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Topic: Why does bitcoin have value? - page 25. (Read 2194 times)

legendary
Activity: 1344
Merit: 1251
February 21, 2018, 08:16:54 AM
#81

-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.

Some things can be added to your list:

- it was the first created and spreaded on such a large scale, so it is perceived as reliable
- it is anonymous, and this was part of its original success, allowing people to use it for questionnable purposes
full member
Activity: 324
Merit: 100
February 21, 2018, 07:53:36 AM
#80
Bitcoin is popular because it is supported by some states. There are those who are critical of him but too many well-wishers with him.

China is too rude to react to bitcoin. If other countries too adopt such a position, this will negatively affect the market of cryptocurrency.

May be. But no one is going to take such positions yet. Or we do not know about it. Banks are interested in cryptocurrency and study it. As it will be further we do not know.

But despite all this, Chinese Internet services and shops continue to work with Bitcoins, and citizens are allowed to operate with them.
full member
Activity: 297
Merit: 100
February 21, 2018, 07:52:23 AM
#79
Bitcoin is popular because it is supported by some states. There are those who are critical of him but too many well-wishers with him.

China is too rude to react to bitcoin. If other countries too adopt such a position, this will negatively affect the market of cryptocurrency.

May be. But no one is going to take such positions yet. Or we do not know about it. Banks are interested in cryptocurrency and study it. As it will be further we do not know.
full member
Activity: 324
Merit: 100
February 21, 2018, 07:50:26 AM
#78
Bitcoin is popular because it is supported by some states. There are those who are critical of him but too many well-wishers with him.

China is too rude to react to bitcoin. If other countries too adopt such a position, this will negatively affect the market of cryptocurrency.
full member
Activity: 297
Merit: 100
February 21, 2018, 07:48:13 AM
#77
Bitcoin is popular because it is supported by some states. There are those who are critical of him but too many well-wishers with him.
full member
Activity: 280
Merit: 100
February 21, 2018, 07:42:50 AM
#76
In 2017, E. Schmidt and D. Cohen released the world-wide bestseller "The New Digital World". In the book there are the following lines : "So far we do not know how successful virtual states will be (and, in the end, what are the criteria for their success?), But the very attractiveness of this concept already speaks in favor of a gradual weakening of power traditional state in the digital age. You can even enter a unique virtual currency. "
full member
Activity: 324
Merit: 100
February 21, 2018, 07:34:10 AM
#75
Bitcoin spawned a variety of deep processes. These processes relate not only to finance, but also affect the socium, politics and confrontation of various groups and structures of elites, both globally and probably in the context of individual regions and even countries.
newbie
Activity: 154
Merit: 0
February 21, 2018, 04:14:26 AM
#74
Bitcoin value is the top prizable thing in the world i think.Bitcoin popularty or it's comunity is so high.Everyone show there prediction on bitcoin price.When bitcoin price rising high then the bitcoin comunity enjoy the profite form there investment.
newbie
Activity: 2
Merit: 0
February 21, 2018, 12:43:47 AM
#73
I think bitcoin will have bull run again in the midlle of March
full member
Activity: 815
Merit: 101
February 21, 2018, 12:42:40 AM
#72
bitcoin is a virtual currency that can be used for buying and selling. bitcoin is a blockchain technology that determines the price depending on supply and demand. so I think denom limited stock bitcoin and supply and demand a large bitcoin will have a very high value.
sr. member
Activity: 467
Merit: 251
https://t.me/xwshamim
February 21, 2018, 12:23:26 AM
#71
because the wise people put there money in bitcoin thus the market cap keep increasing by their money and with that the value also keeps changing ,and whenever they hear any bad news they take their money from the market thus the market cap decreases and the value also
newbie
Activity: 112
Merit: 0
February 21, 2018, 12:17:21 AM
#70
Bitcoin is an innovative digital token system that meets the requirements of sound money: stability, transferability, discrepancy, lack, literacy and security. Bitcoin digital cash. So why Bitcoin has no value? Because durable things are transferable, divisible, inadequate, recognized and fungible. Bitcoin is all these things, and it is all supported by a large network of Bitcoin mining and a global network of Bitcoin nodes. How dependent on how many people believe Bitcoin and how widely it uses it, and therefore, not knowing at this point, Bitcoin is very uncomfortable with other currencies.
member
Activity: 476
Merit: 10
Student Coin
February 20, 2018, 11:50:37 PM
#69
I think its has price because it has user and investor and also the price of it was getting high or double if investors and user increases.for now bitcoin was been popular in my country,when they know that they can earn easily by using it.
member
Activity: 560
Merit: 10
YOUC - www.youengine.io
February 20, 2018, 11:41:46 PM
#68
not only because it is very popular.
bitcoin have a great value because it has many users and holders.
if bitcoin demands great, bitcoin can have a great value also.
member
Activity: 336
Merit: 10
February 20, 2018, 03:39:46 PM
#67
Because people believed in this currency, and the coin rises from the bottom of the people themselves, not the state (in our usual world) . that in fact is the money? the same only controlled by the state! the more people will be faithful to bitcoin, the more value it will have, as its resource is limited!
legendary
Activity: 1274
Merit: 1004
February 20, 2018, 03:13:43 PM
#66
No Bitcoin has more than the value of gold anyway Bitcoin does have a value because it has a demand in the market. That's exactly how everything else works .now if anyone is saying that why should we invest in this digital number system then I say why not. When we can trust on a piece of paper for our daily transactions then I believe our Digital number system is much more trustable and Secure and it also helps us to keep the bookkeeping and many other features of Business and accountancy.
sr. member
Activity: 1491
Merit: 320
🐪
February 20, 2018, 01:44:31 PM
#65

-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.

Bitcoin is valuable, its quantity is limited, anonymous, it is dispersed.

People prefer bitcoins to hold future investments.

Now bitcoin is becoming more and more expensive and that's the value of it.

There is one more value added to that all. Bank and government can't confiscate your Bitcoin, unless you give them your private key. It is not regulated and only the owner of the private key can access the funds.
jr. member
Activity: 210
Merit: 3
February 20, 2018, 06:01:14 AM
#64

-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.

Bitcoin is valuable, its quantity is limited, anonymous, it is dispersed.

People prefer bitcoins to hold future investments.

Now bitcoin is becoming more and more expensive and that's the value of it.
newbie
Activity: 25
Merit: 0
February 20, 2018, 05:44:44 AM
#63
Bitcoin has its value due to some people and investors find it useful for their business. Not only crypto currency traders are buying bitcoin but also those industries who developed their strategy of business by using bitcion. The demand of bitcoin is growing that's the reasons why bitcoin price is growing at the same time. More investors and more traders more demand of bitcoin.
member
Activity: 136
Merit: 10
February 20, 2018, 05:37:34 AM
#62
becuase of people stablishing. people can give value for all things

Because of bitcoin we value all things. We can say that we most value bitcoin because it has a big help to us for our daily needs. We value bitcoin because of we can get a good profit that we can't get to other way. So i think bitcoin is the best.
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