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Topic: How does a Bitcoin have any value? - page 2. (Read 1063 times)

sr. member
Activity: 1372
Merit: 275
March 08, 2019, 12:27:25 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
legendary
Activity: 2128
Merit: 1775
March 08, 2019, 12:05:47 AM
Bitcoin, much is predicted about value to come, but for today it is still (falling sharply) even the lowest value. You can see the 2017 chart, reaching a record high at that time. Now bitcoin is listed at US $ 3,666. even some observers and experts are convinced Bitcoin can be lower or higher this year.

I believe that the value of Bitcoin for this year can be the highest, in other cases, the future of Bitcoin is possible for valuable storage media,
It could be that bitcoin can be a valuable role, like you have a coin that you use today.
jr. member
Activity: 490
Merit: 2
March 07, 2019, 11:35:24 PM
because there are many buyers who continue to increase from year to year. according to market law, the more demands, the price will rise. and if the demands go down, the price will also decrease.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
February 14, 2019, 04:37:55 PM
Actually, bitcoin has no value. But, because it is traded, bitcoin inevitably must have value. Same as coins or vouchers that are in online games, coins and vouchers actually have no value, but because the online game service sells it, the coins and vouchers have value.

   Actually you need to think outside the box. Don`t be bonded for one thing, learn about everything before you can
make sense out of everything around.
   Actually what is the value of gold? It can be like any other rock? Or maybe not? What is with money, traditional money?
Why Dollar have value, or Euro?
   People give it legitimacy, or not. People in power, we can name government sector, bank sector, it`s who have money
can create laws.
   We are the people behind Bitcoin value! And our opinion is equally important.
legendary
Activity: 1596
Merit: 1034
February 14, 2019, 03:25:14 PM
Actually, bitcoin has no value. But, because it is traded, bitcoin inevitably must have value. Same as coins or vouchers that are in online games, coins and vouchers actually have no value, but because the online game service sells it, the coins and vouchers have value.
full member
Activity: 1177
Merit: 102
February 14, 2019, 02:41:11 PM
In my opinion,in fact they are the only ones to destroy those who buy and sell Bitcoin.but you remember it,bitcoin own value is the real think.Because Bitcoin come to crypto market then have been price 0.15$-0.25$ something.
But day by day increase and going to touch 19k.
But it know Bitcoin is the unstable market intelligence,so anytime it will be back.
hero member
Activity: 1190
Merit: 534
February 14, 2019, 06:23:12 AM
I believe that the value of Bitcoin is derived from the trust in the system and overall decentralization of the entire ecosystem. At this stage, any person is willing to pay $3,563 for one bitcoin just because everyone has agreed to transact at that value and this value is based on the law of demand and supply. Even when it comes to the Fiat currency, we believe the $1 currency bill has the value of $1 just because the government tell us to do the same.
member
Activity: 938
Merit: 14
Earn more with Earn Network
February 14, 2019, 05:44:49 AM
The same question can be rephrased as , how does a fiat have any value? This is quite simple. People agreed to move from the era of batter trading to a more convenient way where paper money was issued. People began to accept this in exchange of goods and services and eventually fiat gained value. The same principle applies to Bitcoin.
sr. member
Activity: 1148
Merit: 252
February 14, 2019, 05:15:30 AM
People also accept bitcoin because of the technology behind it,although it is a know cryptocurrency used by so many companies but it volatility is also impressive.
bitcoin or crypto currency was created using technology and development so that it would be needed in modern times and for advances in the economic system
member
Activity: 1204
Merit: 38
February 14, 2019, 01:41:10 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.
the value does not been decided by anyone for Bitcoin it can be anything that demand or its popularity will made the value more higher but the most important thing is people will accept it for their future that's why the value of Bitcoin will be decided and increasing every time.
full member
Activity: 574
Merit: 100
Bitway.net - The Best Bitcoin Mining Network
February 13, 2019, 09:39:27 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.
member
Activity: 728
Merit: 11
https://streamies.io/
February 13, 2019, 08:49:47 PM
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 its own value. Now an era with 4.0 technology, bitcoin is the pioneer in the field of electronic money and it is also the most powerful currency ever.
it does not have a physical form but it is valuable in one platform and people are really in need of it to develop for a good future.
It is really worth the long term investment and it will be of great value when the world must use blockchain technology.
full member
Activity: 686
Merit: 104
February 13, 2019, 08:40:01 PM
the value of bitcoin is only in the market. when many buy, then bitcoin will continue to rise, but for commodities, bitcoin has no value. so do not be surprised if to this day the bitcoin market has not yet risen, because maybe people have started to think that bitcoin must have value for commodities.
newbie
Activity: 4
Merit: 0
January 31, 2019, 07:38:44 AM
Bitcoin is a decentralized cryptocurrency, it's a digital currency it has a value because it's release as a currency like other centralized fiat currency. it have a own usages like other products. gold is a physical commodity if you accept then it's have a value other then it's valueless commodity bitcoin also follow this rule accept and valuable.
newbie
Activity: 81
Merit: 0
August 07, 2018, 12:26:31 PM
It depends on the environment.



Can you elaborate what you mean that it depends on the environment?

Some Non-sense person. but to answer this thread. Bitcoin is a decentralized monetary that has no physical tangibles like Gold or Silver. but still have a value, how can I say ? because we can purchase from it not necessary directly using Bitcoin but as you exchange it to your local Currency you can still purchase stuff you want.
member
Activity: 182
Merit: 10
August 07, 2018, 11:59:41 AM
Rather, Bitcoin appears to have value for the following reasons: It is popular.

that is just your opinion.

anything has value for its utilities. Gold has value not because it is physical but because it has usages. same as anything else.
bitcoin is a decentralized currency and that is its usage and what's giving it value.

I don't Think that it has a value  not only because of popularity. yes It certainly has no tangible presentation like Gold but it has a value. You can purchase things and stuff from GOLD we as well as from bitcoin why? BECAUSE IT HAS A VALUE.
member
Activity: 476
Merit: 12
August 07, 2018, 11:35:53 AM
Everything most not be seen, touch and use physically before we believe it suppose to be valuable. Bitcoin have the greatest usage as far as modern financial technology is concern. Bitcoin is here to ease every traditional financial stress. So expect to value to grow higher.
member
Activity: 166
Merit: 12
August 07, 2018, 11:34:18 AM
Bitcoin has value as well as dollar, euro, yen or any other traditional currency. It's about the number of people who supported the currency. in fact, in any money of sense, no more than we invest.
full member
Activity: 392
Merit: 100
platform for everyday business
August 07, 2018, 10:06:14 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.

Actualy the value of bitcoin is depends on its popularization in the exchange market as being a no one digital currency investment  thats commonly used in the crypto worlds now,so even there is no physical form thats we can seen to the bitcoins because this is only a integral figures,but because of the name bitcoins as the first crypto created by nakamoto,people have a big trust and give its a greater value just like  fiat money and gold.
newbie
Activity: 112
Merit: 0
August 07, 2018, 09:48:52 AM
Bitcoin tied with a dollar, I think so.  But who said that the new currency should look like the rest.
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