Why is bitcoin worth? Welcome to discuss

[X-ray]

Someone has said bitcoin is of no value, in my heart I think they said is wrong, I always think that bitcoin is valuable, but I didn't understand what is the origin of the value of bitcoin, why accept more people, its value will rise? If you have other ideas, please discuss.

The origin value of bitcoin is on his advantages. But it will be useless if you're giving a serious feedback for whom are a lack of knowledge about bitcoin. With a lot of adoption will make bitcoin has needed by a lot of the people around the world. and for further information please read about the economy 101.

[Vaskiy]

Bitcoin as an advancement in technology which got existed for some sort of purpose to support the fastest transactions. This further got transferred to a better place as an alternate currency that slowly got acceptance in several merchants. On the other side giving user the hope of earning good through different possibilities. This makes it worthy.

[Schuyler]

Someone has said bitcoin is of no value, in my heart I think they said is wrong, I always think that bitcoin is valuable, but I didn't understand what is the origin of the value of bitcoin, why accept more people, its value will rise? If you have other ideas, please discuss.

Bitcoin is a digital currency which is you can use in trading, investing, paying bills,etc.  It has no value if people do not know the importance  of bitcoin.  They accept more people not only the increasing of its value but because of the good benefits. 

[coynedterm]

Someone has said bitcoin is of no value, in my heart I think they said is wrong, I always think that bitcoin is valuable, but I didn't understand what is the origin of the value of bitcoin, why accept more people, its value will rise? If you have other ideas, please discuss.

The person who says that" the  bitcoin has no value " is right because it is our faith in the bitcoin .
All the bitcoiner have faith with each other that if he will sell than other will accept bitcoin without any problem .
So this type of trust to accept bitcoin by each other is making bitcoin valueable .
Further if you will see at the base of the bitcoin than you will not find any proper community that control its price . Because bitcoin is like a thing in the internet in controlled amount and its price increase and decrease according to the demand in online market which is similar to the product in the real practical world .
So this is our trust in bitcoin that making it valuebale .

[sabbirshm]

I think we don't need to be worried for those layman's talks.Bitcoin has it own importance which is known to all bitcoin user.Bitcoin has value like gold,people are accepting bitcoin cordially because of bitcoins advantage.There is no complexity on it and government can't control it so you have no border for using bitcoin.

[PacePay]

They said it wrong because they do not know the current value of it and they do not know that how much people are getting benefit from this currency and do not know that bitcoin is playing a major role in regulating the online business of the world. Many of the people have now access to the online shopping centers and earning opportunities. Before bitcoin it was not able for people from most of the countries to shop in international shops to buy with paypal.

[Edraket31]

I think we don't need to be worried for those layman's talks.Bitcoin has it own importance which is known to all bitcoin user.Bitcoin has value like gold,people are accepting bitcoin cordially because of bitcoins advantage.There is no complexity on it and government can't control it so you have no border for using bitcoin.

For now we have no border, so let us just enjoy things. If it was already regulated or if the government is holding the bitcoin already I don't think that there are no limits in bitcoin, some rules will change if that would happen, at least the bitcoin will become part of the society and will lead the digital currency world.

[Erza]

Bitcoin is worth because it is a great investment, and the one that make bitcoin valueble is the bitcoin users, the more demand the moere valuable the price, the reason why people is looking for bitcoin is because the user find that it is very easy to do transaction using bitcoin and we don't need to be afraid of identity theft, because we don't provide any identity to do transaction

in fact bitcoin is giving us multiple benefits, we can use bitcoin in trading, for investment, for gambling and for lending, it is depending on the interest of the people if some one is interested in trading then can make good money from trading.

I think that is not a benefits though because without trading or investing or even gambling it we can't get anything from bitcoin, not all people are going to believe you if you are paying with bitcoin too. For some people bitcoin does not have any benefit for them though. But if you are using it for some transaction may be this is useful for you but mostly people are just stacking up a lot until good price so I think for now it is not yet really useful for us here becaus everyone still want to fet more and more

[hardtime]

It's just like a fiat currency when it comes to discussing worth, it's only real worth as much as the people who use it and control it say it's worth. Nothing just holds worth based on that's just what it is, that is the going price for the buying and selling of bitcoin and people must follow it.

Unless the demand and such changes then that forces the worth of bitcoin to adjust.

[xuan87]

if you can spend bitcoin then bitcoin has a value, the reason why bitcoin has a value because everybody is accepting and treating bitcoin as money, and the value is determined by the transaction rate and the demand and supply, so if more people using it, it will be more valuable, and I believe when someone knows the advantage of bitcoin more people will join to used bitcoin

[PhucS]

Someone has said bitcoin is of no value, in my heart I think they said is wrong, I always think that bitcoin is valuable, but I didn't understand what is the origin of the value of bitcoin, why accept more people, its value will rise? If you have other ideas, please discuss.

