What makes Bitcoin valuable? - page 30.

maichimoto

newbie

Activity: 238

Merit: 0

Quote from: [email protected] on January 31, 2018, 11:19:33 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

It's always only about the value regular people are giving to it. For how much they're willing to buy and sell. Simple as that. Meanwhile fiat money values are forced upon us

Blackhammer321

member

Activity: 400

Merit: 59

What really made bitcoin so valuable is the investors and people who makes the price increases and decreases. The high demand for bitcoin made the prices incredibly high and pretty fast to burst that is why 2017's last quarter is great time for bitcoin to blow because of popularity it got the whole year and the trusts it gain. Nonetheless, bitcoin will be less valuable as many ICO's are proposing.

carlnguyen

newbie

Activity: 30

Merit: 0

bitcoin is nothing, the blockchain technology behind it is everything

mankind server

jr. member

Activity: 52

Merit: 3

Bitcoin is too much noteworthy due may reason a substantial segment of the most basic reality you starting at now say that Bitcoin Is ensured and security is by far most of them accommodating. grandstand ask for controls the cost of Bitcoin and the future will be more climb and better than now. Bitcoin is decentralized fundamental initiative so it's hard to haked. Bitcoin is a guardian al of the cryptocurrency.for the most bit of Bitcoin, it's favorable position for future like that various others clarification behind Bitcoin are huge.

TeksLaban

newbie

Activity: 21

Merit: 0

Bitcoin is excessively significant due may reason a large portion of the most critical reality you as of now say that Bitcoin Is protected and security is the vast majority of them helpful. showcase request controls the cost of Bitcoin and the future will be more ascent and superior to now. Bitcoin is decentralized basic leadership so it's difficult to haked. Bitcoin is a gatekeeper al of the cryptocurrency.for the most piece of Bitcoin, it's an advantage for future like that numerous others explanation behind Bitcoin are significant.

Imaginary_Ad

newbie

Activity: 1

Merit: 0

Following

odranoel

member

Activity: 602

Merit: 10

The most valuable thing in this bitcoin is technology.The digital currency.Every currency is valuable and some that make bitcoin different from others.

drukoz2

member

Activity: 395

Merit: 10

The most valuable thing in bitcoin is its technology, which distinguishes it from all currencies and investments that exist now.

Ratash

full member

Activity: 1540

Merit: 102

the bitcoin is valuable because its a decentralised cryptocurrincy so goverments can not interfere in bitcoin trading so the price even if he falls he will pump up again.

simaislam

newbie

Activity: 93

Merit: 0

bitcoin makes valuable because it's a decentralized digital currency and censorship resistance payment system with high security and good privacy with also highest value among crypto currencies. bitcoin attracts with it's unique ability to give people a good income. it has a high demand.

pdutta

copper member

Activity: 616

Merit: 0

Bitcoin makes valuable because it is a decentralized digital currency and censorship resistance payment system with high security and good privacy with also highest value among crypto currencies. It is becoming more popular day by day. Because of bitcoin's worth going through the peak. The tremendous growth of it admires entrepreneurs, investors and traders who show their interest in giving bitcoin business solutions.

rampage101

member

Activity: 182

Merit: 10

Bitcoin attracts with its unique ability to give people a good income. And only then is it a decentralized currency, convenient money transfers and everything else.

just a man

full member

Activity: 266

Merit: 100

Partner of UBER GRAB GOCAR

Quote from: cloud.runner on March 08, 2018, 07:59:05 AM

I think it’s the Blockchain, which makes Bitcoin valuable. In the Blockchain theory, the more compute power is used, the more valuable the Blockchain will be.

Blockchain is making more people with money into using a computer. The old people with a lot of cash need to adapt.

supermine

hero member

Activity: 826

Merit: 518

Simply bitcoin's demand makes it more valuable this is due to the fact that many people are holding their bitcoin so the circulation is low when new investors coming to invest on bitcoin then it will create more and more demand which causes more price.But the availability of the bitcoin made it most expensive currency because its availability is just 21 Million and it is very low when compared to other currencies.

Finestream

hero member

Activity: 3052

Merit: 606

Quote from: lampukoe lumo on March 08, 2018, 02:51:52 PM

I think one of the reasons that makes bitcoin valuable is because bitcoin is very much in demand by many people in the world, and people think bitcoin is a great place to keep our money like a stock or a great place for future investments. and bitcoin is not taxed, And bitcoin is very safe it can not be hacked unless we send it wrong for me only that's what makes bitcoin valuable.

I do believe that bitcoin is really the best investment a man could ever dreamed of.The price may always fluctuate but in times it will be converted into our own currency,the price is just really so much higher than any other digital currency.And the fact that its decentralized,people would go after it because we,users and holders are the main controller of our own savings or investment.Plus it is tax-free here in our country,no wonder it will really attract lot of investors.

Games.Bitcoin

member

Activity: 322

Merit: 11

Tontogether | Save Smart & Win Big

Bitcoin's value is like platinum's value we place it subjectively based on its rarity etc.

Jessica2009

full member

Activity: 348

Merit: 100

Bitcoin the digital currency has taken place on it regularly bitcoin make and inspires in medias and hence it has gained popularity and more people get interested in Bitcoin.Since Bitcoin transaction is done without the interference of a third party influence and the government or the Bank has no priority in the traction of Bitcoin this makes Bitcoin valuable. Bitcoin is transacted all over the global with ease and fast to buy goods and services all over.

Invest.Ort

newbie

Activity: 112

Merit: 0

Thank you for the clear explanation, my people had the same questions, all the same with the same words

lampukoe lumo

member

Activity: 182

Merit: 20

I think one of the reasons that makes bitcoin valuable is because bitcoin is very much in demand by many people in the world, and people think bitcoin is a great place to keep our money like a stock or a great place for future investments. and bitcoin is not taxed, And bitcoin is very safe it can not be hacked unless we send it wrong for me only that's what makes bitcoin valuable.

fulmetal08larz

full member

Activity: 476

Merit: 124

Everything about bitcoin will become a necessity for future monetary system. The advancement and development of our technology is rapidly approaching digital age wherein every transaction should be smooth and hassle-free. Traditional ways are wasting a lot of our time which makes bitcoin and its technology a very valuable asset.

Topic: What makes Bitcoin valuable? - page 30. (Read 2929 times)