Topic: What makes Bitcoin valuable? - page 32. (Read 2929 times)
The high price of bitcoins is formed by the absence of inflation. The maximum number of issued bitcoins is 21 million BTC. As soon as this limit is reached, new bitcoins will cease to appear.
Bitcoin is very valuable because it has many advantages and Bitcoin helps financially a lot. Bitcoin is a currency through which people in the world can trade. Bitcoin is also known as digital currency. Bitcoin has a bright future.
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.
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.
Bitcoin is at the forefront of virtual currency, many people know bitcoin and human's needs for bitcoins are huge. So bitcoin is valuable. More and more people, many companies used bitcoin. The number of bitcoin transactions is increasing so the price of bitcoin is increasing.
so that bitcoin get so big value i think there are many factors. But the main factor for such a high bitcoin is so due. Bitcoins are easy to trade between different countries, not taxed, and privacy is high. In my opinion these factors have made bitcoin valuable
Yes number of factors are there which is making bitcoin more valuable. The decentralization and the profit that is currency people are getting from bitcoin can also be the main reason which is making bitcoin more valuable. In fact it is also because of the increasing demand of bitcoin users. BTC's technical, applicability, speculation has fascinated many people, the number of fans and the support of many investment institutions, and the price of BTC is known to rise.
Yes, I will add something to these features which are described really adds a lot of the value to the bitcoin and newbies always get excited to listen to them, but the best thing which is above all is that the global acceptability of the bitcoin. This feature is heavy on all the other features of the bitcoin because this has the capability to address more than half of the problems faced by any individual or the institutions.
so that bitcoin get so big value i think there are many factors. But the main factor for such a high bitcoin is so due. Bitcoins are easy to trade between different countries, not taxed, and privacy is high. In my opinion these factors have made bitcoin valuable
the thing that makes bitcoin valuable is the bitcoin itself.
many peoples want to own bitcoin, the demands increased.
therefore, bitcoin price is high now.
many peoples want to own bitcoin, the demands increased.
therefore, bitcoin price is high now.
You're right! Bitcoin makes valuable because of its use. It is easy to transact payments, sending money and earn extra income. If people understand its use for sure many will join or invest. What we lack is acceptance of our country and popularity.
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.
the thing that makes bitcoin valuable is the bitcoin itself.
many peoples want to own bitcoin, the demands increased.
therefore, bitcoin price is high now.
many peoples want to own bitcoin, the demands increased.
therefore, bitcoin price is high now.
This is true for those who merely would like to make a profit from Bitcoin. The true value of Bitcoin lies in the security and fast transaction it offers, or should offer.
the thing that makes bitcoin valuable is the bitcoin itself.
many peoples want to own bitcoin, the demands increased.
therefore, bitcoin price is high now.
many peoples want to own bitcoin, the demands increased.
therefore, bitcoin price is high now.
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 is so bery valuable because bitcoin is an aid to many people.Especially in the financial needs of the people.Through bitcoin you can gain so much money and through bitcoin you can be successful in so many ways and in so many things. 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
because Bitcoin is always needed for trading
while some developers are also looking at blockchain technology, about the shortcomings, advantages and compatibility as well as experiments for implementation on some applications
while some developers are also looking at blockchain technology, about the shortcomings, advantages and compatibility as well as experiments for implementation on some applications
BTC's technical, applicability, speculation has fascinated many people, the number of fans and the support of many investment institutions, and the price of BTC is known to rise.
under any circumstances Bitcoin has many uses, advantages and is helpful in many ways financially. Apart from those things, the reason why bitcoin becomes valuable is because many people use and protect it as a digital currency. In other words The demand makes bitcoin valuable with a limited amount of supplies. So in my opinion the bitcoin will continue to grow annually and will be useful for a better future.
It is valuable because of its uses. It is used for payment of all kinds and not all coins has this quality. Apart from other advantages of cryptocurrencies like decentralized, p2p, anonymous etc, bitcoin is a blockchain technology with a relatively limited maximum supply.
Investors are now increasingly trusting bitcoins. The trigger is the legality of cryptocurrency by some major countries in the world. The development of cryptocurrency technology and the stability of some of the major cryptocurrency rates have contributed to this trust. so it makes the demand bitcoin increasing.
In accordance with economic principles, when a cryptocurrency rises in price, it means the number of cryptocurrency requests is greater than the amount of supply. and it makes bitcoin be valuable.
In accordance with economic principles, when a cryptocurrency rises in price, it means the number of cryptocurrency requests is greater than the amount of supply. and it makes bitcoin be valuable.
The valuable of bitcoin is that there is no inflation. The maximum number of issued bitcoins is 21 million BTC. As soon as this limit is reached, new bitcoins will cease to appear.
Bitcoin has value because it gives many people opportunities. There are a lot of people who are able to create an income for themselves and their families because they work with bitcoin. Otherwise that would not be possible for them. These people will stick with bitcoin as long it is possible. And that is another value of bitcoin: it has a community!
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