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Topic: How does a Bitcoin have any value? - page 3. (Read 1086 times)

hero member
Activity: 752
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Bcnex - The Ultimate Blockchain Trading Platform
August 07, 2018, 08:39:02 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.
that's true, not only that, there are so many halls that influence bitcoin has the value of starting popularity until Bitcoin is decentralized and limited. This is a major factor for many Bitcoin users.
newbie
Activity: 109
Merit: 0
August 07, 2018, 08:04:45 AM
Bitcoin has a value for assumption is that bitcoin will derive its value both from its use as a medium of exchange and as a store of value. As a footnote to this assumption, it should be stated that bitcoin's utility as a store of value is dependent on its utility as a medium of exchange.
member
Activity: 406
Merit: 19
August 02, 2018, 05:55:39 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.


The value of bitcoin is determined by the strength of its users, whether buyers or sellers, the same as trading goods in the real market, such as gold and silver trading. In terms of investment, bitcoin's better than gold and silver because the value of bitcoin's more volatile.
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Activity: 392
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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
August 02, 2018, 05:25:53 PM
Its value is to make the community more developed in the financial market for special electronic money. This is considered as a new opportunity and quickly promote the national economy as well as the world. Helping people have the opportunity to be rich and successful in life. Reduce the load, and shorten the transaction time.
member
Activity: 237
Merit: 10
July 26, 2018, 10:39:06 AM
to tell you honestly as of now BIITCOIN must have no value.
they were not having a good relation with goverment, though the demand of the people are giving this coin a great value.
this is how bitcoin works.
newbie
Activity: 112
Merit: 0
July 26, 2018, 10:35:22 AM
The more people buy bitcoin, the more expensive it becomes, and consequently the author of rights - the price will grow while bitcoin is popular.
sr. member
Activity: 779
Merit: 250
July 26, 2018, 10:00:12 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.

Bitcoins in the past has a very low value and as the time goes by, the price began to increase due to the demand in the market and now it was classified as a currency and there are online stores that are already accepting a cryptocurrency payment method.
newbie
Activity: 133
Merit: 0
July 26, 2018, 08:35:25 AM
Personally, I think that Bitcoin has value because people shows interest on it. Just like anything else the people are interested to, it will have value, eventually it will need to meet the demand of the people for it meaning, its value will go up like any commodity that has demand.
you are right, something that many people in demand will have value by itself like antiques, antiques are only secondhand but because many people want to get it then its value will be formed according to its quality.
newbie
Activity: 70
Merit: 0
July 26, 2018, 08:31:55 AM
Bitcoin has a value because people use it and patronized it. Bitcoin is a decentralized digital currency which is the best digital investment in crypto world. Bitcoin has a value because people give value on it.
member
Activity: 173
Merit: 19
July 26, 2018, 08:05:53 AM
Personally, I think that Bitcoin has value because people shows interest on it. Just like anything else the people are interested to, it will have value, eventually it will need to meet the demand of the people for it meaning, its value will go up like any commodity that has demand.
full member
Activity: 462
Merit: 100
July 26, 2018, 07:36:33 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.
True, this is what we called High Demand where we can see big progress and big gains because it is being subscribed by many people.
full member
Activity: 952
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★777Coin.com★ Fun BTC Casino!
July 26, 2018, 07:34:40 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 of Bitcoin is through the acceptance of people who are enthusiastic in cryptocurrency. Though Bitcoin is not widely used as legal tender but it is used as render in online shops. Its value grows everyday which is why people patronized it as an evolution of money.
newbie
Activity: 126
Merit: 0
July 26, 2018, 07:32:18 AM
The value of BTC can be against the legal tender issued by the government!
As a competitive currency, Bitcoin limits the excessive use of legal currency. The more the government spawns legal currency, the more people choose bitcoin.
member
Activity: 378
Merit: 10
July 26, 2018, 07:30:12 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.
Anything in this world has its own value and it depends on how we are going to value it. Like Bitcoin its valued because it has given to people a job and earn profit. It gives easy transactions because of its decentralized market.
newbie
Activity: 17
Merit: 0
July 26, 2018, 07:15:20 AM
It's just your opinion, so what do you think gold is worth?
Bitcoin, like gold, has a safe-haven function, and the total amount of bitcoins is certain, and bitcoin is the representative of the blockchain.

