Can Bitcoin's value be sustained if its role in facilitating remittances is challenged by more efficient alternatives?

Nov 13, 2018 ... A large part of a cryptocurrency's value is speculative - meaning it's priced at exactly what other people are willing to pay for it. Dec 23, 2022 ... what gives bitcoin value. Is Bitcoin's price fluctuation driving you nuts? Don't understand what on earth determines prices and are therefore ... ... what gives Bitcoin value, however due to its mystical creator and recent headlines with negative connotation, what to really make of it? - In this paper we ... At first, the scammer will make sure to post what looks like a gain on the investment. The scammer may even allow the victim to withdraw money once or twice to ... Jan 16, 2020 ... We find that social sentiment gives a good estimate of how future Bitcoin values may move. We achieve the lowest test RMSE of 434.87 using ... Mar 12, 2025 ... What Could Make Bitcoin Worthless? For bitcoin's value to drop all the way down to zero — from its over $80,000 as of March 11 — it would need ... Oct 17, 2024 ... What Gives Bitcoin Value? · Supply and Demand · Media Sentiment · The Usefulness of Crypto · Public Trust · Mining/Validation Difficulty · Final ... Feb 11, 2021 ... What gives cryptocurrency value? RW: Unlike stocks and bonds, which create cash flows for investors, Bitcoin generates no income. Furthermore, ... Unlike traditional currencies, Bitcoin is not backed by physical assets or government promises. Bitcoin's value comes from scarcity and trust in its ... The value of cryptocurrency is determined by supply and demand, just like anything else that people want. If demand increases faster than supply, the price goes ...