 Investment › Re: Opportunity Knocks!!! Daily Freedom Challenge by Softcash(op): 7:32pm On Mar 19, 2019 |
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| Investment › Why Does Bitcoin Have Value And How Does It Price Determined? by Softcash(op): 11:20am On Mar 19, 2019 |
As a growing number of people become aware of and interested in Bitcoin --especially when the price tends to increase-- we often get asked:
“Why exactly does Bitcoin have value?”
money-gold-coins-value
Many people find it difficult to grasp how something which only exists digitally can have any value at all.
Economics 101
The answer to this question is rather simple and it lies in basic economics: scarcity, utility, supply, and demand.
By definition, if something is both rare (scarce) and useful (utility) it must have value and demand a specific price, with all other things being equal.
Take gold, for example. Why does gold cost as much as it does? Put simply, it is relatively expensive because it is rare, hard to find and limited in supply (scarcity). Gold also has some uses to which consumers derive satisfaction from (utility).
The combination of these two elements creates value by which price is determined based on the market’s supply and demand.
So what does this all have to do with Bitcoin?
Like gold, Bitcoin is also scarce: its supply is limited. There are currently just over 16.2m Bitcoin in circulation and the maximum that will ever exist is capped at 21 million. This set cap is well known, making its scarcity transparent.
However, to have value, Bitcoin must also be useful. Bitcoin creates utility in a number of ways.
Like gold, Bitcoin is perfectly fungible (one Bitcoin is similar to another), it is divisible (you can pay someone a small fraction of Bitcoin, should you want to) and easily verifiable (via the Blockchain).
gold
Bitcoin is not just scarce, it also has utility
Bitcoin also has other desirable properties. It is fast, borderless and decentralised with the potential to change the financial world for better. Not only does it currently have value as a payment system, but also as an asset class (a store of wealth). It is also useful because it is built on open protocols, meaning, anyone can innovate on top of it and make the system better.
Bitcoin also has undeniable utility even when compared to other, newer cryptocurrencies. There is simply no other cryptocurrency that is as widely used and integrated at this point in time. Through network effects, we’re starting to see exponential growth, which creates value as more and more people start using Bitcoin and more merchants accepting it as a means of payment.
Today, there are already thousands of merchants around the world accepting Bitcoin as a means of payment, thus proving the growing usefulness of it.
Take telephones, for example. When the first telephone came out, it had very little value in that hardly anyone used it yet. However, as more and more people started using it, the usefulness grew exponentially.
The same is true for Bitcoin: the more people who start using and understanding it, the more useful it will become to everyone else.
How the price of Bitcoin is determined
The price of Bitcoin is not the same as its value. Price is determined by the market in which it trades: by means of supply and demand. This is the same way the price of your secondhand car, a bag of apples in the supermarket, an ounce of gold and just about everything else is determined.
Traders with bank accounts in our supported countries can trade Bitcoin on the Luno Exchange, which sets the specific price at a specific time for a specific market. Luno doesn’t set the price: the traders (buying and selling on Luno) do.
exchange graph
Put simply, it is the ongoing interaction between buyers and sellers trading with each other that determines the specific price of Bitcoin (and everything else).
However, when determining price, one must also consider the amount that buyers are currently willing to pay for the future value of a specific item. In other words, if the market believes the price of something --like property, a certain stock or Bitcoin-- will increase in the future, they are more likely to pay more for it now.
Some of the instances where Bitcoin currently has utility was mentioned above, but since Bitcoin is an evolving and improving technology, many are optimistic that there are many other use cases to come. Some, perhaps, that we haven’t even thought of yet.
Why does the price change so often?
This is called volatility and it’s not only Bitcoin exchange rate that seems to change from day to day. The price of many things, such as stocks, currencies, oil and many other products, can be quite volatile: moving up and down a lot against a base currency (such as the US dollar).
