survive?

If you store value, the most important aspect is for the asset class to survive. Made popular by Nicholas Taleb, the Lindy effect states that the future life expectancy of some non-perishable things like a technology or an idea is proportional to their current age, so that every additional period of survival implies a longer remaining life expectancy.
Gold has been around for centuries and will be around in the next decades. As with Bitcoin, the currency may be around or could be replaced by a more efficient one (e.g. from transaction perspective). If you consider some of your savings as a means to secure a future for you and your kids then Gold is much more likely to fulfill this objective – although one needs to be reminded that this both asset classes don’t generate any income and as such can be used as diversifiers and potentially partially rotated into more risky assets when the market turns.

Price stability

If we assume that currently the main use for both is the store of value (BTC is only marginally used as transactional currency) then price stability is key. Gold prices are more stable and largely correlated to (i) real rates (ii) strength of USD and (iii) macro outlook. Arguably, Gold is less prone to price manipulation as one of the most traded assets (daily volumes can be as high as the total market cap of BTC).
It goes without saying that BTC can provide you with better returns as it’s more speculative in nature. The purpose of this blog however is to analyse assets from a savings allocation perspective and thus taking into consideration the risk you’re taking.

Insurance against market crash

While both BTC and XAU increased in value along with other risk assets prior to the crisis, the subsequent drop was much more significant for BTC while XAU only experienced marginal losses due to forced liquidations from investors highlighting the speculative nature of BTC.
As such Gold provides a good insurance policy as long as the crash in not excessively severe in nature – in 2008 Gold has initially dropped in value due to liquidations before rallying.
Another potential diversifiers that act as insurance for equity portfolios are government bonds. Treasuries have also experienced some volatility due to liquidations but are different to BTC and XAU as the FED controls the short term maturity asset yields and now even considering controlling the longer end of the curvesimilar to other countries like Japan or Australia

Doom scenario(s)

Both assets have major issues since Gold can’t be easily transported/accessed in case of a major natural disaster and BTC will miserably fail when electricity is down (earthquake, tsunami etc). Electronic Gold suffers from the same shortcoming hence physical gold has an edge here

Possible Near term Prospects

The technology behind BTC is very powerful. I’d also agree that conceptually is the best form of money that has ever been invented. Regarding BTC, in the end my friend and I will probably meet somewhere in the middle . A marginal part of the receivers of US fiscal measures may invest the cash in BTC. I have seen a large group of anti-establishment people on the West Coast while cycling from Vancouver to San Francisco last summer and there is a likelihood that these people will drive the BTC price up in the near term. However, due mainly to the price stability issue and perceived complexity I am yet to see a significant part of population that would allocate a sizeable part of their savings in BTC. And this brings me to my last point – skin in the game. So far, my friend only allocated a small amount of his net worth to BTC…
[As originally posted with charts on https://bankeronwheels.com/bitcoin-a-marginal-vehicle-for-store-of-value/ ]
submitted by bankeronwheels to InvestmentEducation [link] [comments]

