Topic: What Makes Bitcoin Valuable? - page 4. (Read 4833 times)
The value of bitcoin is how much investors are willing to invest in it
Valuable feature for bitcoin price growth is transparency and limited number of coins supply because of these two features bitcoin got lot of demand
Limited total supply the reason why bitcoin have value and always become higher price at the future, support by many companies will make bitcoin become best investment assets.
The biggest thing for me would be not having to go through the hassle of connecting your bank to your payment processor of choice. Bitcoin I can get paid just by giving an address. I can also buy things with ease. Before there was no way for me to properly pay for things but with crypto that is all avoided and you free to buy as you please. I just wish more places would accept it. That would complete it for me and make it much better.
That is what bitcoin made popular to people not just because of its high value. Anyone can use bitcoin, send them anywhere and anytime. Banks requires some papers and information just to do what you want. Bitcoin has low fees compared when you used banks for transaction.
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
Bitcoin is valuable because it has the potential to meet the needs of all people. Bitcoin has the potential to change peoples life. When bitcoin is expensive there are lots of bitcoiners become rich because they found out that their money can multiply if the price is expensive. So many rich people and business minded persons join here because they can earn multiple times if they know already how to walk in bitcoin world.
I think that makes the price of bitcoin has a very expensive value because bitcoin has a very high demand and is influenced by the existence of a limited total supply so that the price of bitcoin can be very expensive like this.
It is expensive also for one more reason. There aren’t enough Bitcoins for everyone and it comes from the fact that only 21 million bitcoins will exist in total and not a coin more. Now about 7.7 billion people live on the planet, and if you give each of them one BTC, then they will be enough only for zero 0.27% of the world's population. Many guys have already accumulated much more than 1 BTC, on some wallets coins are kept in thousands.
It's simple, investors make bitcoin valuable
Large investments make bitcoin so valuable. If these investments stop, everything will end
I think that makes the price of bitcoin has a very expensive value because bitcoin has a very high demand and is influenced by the existence of a limited total supply so that the price of bitcoin can be very expensive like this.
Blockchain technology is the main reason why Bitcoin is valuable. It defines the true purpose of Bitcoin as a decentralized digital cash operating on a platform that eliminates how financial transactions are made for goods and services. The idea and relevance of Blockchain technology is the definition of the value of Bitcoin. Once you understand the purpose of blockchain technology, you will know how valuable bitcoin is and would be...
The biggest thing for me would be not having to go through the hassle of connecting your bank to your payment processor of choice. Bitcoin I can get paid just by giving an address. I can also buy things with ease. Before there was no way for me to properly pay for things but with crypto that is all avoided and you free to buy as you please. I just wish more places would accept it. That would complete it for me and make it much better.
Recently I've read a good post on Medium about what gives money and cryptocurrencies like Bitcoin value. Here it is - https://medium.com/@wesleybos/why-are-cryptocurrencies-like-bitcoin-valuable-2fea255b1bc4. To become valuable, the currency needs to have:
- divisibility;
- portability;
- sustainability;
- intrinsic value.
And Bitcoin possesses all these feature.
- divisibility;
- portability;
- sustainability;
- intrinsic value.
And Bitcoin possesses all these feature.
There are many reason, why Bitcoin makes valuable nowadays, it's because of the investors and the supporters of it. Bitcoin has very secured transaction system and it's first decentralized currency.
The technology on which bitcoin is built upon is what makes it valuable. This was the article which I first read about bitcoin and blockchain which gave me a brief idea about blockchain and bitcoin https://www.appventurez.com/blog/blockchain-understanding-its-basics-and-how-it-works/. This will give a brief idea about blockchain and bitcoin which will help us in understanding bitcoin and blockchain in a good manner. If Bitcoin is Github then Blockchain is Git.
Bitcoin is a valuable coin in the world now .There is many reason to become its so valuable .I think the secured transaction system is a option to become so valuable .The volatility makes investor to get easy and huge profit always .You can anonymously make a transaction from anywhere in the world .So i think it will be more popular and valuable in the recent future.
Before 2017, maybe bitcoin isn't as valuable as it is today, many people don't trust this digital asset. but once a large investor enters and the price rises, many economic observers comment, so everyone knows and learns, so far many say that bitcoin is digital gold
Bitcoin's value is determined by its market price and demand level. Bitcoin has emerged out successfully since its inception and in almost all cryptocurrency pairing, Bitcoin can be seen. It has become a standard of measure for the market trend because when Bitcoin goes down, the entire market seems to be affected. This is the value of Bitcoin.
What makes Bitcoin valuable? Basically, Bitcoin has value like other currencies. Bitcoin also has the same basic rules which are used to buy something or use it for transactions.
Difference Between Fiat Money and Bitcoin
Fiat Currency has the support of the government, while Bitcoin has not. Because Bitcoin is still not universally accepted and there are still restrictions on the use of Bitcoin. Although not yet supported by the government, Bitcoin is still valuable because it has a large value price. Almost everyone uses it because the benefits of using Bitcoin are very large and very easy to use. Besides being easy, Bitcoin is also very safe, especially you don't need to tell your complete identity when making a transaction.
Bitcoin has a limited supply, unlike Fiat Money whose supplies are unlimited and are often produced. This makes the selling price of Bitcoin very expensive. One of the things that makes Bitcoin the center of attention is that Bitcoin is not controlled by anyone or any government.
