As a final note, Bitcoin is hard to come by, and if 21 million people buy one each, they will never be able to buy it again.
When the total supply of 21 million bitcoins has been exhausted, of course this will become a scarcity in the market so that it will make the price of bitcoin more valuable because the demand in the market will increase while the supply is less, this is certainly good for bitcoin holders because they will get big profits when selling it. 
Topic: Why Bitcoin is valuable? - page 6. (Read 1187 times)
I found no correlation between Title and topic content, Or maybe I failed to understand. The title of your topic asks Why Bitcoin is valuable, but the contents contain a different plot. After I read the whole topic, you even answered the question you asked in the topic title, it's as if you're telling us why Bitcoin is priced so high.
One of the reasons bitcoin is valuable because of its scarcity, Satoshi only created 21 million bitcoin, market law of supply and demand is also very supportive, If the supply is small, but the demand is large, the price of Bitcoin will be more expensive.
One of the reasons bitcoin is valuable because of its scarcity, Satoshi only created 21 million bitcoin, market law of supply and demand is also very supportive, If the supply is small, but the demand is large, the price of Bitcoin will be more expensive.
actually there are certain reasons that make bitcoin valuable and make the value of bitcoin so high, maybe one of them is public trust in bitcoin, the public believes that bitcoin is safe and can be profitable, technology is also a trigger to make bitcoin more valuable, because millennial children spend their time to play on the internet, bitcoin is also a rare item, a new discovery that has a limited supply, in my personal opinion maybe because of all those reasons that make bitcoin so valuable and increasingly popular in the community..
We already know the many reasons why Bitcoin can be valuable and so far I see no new factor being added. We don't have to invent new stories whether they can be real or not to push Bitcoin to anyone. Eventually, Bitcoin will continue to rise in value no matter how many dips it will encounter as time goes on. In fact, one factor why there are many people into Bitcoin is because it is so volatile...it can go down yes anytime it wants to but it can also go up anytime which can be surprising anybody. Bitcoin is a great opportunity to ride with the new money...but of course there are some risks that one has to face and has to endure especially during correction days.
For example, several people have no money, but want to play a few games of mahjong, and then make an appointment for a card of poker to represent one dollar. Poker then generates a dollar value. The value it carries at the moment is the mutual promise of several people, and its function is to calculate the quantity.
In today's digital age, the immutable properties of the Bitcoin database accurately carry the mutual promises of Bitcoin holders, which can quickly calculate the quantity and transfer each other.
As a final note, Bitcoin is hard to come by, and if 21 million people buy one each, they will never be able to buy it again.
In today's digital age, the immutable properties of the Bitcoin database accurately carry the mutual promises of Bitcoin holders, which can quickly calculate the quantity and transfer each other.
As a final note, Bitcoin is hard to come by, and if 21 million people buy one each, they will never be able to buy it again.
Bitcoin is valuable because it has shown, thanks to the underlying blockchain, that a decentralized digital currency is possible. As long as there are enough independent "watchers" of the blockchain system then there is an inbuilt protection against attacks on the integrity of the blockchain, making it a global system based on transparency. That leads to another point - there is no artificial injection of unknown funds into the system, because every coin is traceable and this in another corruption reducing benefit. The last reason I'd give is the fact that lots of greedy banks and financial institutions around the world charge excessive fees just because they can, or were traditionally able to get away with it, so anything that can cut them out of the equation can create huge savings for the end users.
Bitcoin is no longer just a cryptocurrency, it is a symbol and will become even more valuable over time, given its limited supply and increasing mining difficulty. The very fact that the topic has become so popular in such a short time the market began to matter. This is strong evidence of the value and inevitability of the use of cryptocurrencies in the future. Therefore, it makes no sense to deny the inevitable - bitcoin is with us for a long time or perhaps forever.
In any form of exchange we do around the world today, we do so simply because, we, you, value the next product as such. So, what we truly exchange is values. The value of bitcoin operates based on the laws of demand and supply. Limited supply and high demand gives it its value but to note, there could be other digital asset that are limited too but still, there isn't any much demand on them and you ask why?
That's where the uniqueness of bitcoin comes in. As the only digital currency that is truly decentralised and has come to be an asset or store of value. Hence, its more precious to own than gold with the number of users accord to it and it has started a line in the digital field for a currency of the virtual life.
That's where the uniqueness of bitcoin comes in. As the only digital currency that is truly decentralised and has come to be an asset or store of value. Hence, its more precious to own than gold with the number of users accord to it and it has started a line in the digital field for a currency of the virtual life.
