Topic: Bitcoin value - page 28. (Read 3453 times)
Bitcoin has value because people demand it and because of the blockchain tech. Like how people put value over everything here on earth and then agreed on it, its the same thing with Bitcoin, people agrees on a value because, its bought at that value and demand it for that value.
As the value of Bitcoin is not constant, it has different value all time.Bitcoin price are down and up every second so the value of bitcoin is not permanent its gonna be up and down.
Due to the users of bitcoin, the value of bitcoin is very unstable, sometimes its value increases and sometimes decreases.
Yeah right, the value of an object depends on how people appreciate it. I can not predict the value of bitcoin, Bitcoin has a big future and if you are mining the bitcoin it will depend. I believe people in the cryptocurrency community are actually people who put value on bitcoin. However, due to its volatility, bitcoin is susceptible to fluctuations, either up or down trends.
bitcoin is now of no value, as bitcoin prices are now declining and also the bitcoin price is not the same as it used to be, I hope the bitcoin price can go back as it used to.
The value of bitcoin is determined by the number of people associated with it and how often it is used.
I've just watched the John Oliver show about cryptocurrencies and something struck me about what he said:
" like most currencies, the fundamental reason that bitcoin has value is that people agree that it has value"
I just want to know your thoughts on this. I only have a little understanding about the idea of currency and its value although i've already been at it all my life. Im new into this kind currency and right now its plumetting.
" like most currencies, the fundamental reason that bitcoin has value is that people agree that it has value"
I just want to know your thoughts on this. I only have a little understanding about the idea of currency and its value although i've already been at it all my life. Im new into this kind currency and right now its plumetting.
Well I'll agree to that john oliver show whatsoever because for me it's true that bitcoin hasn't it's own value because people believe in it. Because if no one believes in bitcoin why would it have its value. It has it's value because we're here
I've just watched the John Oliver show about cryptocurrencies and something struck me about what he said:
" like most currencies, the fundamental reason that bitcoin has value is that people agree that it has value"
I just want to know your thoughts on this. I only have a little understanding about the idea of currency and its value although i've already been at it all my life. Im new into this kind currency and right now its plumetting.
Bitcoin is the most valuable coins or cryptos in cryptocurrency industry even the value of bitcoin decrease, goes down sometimes but the investors continue to trust bitcoin they believe that the value of bitcoin can increase again. Indeed, Bitcion has value like a fiat currency. " like most currencies, the fundamental reason that bitcoin has value is that people agree that it has value"
I just want to know your thoughts on this. I only have a little understanding about the idea of currency and its value although i've already been at it all my life. Im new into this kind currency and right now its plumetting.
I've just watched the John Oliver show about cryptocurrencies and something struck me about what he said:
" like most currencies, the fundamental reason that bitcoin has value is that people agree that it has value"
I just want to know your thoughts on this. I only have a little understanding about the idea of currency and its value although i've already been at it all my life. Im new into this kind currency and right now its plumetting.
It is a simple and basic illustration of how a piece of metal or a shit of paper, which we call coin and bank notes became an exchange of value for goods and services on a certain country. It all depends on how a specific currency like dollar gets its rate of value, it all happens on how much demand is needed for exchange, on what rate will it close from buying of other currencies. This scenario is also happening on the value of bitcoin in the market. " like most currencies, the fundamental reason that bitcoin has value is that people agree that it has value"
I just want to know your thoughts on this. I only have a little understanding about the idea of currency and its value although i've already been at it all my life. Im new into this kind currency and right now its plumetting.
Bitcoin value fluctuate with the market behaviors and announcements of governments policies and regulation on digital currencies !! But there is a huge market built-on and base-on Bitcoin therefor demand for bitcoin has a tendency to grow further !!
This words can also be applied to the paper money. They worth something, because people think so.
at least they survive until now. maybe one day the power of money digita can be equivalent to the usual paper money we use.
Due to the users of bitcoin, the value of bitcoin is very unstable, sometimes its value increases and sometimes decreases.
Indeed, bitcoin has value because of its supportes and investors who are keep on trusting it even on its downfall. Because of that, Bitcoin is becoming more stronger and valuable. 
