Who decides on the value of bitcoin? And does price value outweigh intrinsic value? The value of Bitcoin is decided by those that interact with the system. From miners, investors, traders, Bitcoin News, financial institutions, banks, blockchain projects, you name it, they all affect the value. When I say value in this context, I am talking about price. This ‘price’, is based on supply and demand, which moves the bitcoin price up or down dependent on these interactions. But what does value mean? Does the price value of bitcoin reflect the true value? And can ‘value’ be defined as something other than price? In this video, I break down and explain the difference between the price value of bitcoin, and the intrinsic value of bitcoin. 📰 Stay in the loop with our FREE weekly newsletter https://ift.tt/341Y9AW ✌🏼 Social Media Twitter https://twitter.com/Cryptos_Aus Instagram https://ift.tt/2tGXCDI Facebook https://ift.tt/2HcMer1 Reddit https://ift.tt/2tHk6Ew Pinterest https://ift.tt/2H6kFjc Linkedin https://ift.tt/2tHk7s4 ✅ Our Cryptocurrency Investment Beginner Training course https://ift.tt/2Aoqnrw 🐨 Cryptocurrency Australia Official Site https://ift.tt/2FzDiN0 👕 Our crypto merch store https://ift.tt/3492cvr 💰 Check out CoinSpot for a friendly Australian Exchange https://ift.tt/2rhpyNv 💎 Get a huge range of Altcoins with Binance https://ift.tt/2AoqmUu 🔐 My hardware wallet is a Nano Ledger S https://ift.tt/2TEn20l 🔑 I also use the Trezor Hardware Wallet https://ift.tt/2AoqnYy 📩 For CCA Media business enquiries, please contact us at https://ift.tt/2BmbwzG 🔳 For Blockchain Project Consulting; https://ift.tt/349LuMs #Bitcoin #Bitcoinvalue #ValueofBitcoin 📜 Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Cryptocurrency Australia Media, or the author, may have holdings in the cryptocurrencies discussed. Liability limited by a Scheme Approved Under Professional Standards Legislation.Referrals and affiliate links do earn us commissions but they are products or services we personally use and would not endorse if we did not believe in them.
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