Bitcoins true value!

[EddieFx]

We all know that no one can really predict the value of bitcoin. The volatility is to high and we could lose our investment even in a day but with the bloodbath that we experienced few weeks back there are lots of doubts and fears coming in. Is bitcoin's value really manipulated by big whales or is it that most of the investors shifted to a different investment? I really don't know and I think if the whales is conrolling the market we could either earn or lose alot from them doing this, if they want to get rid of their bitcoins they could ruin the whole market.

I think the adoption of bitcoin is increasing everyday, but why is the value is not going on a bullrun? Please enlighten me

[Etude]

The value of Bitcoin is really what is at the current moment displayed in the market price, yes it is so volatile that it changes by the second even in large amounts when very busy market activity is happening. 

Mostly everything is done by a trader is to to reap the most profit in their own personal favor and in most certainly including large market shifts.

[williamshennie9]

The value of bitcoin is determined by supply and demand, so technically it has no value if everyone decides to stop using it. Same with the dollar. If everyone stops using it, it will become worthless, as it is just paper.