Topic: What makes Bitcoin valuable? - page 35. (Read 2956 times)

Bitcoin is more valuable than other things (gold, cash) because it is a brand new technology and it is also decentralized. Also, the international transactions are very fast

because of its high value bitcoin or value. at the same time we can invest in it. well we join trading and so forth.
the most important thing is to invest in bitcoin world can change our fate especially for the poor become millionaire .

That's also one factor that bitcoin is valuable now, the big assets of bitcoin is when you invested on bitcoin you have a profit.
This assets most people want that they have earned profit on bitcoin even though they hold at their wallet and waiting for a right time, this trusted and very promising coins was rapidly spread and adapt to the people because of this. More investors the more bitcoin price valuable to the market.

Bitcoin valuable cause bitcoin is decentralized digital currency and high demand-able so much price. and it one of the best currency all over the world and it is first and mother currency. that's why bitcoin price increasing day by day which is making demand on the market.

Bitcoin is valuable because people are in demand of bitcoin and the value of it is too high. Bitcoin has been and still the number one cryptocurrency for a long time. through bitcoin people are earning extra income. it has given us an opportunity to earn without even investing your hard earned money to it.

Bitcoin makes valuable because many bit coiner's believes it has a value of its own and if bit coiner's value bitcoin then it is truely valuable. Since, bitcoin is valuable many people put their time, energy, effort, money and creativity into it. Bitcoin is valuable because it is safer than any printed currency. This makes bitcoin boom, boom and boom to the moon and back to people who are happily doing bitcoin forum.

Bitcoin is the father of Cryptocurrencies,the whole coin marketcap depends upon the behavior of BTC.If the BTC price goes up the price of other cryptocurrencies automatically goes up and vise versa. BTC is the Price determinant of the whole Coin marketcap.

BTC is based upon blockchain technology which is more advance safe and secure.Its very easy to transfer your BTC from world one place to another place within few minutes and in less fees as compared to other financial institutions.
BTC Crash history reveals that after every crash it bounced back with higher value.According to statement of a Bitcoiner he remembered that time when BTC was trade at $2 and it reached to $800 and crashed to $200,it never reached to zero crash.

BTC started 2018 with continuously price falling and on 6th Feb-18 it went down to $6000 and again it hiked and today stood at $11500,So due to these qualities i can say proudly that BTC is more valuable as compared to other crypto coins.

I got you're point even though it's hard to understand, you mean that the paper currency and the digital currency. Yes it has a big different to used but both are useful to us, these two currency are most valuable now thing on earth. But i think the most. Getting more bitcoin more valuable is that many people trusted this digital currencies and million of investors joined as well.

Bitcoin is different from Government money...it  is safe and useful and bitcoin has technical properties which makes it more flexible and valuable than any other cryptocurrency.

The digital currency Bitcoin has a dedicated following, regularly makes headlines and inspires countless investors to consider making digital currency part of their portfolios. Yet it enjoys the backing of no government or third-party entity like a bank, and it can be hard to understand where its perceived value comes from.

Aside from being its decentralized,the best part of it is its market price which when converted to our own fiat can already build a dream house of my own.That's why i keep on holding to my bitcoin hoping that in the next years,the price will eventually hit my target price at some point.

Yes its true, bitcoin is very safe because its decentralized wherein the technology behind cannot be hacked because no one can get into it, but the real thing what bitcoin makes valuable is the price of it and made effect to its volatility rate. This what made bitcoin so controversial these past few months.

Bitcoins is digital currency and it is decentralized currency. So making valuable is only their one property that is tax free and price volatility which are giving chances to people to do invest. While also there are limited bitcoins in market and their users are increasing day by day which are making their demand high in market.

For me, what makes Bitcoin so popular is because it is new and a new technology. Nobody has ever encountered such as this so people may tend to hype on it.

Bitcoin is becoming more valuable because of the increasing number of crypto fans in the community while its supply is declining due to scarcity. Bitcoin can also give people the opportunity to have financial freedom.

Of course, since the birth of Bitcoin, it has opened up a new world of digital currency, so more people want to invest in Bitcoin so the price is higher.

of course since the day bitcoin was born, it has opened a new world of digital currencies, so more people wanted to invest in bitcoin making the price gets higher until now the most valueable thing about bitcoin will be its price, from 0.1$ in 2010 to 11500$ nowadays, a huge profit for any investors holding bitcoin. So for those who want huge profit nowadays very interested in investing bitcoin due to its price, not its technologies.

If we discard the various theories that are so fond of clogging the head of all kinds of schools and teachings and wonder "what is the value really?", then on a chain of logical reasoning eventually you will be able to come approximately to the following: value is defined by set of desire of people to own (use) a certain asset and its rarity. Rarity until we recline. Let's think about the first point. What makes people use anything or make them own? Answer: utility.
Ask yourself " what is bitcoin useful for People?"Why is he attracting more and more supporters? No one is being forced (unlike public money imposed by legislative methods) to use them. However, I use (sometimes even contrary). So did the useful properties outweigh all the barriers, and quite.
Mining has nothing to do with this issue. It's just ONE of the possible mechanisms to ensure the TECHNICAL functioning of the network. It can be replaced with other mechanisms (some of which can be more effective — i.e. consume less energy, etc.), if the community so desires, although it is unlikely. So do not get hung up on it, drop it yet, and think in another plane.
Total: to understand what the value of Bitcoin, again come to the question, and what is the value of money? Than the ones money can be better than others? Study the properties of money, and understanding will begin to come.
PS. For three days of study, I did not come close to understanding Bitcoin. Personally, it took me at least a month and a half to cover the whole picture. I hope you'll have it faster.

Aside from those factors that may affect Bitcoin's value, I also have some observations that also is considered as factors. For me Bitcoin becomes more valuable due to increasing numbers of crypto enthusiasts in the community while the supply is decreasing due to scarcity. It also has the biggest and strongest community in the history of cryptocurrency due to acceptance and adoption either a country or crypto related payment system and businesses arround the world. Bitcoin can also give people a chance to have financial freedom.

Bitcoin is valueable to everyone. First it is much safer than others.It is fast and easy transactions, It can help people with their financial needs. You can earned more money without feeling hastle your just working at home but earning bigger money.

I agree especially with the last part that "In short, Bitcoin solves massive problems with the financial and political world, and that is its value." Some people forget it's a piece of technology because its most of its inner workings are abstracted from them. I do disagree with your point regarding "safeness" and "fastness". A lot of scams thrive in crypto because it's transactions are final with the added bonus that they remain anonymous. And with regards to speed, it has its scalability issues where more nodes doesn't equate to faster transactions, and i dont know if lightning network can fix this alone.