Topic: What makes Bitcoin valuable? - page 7. (Read 2956 times)
Bitcoin's status as a pioneer of cryptocurrency and blockchain technology will not be displaced at any time, but that does not mean a brighter future is guaranteed for Bitcoin.
The transparency of transactions the most.
At the moment, bitcoin value is its anonymity and rapid growth.
Anonymity = failure to pay taxes.
Fast growth = high profitability in a short time.
Anonymity = failure to pay taxes.
Fast growth = high profitability in a short time.
I believe, bitcoin is more valuable. Because it is trusted, decentralized, our interest and our investment in bitcoin which makes it valuable. Also it has limited supply and increasing demand.
Bitcoin has value because Bitcoin is now being considered into a financial system. bitcoin is being accepted by many places as a legitimate payment system. We are currently just waiting for the government, we are waiting for a regulation that can regulate the circulation of digital currency for the better. If this can be done then I am very confident that Bitcoin can be one of the strengths in the world's financial system. 
bitcoin becomes very valuable because very little bitcoin supply makes bitcoin difficult to obtain and many miners have difficulty getting bitcoin so bitcoin becomes very expensive, not only that bitcoin can also be used for any payment method that proves more secure and comfortable.
I would risk my life for the bitcoin I keep. That's what makes it valuable for me. I rely on bitcoin to secure my future and the future of my family. But a dont set aside my first job. But I keep on investing on it because if you're a believer, you will get a good profit.
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
Yeah right and also with these things we can give another explanation like in the bitcoin your money will be your , may be the value of the amount of money that you invested changed in to small get up ( that totally depends upon the market demand values ) .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
But the amount of the money that you have will be totally in your control that whether to use and Whether to not to use .
For example if we put our money in bank then bank will give very small amount of % as a interest and also will deduct big amount of fee that is really a bad thing and if we will put our money in blockchain technology then no one will be between us and our money .
So a type of freedom and independency we will get in bitcoin to spend anywhere in the world without restrictions .
I will call you the main factors that make Bitcoin valuable. These are anonymity and the possibility to make international transactions for a very small fee. It is also a decentralized currency, which is very important.
It is true that you are saying that you have to name my name as well as the other to be the main factor causing the high bitcoin price because of our bitcoin to remain victorious and so important that the future of bitcoin muali is seen by everyone.
Simply, the principle of supply and demand applies here. Bitcoin is limited in supply whereas the demand is high, so definitely, there will be a value created for it. Also, people prefer to patronize Bitcoin and other cryptocurrencies due to the decentralized nature of it, thereby making users financially free from third party interruptions during transactions. All these factors come together to enhance the value of Bitcoin.
Many peoples know abour bitcoin now the demand keep increasing.It is because it has huge demand that causing bitcoin value very high.It gives income profit to anyone who embrace bitcoin.Bitcoin will treasure people because its a big help to anyone because bitcoin serves as a source of income to everybody who wants to connect in bitcoin.
I think the first one is clear as more and more people are using bitcoin as a means of payment, meaning that more people need it, raising the price. in addition to the increasing number of countries that legalize bitcoin will have an impact on trust in btc itself.
One of the reasons for us to hold the coins is the limited availability of the bitcoin which is 21 M as we all know. So that makes sense if it's value gets higher and higher as the time goes since at some point we may experince the shortage of it.
for me the value of bitcoin at all. because its great value is visible to people. Because bitcoin low transaction fee is fast and secure
all this time that makes bitcoin become valuable because of the large number of people who want to buy bitcoin. all investors definitely have bitcoins in their wallets because they believe bitcoin prices will continue to increase as bitcoin users are getting more and more on a daily basis. in addition bitcoin becomes valuable because in some countries already use bitcoin as payment.
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
Yeah right and also with these things we can give another explanation like in the bitcoin your money will be your , may be the value of the amount of money that you invested changed in to small get up ( that totally depends upon the market demand values ) .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
But the amount of the money that you have will be totally in your control that whether to use and Whether to not to use .
For example if we put our money in bank then bank will give very small amount of % as a interest and also will deduct big amount of fee that is really a bad thing and if we will put our money in blockchain technology then no one will be between us and our money .
So a type of freedom and independency we will get in bitcoin to spend anywhere in the world without restrictions .
people who say bitcoin does not exist because they do not know about bitcoin. bitcoin still exists and grows. A lot of people are investing in bitcoin to make a profit. Bitcoin is a digital currency. It is made up of information technology and internet based operations. Japan is currently trying to build the bitcoin capital center.
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
I think what you are saying is that all the benefits of bitcoin may be what you tell investors are more confident and believe that bitcoin is a lucrative investment 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 the first successful application of block chain technology. I think the biggest value of bitcoin is to solve the trust problem between people. This allows us to exchange without borders, without geographical boundaries and without time limits, and allow many industries to cooperate.
Bitcoin is currently the most valuable digital currency today. Because bitcoin is highly secure, it is widely used by everyone. Bitcoin market is expanding around the world, you can participate in bitcoin everywhere. Bitcoin is not owned by any government, it operates independently. Bitcoin makes direct purchases so it is a lot of selective investors.
There are hundreds of reason why bitcoin is valuable. Because of its usage and potentials that create a great economy. It also suited to our modern days and give a bright idea to create and improve what bitcoin started. It states that when a thing has a limited supply and higher on demand its price will rise. That's what happening to bitcoin nowadays.
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