Bitcoin is very valuable for those who have a reason because bitcoin is very profitable and the highest price among other coins. and in addition it is very safe and easy to transact and tax free.
the many benefits of bitcoin money make everyone earn a great income and make their lives better.
Topic: What makes Bitcoin valuable? (Read 2876 times)
The technology behind bitcoin, that is blockchain makes bitcoin valuable. Blockchain is a revolutionary technology in no doubt and we can see more and more ventures making use of the technologies. Bitcoin and many other strong cryptocurrencies which are built on blockchain will become more and more valuable in the long run.
why bitcoin is worth a bitcoin is a bit too much bitcoin helped me in my life so this is what I'm doing because it's my treasure to inherit my children
Everyone in the crypto space has had people tell them that Bitcoin is worthless or that it doesnt have any true value.
Of course, thats infuriating to hear, but for investors new to the space, its sometimes hard to craft a good answer.
So heres a little cheat sheet for any newbies out there who get this question or accusation:
1. Bitcoin is safe. It cant be hacked because its decentralized.
2. Bitcoin eliminates layers of transaction fees.
3. Bitcoin is fast (especially after the lightning upgrade).
4. Bitcoin provides more privacy than normal transactions.
5. Bitcoin hedges against stupidity from central banks and governments.
6. Bitcoin cant be counterfeited.
7. Bitcoin isnt tied to other asset classes and is a hedge against other investments.
In short, Bitcoin solves massive problems with the financial and political world, and that is its value.
And because its the most tested and has first mover advantage, it has been established as a store of value, much like digital gold.
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@charteroakpublic
- a Telegram channel with leaks from premium sources like Palm Beach Confidential
Gold is valuable because everybody agree that it is valuable. Bitcoin became valuable now because it is becoming so popular and everybody wanted to have a piece of it and while it is very scarce, that makes it so valuable now. Scarcity is the main characteristic why bitcoin is so expensive. Of course, thats infuriating to hear, but for investors new to the space, its sometimes hard to craft a good answer.
So heres a little cheat sheet for any newbies out there who get this question or accusation:
1. Bitcoin is safe. It cant be hacked because its decentralized.
2. Bitcoin eliminates layers of transaction fees.
3. Bitcoin is fast (especially after the lightning upgrade).
4. Bitcoin provides more privacy than normal transactions.
5. Bitcoin hedges against stupidity from central banks and governments.
6. Bitcoin cant be counterfeited.
7. Bitcoin isnt tied to other asset classes and is a hedge against other investments.
In short, Bitcoin solves massive problems with the financial and political world, and that is its value.
And because its the most tested and has first mover advantage, it has been established as a store of value, much like digital gold.
-
@charteroakpublic
- a Telegram channel with leaks from premium sources like Palm Beach Confidential
Bitcoin derives its unique value from the fact that despite its lack of official backing or wide acceptance, it has generated an ecosystem in which many people are willing to trade and accept it. bitcoin, like gold has value because people believe it has value.
If we discard the various theories that are so fond of clogging the head of all sorts of schools and teachings and wonder "what is the value in fact?"that chain of logical reasoning, in the end, you will be able to come around to this: value is determined by the aggregate desires of people to own (use) a certain asset and its rarity. Rarity until we drop. Let's think about the first point. What makes people use or own? Answer: usefulness.
Ask yourself ," what is bitcoin useful for People?"Why is he attracting more and more supporters? No one is being forced (unlike public money imposed by legislative methods) to use them. However, enjoy (sometimes even contrary). Means?
useful his properties outweigh keep barriers, and quite strongly.
Mining has nothing to do with this issue. This is just one of the possible mechanisms for ensuring the TECHNICAL functioning of the network. It can be replaced with other mechanisms (some of which can be more effective — i.e. consume less energy, etc.), although it is unlikely, if the community so desires. So do not get hung up on it, throw it away yet, and think in another plane.
Ask yourself ," what is bitcoin useful for People?"Why is he attracting more and more supporters? No one is being forced (unlike public money imposed by legislative methods) to use them. However, enjoy (sometimes even contrary). Means?
useful his properties outweigh keep barriers, and quite strongly.Mining has nothing to do with this issue. This is just one of the possible mechanisms for ensuring the TECHNICAL functioning of the network. It can be replaced with other mechanisms (some of which can be more effective — i.e. consume less energy, etc.), although it is unlikely, if the community so desires. So do not get hung up on it, throw it away yet, and think in another plane.
Valuable it makes only the recognition of everyone else.
Everyone in the crypto space has had people tell them that Bitcoin is worthless or that it doesnt have any true value.
Of course, thats infuriating to hear, but for investors new to the space, its sometimes hard to craft a good answer.
So heres a little cheat sheet for any newbies out there who get this question or accusation:
1. Bitcoin is safe. It cant be hacked because its decentralized.
2. Bitcoin eliminates layers of transaction fees.
3. Bitcoin is fast (especially after the lightning upgrade).
4. Bitcoin provides more privacy than normal transactions.
5. Bitcoin hedges against stupidity from central banks and governments.
6. Bitcoin cant be counterfeited.
7. Bitcoin isnt tied to other asset classes and is a hedge against other investments.
In short, Bitcoin solves massive problems with the financial and political world, and that is its value.
And because its the most tested and has first mover advantage, it has been established as a store of value, much like digital gold.
-
@charteroakpublic
- a Telegram channel with leaks from premium sources like Palm Beach Confidential
For me, the only thing that makes bitcoin valuable is itself. Bitcoin helps me and other people here in bitcoin world that grab some opportunities to make some money and earn a lot of bitcoin here. It gives us an opportunities to make ourself a wealthy person and become better one. Of course, thats infuriating to hear, but for investors new to the space, its sometimes hard to craft a good answer.