The total Bitcoin market is still relatively small when compared to other industries. It doesn't take significant amounts of money to move the market price up or down, thus the price of a Bitcoin is still somewhat volatile.
That said, the volatility of Bitcoin has consistently been going down and it has become much more stable in recent times.
How has the price of Bitcoin changed over time?
We created a Bitcoin Price Calculator page, where you can see what price of Bitcoin was with Luno at any time in the past.
all time price of BTC
So, there you have it. In a nutshell: if something is both useful and scarce, it will demand value and a price. Bitcoin is both useful and scarce, so it has a value and a price, determined by supply and demand. And remember that the value of Bitcoin and the price of Bitcoin are not synonymous. |
| Investment › Re: Opportunity Knocks!!! Daily Freedom Challenge by Softcash(op): 11:02am On Mar 19, 2019 |
Softcash:
Having been searching on how to earn online legitimately, I came across this platform. Newly launched!
After reading this register with the first link on my signature or drop your email for more info.
Earnings and payout proff also there.
Our Best Propositions for You!
In today's world, so many people are struggling. They need a way to be able to lift themselves and their families out of their situations and into a better way of life. DFC is just the vehicle to do just that. For only $0.20 cents, a person can join our community, and become financially blessed in a very short time! Even those that do not have the $0.20 cents will be welcomed and taken care of. DFC is here, now, and ready to help YOU! Join with us today and know true financial freedom!
Awesome Things About DFC
Anyone can join
The Unemployed, retirees, college students, people who need extra income, financial need, who wants to earn bitcoin.
Fast and Simple
Our 2x2 Follow me matrix, you will be in and out in no time. Just by inviting 2 people and help them get 2, it will roll.
Speedy Donations
With the low cost of $0.20c, many people will join our program and you will receive your donations in no time.
Get Out of Debt
Our mission is to help people get out of debt. This is why we are starting at a very low cost which allows you to leverage easily in our system.
Best Industry Leader
With our plan, many leaders are joining our program and brining in their teams. This is why you should join us and get started now.
24/7 Online Support
If you have any questions, please contact us using the form. We will get back with you as soon as possible.
[/b]Steps to registration[b]
1. Must have PayPal account
2. Must have a Bitcoin wallet
3. Or you have only Bitcoin wallet that has Bitcoin in it.
4. Do the registration: ask privately for the link
5. Fund your account with $0.20 to the first level or the person that refer you do it for you.
6. Start referring people. You can refer the minimum of two peoples, but if possible refer you can refer as many as possible.
7. After referring is done, theirs what we call PIF (Pay-It-Forward) is a system where you pay for your referrals by clicking on referrals on the website and go to the extreme edge you will find PIF or Sponsor if you did that is sponsor that means the person has paid but if you find PIF the referral has not paid yet. So, you can paid for the person.
[/b]Withdraw[b]
Talking about withdraw the minimum payout is $10 and it would be pay as Bitcoin to Bitcoin wallet that why you must have Bitcoin wallet, and the PayPal account is the simplest way way of funding your account.
Though, you have to invest but not much just $0.20(#73) and perform of simple tasks.
Due to the rules and regulations on this platform am not permitted to post link for registration but their two ways we can make that happen. Either you drop your mail and I send the link to you both the registration link and Telegram link to chat for more info or chat me on Whatsapp:09078433470 or register with the first link on my signature.
Make the real decision now. |
| Business › Re: Opportunity Knocks!!! Daily Freedom Challenge by Softcash(op): 11:02am On Mar 19, 2019 |
Softcash:
Having been searching on how to earn online legitimately, I came across this platform. Newly launched!
After reading this register with the first link on my signature or drop your email for more information.
Earnings and payout proff also there.
Our Best Propositions for You!
In today's world, so many people are struggling. They need a way to be able to lift themselves and their families out of their situations and into a better way of life. DFC is just the vehicle to do just that. For only $0.20 cents, a person can join our community, and become financially blessed in a very short time! Even those that do not have the $0.20 cents will be welcomed and taken care of. DFC is here, now, and ready to help YOU! Join with us today and know true financial freedom!
