Why is bitcoin worth? Welcome to discuss

[coolcoinz]

My goverment still not trust bitcoin as bitcoin can be use for something bad like money laundry or funding terorism activity

You don't need to trust something for it to have a value. Years ago there was a site that was selling pixels for money, and you could spend a dollar there and be listed as an owner of a share, that didn't really give you any benefits. There are strange things in this world that have value to a group of people, like sports and movie gadgets to its fans, baseball cards, and many more.
Why Bitcoin has a value? Because a group of people believe in its capabilities.

[Nathan047]

Bitcoin has value because people accept it as a payment. Same as Fiat & Gold.

[Sled]

Why bitcoin have a worth? Because there are people like us who are interested in using of bitcoin which leads to buying and selling of bitcoin and because of the demand of the people, bitcoin worth is getting higher and higher; year after years. So another possible interpretation to your question is, Why bitcoin is worth or worth it to use. Bitcoin is very worth it to use or adopt because it offers a lot of features which can help our lives in daily basis and also it has a great security feature which you don't need to expose your personal information just to transfer or receive money.

[Aamir1]

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.

It has value in many ways for different kind of people with different mentalities. It has value for some people because it has a high price, It has value for someone people because it keeps fluctuating and they can earn profit through this. And it has value for someone people just because they are earning money even if they are not doing anything as the price is growing gradually.

[maku]

Bitcoin has value because:
- it is useful, as currency, as store value and is treated on par with physical commodities like precious metals
- it it is limited - there is high chance that because of that trait it will be much more expensive in the future
- it  is decentralized - hard to track, useful as a safe haven investment or method for tax evasion
- it is used as equity investment - high volatility makes it good speculation tool

[CyberKuro]

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 has huge potential of value, and now we've been sitting on $980, who said it has no value?
Bitcoin price will increase anytime when more people buy/invest in bitcoin which created bigger market cap.
Simple economics rules, supply and demand, these rules affected bitcoin too, high demand and limited supply make bitcoin price always increases.

[blackhawkeye1912]

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.

Yeah, they are absolutely wrong about knowing in bitcoin. Bitcoin was really valuable even at this point in time. It is just simple, the creator saw the aspect financials problem of the people all around the world. So He formed up the unique features of bitcoin such, anonymity, flexibility, easy to setup,money transfer, security, and safety of the currency and Bitcoin was DECENTRALIZED this is the main, main reason why people get involve themselves here even the other biggest company or the masses in the other country adopting it.

[error08]

Of course Bitcoin is a value, in fact it is determined with certain value. With Bitcoins you can pay for stuff so it's obvious that it has a value and at the moment it's the most valuable cryptocurrency.
What is worth particulary to everyone of us that is a different story but I'm sure that for no one is worthless.

Those people that are going to say that bitcoin is worthless are just the ones that doesn't know what bitcoin is and what is the true value of it. But for us who knows the reality with bitcoin, we all know what's the true value or worth of bitcoin for us. We are using it as alternative currency for buying things online and also as an investment.

The value of bitcoin measured by how much money invested in it, how much people use it, how much stores accept bitcoin payment as it is a digital currency. Bitcoin had gained the value from the first time back to 2009 when it joined the market.
There is no doubt of how valuable bitcoin right now, highest exchange rate compare to others currencies, bitcoin is worth obviously.

[bitbunnny]

Bitcoin is worth according to demand and conditions on the market. It's vsl is real and it's measurable in comparison to fiat currencies. With Bitcoins you can buy some real things and you can exchange it for fiat money or services so it realy has concrete value. And for some people also has some personal value too.

[Vaccinus]

Bitcoin has value because:
- it is useful, as currency, as store value and is treated on par with physical commodities like precious metals
- it it is limited - there is high chance that because of that trait it will be much more expensive in the future
- it  is decentralized - hard to track, useful as a safe haven investment or method for tax evasion
- it is used as equity investment - high volatility makes it good speculation tool

i want to add that currently bitcoin is mainly used as a speculation tool and as a store of value, not so much as a currency, i don't have data but many people are just dumping for fiat rather than using their coin on the various online shop, as of now bitcoin is very good at store of value because of the potential of its value in the future and the best alternative to gold for me

[jeraldskie11]

Bitcoin is worth, it has a big value. It change someone's life like me. Bitcoin is a cryptocurrency, it is found in the network only. You can't buy in the market using bitcoin and that why some people say it has no value. But if you could know the world of bitcoin, you will know that it is so beautiful. If you wanted to be rich then start learning about bitcoin because many people became rich because of bitcoin.

