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Bitcoin => Bitcoin Discussion => Topic started by: undertheradar47 on July 05, 2019, 01:53:48 PM



Title: What Makes Bitcoin Valuable?
Post by: undertheradar47 on July 05, 2019, 01:53:48 PM
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

https://youtu.be/T4ltMvjGO5Y


Title: Re: What Makes Bitcoin Valuable?
Post by: lucho1592 on July 05, 2019, 02:18:29 PM
I have not read any books about bitcoin or crypto, but it did not prevent me from trading and understanding how it works


Title: Re: What Makes Bitcoin Valuable?
Post by: undertheradar47 on July 05, 2019, 03:55:10 PM
I have not read any books about bitcoin or crypto, but it did not prevent me from trading and understanding how it works

I felt the same way before I read the book. Now I know how wrong I was.


Title: Re: What Makes Bitcoin Valuable?
Post by: Nadziratel on July 05, 2019, 04:01:57 PM
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

https://youtu.be/T4ltMvjGO5Y

You can find answers of your question in its features!
Bitcoin is limited and will be only 21 million. So if you compare any FIAT money with it. I think you can understand. Supply-Demand!
Bitcoin is decentralized. So no one increase or decrease total supply. And no one control it!
Bitcoin is transparent. (This is the feature of blockchain actually but valid for BTC.) You can track all transaction easily with blocks.

And BTC has a great community support. All world be aware it potential now.


Title: Re: What Makes Bitcoin Valuable?
Post by: Dondont on July 05, 2019, 04:09:48 PM
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

https://youtu.be/T4ltMvjGO5Y

What do you mean by standard here?
I think what makes Bitcoin valuable is because of the system, namely Blockchain is not directly bitcoin itself. Unfortunately, few people misunderstand this section


Title: Re: What Makes Bitcoin Valuable?
Post by: Upgrade00 on July 05, 2019, 04:12:49 PM
If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one

Bitcoins white paper unlike those of ICOs is not a comprehensive description of the network covering the basics, but an in-depth technical summary of how it functions, and beginners without any technical background would learn better taking the basics from books, videos, articles and of course this forum, before being able to understand the concept and visions on this network.


Title: Re: What Makes Bitcoin Valuable?
Post by: undertheradar47 on July 05, 2019, 08:08:19 PM
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

https://youtu.be/T4ltMvjGO5Y

What do you mean by standard here?
I think what makes Bitcoin valuable is because of the system, namely Blockchain is not directly bitcoin itself. Unfortunately, few people misunderstand this section

The title of the book is 'The Bitcoin Standard'


Title: Re: What Makes Bitcoin Valuable?
Post by: monalia on July 05, 2019, 08:16:12 PM
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

https://youtu.be/T4ltMvjGO5Y

This is good video but if you have share this to beginners and help board. It would be e really helpful for many newbies whoever wish to learn more things about Bitcoin and blockchain technology.
Piquancy meaning investor it doesn't have knowledge but have interest on investing on cryptocurrencies. Stay understood everything they could do something for society as well as for their business too.


Title: Re: What Makes Bitcoin Valuable?
Post by: BeManga on July 05, 2019, 08:28:52 PM
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

https://youtu.be/T4ltMvjGO5Y
reading books and watching video is really needed to learn the true vale of bitcoin and the one who make bitcoin valuable is those people that keep buying and holding it after learning the true value of it.


Title: Re: What Makes Bitcoin Valuable?
Post by: sandra_x on July 05, 2019, 08:57:12 PM
Kind of a good summary for bitcoin without going into too much of the technical details. Similar to the Evolution of money by Neha Narula.
"Bitcoin is sound money, it is salable across time, scale, space and is censorship resistant".


Title: Re: What Makes Bitcoin Valuable?
Post by: undertheradar47 on July 05, 2019, 08:59:58 PM
Kind of a good summary for bitcoin without going into too much of the technical details. Similar to the Evolution of money by Neha Narula.
"Bitcoin is sound money, it is salable across time, scale, space and is censorship resistant".

The book did such a good job of laying out these properties and why they're important. The quote you highlighted is exactly what I use to teach newcomers asking about Bitcoin.


Title: Re: What Makes Bitcoin Valuable?
Post by: Payme21 on July 05, 2019, 09:58:30 PM
SPECULATION SPECULATION SPECULATION!! Speculation is what drives bitcoin's price as there are a good number of more valuable crypto with lower values


Title: Re: What Makes Bitcoin Valuable?
Post by: Astvile on July 05, 2019, 10:05:46 PM
I have not read any books about bitcoin or crypto, but it did not prevent me from trading and understanding how it works
Yes it doesnt prevent you from trading and understanding but somehow you lack small infos where those infos can be get by reading books and watching articles,books are not worthless they contribute to our knowledge towards a thing


Title: Re: What Makes Bitcoin Valuable?
Post by: Oilacris on July 05, 2019, 10:20:48 PM
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

https://youtu.be/T4ltMvjGO5Y
I haven't read any books related to Bitcoin yet I do already get the on point purpose on just reading up its Whitepaper on the

first day,it may not be on technical aspects but you can fully understand and get the right idea on what makes BTC as a valuable thing.


Title: Re: What Makes Bitcoin Valuable?
Post by: vintages on July 05, 2019, 10:38:51 PM
I don't need to read a book to tell me how important Bitcoin is, for now or in the future.
Bitcoin has shown and has proven to be a financial advocate but for people of the Middle, higher and lower class.
The most important part of it is that it is and will be the future currency.


Title: Re: What Makes Bitcoin Valuable?
Post by: RomanPetrush on July 05, 2019, 10:52:42 PM
Bitcoin makes valuable anonymity. Bad guys who own something that is not legal, completely support bitcoin, because it's hard to see where transactions are going to.


Title: Re: What Makes Bitcoin Valuable?
Post by: iamzill on July 05, 2019, 10:57:06 PM
price and total supply? maybe you can pay attention now. both are very influential and maybe now both will continue to determine how valuable bitcoin is in cryptocurrency


Title: Re: What Makes Bitcoin Valuable?
Post by: Dreamchaser21 on July 05, 2019, 10:59:38 PM
I have not read any books about bitcoin or crypto, but it did not prevent me from trading and understanding how it works

I felt the same way before I read the book. Now I know how wrong I was.
We can really trade without knowing the full story of cryptocurrency, its a choice if you really want to know more and understand its origin the you can do a lot of studies. I do read books before and they are just theories but because of that i’ve learn a lot so somehow its worth it.


Title: Re: What Makes Bitcoin Valuable?
Post by: muratsink on July 05, 2019, 11:02:28 PM
I don't have a special book to read tutorials about the concept of Bitcoin.  but I only read from every article about blockchain.  I don't study doctrine, but I have a bitcoin community that can help me learn trading, investment and how to avoid bearish.


Title: Re: What Makes Bitcoin Valuable?
Post by: airdropan on July 06, 2019, 01:28:21 AM
Valueable? i think because the total supply of bitcoin only 21 M and almost hit 18 M right now (only 3 million left) Just wondering what happend when the total supply circulation hit 21 M. And high demand make it more valueable. Also bitcoin utility for the future will make the price get higher than now.


Title: Re: What Makes Bitcoin Valuable?
Post by: Janation on July 06, 2019, 02:04:31 AM
Thanks for the book recommendation.

I will be checking some malls close to our place that might have that book. I am not a bookworm but I think I can read this while I am having some free times or breaks. It can also be my sleeping companion.


Title: Re: What Makes Bitcoin Valuable?
Post by: undertheradar47 on July 06, 2019, 02:10:01 AM
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

https://youtu.be/T4ltMvjGO5Y
I haven't read any books related to Bitcoin yet I do already get the on point purpose on just reading up its Whitepaper on the

first day,it may not be on technical aspects but you can fully understand and get the right idea on what makes BTC as a valuable thing.

Understanding the fundamental properties that make money valuable is not just to help improve your understanding of Bitcoin.
It will also help you avoid all the useless shitcoins out there. More of them will pop up over time, and it's helpful to know whether or not they're actually worth anything.


Title: Re: What Makes Bitcoin Valuable?
Post by: Fundamentals Of on July 06, 2019, 02:29:13 AM
I am not sure if a lot of people here, including those who really want to learn more about Bitcoin, is eager enough to read a book to know Bitcoin more. Most probably, they would just choose the most convenient way. The internet is full of articles explaining point by point what bitcoin is. There are also lots of videos about it. They might just choose to watch a video rather than read a book. It keeps them from sleeping.


Title: Re: What Makes Bitcoin Valuable?
Post by: LogitechMouse on July 06, 2019, 02:34:01 AM
Speculation is the main reason why Bitcoin has value right now.

Aside from the news who greatly affects the price of Bitcoin, investors who are speculating its price help too to make it valuable. If the investors know that it will rise then they will buy and vice versa.


Title: Re: What Makes Bitcoin Valuable?
Post by: Eraldo Coil on July 06, 2019, 05:47:55 AM
Are the information you found on this book cannot be found else where on the internet? And is the information here are just speculation?


Title: Re: What Makes Bitcoin Valuable?
Post by: undertheradar47 on July 06, 2019, 12:28:49 PM
Are the information you found on this book cannot be found else where on the internet? And is the information here are just speculation?

The information found in the book summarizes the thinking in the Austrian school of economics, it's the foundational book for understanding why money has value, pulling on hundreds of years of economic theory.


Title: Re: What Makes Bitcoin Valuable?
Post by: xamxam on July 06, 2019, 01:10:12 PM
Bitcoin in my own understanding was a decentralized based system, on which is the reason most of the government by each country hate and opposing it not to regulate also. And Bitcoin also was very useful in terms of sending money thru remittances in any place of the world then can also be use for payment online and others merchants accepted it as mode of payment to their business too.


Title: Re: What Makes Bitcoin Valuable?
Post by: Dontme on July 06, 2019, 01:36:24 PM
I have not read any books about bitcoin or crypto, but it did not prevent me from trading and understanding how it works
Me too, I never read any books about crypto or bitcoin and only getting knowledge and ideas about it on bitcointalk. I don`t have time to read, I just ride with the flow and make money.


Title: Re: What Makes Bitcoin Valuable?
Post by: undertheradar47 on July 06, 2019, 04:34:23 PM
I have not read any books about bitcoin or crypto, but it did not prevent me from trading and understanding how it works
Me too, I never read any books about crypto or bitcoin and only getting knowledge and ideas about it on bitcointalk. I don`t have time to read, I just ride with the flow and make money.

"riding with the flow" is a surefire way to never make money


Title: Re: What Makes Bitcoin Valuable?
Post by: Vaskiy on July 06, 2019, 04:53:56 PM
Everyone are good in reading books, I personally understand when someone explains to me. Whether it is bitcoin or something else, further when I go through articles it'll give a better understanding. There isn't specific book that gives perfect data relative to bitcoin. These days our forum and news sources were the one that gives more info about the bitcoin and other events happening around.

The value of bitcoin is derived out of the technology as well the decentralized functioning with the limitation on the supply.


Title: Re: What Makes Bitcoin Valuable?
Post by: Vinalians on July 06, 2019, 05:31:07 PM
Yup, I agree in the statement. Some people just use bitcoin because of the value and they don't even understand what makes the value of bitcoin right. So they are just ended up knows nothing about it. Bitcoin is decentralized so there is no government that can manipulate the value, people who invest are the one who's in control of the price/value.
Supply and demand like in the real world is also applied in bitcoin and that's what makes Bitcoin Valuable. Decentralization and Security.


Title: Re: What Makes Bitcoin Valuable?
Post by: diazepam666 on July 06, 2019, 05:49:23 PM
I have not read any books about bitcoin or crypto, but it did not prevent me from trading and understanding how it works
Me too, I never read any books about crypto or bitcoin and only getting knowledge and ideas about it on bitcointalk. I don`t have time to read, I just ride with the flow and make money.

Reading book kind of things will not helpful for any investor or any crypto service people to survive in the crypto industry. if anyone ask me who makes Bitcoin valuable means I will say we as a crypto community users onely boosting up Bitcoin price up as well as down. However this video is very good for people who wish to learn about it.