Personally I have always believed that Bitcoin is valuable mainly for this reason: https://youtu.be/gG1BUXW1-E4?t=90
I am confused with the logical example you've given.
The reason of it being valuable is how it is mined. Sum all of the power needed for one bitcoin to be mined and there goes the value of it. And there's no need to wait for people to become in loved with it.
Long time ago, there goes the people who fell in loved with it already and can't resist to leave it and that's why they've remain and that's why we're here too.
The reason of it being valuable is how it is mined. Sum all of the power needed for one bitcoin to be mined and there goes the value of it. And there's no need to wait for people to become in loved with it.
Long time ago, there goes the people who fell in loved with it already and can't resist to leave it and that's why they've remain and that's why we're here too.
Bitcoin is a reality and worldwide business. The people had earned & they are earning through bitcoin. It is the best long time investment business.
It has has a great increment to its value since its beginning. Bitcoin has great potential for the business community. So they are eagerly joining this business to earn.
In fact, it has more ability to earn much better than of Gold business. So the people who were in the gold business now coming to bitcoin & crypto. Today, it is popular among people of all business classes & and all ages of persons.
It has has a great increment to its value since its beginning. Bitcoin has great potential for the business community. So they are eagerly joining this business to earn.
In fact, it has more ability to earn much better than of Gold business. So the people who were in the gold business now coming to bitcoin & crypto. Today, it is popular among people of all business classes & and all ages of persons.
So Bitcoin is not a beloved shell that has been worn for a long time, nor is it like a beloved rare metal with bling. It is an interesting scientific and technological product whose unique properties are waiting to be understood and used. Until people fall in love with it and find the right dependence on it.
nope you cannot wear Bitcoin around your neck and it isnt something you can make
jewellery from that is what Gemstones and rare metals are used for.
People already are in love with Bitcoin, I'm sure you are aware of many of them....
here on the forum. Pretty much all of the currently mined Bitcoin is bought and owned
by someone. Not everyone in the world owns or wants to own Bitcoin but its doing
very well with the current level of interest.
For example, several people have no money, but want to play a few games of mahjong, and then make an appointment for a card of poker to represent one dollar. Poker then generates a dollar value. The value it carries at the moment is the mutual promise of several people, and its function is to calculate the quantity.
In today's digital age, the immutable properties of the Bitcoin database accurately carry the mutual promises of Bitcoin holders, which can quickly calculate the quantity and transfer each other.
As a final note, Bitcoin is hard to come by, and if 21 million people buy one each, they will never be able to buy it again.
In today's digital age, the immutable properties of the Bitcoin database accurately carry the mutual promises of Bitcoin holders, which can quickly calculate the quantity and transfer each other.
As a final note, Bitcoin is hard to come by, and if 21 million people buy one each, they will never be able to buy it again.
something that is modern and unique, so that it is in great demand by everyone, let alone by everyone even at the world level, then it will be very valuable. bitcoin has now become the spearhead of the speaker of investors in the world, where they have switched from local stock investors to digital money investors and bitcoin is a popular trend in the investment media today.
So Bitcoin is not a beloved shell that has been worn for a long time, nor is it like a beloved rare metal with bling. It is an interesting scientific and technological product whose unique properties are waiting to be understood and used. Until people fall in love with it and find the right dependence on it.
When I read the title, I thought you were asking us why it is valuable but I see that you are rather telling us why it is valuable. I don't know where you get your example from, but the only thing you are right about is the 21 million limit. It is as simple as that it is the best digital system to store and transfer value, especially in large quantities, decentralized, autonomous and resistant to censorship.
For example, several people have no money, but want to play a few games of mahjong, and then make an appointment for a card of poker to represent one dollar. Poker then generates a dollar value. The value it carries at the moment is the mutual promise of several people, and its function is to calculate the quantity.
In today's digital age, the immutable properties of the Bitcoin database accurately carry the mutual promises of Bitcoin holders, which can quickly calculate the quantity and transfer each other.
As a final note, Bitcoin is hard to come by, and if 21 million people buy one each, they will never be able to buy it again.
In today's digital age, the immutable properties of the Bitcoin database accurately carry the mutual promises of Bitcoin holders, which can quickly calculate the quantity and transfer each other.
As a final note, Bitcoin is hard to come by, and if 21 million people buy one each, they will never be able to buy it again.
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