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Topic: Why is bitcoin worth? Welcome to discuss - page 13. (Read 13030 times)

sr. member
Activity: 743
Merit: 250
February 12, 2018, 03:04:57 PM
Bitcoin worth because it is nowadays the most profitable crypto currency, and also it have the best potential and value. There is many people become wealthy around the world because trading and holding Bitcoin, and others make their living only by working with BTC. So it is really useful and profitable.
member
Activity: 630
Merit: 14
February 12, 2018, 02:44:17 PM
Someone has said bitcoin is of no value, in my heart I think they said is wrong, I always think that bitcoin is valuable, but I didn't understand what is the origin of the value of bitcoin, why accept more people, its value will rise? If you have other ideas, please discuss.

Bitcoin doesn't have intrinsic value, the digital currency isn't backed by anything, it fully depends on high demand to keep getting more value along the time. That is the origin of Bitcoin value: high demand. When it increases (when more people put their offers to buy Bitcoin), more the price increases.

And it's totally worthful, not only because it's a profitable investment, but because it's decentralized, you just need a virtual wallet address to start using and transacting Bitcoins. It's the perfect solution to receive online payments without need of giving your personal details online. Surely there are other digital currencies that could do the same function (AltCoins), but Bitcoin is more trustful, plus more profitable than any other currency. It's a advantageous combo.
but that no one has yet answered the question of what the value of Bitcoin itself is. Each coin of a crypto currency has some value, Because it always represents a project, but Bitcoin is a completely different value and concept is very difficult.
sr. member
Activity: 588
Merit: 250
February 12, 2018, 12:26:34 PM
Why is bitcoin worth? Because it's very popular expencive and trusted cryptocurrency and investing on it is always profitable and safe at my opinion...
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
February 12, 2018, 12:09:42 PM
Someone has said bitcoin is of no value, in my heart I think they said is wrong, I always think that bitcoin is valuable, but I didn't understand what is the origin of the value of bitcoin, why accept more people, its value will rise? If you have other ideas, please discuss.

Bitcoin doesn't have intrinsic value, the digital currency isn't backed by anything, it fully depends on high demand to keep getting more value along the time. That is the origin of Bitcoin value: high demand. When it increases (when more people put their offers to buy Bitcoin), more the price increases.

And it's totally worthful, not only because it's a profitable investment, but because it's decentralized, you just need a virtual wallet address to start using and transacting Bitcoins. It's the perfect solution to receive online payments without need of giving your personal details online. Surely there are other digital currencies that could do the same function (AltCoins), but Bitcoin is more trustful, plus more profitable than any other currency. It's a advantageous combo.
full member
Activity: 208
Merit: 100
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
February 12, 2018, 12:03:27 PM
Someone has said bitcoin is of no value, in my heart I think they said is wrong, I always think that bitcoin is valuable, but I didn't understand what is the origin of the value of bitcoin, why accept more people, its value will rise? If you have other ideas, please discuss.
People who said that Bitcoin has no value or worth literally do not understand the essence of its existence and do not even know how to appreciate its wonder for the reason that they cannot understand how to manage it well and how does this kind of currency was working that make its users capable of earning and gaining an income online. Bitcoin was really worthy and valuable if they will just learn to appreciate it very well and totally understand its existence and for sure once they have realize it, surely they will do engage on it to experience the beneficial features it can provide for their own.
member
Activity: 154
Merit: 10
February 12, 2018, 11:50:53 AM
Someone has said bitcoin is of no value, in my heart I think they said is wrong, I always think that bitcoin is valuable, but I didn't understand what is the origin of the value of bitcoin, why accept more people, its value will rise? If you have other ideas, please discuss.
Someone told me that bitcoin is dangerous,scam,and someday bitcoin will ask you to pay you debt.I couldnt imagine how they said like that,i think something is wrong with their mind? What about others what is your idea about this?
sr. member
Activity: 896
Merit: 253
February 12, 2018, 11:49:59 AM
Bitcoin derives its unique value from the fact that despite its lack of official backing or wide acceptance, it has generated an ecosystem in which many people are willing to trade and accept it. In fact, some perceive bitcoin to be more valuable, or more useful, than other currencies in that it is a better option for certain purposes, such as seamless digital transfers and use across borders. Also, because there is a cap set on the total number of bitcoins that will ever exist, the currency cannot be devalued through inflation as others can. Finally, a key benefit of bitcoin is known as “censorship resistance,” its ability to be used for transactions that could normally be censored by other payment networks.
jr. member
Activity: 353
Merit: 4
February 12, 2018, 11:34:15 AM
Someone has said bitcoin is of no value, in my heart I think they said is wrong, I always think that bitcoin is valuable, but I didn't understand what is the origin of the value of bitcoin, why accept more people, its value will rise? If you have other ideas, please discuss.

