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Topic: Why does bitcoin have value? - page 18. (Read 2194 times)

member
Activity: 279
Merit: 12
May 21, 2018, 10:11:18 AM
bitcoin has a very high price because bitcoin has a very limited supply and bitcoin has a very high demand that makes bitcoin expensive. and bitcoin will always be worth.
full member
Activity: 546
Merit: 100
May 21, 2018, 09:57:11 AM
It simply because bitcoin has a limit and it also has a demand.
In this world, everything which has a limited supply and has a demand is always has a value.
And the price of bitcoin itself depends on it's demand.
newbie
Activity: 154
Merit: 0
May 21, 2018, 09:45:15 AM
Bitcoin have value because of there are huge demands that come together in the market. Even now bitcoin price decreases still it is the most valuable coin in crypto even some altcoins couldn't defeat bitcoin value. In due time it will go so far. Bitcoin value wouldn't lose while it is the dominant coin.
newbie
Activity: 112
Merit: 0
May 21, 2018, 09:33:08 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.
Yes, I agree with everything you say. There are so many factors that cause Bitcoin to be of great value. The more here Bitcoin enthusiasts are also more and more so naturally if Bitcoin has a very high value compared with other coins. I believe Bitcoin can definitely survive until the future.
full member
Activity: 546
Merit: 102
May 21, 2018, 09:25:08 AM
bitcoin has a transfer value as an alternative fiat currency
and transactions much faster without having to go through the bank
that's what makes bitcoin has value
member
Activity: 233
Merit: 10
May 21, 2018, 09:21:54 AM
bitcoin is very valuable because I see bitcoin has a very limited total supply and bitcoin has a very good development can be used for some payment methods that make bitcoin valuable.
sr. member
Activity: 672
Merit: 250
May 21, 2018, 09:18:25 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.
By and large, anonymity may be necessary, and in countless other cases, including not violating the letter of the law. For example, shopping in a store intimate products. Or financial support such as charity, in cases when the fact of this activity do not want to advertise. In General, we will not take into account the moral side of the question. Important: regardless of our relationship to it there is a demand for financial privacy, and crypto-currencies to satisfy it.
Value is somehow relying on the perception of the public. A simple plastic card could become so valuable the moment a bank honored it as a legitimate store of value as a credit card. Same as for bitcoin, the quest for an alternative source of value brought the technology that given importance to something which is not even tangible. It is the worth, merit, benefits and advantage that gave reasonable value to bitcoin.
member
Activity: 364
Merit: 10
BitSong is a decentralized music streaming platfor
May 21, 2018, 08:54:13 AM
Bitcoin has value because we believe that it has value. We, the market, are the ones giving bitcoin value, from our faith and belief that it has value gives it the value and price it has today. If this belief grow, bitcoins value will also grow and rise depending on the faith we put to bitcoin.

I think that bitcoin's value is real and does not depend on faith in it. Bitcoin makes life easier - this is its value. Cool In 10 minutes you can transfer any amount of bitcoins anywhere in the world - this is a revolution in the financial sphere!
member
Activity: 634
Merit: 10
May 21, 2018, 08:41:37 AM
Bitcoin has value because we believe that it has value. We, the market, are the ones giving bitcoin value, from our faith and belief that it has value gives it the value and price it has today. If this belief grow, bitcoins value will also grow and rise depending on the faith we put to bitcoin.
sr. member
Activity: 574
Merit: 250
May 21, 2018, 08:03:34 AM
Same reason why gold is valuable. Coz we were told it’s beautiful. Just look at it. People adorn their bodies with it. It also has endless industrial uses. Gold is forever.
newbie
Activity: 32
Merit: 0
May 21, 2018, 07:35:50 AM
Bitcoin offers an efficient means of transferring money over the internet and is controlled by a decentralized network with a transparent set of rules, thus presenting an alternative to central bank controlled fiat money.  There has been a lot of talk about how to price bitcoin and we set out here to explore what bitcoin's price might look like in the event it achieves some level of widespread adoption
newbie
Activity: 183
Merit: 0
May 21, 2018, 07:27:40 AM
bitcoin have value because: You can freely pay, choose your own fee, low risk for the seller, security and control, transparency and neutrality.
Especially for the benefit of bitcoin bring you, it can help you change the present life in the best way.
newbie
Activity: 84
Merit: 0
May 21, 2018, 05:39:02 AM
and maybe it's the first blockchain Huh
newbie
Activity: 113
Merit: 0
May 21, 2018, 05:19:34 AM
Bitcoin offers a productive methods for exchanging cash over the web and is controlled by a decentralized system with a straightforward arrangement of tenets, subsequently displaying an other option to national bank controlled fiat cash.
full member
Activity: 361
Merit: 100
May 21, 2018, 05:04:20 AM
  The fact that Bitcoin have value is that Bitcoin has an efficiency in transactions of money through internet without an intermediary support. Bitcoin is a decentralized network that is transparent than other fiat currency . The supply of Bitcoin is limited and this protocol will not change the current value of Bitcoin due to  speculative interest.  We assume Bitcoin value from its use as a medium of exchange and store of value. Now more people are getting interest towards Bitcoin and business  people too are coming forward.
jr. member
Activity: 196
Merit: 1
The Experience Layer of the Decentralized Internet
May 21, 2018, 04:32:22 AM
Bitcoin does have value because of the demands of the people, people want it. There are a lot of reasons why people wants to have Bitcoin, all its features and the value, they can be sure to earn some money for extra income, they can do it for a living or invest for a good future ahead of them. The reason why its price continuously increases is because the demand of the people, their interest on owning, keeping their coins are also increasing day by day.
newbie
Activity: 266
Merit: 0
May 21, 2018, 04:28:52 AM
The value of Bitcoin comes from the same reason the US dollar does – it’s a useful form of money that’s used by people to buy and sell things.
jr. member
Activity: 308
Merit: 8
May 21, 2018, 04:18:40 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.


This is absolutely correct and Bitcoin will always continue to be in high demand and for same reasons the value will also soar. Bitcoin is an asset when you  hold any of it for a time, the value will appreciate that is another good characteristics of bitcoin.                                                     
member
Activity: 84
Merit: 10
May 21, 2018, 04:06:36 AM
Since the maximum amount of BTC is strictly limited to 21 million, it's easy to guess that there will come a day when the crypto currency will become much more scarce than today. And this means one thing - a colossal price increase to incredible sums. The bitcoins purchased today are one of the most profitable investment decisions.
member
Activity: 252
Merit: 14
May 21, 2018, 04:00:49 AM
Bitcoin has value because of the seller and buyers and also the holders there are many demands of bitcoin and it deas big volume and this volume make the price moves.
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