The value of bitcoin will keep appreciating as far as there are more people adopting it. The fact that it operates on a decentralized platforms makes it more valuable
Decentralization does not necessarily make bitcoin more valuable, the greatest advantage of decentralization is that allows bitcoin to exist in the first place, if bitcoin was not a decentralized coin governments would have found a way to seize the servers in which it was located and kill bitcoin in that way, but thanks to decentralization governments have no idea how to do that.Meanwhile, bitcoin value doesnot base on people agreement and people misunderstand due the evangelized messages used by cryptoneir to build more investors confidence in bitcoin.
The value of bitcoin will keep appreciating as far as there are more people adopting it. The fact that it operates on a decentralized platforms makes it more valuable
Decentralization does not necessarily make bitcoin more valuable, the greatest advantage of decentralization is that allows bitcoin to exist in the first place, if bitcoin was not a decentralized coin governments would have found a way to seize the servers in which it was located and kill bitcoin in that way, but thanks to decentralization governments have no idea how to do that. 
bitcoin prices are naturally always on the move and always have that price change because bitcoin has a very limited supply and has a very high demand bitcoin can be made for some payment methods that make bitcoin has value.
A good opinion and I agree with your opinion.It's true that bitcoin has an unexpected value change because sometimes bitcoin values go up and sometimes bitcoin values go down as more demand increases the bitcoin so bitcoins have a higher value.
I've just watched the John Oliver show about cryptocurrencies and something struck me about what he said:
" like most currencies, the fundamental reason that bitcoin has value is that people agree that it has value"
I just want to know your thoughts on this. I only have a little understanding about the idea of currency and its value although i've already been at it all my life. Im new into this kind currency and right now its plumetting.
The same goes for any type of currency. Nothing has value except the value we give it to. Since bitcoin is widely known as the most usable cryptocurrency, there is no doubt that its value will be high. Nonetheless, the more people who gets involve in a certain currency or asset, the greater its market value will be. " like most currencies, the fundamental reason that bitcoin has value is that people agree that it has value"
I just want to know your thoughts on this. I only have a little understanding about the idea of currency and its value although i've already been at it all my life. Im new into this kind currency and right now its plumetting.
I see bitcoin has value because bitcoin has very limited total supply and has development and bitcoin is also very useful and not only that bitcoin now also very difficult to mendaptakan making bitcoin become very expensive.
I've just watched the John Oliver show about cryptocurrencies and something struck me about what he said:
" like most currencies, the fundamental reason that bitcoin has value is that people agree that it has value"
I just want to know your thoughts on this. I only have a little understanding about the idea of currency and its value although i've already been at it all my life. Im new into this kind currency and right now its plumetting.
People always think the most painful thing in the life is losing the only one value of their investment. But the truth is the most painful things is losing your loved ones. The amount of bitcoin is always changing that is normal we should fighting the circumstance at all. Do you read a news bitcoin pass $15k in June? John McAfee told This controversial crypto proponent. He said predicts that the spike will be short lived. Remember this only a prediction. This is the reference https://steemit.com/bitcoin/@kevindixon/john-mcaffee-predicts-at-least-usd15k-bitcoin-in-june" like most currencies, the fundamental reason that bitcoin has value is that people agree that it has value"
I just want to know your thoughts on this. I only have a little understanding about the idea of currency and its value although i've already been at it all my life. Im new into this kind currency and right now its plumetting.
The simple reason is that people believe that a piece of paper is supported by the government and the government guarantees its value. In Bitcoin, one can use tokens to transfer values globally, since tokens have felt the value determined by supply and demand in the open market. In the end, they all have value because people agree. The same applies to fiat.
I've just watched the John Oliver show about cryptocurrencies and something struck me about what he said:
" like most currencies, the fundamental reason that bitcoin has value is that people agree that it has value"
I just want to know your thoughts on this. I only have a little understanding about the idea of currency and its value although i've already been at it all my life. Im new into this kind currency and right now its plumetting.
" like most currencies, the fundamental reason that bitcoin has value is that people agree that it has value"
I just want to know your thoughts on this. I only have a little understanding about the idea of currency and its value although i've already been at it all my life. Im new into this kind currency and right now its plumetting.
I'd rephrase his expression. The price of currency should be the same for what people who buy or sell it. People decide for themselves what the value of the coins (bitcoin)
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