If someone says Bitcoin has no value, I believe that they did not know about it. If they have a little knowledge about Bitcoin, sure that view will be changed. Bitcoin is very valuable and is increasingly growing. There are many who believe that the value of Bitcoin is calculated by the amount you can change out from it or otherwise prices of Bitcoin  when converted into cash. In fact it is only part of Bitcoin, its real value is the technology, the global network. Its value lies in the usefulness, convenience, safety and security of the payment and purchasing. No bank, the State can intervene in Bitcoin.
Its price increased when more people accept is one thing of course. You imagine the coin is like a company's shares, while more and more people want to buy stocks that, are of course the stock price will increase

[noictib]

Someone has said bitcoin is of no value, in my heart I think they said is wrong, I always think that bitcoin is valuable, but I didn't understand what is the origin of the value of bitcoin, why accept more people, its value will rise? If you have other ideas, please discuss.

I think the person who said that bitcoin has no value is right because it is our network who is making bitcoin valuebale by trust to each other , So don't take your attention toward that person who is saying bitcoin has no value or useless .
If that is not using bitcoin than he has the right to say anything about bitcoin , but who are in the bitcoin and knows that bitcoin is what and how it is better than fiat , should need to explain to those types of persons in positive ways .
Because to know and understand about bitcoin is a big thing in the bitcoin for newbie .
Overall I mean  , you should explain that person in positive ways .

[rajasumi3]

Bitcoin is worth what people respect it to be .bitcoin can be worth a million dollars and bitcoins can be a few dollars .it depends on us that which priority is are we going to give it to bitcoins .so it is very important that we make it popular.

[DevelopFI]

Newb here.
Does the fact BTC has a limit on how many coins it is possible to mine mean it's value has to keep growing proportional to the fiat value it is being put into it? Cant figure how to word this correctly. What i mean is if there are more and more people using it for everyday purchases, there surely has to be an increase in price, right? Current $17B market cap seems no where near big enough to support mainstream usage. Since printing money is not an option like with fiats, only way for market cap to grow (by a lot, since mining the rest of it will take time) is to increase the price of Bitcoin. Do i have that right?
 Also, is it possible for the Bitcoin Core devs to disregard the 21M limit and increase the reward back to 50 BTC? (theoretically)

[soul-impact]

if you can spend bitcoin then bitcoin has a value, the reason why bitcoin has a value because everybody is accepting and treating bitcoin as money, and the value is determined by the transaction rate and the demand and supply, so if more people using it, it will be more valuable, and I believe when someone knows the advantage of bitcoin more people will join to used bitcoin

I agree. The more people use bitcoin, the higher prices Bitcoin can be. Therefore, if we want to make Bitcoin more valuable, we must encourage a lot more people to join the digital world and teach them how to use bitcoin. In the future, I hope that we can witness more and more people accepting Bitcoin and the prices will be more than $10000

[gabmen]

Someone has said bitcoin is of no value, in my heart I think they said is wrong, I always think that bitcoin is valuable, but I didn't understand what is the origin of the value of bitcoin, why accept more people, its value will rise? If you have other ideas, please discuss.

well i think the person who said that bitcoin has no value hasn't seen or experienced yet what bitcoin can do them. at first i didn't take btc seriously as well but as i go on using it, i realize it's potential both in earning money and in making transactions like money transfer easier and cheaper. And with the price of bitcoin going up, this means that more people are realizing it's worth

[andycarrol]

Someone has said bitcoin is of no value, in my heart I think they said is wrong, I always think that bitcoin is valuable, but I didn't understand what is the origin of the value of bitcoin, why accept more people, its value will rise? If you have other ideas, please discuss.

I'm sure someone who says bitcoin has no value are those that do not know about bitcoin and never benefit from bitcoin. I am sure if they know about bitcoin, they won't say it like that. bitcoin is worth for me, because my life has changed with bitcoin and be better in terms of finance and Economics.

[Lionidas]

I think bitcoin is worth as much as one individual values it.
What you do with it makes it more valuable to you.
Am I right in this way of thinking?

[(altair)]

Well bitcoin is totally worth it and for those who told you that bitcoin doesn't have value doesn't really know bitcoin at all,
Just simply ignore those who always bring you down those who always tell's you negative stuff's about what you want it's your life just do what you want as long as it is not bad.

[sukamasoto]

Someone has said bitcoin is of no value, in my heart I think they said is wrong, I always think that bitcoin is valuable, but I didn't understand what is the origin of the value of bitcoin, why accept more people, its value will rise? If you have other ideas, please discuss.

My goverment still not trust bitcoin as bitcoin can be use for something bad like money laundry or funding terorism activity
In other side , people who know bitcoin can think better since they have potential just like other investment ( gold , jewel etc )
But it's difficult to see bitcoin grow is full capacity if goverment still not support it