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Topic: What Makes Bitcoin Valuable? - page 7. (Read 4876 times)

member
Activity: 1041
Merit: 25
Trident Protocol | Simple «buy-hold-earn» system!
August 22, 2019, 09:00:19 AM
#79
What makes bitcoin valuable? There are few things that makes it valuable; First, because bitcoin supply is limited with greater demand which is all over the world unlike fiat money that every country has their own currency with unlimited supply. Second,bitcoin is Decentralized and most people like a decentralized form of money or asset which is not issued and controlled by the government. Third,the demand of bitcoin is greater while the supply is more lesser. Fourth, you can earn much bigger profit in bitcoin than  investing to other projects not related to bitcoin or cryptocurrency.
sr. member
Activity: 1162
Merit: 251
August 22, 2019, 07:10:18 AM
#78
Firstly, its limited quantity. Secondly, it is decentralized and anonymous. And in the third, the fact that this coin opened the doors to the world of cryptocurrencies for us. He will always remain dear and best. Another reason is because it is very difficult to mine.

Man, you have not been listening very well to Bitcoin at all. Every developer even knows this and Bitcoin is only pseudo anonymous. If you want proof, just read the news yesterday about Tether and Bitfinex, all their funds being blocked by the US government and they were a Bitcoin exchange companies.

If you buy and sell Bitcoin, you still need banks. So it does not keep you anonymous.
In my opinion, ypu cannot be completely anonymous in today's world. Really. Not on the internet, never. So, it doesn't matter what we do, we are not anonymous when we use any of electronic devices.
Especially with KYC being implemented in many startups and investment sites on the internet. many crypto investments use this method, thereby reducing the anonymity of crypto. but I believe that the anonymity in crypto still exists in some parts. if you have never touched KYC then your identity is safe
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
July 17, 2019, 03:54:17 AM
#77
Bitcoin is now becoming more valuable because there are so many people believe and use it as there way of gaining more profit. If we are going to compaired bitcoin price from the past till today  we can all see that the bitcoin price rise almost 85% of its starting price. Meaning many people are now a bitcoin believer, many more people wanted to have it so i believe that it will really a great investment in the near future.
Many people who see this way are already inside the market and making the trade very profitable to those who knows how to play good, there's system that can lead you to earned in such ways Bitcoin allowed you, the big wide space around trading exchanges makes the value to move both up and down.
newbie
Activity: 46
Merit: 0
August 22, 2019, 05:38:40 AM
#77
Firstly, its limited quantity. Secondly, it is decentralized and anonymous. And in the third, the fact that this coin opened the doors to the world of cryptocurrencies for us. He will always remain dear and best. Another reason is because it is very difficult to mine.

Man, you have not been listening very well to Bitcoin at all. Every developer even knows this and Bitcoin is only pseudo anonymous. If you want proof, just read the news yesterday about Tether and Bitfinex, all their funds being blocked by the US government and they were a Bitcoin exchange companies.

If you buy and sell Bitcoin, you still need banks. So it does not keep you anonymous.
In my opinion, ypu cannot be completely anonymous in today's world. Really. Not on the internet, never. So, it doesn't matter what we do, we are not anonymous when we use any of electronic devices.

yeah, even if it was possible to be anonymous, it wouldn't be safe. it is good to be verified while investing, especially when you use reliable and trustworthy cryptocurrency exchange, there is nothing to worry about, that they have got your data
full member
Activity: 560
Merit: 107
August 15, 2019, 05:20:42 AM
#76
For me, bitcoin is very valuable compared to other cryptocurrency is because of its the primary of all cryptos. The other factors are its capability and ability that the reason why many people are getting and willing to use bitcoin. The acceptance of bitcoin, even bitcoin are facing so many issues there are still more country, company, establishment, etc. are accepting and seeing the good sides/ benefits of bitcoin. Smiley


member
Activity: 672
Merit: 14
August 21, 2019, 11:02:49 PM
#76
The value of any asset or cryptocurrency is determined by its supply and demand level on the market. With a constant supply of an asset like BTC, a rise in its demand always result in rise in its price hence an increase in value.
hero member
Activity: 2352
Merit: 953
Temporary forum vacation
August 22, 2019, 02:00:03 AM
#76
Firstly, its limited quantity. Secondly, it is decentralized and anonymous. And in the third, the fact that this coin opened the doors to the world of cryptocurrencies for us. He will always remain dear and best. Another reason is because it is very difficult to mine.

Man, you have not been listening very well to Bitcoin at all. Every developer even knows this and Bitcoin is only pseudo anonymous. If you want proof, just read the news yesterday about Tether and Bitfinex, all their funds being blocked by the US government and they were a Bitcoin exchange companies.