Awesome Things About DFC
Anyone can join
The Unemployed, retirees, college students, people who need extra income, financial need, who wants to earn bitcoin.
Fast and Simple
Our 2x2 Follow me matrix, you will be in and out in no time. Just by inviting 2 people and help them get 2, it will roll.
Speedy Donations
With the low cost of $0.20c, many people will join our program and you will receive your donations in no time.
Get Out of Debt
Our mission is to help people get out of debt. This is why we are starting at a very low cost which allows you to leverage easily in our system.
Best Industry Leader
With our plan, many leaders are joining our program and brining in their teams. This is why you should join us and get started now.
24/7 Online Support
If you have any questions, please contact us using the form. We will get back with you as soon as possible.
[/b]Steps to registration[b]
1. Must have PayPal account
2. Must have a Bitcoin wallet
3. Or you have only Bitcoin wallet that has Bitcoin in it.
4. Do the registration: ask privately for the link
5. Fund your account with $0.20 to the first level or the person that refer you do it for you.
6. Start referring people. You can refer the minimum of two peoples, but if possible refer you can refer as many as possible.
7. After referring is done, theirs what we call PIF (Pay-It-Forward) is a system where you pay for your referrals by clicking on referrals on the website and go to the extreme edge you will find PIF or Sponsor if you did that is sponsor that means the person has paid but if you find PIF the referral has not paid yet. So, you can paid for the person.
[/b]Withdraw[b]
Talking about withdraw the minimum payout is $10 and it would be pay as Bitcoin to Bitcoin wallet that why you must have Bitcoin wallet, and the PayPal account is the simplest way way of funding your account.
Though, you have to invest but not much just $0.20(#73) and perform of simple tasks.
Due to the rules and regulations on this platform am not permitted to post link for registration but their two ways we can make that happen. Either you drop your mail and I send the link to you both the registration link and Telegram link to chat for more info or chat me on Whatsapp:09078433470 or register with the first link on my signature.
Make the real decision now. |
| Business › Re: Opportunity Knocks!!! Daily Freedom Challenge by Softcash(op): 7:35pm On Mar 18, 2019 |
Softcash:
Jossy:
Tell me. How can someone earning more than $20 in just two days agrees to a company force matrix? Definitely no way. Earning $18 in less than 2 days no doubt shows the chasm between having a good functional team and having a bad one.
So how can we help others whom their team members are not helping out? Many if not all their team members has resigned. How can this ones be assisted?
This program was supposed to be for everyone "especially those who does not have referring/marketing skills". That was our objective right from the onset.
But now, those with marketing skills has taken over the system �����.
How can we help the struggling ones who has help themselves with few referrals but their referrals are not doing anything?
How can we help those ones in order to reduce the chasm between having a good team and having a bad one? |
| Investment › Re: Opportunity Knocks!!! Daily Freedom Challenge by Softcash(op): 7:33pm On Mar 18, 2019 |
Softcash:
Jossy:
Tell me. How can someone earning more than $20 in just two days agrees to a company force matrix? Definitely no way. Earning $18 in less than 2 days no doubt shows the chasm between having a good functional team and having a bad one.
So how can we help others whom their team members are not helping out? Many if not all their team members has resigned. How can this ones be assisted?
This program was supposed to be for everyone "especially those who does not have referring/marketing skills". That was our objective right from the onset.
But now, those with marketing skills has taken over the system �����.
How can we help the struggling ones who has help themselves with few referrals but their referrals are not doing anything?
How can we help those ones in order to reduce the chasm between having a good team and having a bad one? |
| Investment › Re: Opportunity Knocks!!! Daily Freedom Challenge by Softcash(op): 9:46am On Mar 18, 2019 |
Jossy:
Tell me. How can someone earning more than $20 in just two days agrees to a company force matrix? Definitely no way. Earning $18 in less than 2 days no doubt shows the chasm between having a good functional team and having a bad one.