Why Bitcoin remains a marginal vehicle for store of value (at best) vs. Gold

There is no doubt that times like these necessitate asset diversification.
Some candidates include Bitcoin (“BTC”) and Gold (“XAU”). We have an on-going debate with one of my best friends about Bitcoin.
He is a firm believer in BTC due to (i) the printing of money by central banks, (ii) the lost of faith in governments and (iii) the technological advantage over traditional gold
[Original post with charts: https://bankeronwheels.com/bitcoin-a-marginal-vehicle-for-store-of-value/ ]
I think of BTC as an electronic version of gold:
Lindy effect – which is most likely to survive?
If you store value, the most important aspect is for the asset class to survive. Made popular by Nicholas Taleb, the Lindy effect states that the future life expectancy of some non-perishable things like a technology or an idea is proportional to their current age, so that every additional period of survival implies a longer remaining life expectancy.
Gold has been around for centuries and will be around in the next decades. As with Bitcoin, the currency may be around or could be replaced by a more efficient one (e.g. from transaction perspective). If you consider some of your savings as a means to secure a future for you and your kids then Gold is much more likely to fulfill this objective – although one needs to be reminded that this both asset classes don’t generate any income and as such can be used as diversifiers and potentially partially rotated into more risky assets when the market turns.
Price stability
If we assume that currently the main use for both is the store of value (BTC is only marginally used as transactional currency) then price stability is key. Gold prices are more stable and largely correlated to (i) real rates (ii) strength of USD and (iii) macro outlook. Arguably, Gold is less prone to price manipulation as one of the most traded assets (daily volumes can be as high as the total market cap of BTC).
It goes without saying that BTC can provide you with better returns as it’s more speculative in nature. The purpose of this blog however is to analyse assets from a savings allocation perspective and thus taking into consideration the risk you’re taking.
Insurance against market crash
While both BTC and XAU increased in value along with other risk assets prior to the crisis, the subsequent drop was much more significant for BTC while XAU only experienced marginal losses due to forced liquidations from investors highlighting the speculative nature of BTC.
As such Gold provides a good insurance policy as long as the crash in not excessively severe in nature – in 2008 Gold has initially dropped in value due to liquidations before rallying.
Another potential diversifiers that act as insurance for equity portfolios are government bonds. Treasuries have also experienced some volatility due to liquidations but are different to BTC and XAU as the FED controls the short term maturity asset yields and now even considering controlling the longer end of the curvesimilar to other countries like Japan or Australia
Doom scenario(s)
Both assets have major issues since Gold can’t be easily transported/accessed in case of a major natural disaster and BTC will miserably fail when electricity is down (earthquake, tsunami etc). Electronic Gold suffers from the same shortcoming hence physical gold has an edge here
Possible Near term Prospects
The technology behind BTC is very powerful. I’d also agree that conceptually is the best form of money that has ever been invented. Regarding BTC, in the end my friend and I will probably meet somewhere in the middle . A marginal part of the receivers of US fiscal measures may invest the cash in BTC. I have seen a large group of anti-establishment people on the West Coast while cycling from Vancouver to San Francisco last summer and there is a likelihood that these people will drive the BTC price up in the near term. However, due mainly to the price stability issue and perceived complexity I am yet to see a significant part of population that would allocate a sizeable part of their savings in BTC. And this brings me to my last point – skin in the game. So far, my friend only allocated a small amount of his net worth to BTC…
[As originally posted with charts on https://bankeronwheels.com/bitcoin-a-marginal-vehicle-for-store-of-value/ ]
submitted by bankeronwheels to Commodities [link] [comments]

In this article, we discussed #Bitcoin VS #Gold. Which is better and why a lot of people relate the concept of Bitcoin to Gold, as a store of value.

In this article, we discussed #Bitcoin VS #Gold. Which is better and why a lot of people relate the concept of Bitcoin to Gold, as a store of value. submitted by itsblockchain to CryptoCurrencies [link] [comments]

Bitcoin vs gold? Which store of value do you prefer?

Real gold that you can feel and touch, or digital gold that weighs nothing , which its value can be transferred instantly , anywhere to anyone, whose properties are similar to gold. But it’s pseudo anonymous
submitted by vanadium100 to askaconservative [link] [comments]

This week in Bitcoin - 11-8-2019(Pt. 2)- China, Libra, Defi, Store of value vs MOE, Lightning Network

This week in Bitcoin - 11-8-2019(Pt. 2)- China, Libra, Defi, Store of value vs MOE, Lightning Network submitted by FluidAttitude to btc [link] [comments]

12-28 09:53 - 'Weekly transaction volumes trending upwards through 2H'19 ... Price (white) vs. Transaction Value in BTC (green)' (i.redd.it) by /u/bytetree removed from /r/Bitcoin within 50-60min

Weekly transaction volumes trending upwards through 2H'19 ... Price (white) vs. Transaction Value in BTC (green)
Go1dfish undelete link
unreddit undelete link
Author: bytetree
submitted by removalbot to removalbot [link] [comments]

Twitter poll: Should the Bitcoin ecosystem switch from displaying value in bitcoin to displaying value in milli-bitcoin (mBTC)? Currently $16,950.00 vs. proposed $16.95 per unit.

