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Topic: What makes Bitcoin valuable? - page 13. (Read 2956 times)

jr. member
Activity: 238
Merit: 1
https://i.imgur.com/iwknjIj.png
May 06, 2018, 08:34:58 AM
Bitcoin i think became valuable when people demands it by investing and because it is in a way source of income and as a mode of payments.
member
Activity: 239
Merit: 10
May 06, 2018, 08:32:04 AM
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



Bitcoin was seen as valuable because it was being decentralized. And in my own opinion, since it is a non-taxed property in some countries, the demand for bitcoin increases as time passes by. Thus, also increases the value and use of bitcoin. In addition,  compared in physical money the we use,  it is much easier to invest in bitcoin. But then, small issues of bitcoin is about having numerous scams with regards to bitcoin so be in focus.
full member
Activity: 630
Merit: 103
May 06, 2018, 08:30:32 AM
Bitcoin is valuable because of the help it offers like making queue's shorter for payments and the security and services it offers are helpful to everyone who uses it. Bitcoin is one of the best use for Blockchain technology which is revolutionary and used for advancing more technologies.
member
Activity: 156
Merit: 10
May 06, 2018, 08:23:04 AM
Of you can earn bitcoin and know how to use it, you don't have to ask why bitcoin is valuable because it has a lot of advantages in helping people.
member
Activity: 238
Merit: 10
May 06, 2018, 08:00:11 AM
Bitcoin provides a unique service: financial transactions do not require the government to issue money or a bank to process payments. Bitcoin is not like a currency or gold. And it also has many other advantages
newbie
Activity: 196
Merit: 0
May 06, 2018, 07:49:20 AM
The onlu thing that make make me believe that Bitcoin is real is when I cash out and earn some money or when I buy something online with my Bitcoins.
Bitcoin is real and you can cash it ou so stop asking questions like what makes Bitcoin valuable.
member
Activity: 366
Merit: 14
Investment
May 05, 2018, 10:46:25 AM
Bitcoin is so valuable because it is supported by a large number of people. In fact, thanks to the community, it is still the first.
member
Activity: 218
Merit: 10
May 05, 2018, 10:38:59 AM
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



The list that you give is awesome, for me the things that bitcoin more valuable is the safety of the account of the users is secure and the more people joined in bitcoin, more people believes in it, more trust the the users give in bitcoin that is the thing that make them valuable.
newbie
Activity: 238
Merit: 0
May 05, 2018, 10:26:02 AM
Bitcoin is a valuable technology to use it transparently. Bitcoin usage is increasing now Bitcoin has become very valuable in the world and its importance is spreading everywhere.
sr. member
Activity: 518
Merit: 250
May 05, 2018, 10:20:35 AM
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 very valuable to people because it helps them with the investments and trades. They earn money from it and it made bitcoin a career, a very valuable career to the people. Bitcoin also became valuable to the economy because it made transactions online easier and faster. Bitcoin is now accepted in many industries and only time will tell when everyone in the market have bitcoins.
newbie
Activity: 44
Merit: 0
May 05, 2018, 10:20:07 AM
Bitcoins becomes valuable because of its good effect to economy, It delivers financial stability, opportunity for unemployed individual and rapid transaction of money, It is also decentralized innovation which empowers everyone to be free from taxes. And potentially good source of income..
jr. member
Activity: 146
Merit: 1
May 05, 2018, 10:15:45 AM
I think because of its popularity and insufficient stocks thats why bitcoin is very expensive .
And also i believe that bitcoin is very useful that you can use in many ways such as new form of payment or investment to gain more money.

What makes bitcoin valuable? The bitcoin itself. Bitcoin is valuable because it is profitable and in terms of popularity no one can compete bitcoin. And bitcoin has insufficient stocks thatd why it is valubale, the lower the supply the bigger the demand. So bitcoin is one of the most valuable coin.
newbie
Activity: 89
Merit: 0
May 05, 2018, 10:10:37 AM
I think because of its popularity and insufficient stocks thats why bitcoin is very expensive .
And also i believe that bitcoin is very useful that you can use in many ways such as new form of payment or investment to gain more money.
copper member
Activity: 455
Merit: 0
May 05, 2018, 10:01:29 AM
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




I think what makes bitcoin so valuable is that many people believe bitcoin has value, they buy bitcoin and the amount of demand that makes the price increase.
newbie
Activity: 182
Merit: 0
May 05, 2018, 09:53:39 AM
There are lots of things that what makes bitcoin more valuable , the feature it self that makes the bitcoin valuable.  Most important thing is that the protection of the system  and the transparency they provided.
member
Activity: 308
Merit: 10
May 05, 2018, 09:43:45 AM
We will look at bitcoin as currency and bitcoin as a store of value based on the large number of people use bitcoin. But bitcoin nowadays is spreading in different countries in the world they are using cryptocurrency using payment through onlines. It seems possible that bitcoin could eventually increase in price by orders of magnitude, but it all depends on bitcoin's level of adoption.
sr. member
Activity: 896
Merit: 267
★Bitvest.io★ Play Plinko or Invest!
May 04, 2018, 02:30:13 PM
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




I agree to what this person listed here. I will add the fact that the number of bitcoins are definite unlike fiat. I like it because there is no one who can influence the market just by producing unlimited amount of money. It will be fair especially to ordinary people who have a little effect on the market. Also, I love the feature of anonymity in bitcoin because I felt more secure that no one else knows my financial status.
member
Activity: 238
Merit: 10
May 04, 2018, 02:16:10 PM
Bitcoins are mined, and the more bitcoins people have already mined, the harder it is to extract further. The number of bitcoins that can be obtained and put into circulation at all is fixed. Exchange bitcoins occurs "from hand to hand." It is not difficult to store bitcoins, it is expensive to receive or transmit them. Replace "bitcoins" with "gold" - each of these statements will also be valid.
newbie
Activity: 14
Merit: 0
May 04, 2018, 01:37:33 PM
Bitcoin makes deals much faster.
Bitcoin hits the most important of all money applications: financial transfers.
Bitcoin is a technology that is incomparably better than conventional banking operations. However, reality kills the main advantage, as most keep their money in fiat. This is not a flaw in bitcoin, and the standard price that any low-priced currency pays is the need to pay for conversion to the dominant currency.
newbie
Activity: 490
Merit: 0
May 04, 2018, 02:01:30 AM
BTC is now at the top of all crypto currencies. It's become more worthy than gold. Its value is increasing higher and higher. Investors do have a great interest on investing on it for its great profit and safety. Transactions are easy and less costed. 2017 has a great history of Bitcoins value. 2018 might do a history too. Its value will never get down. Price of it may ups and downs but value never.
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