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Topic: Why does bitcoin have value? - page 16. (Read 2194 times)

jr. member
Activity: 106
Merit: 1
May 22, 2018, 05:56:54 AM
Many people accept and trade in Bitcoin because it is recognized and accepted as a currency.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.It is important for us that bitcoin have a value.
Bitcoin is, in some ways, its own case study. It's not representative of all cryptocurrencies. Bitcoin originally was just a peer-to-peer payment platform, but increasingly it's becoming the reserve currency for all other cryptocurrencies, and that means it's also becoming a store of value.
newbie
Activity: 84
Merit: 0
May 22, 2018, 05:51:04 AM
Many people accept and trade in Bitcoin because it is recognized and accepted as a currency.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.It is important for us that bitcoin have a value.
full member
Activity: 476
Merit: 100
May 22, 2018, 05:46:47 AM
Absolutely right. Those points mentioned are what makes Bitcoin the leader cryptocurrency. Bitcoin though still having scalling  and fees issues which kind of  dragging bitcoin back. Hope this issues will be taken care of by the developers.
member
Activity: 351
Merit: 11
May 22, 2018, 05:38:28 AM

-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.

I think why bitcoin does have value is because  bitcoin has what people need, bitcoin make life. Because people found interest in this special cryptocurrency and we all saw the huge potential from it. That's why bitcoin does have.
newbie
Activity: 85
Merit: 0
May 22, 2018, 05:21:51 AM
Bitcoin has value because it is the virtual money.
It is the first and most valuable type cryptocurrency.
It is limited and uncontrollable.
It is used worldwide. And its value has high price.
newbie
Activity: 115
Merit: 0
May 22, 2018, 04:57:44 AM
Bitcoin as a technology is the future but I doubt it being the main currency of the future since we all know it is a volatile and a decentralized digital currency.

Well, digital currency is becoming a hit to investors since the price of it is spiking some time of the year. As of now as we are talking about this, the price of Bitcoin is starting to increase again so I think this might attract a lot of investors again.
member
Activity: 154
Merit: 10
May 22, 2018, 04:52:57 AM
I am not expert in this but to my mind the value and the number of supple are connected. To my mind, the limitations always result in great popularity and the same thing happened to bitcoin, which limited supply resulted in the highest value
member
Activity: 224
Merit: 11
May 22, 2018, 04:27:06 AM
why bitcoin has value:
- because bitcoin is in a privileged position and a lot of people and because it is useful
  like money
- because it is bitcoin already trusted by users around the world
  as an electronic transaction tool
- because bitcoin can also be converted to local currency in each country.
- due to individual interest in digital currencies such as bitcoin
- because of its limited number, and have a great chance as an eye
  anti inflation money
newbie
Activity: 73
Merit: 0
May 21, 2018, 09:32:41 PM
bitcoin has value because bitcoin is a place where the right place and great for investing and investing stock in modern and digital epoch, without us bother to work pine hot dippers spend we can work healthy and promising in this bitcoin, because bitcoin is a place to invest and plant profitable stocks for us to find as many assets as possible and our savings, if not we start from now when more success and success we feel.
member
Activity: 648
Merit: 10
May 21, 2018, 08:15:56 PM
Bitcoin have value because many transaction of bitcoin by investor, every time have unlimited transaction for bitcoin, where many investor buy bitcoin for their investment and make bitcoin will be increase of their value. Limited supply of bitcoin will be one reason why bitcoin have value, maybe if bitcoin have unlimited supply bitcoin price will be drop and do not have great value. Right now many companies have accepted bitcoin as payment system and will be one positive for bitcoin have value.
newbie
Activity: 36
Merit: 0
May 21, 2018, 08:12:14 PM
BECAUSE ITS A POPULAR DEMAND  AND HER TECHNOLOGY PROVIDES A LOT OF SOLUTIONS TO WORLD.
newbie
Activity: 49
Merit: 0
May 21, 2018, 08:09:06 PM
It has value because BTC can be converted into  $USD , and also due to it's revolution blockchain technology. And can be used as a payment option , and valuable because it is simply used by people. The fact that it has demand simply means it is valuable. Smiley
full member
Activity: 420
Merit: 100
CAT.EX Exchange
May 21, 2018, 07:49:26 PM

-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.

yes, I also agree with what you say. bitcoin is very popular in the world of cryptocurrency. many people use bitcoin, either for investment or for trade. there is no adoption from the government so bitcoin is not taxed by the state. and the amount of bitcoin is very limited, but the market of buying and selling is unlimited and very many do it for trading business.
maybe that's why bitcoin has value and is more valuable.
sr. member
Activity: 658
Merit: 250
May 21, 2018, 07:49:11 PM
First of all, bitcoins are valuable due to its revolution blockchain technology. Secondly, it is first and most famous criptocurrency in the world.
jr. member
Activity: 150
Merit: 1
May 21, 2018, 07:39:48 PM
I think bitcoin has value because it is being mine. Energy was used to generate it. Our economy resources is being measure with the energy we have, the natural resources we have, infrastructure and may other things. Bitcoin it being generated through consumption of energy and people agrees to use it as a common ground for exchange of assets and services. That's why it has value, because we agree on it.
newbie
Activity: 4
Merit: 0
May 21, 2018, 07:20:21 PM
Sesuatu usaha jika mendapatkan nilai yang tinggi maka nilai tersebut akan dicari orang, seperti halnya bitcoin, bitcoin mempunyai nilai investasi yang sangat tinggi, sehingga para penggemarnya rela mengahabiskan waktunya untuk mendapatkan bitcoin
jr. member
Activity: 392
Merit: 3
May 21, 2018, 07:08:55 PM
because the bitcoin is created first before any other coin.
all markets accept bitcoin so bitcoin becomes easy to meet.
bitcoin serves altcoin exchange so the price keeps rising.
if compared with other coin
newbie
Activity: 130
Merit: 0
May 21, 2018, 07:02:32 PM
The market cap it commands and the number of ues Bitcoin has in the crypto market is the main reason a t why BTC attracts so ,much value
full member
Activity: 250
Merit: 100
May 21, 2018, 07:01:16 PM
bitcoin is a currency like gold or fiat or anything as long as it can be used to trade has value.
jr. member
Activity: 121
Merit: 1
May 21, 2018, 06:54:44 PM
I think its because of the investment people give on this crypto and it is widely used in some online stores. The more the people invest on bitcoin the bigger its value. they trade and use bitcoin as a daily basis.
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