Topic: What makes Bitcoin valuable? - page 21. (Read 2929 times)
Bitcoin isn’t like other currencies in that it is not universally accepted.Bitcoin has value because many people believe in it will make huge exchange future.And also more people put their time,energy,money and creativity into something the more they value it usually.
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 really value, due to it's price, that makes people invest a lot because of the trending up price.
Because bitcoin is the first cryptocurrency coin and its popularity is already proven in the world. And there is one of the most important factors that affect Bitcoin is internet with internet determine the existence of bitcoin.
I think that makes the valuable bitcoin is a limited amount like gold. Then the value of which every year goes up makes people interested to invest. Then bitcoin is spared from taxes. and also all the bitcoin advantages you mentioned above make bitcoin a valuable item.
Bitcoins derive their value just as anything else does
1.because people want them.
2. bitcoin follows the basic rules of supply and demand.
3.Currencies have always been useful tools to make trade easier.
like other currency bitcoin enabling holders to convert goods into a widely tradable commodity through sale, then use the proceeds of that sale to purchase nearly anything they wish and yeah it safe.
1.because people want them.
2. bitcoin follows the basic rules of supply and demand.
3.Currencies have always been useful tools to make trade easier.
like other currency bitcoin enabling holders to convert goods into a widely tradable commodity through sale, then use the proceeds of that sale to purchase nearly anything they wish and yeah it safe.
All your points, nobody can argue against. Completely spot on mate
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 due to the creative and innovative ideology upon which it is built - decentralization. Its value employs the principle of demand and supply. Due to Bitcoin's limited supply and the increasing popularity each time, the demand is always increasing thereby increasing Bitcoin's 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
Also, Bitcoin offers benefits like security, fast transaction, conveniency, owner controlled etc.
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 bitcoin became more valuable because its users are continuing to buy and to use it. I believe that bitcoin will become more valuable because bitcoin is becoming more popular all over the world. 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 blockchain technology behind bitcoin is an intelligent algorithmic process, and from the moment it was born there was no single organization or individual that could control the entire network. Each trade need validation for most of the nodes in order to be effective, and each transaction is recorded in the books of the place of each node, so that even if someone want to tamper with or fraud, must also be at the same time buy most of the nodes in a network. This basically guarantees the security of the transaction, and the transaction costs are greatly reduced because no third party financial institutions are required. That's the value of bitcoin.
Ok, that's big value points! But what about the formula that gives the bitcoin price?
There are millions of bitcoin users worldwide. South Korea will have 5 exchanges. Coinbase in the U.S has millions of users. Its the people that give bitcoin value.
coinbase is become the big exchange in the world and there are more exchanges in japan and when people are all on exchanges the bitcoin gets a lot of value bitcoin is valuable because it is the best asset for the future to come from many people who invest in bitcoin. And the most important factor that affects Bitcoin is the Internet because the Internet determines the existence of bitcoin.
Bitcoin is able to keep someone from spending the same money over and over again. For systems that run without central use, the Bitcoin method is brilliant. Bitcoin is able to transform the Internet from a data transfer system into a value transfer system. In addition Bitcoin is very cheap even close to 0, providing more benefits for users when compared with the cost of credit cards that account for 5% of the total money spent. Troubleshooting in the system. So much credit card information and undue debit cards are taking place in the Bitcoin system that the hard things to do will be instantly removed and the public trust that Bitcoin Bitcoin can also give people the chance to have financial freedom.
Hello,
Many thanks for your motivation, not to forget that bitcoin is the first cryptocurrency/blockchain project that started everything related to crypto.
Best Regards
Many thanks for your motivation, not to forget that bitcoin is the first cryptocurrency/blockchain project that started everything related to crypto.
Best Regards
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
Thanks for bringing up the idea of how bitcoin valuable is I really appreciate it as a newbie in this bitcoin you open my mind of what really the value of bitcoin in the world today and its a challenge for me to stay connected in bitcoin life.
I will stay on board!
The most important value of Bitcoin is its technology. If there were no bitcoins, then most likely the technologies that we now see in the crypt would not be available today.
Most importantly Bitcoin is a symbol of efficiency in running transactions, trade, economy in a nation to improve the quality of world technology in the next generation. I like all the bitcoin technology
Bitcoin is so important, because it was the ancestor of crypto currency, this coin marked the beginning of a new technology that can change the world, so it is so important! In addition, bitcoin does not have a host and all the algorithms have long been prescribed!
For makes bitcoin valuable of course no users are panicking with any issue, they continue to actively use and buy bitcoin so bitcoin needs continue to rise while stock is limited then this will makes bitcoin valuable, and for me the most important thing is to get the goal as I planned to get a big profit one day with hold.
The law of the supply and demand is the reason why the price of the bitcoin continuing to become more valuable. The demand of the people to bitcoin is continuing to increase and the outcome is the price of the bitcoin is becoming more expensive.
as i know thats makes bitcoin is valueable is bitcoin just only 21 million in this world and people in this wolrd is want to buy bitcoin, its makes the bitcoin has a value, i think if people in this world don't want to buy bitcoin the price of bitcoin will decreasing more and more
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