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Topic: Are bitcoins valuable? - page 21. (Read 1795 times)

sr. member
Activity: 476
Merit: 259
July 06, 2018, 08:37:16 AM
#45
The beauty thing about bitcoin is that it doesn't have any real value- but it's value is being determined by the amount that people are willing to pay for it, not like traditional currencies, that there price is being determined only by the amount of money that is backed by the government- so if the government or the organization that backs that currency stops backing it- then the currency becomes worthless.

On the other hand if we talk about an asset that is backed by the people- it's fully decentralized, so we can conclude that the fact that bitcoin is not being backed by anybody means it is not only decentralized on the technical aspect, it is also decentralized on the financial aspect.
full member
Activity: 434
Merit: 108
July 06, 2018, 08:36:47 AM
#44
The value of bitcoin was appreciated by those who owned bitcoin since 2008. They're very rich now. If you want to feel the value, buy bitcoin now and continue this dialogue with you in 5 years. During this time, I am sure bitcoin will grow several times.
newbie
Activity: 151
Merit: 0
July 06, 2018, 08:36:37 AM
#43
In the past and recently, there are some who say bad about bitcoin, that bitcoin has no real value, there is no guarantee of value and assumes that the price will be zero. But everyone should know that the property other things like gold, silver or even money in your pocket are valued by the trust of the people with the central bank. Some countries do not manage the currency like venezuela or zimbabwe paper money fell dramatically. To me, the value of bitcoin is trust in algorithms and trust for network consensus. This belief is very certain because the network of bitcoin is extremely reliable. What is your thought like?

Yes, you are right. Bitcoin is valuable because it can be relied upon to make a profit and is very appropriate for investment. I believe with bitcoin can brighten my future.
newbie
Activity: 121
Merit: 0
July 06, 2018, 08:34:05 AM
#42
It is valuable today as a great investing asset but not much as a currency because still bitcoin is new to the world so time plays an important role for the world to understand it's true potentials and if that happens it will be really valuable in the future   
member
Activity: 448
Merit: 10
July 06, 2018, 08:26:49 AM
#41
whether it has a low price or not, it is still valuable for the one who strive hard to get it.
full member
Activity: 598
Merit: 100
July 06, 2018, 08:19:11 AM
#40
I assert that bitcoin has a lot of bitcoin values that can give you profit as well as it gives you the ability to trade
Yes and bitcoin is become valuable in so many ways in the future.The value will increase so that we can used bitcoin in any other aspect of it.And it may become more valuable in the long run that bitcoin will gives us profit not only in trade but also in many transactions online.Bitcoin will be used as our virtual currency in the future and that's what make bitcoin more vauable.
newbie
Activity: 182
Merit: 0
July 06, 2018, 08:14:05 AM
#39
I assert that bitcoin has a lot of bitcoin values that can give you profit as well as it gives you the ability to trade
member
Activity: 148
Merit: 10
July 06, 2018, 08:08:53 AM
#38
Yes, bitcoin is so valuable. Bitcoin is the number one coin in the cryptocurrency world. Many coins depends in bitcoin price. In the  past years bitcoin still managing it's in the market. Although  bitcoin price are going up and down. It is still progressive and doing good in terms of market stability.
member
Activity: 238
Merit: 11
July 06, 2018, 08:04:16 AM
#37
It definitely is, well at least at my own personal point.
It has a considerably high price (comparing at the past years since its introduction) at the moment and has a really great potential of gaining higher price value at the future.
Cryptocurrencies are the future of money and traditional fiat, bitcoin is the forerunner of it.
drm
legendary
Activity: 1176
Merit: 1005
July 06, 2018, 07:57:04 AM
#36
In the past and recently, there are some who say bad about bitcoin, that bitcoin has no real value, there is no guarantee of value and assumes that the price will be zero. But everyone should know that the property other things like gold, silver or even money in your pocket are valued by the trust of the people with the central bank. Some countries do not manage the currency like venezuela or zimbabwe paper money fell dramatically. To me, the value of bitcoin is trust in algorithms and trust for network consensus. This belief is very certain because the network of bitcoin is extremely reliable. What is your thought like?