Twitter poll: Should the Bitcoin ecosystem switch from displaying value in bitcoin to displaying value in milli-bitcoin (mBTC)? Currently $16,950.00 vs. proposed $16.95 per unit. submitted by CoinCadence to Bitcoin [link] [comments]

"Bitcoin" Google Search Trend vs Bitcoin Value [OC]

submitted by SecondNad to dataisbeautiful [link] [comments]

Lots of debate going on regarding Bitcoin as a store of value vs. a medium of exchange. One coin can't do both (not well at least), which is why I propose this project that you probably have not heard of...

VeriCoin / Verium Reserve:

It consists of VeriCoin, which is proof of stake and Verium Reserve which is Proof of Work. Both coins' blockchains are interwoven so you get a system that is fast, cheap to send, and very decentralized since an open wallet earns staking rewards incentivizing all hodlers to be nodes. But this system is also more secure than any old standard POS coin due to the mining from the Verium Reserve Proof of Work Mining chain that is interwoven. The team is also implementing a single wallet to hold both coins as well as provide staking and pooled mining straight from the wallet. Eventually you will even be able to swap VeriCoin and Verium Reserve peer to peer straight from the wallet removing the need for an exchange... just another unnecessary layer of centralization.
In this system, VeriCoin acts as the medium of exchange, Verium Reserve is the store of value. It's a really neat concept, especially considering the market cap is less than 5 Million for both coins combined.
submitted by c0ltieb0y to CryptoCurrency [link] [comments]

Bitcoin Brief - Unhackable Exchanges, Congressman vs Libra, Stock to Flow Value

Bitcoin Brief - Unhackable Exchanges, Congressman vs Libra, Stock to Flow Value submitted by FluidAttitude to btc [link] [comments]

Showdown of Stores of Value: Bitcoin vs. CryptoKitties

Showdown of Stores of Value: Bitcoin vs. CryptoKitties submitted by berndtzl to CryptoCurrency [link] [comments]

Bitcoin Network Activity vs Network Value (with Travis Kling & Hans Hauge) - Dailytube

Bitcoin Network Activity vs Network Value (with Travis Kling & Hans Hauge) - Dailytube submitted by cryptomediame to Bitcoin [link] [comments]

BitcoinMeister - This week in Bitcoin- 11-8-2019(Pt. 2)- China, Libra, Defi, Store of value vs MOE, Lightning Network

BitcoinMeister - This week in Bitcoin- 11-8-2019(Pt. 2)- China, Libra, Defi, Store of value vs MOE, Lightning Network submitted by Yanlii to cryptovideos [link] [comments]