Title: Re: What Makes Bitcoin Valuable?
Post by: xSkylarx on July 07, 2019, 07:04:59 AM
Imo bitcoin's value is what it makes valuable. People see an opportunity to earn from bitcoin so they invest on it. If bitcoin has low value today I'm sure it won't be popular. If it has no use on the future technology no institutions will acknowledge it. People will find other where they can benefit to it,


Title: Re: What Makes Bitcoin Valuable?
Post by: smartbitcoininvestor on July 07, 2019, 07:19:08 AM
Bitcoin is the first crypto asset backed by the blockchain. Bitcoin is valuable thanks to the number of users that have it and the number of banks and services which carry it.

Exchanges like Paxful which has low or no fees (https://www.smartbitcoininvestments.com/paxful-review/) makes it extremely simple to buy and sell bitcoin for over 300 other payment methods.


Title: Re: What Makes Bitcoin Valuable?
Post by: bright4mech on July 07, 2019, 08:39:12 AM
Bitcoin has value, based on his potential and what it worth, Since ever i have been in the other business apart from cryptocurrency, i have not seen any industrial that face a big challenges and still come out from it, But Bitcoin are still conquer the challenges and have more values in future.


Title: Re: What Makes Bitcoin Valuable?
Post by: Kakmakr on July 07, 2019, 09:16:11 AM
A book that I really enjoyed was Digital Gold : The Untold story of Bitcoin by Nathanel Popper. It is books like this that open people's eyes to the potential of this technology and how people are screwed by the Fiat system.

The true value in Bitcoin is summed up into one word, FREEDOM and once you get a taste of that FREEDOM, you just want more and more. The rabbit hole is in front of your eyes and books like this shows you the way to the entrance.  ;)


Title: Re: What Makes Bitcoin Valuable?
Post by: sixtyonefourfive on July 07, 2019, 09:17:45 AM
That value comes from the lack of it, simply as that...supply and demand


Title: Re: What Makes Bitcoin Valuable?
Post by: AndreuSmetanin on July 07, 2019, 09:21:55 AM
A book that I really enjoyed was Digital Gold : The Untold story of Bitcoin by Nathanel Popper. It is books like this that open people's eyes to the potential of this technology and how people are screwed by the Fiat system.

The true value in Bitcoin is summed up into one word, FREEDOM and once you get a taste of that FREEDOM, you just want more and more. The rabbit hole is in front of your eyes and books like this shows you the way to the entrance.  ;)
Freedom?Bitcoin has not brought to the world not some freedom,but rather forced many people to make extra actions every day that could not do ,I will not list them and you know them yourself.


Title: Re: What Makes Bitcoin Valuable?
Post by: Janation on July 07, 2019, 10:03:53 AM
Imo bitcoin's value is what it makes valuable. People see an opportunity to earn from bitcoin so they invest on it. If bitcoin has low value today I'm sure it won't be popular. If it has no use on the future technology no institutions will acknowledge it. People will find other where they can benefit to it,

Bitcoin's value? It has no value.

We all know that Bitcoin is so expensive so why do I say that it has no value, what I am saying is the intrinsic value of Btc. It has no Intrinsic value that is the reason is you strip the price of USD to BTC, it will have no other value. I think what you mean is the price of it. The price makes it attract other investors, they always want to ride with the hype.


Title: Re: What Makes Bitcoin Valuable?
Post by: xvids on July 07, 2019, 10:12:20 AM
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

https://youtu.be/T4ltMvjGO5Y

You can find answers of your question in its features!
Bitcoin is limited and will be only 21 million. So if you compare any FIAT money with it. I think you can understand. Supply-Demand!
Bitcoin is decentralized. So no one increase or decrease total supply. And no one control it!
Bitcoin is transparent. (This is the feature of blockchain actually but valid for BTC.) You can track all transaction easily with blocks.

And BTC has a great community support. All world be aware it potential now.
Yes it is valuable because of us ,
Because we put so much demand for this crypto because we trust it so much and we believe in it.
Because it gives us freedom and anonymity and the supply is limited so the demand would continue to grow.


Title: Re: What Makes Bitcoin Valuable?
Post by: creeps on July 07, 2019, 10:22:37 AM
Are the information you found on this book cannot be found else where on the internet? And is the information here are just speculation?
I’m pretty sure you can also find that on other sources, they just have different perception and way of teaching but the whole concept will be almost the same. Bitcoin becomes valuable as the demand increases and as many companies adopt the technology, the future developments will be the reason of expensive bitcoin in the future.


Title: Re: What Makes Bitcoin Valuable?
Post by: buwaytress on July 07, 2019, 10:47:48 AM
A book that I really enjoyed was Digital Gold : The Untold story of Bitcoin by Nathanel Popper. It is books like this that open people's eyes to the potential of this technology and how people are screwed by the Fiat system.

The true value in Bitcoin is summed up into one word, FREEDOM and once you get a taste of that FREEDOM, you just want more and more. The rabbit hole is in front of your eyes and books like this shows you the way to the entrance.  ;)

I don't disagree with much of what guys like Popper say, but I kind of find the idea of digital gold slightly askew from the other concepts of freedom. My case in point is how most of the vocal whales and active investors really actually haven't freed themselves from fiat and continue in fact to play in the system willingly and deliberately, if not even help that system perpetuate.

Not knocking them at all. Theirs is also the freedom to use Bitcoin as they see fit but yeah, I get the idea the ones who really use and progress it seldom see it as gold/investment or whatever. Maybe I'm being naive though, eh?


Title: Re: What Makes Bitcoin Valuable?
Post by: xWolfx on July 07, 2019, 11:07:23 AM

Bitcoin's value? It has no value.

We all know that Bitcoin is so expensive so why do I say that it has no value, what I am saying is the intrinsic value of Btc. It has no Intrinsic value that is the reason is you strip the price of USD to BTC, it will have no other value. I think what you mean is the price of it. The price makes it attract other investors, they always want to ride with the hype.

Exactly, that is just how money works this days and possibly how it will work in the future.

The Venezuelan dictatorship trying to make a coin where they can cheat(Of course) backed by the oil reserves of the country. That is not a viable coin/currency for the future or mankind at all.

You have to understand the implications in the really big picture to understand why the intrinsic value in money is not viable considering the rapid rate at which humanity's population is increasing.

Even in the gold business they don't deliver only gold, but papers saying that when they mine that gold, it's yours.


Title: Re: What Makes Bitcoin Valuable?
Post by: Nellayar on July 07, 2019, 11:44:33 AM
Speculation is the main reason why Bitcoin has value right now.

Aside from the news who greatly affects the price of Bitcoin, investors who are speculating its price help too to make it valuable. If the investors know that it will rise then they will buy and vice versa.
I don't think so! Speculation will just help bitcoin to move up. But I don't think it is the main reason why bitcoin is valuable. The primary reason why bitcoin gets value is that people buy it. No other reason than the power of the people. If many traders put their hand in bitcoin, definitely it goes up. Speculating the price is just a tool that serves to surge the bitcoin.


Title: Re: What Makes Bitcoin Valuable?
Post by: fiulpro on July 07, 2019, 12:27:05 PM
I think what makes Bitcoins valuable is actually
       *Demand and Supply*

Anything that gets out in the market does have value which justifies it's building till now , what the makers have invested in it , what they have given to the team which actually did the coding and the upstream processing. This is how it's value was given and with time since the demand increased and the supply was limited the price rose over time .
Mining only adds a few in a limited time , thus it's not something that is unlimited.


Title: Re: What Makes Bitcoin Valuable?
Post by: undertheradar47 on July 08, 2019, 03:41:55 AM
Speculation is the main reason why Bitcoin has value right now.

Aside from the news who greatly affects the price of Bitcoin, investors who are speculating its price help too to make it valuable. If the investors know that it will rise then they will buy and vice versa.
I don't think so! Speculation will just help bitcoin to move up. But I don't think it is the main reason why bitcoin is valuable. The primary reason why bitcoin gets value is that people buy it. No other reason than the power of the people. If many traders put their hand in bitcoin, definitely it goes up. Speculating the price is just a tool that serves to surge the bitcoin.

I agree with you here. The 'speculation drives prices' narrative really needs to die out. People speculate on all sorts of things, but Bitcoin still continues to grow in value (over the long term). Speculation doesn't grow consistently over 10 years. Speculation is a pump and dump game. Bitcoin is about sound money.


Title: Re: What Makes Bitcoin Valuable?
Post by: beatzcoin123 on July 08, 2019, 04:08:26 AM
i think what makes bitcoin valuable is the demand, if the demand is there then the value of bitcoin will certainly increase.


Title: Re: What Makes Bitcoin Valuable?
Post by: Dapper on July 08, 2019, 05:16:54 AM
The market.   The same reason why advocados and BMWs have particular market prices as well.


Title: Re: What Makes Bitcoin Valuable?
Post by: Chikito on July 08, 2019, 08:00:23 AM
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.
No standard here to make bitcoin valuable like money.
Same, money only paper who anyone can replace it like original fiat, so why money have valuable?, because they have background by goverment as said money as orginal with sign by otority goverment security.
Bitcoin have valuable because everyone believed, all transcation writed and value has came like basicaly economy knowledge as suply and demand


Title: Re: What Makes Bitcoin Valuable?
Post by: Carys0398 on July 08, 2019, 08:08:16 AM
Its the demand that makes the bitcoin valuable.If there is alot of demand and the supply is not enough it will automatically increase its value.


Title: Re: What Makes Bitcoin Valuable?
Post by: antisocial77 on July 08, 2019, 02:41:44 PM
When people use bitcoin for fast and cheap trade and when its become usual, that makes bitcoin valuable.


Title: Re: What Makes Bitcoin Valuable?
Post by: Bitcoinqubit on July 08, 2019, 02:55:23 PM
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

https://youtu.be/T4ltMvjGO5Y

most of the bitcoinvalue come from this factor its peer to peer which mean any middle man like governments/banks/paypla and other bunch is out the chain,,,,from A direct to B and visa verse

+

its store of value like gold and diamonds yet its much more good because its  also cash in the same time compare to gold and diamonds which muct be convereted to some value(cash) that accepeted everywhere so you can buy brands,clothes,cars,houses.

the prices of crypto only go up the which is good becaue the prices in super markest and other shit like houses slowly go up


Title: Re: What Makes Bitcoin Valuable?
Post by: BTCCoaster on July 08, 2019, 03:19:17 PM
It's simple supply and demand


Title: Re: What Makes Bitcoin Valuable?
Post by: undertheradar47 on July 11, 2019, 10:04:55 PM
Imo bitcoin's value is what it makes valuable. People see an opportunity to earn from bitcoin so they invest on it. If bitcoin has low value today I'm sure it won't be popular. If it has no use on the future technology no institutions will acknowledge it. People will find other where they can benefit to it,

Bitcoin's value? It has no value.

We all know that Bitcoin is so expensive so why do I say that it has no value, what I am saying is the intrinsic value of Btc. It has no Intrinsic value that is the reason is you strip the price of USD to BTC, it will have no other value. I think what you mean is the price of it. The price makes it attract other investors, they always want to ride with the hype.

of course it has value. The intrinsic value comes from the four properties mentioned in this video... https://youtu.be/T4ltMvjGO5Y


Title: Re: What Makes Bitcoin Valuable?
Post by: Pyr3x on July 14, 2019, 07:53:55 AM
Supply and demand, that's what makes the price. The value of bitcoin is that people want to buy it. In addition, there is a limited number of bitcoins. 21 million coins and not a coin anymore


Title: Re: What Makes Bitcoin Valuable?
Post by: slashz9 on July 14, 2019, 09:52:39 AM
the same as what money makes money worth?
if we consider it worthless it is just a collection of useless paper and coins, just like bitcoin because we consider it valuable, so it becomes valuable if not it is the same as useless digital.
sommeone has said understanding of value, but I forget his name  ;D


Title: Re: What Makes Bitcoin Valuable?
Post by: Daniel91 on July 14, 2019, 10:00:33 AM
Answer is very simple, market.
If you have market where you can sell or buy something, than what you have has some value, based on supply and demand.
If you can't sell it than what you have is not worth it.


