Btc has no value - page 10. | Bitcointalksearch.org

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Quote from: ONEnergy on May 30, 2019, 01:57:56 AM

Some people saying BTC has no value as is made from nothing. Those same people using money in every day life. If we look into paper money as terms of value this piece of paper is also without value and also made from nothing.

Bitcoin have most of value with can buy anything online market store to buy car, house or big property https://www.canadianrealestatemagazine.ca/news/will-buying-real-estate-with-bitcoin-catch-on-238482.aspx
or you can buy electronic home, PC, televition, etc https://www.newegg.com/global/id-en/

ElevenX

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Quote from: ONEnergy on May 30, 2019, 01:57:56 AM

Some people saying BTC has no value as is made from nothing. Those same people using money in every day life. If we look into paper money as terms of value this piece of paper is also without value and also made from nothing.

If we think this way then we should be only exchanging goods like gold, stones, weapons, food.

BTC, Crypto is in my opinion only next step in term of money. So we will be calling BTC money soon. It will only be huge advantage for us early adopters to get some while cheap.

When btc will be replacing money in terms of salary anyone who will one 1 BTC only will benefit a lot as with price increasing people will get salary of cca. 2000 sats and 1 l of milk will cost 1 sat in the store.

I think the bolded would be a big problem. If Bitcoin were to take over, too much resentment from the non early adopters.

LUCKMCFLY

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What happens is that the Crypto market has many variances, and it is not that bitcoin has no value, it has an intrinsic value and it has a value thanks to its Blockhain technology. Given these cases it is easily verifiable that it will always obey the Supply-Demand Law, which is not required to have a backup, as it happens in the Stock Market. Its value is not its price, the value is a number that can be given with the fundamental analysis, but the price is established in the market.

pixie85

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Quote from: Sabrin on May 30, 2019, 08:19:38 AM

Really
if Bitcoin has no value then why we all are here? Why? Why ? Why ?
you can compare BTC with our Gov't currency. 1 BTC and 1 USD price are not same,
if BTC has no value and meaningless then our life will be meaningless.
only one way to make meaningful those people who can not believe on BTC, when people can buy, sell, exchange any thing with BTC then they will believe on it

Some of us are here to troll Wink

You can look for some of RawDog's posts to know what I mean.

Bitcoin has value and this is very easy to prove. Go to any bitcoin exchange and try to get it for free. If it had no value you wouldn't be able to.
You can also go to the middle of some crowded shopping center and scream that you have 1 bitcoin to give away for free and you'll see how many people will come to you asking for it.

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Quote from: muratsink on May 30, 2019, 03:32:52 PM

we need legality and public trust to be a currency that has value. not only has a nominal value but has a high utility value on the market and when used for transactions. and today. BTC today requires adoption and regulation to become a currency that has value.

Bitcoin is already a currency, it doesnt need to become one again, also the point of bitcoin is to e regulation free although I can't deny that such thing is sometimes necessary. However, decentralozed things loke bitcoin will be better if remain free and not tied with too much regulation, it just need to necessary ones.

Jamjamz30

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For those people saying that bitcoin has no value are people that do not have full knowledge on bitcoin. This is one of the reasons why a lot people get scammed. They just see the price of bitcoin hoing up and down, but don't want to look at the big picture.

muratsink

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we need legality and public trust to be a currency that has value. not only has a nominal value but has a high utility value on the market and when used for transactions. and today. BTC today requires adoption and regulation to become a currency that has value.

dothebeats

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People put the price on anything they see, and the government together with the system helped us believe that what they are minting and printing carries value and could be exchanged for goods. Value is only perceived by Man, estimated and appraised usually by checking whether it is of use to them or not. As time goes by, this idea of valuation proved to be somewhat inefficient and inaccurate (different places pose different values of a similar item), and by then Man started to devise something that will fall under a certain standard to solve the valuation problem.

Bitcoin is no different. It started to have value since people put a price to it, and it only keeps on going since that is what people think while in reality, it's just a bunch of codes put together to create a working system. Value is a perception and a man-made concept, so arguing which is valuable and which is not is somewhat a pointless debate.

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Bitcoin is very valuable and many believe that bitcoin is a store of value, and bitcoin can also be used as a payment method.

K21000

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From my personal experience the types of people that say bitcoin has no value are the same people who lack a basic understanding of economics or how any currency works in general. As long as there is consensus among parties that bitcoin has value then it has value, if this consensus is not there then bitcoin does not have value. Fiat is basically pieces of paper which is rather worthless in itself but because we are made to believe it has value it is able to function as a currency.

Reid

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But that "soon" is still way far.
Hell!, we might be dead and not see that anymore.

We will be staying with fiat for a long time. Yes, buying food in exchange for round metal or a rectangular paper.
They even said paper will be the million dollar item in the future.
There are a lot of prediction on what could happen. One phenomenon can change everything. If there will be no electricity then how can we use bitcoin. If there will be shortage in trees then how can we trade in paper money?

Those kind of events can change the whole circulation of how we are going to trade to live.

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Quote from: ONEnergy on May 30, 2019, 01:57:56 AM

Some people saying BTC has no value as is made from nothing. Those same people using money in every day life. If we look into paper money as terms of value this piece of paper is also without value and also made from nothing.

