Topic: Bitcoin value - page 7. (Read 3456 times)
Bitcoin has the value it now is not because it's just why people agree that it has value, but bitcoin has the advantage of fiat money like its decentralized nature, anonymous secure security of privacy. So it can be said that bitcoin has the advantage of the technology side, this is the consideration of bitcoin has value.
Actually bitcoin value is much more than any currencies and metal too. The value actually is not stable. It moves up and down. But it is a good thing for investment. I personally like Bitcoin very much. For more you can look the statistics of the past years.
The value of bitcoin makes it more attractive. People tend to used and invest here because of its freaking high value before . As of now bitcoin was decreasing but that doesnt mean that it wont rise again. Maybe we should wait for it until it pump again since it was volatile. It can help you financially once you keep earning of it. 
think of a gold. Why gold is so valuable, does it solve any big problem by just holding on your hand, or diamond. Why it has value whenever it can be just a piece of a metal ? Because people give value to it, value the existence of the gold. Such is with btc itself in my opinion.
For Bitcoin value changes thing thought it is not permanent, it does not look like ordinary money, it has a greater value than other money and it is also bring Blockchain in to the world.
For my opinion people accept the price for BTC and started to work. They all don't think about it, they are busy to earn money in crypto. But the value consists of many branches and reasons. So you must to know the main for be good player.
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.
I believe that statement to be true because you invest in a coin because you think it will bring you fortune in the future and in so doing adding value to it. Imagine if everyone should decide to sell their bitcoin or not to use bitcoin anymore, what value will it has. Definitely its value will decrease tremendously. " 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 a store of value and at that like every store of value like the gold and all other currencies bitcoin value is determine by the amount of acceptability that the people accrue to it, bitcoin value laiys with it general acceptability just like every other currencies bitcoin is a digital currency which is decentralized and free from every form of third party involvement that is what make it unique.
For me, it is our dream that cryptocurrency will be accepted by evryone and everwhere.The good news is that some great countries like Germany have started giving their support and this is a good sign of greater things to follow. I believe that in some few years to come, bitcoin will be acceptable globally for various transaction
It's true that bitcoin is worth it because there is a deal of bitcoin users, and now the value of bitcoin prices is declining and this is a great time to make a purchase and invest.
Smart thinking and I like the way you think.Yes it is true what you are saying that bitcoin is very valuable because there is a bitcoin user agreement and now I see bitcoin price decreasing
so we have a chance to buy bitcoin then we save then we sell it when bitcoin price starts high.
Bitcoin value change every time depends on news and fuds the simple reason is that people believe that the piece of paper are backed by the
government and the government guarantee it's value.
It is all about demand in the market of bitcoin, so if the demand changes and it decided to go for a buying mode then it will dominate the seller's side and it will make the market's price of bitcoin up and that is the same thing that is applied on the selling mode it will dominate the buyers side and make the market's price of bitcoin goes down. So it is about the demand. government and the government guarantee it's 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.
Every currency has a different rate from each another or if compared to a standard currency, for example Rupee to Dollar has a different rate and also Pound to Dollar has a different rate , same being for cryptos but it has only 1 standard rate with dollars and then the further difference between dollar to the trader’s country’s currency gives it the local price. And yes people believe that bitcoin has a rate thus it has a rate else it can also be manipualated . " 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 change every time depends on news and fuds the simple reason is that people believe that the piece of paper are backed by the
government and the government guarantee it's value.
government and the government guarantee it's 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.
Bitcoin value it changes everytime it is not permanent nit like a paper money it's value is permanent and stable " 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.
That could really happen. That's why I don't really see volatility as a huge hindrance towards mass adoptions. Those whales are just extracting all the profits they can get from bitcoin before it happens. Maybe if bitcoin goes $500k, stabilization will happen.
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 value it changes everytime it is not permanent nit like a paper money it's value is permanent and stable " 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 bitcoin value will change from the current time. And never have the concept of price stability bitcoin
The reason bitcoin has value is because a lot if people support it and it has helped to solve online payment. You can now buy from some online shops using bitcoin. 
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 agree but not totally. That is of course true, everything will boil down to the people's support and approval, without which there would be no success for Bitcoin and to anything else. But with regard to Bitcoin, there is a technology behind it. There is an idea, a philosophy, a vision that turned into a reality with the genius of Satoshi Nakamoto. There is blockchain, decentralization, etc. Perhaps it is fiat that is totally nothing without the approval of the people. Look at them bills, they're just pieces of paper.
I think Bitcoin will increase its value to very large numbers
Because the project as a whole I mean project cryptocurrencies
It is spread and recognized by some countries
As well as blockchain technology that will be revolutionized in the current decade
Because the project as a whole I mean project cryptocurrencies
It is spread and recognized by some countries
As well as blockchain technology that will be revolutionized in the current decade
Trust is indeed the factor that makes bitcoin has value, but long before that there is a factor in the bitcoin that gives rise to that trust. For example features owned by bitcoin.
Bitcoin will eventually be usurped by future co-workers! The coin generated after bitcoin will improve its functionality
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