Why this thread, the price reflects how people value btc.
newbie
Activity: 182
Merit: 0
July 06, 2018, 07:56:57 AM
#35
Of course, yes, looking at the history of bitcoins, we see that even in the present and in the future it is still the most valuable coin in the crypto.
newbie
Activity: 29
Merit: 0
July 06, 2018, 07:56:29 AM
#34
Bitcoin was valuable when it is less than $1000 and it is still very valuable now that it is over $6000, Bitcoins will continue to be valuable just like gold.
sr. member
Activity: 574
Merit: 267
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July 06, 2018, 07:54:45 AM
#33
If the community continues to develop, then the value of bitcoin will be higher and higher. Although bitcoin is a virtual currency, it is a network consensus and has strong support.
Bitcoin was valuable, if not I think bitcoin will not reach this point where people get their attention and tend to invest here more. It is valuable to the point that it can help you in your financial need in life. Maybe those people have a bad experience im the cryptoworld so they come up with that thoughts that bitcoin was not valuable. As you experience its benifits I think poeple will change their minds.
member
Activity: 525
Merit: 10
July 06, 2018, 07:50:20 AM
#32
In the past and recently, there are some who say bad about bitcoin, that bitcoin has no real value, there is no guarantee of value and assumes that the price will be zero. But everyone should know that the property other things like gold, silver or even money in your pocket are valued by the trust of the people with the central bank. Some countries do not manage the currency like venezuela or zimbabwe paper money fell dramatically. To me, the value of bitcoin is trust in algorithms and trust for network consensus. This belief is very certain because the network of bitcoin is extremely reliable. What is your thought like?

They do not understand and have confidence in bitcoin so they say bitcoin is worthless, and they are too scared of their own thoughts. Most importantly, very valuable bitcoins can provide real benefits, and in the future bitcoin will be worth more because more people will believe in bitcoin.
member
Activity: 134
Merit: 18
July 06, 2018, 07:46:30 AM
#31
In the past and recently, there are some who say bad about bitcoin, that bitcoin has no real value, there is no guarantee of value and assumes that the price will be zero. But everyone should know that the property other things like gold, silver or even money in your pocket are valued by the trust of the people with the central bank. Some countries do not manage the currency like venezuela or zimbabwe paper money fell dramatically. To me, the value of bitcoin is trust in algorithms and trust for network consensus. This belief is very certain because the network of bitcoin is extremely reliable. What is your thought like?

Of course bitcoin is really valuable. Personally, i am here because i want to earn money to have an additional income. It is valuable because it can save millions of lives from poverty and hunger.
member
Activity: 144
Merit: 30
July 06, 2018, 07:44:09 AM
#30
In the past and recently, there are some who say bad about bitcoin, that bitcoin has no real value, there is no guarantee of value and assumes that the price will be zero. But everyone should know that the property other things like gold, silver or even money in your pocket are valued by the trust of the people with the central bank. Some countries do not manage the currency like venezuela or zimbabwe paper money fell dramatically. To me, the value of bitcoin is trust in algorithms and trust for network consensus. This belief is very certain because the network of bitcoin is extremely reliable. What is your thought like?

Why there are a lot of investors? Why are we here? It is because bitcoin can save our lives. Bitcoin is really a valuable asset that can give you better future.
jr. member
Activity: 196
Merit: 1
July 06, 2018, 07:41:07 AM
#29
I agree, bitcoin is still the most valuable crypto currency in the world today aside from being the the first digital currency. Normally, btc has bear and bull market as part of it's ecosystem in the crypto market. Basically, people should buy during bear market and sell when it is in bull market. It is valuable for those people who knows how to manage their investment and should not be panic every time when market will be on down trend.
jr. member
Activity: 280
Merit: 2
July 06, 2018, 07:20:42 AM
#28
In the past and recently, there are some who say bad about bitcoin, that bitcoin has no real value, there is no guarantee of value and assumes that the price will be zero. But everyone should know that the property other things like gold, silver or even money in your pocket are valued by the trust of the people with the central bank. Some countries do not manage the currency like venezuela or zimbabwe paper money fell dramatically. To me, the value of bitcoin is trust in algorithms and trust for network consensus. This belief is very certain because the network of bitcoin is extremely reliable. What is your thought like?
For me, bitcoin is valuable in the since that there are lots of people who are gaining through this. It is a very effective tool for investment today. Aside from that, the kind of investment we have witj this coin is challenging because of its unpredictable price.
full member
Activity: 434
Merit: 100
July 06, 2018, 07:19:46 AM
#27
Currently bitcoin is valuable and still remains better value than that of gold. Many still believe that it's value should be pegged to that if gold or vice versa. But the demand and supply is what fuels it and that is what have been keeping it alive till date. So far that many people still be lives in it, then the value will remain.
legendary
Activity: 1218
Merit: 1006
July 06, 2018, 07:02:36 AM
#26
Government will never support bitcoin and they have already started to clone it. They will promote their centralized blockchain based token as most secure advance form of currency and will monitor every transaction but will make their citizen believe that they are using cryptocurrency  Grin

Bitcoin is valuable to those who want financial freedom but most of the people till now are just linking bitcoin with criminal activity.
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