If we think this way then we should be only exchanging goods like gold, stones, weapons, food.

BTC, Crypto is in my opinion only next step in term of money. So we will be calling BTC money soon. It will only be huge advantage for us early adopters to get some while cheap.

When btc will be replacing money in terms of salary anyone who will one 1 BTC only will benefit a lot as with price increasing people will get salary of cca. 2000 sats and 1 l of milk will cost 1 sat in the store.

If anyone see the thread topic alone they might think you are saying bitcoin has no value and you have some cursing kind of texts inside the body of the OP.
Please make the changes in the topic if possible.
Then today bitcoin price reaches another peak value of this year, soon everything will be setup for the over all peak value trend in the marketplace.

EdenHazard

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Everyone who says bitcoin is not money or bitcoin have no value are those who doesn't know bitcoin at all. They only think that bitcoin is not real and does not have a unique value if it is used as an asset. But for us, who knows bitcoin and its character will ward this statement because it's far from our understanding. I'm not hypocritical too if to learn how bitcoin till they have an understanding for at least they believe that bitcoin is have a value it's need a long time because it's a hard way to be assured but it is a procces to know it. So, there is no short way for newbies or common people to know bitcoin has a value, they need a proof moreover with the current situation twhich makes bitcoin as a place for fraud.

raden1922

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Bitcoin has no visible form, but has a high value. We all should know about technology and digital. Bitcoin answers as a more efficient and modern asset and transaction tool. I think this is very clear. So, no problem for me. Thanks.

Fred3030

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Anything called money derive its value from users. If for example everyone stops to use paper money just like you rightly said then it will be valueless. The fact that Btc can be used to purchase goods from shops and even used presently as a means of paying phone bills just to mention a few makes Btc valuable

pundit

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Quote from: ONEnergy on May 30, 2019, 01:57:56 AM

Some people saying BTC has no value as is made from nothing. Those same people using money in every day life. If we look into paper money as terms of value this piece of paper is also without value and also made from nothing.

If we think this way then we should be only exchanging goods like gold, stones, weapons, food.

BTC, Crypto is in my opinion only next step in term of money. So we will be calling BTC money soon. It will only be huge advantage for us early adopters to get some while cheap.

When btc will be replacing money in terms of salary anyone who will one 1 BTC only will benefit a lot as with price increasing people will get salary of cca. 2000 sats and 1 l of milk will cost 1 sat in the store.

If this is to be believed then what is Gold , stones, weapons or food nothing, they are valued because production is limited and demand is high. High demand is because of their use somewhere. Suppose if everyone starts to print money, would it be worth its value no because noone needs it from somewhere,everyone can produce it on their own. BTC carries value as it has limited supply and it is used in blockchain transactions, BTC can only be mined or earned, it cannot be produced.Those who think BTC has no value, I think they are living in an illusion.

Payme21

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Those sharing the opinion that btc has no value sure will begin to have a rethink on that assertion because a single look at the market could make them swallow their words

MonsterV

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Quote from: Finestream on May 30, 2019, 09:31:31 AM

Quote from: Sabrin on May 30, 2019, 08:19:38 AM

Really
if Bitcoin has no value then why we all are here? Why? Why ? Why ?
you can compare BTC with our Gov't currency. 1 BTC and 1 USD price are not same,
if BTC has no value and meaningless then our life will be meaningless.
only one way to make meaningful those people who can not believe on BTC, when people can buy, sell, exchange any thing with BTC then they will believe on it

For me,bitcoin won't have any value if it only lived only for a single month and then gone but it has lived already for 10 years so its definitely has a great value more than our fiat currency had.Only fools believed that bitcoin has no value because in the first place,they don't understand about cryptocurrency and how it works,and how it has brought so much goodness to other people's lives.

and for me, everything in this world starts with no value but over time it grows and becomes more valuable. Like current fiat, where your country's currency has grown from its initial creation and also with bitcoin, it has grown since its creation was valuable and far more valuable than gold.

Finestream

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Quote from: Sabrin on May 30, 2019, 08:19:38 AM

Really
if Bitcoin has no value then why we all are here? Why? Why ? Why ?
you can compare BTC with our Gov't currency. 1 BTC and 1 USD price are not same,
if BTC has no value and meaningless then our life will be meaningless.
only one way to make meaningful those people who can not believe on BTC, when people can buy, sell, exchange any thing with BTC then they will believe on it

For me,bitcoin won't have any value if it only lived only for a single month and then gone but it has lived already for 10 years so its definitely has a great value more than our fiat currency had.Only fools believed that bitcoin has no value because in the first place,they don't understand about cryptocurrency and how it works,and how it has brought so much goodness to other people's lives.

Sabrin

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Really
if Bitcoin has no value then why we all are here? Why? Why ? Why ?
you can compare BTC with our Gov't currency. 1 BTC and 1 USD price are not same,
if BTC has no value and meaningless then our life will be meaningless.
only one way to make meaningful those people who can not believe on BTC, when people can buy, sell, exchange any thing with BTC then they will believe on it

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