Topic: Why is bitcoin worth? Welcome to discuss - page 27. (Read 13030 times)
It’s a game of trust. The currency note in your pocket has some definite value of $1 or 100 INR etc because the concerned government has agreed to pay you that respective amount so you trust that the instrument possesses the some value and thus everyone other. Bitcoin is not different, people around the world have faith in bitcoin and thus they believe that bitcoin has a certain value of $1,000 and this mutual trust is known as value.
Being decentralized and backed by mathematical cryptography instead of central banks if very valuable.
which makes it different from the other bitcoin. and make users want to have to form a bitcoin, and bitcoin has a price request. and demand continues to grow to create bitcoin prices highBasically bitcoin has two big advantages which are covering both online users as well investors. From beginning days itself, it started attracting these types of people that is the reason its worthiness goes skyrocketing.
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.
Let me share to you something, before Diamond and Gold don't have any value its just nothing, priceless in short. But when people gave it a value started from one person only, others followed what he/she did too up to now both of them has high value in the whole world. It is the same thing with bitcoin they accepted it because they believed it has value even cannot be touch unlike gold or diamond still has value. meaning it depend on how people believe in it.I am sure that we will see the high cost of Bitcoin. Its price is increasing rapidly. And I'm sure this is due to the increase in demand for Bitcoin. Therefore each of us should try to do even more popular Bitcoin
bitcoin is acceotable y many people around the globe and for me this major reason is sufficient to say that bitcoin is a worthy to be an virtual cryptocurrency. it has some exception but its one of the best idea till now
Nope, but OP already answered his question with his statement. Because bitcoin is valuable(Offering some advantages). and the people will see it something is important to have it.
Being decentralized and backed by mathematical cryptography instead of central banks if very valuable.
which makes it different from the other bitcoin. and make users want to have to form a bitcoin, and bitcoin has a price request. and demand continues to grow to create bitcoin prices high
For me bitcoin has value because it can be used to buy items online worry free without even risking your identity and credit card information to some stranger you don't know. Also, It has great investment opportunities where I can multiply my money easily for free I just have to be wise. Although the investment opportunity does not apply to everyone, anyone can just hold since bitcoin itself is a great investment because of volatile price.
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.
Let me share to you something, before Diamond and Gold don't have any value its just nothing, priceless in short. But when people gave it a value started from one person only, others followed what he/she did too up to now both of them has high value in the whole world. It is the same thing with bitcoin they accepted it because they believed it has value even cannot be touch unlike gold or diamond still has value. meaning it depend on how people believe in it.
bitcoin is acceotable y many people around the globe and for me this major reason is sufficient to say that bitcoin is a worthy to be an virtual cryptocurrency. it has some exception but its one of the best idea till now
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.
Let me share to you something, before Diamond and Gold don't have any value its just nothing, priceless in short. But when people gave it a value started from one person only, others followed what he/she did too up to now both of them has high value in the whole world. It is the same thing with bitcoin they accepted it because they believed it has value even cannot be touch unlike gold or diamond still has value. meaning it depend on how people believe in it.I am sure that we will see the high cost of Bitcoin. Its price is increasing rapidly. And I'm sure this is due to the increase in demand for Bitcoin. Therefore each of us should try to do even more popular Bitcoin
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.
Let me share to you something, before Diamond and Gold don't have any value its just nothing, priceless in short. But when people gave it a value started from one person only, others followed what he/she did too up to now both of them has high value in the whole world. It is the same thing with bitcoin they accepted it because they believed it has value even cannot be touch unlike gold or diamond still has value. meaning it depend on how people believe in it.
Well, what makes bitcoin worth is 'the users', as people keep buying and trading bitcoin, limited supply of bitcoin that had been set just 21 Million and higher demand make bitcoin precious (credibility and advantages behind bitcoin technology), just like gold or diamond (scarce but very useful). If there is no one wants bitcoin anymore, itu become worthless.
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.
Let me share to you something, before Diamond and Gold don't have any value its just nothing, priceless in short. But when people gave it a value started from one person only, others followed what he/she did too up to now both of them has high value in the whole world. It is the same thing with bitcoin they accepted it because they believed it has value even cannot be touch unlike gold or diamond still has value. meaning it depend on how people believe in it.
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.
