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Topic: Btc has no value - page 5. (Read 11204 times)

newbie
Activity: 6
Merit: 0
June 16, 2019, 10:03:17 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.

Just saying, if that happens, there would be A LOT of miners.
hero member
Activity: 2506
Merit: 645
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June 16, 2019, 09:18:08 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.
Hello ONEnergy
Btc has a value for the moment, and in the future the btc will have a very high value, maybe the btc will be worth 100000$

Indeed, bitcoin has value still it has value and also in future bitcoin give us unpredictable price, that's why now every investor invest on bitcoin. We are investing on bitcoin not for now, we all are investing on bitcoin for future because we know bitcoin value. 
member
Activity: 322
Merit: 20
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June 16, 2019, 08:59:18 AM
If you think logically, why does everyone join this forum if bitcoin has no value, precisely the reason they are here is that bitcoin has very valuable value and their main goal is to hunt bitcoin in their own way.
Bitcoin is a coin that has a high value among other coins and will be profitable if you will make you rich if bitcoin rises high.

Of course!. It's a matter of looking around.

What i insist in saying is that there's so many people around the world connected to internet this days and that means so many different preferences in the customer base that a lot of ideas can sustain themselves with a determined amount of followers, depending on the business model.

It's pretty obvious, isn't it?
full member
Activity: 1750
Merit: 118
June 16, 2019, 08:39:36 AM
Awww the people who said that bitcoin has no value..they are those people who don't have  knowledge  about bitcoin..
not all . there are some veterans or the people that have some knowledge on what is crypto but they still bash bitcoin . there also popular personalities that hate bitcoin and call bitcoin a worthless coin but that is only thier opinion , we also have our own opinion and we only believe on it .

Quote
Re: Btc has no value
btc has no value , yes but that was before ( back on the early days when bitcoin is still young  ) but now  , bitcoin do have a big value  . its value is above 8k usd and still growing  . aside from the price , bitcoin is litterally valueable because it helps people improve their lives by providing a good service in the form of payment method  and also as an investment asset  .
newbie
Activity: 42
Merit: 0
June 16, 2019, 08:26:17 AM
We need to educate them. Noting has value until it is get used. If you manufactured a car and nobody is driving it, it has no value and this applied to every other things. Since Bitcoin is getting adoption gradually, it's value will be greater than anything on the surface of the earth
People who say bitcoin has no value, are people who don't realize that treasure is in front of their eyes. Today bitcoin is in the position of USD 9129 and will still rise even higher.
So, it's better to think rationally that trading bitcoin is something real and can make someone get a big profit. Of course, everything must be studied seriously.
Yes You are right.  Actually they just believ on rumors  thats why they are thinking  like that..
newbie
Activity: 42
Merit: 0
June 16, 2019, 08:24:55 AM
Awww the people who said that bitcoin has no value..they are those people who don't have  knowledge  about bitcoin.. they just belive on rumours.. indeed bitcoin plays an important  role  in market.. people are investing in bitcoin..
member
Activity: 315
Merit: 12
June 16, 2019, 07:12:36 AM
We need to educate them. Noting has value until it is get used. If you manufactured a car and nobody is driving it, it has no value and this applied to every other things. Since Bitcoin is getting adoption gradually, it's value will be greater than anything on the surface of the earth
People who say bitcoin has no value, are people who don't realize that treasure is in front of their eyes. Today bitcoin is in the position of USD 9129 and will still rise even higher.
So, it's better to think rationally that trading bitcoin is something real and can make someone get a big profit. Of course, everything must be studied seriously.
full member
Activity: 644
Merit: 117
swing!
June 16, 2019, 04:17:18 AM
Some papers says fiat was still relatively new and does shortfall by some researchers comparing fiat against the quality of a stored value, maybe the fiat era would diminish a little when there's unlimited supply of paper money circulated. BTC's quality is comparable to gold, gold basically act as stored value and even since no more utility was there. With a fixed supply BTC might just go off high without interference but the fact is it still takes times to grow. Decentralized would certainly be a thing in future, so does crypto.
sr. member
Activity: 854
Merit: 281
June 16, 2019, 01:49:05 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'd argue bitcoin has intrinsic value in the highly talented developers continually working in its code, the network of computers and infrastructure securing it, its brand name, and its built-in scarcity and status as non-sovereign money. Of course, others might argue that all value is subjective, but that's a more academic argument.