So how can we help others whom their team members are not helping out? Many if not all their team members has resigned. How can this ones be assisted?
This program was supposed to be for everyone "especially those who does not have referring/marketing skills". That was our objective right from the onset.
But now, those with marketing skills has taken over the system �����.
How can we help the struggling ones who has help themselves with few referrals but their referrals are not doing anything?
How can we help those ones in order to reduce the chasm between having a good team and having a bad one? |
| Business › Re: Opportunity Knocks!!! Daily Freedom Challenge by Softcash(op): 9:45am On Mar 18, 2019 |
Jossy:
Tell me. How can someone earning more than $20 in just two days agrees to a company force matrix? Definitely no way. Earning $18 in less than 2 days no doubt shows the chasm between having a good functional team and having a bad one.
So how can we help others whom their team members are not helping out? Many if not all their team members has resigned. How can this ones be assisted?
This program was supposed to be for everyone "especially those who does not have referring/marketing skills". That was our objective right from the onset.
But now, those with marketing skills has taken over the system �����.
How can we help the struggling ones who has help themselves with few referrals but their referrals are not doing anything?
How can we help those ones in order to reduce the chasm between having a good team and having a bad one? |
| Career › Re: Masters Scholarship In The UK Vs N500k Monthly Job In Nigeria by Softcash(m): 1:26pm On Mar 17, 2019 |
Trolla:
Have you begun your residency?, why not take the masters offer and do your plab exams during the course of the masters, you know plab right?
by the time you're done with the masters and you hopefully pass the part1 and part2 exams, it will be easy to either begin your residency there or get outright employment pending when you want to begin residency...kill two birds with one stone 500k? Why not stay home rather than pursing UK master? What is the assurance that the UK master pursing won't turn him to slave over their? |
| Business › Re: Opportunity Knocks!!! Daily Freedom Challenge by Softcash(op): 11:45am On Mar 17, 2019 |
Good morning |
| Investment › Re: Opportunity Knocks!!! Daily Freedom Challenge by Softcash(op): 11:45am On Mar 17, 2019 |
Good morning |
| Education › Re: University Admission Offer Vs Nigeria Air Force Recruitment Offer by Softcash(m): 8:03pm On Mar 16, 2019 |
princeFAD:
Shortlist is not a guarantee of employment. So still continue with you school program for the meantime. Meanwhile if it ends up you are employed, I will advise you to take the job. You can change your study to part-time.
Lots of graduates are looking for even common N-power. So the air force job will be a good opportunity for you. About 5,207 shortlisted candidates? |
| Education › Re: University Admission Offer Vs Nigeria Air Force Recruitment Offer by Softcash(m): 8:00pm On Mar 16, 2019 |
2emgee:
That job will not wait for you so i advice you take it and you can proceed to further your accademics while you are alraedy working as an air force officer. Moreso, what guarantee do you have that you are going to get a job immediately after NYSC? And what is the guarantee that he would definitely get that job in about 5,207 shortlisted candidates? |
| Education › Re: University Admission Offer Vs Nigeria Air Force Recruitment Offer by Softcash(m): 7:58pm On Mar 16, 2019 |
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| Investment › Re: 3 Nigeria's Most Trusted Websites To Buy And Sell Bitcoin, Perfectmoney & Others by Softcash(m): 7:54pm On Mar 16, 2019 |
What about LUNO |
| Investment › Re: Opportunity Knocks!!! Daily Freedom Challenge by Softcash(op): 7:31pm On Mar 16, 2019 |
