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Topic: What's the real value of bitcoin or altcoins (Read 1113 times)

legendary
Activity: 1148
Merit: 1010
In Satoshi I Trust
February 19, 2015, 12:28:33 PM
#17
What's the real value of bitcoin or altcoins? Is there anything we can't do it without bitcoin/altcoins?

https://www.youtube.com/watch?v=O0oDDIy0P2s
hero member
Activity: 658
Merit: 500
February 19, 2015, 12:20:01 PM
#16
The only useful case is the remittance market because it's cheap, many features of bitcoin 2.0 are very cool, but it seems it's useless, it can't replace the current solutions.

Just a reminder, the current version of Bitcoin is 0.10.0. We still haven't got to 1.0 yet, and it will be years before version 2.0.
member
Activity: 69
Merit: 10
February 19, 2015, 11:59:37 AM
#15
anonymity is not a good thing, it can be used by anonymity/drug dealers etc, this is one important reason that government don't like bitcoin.

You're not making much sense. Cash is anonymous and can be used by drug dealers too. And who says the gov don't like bitcoin?

anonymity is not a good thing, it can be used by anonymity/drug dealers etc, this is one important reason that government don't like bitcoin.

Streets are not a good thing. Criminals can use them to escape from a crime scene.

Exactly. I can buy drugs on the street with cash too.


The only useful case is the remittance market because it's cheap, many features of bitcoin 2.0 are very cool, but it seems it's useless, it can't replace the current solutions.

How is it useless? It has countless uses and you've just named one big one in that sentence.
legendary
Activity: 2632
Merit: 1094
February 19, 2015, 11:57:51 AM
#14

What's not user friendly or secure? Bitcoin is pretty easy to use and blockchain.info isn't much different than using PayPal.

Blockchain is not similar to PayPal as in the case of PayPal, the transction can anytime be reversed if 60 days have not passed for the particular transaction but reversal is not in the case of blockchain. Once confirmed, the transaction is completed.
legendary
Activity: 1098
Merit: 1000
Angel investor.
February 19, 2015, 11:52:26 AM
#13
If we want more and more guys to use crypto currencies, they must have some  useful and special features which are able to replace the current solutions and do better, rational guys will  always choose best solutions to meet their needs.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
February 19, 2015, 11:42:59 AM
#12
A contest has been held to answer your question! Bitcoin peers from around the world have contributed and found the correct value of a bitcoin to be about $239.  Smiley
hero member
Activity: 658
Merit: 500
February 19, 2015, 11:40:32 AM
#11
anonymity is not a good thing, it can be used by anonymity/drug dealers etc, this is one important reason that government don't like bitcoin.

Streets are not a good thing. Criminals can use them to escape from a crime scene.
legendary
Activity: 1098
Merit: 1000
Angel investor.
February 19, 2015, 11:39:13 AM
#10
What's the real value of bitcoin or altcoins? Is there anything we can't do it without bitcoin/altcoins?

What do you mean real value? Like the price they are worth or what we pay for them, or their actual usefullness? I think the real fiat value has yet to be determined and will take some time to arrive at that point, but as for bitcoins true value it has many uses by many industries such as the remittance market and just saving businesses money on credit card fees.

 the remittance market is the only case which I can see but comparing with credit card, it's not user friendly and insecure

What's not user friendly or secure? Bitcoin is pretty easy to use and blockchain.info isn't much different than using PayPal.

truly value of the bitcoins is decentralized currency that anyone can use , anonymous and irreversible , it is the technology for the future mankind

anonymity is not a good thing, it can be used by anonymity/drug dealers etc, this is one important reason that government don't like bitcoin.
hero member
Activity: 658
Merit: 500
February 19, 2015, 11:38:20 AM
#9
What's the real value of a BMW car? Is there something you can't do do without it?

Without a BMW, I can't be like the cool kids.
hero member
Activity: 840
Merit: 1000
February 19, 2015, 11:36:13 AM
#8
What's the real value of bitcoin or altcoins? Is there anything we can't do it without bitcoin/altcoins?

What do you mean real value? Like the price they are worth or what we pay for them, or their actual usefullness? I think the real fiat value has yet to be determined and will take some time to arrive at that point, but as for bitcoins true value it has many uses by many industries such as the remittance market and just saving businesses money on credit card fees.

 the remittance market is the only case which I can see but comparing with credit card, it's not user friendly and insecure

What's not user friendly or secure? Bitcoin is pretty easy to use and blockchain.info isn't much different than using PayPal.

truly value of the bitcoins is decentralized currency that anyone can use , anonymous and irreversible , it is the technology for the future mankind
hero member
Activity: 1276
Merit: 622
February 19, 2015, 11:35:29 AM
#7
What's the real value of a BMW car? Is there something you can't do do without it?

Well the simplest answer is that without a BMW you can't drive in a BMW.
legendary
Activity: 3374
Merit: 1824
February 19, 2015, 11:34:56 AM
#6
What's the real value of bitcoin or altcoins? Is there anything we can't do it without bitcoin/altcoins?

Real value of anything is defined by users, in free market.
If high demand, value is high.
If demand is low, value is low.
Bitcoin is not the most important thing in life and we all have life outside of bitcoin world. I hope this answer your second question Smiley
copper member
Activity: 1498
Merit: 1499
No I dont escrow anymore.
February 19, 2015, 11:33:03 AM
#5
What's the real value of bitcoin or altcoins? Is there anything we can't do it without bitcoin/altcoins?

Irreversibly transfer value over the internet without the need to rely on a third party.
member
Activity: 63
Merit: 10
February 19, 2015, 11:32:26 AM
#4
What's the real value of bitcoin or altcoins? Is there anything we can't do it without bitcoin/altcoins?

What do you mean real value? Like the price they are worth or what we pay for them, or their actual usefullness? I think the real fiat value has yet to be determined and will take some time to arrive at that point, but as for bitcoins true value it has many uses by many industries such as the remittance market and just saving businesses money on credit card fees.

 the remittance market is the only case which I can see but comparing with credit card, it's not user friendly and insecure

What's not user friendly or secure? Bitcoin is pretty easy to use and blockchain.info isn't much different than using PayPal.
full member
Activity: 166
Merit: 100
February 19, 2015, 11:24:14 AM
#3
What's the real value of bitcoin or altcoins? Is there anything we can't do it without bitcoin/altcoins?

What do you mean real value? Like the price they are worth or what we pay for them, or their actual usefullness? I think the real fiat value has yet to be determined and will take some time to arrive at that point, but as for bitcoins true value it has many uses by many industries such as the remittance market and just saving businesses money on credit card fees.
legendary
Activity: 1652
Merit: 1057
February 19, 2015, 11:21:23 AM
#2
You can also live without USD. Come to Europe and pay with EUR.
I think that your question is not well thought.
legendary
Activity: 1098
Merit: 1000
Angel investor.
February 19, 2015, 11:18:56 AM
#1
What's the real value of bitcoin or altcoins? Is there anything we can't do it without bitcoin/altcoins?
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