[Vikingr]

For increasing the price of bicoin one method is to accept it by more and more people and holding it as an investment as mentioned in your post while the other way is to increase the use of bitcoin in the market as with that people will have demand for it and the price in that case will increase.

[zuyfg888]

Bitcoin is woth it because its growing, you can see that before the rate of bitcoin not as good like today, so it means if you know how to handle bitcoin and you take good care of it you will know what's the real worth of bitcoin.

[JL421]

There are so many reasons why bitcoin is worth to me or for many people:
First it's price : Most people find bitcoin worth because of it's past and also it's present price and it's return which is really good.
Anonymity : Of course you can completely call bitcoin is anonymous payment method but I does provides basic privacy like many people are scared of gambling coz of society , etc bitcoin is really has this anonymous feature which is helpful for them.
Acceptable : Bitcoin is now currently accepted in many places compared to the past which makes buying of goods more easier.

[bncbnc]

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 has huge potential of value, and now we've been sitting on $980, who said it has no value?
Bitcoin price will increase anytime when more people buy/invest in bitcoin which created bigger market cap.
Simple economics rules, supply and demand, these rules affected bitcoin too, high demand and limited supply make bitcoin price always increases.

yes there is no doubt about this the price of bitcoin is really increasing. the present downfall is a temporary downfall. and after some days the price of bitcoin will again start increasing and i am hopeful that after some days the price  of bitcoin will start rising again.

[Erza]

Bitcoin has value because:
- it is useful, as currency, as store value and is treated on par with physical commodities like precious metals
- it it is limited - there is high chance that because of that trait it will be much more expensive in the future
- it  is decentralized - hard to track, useful as a safe haven investment or method for tax evasion
- it is used as equity investment - high volatility makes it good speculation tool

Yes may be it useful for some of us that is because it is worth enough. And that is why the price is higher because of it is limited in this world, only some of them that hold huge amount of it. And why it is different with some altcoin? I am sure altcoin have this kind of thing too and they even have more step to make sure that their coin will be worth in the next few years. But why they cant become as huge as bitcoin?

Bitcoin will be worth more if the popularity in this world become higher and the coin become rare. This is only way to make bitcoin price will be worth

[ipanks]

Bitcoin has value because:
- it is useful, as currency, as store value and is treated on par with physical commodities like precious metals
- it it is limited - there is high chance that because of that trait it will be much more expensive in the future
- it  is decentralized - hard to track, useful as a safe haven investment or method for tax evasion
- it is used as equity investment - high volatility makes it good speculation tool

Yes may be it useful for some of us that is because it is worth enough. And that is why the price is higher because of it is limited in this world, only some of them that hold huge amount of it. And why it is different with some altcoin? I am sure altcoin have this kind of thing too and they even have more step to make sure that their coin will be worth in the next few years. But why they cant become as huge as bitcoin?

Bitcoin will be worth more if the popularity in this world become higher and the coin become rare. This is only way to make bitcoin price will be worth

i am sure that the popularity of bitcoin user will be grow than now because people want to search better investment than gold and i think with the bitcoin price now, they will thinking about using bitcoin as their investment and this will make bitcoin user is grow and in the end, the mass adoption will be happen soon.

[Bitcoin-F]

Being decentralized and backed by mathematical cryptography instead of central banks if very valuable.

[bestluck]

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.

yeah right they have said it wrong because bitcoin is of a high value and are giving better benefits to the investors and the users of bitcoin while those who do not know about bitcoin do not know that bitcoin is of a great benefit so they will say like that which is wrong.

[dearbesz1219]

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.

Let me share to you something, before Diamond and Gold don't have any value its just nothing, priceless in short. But when people gave it a value started from one person only, others followed what he/she did too up to now both of them has high value in the whole world. It is the same thing with bitcoin they accepted it because they believed it  has value even cannot be touch unlike gold or diamond still has value. meaning it depend on how people believe in it.