Evening |
| Business › Re: Opportunity Knocks!!! Daily Freedom Challenge by Softcash(op): 7:30pm On Mar 16, 2019 |
Evening |
| Business › Re: Opportunity Knocks!!! Daily Freedom Challenge by Softcash(op): 1:17pm On Mar 16, 2019 |
Good morning |
| Investment › Re: Opportunity Knocks!!! Daily Freedom Challenge by Softcash(op): 1:16pm On Mar 16, 2019 |
Good morning |
| Investment › Re: Opportunity Knocks!!! Daily Freedom Challenge by Softcash(op): 1:08pm On Mar 15, 2019 |
Good Afternoon |
| Business › Re: Opportunity Knocks!!! Daily Freedom Challenge by Softcash(op): 1:08pm On Mar 15, 2019 |
Good Afternoon |
| Business › Re: Opportunity Knocks!!! Daily Freedom Challenge by Softcash(op): 8:01pm On Mar 14, 2019 |
[/b][/color]This is my sponsor withdrawal proof[color=#550000][b] 
|
| Investment › Re: Opportunity Knocks!!! Daily Freedom Challenge by Softcash(op): 7:58pm On Mar 14, 2019 |
[/b][/color]This is my sponsor withdrawal proof[color=#550000][b] 
|
| Investment › Re: How To Earn Money Online, No Referral All You Need Is A Smartphone And Data by Softcash(m): 12:07pm On Mar 14, 2019 |
09078433470 |
| Business › Re: Opportunity Knocks!!! Daily Freedom Challenge by Softcash(op): 10:14am On Mar 14, 2019 |
Good morning |
| Investment › Re: Opportunity Knocks!!! Daily Freedom Challenge by Softcash(op): 10:10am On Mar 14, 2019 |
Bro keep smelling, until more came out.
I don't beg you to be rich is your choice. |
| Investment › Re: Opportunity Knocks!!! Daily Freedom Challenge by Softcash(op): 7:36pm On Mar 13, 2019 |
Are you still doubting it ?
This are earnings and payouts 
|
| Business › Re: Opportunity Knocks!!! Daily Freedom Challenge by Softcash(op): 7:30pm On Mar 13, 2019 |
Are you still doubting it ?
This are earnings and payouts 
|
| Business › Re: Opportunity Knocks!!! Daily Freedom Challenge by Softcash(op): 12:44pm On Mar 12, 2019 |
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| Investment › Re: Opportunity Knocks!!! Daily Freedom Challenge by Softcash(op): 12:43pm On Mar 12, 2019 |
MaddySav:
Ponzi scheme mlm matrics
Stay away from these miscreants If you know you are not interested kust keep your way |
| Business › Re: Opportunity Knocks!!! Daily Freedom Challenge by Softcash(op): 8:38pm On Mar 11, 2019 |
Softcash:
Having been searching on how to earn online legitimately, I came across this platform. Newly launched!
After reading this register with the first link on my signature.
Our Best Propositions for You!
In today's world, so many people are struggling. They need a way to be able to lift themselves and their families out of their situations and into a better way of life. DFC is just the vehicle to do just that. For only $0.20 cents, a person can join our community, and become financially blessed in a very short time! Even those that do not have the $0.20 cents will be welcomed and taken care of. DFC is here, now, and ready to help YOU! Join with us today and know true financial freedom!
Awesome Things About DFC
Anyone can join
The Unemployed, retirees, college students, people who need extra income, financial need, who wants to earn bitcoin.
Fast and Simple
Our 2x2 Follow me matrix, you will be in and out in no time. Just by inviting 2 people and help them get 2, it will roll.
Speedy Donations
With the low cost of $0.20c, many people will join our program and you will receive your donations in no time.
Get Out of Debt
Our mission is to help people get out of debt. This is why we are starting at a very low cost which allows you to leverage easily in our system.
Best Industry Leader
With our plan, many leaders are joining our program and brining in their teams. This is why you should join us and get started now.
24/7 Online Support
If you have any questions, please contact us using the form. We will get back with you as soon as possible.
