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Topic: [POLL] Bitcoin has actually value ? (Read 2855 times)

full member
Activity: 182
Merit: 100
September 29, 2015, 03:08:27 AM
#55
I think bitcoin has value. A real value ....... & u  Huh

Of course it has but not as stable as it is but it has value just like any other currency has value it may rise and fall it depends on the economy I guess.
full member
Activity: 224
Merit: 100
September 29, 2015, 01:56:51 AM
#54
I think bitcoin has value. A real value ....... & u  Huh

I think biticoin like any other currency it has its own value, and it depends on the economy whether the value of it will rise or fall.
sr. member
Activity: 354
Merit: 250
September 28, 2015, 12:36:02 PM
#53
Voted!
BTC have actually a big value
The value was made by us
People that use bitcoin,so simple.

I think the same, price will be higher, but not soon
legendary
Activity: 1470
Merit: 1001
September 28, 2015, 12:33:44 PM
#52
People interest in something creates its value. There is an increasing interest in Bitcoin. Some university have credits on bitcoin, lot of new startups working in bitcoin projects ....
copper member
Activity: 2562
Merit: 2510
Spear the bees
September 28, 2015, 08:55:05 AM
#51
The people create the value of Bitcoin.

Supply and demand - the basics of economics.

Only if Bitcoin is used, then it will have value. Otherwise, it's just like collecting dead rats and trying to trade them at the supermarket.
legendary
Activity: 1232
Merit: 1091
September 28, 2015, 08:44:29 AM
#50
As long people are using power and invest their hard earned cash in hardware, Bitcoin obviously has value.
legendary
Activity: 1134
Merit: 1000
September 28, 2015, 08:37:06 AM
#49
I think bitcoin has value. A real value ....... & u  Huh

The concept of real value is questionable. In the meaning that the value is defined having in mind from which point of view we are discuss. A me like the concept which is based to the market. So the real value of something is the value that this thing has in market. In this kind of view bitcoin has without doubt value (even great value). One bitcoin worth in this moment that I am writing 237 us dollar. This is an enormous value if we have in mind the value of us dollar compared with all the other currencies. So it is very important to have some bitcoins in your wallet and trying to increase those as much as you can.
hero member
Activity: 994
Merit: 1000
PUGG.io
July 27, 2015, 12:45:06 PM
#48
I also think btc has a value and real value.
But you should add more options to the poll.
sr. member
Activity: 434
Merit: 250
Loose lips sink sigs!
July 18, 2015, 05:56:27 PM
#47
You shouldn't allow people to vote more than once, it'll skew your findings.

Bitcoin, like every currency, metal, or item that has been traded in the history of humans has value ONLY because people assign it value.
hero member
Activity: 686
Merit: 500
July 18, 2015, 05:48:41 PM
#46
For humans is easy to question value, what would happen if the earth did had free air to breath ? everyone would die right so why dont we value the air we breath and pay the government for it we are already paying for the water if we keep leaving in this system they are trying to control us with.

so if air gives value to life then anything that we create has a value .
newbie
Activity: 42
Merit: 0
July 16, 2015, 11:35:57 AM
#45
Ya everything has a value
hero member
Activity: 770
Merit: 509
July 16, 2015, 07:20:09 AM
#44
Of course it does its worth real money

so if it was not tied with fiat, you will not think that it has a real value?

value isn't based on how much bitcoin is worth in fiat, but on how much people will use it for their normal day activity

Value is always tied to something else. If no other currency ever existed than Bitcoin, then the value would be derived from what people is offering for X good or service, which is true value.
Currencies in itselves don't have any intrinsic value, same for metals.
legendary
Activity: 3248
Merit: 1070
July 16, 2015, 03:05:03 AM
#43
Of course it does its worth real money

so if it was not tied with fiat, you will not think that it has a real value?

value isn't based on how much bitcoin is worth in fiat, but on how much people will use it for their normal day activity
newbie
Activity: 42
Merit: 0
July 15, 2015, 06:12:55 PM
#42
Of course it does its worth real money
legendary
Activity: 1148
Merit: 1006
July 13, 2015, 05:56:52 PM
#41
Bitcoin has no inherent value. Cost for creation and time doesn't matter as long as bitcoiners wouldn't believe bitcoins are worth what they are. Take that believe away and they are worth nothing. So these two answers doesn't matter really.

