What makes Bitcoin valuable? - page 9.

naily

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Quote from: fotosonics on May 02, 2018, 02:03:40 PM

I think that bitcoin is the ancestor of the crypto industry and besides, bitcoin has no master, which is a huge plus!

Bitcoin has a very limited total inventory and can be used for any payment method you want so it is harder to get bitcoin then it is definitely very expensive

Tatars kun

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The digital currency Bitcoin has a dedicated following, regularly makes headlines and inspires countless investors to consider making digital currency part of their portfolios.

yoseph

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Quote from: hitchcoin on May 08, 2018, 07:15:25 AM

For me - bitcoin is popular and valuable because it's new technology. Nobody before has ever encountered such this, so people trying to hype on it

It’s because it has the ability to make people rich that’s why people are always investing into it and the more that people invest into bitcoins the more the currency becomes more valuable. It’s all about how the people perceive the investment which makes it valuable.

wasaisisisi

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Because bitcoin has many advantages that you have described above. One of the advantages I like from bitcoin because there is no intermediary during the transaction so no costs or fees are required. There may be changes later on based on how to manage the exchange rate, but it does not seem to change much from the current one.

CryptoMoar

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🚀🚀 ATHERO.IO 🚀🚀

bitcoin is the world's first digital currency so it has gained high trust value from everyone. so bitcoin has a high selling point and bitcoin sanggat sought everyone. thus making the bitcoin price will be higher each year. and bitcoin can be used to transact in all countries without having to change to the country's currency.

Legone

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Quote from: [email protected] on January 31, 2018, 10:19:33 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

l think there's a lot of reason that makes bitcoin valuable and no doubts with it. Blockchain technology is the best way for developing the new currency system that could make us fast and easy for any online transactions. And ofcourse! it's really profitable.

lelylely

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Activity: 602

Merit: 10

Quote from: [email protected] on January 31, 2018, 10:19:33 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

Bitcoin is very valuable because bitcoin is a decentralized cryptocurrency so bitcoin is easy to use for transactions and as a store of money without any incriminating third party rules.

kidamazo

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In my humble opinion just our interest and our investments are making bitcoin so much valuable right now. If we stop it will die.

Akupuniard

sr. member

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Bitcoin have no value in real life and everything that bitcoin have is trust of people. Unfortunatly people used to panic everytime when price drops so price is that volatile.

freetokens

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Practically speaking Bitcoin is not valuable, it is we who provide value to bitcoin by investing in it....As long as people interested in it, it will be valuable

For me "As long as internet will be in existence, Bitcoin will be valuable" Wink

Intersan

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Quote from: olatslodi on May 08, 2018, 03:44:29 AM

There are hundreds of reasosn 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 suppy and higher on demand its price will rise. Thats what happening to bitcoin nowadays.

I agree with you. Bitcoin has a lot of reason why it is valuable. Nowadays, 7 out 10 people are now involved and have knowledge about bitcoin. In this generation bitcoin is the most fastest and easiest way on how to make a lot of money. It can be a source of income to those who are still studying and facing lack of financial, also it helps the investor to gain more from their investment.Through this it change one's life.

bentong talong

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Quote from: hitchcoin on May 08, 2018, 07:15:25 AM

For me - bitcoin is popular and valuable because it's new technology. Nobody before has ever encountered such this, so people trying to hype on it

I agree with you, its popularity makes Bitcoin valuable; it is known worldwide and it is becoming worth investment for other people; also the price is high, and it makes it more valuable.

hitchcoin

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For me - bitcoin is popular and valuable because it's new technology. Nobody before has ever encountered such this, so people trying to hype on it

Sobol101

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Bitcoin makes the payment for it valuable of course. It is valuable because it is very profitable and the best earnings for ordinary people. So you need to invest in him because soon he will rise in the monetary sphere.

Rustandy

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In the economic field, there is something of value if examining the following two factors: scarcity and usefulness. Scarcity simply means something is limited. In the case of bitcoin, cryptocurrency has a set of top 21 million bitcoins. And the usefulness of bitcoin is decentralized, meaning that no government, bank or one person has control over it.

olatslodi

member

Activity: 196

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There are hundreds of reasosn 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 suppy and higher on demand its price will rise. Thats what happening to bitcoin nowadays.

brickafterbrickwalldpt

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It's really difficult for people who didn't even read anything about Bitcoin to understand why it is so valuable. The only thing they can say is that we are going to lose all of our money. It's interesting to see how banks and governments approach Bitcoin. Some try to discourage people to buy it, some are buying it for themselves why it is still cheap. The advantages of Bitcoin which you mentioned should be enough to encourage people to use it. We should focus on educating other people because many they heard about Bitcoin only in the news.

mkcube

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I think the bitcoin price already proves it. The decentralization and the benefit tha is cash individuals are getting from bitcoin that can make bitcoin more profitable. It has many advantages that bitcoin has and bitcoin helped financially a lot.

Marvelio

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certainly as one improves one's assets, bitcoin already proves with the price that had dropped earlier this year. imagine the enormous magnitude of bitcoin can improve in even the worst conditions from outside problems but bitcoin remains in its best condition right now .

FrankHilk9

newbie

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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.

Topic: What makes Bitcoin valuable? - page 9. (Read 2965 times)