Why is bitcoin worth? Welcome to discuss - page 17.

chickenado

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Quote from: KourtneyK on October 06, 2017, 12:35:59 AM

Quote from: batang_bitcoin on October 06, 2017, 12:05:21 AM

Quote from: Gozie51 on October 05, 2017, 04:05:42 PM

The value of a goods that people cherish, would rise. This is synonymous to Gold and silver as people prefer one for another and so this is how it is with bitcoin and other cryptos that is where the value is.

Yes we mostly value bitcoin for it's value and that's why it really worth. And comparing it to gold and silver is quite popular today, most of the people are saying that bitcoin is the modern gold or digital gold that makes it worth for everyone to keep on holding. Thinking if bitcoin doesn't have any value today, do you think that many people will stay and look to it as a valuable investment and profitable coin?

For as long as the cryptocurrency has value today then it will always be worth it most especially Bitcoin which in present has the most value out of all the cryptocoins. That's why they are saying it is like the modern gold or digital gold because of the value it holds and price that keeps on increasing in time.

Everyone knows how worthy bitcoin is. Bitcoin shares us a lot of strategic ways to complete the value of other coins which are valuable as well in cryptocurrency field of digitized money. I believe that this will give us more efficient work to do to earn bitcoin and to invest it also. I'm gonna invest bitcoin for a particular business someday and I know this will help me more to continue make a living with bitcoin and in this way this will make it more worth to have. I keep to myself that bitcoin is with me throughout my journey.

KourtneyK

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Quote from: batang_bitcoin on October 06, 2017, 12:05:21 AM

Quote from: Gozie51 on October 05, 2017, 04:05:42 PM

The value of a goods that people cherish, would rise. This is synonymous to Gold and silver as people prefer one for another and so this is how it is with bitcoin and other cryptos that is where the value is.

Yes we mostly value bitcoin for it's value and that's why it really worth. And comparing it to gold and silver is quite popular today, most of the people are saying that bitcoin is the modern gold or digital gold that makes it worth for everyone to keep on holding. Thinking if bitcoin doesn't have any value today, do you think that many people will stay and look to it as a valuable investment and profitable coin?

For as long as the cryptocurrency has value today then it will always be worth it most especially Bitcoin which in present has the most value out of all the cryptocoins. That's why they are saying it is like the modern gold or digital gold because of the value it holds and price that keeps on increasing in time.

batang_bitcoin

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Quote from: Gozie51 on October 05, 2017, 04:05:42 PM

The value of a goods that people cherish, would rise. This is synonymous to Gold and silver as people prefer one for another and so this is how it is with bitcoin and other cryptos that is where the value is.

Yes we mostly value bitcoin for it's value and that's why it really worth. And comparing it to gold and silver is quite popular today, most of the people are saying that bitcoin is the modern gold or digital gold that makes it worth for everyone to keep on holding. Thinking if bitcoin doesn't have any value today, do you think that many people will stay and look to it as a valuable investment and profitable coin?

kimpena

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Quote from: zhangswujip on February 03, 2017, 11:18:43 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.

Of course bitcoin has a value, why are we using it if it has no value, right? like what's the use of it in your life if you have it and has no value? Bitcoin has a value, we use it as an exchange for a service rendered, payment for things we bought and others. It is useful and valuable to many of us, just like gold, silvers and other things that can be use as an exchange for something. From our history, we have what we call barter, this is the oldest way on getting things they needed and wanted. They give something for an exchange of that something they desire. Therefore the item they use to exchange to has a value, and the value of it is equivalent to value given to you.

Mikasa77

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Quote from: zhangswujip on February 03, 2017, 11:18:43 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.

They tell to you that bitcoin is not valuable because they dont have any idea what bitcoin is and what is its usage and capabilities. Bitcoin very valuable to us especially to those people who changed their lives because of bitcoin. Bitcoin helps us to earn our money in order for us to sustain our daily needs as well as solve our financial problem.

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Quote from: zhangswujip on February 03, 2017, 11:18:43 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 do not know more about bitcoin yet so they can tell that bitcoin is of no worth to them. For the community here all know bitcoin is very valuable to all of us, bitcoin has helped me financially so I will never leave bitcoin even though the price will fall hard.

Akash1243

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I think bitcoins has worth because it has demand from people as Bitcoins prices and survival is also because of its heavy demand from the people.If people would have shifted to other crypto currencies then bitcoins prices would became very low.People use bitcoins because it has many great features like it is decentralised currency that means governments has no power over bitcoins and it keeps the user's identity anonymous during transactions, bitcoins can be send to any part of the world with only around $5 of any amount which is also fast.And its prices will only seen to increase as it has limited number in total.

