Does Bitcoin Have Real Value?
I believe so..
And the video below helps to explain that
How is Bitcoin Price Calculated?
The price of bitcoin is determined by its supply and demand. When demand for bitcoin increases, the price increases, and when demand falls, the price falls. There is only a limited number of BTC in circulation and new bitcoins are created at a predictably diminished rate. Demand must follow this level of inflation to keep the price stable.