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Topic: Why is bitcoin worth? Welcome to discuss - page 31. (Read 12990 times)

legendary
Activity: 1120
Merit: 1000
February 04, 2017, 04:34:38 AM
#12
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.
Same discussion again and again. Bitcoin does indeed have some value. If more people adopt and accepts the usage of bitcoin the price will rise, since the demand for bitcoin will be increasing but the supply is still limited.
i think the demand of bitcoin is not decreasing, because as time pass people are getting awareness about bitcoin and they are taking interested for investing their assets in bitcoin, therefore the demand is continuously increasing and that is the reason that the price of bitcoin is also shooting up. we can hope that the trend will continue for a long time and people will getting income from bitcoin.
sr. member
Activity: 686
Merit: 253
February 04, 2017, 04:27:24 AM
#11
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.

Forget those losers, Bitcoin is worth every penny of your dollars, it's more valuable in our time than ever and based on the current trends i forsee it climbing higher than we've ever see by the end of this year and I will be waiting for the losers to spew out their ignorance about Bitcoin not being valuable.
sr. member
Activity: 264
Merit: 250
February 04, 2017, 04:12:36 AM
#10
The meaning is that so many people pay for the justice of this chain. Based on the upper layer of this chain is the value of the application
sr. member
Activity: 924
Merit: 260
February 04, 2017, 03:25:05 AM
#9
The value of bitcoin is in it acceptable, if bitcoin is not accepted as for exchange for goods and services, then it has no value. Just like in times past were the only means of exchange for goods and services is through batters trading. People create values on gold, silvers and stocks if it original sense it has no value. Bitcoin is increasing in values this day because of the force of demand and supply.
sr. member
Activity: 310
Merit: 250
February 04, 2017, 02:54:34 AM
#8
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.

If it has no value why does the people her on the bitcoin forums still believe in it and actually all use it to buy from one another. Not to mention, that we can also buy elsewhere. We can buy VPNs, services, goods etc. with our bitcoin. How can they say it has no value but it can buy things that are valuable to people.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
February 04, 2017, 01:54:41 AM
#7
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.
Same discussion again and again. Bitcoin does indeed have some value. If more people adopt and accepts the usage of bitcoin the price will rise, since the demand for bitcoin will be increasing but the supply is still limited.
legendary
Activity: 1148
Merit: 1048
February 04, 2017, 01:37:28 AM
#6
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.
The person who said to you that is not know Bitcoin is they said that because they didn't use it.The value  of Bitcoin start from its supporters the more the Bitcoin supporters value of Bitcoin increase also.
hero member
Activity: 560
Merit: 502
February 04, 2017, 12:51:56 AM
#5
This topic was talked to death already, it is the most common question layman asks first. The most accurate answer is that bitcoin is useful.
It is global network useful to transfer money to anyone connected to the internet, normally you would pay for services like this.
Secondly Bitcoin can be uses as global database where you can store info, messages within blockchain and it will act as timestamped permanent data store.
legendary
Activity: 1218
Merit: 1000
February 04, 2017, 12:46:02 AM
#4
Well, for those who do not know bitcoin, of course they would think that bitcoin it has no value. but, when they have gained bitcoin, and know how it works, I am sure, they will drag their words, and would say that bitcoin is worth something, even to say, bitcoin is the best on the internet. I feel, they know very little knowledge about bitcoin.
copper member
Activity: 1330
Merit: 899
🖤😏
February 04, 2017, 12:37:17 AM
#3
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.
Beside Satoshi the first person accepted bitcoin and paid something of value in exchange for them essentially made the first step in giving it the value that currently it has, there are some digital data being stored and is available to the public to see and no one could change that data, so if in digital(virtual) world where everything is possible, Satoshi invented a method to make the manipulation impossible.

What does that mean? it means if you store yyyyxxxyy digitally and come back after 100 years no one was able to change anything in form and order of such data and still is yyyyxxxyy and not only you can confirm that but thousands or even millions of people can confirm the validity of accuracy of your data, and since everything already been done digitally the same way only by private companies and banking systems people tried the non exclusive and open source version and that alone gave the value to bitcoin.
hero member
Activity: 1778
Merit: 882
February 04, 2017, 12:34:07 AM
#2
I ask you a question, why does gold have value? Because over time it was socially accepted that gold for n reasons had some value and when it is traded at a price that the seller wants to sell and the buyer wants to buy it is there its value. Bitcoin has this value because people believe it has value, simply that. If everyone thinks equal to who told you that he has no value, he really will not have it.
sr. member
Activity: 309
Merit: 250
February 04, 2017, 12:18:43 AM
#1
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.
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