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The value of a goods that people cherish, would rise. This is synonymous to Gold and silver as people prefer one for another and so this is how it is with bitcoin and other cryptos that is where the value is.

marcuslong

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If you start bitcoin since then maybe you will not ask this because most of the people who hild their bitcoin for that long is now a millionaire and they use their bitcoins now to create business and mostly people are interested to use bitcoin it because they knew about what benefits can get from using bitcoins.

Mustion

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Many people said Bitcoin are worthless cause actually they don't have a basic concept about what is Bitcoin, what is blockchain system and what can that technology can giving to us . Even with investors who holding maybe hundreds of BTC don't even know about it's worthy . Seems they just think it is a property or some kinds of stocks to investing and earning profits . Blockchain system isn't that much complicated. Basic concepts are necessary to know when you're joinning in the system.

Nahl

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for those who said bitcoin has no value i think those people are haters of bitcoin and as you can see now bitcoin value was pretty much better even in my country with 1 bitcoin you could buy 3 brand new of motorcycle but indeed there are some issue which makes bitcoin still not acceptable in the particular countries but it will not makes people stop use bitcoin because they are already realize that bitcoin are valuable

hovrah

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Quote from: bozo333 on October 05, 2017, 12:49:10 PM

Quote from: justarmc on October 05, 2017, 11:33:57 AM

It is worth because bitcoin represents money, meaning it has its value, and its very useful. It allow us to transfer money from person to person without any third party involve. It is one of the largest and most elegant exchange the world has ever seen.

Bitcpoin is the most valuable on so it's a digital currency it will give more opportunity for the income process and development. Bitcoin process is changing day by day it is the future business investment for the profit. You will get more opportunity. Bitcoin is the best in the business online and believe the bitcoin for the future investing online and income.

It seems to me that there was plenty of time to invest its funds in Bitcoin. During the month, the price fluctuated and fell very low, and this made it possible to buy Bitcoin at a very low price. Today, we all expect good growth and enhance Bitcoin's potential tomorrow and in the future in general.

kidsuzudn

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Bitcoins are a crypto-currency. That means they can be used like a currency, but don't physically exist like dollar bills. They are an online currency which can be used to buy things. They are digital cash that exist as bits on people's computers. You can't put them in a drawer, like dollar bills or gold Krugerrands. Bitcoins are used to complete transactions - just like any currency. Even though they are virtual, rather than physical, they are used like cash when transferred between people through the web.
Being virtual is not inherently a bad thing. The dollars on our financial institution statement, viewed online, are considered real money, even though those are just digital dollars. The fact that Bitcoins aren't available in physical form is not really a downside, any more than the numbers on your financial statement are not available as physical currency either. Just like we use credit cards or debit cards to transfer value, Bitcoins can be spent in many locations, just like dollars.

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Quote from: justarmc on October 05, 2017, 11:33:57 AM

It is worth because bitcoin represents money, meaning it has its value, and its very useful. It allow us to transfer money from person to person without any third party involve. It is one of the largest and most elegant exchange the world has ever seen.

Bitcpoin is the most valuable on so it's a digital currency it will give more opportunity for the income process and development. Bitcoin process is changing day by day it is the future business investment for the profit. You will get more opportunity. Bitcoin is the best in the business online and believe the bitcoin for the future investing online and income.

justarmc

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It is worth because bitcoin represents money, meaning it has its value, and its very useful. It allow us to transfer money from person to person without any third party involve. It is one of the largest and most elegant exchange the world has ever seen.

marjoree

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He probably said because he has no single idea about Bitcoin. Because if it does not have any value, then why waste time here right? Everything has its value in this world. Lets keep that in mind , even those small things. But bitcoin is big and will become popular soon

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Quote from: zhangswujip on February 03, 2017, 11:18:43 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.

I do agree with your opinion, I also do not think that bitcoin is no value. For me, just like a fiat, real money or any physical money bitcoin has a value just like a real money when you exchange it. Bitcoin is valuable, we need to exchange it to cash to see its value. Even though bitcoin is a digital currency in other countries they accept bitcoin as payment or in any transaction so it has a value.

zulkarnaen

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In my opinion, bitcoin prices will continue to increase if bitcoin demand is greater than supply, certainly this will lead to rise in bitcoin prices. And with more people using bitcoin there will be more transactions on bitcoin so the bitcoin supply decreases and the price may increase drastically if bitcoin supply is already in the hands of each user.

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Quote from: zhangswujip on February 03, 2017, 11:18:43 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 is valuable. If bitcoin is not there, we rely on something to change Bitcoin to cash. Although Bitcoin is a virtual currency, it has real value, so you can use it for trading, trading or paying.

Lmaooo

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Bitcoin is getting more valuable because more people are investing in to it, and the more people invested in to bitcoin the more valuable bitcoin is going to be. Cool

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