Store of Value vs Usefulness: Or Why Monero Should Outperform Bitcoin

Bitcoin maximalists rest Bitcoin's future value on the expectation that it will maintain or increases purchasing power over the long term (Bitcoin = Store of Value). In an optimistic scenario, maximalists anticipate government adoption in the form of central banks buying Bitcoin in order to support the value of their fiat currencies (Hypberbitcoinization). Many maximalists also support the possibility that monetary systems will revert back to a commodity-based fiat system in which Bitcoin is the commodity instead of gold.
I'm increasingly wary of all three possibilities. The fiat-based USD-as-reserve currency system hasn't triggered a crash to the extent that the previous commodity-based system has (The Great Depression). Some even argue that the gold standard contributed to TGD. We have, however, seen numerous hyperinflation scenarios as a direct result of fiat printing drastically outpacing growth. Central banks in highly developed countries, specifically the US, have thus far managed the debt-based system without major fault. Yes, inflation is a hidden tax that benefits those first introduced to the new money at the expense of those who see it last. How long this system can continue is the question.
If the current system does continue without a paradigm-shifting event, the real value proposition of a cryptocurrency isn't exclusively its SoV, but of its usefulness. As we plunge deeper into a digital, global economy, the old ways of transacting value have increasing limitations. Cryptocurrency presents a solution, which both Bitcoin and Monero satisfy — but Monero to a greater degree. The ability to transact privately without being censored being the primary advantage Monero has over Bitcoin. (Although it's yet to be known whether or not privacy will have any real value.)
If the fiat-based system continues, we should expect all asset classes to generally trend upward. There will be boom and bust cycles, but equities, commodities, and cryptocurrencies should generally increase in value relative to fiat. This is, of course, a generalization. Some cryptocurrencies will die in the same way some corporations (equities) will go bankrupt and dissolve. Some classes will outperform others. Gold could, for example, outperform Bitcoin.
Most things being equal, IF privacy has value, Monero should outperform Bitcoin for that reason. However, if Bitcoin plays a role in a new global financial system paradigm, and privacy has little value, then Bitcoin should massively outperform Monero. Going long on both BTC and XMR is the safe play IMO, with XMR representing a higher percentage of one's portfolio.
My very long shower thought.
submitted by exoticparticle to xmrtrader [link] [comments]

Bitcoin Price Steady, Crypto Spring, BTC Vs Banks, Tezos In Store & Ripple Cross Border bitcoin Price Bitcoin Price Usd Official Video - YouTube Daily Transaction Value (2010 - 2019): BITCOIN vs. ALTCOINS Bitcoin Live Btc Price Liquidation Watch: July 18 2020 ... The Bitcoin Store of Value Myth

Bitcoin does not have an industrial use like gold so it cannot be said to have 'intrinsic value' in this scenario. Divisibility Bitcoins can be rounded to 8 decimal places, known as a Satoshi, and there is room in the code to increase these decimal places even further. Bitcoin vs. Litecoin: An Overview . Over the past several years, public interest in cryptocurrencies has fluctuated dramatically. While digital currencies do not currently inspire the same fervent Unlike traditional fiat currencies, however, there are several key factors that make bitcoin’s value potentially more reliable. First, bitcoins must be mined through computers, which requires an investment of time and money. As it becomes more expensive to mine bitcoins, it is likely that the value of the bitcoins themselves will slowly increase. Bitcoin vs Gold – The Gold Standard A Gold Standard Dollar. Notice It Mentions “Will Pay to the Bearer on Demand” Bitcoin was founded on semi-Austrian economic, Libertarian ideas, and was meant to be something resembling a digital version of gold-backed cash. Bitcoin vs. Ethereum: An Overview Ether (ETH), the cryptocurrency of the Ethereum network, is arguably the second most popular digital token after bitcoin (BTC). Indeed, as the second-largest

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Bitcoin Price Steady, Crypto Spring, BTC Vs Banks, Tezos In Store & Ripple Cross Border

Bitcoin Live Btc Price Liquidation Watch 24/7 Bull vs Bear Pump or Dump Bitcoin Currency Bitcoin is a cryptocurrency. It is a decentralized digital currency without a central bank or single ... Bitcoins Value Proposition by Tone Vays 👉 Subscribe so you don't miss the next one: http://bit.ly/2QKVDdV ️ Watching on replay? Watch my latest video here: ... Bitcoin Price Steady, Crypto Spring, BTC Vs Banks, Tezos In Store & Ripple Cross Border ... Bitcoin Price Soars, Coinbase Crashes, OmiseGo + Tether & Bitcoin True Value - Duration: 32:26. Watch Roger’s new educative video about Economics as he reflects on Dan Hedl’s Twitter post. Be sure to subscribe to his personal YouTube channel! Timestamps: 0:27 - Roger’s opinion about ... -bitcoin price usd -best bitcoin price in united states 2020 -best bitcoin price prediction 2020 So you would like to know more about bitcoin price, I did too and here is the video that I created ...

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