Bitcoin has done a great job of not connecting to any currency in the world!

[racistyui]

Bitcoin was created by Satoshi Nakamoto in 2009, the value of bitcoin at that time was almost none, so what makes bitcoin more than a hundred thousand times?

A currency that is really valuable but not "backed" by any kind of commodity, such as gold or silver, or by a powerful institution such as the government or the bank. Bitcoins increase as more and more people believe that their value will continue to increase over time.

The question is whether they think it right? Will bitcoin hold a value of over $ 10,000 in 2018 or grow over many years?
I think 2018 will be a glorious year for blockchain and bitcoin as more and more people crave bitcoin!

[eagleman]

A currency that is really valuable but not "backed" by any kind of commodity, such as gold or silver, or by a powerful institution such as the government or the bank.

It is decentralized so there's no one who's backing it up with those sights that you mentioned and in US: Bitcoin now classed as a commodity in the US.

Bitcoins increase as more and more people believe that their value will continue to increase over time.

Law of supply and demand.

The question is whether they think it right?

I'm one of those people and I'll answer yes.

Will bitcoin hold a value of over $ 10,000 in 2018 or grow over many years?

As believed, it will grow more.

I think 2018 will be a glorious year for blockchain and bitcoin as more and more people crave bitcoin!

This year is going to be all about regulations and FUDs.

[SuperD007]

I think one thing that many people seem to be ignoring is the one constant....

The primary constant in crypto and BTC and the very same constant that makes me confident that it will boom.. the 1 single constant I talk off, is factual and can be proven and has existed from the beginning of time and will exist through the end of time.....when u apply that constant then you start to see clearly...what is the constant? It's one main constant with a few different "branches"

GREED: - Major branches: Power/Money/Control - Now that BTC is been adopted by Banks/Traders(all the skankiest scummy dirty financial elite) - it means the CONSTANT will apply... they will use media, FUD, rumors and their Puppets in Government to manipulate and control the ups and the downs of BTC... it will never die.. because it has the potential to be their best cash cow ever.

[Kotone]

Bitcoin was created by Satoshi Nakamoto in 2009, the value of bitcoin at that time was almost none, so what makes bitcoin more than a hundred thousand times?

A currency that is really valuable but not "backed" by any kind of commodity, such as gold or silver, or by a powerful institution such as the government or the bank. Bitcoins increase as more and more people believe that their value will continue to increase over time.

The question is whether they think it right? Will bitcoin hold a value of over $ 10,000 in 2018 or grow over many years?
I think 2018 will be a glorious year for blockchain and bitcoin as more and more people crave bitcoin!

I think that was actually the point in the creation of bitcoin on having a currency that is not backed by anything and can stand on its own. However due to this it is experiencing volatility and I think that is the trade-off that people must undergo just because that there is a decentralized system. And that’s what make bitcoin great is its rise from rugs to riches and a complete cinderella story

[HeRetiK]

[...]

A currency that is really valuable but not "backed" by any kind of commodity, such as gold or silver, or by a powerful institution such as the government or the bank. Bitcoins increase as more and more people believe that their value will continue to increase over time.

[...]

Bitcoin is backed by something even more powerful than gold or silver or government. It's backed by people like you and me. Of course it comes with its downsides, as people are moody and easily swayed, hence the volatility we still see today. However it's also what makes Bitcoin so resilient -- there's no single entity to be taken down. No gods, or king. Only man.

I think one thing that many people seem to be ignoring is the one constant....

[...]

GREED: - Major branches: Power/Money/Control - Now that BTC is been adopted by Banks/Traders(all the skankiest scummy dirty financial elite) - it means the CONSTANT will apply... they will use media, FUD, rumors and their Puppets in Government to manipulate and control the ups and the downs of BTC... it will never die.. because it has the potential to be their best cash cow ever.

Oh I'm pretty sure everyone around here is well aware of this constant. After all it's been one of Bitcoin's driving factors for the last few years if you're honest. Sure there's a lot of idealism, but idealism is not what got Bitcoin to USD 20k. Idealism is at the heart of things and what keeps Bitcoin ticking when things are at their worst, but greed is what put Bitcoin in the limelight and got the mainstream's attention.

[ellabanana]

Being decentralized is the unique characteristics of cryptocurrency, so bitcoin was able to pass through obstacles because of the people who have faith on it. However, for the year 2018, I think bitcoin will be facing another obstacles, especially with the rise of other cryptocurrencies. But, I will just put my faith into it and wait until it regain it's glory once again.

[shahani]

For me, even bitcoin reaching into a higher value but still bitcoin connecting any other currencies most especially the real paper money, we know that all cryptocurrencies are depending on price movement of bitcoin, and it doesn't mean that bitcoin done a great job of not connecting any currency. Bitcoin today are stay in top level of all crypto, but bitcoin still connected to different currencies.

[bitcoindian]

Only Bitcoin is connected to complex alogarthim  for price maintenance so it is secured as being a currency