The number of BTC is capped, and the cost of BTC is very high, and the price of BTC will be higher and higher in the long term.
Topic: What makes Bitcoin valuable? - page 14. (Read 2876 times)
I think one of the reasons that makes bitcoin valuable is because bitcoin is very much in demand by many people in the world. Another is that bitcoin helps us by being convenient and gave us less hassle in most of the transaction.
I agree with you, people are having a high demand towards Bitcoin and it tends to bring more popularity in Bitcoin. And it makes it valuable; also the price makes it more valuable.I think one of the reasons that makes bitcoin valuable is because bitcoin is very much in demand by many people in the world. Another is that bitcoin helps us by being convenient and gave us less hassle in most of the transaction.
I agree with you, people are having a high demand towards Bitcoin and it tends to bring more popularity in Bitcoin. And it makes it valuable; also the price makes it more valuable.
I think one of the reasons that makes bitcoin valuable is because bitcoin is very much in demand by many people in the world. Another is that bitcoin helps us by being convenient and gave us less hassle in most of the transaction.
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
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 you say is true this's the uniqueness of bitcoin. Bitcoin always gets support from the community because of its bullish behavior in the crypto market. Although bitcoin often decreased in a row in the end bitcoin prices have always moved and lead to greater changes.
A large number of people have realized the potential of bitcoin better than institutional money especially in terms of its impact or effectiveness.
The emergence of old user statements that begin to justify the potential of bitcoin, which previously, once considered bitcoin's a fraud. This ultimately leads to increased public and corporates interest to adopt bitcoin. Even investors unfamiliar with cryptocurrency have contributed a lot of new money to bitcoin which will make the situation very unstable as investors expect bitcoin prices to continue rising.
The value of bitcoin cannot be objectively assessed. The cryptocurrency market is too young and is a sphere of mass manipulation. The price that will be really objective will be achieved in the extraction of the last bitcoin.
In my opinion, what makes Bitcoin so popular is because it is new and a new technology. Nobody has ever encountered such as this so people may tend to hype on it.
Bitcoin is valuable. I think it's because it's the first well recognized and most valuable coin in the whole universe.
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
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 it gives income profit to anyone who embrace bitcoin.Bitcoin will treasure people because its a big help to anyone because bitcoin serves as a source of income to everybody who wants to connect in bitcoin.
For me! I think:
1. Bitcoin is safe. It cant be hacked because its decentralized.
Answer: Depends how much you use!
2. Bitcoin eliminates layers of transaction fees
Answer: No, i have some times pay $20 for fee
3. Bitcoin is fast (especially after the lightning upgrade).
Answer: may be
4. Bitcoin provides more privacy than normal transactions.
Answer: may be
5. Bitcoin hedges against stupidity from central banks and governments.
Answer: I don''t know
6. Bitcoin cant be counterfeited.
Answer: I don''t know
7. Bitcoin isnt tied to other asset classes and is a hedge against other investments
1. Bitcoin is safe. It cant be hacked because its decentralized.
Answer: Depends how much you use!
2. Bitcoin eliminates layers of transaction fees
Answer: No, i have some times pay $20 for fee
3. Bitcoin is fast (especially after the lightning upgrade).
Answer: may be
4. Bitcoin provides more privacy than normal transactions.
Answer: may be
5. Bitcoin hedges against stupidity from central banks and governments.
Answer: I don''t know
6. Bitcoin cant be counterfeited.
Answer: I don''t know
7. Bitcoin isnt tied to other asset classes and is a hedge against other investments
yeah, with BTC you can do many things, you can't do another time))
I just thought, that BTC give good opportunity for usual people
I just thought, that BTC give good opportunity for usual people
Bitcoin price and its value is determined by the exchange on which it is been traded and the actors on that exchange. Actors in this sense stands for the buyers and sellers - the willingness of sellers and buyers to sell and buy at certain high or low prices respectively.
The value is also determined by the principle of "supply and demand". Due to Bitcoin's limited supply and high demand, it's value is always on the rise.
The value is also determined by the principle of "supply and demand". Due to Bitcoin's limited supply and high demand, it's value is always on the rise.
i think it is because it has huge demand that causing bitcoin value very high.
because many peoples know abour bitcoin now the demand keep increasing.
because many peoples know abour bitcoin now the demand keep increasing.
For the valuability of btc it is based on it's security in trading with it because of its blockchain based and also the market set price for it above all other altcoins.
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
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 the many people supporters and the expensive price keeps bitcoin valuable.
Since the day when bitcoin was created, it has opened a new world of digital currencies, so now more people wanted to invest in bitcoin, and it making price even higher
For me the most valuable part of bitcoin is can give lots of people and new life, cuz it can be earn free while were usibg our social activity. Bitcoin is our saviour!!
A good question, I can say that bitcoin is very convenient and something new in the world probably that attracts the attention of new people.
Bitcoin is too much valuable due may reason most of the most important fact you already say that Bitcoin Is safe and privacy is most of them useful. market demand controls the price of Bitcoin and the future will be more rise and better than now. Bitcoin is decentralized decision making so it's impossible to haked. Bitcoin is a guardian al of the cryptocurrency.for the most part of Bitcoin, it's an asset for future like that many others reason for Bitcoin are valuable.
In my own understanding, I think bitcoin is valuable in the sense that government from any country may have hard time in tracing and adding of taxes in every transactions made. Lastly, bitcoin is a social network where many people from around the world may interact and do transaction faster than the usual way in relation to money transactions.
Well bitcoin was the kind crypto currency ever so it has gained some popularity and trust among people which has raised its demands greatly.And with it's demand the number of bitcoins isn't unlimited it is only up to 21 million.Bitcoins are also valuable because it is anonymous and decentralised which peek interest of many people and bitcoin are great for long term investment.
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