Topic: What makes Bitcoin valuable? - page 19. (Read 2929 times)

I don't agree in number one. No matter how it is decentralized hackers can attack it. Because sometimes I do believe that it will be counterfeit by genius programmer in the world of operations system in terms of analog or digital techniques.

Bitcoin became valuable because the people believed that it is valuable, as long as the people are having faith to bitcoin and they believed that it has a value then it will continue to have a value just like in gold, it will not become that expensive if the people does not believed to that and if they are not purchasing it to the price that they think that is the worth of gold.

I think bitcoin is important as in government from any nation may have hard time in following and including of assessments in each exchange made. Likewise, there is a top arrangement of the aggregate bitcoins which restrains how much money can downgrade through swelling. It acts like a value venture where the market esteem has wild swings in esteem and even a market top. Finally, bitcoin is an interpersonal organization where numerous individuals from around the globe may connect and do exchange quicker than the standard path in connection to cash exchanges.

Bitcoin is valuable in the sense that it has many uses. It can help you at any cost at any time especially in financial problems. It has its unique sense of help in an individual whether on how he/she uses his/her Bitcoin in his/her daily life.

Technological developments are increasingly advanced so as to make bitcoin can be a payment to buy and pay for something you buy so bitcoin becomes frequently used for several payment methods. And I think that's what makes most bitcoin prices have selling points

Bitcoin is building more trust to its users and it is the reason why the price of the bitcoin is becoming more valuable. Bitcoin is becoming more popular because of its importance in our economy and society.

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.

Truly number of variables are there which is making bitcoin more significant. The decentralization and the benefit that is cash individuals are getting from bitcoin can likewise be the primary reason which is making bitcoin more profitable. Truth be told it is additionally a result of the expanding interest of bitcoin clients.

Yes, obviously BTC is decentralized currency. BTC is an initial crypto currency so it has worth in trade market. BTC is trend maker and fortunately it is on the peak. And BTC merged with Blockchain, and we know Blockchain is integrate companies and all their assets and money into one platform. So these points makes this valuable..!!

A key benefit of bitcoin is known as “censorship resistance,” its ability to be used for transactions that could normally be censored by other payment networks. That the main feature which makes bitcoin valueable, in my opinion.

Bitcoin, like gold has value because people believe it has value. If people value something, it is “valuable” to them. Often we attribute value to things simple because we can do something with it that cannot be done otherwise.

Bitcoin is different than fiat (Government money) in that there is nobody forcing you to use it (to pay your taxes, etc), or preventing you from using it (as in capital controls, etc).
Bitcoin is neutral: it is indifferent to where you were born, where you live, who you are, what you are buying, etc.
Bitcoin has technical properties which make it much more flexible, programmable and reliable in certain situations, so it has properties which might make it more valuable to someone who needs those.
Most of the value today is speculation because people believe it could replace many sections of our economy currently controlled by banks.
For some people, those are very valuable properties (and there are many more reasons not listed here), therefore they are willing to trade fiat money for bitcoin. That is how the price rises.

The more people put their time, energy, money and creativity into something, the more they value it usually. Therefore people like myself assign a lot of value to it as we are helping the network to grow and become more usable.

For my opinion,every currency is valuable and some that make bitcoin different from others
And some perceive bitcoin to be more valuable,or more useful,than other currencies in that it
Is a better option for the purposes such as a digital transfers.

Demand makes bitcoin become more valuable than before. Bitcoin has limited supply of 21 millions. As time passing by, the value of the bitcoin is rising up because of the limited supply of the bitcoin. I think it is the reason why we should hold our bitcoins.

Its scarce

Bitcoin has a lot of advantages, it play a important role in financial, transaction of money, do online payments and so on. We cont hack the bitcoin easily because it is decentralized.If we hold for long we defiantly get profit so that makes BTC valuable.by getting profit is only valuable for bitcoin.

the decentralised nature of the currency

Its simplicity and quick convenience. you can send money at any time quickly and conveniently.

It has all characteristics of a currency

Bitcoin is more valuable than other things. Because, bitcoin is the first generated Crypto. At the same time, it has a limited supply and a useful one by the help of blockchain technology.

Bitcoin is easy to earn and easy to invest as compare to fiat. Well maybe since bitcoin is decentralized and every people like this fact and making money with it. Another is that bitcoin helps us by being convenient and gave us less hassle in most of the transaction. And bitcoin is the safest way for investment.