Anyone noticed that the value of Bitcoin has risen quite a lot the last half year, regardless the price of bitcoin?
Whoa what do you mean by that? The price is the measure of how valuable a Bitcoin is, isn't it? I don't seem to be getting what you're trying to say here. Please enlighten us, man

The utility of bitcoin is the sum of the benefits derived from its applications by its users.
The value of bitcoin is the size of its transactional economy over a given period.
The price of bitcoin is wherever the market happens to clear.
Only in the case of perfectly rational actors under perfectly efficient condtions will these three coincide.
I don't agree, this is just delusional stuff you are talking, a value of a bitcoin is exactly what it can be exchanged for (in terms of goods and services) compared to what can a dollar (or gold, Euro, Yen...) be exchanged for.
Edit: with this logic: gold has no value and a visa card have more value than a Bitcoin.... see this is just horseshit.
No ... that is the PRICE of Bitcoin, not is VALUE, they are two totally different things (and WORTH is different thing all together again)
PRICE is arrived at often where supply meets demand, and the demand of something comes from how much VALUE is placed on it by people -VALUE is usually quite subjective whilst PRICE is not.
SUPPLY - DEMAND
VALUE - PRICE
PRICE is what you pay and VALUE is what you get.
This is stuff people should learn in high school and I cannot believe this conversation is happening at all tbh
I don't care what they taught you in school but a value of a thing is what it can be exchanged for (which in our age is compared to the currency we use)...the price is defined by supply and demand.
your logic is the following: a horse shit value is very high because it can be used for agricultural needs, but because there is no demand and the supply is high the value didn't meet the price, is that what you want to teach me ?
LET'S face it. You cannot be taught...... YOU have already demonstrated that Over and over and over and over and over. That is part of the reason that you are RETARDED!!! such sad
so embarrassed
much cry