Title: Re: What Makes Bitcoin Valuable?
Post by: Tahsin Kabir Kollol on July 15, 2019, 05:01:34 AM
Bitcoin is the most valuable cryptocurrency in the present situation. But Bitcoin started its journey at a very low price. There are many positives influence that make bitcoin valuable. Because of bitcoin features, It becomes valuable among the people. Bitcoin is modern technology and it has a fast and secure transaction system. People can use it easily and because of limation of supply, Bitcoin has always huge demand that makes bitcoin more valuable every day.


Title: Re: What Makes Bitcoin Valuable?
Post by: Naughty Princess on July 15, 2019, 07:56:36 AM
Supply and demand, that's what makes the price. The value of bitcoin is that people want to buy it. In addition, there is a limited number of bitcoins. 21 million coins and not a coin anymore
I agree. That because bitcoin become an asset that anyone want to hold. Bitcoin is valuable because everyone is chasing and earning it eagerly as they use it for fast transaction wherever the world. Limited supply in the market and more investors make bitcoin circulates and change the value all the time.


Title: Re: What Makes Bitcoin Valuable?
Post by: Polo7 on July 15, 2019, 03:53:23 PM
Bitcoin most valueble aspect is privacy.

We know that Bitcoin will go to 100k.

From there it will disapere for Ever many investors will be bag holders.
Btc has no real use and no real value.


Many btc scammers investment scammers, dark web creators most of them are fake ones...
They not even bring you the real hacking Service or other type of dark products or services!!

And many scam online casinos they now have a lot coins... They are looking place dump their coins for money.



And i think we all are educated enough to know Where they gona dump their coins.... Its gona be nasty dumping.
Donald Trump has role in this game too...

2020 will be a lot cryptocurreny billionaires for sure!!



Title: Re: What Makes Bitcoin Valuable?
Post by: imking on July 15, 2019, 05:17:37 PM
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

Bitcoin is valuable because of the limited stocks, decentralized, potential, transparency, acceptance, and many more. It is limited to an estimated 21 million. Decentralized, so that is open to all and away from a single administrative. Potential to become and develop in the future because it is the pioneer of cryptocurrency. Transparency you can always check that transaction in the blockchain and acceptance when the acceptance of bitcoin increase and many companies are willing to accept bitcoin is made bitcoin much valuable.


Title: Re: What Makes Bitcoin Valuable?
Post by: DPrillio on July 15, 2019, 11:24:43 PM
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

Bitcoin is valuable because of the limited stocks, decentralized, potential, transparency, acceptance, and many more. It is limited to an estimated 21 million. Decentralized, so that is open to all and away from a single administrative. Potential to become and develop in the future because it is the pioneer of cryptocurrency. Transparency you can always check that transaction in the blockchain and acceptance when the acceptance of bitcoin increase and many companies are willing to accept bitcoin is made bitcoin much valuable.
Yes, that is what makes bitcoin valuable. We are now in a digital world and bitcoin can be consider as digital money or virtual money like fiat can do in digital transaction and because it has a define circulating supply in the crypto market then its availability factors makes it valuable.


Title: Re: What Makes Bitcoin Valuable?
Post by: blue_nexus15 on July 16, 2019, 09:53:46 AM
The value of bitcoin goes hand in hand with the efficiency of blockchain technology - the most advanced, efficient and secure today. It gives an infinite freedom to the people. And in part, the organic need for bitcoin from human goals and intelligence also has the effect of boosting bitcoin prices.


Title: Re: What Makes Bitcoin Valuable?
Post by: gangem07 on July 17, 2019, 12:59:37 AM
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

https://youtu.be/T4ltMvjGO5Y
It will helps people who are interested in bitcoin.Bitcoin is more valuable in terms of payments and daily transactions in internet and because its decentralized it could be consider as our digital money.Bitcoin can be valuable everyday  that makes a huge demand in the market.


Title: Re: What Makes Bitcoin Valuable?
Post by: Artemis3 on July 17, 2019, 01:45:53 AM
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

I'd rather read a book than watch a video about a book. Where is the book? Do you have a link to the .epub of it? If author allows, of course.


Title: Re: What Makes Bitcoin Valuable?
Post by: Moiyah on July 17, 2019, 02:09:40 AM
I have not read any books about bitcoin or crypto, but it did not prevent me from trading and understanding how it works

Me neither. I haven't read such books about bitcoin but I am willing and eager to read one in the future. I am fond of reading books, if there is available time I will purchase one. However, for me, bitcoin is valuable in a sense that it is considered as a digital asset, an investment. And has a high value that majority of the crypto users compare it to gold.


Title: Re: What Makes Bitcoin Valuable?
Post by: Polo7 on July 17, 2019, 08:43:13 AM
The Fiat currency and quantitive tightening is main reason the btc price is low now!!


Once the USA, eu and au will do QE the price of btc will be fine Again!!



Theter minting was behind so called recent bull run it was bull trap!!


Im waiting now if the FED WILL realest QE then btc is Good Again.


Title: Re: What Makes Bitcoin Valuable?
Post by: RealMalatesta on August 15, 2019, 06:28:12 AM
Anonymity, decentralization, and also first bitcoin.
Aside its anonymity, and decentralization, bitcoin becomes a valuable coin because it has limited supply and unlike money they keep printing and using to s corruption tool, bitcoin will be had to practice corruption on it, which means it usage may actually be the solution to thee corruptions in our government that is always tying to money.

bitcoin has also given so many people trade freedom, especially those who has been finding it difficult to make payment across the border, now they can easily transact their business without having to get worried if their payment will be delayed, payment denied or have over high fee which usually lead to high cost of products when it eventually lands their country, so bitcoin has really been more of great blessings to people.


Title: Re: What Makes Bitcoin Valuable?
Post by: Polo7 on August 15, 2019, 06:45:20 AM
Btc and Gold has no real value!!


You take them out of exchangers you dissconnect them with exchanger system they will have Zero value.





Money has value 20dollar bill is 20 dollar bill. 

Without Money the Gold and btc has no value any way.


Centralised... Makes no value!! 
Gold and Bitcoin is pure speculation.


Bitcoin is Vehicle to move fiat currency but btc Can't be never currency.



To Say that BTC and GOLD is a asset its even nonsense the real asset is real estate and Land.

And Please stop talking this nonsense like de-centralised Banks will never allowe this to happend the kyc is everywhere now privacy???  What kind of privacy??  There is non



Privacy is Only for big Bitcoin traders through OTC 
For average guy they watch if u are not tax invader.



So people stop the bs. 
Get into Reality!!!


Title: Re: What Makes Bitcoin Valuable?
Post by: Polo7 on August 15, 2019, 07:59:21 AM
Firstly, its limited quantity. Secondly, it is decentralized and anonymous. And in the third, the fact that this coin opened the doors to the world of cryptocurrencies for us. He will always remain dear and best. Another reason is because it is very difficult to mine.


Non of these factors not give value! 
Fiat currency has Only the real value.
Buying stocks, gold or BTC you might just want to through your Money into fire. 

You buy them... When market is crashing the goal is to make Money not to hold and becoming bag holder! 

Both gold and btc are just with speculated value.


Title: Re: What Makes Bitcoin Valuable?
Post by: Bitcoin Seller on August 16, 2019, 08:33:44 PM
Anonymity, decentralization, and also first bitcoin.

Bitcoin is creating value for both earlier investors and new ones, providing a bunch of the coolest opportunities to use cryptocurrency, the amount of which, moreover, is limited. This is not a hoax or theft, but simply the good old law of supply and demand in action, or in other words, the ancient economic principle, but working with a modern monetary system.


Title: Re: What Makes Bitcoin Valuable?
Post by: Artemis3 on August 22, 2019, 01:34:56 AM
Bitcoin is valuable because it cannot be shutdown, why is it that some people still miss this key important part?
And yes, its deflationary with a limited production in code to 21 million with production slowing down to a crawl for years and decades until the last one comes over the course of the next century.


Title: Re: What Makes Bitcoin Valuable?
Post by: shoreno on August 22, 2019, 05:09:36 AM
Bitcoin is valuable because it cannot be shutdown,
Huh ?  But thats not enough reason to become valueable  . btc is still valueable even if t can be shutdown and there are also things that are not valueable even if they cant be shutdown .

-snip-
Less supply isnt also enough to make bitcoin valueable because i see many coins that have a limited supply but arent really indemand or not yet recognized by most crypto users and there are those that many to unli supply that is popular and seem to be more promising .


Title: Re: What Makes Bitcoin Valuable?
Post by: Polo7 on August 22, 2019, 05:21:43 AM
Btc have value the value Coming from exchanger the buy and sell orders making value.

If we dissconnect bitcoins out of exchangers the btc Will have Zero value!


The value Can be Zero and infinity but If its Not connected with exchanger we Can't see the price!
Markets dictating the price.


Bitcoin value is Zero and infinity the Quest ion is how we Can meassure that value correctly!!!



That's most correct answer for sure!



Title: Re: What Makes Bitcoin Valuable?
Post by: matchi2011 on August 22, 2019, 06:28:36 AM
The value of any asset or cryptocurrency is determined by its supply and demand level on the market. With a constant supply of an asset like BTC, a rise in its demand always result in rise in its price hence an increase in value.
More new invested money more valuable bitcoin can be, when investors start to keep buying and holding then the market will be realized that its gaining higher valuations, it's following the supply and demand features though there's some differences in regards to how investors show their supports and buy
their assets, your own understanding will bring you the understanding to buy in and invest around.


Title: Re: What Makes Bitcoin Valuable?
Post by: leea-1334 on August 22, 2019, 07:00:03 AM
Firstly, its limited quantity. Secondly, it is decentralized and anonymous. And in the third, the fact that this coin opened the doors to the world of cryptocurrencies for us. He will always remain dear and best. Another reason is because it is very difficult to mine.

Man, you have not been listening very well to Bitcoin at all. Every developer even knows this and Bitcoin is only pseudo anonymous. If you want proof, just read the news yesterday about Tether and Bitfinex, all their funds being blocked by the US government and they were a Bitcoin exchange companies.

If you buy and sell Bitcoin, you still need banks. So it does not keep you anonymous.


Title: Re: What Makes Bitcoin Valuable?
Post by: matt7 on August 22, 2019, 10:38:40 AM
Firstly, its limited quantity. Secondly, it is decentralized and anonymous. And in the third, the fact that this coin opened the doors to the world of cryptocurrencies for us. He will always remain dear and best. Another reason is because it is very difficult to mine.

Man, you have not been listening very well to Bitcoin at all. Every developer even knows this and Bitcoin is only pseudo anonymous. If you want proof, just read the news yesterday about Tether and Bitfinex, all their funds being blocked by the US government and they were a Bitcoin exchange companies.

If you buy and sell Bitcoin, you still need banks. So it does not keep you anonymous.
In my opinion, ypu cannot be completely anonymous in today's world. Really. Not on the internet, never. So, it doesn't matter what we do, we are not anonymous when we use any of electronic devices.

yeah, even if it was possible to be anonymous, it wouldn't be safe. it is good to be verified while investing, especially when you use reliable and trustworthy cryptocurrency exchange, there is nothing to worry about, that they have got your data


Title: Re: What Makes Bitcoin Valuable?
Post by: iMark on August 22, 2019, 12:10:18 PM
Firstly, its limited quantity. Secondly, it is decentralized and anonymous. And in the third, the fact that this coin opened the doors to the world of cryptocurrencies for us. He will always remain dear and best. Another reason is because it is very difficult to mine.

Man, you have not been listening very well to Bitcoin at all. Every developer even knows this and Bitcoin is only pseudo anonymous. If you want proof, just read the news yesterday about Tether and Bitfinex, all their funds being blocked by the US government and they were a Bitcoin exchange companies.

