How does a Bitcoin have any value? | Bitcointalksearch.org

polar.bear824

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Quote from: GeckoTrader on February 18, 2018, 04:33:42 AM

Rather, Bitcoin appears to have value for the following reasons: It is popular.

This is far from one reason! I agree that there are such things that are expensive because they are very popular among and therefore people are in great demand. But there are things that have information value. They are valuable because the idea itself is important! Bitcoin is one of those things. In this area there are no better ideas than Bitcoin, so Bitcoin will only grow!

Wellyan

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Quote from: Caesar-Giulius on February 19, 2018, 10:39:42 AM

Bitcoin value come from the willing buyers and sellers who determine the price.

with that the risk of investing in crypto currencies is great because the value and price of crypto currencies and the confidence and patience in investing in crypto currencies will reduce our panic in price and value that is always changing and cannot be ascertained

daarul50

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The reason bitcoin has value is because of the market for buying and selling cryptocurrency so that bitcoin must have a value to be able to be traded. With the value that is owned, bitcoin can also be a tool for transactions such as exchanging or buying and selling like a currency, it is the reason why many call bitcoin as a digital currency.

Dimas99

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Quote from: sasumo on February 20, 2018, 07:51:49 AM

BTC as well as currency so. You can trade in the allowed countries. BTC can replace the currency in some future fields.

all possibilities can happen no one can know for sure what confidence and patience will be and maybe also in conditions like now investors must be able to take advantage of every opportunity that will be obtained in investing

boty

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Quote from: Anies_Sandi on March 09, 2019, 08:34:18 AM

Quote from: playboy654 on March 08, 2019, 02:53:39 PM

Bitcoin is a digital currency so we don't need any real thing for that it has been valuable because of it is a digital currency and being a Crypto currency is more useful for anyone to get easily connected with it digitally.

therefore the value of digital currencies like bitcoin is always expensive because bitcoin is one of the currencies that people will use to transact the online world

I think if bitcoin can only be used in the online world it will make bitcoin not grow and certainly the price of bitcoin will not become very expensive because demand does not increase, bitcoin should be used for local or offline transactions so that many people try to use bitcoin to complete a payment.

IdiotCoder

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Quote from: wongdeso on March 09, 2019, 09:25:05 AM

Not everyone in the world uses crypto and this is still a new thing so the value is expensive. For its own use, crypto is still a valuable investment asset and is still a pro-contra in countries that have not been able to receive it.

Bitcoin is a lot like the internet when it first started: nobody knew anything about it and nobody thought it would have any use. Today, the internet is everywhere and is an essential part of today's economy. Bitcoin is the same way: nobody understands it now but 30 years from now everybody will be using it.

Kimonoe

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Quote from: wongdeso on March 09, 2019, 09:25:05 AM

Not everyone in the world uses crypto and this is still a new thing so the value is expensive. For its own use, crypto is still a valuable investment asset and is still a pro-contra in countries that have not been able to receive it.

indeed crypto function is not maximized as a currency. but if we study it further, with a fantastic price increase in 2017, crypto is in demand as an investment tool. even though nowadays many are frustrated by it

wongdeso

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Not everyone in the world uses crypto and this is still a new thing so the value is expensive. For its own use, crypto is still a valuable investment asset and is still a pro-contra in countries that have not been able to receive it.

Anies_Sandi

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Quote from: playboy654 on March 08, 2019, 02:53:39 PM

Bitcoin is a digital currency so we don't need any real thing for that it has been valuable because of it is a digital currency and being a Crypto currency is more useful for anyone to get easily connected with it digitally.

therefore the value of digital currencies like bitcoin is always expensive because bitcoin is one of the currencies that people will use to transact the online world

playboy654

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Bitcoin is a digital currency so we don't need any real thing for that it has been valuable because of it is a digital currency and being a Crypto currency is more useful for anyone to get easily connected with it digitally.

Anyobsss

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Quote from: GeckoTrader on February 18, 2018, 04:33:42 AM

Bitcoins do not have value as a physical commodity like gold and are not widely accepted as legal tender like dollars.

Rather, Bitcoin appears to have value for the following reasons: It is popular.

In short, people accept and trade in Bitcoin because other people accept and trade in Bitcoin.

We'll people value it that's why it has value. Similar to gold, It has value because people think that it has high value. The value of something really depends on the environment.

zemper

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Quote from: GeckoTrader on February 18, 2018, 04:33:42 AM

Bitcoins do not have value as a physical commodity like gold and are not widely accepted as legal tender like dollars.

Rather, Bitcoin appears to have value for the following reasons: It is popular.

In short, people accept and trade in Bitcoin because other people accept and trade in Bitcoin.

Bitcoin has a value due to its technology aspect. People are interested in decentralized, anonymous system like BTC and other cryptocurrencies have. And it's also an instrument of benefication.

arifteguhr

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for the year the price of bitcoin will experience a high increase which will make the price more expensive, because with so many people adopting it, bitcoin will definitely get a high price

yslyv

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bitcoin has a value because blockchain technology started to become valuable. so bitcoin is the first currency that based on blockchain technology and it is the most popular one so it has value.

Robotbitcoin22

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Quote from: jimskiy on February 13, 2019, 08:39:27 PM

Many investor have interested with bitcoin and altcoin investment its why bitcoin have value day by day, when bitcoin left by investor I think bitcoin will be gone and do not have value again for using as transaction or become trading or investing.

all of that also arises from the belief of people that the value of altcoin has a value so they continue to make these investments to be able to make a profit

Yusuf77

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Quote from: Caesar-Giulius on February 19, 2018, 10:39:42 AM

Bitcoin value come from the willing buyers and sellers who determine the price.

isn't bitcoin and other crypto currencies the value and price can not be determined with certainty and it is a risk in investing with crypto currency the main capital of confidence and patience in investing in crypto currencies

Mometaskers

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This has been discussed multiple times before. Bitcoin primarily gets it's value from demand yes, but there would have been no demand without properties that makes it desirable to people. Limited supply, being able to store money outside banks, etc were attractive enough for many people in the beginning to start the process of mining and buying.

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Quote from: poldanmig on March 07, 2019, 11:27:25 PM

Quote from: krungpuge03 on February 20, 2018, 08:02:13 AM

I think bitcoin is very valuable because of this many people change their life they can earn money in easy way

your belief is very big in investing with bitcoin crypto currency especially because the risk of investing with crypto currency is very large the crypto currency value cannot be known for sure going forward and at this time we must be smart in seeing opportunities in investment

I think that is the location of mistakes that are often done by new traders, they do not know the correct way of trading and they consider the cryptocurrency price movements can be predicted, and more ridiculous many famous people who provide predictions of bitcoin price movements in the future.

horrifiedx1

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Quote from: poldanmig on March 07, 2019, 11:27:25 PM

Quote from: krungpuge03 on February 20, 2018, 08:02:13 AM

I think bitcoin is very valuable because of this many people change their life they can earn money in easy way

your belief is very big in investing with bitcoin crypto currency especially because the risk of investing with crypto currency is very large the crypto currency value cannot be known for sure going forward and at this time we must be smart in seeing opportunities in investment

right, investment is how we can see opportunities. do not let us get carried away by emotions because the market conditions are not according to our wishes. it would be better if you can follow what the market wants

St4yInTh3D4rk

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The physical value of any product didn't get value for it,only the demand does such like gold and any other resource present in this world getting value for it.

Bitcoin has been used by lot of people for various purpose even though it mainly created for the payment system so which has demand and got value as well based on that.

It may increase or decrease in the future based on how people uses it and how much used by.

Topic: How does a Bitcoin have any value? (Read 1086 times)