The Advantages of Bitcoin
The advantage of Bitcoin is the fact that despite the lack of official support or widespread acceptance, Bitcoin has produced an ecosystem. Where many people are willing to trade and accept it almost all over the World. Even some users feel that Bitcoin is more valuable or more useful than other currencies. Because transactions using Bitcoin do not require a long time and how to use it is very easy. Besides being easy and fast, in Bitcoin transactions there is no limit to the number of Bitcoin that must be sent. Shipping taxes / Bitcoin transactions are also cheaper than bank taxes or other services.
Difference Between Fiat Money and Bitcoin
Fiat Currency has the support of the government, while Bitcoin has not. Because Bitcoin is still not universally accepted and there are still restrictions on the use of Bitcoin. Although not yet supported by the government, Bitcoin is still valuable because it has a large value price. Almost everyone uses it because the benefits of using Bitcoin are very large and very easy to use. Besides being easy, Bitcoin is also very safe, especially you don't need to tell your complete identity when making a transaction.
Bitcoin has a limited supply, unlike Fiat Money whose supplies are unlimited and are often produced. This makes the selling price of Bitcoin very expensive. One of the things that makes Bitcoin the center of attention is that Bitcoin is not controlled by anyone or any government.
The Advantages of Bitcoin
The advantage of Bitcoin is the fact that despite the lack of official support or widespread acceptance, Bitcoin has produced an ecosystem. Where many people are willing to trade and accept it almost all over the World. Even some users feel that Bitcoin is more valuable or more useful than other currencies. Because transactions using Bitcoin do not require a long time and how to use it is very easy. Besides being easy and fast, in Bitcoin transactions there is no limit to the number of Bitcoin that must be sent. Shipping taxes / Bitcoin transactions are also cheaper than bank taxes or other services.
Bitcoin is supported by government and banking.
Do u really Think that big Names like coinbase Can operate in USA and dealing with Bitcoin and providing Bitcoin Buy/sell options bank card...
If the Banks Don't like Bitcoin They Will Block coinbase bank card transactions.
Bitcoin is built on powerful high tech military platform... Are we really think that some Old guy named Satoshi just created this... Some nice day... Lol
So the Banks and government supporting Bitcoin, its time to undestood this!!
What makes Bitcoin valuable? Basically, Bitcoin has value like other currencies. Bitcoin also has the same basic rules which are used to buy something or use it for transactions.
Difference Between Fiat Money and Bitcoin
Fiat Currency has the support of the government, while Bitcoin has not. Because Bitcoin is still not universally accepted and there are still restrictions on the use of Bitcoin. Although not yet supported by the government, Bitcoin is still valuable because it has a large value price. Almost everyone uses it because the benefits of using Bitcoin are very large and very easy to use. Besides being easy, Bitcoin is also very safe, especially you don't need to tell your complete identity when making a transaction.
Bitcoin has a limited supply, unlike Fiat Money whose supplies are unlimited and are often produced. This makes the selling price of Bitcoin very expensive. One of the things that makes Bitcoin the center of attention is that Bitcoin is not controlled by anyone or any government.
The Advantages of Bitcoin
The advantage of Bitcoin is the fact that despite the lack of official support or widespread acceptance, Bitcoin has produced an ecosystem. Where many people are willing to trade and accept it almost all over the World. Even some users feel that Bitcoin is more valuable or more useful than other currencies. Because transactions using Bitcoin do not require a long time and how to use it is very easy. Besides being easy and fast, in Bitcoin transactions there is no limit to the number of Bitcoin that must be sent. Shipping taxes / Bitcoin transactions are also cheaper than bank taxes or other services.
Difference Between Fiat Money and Bitcoin
Fiat Currency has the support of the government, while Bitcoin has not. Because Bitcoin is still not universally accepted and there are still restrictions on the use of Bitcoin. Although not yet supported by the government, Bitcoin is still valuable because it has a large value price. Almost everyone uses it because the benefits of using Bitcoin are very large and very easy to use. Besides being easy, Bitcoin is also very safe, especially you don't need to tell your complete identity when making a transaction.
Bitcoin has a limited supply, unlike Fiat Money whose supplies are unlimited and are often produced. This makes the selling price of Bitcoin very expensive. One of the things that makes Bitcoin the center of attention is that Bitcoin is not controlled by anyone or any government.
The Advantages of Bitcoin
The advantage of Bitcoin is the fact that despite the lack of official support or widespread acceptance, Bitcoin has produced an ecosystem. Where many people are willing to trade and accept it almost all over the World. Even some users feel that Bitcoin is more valuable or more useful than other currencies. Because transactions using Bitcoin do not require a long time and how to use it is very easy. Besides being easy and fast, in Bitcoin transactions there is no limit to the number of Bitcoin that must be sent. Shipping taxes / Bitcoin transactions are also cheaper than bank taxes or other services.
There is 2 kinds of values.
One the actual price of Bitcoin.
Two the value what we cant put into numbers, That's the Transparency, speed, Security, high Technology some Kind of privacy and decentralized.... Those are the values what can not be counted in numbers or you Can't even measure the real value with existing Fiat Currency.
The value is something what the society considering as a value the biggest value is decentralized it means we Don't need middle man it means the whole world can function better ways and we Don't have to waste Our resources to feed the middle man.
That's something wich has huge value.
Bitcoin real value comes When we Don't measure the Bitcoin with money!
One the actual price of Bitcoin.
Two the value what we cant put into numbers, That's the Transparency, speed, Security, high Technology some Kind of privacy and decentralized.... Those are the values what can not be counted in numbers or you Can't even measure the real value with existing Fiat Currency.
The value is something what the society considering as a value the biggest value is decentralized it means we Don't need middle man it means the whole world can function better ways and we Don't have to waste Our resources to feed the middle man.
That's something wich has huge value.
Bitcoin real value comes When we Don't measure the Bitcoin with money!
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