If you buy and sell Bitcoin, you still need banks. So it does not keep you anonymous.
In my opinion, ypu cannot be completely anonymous in today's world. Really. Not on the internet, never. So, it doesn't matter what we do, we are not anonymous when we use any of electronic devices.
Especially with KYC being implemented in many startups and investment sites on the internet. many crypto investments use this method, thereby reducing the anonymity of crypto. but I believe that the anonymity in crypto still exists in some parts. if you have never touched KYC then your identity is safe


Title: Re: What Makes Bitcoin Valuable?
Post by: Alert31 on August 22, 2019, 02:00:19 PM
What makes bitcoin valuable? There are few things that makes it valuable; First, because bitcoin supply is limited with greater demand which is all over the world unlike fiat money that every country has their own currency with unlimited supply. Second,bitcoin is Decentralized and most people like a decentralized form of money or asset which is not issued and controlled by the government. Third,the demand of bitcoin is greater while the supply is more lesser. Fourth, you can earn much bigger profit in bitcoin than  investing to other projects not related to bitcoin or cryptocurrency.


Title: Re: What Makes Bitcoin Valuable?
Post by: Mpamaegbu on August 22, 2019, 03:36:25 PM
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

https://youtu.be/T4ltMvjGO5Y

You can find answers of your question in its features!
Bitcoin is limited and will be only 21 million. So if you compare any FIAT money with it. I think you can understand. Supply-Demand!
Bitcoin is decentralized. So no one increase or decrease total supply. And no one control it!
Bitcoin is transparent. (This is the feature of blockchain actually but valid for BTC.) You can track all transaction easily with blocks.

And BTC has a great community support. All world be aware it potential now.
The overall thing that makes Bitcoin (or any item/services) valuable is DEMAND. Let's not forget that Bitcoin didn't become valuable overnight because of its limited 21million supply. No! It didn't happen that way. Otherwise from the beginning of its creation it wouldn't have been sold at less than $1 or the Pizza dude wouldn't have given out his 10,000btc just to eat 2pizzas. So, this goes beyond total supply or decentralization. It's the community demand that keeps price of Bitcoin up.


Title: Re: What Makes Bitcoin Valuable?
Post by: Polo7 on August 24, 2019, 01:26:29 PM
Limited supply is not what makes BTC valueble.

Price manipulation @ exchangers number one reason.



Title: Re: What Makes Bitcoin Valuable?
Post by: barbara44 on August 25, 2019, 03:40:00 PM
Since bitcoin is all about investing, store up your assets and make profit. What's it to read and understand about. Understanding bitcoin is very easy as Abc, no much stress
That Is just based on your own understand mate, that is what you chose bitcoin to be to you but bitcoin is much more than just those features that you mentioned, those features are just additional benefits of bitcoin to us when we use it, but the main purpose for which bitcoin was established is juts to basically help us solve the payment challenge that many of us has been experiencing as a result of the cumbersome government policy that is governing our financial institutions.

So, you have to please look deep beyond that, this is one of the reason why bitcoin has not grown more than this, because we are not making it as utility, we just use it for store of value alone, meanwhile, we are meant to be using it as utility so that demand can be coming often.


Title: Re: What Makes Bitcoin Valuable?
Post by: FlightyPouch on August 25, 2019, 03:55:44 PM
yeah, even if it was possible to be anonymous, it wouldn't be safe. it is good to be verified while investing, especially when you use reliable and trustworthy cryptocurrency exchange, there is nothing to worry about, that they have got your data

You still need to worry since they got your data, how is not that worrying? But this is not what Bitcoin made valuable, the reason here is that Bitcoin is the first crypto currency, the most expensive and with a lot of users and its volatility, obviously a lot of people would risk their money to invest on it.


Title: Re: What Makes Bitcoin Valuable?
Post by: dimastegar on August 26, 2019, 12:28:09 AM
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

https://youtu.be/T4ltMvjGO5Y
After seeing the video I can draw conclusions. Bitcoin can be valuable because of the utility function. And one of the biggest functions of Bitcoin is to transact. With the current price of Bitcoin, we can trade large amounts with only a few Bitcoins. Of course, with a simple process and a short time.


Title: Re: What Makes Bitcoin Valuable?
Post by: akeda on August 26, 2019, 01:05:47 AM
At first, people don't suspect that Bitcoin can be a very valuable coin. With the passage of time Bitcoin was able to attract many investors and culminated in 2017. That year the Bitcoin price was very high and many people became wealthy. After that Bitcoin is very popular and nowadays Bitcoin is still a popular coin.

People can make profits quickly and in a matter of minutes. Crypto trading currently in my country has a very large community. So Bitcoin is invaluable and still a force of dance people to invest in crypto.


Title: Re: What Makes Bitcoin Valuable?
Post by: bryant.coleman on August 26, 2019, 01:34:10 AM
In my opinion, ypu cannot be completely anonymous in today's world. Really. Not on the internet, never. So, it doesn't matter what we do, we are not anonymous when we use any of electronic devices.

I don't agree with you. It is possible to remain anonymous, but there is always a risk of someone tracing your identity through hacks or other methods. For example, you can use a VPN to hide your IP. Here the risk is that the VPN provider can double-cross you and provide your original IP to the authorities (although such incidents are very very rare).

Bitcoin to Bitcoin transactions can offer you a great deal of anonymity. Satoshi Nakamoto designed Bitcoin in such a way, as to provide the maximum amount of anonymity to the users. But the problem occurs when you convert your Bitcoins to fiat. Almost all of the exchanges now are KYC enabled, and the authorities are trying to closed down the DEX sites. A single such transaction in your wallet can enable the authorities to trace your identity.


Title: Re: What Makes Bitcoin Valuable?
Post by: Daniel91 on August 26, 2019, 12:38:55 PM
I can answer why bitcoin is valuable for me.
With bitcoin I made first real profit online after many years of trying.
With bitcoin I finally have hope to retire soon and quit my job :)
I can buy different things in my country, or pay for different services, like barbershop, rent apartments etc.
Recently, even Croatian post offce offering crypto exchange:
https://bitcointalk.org/index.php?topic=5168879.0 (https://bitcointalk.org/index.php?topic=5168879.0)
Bitcoin is becoming more and more valuable with each passing day.


Title: Re: What Makes Bitcoin Valuable?
Post by: Sexaphiliac on August 26, 2019, 01:03:11 PM
Well what makes a thing(commodity, asset) valuable is scarcity, that is the primary determining factor. Air for example would have been a very valuable neccesity but because it isn't scarce no value is associated with it.

Another important factor would be the demand for it. Demand drives price. So when there is a high demand for bitcoin, since it's already scarce(limited in supply). It's the major factors that affect demand that we should consider: news, development etc that make it valuable.


Title: Re: What Makes Bitcoin Valuable?
Post by: Reatim on August 26, 2019, 01:22:12 PM
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

https://youtu.be/T4ltMvjGO5Y
it takes time to finally learn what really bitcoin is all about because this is technology and not all of us have a great view about this
But reading books and watching movies and documentaries about cryptocurrency and ofcourse bitcoin will add knowledge and teaches us what’s the benefits and the purpose why and how Satoshi created this Virtual currency Bitcoin


Title: Re: What Makes Bitcoin Valuable?
Post by: nightxglow on August 26, 2019, 02:27:37 PM
I never read any book about bitcoin before, but maybe it will be a good material to read if i want to deepen my knowledge in bitcoin and cryptocurrency. Even until now, it's kinda hard for me to really understand bitcoin, the concept, and everything because the blockchain technology is something new for me and i'm not quite familiar with such things. But for me, i think what makes bitcoin valuable is the uniqueness and also the technology, which is not the same with others, and the newness and attractive points of bitcoin makes people interested in it and finally made bitcoin valuable because of many demands, popularity, and such.


Title: Re: What Makes Bitcoin Valuable?
Post by: AlexaaaaMaaay on August 27, 2019, 10:14:09 AM
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

https://youtu.be/T4ltMvjGO5Y

For me, bitcoin is so valuable because of the fact that in 113 countries, bitcoin is unrestricted. This means that there's no governing power that regulates bitcoin. It's free from any control from any entity. It's rare to have a currency not regulated by anyone. This is huge opportunity for anyone who wants to invest in bitcoin. I saw this blog post and really made me rethink the value of bitcoin https://noahcoin.org/blog/statistics-that-make-cryptocurrencies-worth-considering/


Title: Re: What Makes Bitcoin Valuable?
Post by: manok jepang on August 27, 2019, 11:23:50 AM
Bitcoin has limited limitations, unlike Fiat which has unlimited amount and is accepted. This makes the selling price of Bitcoin very expensive. One of the things that makes Bitcoin the center of attention is because Bitcoin is not protected by the government or government. Besides being easy and fast, in Bitcoin transactions there is no limit to the number of Bitcoin that must be sent. Shipping taxes / Bitcoin transactions are also cheaper than bank taxes or other services.


Title: Re: What Makes Bitcoin Valuable?
Post by: SirLancelot on August 27, 2019, 11:45:28 AM
In my opinion, ypu cannot be completely anonymous in today's world. Really. Not on the internet, never. So, it doesn't matter what we do, we are not anonymous when we use any of electronic devices.

I don't agree with you. It is possible to remain anonymous, but there is always a risk of someone tracing your identity through hacks or other methods. For example, you can use a VPN to hide your IP. Here the risk is that the VPN provider can double-cross you and provide your original IP to the authorities (although such incidents are very very rare).

Bitcoin to Bitcoin transactions can offer you a great deal of anonymity. Satoshi Nakamoto designed Bitcoin in such a way, as to provide the maximum amount of anonymity to the users. But the problem occurs when you convert your Bitcoins to fiat. Almost all of the exchanges now are KYC enabled, and the authorities are trying to closed down the DEX sites. A single such transaction in your wallet can enable the authorities to trace your identity.
Based on your first paragraph then, anything that can still be cracked successfully to boycott anonymity is not then anonymous if you look at it from that angle. What is the point of VPN when the VPN providers can see trace our identity, but if it was a decentralized programmed through blockchain technology, even the provider is also blind to the activities of the user, and this is what makes it difficult for them to be able to trace bitcoin transaction.

And you are right, it is only the development of centralized exchanges that is now making bitcoin transaction looks anonymous, but if we were to use dex exchanges along with crypto, then the anonymity of bitcoin transactions will be 100 percent perfect, and this is still one of the greatest value of bitcoin to me, which is why I use dex exchanges more.


Title: Re: What Makes Bitcoin Valuable?
Post by: ansarose1 on August 27, 2019, 12:12:35 PM
In my own perception, bitcoin has the good value because it gives fame or popularity for cryptocurrency to be known around the world. And i also think that it has its good potential value because many invest on it and its trading volume is so incredible that it is the most volume coin in the market.


Title: Re: What Makes Bitcoin Valuable?
Post by: peter0425 on August 27, 2019, 01:21:53 PM
In my own perception, bitcoin has the good value because it gives fame or popularity for cryptocurrency to be known around the world.
Bitcoin symbolizes the cryptocurrency even though it was not the first crypto created ,but I don’t think that’s the only reason why this became  valuable instead the main reason is the advantage on ho this works against Fiat and the availability worldwide (in right time lol )
Quote

And i also think that it has its good potential value because many invest on it and its trading volume is so incredible that it is the most volume coin in the market.
Potential value is indeed but the use of crypto what made them so valuable and I like it when it says to be the next Currency to be used world wide


Title: Re: What Makes Bitcoin Valuable?
Post by: Wonder_woman on August 27, 2019, 09:33:49 PM
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

https://youtu.be/T4ltMvjGO5Y


Bitcoin makes valuable because of its price is so expensive compared to any tokens. It is really interesting because of its price. The good thing is the price is volatile. You can have the opportunity to earn big in the future if the price will rise up again. This is what people looking at  and monitor on bitcoin.


Title: Re: What Makes Bitcoin Valuable?
Post by: BabyBoss on August 27, 2019, 09:47:52 PM
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

https://youtu.be/T4ltMvjGO5Y

Having a good price makes bitcoin valuable because everyone have the chance to have a big profit in the coming price pump. Price increasing this is what people monitored in bitcoin because everybody involved here will get a big profit ans savings too.


Title: Re: What Makes Bitcoin Valuable?
Post by: ballexplorer on August 27, 2019, 10:08:36 PM
How valuable the Bitcoin will be in the future, we will see. I think it's important that the BTC can be exchanged and that it is decentralized. Thus independent of the banking system.
The bigger the Bitcoin community becomes, the higher its value becomes.