The brand name alone is worth billions of dollars - the whole world knows bitcoin by now.
hero member
Activity: 1890
Merit: 831
June 16, 2019, 01:02:02 AM
Value can be a different thing even opposed to paper money we have things like investments.
I don't think we would ever be able to use Bitcoins like you suggested , in the market all around the world because there is still a lot of time for that to happen. But at the same time I do think that it hold equivalent value to things like gold and silver and maybe even more.
Firstly it's an excellent investment strategy
Secondly it does increase in value from time to time so people can actually encash whenever they need.
sr. member
Activity: 994
Merit: 260
June 16, 2019, 12:27:36 AM
Everything that has value on the exchanges is valuable in itself. Bitcoin undoubtedly has a value, which is expressed in market quotes. If we talk about barter, then this type of mutual settlement is relevant only in rare cases. As a standard, barter is extremely inconvenient and hardly practical.
member
Activity: 560
Merit: 14
June 15, 2019, 09:34:42 PM
Those saying bitcoin has no value is because they can't feel it or see it. Bitcoin is digital currency that has been programmed. The problem is many people doesn't understand how it is or works. And those that under stands it knows it's value
hero member
Activity: 2366
Merit: 594
June 15, 2019, 05:20:43 AM
We need to educate them. Noting has value until it is get used. If you manufactured a car and nobody is driving it, it has no value and this applied to every other things. Since Bitcoin is getting adoption gradually, it's value will be greater than anything on the surface of the earth

I think that is law of supply of demand. Something's worth depends on its demand. Since bitcoin has only limited supply and its demands grow continuously is the reason why its value keeps increasing throughout this year. Bitcoin will have no value if something will be created better than it.
sr. member
Activity: 630
Merit: 250
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June 15, 2019, 04:01:44 AM
It depends on how a person sees a thing. Every things you saw around can be as valuable as gold if the person looking at it is very interested or in dire need of that thing. As for bitcoin itself, if don't have any idea or even a slight interest with pertains to bitcoin then you would not see its values and worth.
sr. member
Activity: 2422
Merit: 267
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June 14, 2019, 07:59:12 PM
We need to educate them. Noting has value until it is get used. If you manufactured a car and nobody is driving it, it has no value and this applied to every other things. Since Bitcoin is getting adoption gradually, it's value will be greater than anything on the surface of the earth
All of what you do and do but no one wants to have, of course, obviously has no meaning. I agree with you that all living depends on the desired needs. bitcoin has been valued and used as a payment tool so it's clearly worth it. and will even continue to be sought and wanted and valuable.
full member
Activity: 1316
Merit: 104
CitizenFinance.io
June 14, 2019, 04:59:14 PM
We need to educate them. Noting has value until it is get used. If you manufactured a car and nobody is driving it, it has no value and this applied to every other things. Since Bitcoin is getting adoption gradually, it's value will be greater than anything on the surface of the earth
sr. member
Activity: 2436
Merit: 343
June 14, 2019, 04:46:28 PM
Same old theories.Bitcoin has no value.So why they pay for bitcoin?Why bitcoin got demand? This is 21st century. Century that all going to be digital.Digital society want digital money transfer method.How they transfer without? Time of paper money is over.This is century of digital money.
That OP has no certain thing to do in his life but to spread FUD's and any false thoughts towards crypto. He never realizes how many individuals are investing this one and they become successful. It OP have nothing to say but only to drag people away from this newest form of investment will soon to be more valuable than of fiat. He is blinded by the truth at this time.
hero member
Activity: 1008
Merit: 501
June 14, 2019, 02:31:10 PM
Yes, Bitcoin has no value,? So does Money! People make these valueless things valuable. Who says Bitcoin has no value now, they are backdated or maybe blind! A guy bought a pizza by thousands of Bitcoin, that time bitcoin hasn't enough value, but right now, banks are fearing the bitcoin growth and popularity, facebook, google, vk, Jp Morgan and a lot of famous faces are coming to bitcoin, and they are saying bitcoin has no value? They will regret forever! of bitcoin!
jr. member
Activity: 84
Merit: 1
June 14, 2019, 02:06:56 PM
Same old theories.Bitcoin has no value.So why they pay for bitcoin?Why bitcoin got demand? This is 21st century. Century that all going to be digital.Digital society want digital money transfer method.How they transfer without? Time of paper money is over.This is century of digital money.
sr. member
Activity: 2366
Merit: 448
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June 14, 2019, 09:45:32 AM
If you think logically, why does everyone join this forum if bitcoin has no value, precisely the reason they are here is that bitcoin has very valuable value and their main goal is to hunt bitcoin in their own way.
Bitcoin is a coin that has a high value among other coins and will be profitable if you will make you rich if bitcoin rises high.
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