So heres a little cheat sheet for any newbies out there who get this question or accusation:
1. Bitcoin is safe. It cant be hacked because its decentralized.
2. Bitcoin eliminates layers of transaction fees.
3. Bitcoin is fast (especially after the lightning upgrade).
4. Bitcoin provides more privacy than normal transactions.
5. Bitcoin hedges against stupidity from central banks and governments.
6. Bitcoin cant be counterfeited.
7. Bitcoin isnt tied to other asset classes and is a hedge against other investments.
In short, Bitcoin solves massive problems with the financial and political world, and that is its value.
And because its the most tested and has first mover advantage, it has been established as a store of value, much like digital gold.
-
@charteroakpublic
- a Telegram channel with leaks from premium sources like Palm Beach Confidential
Everyone in the crypto space has had people tell them that Bitcoin is worthless or that it doesnt have any true value.
Of course, thats infuriating to hear, but for investors new to the space, its sometimes hard to craft a good answer.
So heres a little cheat sheet for any newbies out there who get this question or accusation:
1. Bitcoin is safe. It cant be hacked because its decentralized.
2. Bitcoin eliminates layers of transaction fees.
3. Bitcoin is fast (especially after the lightning upgrade).
4. Bitcoin provides more privacy than normal transactions.
5. Bitcoin hedges against stupidity from central banks and governments.
6. Bitcoin cant be counterfeited.
7. Bitcoin isnt tied to other asset classes and is a hedge against other investments.
In short, Bitcoin solves massive problems with the financial and political world, and that is its value.
And because its the most tested and has first mover advantage, it has been established as a store of value, much like digital gold.
-
@charteroakpublic
- a Telegram channel with leaks from premium sources like Palm Beach Confidential
Bitcoin is valuable because of its limited supply with a really worthy price. It is also has the capability to be decentralized and avoid the controlization of the government. Because of it, it is non-taxable and for this people having interests in bitcoin is increasing. Between real money and bitcoin, bitcoin is more preferable in investment. Of course, thats infuriating to hear, but for investors new to the space, its sometimes hard to craft a good answer.
So heres a little cheat sheet for any newbies out there who get this question or accusation:
1. Bitcoin is safe. It cant be hacked because its decentralized.
2. Bitcoin eliminates layers of transaction fees.
3. Bitcoin is fast (especially after the lightning upgrade).
4. Bitcoin provides more privacy than normal transactions.
5. Bitcoin hedges against stupidity from central banks and governments.
6. Bitcoin cant be counterfeited.
7. Bitcoin isnt tied to other asset classes and is a hedge against other investments.
In short, Bitcoin solves massive problems with the financial and political world, and that is its value.
And because its the most tested and has first mover advantage, it has been established as a store of value, much like digital gold.
-
@charteroakpublic
- a Telegram channel with leaks from premium sources like Palm Beach Confidential
i will not say that compared to usuall financial money bitcion also has a bright potential. just based on what my friends told me, what makes btc valuable is it is safe, has a great potential for investment, and easy to understand.
I firmly believe that only two of the most important factors affecting Bitcoin, the Internet and market demand, the Internet determines the existence of bitcoin is meaningful, and the market demand is to determine the current price of Bitcoin and the future price forecast.
Your thoughts are very good and should be imitated because your thinking is so true that bitcoin there are only two facto that gives the future bitcoin still triumph until now that is internet and market demand so if one of them not listed each other then I am sure bitcoin difficult to raise degree to toward a bright future. 
It became valuable due to high demand, and being decentralized of it untraceable transaction that cannot determine on how much you sent, and as you can see bitcoin has many benefits that we can use in our daily life's we can convert it through our fiat that we can use to buy some stuffs.
The number of users becomes a very important thing, as we know that the main factor that makes bitcoin up is the user who buys, if many buy it automatically the price will skyrocket due to limited bitcoin stock.
Probably because the bitcoin is safe and the transaction system is fast which makes bitcoin worth now. I am sure in the future bitcoin aja be very useful for people who want to use fast payment.
Bitcoin is valuable to everyone because of the advantages and benefits that bitcoin give to us because of that our life become stable and comfortable but the most reason why bitcoin is valuable because of the popularity it has. The market demand and the limited supply makes it more valuable.
Bitcoin is valuable because it is the first cryptocoin. If an investor wants to join this sector, he firstly buys bitcoin. And bitcoin is seen as the whole cryptosector. If btc falls, the others fall too. It is like the name of cryptocoins.
what makes bitcoin valuable is the amount of its supply and how many its users is. With the increasing demand in bitcoin its supply still remains the same and by that its price continue to go up. Many users use bitcoin because its much easier to invest and use. Its much faster to transfer and much secure.
The emission limit makes the Crypto currency deflationary, that is, they will not be systematically depreciated due to the appearance of new currencies, but may become more expensive due to the increasing complexity of generation.
It's not always the price gives bitcoin value but the people who use it, the bitcoin is much more valuable to us if we value it more than its value. We can see that it's value is depends on it's own demans each day, so people are the reason why is bitcoin becomes more valuable.
bitcoin makes valuable because of its own demand each day. more (small, big, company) business now are adopting bitcoin (cryptocurrency) as a mode of payment online. as you can see the graph of bitcoin last year pump huge, and they think that pump has never ending, but after year end (2017) bitcoin price dropped and its rolling around $10k+ - $11k+ now. meaning the value of bitcoin is in the users/holders, if they dump a huge amount of bitcoin each day, the value will drop but if they buy and hold more amount, the value will pump. and that makes bitcoin valuable.
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