[/b]Steps to registration[b]
1. Must have PayPal account
2. Must have a Bitcoin wallet
3. Or you have only Bitcoin wallet that has Bitcoin in it.
4. Do the registration: ask privately for the link
5. Fund your account with $0.20 to the first level or the person that refer you do it for you.
6. Start referring people. You can refer the minimum of two peoples, but if possible refer you can refer as many as possible.
7. After referring is done, theirs what we call PIF (Pay-It-Forward) is a system where you pay for your referrals by clicking on referrals on the website and go to the extreme edge you will find PIF or Sponsor if you did that is sponsor that means the person has paid but if you find PIF the referral has not paid yet. So, you can paid for the person.
[/b]Withdraw[b]
Talking about withdraw the minimum payout is $10 and it would be pay as Bitcoin to Bitcoin wallet that why you must have Bitcoin wallet, and the PayPal account is the simplest way way of funding your account.
Though, you have to invest but not much just $0.20(#73) and perform of simple tasks.
Due to the rules and regulations on this platform am not permitted to post link for registration but their two ways we can make that happen. Either you drop your mail and I send the link to you both the registration link and Telegram link to chat for more info or chat me on Whatsapp:09078433470 or register with the first link on my signature.
Make the real decision now. |
| Investment › Re: Opportunity Knocks!!! Daily Freedom Challenge by Softcash(op): 8:38pm On Mar 11, 2019 |
Softcash:
Having been searching on how to earn online legitimately, I came across this platform. Newly launched!
After reading this register with the first link on my signature.
Our Best Propositions for You!
In today's world, so many people are struggling. They need a way to be able to lift themselves and their families out of their situations and into a better way of life. DFC is just the vehicle to do just that. For only $0.20 cents, a person can join our community, and become financially blessed in a very short time! Even those that do not have the $0.20 cents will be welcomed and taken care of. DFC is here, now, and ready to help YOU! Join with us today and know true financial freedom!
Awesome Things About DFC
Anyone can join
The Unemployed, retirees, college students, people who need extra income, financial need, who wants to earn bitcoin.
Fast and Simple
Our 2x2 Follow me matrix, you will be in and out in no time. Just by inviting 2 people and help them get 2, it will roll.
Speedy Donations
With the low cost of $0.20c, many people will join our program and you will receive your donations in no time.
Get Out of Debt
Our mission is to help people get out of debt. This is why we are starting at a very low cost which allows you to leverage easily in our system.
Best Industry Leader
With our plan, many leaders are joining our program and brining in their teams. This is why you should join us and get started now.
24/7 Online Support
If you have any questions, please contact us using the form. We will get back with you as soon as possible.
[/b]Steps to registration[b]
1. Must have PayPal account
2. Must have a Bitcoin wallet
3. Or you have only Bitcoin wallet that has Bitcoin in it.
4. Do the registration: ask privately for the link
5. Fund your account with $0.20 to the first level or the person that refer you do it for you.
6. Start referring people. You can refer the minimum of two peoples, but if possible refer you can refer as many as possible.
7. After referring is done, theirs what we call PIF (Pay-It-Forward) is a system where you pay for your referrals by clicking on referrals on the website and go to the extreme edge you will find PIF or Sponsor if you did that is sponsor that means the person has paid but if you find PIF the referral has not paid yet. So, you can paid for the person.
[/b]Withdraw[b]
Talking about withdraw the minimum payout is $10 and it would be pay as Bitcoin to Bitcoin wallet that why you must have Bitcoin wallet, and the PayPal account is the simplest way way of funding your account.
Though, you have to invest but not much just $0.20(#73) and perform of simple tasks.
Due to the rules and regulations on this platform am not permitted to post link for registration but their two ways we can make that happen. Either you drop your mail and I send the link to you both the registration link and Telegram link to chat for more info or chat me on Whatsapp:09078433470 or register with the first link on my signature.
Make the real decision now. |
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