It's different from other things like bread or something that has a value outside of being a currency.

food and stuff like that have not an intrinsic value, they are only mandatory thing, which i find it to be different, in reality nothing has a real intrinsic value because, everything is only backed up by demand

everyhing is relative, for example for a robot foods is useless and thus it has no value at all

Though it's a difference. If you have bread then you can eat it in worst case. When you have bitcoins and no one wants them then you have nothing. The same goes for fiat paper. Things you need for your life, like things to eat, have a value in it's own. You don't need to sell them, you don't have to care about someone wanting it, you can use it for yourself.

they still have a relative value, not an absolute value, nothing has an absolute value, and with bitcoin if you think about it it's actually the same you can build something on the blockchain that would help to speed up your activity, if you need to move information to another side for example

Yes, a relative value. But that value is given to them because they act as a currency. Sure, bread is worthless to some maybe, but its worth is not lying in the believe that it's worth something. It's really worth something, it's independent from what others think about what it's worth. Bitcoin only has value because others believe so. So the value of bitcoin is given to them by believe. Other things though have a value that is independent of believe.

And the blockchain is bound to bitcoin. Without bitcoin the blockchain would stop to exist. It wouldn't matter anything anymore if it cost money and time to create bitcoins. It can be simply proven by checking out certain altcoins that dropped dead. No one cares anymore that they should have value because someone put work into it. If one would go with that argument then someone could build a house of mud and claim it has to have value since he worked 3 hours on it. It simply doesn't work that way.
legendary
Activity: 1148
Merit: 1006
July 13, 2015, 05:45:02 PM
#40
If we didn't think it has value then I doubt we would be here. Bitcoin has more value than fiat currency which is essentially made up monopoly money that banks print on their own whim. At least bitcoin is decentralized. I think all currency should be created in such a way but obviously that's not in the interests of the powers that be.

Bitcoin has no inherent value.

Surely you can argue the blockchain has a value outside of bitcoin. Many things can be built on top of it so there's value there.

Though the blockchain is only as good as bitcoin is. When bitcoin crashes then the miners don't have their reward, which will bring the usefullness of the blockchain down too.
hero member
Activity: 714
Merit: 500
one for one and 1 2 3
July 13, 2015, 03:49:08 AM
#39
BTC have actually a big value
The value was made by us
People that use bitcoin,so simple.
hero member
Activity: 994
Merit: 1000
July 13, 2015, 01:53:29 AM
#38
I voted it only has value when people think it has value.  That is how I have always thought about any assist excluding maybe gold.  I don't even know if I should exclude gold.  The only reason I say that about gold as pretty much every person knows of its value.

Everybody thinks that fiat currency is backed by Gold, and Bitcoin is not backed by anything so it does not value. And everybody thinks that Gold is better than bitcoin because it is expensive. Gold is not backed by anything, just like bitcoin. The only thing that makes it that expensive is because people value it so much, if people stopped caring about gold, it will all be worthless.
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
July 13, 2015, 01:35:31 AM
#37
Obviously the market cap and trust in any currency 'gives' it value but as far as intrinsic value is concerned it has a small value, bigger than fiat, but smaller than gold, it has a value because it is finite but also it has a value because it is used as a unit of transaction itself. Fiat is like a big bubble, the banks keep printing money out of thin air but BTC is mined and is limited, like precious metals.
legendary
Activity: 1108
Merit: 1002
July 12, 2015, 07:54:13 PM
#36
People think btc has value, so, it has value

if people think shitcoin has value, than shitcoin has value. or paper money, or stamp, etc. because people give value. 
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