Btc has no value - page 2. | Bitcointalksearch.org

xamxam

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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 Bitcoin has no value, for sure it won't increase as they have now, and it won't stand long for more than 10 years. But the price value of Bitcoin at the moment was too huge, it means many community all over the world embraced the good features it has and the possible benefits that We could get from it. And it possible too that it can be the world currency someday.

Irvinn

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It seems to me that everything depends on the current situation and if it is assumed that Big Business is interested in Bitcoin transactions, for the fast and high-quality nature of the funds, Bitcoin will become more popular and improve its condition in the cryptocurrency market. This increase in capitalization and price increase, which will be equivalent to an increase in interest in Bitcoin.

Aptekary

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It seems to me that now the price of Bitcoin will be primarily realized at the expense of supply and demand in the cryptocurrency market. Although I very much doubt that cryptocurrency users will again make the same mistake as in 2017. No one wants to make a full-fledged investment in Bitcoin at a price of over $ 15,000, of course, if Bitcoin is not predictable and does not improve its performance.

veleten

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bitcoin has as much value as others are ready to pay for it , very simple
the supply/demand model is working for every single asset on this planet
if there are people ready to pay something for it , then it has that value , you can see the current value at the exchanges
it always makes me smile when I hear that bitcoin has no value or that its a HYIP or a bubble or similar nonsense

Malvika_sitlani

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I think it is the generation gap that is making few to understand and adopt to this new "money"

killat

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Be the reason someone smiles today

As of now, there is not much really backing the extraordinary value of BTC/Crypto except people's beliefs and expectations

The blockchain concept IS revolutionary for sure but its too early to price BTC at $10k.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Aldrinx00 on June 29, 2019, 01:12:22 AM

The value of bitcoin depends on the persons understanding and how he/she is using it, it's true that it has no physical value but bitcoin can be exchange for fiat and buy goods online so the value of bitcoin cannot be determined just by saying it has no value because it is not a paper money.

Paper money also has no value practically. It has a value because of the consensus that yes this is one dollar bill and thus I can use it for paying 1 dollar. Similarly with any asset people have decided a value of that asset based on market last trades.

Bitcoin is also having a value financially from the exchanges trading on it, however the real value comes from the community support behind bitcoin and the whales who make the market rise and fall. People who try to venture here with the idea of making money quickly will get burnt out easily because they dont understand these fundamentals about bitcoin.

#dhabitamartha

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I will always think of this many advantages that we will get btc is very encouraging for us all crytocurrency provides a lot of knowledge and procedures for managing money well and really this is economics that is useful in intelligent technology.

zeingrind777

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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.

Hey, Bitcoin is a digital asset that has a high value. If you have at least 10BTC, you can afford anything. That proves that Bitcoin has valuable value.

Betwrong

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Quote from: kopijos on June 27, 2019, 12:36:30 PM

bitcoin does not have value because bitcoin has no physical form, but I think now that bitcoin is becoming the most popular digital currency and bitcoin will continue to run in the positive direction into a valuable coin to accompany money as a means of transaction

One can say that Google and Facebook do not have value because they do not have physical form. Yet if you want to acquire them you will need to bid above $100 billion or no one would start negotiating with you otherwise. In the age of the Internet we should get used to the fact that some things can cost really a lot even though they have no physical form, and Bitcoin is one of such things.

Aldrinx00

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The value of bitcoin depends on the persons understanding and how he/she is using it, it's true that it has no physical value but bitcoin can be exchange for fiat and buy goods online so the value of bitcoin cannot be determined just by saying it has no value because it is not a paper money.

Snaic

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Quote from: killat on June 27, 2019, 10:57:40 PM

Speculations upon speculations. Its going up to 50k , its going down to $1 k. Truth is nobody knows with bitcoin. If you not good with gambling, stick to fiat currency.

However, if you decide yourself to invest in crypto, never invest more than you can afford to lose.

It seems to me that these words can already become a motto for the entire cryptocurrency market, so that no one gives more than they can lose. The fact is that in any case, when prices reach a certain maximum, they will sell Bitcoin unequivocal to earn with its help. After all, it is for this that we invested our money in Bitcoin.

boyptc

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Quote from: ?? on ??

Quote from: boyptc on June 27, 2019, 02:57:19 AM

Quote from: CBANX2 on June 27, 2019, 01:54:04 AM

Is that so? Today Bitcoins is a most valuable asset in the market and the Bitcoin price hike has proven it. As the current news flashes the BTC@$14k.

OP is pointing out to those people that are calling bitcoin has no value but they are using paper money which has been printed and the value has been declared by the gov't.

In summary, they are telling the same thing with fiat money that we use.

Earlier fiat really had some value as it was supported by gold and sometimes other goods, but now the price is regulated. Bitcoin has a different value, that's just its equivalent is not yet clear.

Now it's the gov't that dictates on how much is the value of their fiat.

And most of the local currencies now are depending to the market of USA, so if there's an economic crash on US, almost every country that depends on them will have their crash as well and so is the inflation.

killat

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Speculations upon speculations. Its going up to 50k , its going down to $1 k. Truth is nobody knows with bitcoin. If you not good with gambling, stick to fiat currency.

However, if you decide yourself to invest in crypto, never invest more than you can afford to lose.

stripykitteh

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From nothing comes something

Bitcoin has zero value when it is being compared to something that is backed by a metal. Bitcoin is based on an idea and the coding behind it allows people to transfer their backed assets virtually with lower fees.

Ronaldcoin2017

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I see that there are so many negative people around the crypto feild. I believe that the bitcoin has a great value and we can see it on the different crypto price chart, maube we need to make oir own research before saying anything like bitcoin has no value😊.

sari_

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if in my opinion now bitcoin is actually getting better bro. because the price has started to rise. if compared to other coins the price hasn't gone up unless it's only a little. but bitcoin has gone up pretty well. even though it hasn't reached its highest price

TheCrimsonFucker

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For many without knowledge and information, bitcoin is a useless form of payment, and worthless, but the future is in the hands of the criptomoeda.

Finestream

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Quote from: proTECH77 on June 27, 2019, 05:00:02 PM

Basically I have seen many times on this forum when forum members are no longer addressing Bitcoin as method of payment rather addressing it as money. Most funny individual aren't sure of what Bitcoin is but started guessing around at Bitcoin as that without value but no Bitcoin has value.

Bitcoin has indeed a great value because in the first place,it won't stay longer for 10 years if it has no value since from the start.Bitcoin may not be totally accepted as a payment method for now but hopefully in the future,it will be legalized and accepted by the government already.

proTECH77

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Basically I have seen many times on this forum when forum members are no longer addressing Bitcoin as method of payment rather addressing it as money. Most funny individual aren't sure of what Bitcoin is but started guessing around at Bitcoin as that without value but no Bitcoin has value.

Topic: Btc has no value - page 2. (Read 11204 times)