Topic: the worth of bitcoins - page 3. (Read 1613 times)
It's well know among crypto traders and it's a government approved form of exchange
The value of bitcoin is currently high and expensive different from the previous year because at this time bitcoin is becoming an attraction in various parts of the world because this bitcoin is a very good place to invest and search for profitable and promising assets.
It is very appropriate for you to believe and believe in bitcoin because what is needed is the confidence and patience to gain success 
Beside all crypto if we concentrate on bitcoin then it is the wise decision and for us all crypto are a good income source and bitcoin is the key for the good future while many businesses are connected with blockchain technology and promoted E Business.
The worth of Bitcoin depends on the market price and capitalization. However, these factors are dependent on the value and demand of the coin at any moment in time. so based on these factors we can say Bitcoin has a lot worth and holders consider it their assets.
i'm sorry but we are very much well known about this knid of information.
Instead of talking about your underperformance in this topic, you should find out more information. I bet you did not even read the OP's post. A bad member
The development of technologies always follows a well-known curve of their adoption, which includes a period of exponential growth. And Bitcoin is no exception. The fundamental difference is that Ponzi and pyramid schemes create value only for the oldest investors by simply redistributing money from new participants. No economic component. Just plain theft.
Bitcoin also creates value for both earlier investors and new ones, providing more and more opportunities to use the currency, the amount of which, moreover, is limited. It is not a deception or theft, but simply the good old law of supply-demand in action, or in other words, the ancient economic principle, in the service of the modern monetary system.
Bitcoin also creates value for both earlier investors and new ones, providing more and more opportunities to use the currency, the amount of which, moreover, is limited. It is not a deception or theft, but simply the good old law of supply-demand in action, or in other words, the ancient economic principle, in the service of the modern monetary system.
History repeats itself. For example, in your post, you brought up gold. The same thing can happen with BTC.
When major businesses start accepting BTC, without a pegged USD price, that's when BTC will be worth more than fiat. That day seems like it's years and years away, but keep a watch out for related news to that goal. Then you will know it's time to buy.
When major businesses start accepting BTC, without a pegged USD price, that's when BTC will be worth more than fiat. That day seems like it's years and years away, but keep a watch out for related news to that goal. Then you will know it's time to buy.
Bitcoin is one of the many cryptography that became popular among traders. One of the reasons for getting the price is that it is used as a medium of exchange solely because of the government's order. In addition, it is also unlike the gold or dollar bills, although cryptocurrency can not be seen thus making some people feel unsafe. However, bitcoin is actually more secure and safe than the fiat currency once you understand the mechanism behind it.
The value of bitcoin is currently high and expensive different from the previous year because at this time bitcoin is becoming an attraction in various parts of the world because this bitcoin is a very good place to invest and search for profitable and promising assets.
These type of posts are really really frequent so forgive me but I didn't read past the 3rd row.
It's really simple. BitCoins are backed by the trust people have in the technology behind it and they are worth what ever the supply and demand determines.
Anything passed that is just semantics.
It's really simple. BitCoins are backed by the trust people have in the technology behind it and they are worth what ever the supply and demand determines.
Anything passed that is just semantics.
i came across bitcoin yesterday. i read the wikipedia article, the bitcoin faq and whatever else popped up on
google. i was immediatly stoked. i like this idea, and think the bitcoin has a future. reading forum posts about
thoughts on this new concept all pull up the same idea "it wont work because there is nothing backing it". i thought
long and hard about this, and i think i have it figured out.
first, an insight on currency in general. buying with currency, is glorified bartering. we used to like someones
cow, and trade two of our goats for it. to each of us, this was fair, and we each walked away with our new animals.
then the government stepped in and decided they deserved a cut of all transactions "to help pay for improvements to
the area they governed" to bring more people to their area, and make more money. they decided to use precious metals
as a base. it was in limited supply and caled valuable(maybe because it was shiny).
trading stuff for gold was the new "bartering". but people wouldnt wanna carry around a large amount of rock, so a
paper symbol was created to carry around called the dollar bill.
so now, we dont trade our two goats for that cow, we trade a symbol of the gold that the cow is worth. its bartering
with a tax
many people coorelate gold as the base of our currency, but thats very wrong. gold is only the base of the "value"
of the currency. the more money that gets printed, the more all money loses value.
bitcoin is not the currency. bitcoin is the gold. its currency is all currency. this could take us back to the roots
of bartering. you can trade anything for bits. services, goods, any national currency, or anything else that could
be bought or sold with any bartering catalyst.
but whats keeping the bits in check? itself. they are slowly releasing bitcoins until 2017, at which time, there
will be 21 million bits in existance. thats the cap. no more will be inserted into the bitcoin economy. from then
on, the only fluxuation will be supply and demand. no inflation, no deficit, and no tampering. gold and bits will have the same limits of finite numbers
depending on the public acceptance, a cheeseburger could cost 10 bits or 1000 bits. my dream is for the
bitcoin to be in high enough demand to be the "credits" we see in sci fi movies. unregulated, and international.
ribuck from freedom radio said so much with one sentence:
In a free world, we need to learn how to evaluate the value of something to us, and learn to stop expecting others
to assign (and guarantee) a value to it.
bitcoins has a lot of potential, the way it reaches its potential is to prove to daily vendors that bitcoins will always have a value.
google. i was immediatly stoked. i like this idea, and think the bitcoin has a future. reading forum posts about
thoughts on this new concept all pull up the same idea "it wont work because there is nothing backing it". i thought
long and hard about this, and i think i have it figured out.
first, an insight on currency in general. buying with currency, is glorified bartering. we used to like someones
cow, and trade two of our goats for it. to each of us, this was fair, and we each walked away with our new animals.
then the government stepped in and decided they deserved a cut of all transactions "to help pay for improvements to
the area they governed" to bring more people to their area, and make more money. they decided to use precious metals
as a base. it was in limited supply and caled valuable(maybe because it was shiny).
trading stuff for gold was the new "bartering". but people wouldnt wanna carry around a large amount of rock, so a
paper symbol was created to carry around called the dollar bill.
so now, we dont trade our two goats for that cow, we trade a symbol of the gold that the cow is worth. its bartering
with a tax
many people coorelate gold as the base of our currency, but thats very wrong. gold is only the base of the "value"
of the currency. the more money that gets printed, the more all money loses value.
bitcoin is not the currency. bitcoin is the gold. its currency is all currency. this could take us back to the roots
of bartering. you can trade anything for bits. services, goods, any national currency, or anything else that could
be bought or sold with any bartering catalyst.
but whats keeping the bits in check? itself. they are slowly releasing bitcoins until 2017, at which time, there
will be 21 million bits in existance. thats the cap. no more will be inserted into the bitcoin economy. from then
on, the only fluxuation will be supply and demand. no inflation, no deficit, and no tampering. gold and bits will have the same limits of finite numbers
depending on the public acceptance, a cheeseburger could cost 10 bits or 1000 bits. my dream is for the
bitcoin to be in high enough demand to be the "credits" we see in sci fi movies. unregulated, and international.
ribuck from freedom radio said so much with one sentence:
In a free world, we need to learn how to evaluate the value of something to us, and learn to stop expecting others
to assign (and guarantee) a value to it.
bitcoins has a lot of potential, the way it reaches its potential is to prove to daily vendors that bitcoins will always have a value.
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