Bitcoin Forum
June 17, 2024, 03:50:23 AM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Poll
Question: Does BTC have actually any real value ?
no real value ; it's just an internet token - 1 (1.7%)
People think btc has value, so, it has value - 32 (55.2%)
btc is backed by time, so, it has value - 4 (6.9%)
btc has value, because, it costs to generate & confirm transactions - 21 (36.2%)
Total Voters: 58

Pages: « 1 2 [3]  All
  Print  
Author Topic: [POLL] Bitcoin has actually value ?  (Read 2805 times)
bitcoinmasterlord
Legendary
*
Offline Offline

Activity: 1148
Merit: 1006


View Profile
July 13, 2015, 10:56:52 PM
 #41

Bitcoin has no inherent value. Cost for creation and time doesn't matter as long as bitcoiners wouldn't believe bitcoins are worth what they are. Take that believe away and they are worth nothing. So these two answers doesn't matter really.

It's different from other things like bread or something that has a value outside of being a currency.

food and stuff like that have not an intrinsic value, they are only mandatory thing, which i find it to be different, in reality nothing has a real intrinsic value because, everything is only backed up by demand

everyhing is relative, for example for a robot foods is useless and thus it has no value at all

Though it's a difference. If you have bread then you can eat it in worst case. When you have bitcoins and no one wants them then you have nothing. The same goes for fiat paper. Things you need for your life, like things to eat, have a value in it's own. You don't need to sell them, you don't have to care about someone wanting it, you can use it for yourself.

they still have a relative value, not an absolute value, nothing has an absolute value, and with bitcoin if you think about it it's actually the same you can build something on the blockchain that would help to speed up your activity, if you need to move information to another side for example

Yes, a relative value. But that value is given to them because they act as a currency. Sure, bread is worthless to some maybe, but its worth is not lying in the believe that it's worth something. It's really worth something, it's independent from what others think about what it's worth. Bitcoin only has value because others believe so. So the value of bitcoin is given to them by believe. Other things though have a value that is independent of believe.

And the blockchain is bound to bitcoin. Without bitcoin the blockchain would stop to exist. It wouldn't matter anything anymore if it cost money and time to create bitcoins. It can be simply proven by checking out certain altcoins that dropped dead. No one cares anymore that they should have value because someone put work into it. If one would go with that argument then someone could build a house of mud and claim it has to have value since he worked 3 hours on it. It simply doesn't work that way.
pigzone
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
July 15, 2015, 11:12:55 PM
 #42

Of course it does its worth real money
Amph
Legendary
*
Offline Offline

Activity: 3206
Merit: 1069



View Profile
July 16, 2015, 08:05:03 AM
 #43

Of course it does its worth real money

so if it was not tied with fiat, you will not think that it has a real value?

value isn't based on how much bitcoin is worth in fiat, but on how much people will use it for their normal day activity
AtheistAKASaneBrain
Hero Member
*****
Offline Offline

Activity: 770
Merit: 509


View Profile
July 16, 2015, 12:20:09 PM
 #44

Of course it does its worth real money

so if it was not tied with fiat, you will not think that it has a real value?

value isn't based on how much bitcoin is worth in fiat, but on how much people will use it for their normal day activity

Value is always tied to something else. If no other currency ever existed than Bitcoin, then the value would be derived from what people is offering for X good or service, which is true value.
Currencies in itselves don't have any intrinsic value, same for metals.
pigzone
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
July 16, 2015, 04:35:57 PM
 #45

Ya everything has a value
scarsbergholden
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500



View Profile
July 18, 2015, 10:48:41 PM
 #46

For humans is easy to question value, what would happen if the earth did had free air to breath ? everyone would die right so why dont we value the air we breath and pay the government for it we are already paying for the water if we keep leaving in this system they are trying to control us with.

so if air gives value to life then anything that we create has a value .

Possum577
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250

Loose lips sink sigs!


View Profile WWW
July 18, 2015, 10:56:27 PM
 #47

You shouldn't allow people to vote more than once, it'll skew your findings.

Bitcoin, like every currency, metal, or item that has been traded in the history of humans has value ONLY because people assign it value.

aakashsangwan
Hero Member
*****
Offline Offline

Activity: 994
Merit: 1000


PUGG.io


View Profile WWW
July 27, 2015, 05:45:06 PM
 #48

I also think btc has a value and real value.
But you should add more options to the poll.

n2004al
Legendary
*
Offline Offline

Activity: 1134
Merit: 1000


View Profile
September 28, 2015, 01:37:06 PM
 #49

I think bitcoin has value. A real value ....... & u  Huh

The concept of real value is questionable. In the meaning that the value is defined having in mind from which point of view we are discuss. A me like the concept which is based to the market. So the real value of something is the value that this thing has in market. In this kind of view bitcoin has without doubt value (even great value). One bitcoin worth in this moment that I am writing 237 us dollar. This is an enormous value if we have in mind the value of us dollar compared with all the other currencies. So it is very important to have some bitcoins in your wallet and trying to increase those as much as you can.
richardsNY
Legendary
*
Offline Offline

Activity: 1232
Merit: 1091


View Profile
September 28, 2015, 01:44:29 PM
 #50

As long people are using power and invest their hard earned cash in hardware, Bitcoin obviously has value.
actmyname
Copper Member
Legendary
*
Offline Offline

Activity: 2562
Merit: 2510


Spear the bees


View Profile WWW
September 28, 2015, 01:55:05 PM
 #51

The people create the value of Bitcoin.

Supply and demand - the basics of economics.

Only if Bitcoin is used, then it will have value. Otherwise, it's just like collecting dead rats and trying to trade them at the supermarket.

Raimonn
Legendary
*
Offline Offline

Activity: 1456
Merit: 1001


View Profile
September 28, 2015, 05:33:44 PM
 #52

People interest in something creates its value. There is an increasing interest in Bitcoin. Some university have credits on bitcoin, lot of new startups working in bitcoin projects ....
Fatov
Sr. Member
****
Offline Offline

Activity: 354
Merit: 250



View Profile
September 28, 2015, 05:36:02 PM
 #53

Voted!
BTC have actually a big value
The value was made by us
People that use bitcoin,so simple.

I think the same, price will be higher, but not soon

Fatov was here
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
For private, fast and secure transactions DASH is King | Dashtalk
Miss Fortune
Full Member
***
Offline Offline

Activity: 224
Merit: 100


View Profile
September 29, 2015, 06:56:51 AM
 #54

I think bitcoin has value. A real value ....... & u  Huh

I think biticoin like any other currency it has its own value, and it depends on the economy whether the value of it will rise or fall.
mordekaiser
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
September 29, 2015, 08:08:27 AM
 #55

I think bitcoin has value. A real value ....... & u  Huh

Of course it has but not as stable as it is but it has value just like any other currency has value it may rise and fall it depends on the economy I guess.
Pages: « 1 2 [3]  All
  Print  
 
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!