How does Bitcoin have any value?
Because at the past Bitcoin is used for investment method, as its grow and the investors took it for many other uses Bitcoin gained popularity and now it even overtake the average price of a gold bar, making it short it grows because online investment will soon be the thing in the near future. 
Topic: How does Bitcoin have any value? - page 3. (Read 675 times)
How does Bitcoin have any value?
Bitcoins value is derived from its supply and demand and given supply is relatively stable it comes from demand, this is derived from bitcoins utility. There are many reasons people demand bitcoin, cheap and fast transactions, decentralization, increasing price (speculative holding).
Bitcoin has value because it is not printed by government or banks and have limited supply so there is nothing that can increase its supply and can't have inflation.
There is huge demand for bitcoin from around the world because it is accepted by thousands of merchants worldwide. Also to mine new bitcoin it requires lots of resources (electric + financial) so no any miners will be willing to sell it at lower price for loss.
There is huge demand for bitcoin from around the world because it is accepted by thousands of merchants worldwide. Also to mine new bitcoin it requires lots of resources (electric + financial) so no any miners will be willing to sell it at lower price for loss.
How does Bitcoin have any value?
Jump to: