Topic: Why does bitcoin have value? - page 12. (Read 2231 times)
bitcoin has a value because I think bitcoin has a very limited total supply and bitcoin has a very high demand that's one of the common reasons that make bitcoin has a price. the growing bitcoin the more expensive bitcoin.
Bitcoin community is active and online network of bitcoin community is growing day by day because bitcoin is made on Blockchain Decentralized Technology and this technology is great technology in this time and every one like to work on this technology,
It has value because there are a lot of people interested in buying and selling bitcoins.
The same thing could happen to "chairs" if people go there to buy chairs at an outrageous price, and sell them for higher later and people are disposed to buy them for $1000 each.
The price of them will go up quickly, that is how supply/demand works.
Yes i agree on that it is all about marketing system. Maybe bitcon has a value because there are so many investors that buy and sell on it. I think bitcoin price depends from the volume of the investors. And it is also spend from the trust of the people that gain on it. The amazing features of bitcoin is also the great factor that affect its price. The same thing could happen to "chairs" if people go there to buy chairs at an outrageous price, and sell them for higher later and people are disposed to buy them for $1000 each.
The price of them will go up quickly, that is how supply/demand works.
The higher the price puts Bitcoin in a privileged position in the eyes of many people, especially those interested in making a profit from the price difference. Not a few writings that praise this system as a revolutionary mechanism in solving many cases, especially in the financial world.
Because bitcoin is the only accepted virtual currency and it is decentralized in nature and nobody or governmet can control or have power over it.
It has value because there are a lot of people interested in buying and selling bitcoins.
The same thing could happen to "chairs" if people go there to buy chairs at an outrageous price, and sell them for higher later and people are disposed to buy them for $1000 each.
The price of them will go up quickly, that is how supply/demand works.
The same thing could happen to "chairs" if people go there to buy chairs at an outrageous price, and sell them for higher later and people are disposed to buy them for $1000 each.
The price of them will go up quickly, that is how supply/demand works.
-I think It is popular. many people accept and trade in Bitcoin because It is recognized and accepted as a currency by many.
-Bitcoin is decentralized and limited. This is a major factor for many Bitcoin users. Bitcoin is hard for governments to trace and tax
-Bitcoin acts like an equity investment. The market value of Bitcoins has had wild swings in value and even a market cap.
-Bitcoin is a social network. The Bitcoin "community" is active and acts like other online social networks.
-There are only 21 million bits so it has the same value as gold.
There are a lot of reason why bitcoin has value. A lot of people already invested in bitcoin because many joined and do the investments. The more investors to come, the higher value bitcoin will be. So investing in Bitcoin as now is a good chance for us to earn for the future.
The most important value of Bitcoin is its technology and decentralization. The more technological bitcoin becomes, the more people want to have it. The higher the demand, the greater the price.
I think everything in this world have value. It depends on the public demand and availability of that things. Now a days in this cryptosystem the most popular thing is bitcoin. Many people and so many ideas are now running for this coin only. That's why it has value and its value will rise a lot in future.
I think because bitcoin is so popular that people put trust in bitcoin. Values arise because of trust. Then more and more users. More and more users mean more demand, resulting in higher bitcoin values
bitcoin is very valuable and has a very high selling value because bitcoin has a very high demand and bitcoin also has a very limited total supply so bitcoin can have a very expensive price.
For me the value of bitcoin was the successful thesis of those who started this run. The greatness of idea, the affordable product ( back then), and the uniqueness of the effort to developed this system that will survive good enough. The discovery of this new way appeared digital currency becomes more popular and use all over the world.
because bitcoin use tokens and bitcoin is a currency.
The value of Bitcoin has nothing to do with its exchange rate .The value of Bitcoin is not in the tokens used to exchange with each other, but in the network that allows this exchange to be made.
For me everything has its own value and so does bitcoin. Bitcoins value is what makes it bitcoin without it it will be the same anymore. Maybe other people who has no knowledge with cryptocurrencies don't see the value here but when they know something about cryptocurrencies they will eventually understand
Since the bitcoin is the first crypto currency. But she has gained popularity recently. It is popular because it currently has a very large capitalization. Bitcoin is also very difficult to control by world countries. Therefore, he is so dear and valuable
The popularity of bitcoin is very good so bitcoin is difficult to be conquered by many countries even bitcoin is very strong and talented with mastering the market.
The reason is that bitcoin is so valuable that since its inception, it has always attracted investors and now its attractiveness has never decayed if it has no value why it still exists today. this reason bitcoin have value
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Bitcoin value is attached to it general acceptability by many people globally, is more of supply and demand. All kudos to Mr N. Satoshi
Bitcoin has value because it is scarce and it is useful. It is fast, decentralized, has the potential to change the financial world makes it desirable. People are starting to see its exponential growth which creates value as more people starts using bitcoin and more merchant are accepting it as a means of payment.
bitcoin have great value because it is the first cryptocurrency in the world. people who own bitcoin is a lot and clossing bitcoin demand very high. if demand high, then value high.
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