Bitcoin Forum
May 25, 2024, 09:59:26 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Other > Beginners & Help > Do you know if bitcoin has an intrinsic value and where it comes from?
Pages: « 1 2 [3]  All
« previous topic next topic »
  Print  
Author Topic: Do you know if bitcoin has an intrinsic value and where it comes from?  (Read 2066 times)
Harley997
Sr. Member
****
Offline Offline

Activity: 266
Merit: 250


View Profile
June 09, 2014, 04:56:31 AM
 #41
Quote from: Bitcoin For Dummies on May 27, 2014, 01:33:03 PM
Well watch this video https://www.youtube.com/watch?v=2R3Zg1KL_KE and discuss below Smiley

The value of BTC is derived from the security of the network.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
PRIMEDICE The Premier Bitcoin Gambling Experience @PrimeDice
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Dannie
Legendary
*
Offline Offline

Activity: 910
Merit: 1000


View Profile
June 09, 2014, 10:14:22 AM
 #42
Quote from: Trading on May 31, 2014, 03:20:47 PM
Who cares for "intrinsic value"? It's all about supply and demand.

Do you know something with more intrinsic value than air? You die in a few minutes without it. But it's worthless, because supply is overwhelming.


Very well said.
The market price is governed by both demand and supply. It is meaningless to only check one side and ignore the other side.
  BITMIXER.IO   High Volume Bitcoin MIXER  
Pages: « 1 2 [3]  All
  Print  
Bitcoin Forum > Other > Beginners & Help > Do you know if bitcoin has an intrinsic value and where it comes from?
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!