Title: Re: What Makes Bitcoin Valuable?
Post by: rodel caling on August 27, 2019, 11:07:58 PM
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

https://youtu.be/T4ltMvjGO5Y

Having a good price makes bitcoin valuable because everyone have the chance to have a big profit in the coming price pump. Price increasing this is what people monitored in bitcoin because everybody involved here will get a big profit ans savings too.


That is right mate bitcoin very valuable investment specially for those people knows how thw importance of bitcoin in the future that give better life by holding for long term. I'll remember the the young student get millions from bitcoin.


Title: Re: What Makes Bitcoin Valuable?
Post by: Emmycool on August 27, 2019, 11:33:26 PM
BITCOIN IS VALUABLE NOT ONLY BECAUSE IT THE FUTURE MONEY BUT BITCOIN IS MORE THAN GOLD BECAUSE TODAY YOU MIGHT BE POOR BUT TOMORROW THE BITCOIN YOU HAVE CAN TURN YOU INTO A BILLION 💰 OWNER


Title: Re: What Makes Bitcoin Valuable?
Post by: Oceat on August 27, 2019, 11:40:04 PM
How valuable the Bitcoin will be in the future, we will see. I think it's important that the BTC can be exchanged and that it is decentralized. Thus independent of the banking system.
The bigger the Bitcoin community becomes, the higher its value becomes.
The more people that adopt Bitcoin the higher the value it would get in the future during a bullish trend.
People should start investing because this is the innovation that will change their lives ones they believe in it.
Besides, there are people already who used to get their profit during the bullish trend.


Title: Re: What Makes Bitcoin Valuable?
Post by: Lauren Smith on August 27, 2019, 11:43:11 PM
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

https://youtu.be/T4ltMvjGO5Y

Having a good price makes bitcoin valuable because everyone have the chance to have a big profit in the coming price pump. Price increasing this is what people monitored in bitcoin because everybody involved here will get a big profit ans savings too.

Having a big price does not make bitcoin valuable, the OP is asking why does bitcoin have a high price.

BITCOIN IS VALUABLE NOT ONLY BECAUSE IT THE FUTURE MONEY BUT BITCOIN IS MORE THAN GOLD BECAUSE TODAY YOU MIGHT BE POOR BUT TOMORROW THE BITCOIN YOU HAVE CAN TURN YOU INTO A BILLION 💰 OWNER

That's the dream.

Bitcoin is simply the future and we best get use to it and get onboard now instead of later.


Title: Re: What Makes Bitcoin Valuable?
Post by: Viscore on August 27, 2019, 11:44:48 PM
BITCOIN IS VALUABLE NOT ONLY BECAUSE IT THE FUTURE MONEY BUT BITCOIN IS MORE THAN GOLD BECAUSE TODAY YOU MIGHT BE POOR BUT TOMORROW THE BITCOIN YOU HAVE CAN TURN YOU INTO A BILLION 💰 OWNER
We all have the same expectations about bitcoin and that is to give us a bright future ahead. But i also understand that this thing will not just happen easily. It needs to be worked out and you need to endure more hard works,patience and perseverance for you to have even a single bitcoin. With its market continues to be volatile, then there are really high chances that its price will go to the moon and will give us huge profits in the future.


Title: Re: What Makes Bitcoin Valuable?
Post by: MeBender on August 28, 2019, 03:03:17 AM
Why are there so many people with bad English here?


Title: Re: What Makes Bitcoin Valuable?
Post by: killat on August 28, 2019, 04:03:35 AM
Bitcoin is valuable by the faith of people that it will continue to develop and its price will raise in the future.

When people will lose interest in Btc, it will lose its value, price will decrease as liquidity will become lower and lower.


Title: Re: What Makes Bitcoin Valuable?
Post by: jakoylantern on August 28, 2019, 07:03:03 AM
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

https://youtu.be/T4ltMvjGO5Y

Bitcoin is valuable because its the first decentralized cryptocurrency that no one can't control. Also, the capability and ability of bitcoin are superb. When bitcoin's community grow the acceptance also follow and bitcoin's price rate to rise because when the demand for bitcoin increase. The only thing that making bitcoin's price drop is on negative articles and issues.


Title: Re: What Makes Bitcoin Valuable?
Post by: CryptoRobert on August 28, 2019, 01:51:24 PM
I've published an extensive answer to this question in the Ivory Tower of this forum.
Skin in the gane is the answer.

Feel free to read more:

https://bitcointalk.org/index.php?topic=5174190.0


Title: Re: What Makes Bitcoin Valuable?
Post by: MascharonoM on August 28, 2019, 02:03:02 PM
I also didn't read any books which are written about bitcoin or cryptos. But interested to know about them and gather knowledge to make my skills stronger.


Title: Re: What Makes Bitcoin Valuable?
Post by: sarmrakib on August 28, 2019, 02:27:07 PM
Bitcoin is a valuable coin in the world now .There is many reason to become its so valuable .I think the secured transaction system is a option to become so valuable .The volatility makes investor to get easy and huge profit always .You can anonymously make a transaction from anywhere in the world .So i think it will be more popular and valuable in the recent  future.


Title: Re: What Makes Bitcoin Valuable?
Post by: SirLancelot on August 30, 2019, 01:09:36 PM
Bitcoin is valuable by the faith of people that it will continue to develop and its price will raise in the future.

When people will lose interest in Btc, it will lose its value, price will decrease as liquidity will become lower and lower.
I think the interest of people will continue to grow, although I understand what you mean, there must always be something that will spark the fire of interest in people, and the more people use it, the more that bitcoin will become valuable.

Awareness is also something that is very important, and I am sure that if we are to come up with statistic of people that has gotten to know of bitcoin now among the entire population of the world, the statistic will still be a little bit too low, so there is also need for us to create massive awareness, and one of the greatest way that we can create awareness is when most of us starts to also adopt its usage, I mean we are all making use of it as merchants to receive payment, if the merchant base that accept bitcoin can grow, then people will start getting to know about it and beginning to use it for bitcoin to continue to be valuable.


Title: Re: What Makes Bitcoin Valuable?
Post by: Polo7 on September 01, 2019, 11:09:16 PM
There is 2 kinds of values.

One the actual price of Bitcoin.

Two the value what we cant put into numbers, That's the Transparency, speed, Security, high Technology some Kind of privacy and decentralized.... Those are the values what can not be counted in numbers or you Can't even measure the real value with existing Fiat Currency.


The value is something what the society considering as a value the biggest value is decentralized it means we Don't need middle man it means the whole world can function better ways and we Don't have to waste Our resources to feed the middle man.

That's something wich has huge value.



Bitcoin real value comes When we Don't measure the Bitcoin with money!







Title: Re: What Makes Bitcoin Valuable?
Post by: DaWidyaaa on September 01, 2019, 11:15:54 PM
What makes Bitcoin valuable? Basically, Bitcoin has value like other currencies. Bitcoin also has the same basic rules which are used to buy something or use it for transactions.

Difference Between Fiat Money and Bitcoin
Fiat Currency has the support of the government, while Bitcoin has not. Because Bitcoin is still not universally accepted and there are still restrictions on the use of Bitcoin. Although not yet supported by the government, Bitcoin is still valuable because it has a large value price. Almost everyone uses it because the benefits of using Bitcoin are very large and very easy to use. Besides being easy, Bitcoin is also very safe, especially you don't need to tell your complete identity when making a transaction.

Bitcoin has a limited supply, unlike Fiat Money whose supplies are unlimited and are often produced. This makes the selling price of Bitcoin very expensive. One of the things that makes Bitcoin the center of attention is that Bitcoin is not controlled by anyone or any government.

The Advantages of Bitcoin
The advantage of Bitcoin is the fact that despite the lack of official support or widespread acceptance, Bitcoin has produced an ecosystem. Where many people are willing to trade and accept it almost all over the World. Even some users feel that Bitcoin is more valuable or more useful than other currencies. Because transactions using Bitcoin do not require a long time and how to use it is very easy. Besides being easy and fast, in Bitcoin transactions there is no limit to the number of Bitcoin that must be sent. Shipping taxes / Bitcoin transactions are also cheaper than bank taxes or other services.


Title: Re: What Makes Bitcoin Valuable?
Post by: Polo7 on September 01, 2019, 11:31:21 PM
What makes Bitcoin valuable? Basically, Bitcoin has value like other currencies. Bitcoin also has the same basic rules which are used to buy something or use it for transactions.

Difference Between Fiat Money and Bitcoin
Fiat Currency has the support of the government, while Bitcoin has not. Because Bitcoin is still not universally accepted and there are still restrictions on the use of Bitcoin. Although not yet supported by the government, Bitcoin is still valuable because it has a large value price. Almost everyone uses it because the benefits of using Bitcoin are very large and very easy to use. Besides being easy, Bitcoin is also very safe, especially you don't need to tell your complete identity when making a transaction.

Bitcoin has a limited supply, unlike Fiat Money whose supplies are unlimited and are often produced. This makes the selling price of Bitcoin very expensive. One of the things that makes Bitcoin the center of attention is that Bitcoin is not controlled by anyone or any government.

The Advantages of Bitcoin
The advantage of Bitcoin is the fact that despite the lack of official support or widespread acceptance, Bitcoin has produced an ecosystem. Where many people are willing to trade and accept it almost all over the World. Even some users feel that Bitcoin is more valuable or more useful than other currencies. Because transactions using Bitcoin do not require a long time and how to use it is very easy. Besides being easy and fast, in Bitcoin transactions there is no limit to the number of Bitcoin that must be sent. Shipping taxes / Bitcoin transactions are also cheaper than bank taxes or other services.



Bitcoin is supported by government and banking.


Do u really Think that big Names like coinbase Can operate in USA and dealing with Bitcoin and providing  Bitcoin Buy/sell options bank card...
If the Banks Don't like Bitcoin They Will Block coinbase bank card transactions.

Bitcoin is built on powerful high tech military platform... Are we really think that some Old guy named Satoshi just created this... Some nice day... Lol

So the Banks and government supporting Bitcoin, its time to undestood this!!




Title: Re: What Makes Bitcoin Valuable?
Post by: Jorge158 on September 02, 2019, 01:08:08 AM
Bitcoin's value is determined by its market price and demand level. Bitcoin has emerged out successfully since its inception and in almost all cryptocurrency pairing, Bitcoin can be seen. It has become a standard of measure for the market trend because when Bitcoin goes down, the entire market seems to be affected. This is the value of Bitcoin.


Title: Re: What Makes Bitcoin Valuable?
Post by: michael_97 on September 02, 2019, 08:03:51 AM
The technology on which bitcoin is built upon is what makes it valuable. This was the article which I first read about bitcoin and blockchain which gave me a brief idea about blockchain and bitcoin https://www.appventurez.com/blog/blockchain-understanding-its-basics-and-how-it-works/ (https://www.appventurez.com/blog/blockchain-understanding-its-basics-and-how-it-works/). This will give a brief idea about blockchain and bitcoin which will help us in understanding bitcoin and blockchain in a good manner. If Bitcoin is Github then Blockchain is Git.


Title: Re: What Makes Bitcoin Valuable?
Post by: seanskie18 on September 02, 2019, 02:17:13 PM
There are many reason, why Bitcoin makes valuable nowadays, it's because of the investors and the supporters of it. Bitcoin has very secured transaction system and it's first decentralized currency.


Title: Re: What Makes Bitcoin Valuable?
Post by: Alice Nuttal on September 02, 2019, 02:47:51 PM
Recently I've read a good post on Medium about what gives money and cryptocurrencies like Bitcoin value. Here it is - https://medium.com/@wesleybos/why-are-cryptocurrencies-like-bitcoin-valuable-2fea255b1bc4. To become valuable, the currency needs to have:
- divisibility;
- portability;
- sustainability;
- intrinsic value.
And Bitcoin possesses all these feature.


Title: Re: What Makes Bitcoin Valuable?
Post by: Mike Mayor on September 15, 2019, 11:45:48 PM
The biggest thing for me would be not having to go through the hassle of connecting your bank to your payment processor of choice. Bitcoin I can get paid just by giving an address. I can also buy things with ease. Before there was no way for me to properly pay for things but with crypto that is all avoided and you free to buy as you please. I just wish more places would accept it. That would complete it for me and make it much better.


