Topic: What Makes Bitcoin Valuable? - page 3. (Read 4833 times)
for me, bitcoin be valuable because it have high value. you can earn it by many method, and you can sell with high price. mostly people use it for asset, for their advantages. the other is very fast for transaction, secure, and no need put your identity in every transaction, like keeping your information from outside, and bitcoin not controled by anyone
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.
If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.
Get up to speed on your Bitcoin education.
https://youtu.be/T4ltMvjGO5Y
If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.
Get up to speed on your Bitcoin education.
https://youtu.be/T4ltMvjGO5Y
As far as I know, there already schools or universities offering and studying about bitcoins and other altcoins.
But, as in my experience, even if you will not enter and enroll with that such institutions or universities, you still manage to understand what bitcoin is all about. You can learn a lot on your own by reading different articles, reading different post and replies of different topics here in this forum, watching in youtube, searching in different websites. All you need is time to learn all of it and be open minded and accept this kind of currency or exchange evolving nowadays.
Investors. People who invest in bitcoin make it valuable.
Simply saying that Bitcoin becomes valuable due to its demand, it is true indeed.But another reason for why it becomes valuable is simply because its money. We people valued money, It is the medium we used for having transactions. We do not use the old fashioned trading of tangible assets to get another asset.
Investors. People who invest in bitcoin make it valuable.
I think one of the reasons makes Bitcoin valuable is that Bitcoin is limited in number. Bitcoin is not like fiat money. Governments can print fiat money but they can't print Bitcoin.
I think the major thing that makes bitcoin more valuable is decentralization and followed by user privacy.
Bitcoin is the first truly peer-to-peer digital currency that is fully decentralized and yet acceptable all over the world.
Bitcoin is the first truly peer-to-peer digital currency that is fully decentralized and yet acceptable all over the world.
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.
If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.
Get up to speed on your Bitcoin education.
https://youtu.be/T4ltMvjGO5Y
Basically currencies are valued as per the GDP of a country so basically it is the value of the currency currently adopted by people and rest of it is channelized by the forces of demand and supply. The similar thing makes value here except for one thing bitcoin also has a network hardware over which it operates which is also a major determinant of its value rest of the value comes with adoption of btc larger its adoption is more will ita value grow. If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.
Get up to speed on your Bitcoin education.
https://youtu.be/T4ltMvjGO5Y
1-Number of specific
2-To be based on math
3-Produced by the community, not by a goverment.
4-Completely transparent.
5-Increasing production difficulty
You can think like gold or diamond.
2-To be based on math
3-Produced by the community, not by a goverment.
4-Completely transparent.
5-Increasing production difficulty
You can think like gold or diamond.
Demand is why bitcoin valuable, many people still trust with bitcoin on the top price above $20k and have higher trusted with bitcoin for keep holding until raised the price want, before raised to higher price never want to sell.
Demand is just a factor of it. There are many factors why bitcoin makes a valuable price, another factor is the adaptation of it and the acceptance from named businesses and personalities. Making it accepted in every country makes it more valuable because it can cause more accept and open their mind by using it that causes the pump to its price. + the common hype that makes people buying it. Demand is why bitcoin valuable, many people still trust with bitcoin on the top price above $20k and have higher trusted with bitcoin for keep holding until raised the price want, before raised to higher price never want to sell.
Indeed. The demand is the reason why bitcoin became so valuable that makes a lot of people to buy bitcoin. Even bitcoin have dropped it's price from $20k in the year of 2018 a lot of people still believes that bitcoin will recover it's price to $20k again. Bitcoin also helped a lot of people who does not have any source of income that makes it more valuable.
First Bitcoin already helped a lot of people all around the world especially in terms of financial aspects,
and also its usages can give benefits to anyone who use it most of the time, like in sending money, savings,
and investment.
and also its usages can give benefits to anyone who use it most of the time, like in sending money, savings,
and investment.
What makes bitcoin valuable its the offer and demand, while we have people ready to pay for it and people ready to sell them then bitcoin will have a price on the market. If you ask your self why bitcoin gets up to $20k? that was because people was ready to pay $20k for it. So, it's all about offer and demand.
The blockchain technology doesn't give the price to bitcoin, it only makes from it a fair deal.
The blockchain technology doesn't give the price to bitcoin, it only makes from it a fair deal.
If you have understood the philosophy of bitcoin, you have also understood what makes it valuable. How fair is the production of the world's central currency in the hands of a single country? The rich become richer, the poor become poorer. Thats not fair!
People find it of use, for what they think it is worth. Therefore, people give Bitcoin value.
what makes Bitcoin valuable is the inherent technology that it is developed with, call the blockchain. With blockchain technology, there are many revolutions that can take place. thanks to Satoshi Nakamoto, the inventor of Bitcoin, we have access to this beautiful technology. Therefore, investing in Bitcoin is smart because it is the future.
There are quite a number of things that make Bitcoin valuable. One of the few points I would like to highlight is its Limited source, and the Blockchain Technology. The beauty of this is one of the many reasons why a great number of people are will to risk it all for the coin and invest in it, which further increases its value.
The main source and only source of the valuability of Bitcoin is the concept of decentralization and blockchain technology. Blockchain technology presents the backbone of Bitcoin and any other cryptocurrency. Bitcoin introduced blockchain technology and blockchain technology also explained Bitcoin provides financial freedom through decentralization. This is what makes bitcoin valuable...
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.
If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.
Get up to speed on your Bitcoin education.
https://youtu.be/T4ltMvjGO5Y
If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.
Get up to speed on your Bitcoin education.
https://youtu.be/T4ltMvjGO5Y
You can find answers of your question in its features!
Bitcoin is limited and will be only 21 million. So if you compare any FIAT money with it. I think you can understand. Supply-Demand!
Bitcoin is decentralized. So no one increase or decrease total supply. And no one control it!
Bitcoin is transparent. (This is the feature of blockchain actually but valid for BTC.) You can track all transaction easily with blocks.
And BTC has a great community support. All world be aware it potential now.
The way fiat works is too old compare to bitcoin, fiat is a slave currency which the Government and bank are its master. You don't have a real freedom in fiat, if anything is suspicious about you, the bank will freeze your account or even close your account which is the exact opposite of bitcoin. Bitcoin let you to have full control of your fund, you could open you wallet anytime to check your balance or to make transactions, anonymously, unlike banks that have a database for that, and I think that's what makes bitcoin valuable to me.
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.
If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.
Get up to speed on your Bitcoin education.
https://youtu.be/T4ltMvjGO5Y
If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.
Get up to speed on your Bitcoin education.
https://youtu.be/T4ltMvjGO5Y
You can find answers of your question in its features!
Bitcoin is limited and will be only 21 million. So if you compare any FIAT money with it. I think you can understand. Supply-Demand!
Bitcoin is decentralized. So no one increase or decrease total supply. And no one control it!
Bitcoin is transparent. (This is the feature of blockchain actually but valid for BTC.) You can track all transaction easily with blocks.
And BTC has a great community support. All world be aware it potential now.
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.
If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.
Get up to speed on your Bitcoin education.
https://youtu.be/T4ltMvjGO5Y
I did not yet spent time to read this book but I think through its history we can say that bitcoin is more valuable and worth to invest in. Bitcoin has grown rapidly especially in the past years because of its high demand. But I think it's good to read this book to really add information and to educate yourself more about cryptos especially bitcoin. If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.
Get up to speed on your Bitcoin education.
https://youtu.be/T4ltMvjGO5Y
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