Yes and these opinions are sampled and aggregated through how much we buy and invest in it on the market and these market dynamics whether demand or supply determines how we all value bitcoin at any moment in time and that is its true value.

I am a worker and my salary is not enough for my daily expenses and I'll find ways. Because of Bitcoin I have un extra income to support my needs in my life especially when we have a family. When I earn profit i can have money to buy something for my needs and to have the future of my family that's why the Bitcoin have a very big value for me.
full member
Activity: 770
Merit: 101
July 25, 2018, 05:08:49 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 is also used as a traditional currency. In addition to bitcoin's marginal boundary, bitcoin is the world's first algorithmic currency, bringing many advantages and benefits to investors. Traditional currency - inflation, devaluation, tax hikes, transaction hiccups, etc. Along with the Blockchain system, the explosion of the 4.0 carrier, has created the value of bitcoin. Bitcoin is only growing and spreading vigorously in 2017 which has made many nations afraid, bitcoin fears will be bubbles.
member
Activity: 336
Merit: 10
July 25, 2018, 04:43:37 AM
At present, BTC has extremely high value, the current price of BTC has exceeded $ 8000. That's the price people are expecting, but in my opinion they continue to rise
member
Activity: 322
Merit: 10
July 24, 2018, 09:58:36 PM
It is increasingly valuable to the community and to the economy.
Besides, it becomes valuable because someone can use it in a different way as the transaction and people have realized that's why they accept it.
It becomes valuable because it has good liquidity, no tax, ...
newbie
Activity: 56
Merit: 0
July 24, 2018, 04:43:29 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.


   The era of materialism has long been irrelevant. Although every day, realizing our foundations and dreams, our needs nevertheless demand from us with the word "here and now". Cryptography is the key to fast queries. The good it also develops significant steps. Leaving the Fiats behind, and overcoming the new frontiers of "restriction." Obviously, the current market will be significantly dominant, after the implementation of quantum technology. As an example, the Kelvin Blockchain project is based on quantum computing, which is already an innovation! With the coming quantum technologies, the current market must experience many changes. To be more exact, many coins will leave the market, as there will simply be no demand for them, due to the same technological superiority.
   Kelvin Blockchain project itself is flexible to implementing cryptographic algorithms which will make it one of the safest blockchains ever existed with 10+ signature available from the start. This project does not rely on any particular signature algorithm and due to the multi-client use - on some single consensus. In case of any problems, it is possible to quickly locate the threat and prevent it’s distribution throughout the system. Multiple blockchains with different consensus algorithms, token types, and assignments will be available. The multichain technology allows creating almost an unlimited potential for speed and productivity. Kelvin Blockchain can launch up to 2^64 subchains - more available subchains will benefit in increased speed and security. Moreover, all the blockchains will be processed in one wallet so that the client could have fast transactions, secure investments and cheap smart contracts as well as a lot of other services at his hand.
full member
Activity: 1130
Merit: 133
July 23, 2018, 11:10:33 PM
Bitcoin was once a valueless before but due to investment and circulation occur everyday makes it valuable. Besides, it became valuable because maybe someone use it in other way like trading and people had been recognize it that is why they adopt. Bitcoin becomes valuable because it has a function like fiat, hold and many more.
we are consious bitcoin have value while much demand rise in cryptocurrency.without this demand it is impposible for bitcon.this demand caused by it is acceptment in any country.they assume bitcoin technology, ( we called it blockchain ) have good future
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