Title: Re: What Makes Bitcoin Valuable?
Post by: minersday on September 15, 2019, 11:55:47 PM
Blockchain technology is the main reason why Bitcoin is valuable.  It defines the true purpose of Bitcoin as a decentralized digital cash operating on a platform that eliminates how financial transactions are made for goods and services. The idea and relevance of Blockchain technology is the definition of the value of Bitcoin. Once you understand the purpose of blockchain technology, you will know how valuable bitcoin is and would be...


Title: Re: What Makes Bitcoin Valuable?
Post by: Google+ on September 16, 2019, 04:17:28 AM
I think that makes the price of bitcoin has a very expensive value because bitcoin has a very high demand and is influenced by the existence of a limited total supply so that the price of bitcoin can be very expensive like this.


Title: Re: What Makes Bitcoin Valuable?
Post by: anoufal on September 16, 2019, 11:40:15 AM
It's simple, investors make bitcoin valuable


Title: Re: What Makes Bitcoin Valuable?
Post by: muhhentuhhen on September 17, 2019, 05:12:27 PM
I think that makes the price of bitcoin has a very expensive value because bitcoin has a very high demand and is influenced by the existence of a limited total supply so that the price of bitcoin can be very expensive like this.

It is expensive also for one more reason. There aren’t enough Bitcoins for everyone and it comes from the fact that only 21 million bitcoins will exist in total and not a coin more. Now about 7.7 billion people live on the planet, and if you give each of them one BTC, then they will be enough only for zero 0.27% of the world's population. Many guys have already accumulated much more than 1 BTC, on some wallets coins are kept in thousands.


Title: Re: What Makes Bitcoin Valuable?
Post by: Wonder_woman on September 17, 2019, 09:15:46 PM
Bitcoin is valuable because it has the potential to meet the needs of all people. Bitcoin has the potential to change peoples life. When bitcoin is expensive there are lots of bitcoiners become rich because they found out that their money can multiply if the price is expensive. So many rich people and business minded persons join here because they can earn multiple times if they know already how to walk in bitcoin world.


Title: Re: What Makes Bitcoin Valuable?
Post by: Prettyme on September 17, 2019, 10:00:53 PM
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

https://youtu.be/T4ltMvjGO5Y
I did not yet spent time to read this book but I think through its history we can say that bitcoin is more valuable and worth to invest in. Bitcoin has grown rapidly especially in the past years because of its high demand. But I think it's good  to read this book to really add information and to educate yourself more about cryptos especially bitcoin.


Title: Re: What Makes Bitcoin Valuable?
Post by: xSkylarx on September 18, 2019, 04:52:56 AM
The biggest thing for me would be not having to go through the hassle of connecting your bank to your payment processor of choice. Bitcoin I can get paid just by giving an address. I can also buy things with ease. Before there was no way for me to properly pay for things but with crypto that is all avoided and you free to buy as you please. I just wish more places would accept it. That would complete it for me and make it much better.

That is what bitcoin made popular to people not just because of its high value. Anyone can use bitcoin, send them anywhere and anytime. Banks requires some papers and information just to do what you want. Bitcoin has low fees compared when you used banks for transaction.


Title: Re: What Makes Bitcoin Valuable?
Post by: maman567 on September 18, 2019, 05:18:23 AM
Limited total supply the reason why bitcoin have value and always become higher price at the future, support by many companies will make bitcoin become best investment assets.


Title: Re: What Makes Bitcoin Valuable?
Post by: bitcoinposts on September 18, 2019, 06:23:15 AM
Valuable feature for bitcoin price growth is transparency and limited number of coins supply because of these two features bitcoin got lot of demand


Title: Re: What Makes Bitcoin Valuable?
Post by: Andrews193 on September 18, 2019, 04:16:00 PM
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

https://youtu.be/T4ltMvjGO5Y
I did not yet spent time to read this book but I think through its history we can say that bitcoin is more valuable and worth to invest in. Bitcoin has grown rapidly especially in the past years because of its high demand. But I think it's good  to read this book to really add information and to educate yourself more about cryptos especially bitcoin.
Summarizing and giving the final result, the value of bitcoin depends very little on the potential or features that it provides, what makes the value of bitcoin is the opportunity and creativity of investors and developers, Bitcoin is just a beginning, the rules and the mode of operation of the market are given by investors, especially large investors. After that, the developers used those plans that were unique and consistent with those rules, creating more activities for the market, and of course, Bitcoin was still the basis, and born continuously like that, Bitcoin has become a symbol and platform for the market, which is also a factor that makes bitcoin valuable


Title: Re: What Makes Bitcoin Valuable?
Post by: Pinkris128 on October 01, 2019, 08:34:04 AM
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

https://youtu.be/T4ltMvjGO5Y

You can find answers of your question in its features!
Bitcoin is limited and will be only 21 million. So if you compare any FIAT money with it. I think you can understand. Supply-Demand!
Bitcoin is decentralized. So no one increase or decrease total supply. And no one control it!
Bitcoin is transparent. (This is the feature of blockchain actually but valid for BTC.) You can track all transaction easily with blocks.

And BTC has a great community support. All world be aware it potential now.
Supply and demand is the basic answer for this. If you know this on how it works, you will know how bitcoin valuable.Also, the value of bitcoin is depends on thr potential or sone features that actually provides for the people. The investor and  developers makes some creativity and thats how it gives value. We come up with some opportunities to earn and invest with the used of bitcoin.


Title: Re: What Makes Bitcoin Valuable?
Post by: Klausi on October 01, 2019, 03:38:47 PM
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

https://youtu.be/T4ltMvjGO5Y

You can find answers of your question in its features!
Bitcoin is limited and will be only 21 million. So if you compare any FIAT money with it. I think you can understand. Supply-Demand!
Bitcoin is decentralized. So no one increase or decrease total supply. And no one control it!
Bitcoin is transparent. (This is the feature of blockchain actually but valid for BTC.) You can track all transaction easily with blocks.

And BTC has a great community support. All world be aware it potential now.

The way fiat works is too old compare to bitcoin, fiat is a slave currency which the Government and bank are its master. You don't have a real freedom in fiat, if anything is suspicious about you, the bank will freeze your account or even close your account which is the exact opposite of bitcoin. Bitcoin let you to have full control of your fund, you could open you wallet anytime to check your balance or to make transactions, anonymously, unlike banks that have a database for that, and I think that's what makes bitcoin valuable to me.


Title: Re: What Makes Bitcoin Valuable?
Post by: Youghoor on October 01, 2019, 06:13:09 PM
The main source and only source of the valuability of Bitcoin is the concept of decentralization and blockchain technology.  Blockchain technology presents the backbone of Bitcoin and any other cryptocurrency. Bitcoin introduced blockchain technology and blockchain technology also explained Bitcoin provides financial freedom through decentralization.  This is what makes bitcoin valuable...


Title: Re: What Makes Bitcoin Valuable?
Post by: aces777 on October 01, 2019, 07:03:42 PM
There are quite a number of things that make Bitcoin valuable. One of the few points I would like to highlight is its Limited source, and the Blockchain Technology. The beauty of this is one of the many reasons why a great number of people are will to risk it all for the coin and invest in it, which further increases its value.


Title: Re: What Makes Bitcoin Valuable?
Post by: skyline247 on October 01, 2019, 09:49:35 PM
what makes Bitcoin valuable is the inherent technology that it is developed with, call the blockchain. With blockchain technology, there are many revolutions that can take place. thanks to Satoshi Nakamoto, the inventor of Bitcoin, we have access to this beautiful technology. Therefore, investing in Bitcoin is smart because it is the future.


Title: Re: What Makes Bitcoin Valuable?
Post by: pr0t0nio on October 01, 2019, 10:06:02 PM
People find it of use, for what they think it is worth. Therefore, people give Bitcoin value.


Title: Re: What Makes Bitcoin Valuable?
Post by: cybernetik7 on October 01, 2019, 10:55:51 PM
If you have understood the philosophy of bitcoin, you have also understood what makes it valuable. How fair is the production of the world's central currency in the hands of a single country? The rich become richer, the poor become poorer. Thats not fair!


Title: Re: What Makes Bitcoin Valuable?
Post by: seoincorporation on October 01, 2019, 10:57:51 PM
What makes bitcoin valuable its the offer and demand, while we have people ready to pay for it and people ready to sell them then bitcoin will have a price on the market. If you ask your self why bitcoin gets up to $20k? that was because people was ready to pay $20k for it. So, it's all about offer and demand.

The blockchain technology doesn't give the price to bitcoin, it only makes from it a fair deal.


Title: Re: What Makes Bitcoin Valuable?
Post by: cryptazmania on October 02, 2019, 02:11:53 AM
First Bitcoin already helped a lot of people all around the world especially in terms of financial aspects,
and also its usages can give benefits to anyone who use it most of the time, like in sending money, savings,
and investment.


Title: Re: What Makes Bitcoin Valuable?
Post by: Colt81 on October 02, 2019, 03:55:34 AM
Demand is why bitcoin valuable, many people still trust with bitcoin on the top price above $20k and have higher trusted with bitcoin for keep holding until raised the price want, before raised to higher price never want to sell.
Indeed. The demand is the reason why bitcoin became so valuable that makes a lot of people to buy bitcoin. Even bitcoin have dropped it's price from $20k in the year of 2018 a lot of people still believes that bitcoin will recover it's price to $20k again. Bitcoin also helped a lot of people who does not have any source of income that makes it more valuable.


Title: Re: What Makes Bitcoin Valuable?
Post by: abel1337 on October 02, 2019, 05:52:53 AM
Demand is why bitcoin valuable, many people still trust with bitcoin on the top price above $20k and have higher trusted with bitcoin for keep holding until raised the price want, before raised to higher price never want to sell.
Demand is just a factor of it. There are many factors why bitcoin makes a valuable price, another factor is the adaptation of it and the acceptance from named businesses and personalities. Making it accepted in every country makes it more valuable because it can cause more accept and open their mind by using it that causes the pump to its price. + the common hype that makes people buying it.


Title: Re: What Makes Bitcoin Valuable?
Post by: tuanvie on October 02, 2019, 01:31:28 PM
1-Number of specific
2-To be based on math
3-Produced by the community, not by a goverment.
4-Completely transparent.
5-Increasing production difficulty
You can think like gold or diamond.


Title: Re: What Makes Bitcoin Valuable?
Post by: teosanru on October 02, 2019, 01:40:32 PM
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

https://youtu.be/T4ltMvjGO5Y
Basically currencies are valued as per the GDP of a country so basically it is the value of the currency currently adopted by people and rest of it is channelized by the forces of demand and supply. The similar thing makes value here except for one thing bitcoin also has a network hardware over which it operates which is also a major determinant of its value rest of the value comes with adoption of btc larger its adoption is more will ita value grow.


Title: Re: What Makes Bitcoin Valuable?
Post by: Dreamr on October 02, 2019, 02:16:29 PM
I think the major thing that makes bitcoin more valuable is decentralization and followed by user privacy.
Bitcoin is the first truly peer-to-peer digital currency that is fully decentralized and yet acceptable all over the world.


Title: Re: What Makes Bitcoin Valuable?
Post by: Reosta_ on October 02, 2019, 02:28:25 PM
I think one of the reasons makes Bitcoin valuable is that Bitcoin is limited in number. Bitcoin is not like fiat money. Governments can print fiat money but they can't print Bitcoin.


Title: Re: What Makes Bitcoin Valuable?
Post by: hermawan9416 on October 02, 2019, 03:30:23 PM
Investors. People who invest in bitcoin make it valuable.


Title: Re: What Makes Bitcoin Valuable?
Post by: ReiMomo on October 02, 2019, 06:09:45 PM
Investors. People who invest in bitcoin make it valuable.
Simply saying that Bitcoin becomes valuable due to its demand, it is true indeed.
But another reason for why it becomes valuable is simply because its money. We people valued money, It is the medium we used for having transactions. We do not use the old fashioned trading of tangible assets to get another asset.
That's right, it needs massive adoption that will help to increase the demand. The thing that makes bitcoin valuable is because of the demand for it. If the demand is high, many people will be able to invest in it the reason why the price rapidly increases. Most especially if there is a lack of supply the price quickly rises and the lower the supply the higher the value of bitcoin. But sometimes there are some instances that the demand and supply of bitcoin were playing by the whales. The reason that bitcoin is highly volatile, it makes more valuable but sometimes it is cheaper.


