Topic: What makes Bitcoin valuable? - page 34. (Read 2929 times)
There is a few think that bitcoin makes valuable.I will tell only two that's matter to me. Bitcoin is first digital currency based on blockchain technology which is really safe for use. Then you can send "money" anywhere on the world really fast and with little fee.
The emission limit makes the Crypto currency deflationary, that is, they will not be systematically depreciated due to the appearance of new currencies, but may become more expensive due to the increasing complexity of generation. The most common crypto currency "Bitcoin" is limited to an issue of 21 million.
It is none other than that long list of the advantages and the characteristics which bitcoin is having which is helping bitcoin is gaining so much of fame and reputation in the international market as well as amongst the common people. The thing is bitcoin is becoming more popular with every passing day and that time is not too much far when bitcoin will become the world’s most popular currency. 
The emission limit makes the Crypto currency deflationary, that is, they will not be systematically depreciated due to the appearance of new currencies, but may become more expensive due to the increasing complexity of generation. The most common crypto currency "Bitcoin" is limited to an issue of 21 million.
Bitcoin is seen as valuable due to it being decentralized. In my opinion, since it is non-taxed in some countries and away from the government, the demand for bitcoin increases thus increasing the value of bitcoin. Compared to physical money, it is easier to invest with bitcoin. However, the downside of bitcoin is there have been numerous scams with regards to bitcoin.
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 ... Bitcoin is seen as valuable due to it being decentralized. In my opinion, since it is non-taxed in some countries and away from the government, the demand for bitcoin increases thus increasing the value of bitcoin. Compared to physical money, it is easier to invest with bitcoin. However, the downside of bitcoin is there have been numerous scams with regards to bitcoin.
It makea valuable the digital currency Bitcoin has a dedicated following, regularly makes headlines and inspires countless investors to consider making digital currency part of their portfolios.
I think bitcoin is of great value for many reasons. But the main reason I think bitcoin is valuable is the following.
- fast, easy transaction
- not subject to tax.
- Wherever you have internet you can invest in bitcoin.
- do not know personal information when dealing.
I think so.
- fast, easy transaction
- not subject to tax.
- Wherever you have internet you can invest in bitcoin.
- do not know personal information when dealing.
I think so.
i think bitcoin is down value
Bitcoin has a lot of uses,advantages and it really helps a lot in terms of financial. Inspite of those things the reason why bitcoin become valuable,it is because many people use and patronized it as a digital currency. In other word the Demand makes bitcoin valuable with a limited amount of supply.
That is true, bitcon makes valueble because of its advantages and the securities that bitcoin has. In bitcoin you cannot input data easily because you need to follow rules. Aside from that bitcoin is in demand because it gives work to people and because of bitcoin many people becomes millioner and celebrates the happiness of life that bitcoin gives with them. Onve you are a bitcoiner you will grow as you are in that way bitcoin becomes more valueble.
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Because the people believes it is valuable, just like gold. If people values something, it become valuable. Qualities that attribute to it's value:
Being decentralized-no need for banks or mediators to handle transactions.
Popularity-the more popular, the more valuable
Accessibility-a lot of stores, restaurants are accepting bitcoin as payments.
Being decentralized-no need for banks or mediators to handle transactions.
Popularity-the more popular, the more valuable
Accessibility-a lot of stores, restaurants are accepting bitcoin as payments.
Bitcon is valuable becasue of it has a limited supply and a useful one by the help of blockchain technology. There only 21 million bitcoin around the world, it is limited compared to all people around the world. And as we What we know, bitcoin is known for being useful in any ways, you can send it in anytime enywhere, use as payment, it is decentralized digital currency.
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 is valuable the way it help different induals to have their own work and can get incomes in everday life situation. Other than that it is fast and easiest access. By that people are engaging through the used of bitcoin.Like they used it for different transactions for paying and buying goodies. 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
People are afraid of the volatile and highly speculative nature that Bitcoin demonstrates now. It certainly decreases its value for the average person.
The hype round it makes it more popular and more vulnerable in the public opinion at the same time. People are usually afraid of unknown things hugely connected with scandals, scams, 'easy money fastly', blaming with Ponzi schemes and similar brought by media.
This I gues, prevents Bitcoin from more wide adoption. However, its true revolutionary value lays in being an Alternative finacial solution, digital currency able to seriously and technologically rival the traditional financial institutions.
Therefore, the more the tech improves, by using Segwit or upcoming Lightning Tech, the more value it will bring to Bitcoin, the more popular it will become among crypto enthusiasts and will be widely used in daily life.
The hype round it makes it more popular and more vulnerable in the public opinion at the same time. People are usually afraid of unknown things hugely connected with scandals, scams, 'easy money fastly', blaming with Ponzi schemes and similar brought by media.
This I gues, prevents Bitcoin from more wide adoption. However, its true revolutionary value lays in being an Alternative finacial solution, digital currency able to seriously and technologically rival the traditional financial institutions.
Therefore, the more the tech improves, by using Segwit or upcoming Lightning Tech, the more value it will bring to Bitcoin, the more popular it will become among crypto enthusiasts and will be widely used in daily life.
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
With that point, its hard to argue why bitcoin is valueable. With limited supply, bitcoin can be investment too. As we know, that last year bitcoin give gain more than 1000% and thats make many investor want to buy and hold bitcoin
I think it's very clear that bitcoin is valuable because of its high value and put bitcoin in a privileged position in the eyes of many people, especially for those interested in benefiting from the price difference.
In addition, the main factor that makes bitcoin more valuable, because more and more users and enthusiasts who believe in bitcoin to date.
In addition, the main factor that makes bitcoin more valuable, because more and more users and enthusiasts who believe in bitcoin to date.
The best explanation why bitcoin is valuable is by itself. When you all know what bitcoin is, you can see the real value of it. Yes, we want that bitcoin to be always increase their price, but if that was happen i think some investors will not invest on it.
I like that it is easy to carry. But the best thing is that offers huge growth opportunity for investors.
value comes from the basic rule of demand and supply .....bitcoins unlike fiat money is not universally accepted or limited in what it can be used for , however bitcoins it is still used as a store of value and can be exchanged for goods and services.even though it lacks any official government backing or wide acceptance an ecosystem exist in which you find persons who are trading and dealing in bitcoins.infact the acceptance is increasing daily as it has become a means of effecting cross border payments easily and seamlessly without the need for any bank or financial institution.also the bitcoins are limited in terms of the maximum amount that can exist and this prevents devaluation through inflation.bitcoins is decentralized and as such its perfect for transactions that would be banned by financial institutions and banks.In short bitcoins is valuable because of its unique abilities , its decentralized, its limited in supply and is censorship resistant.
If there is ever a centralized coin then there would also be a group that will not want it. Why not just decentralize the coin? Holders and non holders would have less fuss.
Bitcoin is still actual. Despite many cryptocurrencies appeared on the market most of crypto fans believe in Bitcoin. That’s why Bitcoin occupy almost a half of the modern cryptocurrency market.
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 very valuable since its price is fluctuating quikly that gives opportunity to poor countries a chance to gain a massive amount of profit without doing so much work. And the fact that it is not taxed in most countries, many is being lured into bitcoin and enjoys the wealth it could give.
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