If you buy and sell Bitcoin, you still need banks. So it does not keep you anonymous.
hero member
Activity: 3010
Merit: 666
July 17, 2019, 03:28:35 AM
#75
Bitcoin is now becoming more valuable because there are so many people believe and use it as there way of gaining more profit. If we are going to compaired bitcoin price from the past till today  we can all see that the bitcoin price rise almost 85% of its starting price. Meaning many people are now a bitcoin believer, many more people wanted to have it so i believe that it will really a great investment in the near future.
You should be specific on which portion of the past we will compare against the current price.
If that is by the beginning of the year, that is not only 85%, it's already over 250%, and despite the price is down now, it's still a good increase from $3800.
jr. member
Activity: 238
Merit: 3
August 15, 2019, 03:02:37 AM
#75
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 dont usually read book about bitcoin or blockchain, but future is what makes booth bitcoin and blockchain valuable, just my 2 cents
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
August 22, 2019, 01:28:36 AM
#75
The value of any asset or cryptocurrency is determined by its supply and demand level on the market. With a constant supply of an asset like BTC, a rise in its demand always result in rise in its price hence an increase in value.
More new invested money more valuable bitcoin can be, when investors start to keep buying and holding then the market will be realized that its gaining higher valuations, it's following the supply and demand features though there's some differences in regards to how investors show their supports and buy
their assets, your own understanding will bring you the understanding to buy in and invest around.
member
Activity: 672
Merit: 29
August 21, 2019, 07:11:31 PM
#74
Since bitcoin is all about investing, store up your assets and make profit. What's it to read and understand about. Understanding bitcoin is very easy as Abc, no much stress
jr. member
Activity: 392
Merit: 7
August 22, 2019, 12:21:43 AM
#74
Btc have value the value Coming from exchanger the buy and sell orders making value.

If we dissconnect bitcoins out of exchangers the btc Will have Zero value!


The value Can be Zero and infinity but If its Not connected with exchanger we Can't see the price!
Markets dictating the price.


Bitcoin value is Zero and infinity the Quest ion is how we Can meassure that value correctly!!!



That's most correct answer for sure!

sr. member
Activity: 1148
Merit: 300
July 17, 2019, 01:53:38 AM
#73
Bitcoin is now becoming more valuable because there are so many people believe and use it as there way of gaining more profit. If we are going to compaired bitcoin price from the past till today  we can all see that the bitcoin price rise almost 85% of its starting price. Meaning many people are now a bitcoin believer, many more people wanted to have it so i believe that it will really a great investment in the near future.
full member
Activity: 1750
Merit: 118
August 22, 2019, 12:09:36 AM
#73
Bitcoin is valuable because it cannot be shutdown,
Huh ?  But thats not enough reason to become valueable  . btc is still valueable even if t can be shutdown and there are also things that are not valueable even if they cant be shutdown .

-snip-
Less supply isnt also enough to make bitcoin valueable because i see many coins that have a limited supply but arent really indemand or not yet recognized by most crypto users and there are those that many to unli supply that is popular and seem to be more promising .
legendary
Activity: 2030
Merit: 1573
CLEAN non GPL infringing code made in Rust lang
August 21, 2019, 08:34:56 PM
#72
Bitcoin is valuable because it cannot be shutdown, why is it that some people still miss this key important part?
And yes, its deflationary with a limited production in code to 21 million with production slowing down to a crawl for years and decades until the last one comes over the course of the next century.
full member
Activity: 567
Merit: 148
August 16, 2019, 03:33:44 PM
#71
Anonymity, decentralization, and also first bitcoin.

Bitcoin is creating value for both earlier investors and new ones, providing a bunch of the coolest opportunities to use cryptocurrency, the amount of which, moreover, is limited. This is not a hoax or theft, but simply the good old law of supply and demand in action, or in other words, the ancient economic principle, but working with a modern monetary system.
sr. member
Activity: 445
Merit: 250
August 15, 2019, 01:50:12 AM
#70
Firstly, its limited quantity. Secondly, it is decentralized and anonymous. And in the third, the fact that this coin opened the doors to the world of cryptocurrencies for us. He will always remain dear and best. Another reason is because it is very difficult to mine.
jr. member
Activity: 392
Merit: 7
August 15, 2019, 02:59:21 AM
#70
Firstly, its limited quantity. Secondly, it is decentralized and anonymous. And in the third, the fact that this coin opened the doors to the world of cryptocurrencies for us. He will always remain dear and best. Another reason is because it is very difficult to mine.


Non of these factors not give value! 
Fiat currency has Only the real value.
Buying stocks, gold or BTC you might just want to through your Money into fire. 

You buy them... When market is crashing the goal is to make Money not to hold and becoming bag holder! 

Both gold and btc are just with speculated value.
jr. member
Activity: 392
Merit: 7
August 15, 2019, 01:45:20 AM
#69
Btc and Gold has no real value!!


You take them out of exchangers you dissconnect them with exchanger system they will have Zero value.





Money has value 20dollar bill is 20 dollar bill. 

Without Money the Gold and btc has no value any way.


Centralised... Makes no value!! 
Gold and Bitcoin is pure speculation.


Bitcoin is Vehicle to move fiat currency but btc Can't be never currency.



To Say that BTC and GOLD is a asset its even nonsense the real asset is real estate and Land.

And Please stop talking this nonsense like de-centralised Banks will never allowe this to happend the kyc is everywhere now privacy???  What kind of privacy??  There is non



Privacy is Only for big Bitcoin traders through OTC 
For average guy they watch if u are not tax invader.



So people stop the bs. 
Get into Reality!!!
full member
Activity: 1316
Merit: 126
July 15, 2019, 06:34:55 PM
#68
I have not read any books about bitcoin or crypto, but it did not prevent me from trading and understanding how it works

If you're really into crypto then you will find anything that can help you learn what it is and what it can do. Aside from books you can also see articles in the internet, I think there are a lot of videos as well if you aren't fun of reading.
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