Title: Re: What Makes Bitcoin Valuable?
Post by: Moiyah on October 03, 2019, 03:12:41 AM
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

https://youtu.be/T4ltMvjGO5Y

  As far as I know, there already schools or universities offering and studying about bitcoins and other altcoins.

  But, as in my experience, even if you will not enter and enroll with that such institutions or universities, you still manage to understand what bitcoin is all about. You can learn a lot  on your own by reading different articles, reading different post and replies of different topics here in this forum, watching in youtube, searching in different websites. All you need is time to learn all of it and be open minded and accept this kind of currency or exchange evolving nowadays.


Title: Re: What Makes Bitcoin Valuable?
Post by: karanggatak on October 03, 2019, 07:19:00 AM
for me, bitcoin be valuable because it have high value. you can earn it by many method, and you can sell with high price. mostly people use it for asset, for their advantages. the other is very fast for transaction, secure, and no need put your identity in every transaction, like keeping your information from outside, and bitcoin not controled by anyone


Title: Re: What Makes Bitcoin Valuable?
Post by: bitcoinst on October 03, 2019, 11:01:31 AM
Bitcoin does not have a physical referent in the world, which means it is valuable as long as it can be exchanged for something. Bitcoin is a deflationary currency, and due to the constant reduction in the number of bitcoins, its price will increase. But no one can say for sure what will happen to the price in the future.


Title: Re: What Makes Bitcoin Valuable?
Post by: Ris88 on October 03, 2019, 01:58:12 PM
In my opinion Bitcoin's technology really helps a lot of people, so from most people still want and continue to use Bitcoin for the next 10 years, it doesn't mean that Bitcoin will continue to weaken even if we find out about Bitcoin deeper then, we will easily see growth bitcoin well ...


Title: Re: What Makes Bitcoin Valuable?
Post by: bitcoinposts on October 03, 2019, 02:37:22 PM
The main reason for bitcoin valueable is because of limited supply 21million bitcoins and transparency in blockchain 


Title: Re: What Makes Bitcoin Valuable?
Post by: Chrystora123 on October 03, 2019, 03:06:59 PM
what makes Bitcoin valuable is the concept it offers and the Blockchain technology that is behind Bitcoin.  10 years since the creation of Bitcoin, has been circulating thousands of cryptocurrencies that adopt the Bitcoin system and even many are much better than Bitcoin.  Bitcoin is a pioneer, so it's very valuable.

The main reason for bitcoin valueable is because of limited supply 21million bitcoins and transparency in blockchain  
satoshi gave the crypto community bitcoin and technology is open source he dont need come up with same identity he may access the information with various other names
I'm just warning.. please don't do this again (post in another thread in a very short time) because you could be having trouble with the moderator  ;)


Title: Re: What Makes Bitcoin Valuable?
Post by: sapnu on October 03, 2019, 03:18:09 PM
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

https://youtu.be/T4ltMvjGO5Y
Bitcoin is awesome since it is a new generation of money or we are calling it a virtual money. There are a lot of features that make it valuable first is that Bitcoin is a source of income to others since it has aligned in different aspects in terms of earning, for example, trading or mining just like that. There are feature that makes our life easier in terms of payment method because since it is virtual money and be stored in a web wallet or application, paying some expenses using bitcoin is way faster and safer than physical money. Since the application and other web wallet is programmed to send/pay or receive/claim. This is good if we are being taught in school about cryptocurrencies, I like to learn broader about it.


Title: Re: What Makes Bitcoin Valuable?
Post by: The3max on October 03, 2019, 03:27:49 PM
This question actually has many reasons. The main reason is the potential of Bitcoin's blockchain platform. We consider it valuable, it will be valuable. It can be said that the value of BTC depends on the number of people interested in it. For investors, BTC is valuable because it can be traded with many others.


Title: Re: What Makes Bitcoin Valuable?
Post by: skarais on October 03, 2019, 05:27:06 PM
Yes it is, the price of bitcoin changes if and only if the number or investors, merchants, and users will increase, the larger adaptation, the larger its price we are going to have and that's how it gain its value since the day it was released on the market, and speaking of what makes bitcoin valuable, it depends on our perception about bitcoin.
Every thing that is traded and people interested in buying will have value. This also happened to bitcoin, after bitcoin was released to the market, many people wanted to have it. The limited amount and high demand in the market has made bitcoin has a high price as it is now.
Not only on bitcoin, I think all altcoin too.


Title: Re: What Makes Bitcoin Valuable?
Post by: Btcvilla on October 03, 2019, 05:38:22 PM
I don't why bitcoin have valuable because on the first publish bitcoin have very cheap price and no have ICO or IEO, but how come bitcoin price could raising up with higher price? will be supply and demand make bitcoin have value with many investor buy or sell when the moment is good for selling or buying.


Title: Re: What Makes Bitcoin Valuable?
Post by: cokhianh9898 on October 03, 2019, 05:44:46 PM
As far as I know Bitcoin is a valuable cryptocurrency because of its supply, purpose, potential, etc. My favorite value in bitcoin is being able to store and transfer it to anyone that I want in place of cash, which takes very little time. Nowadays, because of those benefits that many users have trusted and used bitcoin. The amount of demand has increased significantly since 2017, a large number of investors were attracted that make BTC's price as it is now. Although they don't fully understand the concept of bitcoin or read the white paper but the above advantages with limited supply of 21 million bitcoins, which have made BTC a valuable commodity and especially this value will increase dramatically in the future.


Title: Re: What Makes Bitcoin Valuable?
Post by: bounceback on October 12, 2019, 03:15:15 AM
actually bitcoin has the same base as other currencies and is used to buy things or to transact, but why is bitcoin so valuable that if we look at it now investors really want to have a little bitcoin to invest maybe because it causes bitcoin to be valuable, because when many people who are interested in buying bitcoin can of course say prices will rise because of the limited supply of bitcoin, in my opinion for that reason making bitcoin is very valuable.


Title: Re: What Makes Bitcoin Valuable?
Post by: jarhed on October 13, 2019, 06:46:47 AM
actually bitcoin has the same base as other currencies and is used to buy things or to transact, but why is bitcoin so valuable that if we look at it now investors really want to have a little bitcoin to invest maybe because it causes bitcoin to be valuable, because when many people who are interested in buying bitcoin can of course say prices will rise because of the limited supply of bitcoin, in my opinion for that reason making bitcoin is very valuable.
No, the most valuable thing about Bitcoin is its independent inflation rate. All participants in the community know that there will be not so much Bitcoin and it is strictly limited. That is, it will not be able to manage Bitcoin mining. This is the value of Bitcoin.


Title: Re: What Makes Bitcoin Valuable?
Post by: dimox on October 13, 2019, 08:27:05 AM
I have not read any books about bitcoin or crypto, but it did not prevent me from trading and understanding how it works
how to fast learn is alredy play that game. as time goes by you will get used to it and experienced.
bitcoin release by someone or people and bitcoin itself be accepted by people around the world. and im sure if we think that bitcoin is more valuable than fiat, from transaction speed and easy to use it make people like it.


Title: Re: What Makes Bitcoin Valuable?
Post by: blckhawk on October 13, 2019, 08:40:13 AM
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

https://youtu.be/T4ltMvjGO5Y
I think bitcoin's limited supply and capacity to hold transparent transactions is what makes Bitcoin valuable. Also, I think the value is not invested in the money, but rather in the technology which investors believe would grow in the future decades.

However, I'm not able to read the book yet. But I have heard of it and said that it was good. I'm planning to read it to further fortify my knowledge.


Title: Re: What Makes Bitcoin Valuable?
Post by: DabsPoorVersion on October 13, 2019, 12:54:08 PM
actually bitcoin has the same base as other currencies and is used to buy things or to transact, but why is bitcoin so valuable that if we look at it now investors really want to have a little bitcoin to invest maybe because it causes bitcoin to be valuable, because when many people who are interested in buying bitcoin can of course say prices will rise because of the limited supply of bitcoin, in my opinion for that reason making bitcoin is very valuable.
No, the most valuable thing about Bitcoin is its independent inflation rate. All participants in the community know that there will be not so much Bitcoin and it is strictly limited. That is, it will not be able to manage Bitcoin mining. This is the value of Bitcoin.

It could be right, but as for me,
Bitcoin is valuable simply because it is considered as a form of money (digital money). End user deliver its value, it means more user the further the demand is. As long as more end user will accept blockchain technology, and adapt bitcoin as means of payment, it will be more valuable than it was even before.


Title: Re: What Makes Bitcoin Valuable?
Post by: Sebas.tian on October 13, 2019, 01:12:06 PM
In my view to your question, I will say these few words: Bitcoin is transparent with the help of the Blockchain among all the digital or online money that has been in existence. Also, Bitcoin supply is limited compared to fiats which the government can print at any giving point in time, Bitcoin has a supply of 21Million and cannot exceed the stipulated amount. Also, because of Bitcoin anonymity.


Title: Re: What Makes Bitcoin Valuable?
Post by: LUCKMCFLY on October 13, 2019, 02:24:04 PM
The fact that Bitcoin represents money already makes it valuable, from the technological point of view it is an advantage that it has over traditional banks, since its transactions are very fast and handle considerable volumes in a few seconds.

As bitcoin has a finite number of Bitcoins (21 million) it makes it highly valued, because inflation is not generated because they do not print or are generated, it has a deflationary economy, this allows everyone today to want to participate in its technology, its market is based on supply-demand, although not supported as some actions in the Stock Market, has a great influence worldwide.

Today it is acquiring much more adoption, it is reaching users who have never been in the crypto market. The Bitcoin market can apply many types of studies, since it is already 10 years old, which makes it have a considerable life, it has also caused many altcoins to arise depending on their technology and particularly the price.

With respect to the thousands of bitcoins that have been lost, owners who have lost their private keys, the fact that they are not in motion and are considered lost this helps the price to rise, there is less supply, therefore the price increases . The fact that every day people join their technology, taking advantage of the market and its value makes bitcoin gradually have more value in every way, and since it is of low correlation with traditional assets, it helps to have a very good wallet diversified.

Already many news speak that the increase of new levels in the S & P500 will help bitcoin to rise in price, this statement is debatable.


Title: Re: What Makes Bitcoin Valuable?
Post by: virasisog on October 13, 2019, 03:18:15 PM
I have not read any books about bitcoin or crypto, but it did not prevent me from trading and understanding how it works

actually i am not into reading books as well, but i guess it has something in there that adds up to knowledge of people who takes time to read them.
i can read articles but i am more into video presentation or actual explanation much better.
I guess it depends upon the preference of the person and about bitcoin being valuable? value depends on how people value it actually same to fiat.
but knowing the advantage of using bitcoin makes the difference. https://www.youtube.com/watch?v=SSnsR129b_c&feature=youtu.be


Title: Re: What Makes Bitcoin Valuable?
Post by: Darooghe on October 13, 2019, 07:25:55 PM
Bitcoin’s value as money needs to be understood like gold, which comes not from legal force, but from its specific attributes. Bitcoin’s attributes make it an amazing form of money or a payment system, and it was engineered for just that purpose.

It can be sent anywhere, instantly, at near-zero cost, this is one of the traits you would give it Can’t do that with gold due to physical constraints, or dollars due to legal constraints. It is scarce with a known supply and a known inflation schedule And it cannot be manipulated, restricted, or seized by any central party. Nobody has special privileges. In this way, it is very democratic, and very egalitarian. it is pseudonymous, censorship resistant and secure.

Bitcoin might not be perfect, but it’s pretty good and this is why people are using it as money, despite the fact that nobody is forced to.


Title: Re: What Makes Bitcoin Valuable?
Post by: pankajgupta on October 13, 2019, 07:56:32 PM
It's value make it valuable. Today, most of the youth want he have more bitcoin because of its high value. Bitcoin is transparent and it is decentralized i.e. nobody have control over it. You can hide your transactions from others. It is virtual currency, you don't have to carry it physically. Its amount is limited. Nobody can increase or decrease their amount. But it's demand increases due to which it's value increases.


