Why is bitcoin worth? Welcome to discuss

[deisik]

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 us simply put things this way anything and I mean anything will have value as long as there is a demand for the thing/item. It is how people want it or rather how many people want it that makes it more valuable. For example a lot of as when we look as Comics we first see is that it is worthless but if you are in the right market and you have a rare comic book then for them it will be valuable. Same as Bitcoin the price of Bitcoin is based on the demand of it.

I disagree with the anything part, you give the example of comics, but comics are a form of art that comes from the US, similar to manga that comes from Japan, comics are not the Mona Lisa but are still a valid form of art and a way to express ourselves.

I don't get why you dispute the point about comic books being valuable. It is valuable for your information. Try googling how much Superman #1 was auctioned off, see for yourself how much it was worth. You basically did not even have any point in your post. Like what Theb is saying, we value things not because of their use or what, but it depends on the person buying the thing. If he values it that much, it is his choice.

My point was that there are more than one way to value things, not only monetary value, a comic book that is worth just a few dollars and will never be worth more than that has value not only in terms of dollars but also in terms of artistic vision.

I really don't think we should be comparing bitcoins to a rare comic book since they are two completely different things

Both of them have price tags, and that's enough to compare them

Whether it is "artistic vision", speculative capacity, or whatever doesn't really matter. The primary reason why such comparisons make sense after all is that any such qualities can be reduced to use value. Use value can be anything, but basically, it is what you buy something for. If you buy a rare edition of a book (even if it is a comic book), you buy it to enjoy "artistic vision" (most likely, just to brag before your friends for having such a rarity). If you buy bitcoins, you are likely going for profits and want to earn money through them. But ultimately, it is still the same use value. A rarer thing may derive its value from its rareness since its owner can claim himself to belong to upper circles of society by paying a pile of money for it. Common things are valued for more practical reasons and purposes, but it is still six of one and half a dozen of the other

[mariahh]

I believe that bitcoin has value and I think that this is obvious.Bitcoin it's a new idea that has spread all over the world and is used by many people.Moreover contributes a compatible amount of money to people and help the e-market system.Even if it lost all his money value it will remain always a forum to discuss interest things.

[zekeshawn]

For me bitcoin is worth it to learn and to use because it gives us the opportunity to have a decentralize money that we can use now and in the future. I believe that people will acknowledge bitcoin as the days goes by since there are plenty of country recognizing it.

[jovs]

The value of bitcoin is in it acceptable, if bitcoin is not accepted as for exchange for goods and services, then it has no value. Just like in times past were the only means of exchange for goods and services is through batters trading. People create values on gold, silvers and stocks if it original sense it has no value. Bitcoin is increasing in values this day because of the force of demand and supply.

Bitcoin is developing in the sense that more changes happens every day. People need to update their selves on the new things that is happening mainly on the transaction, price and the security of the Bitcoin. Mostly traders and investors our the one who has the main objective to get to know Bitcoin more or even its rate and price. So it's not a new thing for others to be informed about Bitcoin and to educate for other purposes.

[Shutup]

Bitcoin is very worth now because of the price is increasing.Its really  easy to be cash.Just wait for a moment transaction and its easy to get it cash.Especially to bitcoin holders this is worth much.People worth it because it cost expensive when time comes.Bitcoin will be worth to all the world because this will become the nationwide currency.

[DrGuns4Hands]

bitcoin is the most precious thing that happen in our society. imagine that bitcoin became so popular because of its advantages thats why bitcoin worth is very precious. we can send money through bitcoin with a low cost and also we can make money through bitcoin itself because bitcoin price is not stable and it meant to be grow not to be down.

[Teraboy]

Bitcoin is very worth now because of the price is increasing.Its really  easy to be cash.Just wait for a moment transaction and its easy to get it cash.Especially to bitcoin holders this is worth much.People worth it because it cost expensive when time comes.Bitcoin will be worth to all the world because this will become the nationwide currency.

What about swiss and china, Look they already tried to issued their own crypto currency that means the countryt will not be pegged with the bitcoin. But i just hope the country crypto will have a relationship with the bitcoin. that gives a lot of benefits for the crypto.

[ethereumhunter]

we can not judge for people that telling bitcoin is not worth, what we can do is we need to stick with our opinion and if we are say that bitcoin is worth then we should believe this. people right now is interesting with bitcoin because the price is increase too high in this year and this makes them to join into bitcoin world and now they are using bitcoin too like us.

[Ayiranorea]

I would like to ask those who say that Bitcoin is worthless. If there is some specific reason that's acceptable then we can discuss in a better way why bitcoin is worth than most other digital currencies as well most other digital assets and investment available.