Let me share to you something, before Diamond and Gold don't have any value its just nothing, priceless in short. But when people gave it a value started from one person only, others followed what he/she did too up to now both of them has high value in the whole world. It is the same thing with bitcoin they accepted it because they believed it has value even cannot be touch unlike gold or diamond still has value. meaning it depend on how people believe in it. 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.
yeah right they have said it wrong because bitcoin is of a high value and are giving better benefits to the investors and the users of bitcoin while those who do not know about bitcoin do not know that bitcoin is of a great benefit so they will say like that which is wrong.
Being decentralized and backed by mathematical cryptography instead of central banks if very valuable.
Bitcoin has value because:
- it is useful, as currency, as store value and is treated on par with physical commodities like precious metals
- it it is limited - there is high chance that because of that trait it will be much more expensive in the future
- it is decentralized - hard to track, useful as a safe haven investment or method for tax evasion
- it is used as equity investment - high volatility makes it good speculation tool
- it is useful, as currency, as store value and is treated on par with physical commodities like precious metals
- it it is limited - there is high chance that because of that trait it will be much more expensive in the future
- it is decentralized - hard to track, useful as a safe haven investment or method for tax evasion
- it is used as equity investment - high volatility makes it good speculation tool
Yes may be it useful for some of us that is because it is worth enough. And that is why the price is higher because of it is limited in this world, only some of them that hold huge amount of it. And why it is different with some altcoin? I am sure altcoin have this kind of thing too and they even have more step to make sure that their coin will be worth in the next few years. But why they cant become as huge as bitcoin?
Bitcoin will be worth more if the popularity in this world become higher and the coin become rare. This is only way to make bitcoin price will be worth
i am sure that the popularity of bitcoin user will be grow than now because people want to search better investment than gold and i think with the bitcoin price now, they will thinking about using bitcoin as their investment and this will make bitcoin user is grow and in the end, the mass adoption will be happen soon.
Bitcoin has value because:
- it is useful, as currency, as store value and is treated on par with physical commodities like precious metals
- it it is limited - there is high chance that because of that trait it will be much more expensive in the future
- it is decentralized - hard to track, useful as a safe haven investment or method for tax evasion
- it is used as equity investment - high volatility makes it good speculation tool
- it is useful, as currency, as store value and is treated on par with physical commodities like precious metals
- it it is limited - there is high chance that because of that trait it will be much more expensive in the future
- it is decentralized - hard to track, useful as a safe haven investment or method for tax evasion
- it is used as equity investment - high volatility makes it good speculation tool
Yes may be it useful for some of us that is because it is worth enough. And that is why the price is higher because of it is limited in this world, only some of them that hold huge amount of it. And why it is different with some altcoin? I am sure altcoin have this kind of thing too and they even have more step to make sure that their coin will be worth in the next few years. But why they cant become as huge as bitcoin?
Bitcoin will be worth more if the popularity in this world become higher and the coin become rare. This is only way to make bitcoin price will be worth
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 has huge potential of value, and now we've been sitting on $980, who said it has no value?Bitcoin price will increase anytime when more people buy/invest in bitcoin which created bigger market cap.
Simple economics rules, supply and demand, these rules affected bitcoin too, high demand and limited supply make bitcoin price always increases.
There are so many reasons why bitcoin is worth to me or for many people:
First it's price : Most people find bitcoin worth because of it's past and also it's present price and it's return which is really good.
Anonymity : Of course you can completely call bitcoin is anonymous payment method but I does provides basic privacy like many people are scared of gambling coz of society , etc bitcoin is really has this anonymous feature which is helpful for them.
Acceptable : Bitcoin is now currently accepted in many places compared to the past which makes buying of goods more easier.
First it's price : Most people find bitcoin worth because of it's past and also it's present price and it's return which is really good.
Anonymity : Of course you can completely call bitcoin is anonymous payment method but I does provides basic privacy like many people are scared of gambling coz of society , etc bitcoin is really has this anonymous feature which is helpful for them.
Acceptable : Bitcoin is now currently accepted in many places compared to the past which makes buying of goods more easier.
Bitcoin is woth it because its growing, you can see that before the rate of bitcoin not as good like today, so it means if you know how to handle bitcoin and you take good care of it you will know what's the real worth of bitcoin.
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