Bitcoin is a cryptocurrency that has value, like fiat money that also has value. All currencies have value as payment in a transaction.
newbie
Activity: 91
Merit: 0
February 12, 2018, 10:56:01 AM
Someone has said bitcoin is of no value, in my heart I think they said is wrong, I always think that bitcoin is valuable, but I didn't understand what is the origin of the value of bitcoin, why accept more people, its value will rise? If you have other ideas, please discuss.

In different countries where bitcoin is being it has proven its worth. There are people became millionaire eventhough they dont have in business or economy.
hero member
Activity: 896
Merit: 500
February 12, 2018, 05:54:45 AM
Because It is not easy to understand all of the Platform/System that implement by bitcoin. When people do not know, they may fear this technology.

People are now aware of bitcoin if some of them are not aware of it then it is lack of knowledge and information. According to me it is very important to discuss about bitcoin because with the help of this discussion people will know about bitcoin and they will get the right time to invest in bitcoin, increasing demand and price of bitcoin is something worthy so in future it is going to be more famous and more expensive by price.
Many people just hope when they buy bitcoin and then the next day they get profit and rich, most of them think that bitcoin is an instant way to succeed and get rich so when the price goes down they panic and sell cheaply.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
February 09, 2018, 09:04:09 PM
I think if people in the real world know gold, then people in the online world know bitcoin and both gold and bitcoin is a gem which is worth to buy. but some people in the real world have the misunderstanding about bitcoin and they only say that bitcoin will scam you and makes you lost your money.
Don't mind them and just let them think what they want to think because if they will be just keep thinking about the negative things then they will not become successful and let us enjoy the benefits of bitcoin and this is the reason why i am into bitcoin because for me, bitcoin is too far away from gold to compare it because gold for me is useless.
member
Activity: 634
Merit: 10
February 09, 2018, 07:40:48 PM
Bitcoin has value and no one can change that, even if millions of people don't know or are against it. It is simple, if people can use it in exchange of something, meaning, it has value and that value is being used/ has been used. It is like penny/fiat money (where in is just a piece of metal/paper) that has been given a value that is widely use and accepted. Bitcoin is just like money, it is widely use but the problem is that it is not widely and totally accepted, also it is intangible that makes it hard for people to consider it as a valuable thing.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
February 09, 2018, 07:35:52 PM
I think if people in the real world know gold, then people in the online world know bitcoin and both gold and bitcoin is a gem which is worth to buy. but some people in the real world have the misunderstanding about bitcoin and they only say that bitcoin will scam you and makes you lost your money.
member
Activity: 134
Merit: 10
ODEM.IO - UNLOCKING HIGHER EDUCATION
February 09, 2018, 07:14:48 PM
Someone has said bitcoin is of no value, in my heart I think they said is wrong, I always think that bitcoin is valuable, but I didn't understand what is the origin of the value of bitcoin, why accept more people, its value will rise? If you have other ideas, please discuss.
For me, bitcoin is a worth and a blessing for me also. It is because not it helped me earn my own money for me to sustain my daily needs. I also had the capability to save money for my future for me to have a better life someday.
full member
Activity: 336
Merit: 100
February 09, 2018, 06:30:39 PM
I also do not really understand the value of bitcoin, which I know all of it comes from the many people who trade bitcoin. Because there is already a graph on demand and supply for bitcoin. So it affects the current bitcoin value.
full member
Activity: 210
Merit: 120
February 09, 2018, 05:28:38 PM
Bitcoin investment is worth it because it can really bring you a good income. Aside from that, bitcoin give an opportunity to every one to sustain their need in everyday life living. It offers you to have a financial freedom and stability.
I think they are just saying that because not yet experience the help that bitcoin can give.
member
Activity: 115
Merit: 15
February 09, 2018, 05:07:16 PM
Bitcoin is the name of financial freedom,Highly global acceptance.If you travel no need to exchange the currency you can convert in the cash and also can shopping.

These features make it worthy,It is expected in future it will more worthy due to it increasing prices.
member
Activity: 118
Merit: 10
February 09, 2018, 04:31:57 PM
bitcoin is decentralized and we using bitcoin for a new generation of transactions and low fees and fastest way to money transfering and now more digitalcoin is developing because of bitcoin making a new economy system
hero member
Activity: 1064
Merit: 522
Proof-of-Stake Blockchain Network
February 09, 2018, 04:19:50 PM
bitcoin is limited unit. there is a low transfer fee. bitcoin isopen source. all transactions appear on the network. and bitcoin is decentralized.
newbie
Activity: 168
Merit: 0
February 08, 2018, 09:31:24 AM
BTC's value is to set up the digital central bank, BTC transfer is faster!

And decentralization and anonymity, effective protection of privacy!

Bitcoin has somewhat alleviated the inflation caused by fiat money.
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