Title: Re: What Makes Bitcoin Valuable?
Post by: crossabdd on October 13, 2019, 09:24:38 PM
see the video that you shared. I understand a little what you mean. and I have never read the standard bitcoin book to understand its value. I only learned through the internet about why bitcoin is valuable. that is in my opinion
- decentralization
- private
- There is no middle man
- very safe
- comfortable
- no transaction limits
- fast
- No big fee
- support all countries


Title: Re: What Makes Bitcoin Valuable?
Post by: qwertyup23 on October 13, 2019, 09:50:01 PM
Valueable? i think because the total supply of bitcoin only 21 M and almost hit 18 M right now (only 3 million left) Just wondering what happend when the total supply circulation hit 21 M. And high demand make it more valueable. Also bitcoin utility for the future will make the price get higher than now.

The supply/demand of bitcoin is only one factor of what considers it valuable. The reason on why the demand is high is due to the people who are willing to pay for it. Just like gold (other than its innate and rare material), people are willing to purchase gold at a higher price which makes it valuable (increases demand). On the other hand, bitcoin which exist solely in the internet, is considered as an investment that may either skyrocket or drop its price in a given amount of time.

It's value make it valuable. Today, most of the youth want he have more bitcoin because of its high value. Bitcoin is transparent and it is decentralized i.e. nobody have control over it. You can hide your transactions from others. It is virtual currency, you don't have to carry it physically. Its amount is limited. Nobody can increase or decrease their amount. But it's demand increases due to which it's value increases.

Those are the factors of what makes bitcoin valuable and the reason on why people purchase it. But the deciding factor is its high price on the market which makes it an excellent candidate for an investment. For example, the traditional investment options available today have returns that take a long time to realize.


Title: Re: What Makes Bitcoin Valuable?
Post by: TwoSides on October 13, 2019, 11:25:21 PM
What makes Bitcoin valuable is it still exists after how many years considering that it is virtual money. I've known Bitcoin for years now but it seems that it is a complex thing, there's so much to learn about, so I stopped learning about it and just have faith in it that it will somehow bring me to profit much more than banks could give.


Title: Re: What Makes Bitcoin Valuable?
Post by: Murat on October 14, 2019, 06:34:11 AM
Every coin has two sides, head, and tail, some negative things have also both positive impact, I think volatility is of the reasons to make it more popular and valuable among the people. When you see that the price of Bitcoin is going down and there is an opportunity to get high again then you must take a step towards buying Bitcoin for gaining profit. You may think it's a wired thing, but for me, It's the main reason to get attracted people to this platform, You may say Bitcoin is the digital currency, it's a decentralized coin, it's safe, there is privacy, the transaction process is easy and so on, but in my opinion, People love taking risk and that's why they are willing to buy Bitcoin to make profit when the price is high. That's a simple case.


Title: Re: What Makes Bitcoin Valuable?
Post by: Zeke_23 on October 14, 2019, 12:13:16 PM
It is valuable because it has users, we are the reason why it is valuable. Demand is the reason for bitcoin why its value increases. Without users, it will be useless, its value wont reach its price as of today.
Determining value depends on its use, number of users or the demand and its capability, and bitcoin have all of it.


Title: Re: What Makes Bitcoin Valuable?
Post by: ashmodeus on October 14, 2019, 02:38:27 PM
for me, bitcoin its different than another ,
Well we can say that the first of altcoins , but besides it, bitcoin also have something special, that satoshi.
even he know bitcoin famous already, he/she still be anonymous until now, i believe he still a live.
very different with another coin creator like charlie lee, vitalik ,etc.
that why btc still valuable until now, even for eternity.


Title: Re: What Makes Bitcoin Valuable?
Post by: AicecreaME on October 14, 2019, 03:48:34 PM
I have not read any books about bitcoin or crypto, but it did not prevent me from trading and understanding how it works
Yes it doesnt prevent you from trading and understanding but somehow you lack small infos where those infos can be get by reading books and watching articles,books are not worthless they contribute to our knowledge towards a thing

I'm not a book person but reading books is fun sometimes, but I feel like it's not that big and just limited information are stored in a book, you might say "then buy another volume of it", I won't, having many books will just consume spaces in my room, however I have kept some books if I find it interesting and limited on the market, that's the reason why I still preferred using google whenever I want to know something, it's just one google away, I don't like to bother myself searching something in a book by reading it from the start, no offense but we have our technology, why don't use it.

Learning thru internet is much more time saver than reading a book, in my opinion.


Title: Re: What Makes Bitcoin Valuable?
Post by: yulionoo on October 15, 2019, 01:32:51 AM
what makes bitcoin valuable is the limited amount of 21 million coins. the amount is limited but the demand for bitcoin every year continues to increase, which eventually makes the price of bitcoin soar. and now the number of bitcoins in circulation has reached 18 million and the remaining 3 million coins are still being mined. with this estimation, many predict the price of bitcoin will increase again. because the amount is limited.


Title: Re: What Makes Bitcoin Valuable?
Post by: Kunnu on October 15, 2019, 11:45:34 AM
First of all it's crypto community who made the Bitcoin valuable with the better understanding about crypto currencies and the second thing is the structure of Bitcoin indicates its value itself.


Title: Re: What Makes Bitcoin Valuable?
Post by: Fredomago on October 15, 2019, 11:57:37 AM
what makes bitcoin valuable is the limited amount of 21 million coins. the amount is limited but the demand for bitcoin every year continues to increase, which eventually makes the price of bitcoin soar. and now the number of bitcoins in circulation has reached 18 million and the remaining 3 million coins are still being mined. with this estimation, many predict the price of bitcoin will increase again. because the amount is limited.
That's count aside from the supply and demand, bitcoin become valuable as holders makes the trading with many investors to hold and keep their assets the demands will speak by himself and move up according to how far they can hold.

Users and supporters are the cause of bitcoin movement, being treated as  a stored assets eventually makes it more valuable.


Title: Re: What Makes Bitcoin Valuable?
Post by: ReiMomo on October 15, 2019, 02:07:55 PM
Well, it's because of the demand and the supply. If it's the demand will increase and there's a lacking of supply then that reason why the value of bitcoin will be more valuable but it's not permanent since the value of bitcoin is volatile so it may rise or fall from time to time. It is the most important thing that you must need to know as well. But sometimes I also believed in whales manipulations in the market for sudden downtrend and having a struggle when it comes to raising up. That makes bitcoin valuable and very volatile price.


Title: Re: What Makes Bitcoin Valuable?
Post by: febriyana on October 15, 2019, 03:56:00 PM
Bitcoin is having value because that is decentralized, anonymous, and have limited supply.
At first time 2013 actually i never learn it from any book or article, i just try play faucet where referred by my friend.
After that i find many referral to my account, that is around 200 ref. That is make me around 0.2 BTC.
Because that i learning about Bitcoin, i just create wallet then receive my payout. Then i try to buy phone pulse, from there i just know this Bitcoin will big in the future.
That is right, now the price is better than 2013.


Title: Re: What Makes Bitcoin Valuable?
Post by: gandame on October 15, 2019, 04:07:45 PM
Bitcoin become valuable because the price become goes up and down. And once bitcoin pump up the price many are become happy.
Bitcoin has a potential that the price will grow and many investor become millionaire.


Title: Re: What Makes Bitcoin Valuable?
Post by: Dreamr on October 15, 2019, 05:12:53 PM
I think bitcoin whitepaper explains EVERYTHING about bitcoin from beginning to the end. By starting bitcoin is a peer-to-peer digital currency that is fast, secure, and decentralized. All the other books out there are just trying to explain the bitcoin concept in a more simpler way and describable manner to the public.


Title: Re: What Makes Bitcoin Valuable?
Post by: whyrqa on October 15, 2019, 05:46:19 PM
I think bitcoin whitepaper explains EVERYTHING about bitcoin from beginning to the end. By starting bitcoin is a peer-to-peer digital currency that is fast, secure, and decentralized. All the other books out there are just trying to explain the bitcoin concept in a more simpler way and describable manner to the public.
Of course, if you ideally consider the value of Bitcoin based on the initial plans of the creator, then you really are right, but you also need to take into account the current trend in the cryptocurrency market, when the value of Bitcoin increases due to its volatility.  To date, Bitcoin is primarily interesting in that this coin is a valuable asset that will bring good profit.


Title: Re: What Makes Bitcoin Valuable?
Post by: juanforce on October 18, 2019, 06:41:39 AM
Bitcoins have value because they are useful as a form of money. Bitcoin offers transferring money over the internet and is controlled by a decentralized network with a transparent set of rules. It is a money free from dictatorship, oppression and hyperinflation, and a financial safe haven for anyone living under those circumstances.


Title: Re: What Makes Bitcoin Valuable?
Post by: imstillthebest on October 18, 2019, 07:01:01 AM
For me, at the moment, Bitcoin is very important because it has a fairly high level of liquidity. I can exchange Bitcoin in any country.
only for you because high liquidity is only your concern but what about the others ? us that does not trade  .we dont care at all about the liquidity but we are far more concern on the speed and other issues that bitcoin is facing . also , you cant exchange btc in any country because there are countries that bans btc  .

Quote
In recent years, a lot of goods and services are sold for Bitcoin. And this is wonderful, the cryptocurrency market continues to develop.
those are in recent years but today , btc got even better because the market of btc have already got widen  .  btc is indeed developing and that makes him so valueable


Title: Re: What Makes Bitcoin Valuable?
Post by: Shasha80 on October 24, 2019, 11:26:38 PM
Because of the many requests for bitcoin and also many who use bitcoin is one reason why bitcoin becomes valuable. And what makes
bitcoin valuable because bitcoin is limited, unlike fiat or printing money. Therefore the price of bitcoin can be very expensive. And the
last reason why bitcoin is valuable is because of volatility which makes the price unstable, this can be exploited in the world of trading
for the opportunity to make a profit.


Title: Re: What Makes Bitcoin Valuable?
Post by: LUCKMCFLY on October 25, 2019, 01:04:42 AM
The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

https://youtu.be/T4ltMvjGO5Y

There are many ways to educate yourself, if what you are looking for is research about technology is excellent, now in another order of ideas, if what you want is to learn to understand the market, it is already something more complex.

There are many types of operators, which are investors and market speculators, if you want to lean towards the speculative world, you must already have your address clear. For education about the market, I recommend Wyckoff's theory, it is applicable to all types of markets, be it the crypto market, stock market, among others.

I am a Wyckoff scholar, and I have given good results, the market movements directed in that vision, the results are extraordinary. I share this guide, although it is in Spanish, it is excellent for you to have an idea of ​​Wyckoff: https://oscartrader.blogspot.com/ (https://oscartrader.blogspot.com/)


Title: Re: What Makes Bitcoin Valuable?
Post by: bitzizzix on October 25, 2019, 04:23:45 AM
What makes bitcoin valuable because bitcoin makes simplicity in transactions without limits and distances and becomes easy and fast and shipping taxes or transactions are cheaper than bank taxes, besides being easy to use it is also very safe, especially you don't need to tell you your complete identity when you want to make a transaction.
and bitcoin has limited availability and is not like money with unlimited availability and continues to be produced, and that is what makes bitcoin expensive and bitcoin the center of attention because bitcoin is not controlled by anyone and any government and that is freedom for those who use bitcoin.


Title: Re: What Makes Bitcoin Valuable?
Post by: veleten on October 25, 2019, 05:42:32 PM
what makes bitcoin valuable? same as anything that people are willing to pay money for
anything and everything has its value only as long as there are some who are willing to pay money for it
this is why the word combination of a "good bitcoin price" makes me chuckle , supply and demand is what regulating the price combined with the things that influence both of them through mass media and news
bitcoin is valuable due to its deflatory mechanism , it also has a limited supply -  that is scarcity
bitcoin can be used as a store of value and money , it cannot be cancelled or blocked ( well unless you can block internet )
bitcoin is easy to store , you can send large sums cheap and fast
all of this , plus a resistant algorithm makes bitcoin a valuable asset