[decoder88]

Bitcoin is very worth now because of the price is increasing.Its really  easy to be cash.Just wait for a moment transaction and its easy to get it cash.Especially to bitcoin holders this is worth much.People worth it because it cost expensive when time comes.Bitcoin will be worth to all the world because this will become the nationwide currency.

What about swiss and china, Look they already tried to issued their own crypto currency that means the countryt will not be pegged with the bitcoin. But i just hope the country crypto will have a relationship with the bitcoin. that gives a lot of benefits for the crypto.

That would certainly happen fot future but as of now, we have to wait it since they need time to adopt it. Amother thing, modernizing technolgy for crypto currency is needed to this currency would be beneficial and signifivant for us since it can be used in everyday's life.

[Nathland]

Bitcoin is one of the fastest growing investment a person can ever make. You can expect your principal amount to double within a small span of one to two years. Bitcoin is becoming more and more popular everyday which makes it a must make investment for future. It's worth every penny a person is willing to invest in it.

[malikusama]

Value of something depends upon its demand in the market, gold have reached to its value due to its high demand in the world. Bitcoin is not that much popular because majority of world is not aware of it but hopefully in future it will get its place what it deserves, because i haven't seen such potential in any currency of the world which bitcoin has.

[Basmic]

Bitcoin is one of the fastest growing investment a person can ever make. You can expect your principal amount to double within a small span of one to two years. Bitcoin is becoming more and more popular everyday which makes it a must make investment for future. It's worth every penny a person is willing to invest in it.

If everything is as you say that bitcoin is just a pyramid. Now wait longer, but then everything can fall apart in a moment. Without the development of trade and job offers bitcoin economy, crypto currencies can not be built.

[megynacuna]

Value of something depends upon its demand in the market, gold have reached to its value due to its high demand in the world. Bitcoin is not that much popular because majority of world is not aware of it but hopefully in future it will get its place what it deserves, because i haven't seen such potential in any currency of the world which bitcoin has.

So in effect Bitcoin is worthy or worth something because of its demand on the market. With the current growth in interest all over the world it places Bitcoin in a vantage position to keep gaining value sporadically as it is currently doing.

[Joshapat]

Because many who like and indeed proved to be the most profitable investment, every day a lot of media that tell about bitcoin so that users continue to grow.

[freedomno1]

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.

People who don't understand the value of a dollar and a bad peer group can lead people to make dumb decisions are they Financially Independent or do they live pay check to pay check you want to listen to the people who are the most successful as they will return growth in the long run, and fake it till you make it.

It's utility is the ledger a record that requires no oversight other than miners to utilize it, services build around it because its lightweight and getting easier to transact with and people use it because they like the idea of their own control without oversight and fees. We are early yet so the value will keep on rising.

[syaripudin]

Worth it or not it depends on ourselves. Bitcoin will have a value when the willing to work hard and start thinking creatively. But bitcoin is worthless if we just sit still and sit idly while waiting for rain from the sky. So what you are asking is all back to our respective thoughts

[rodel caling]

Well, for those who do not know bitcoin, of course they would think that bitcoin it has no value. but, when they have gained bitcoin, and know how it works, I am sure, they will drag their words, and would say that bitcoin is worth something, even to say, bitcoin is the best on the internet. I feel, they know very little knowledge about bitcoin.

I agree with you sir,.. i'm a newbie, but based on my research about bitcoin is helping to earn more profit,.. using via online... and yes i ask my friend what is the value of bitcoin,.. and he said me you need to research and about the value of bitcoin...

[BeGoods]

bitcoin is the most precious thing that happen in our society. imagine that bitcoin became so popular because of its advantages thats why bitcoin worth is very precious. we can send money through bitcoin with a low cost and also we can make money through bitcoin itself because bitcoin price is not stable and it meant to be grow not to be down.

If bitcoin is worth because of low cost and fast transactions of course this time it is not applicable because the higher the fee and the transaction slows down. That means bitcoin is no longer worth it? I think that makes bitcoin worth more than just a currency or payment option but a profitable commodity

[szpalata]

bitcoin is the most precious thing that happen in our society. imagine that bitcoin became so popular because of its advantages thats why bitcoin worth is very precious. we can send money through bitcoin with a low cost and also we can make money through bitcoin itself because bitcoin price is not stable and it meant to be grow not to be down.

If bitcoin is worth because of low cost and fast transactions of course this time it is not applicable because the higher the fee and the transaction slows down. That means bitcoin is no longer worth it? I think that makes bitcoin worth more than just a currency or payment option but a profitable commodity

Bitcoin's value grows by the demand for it in the markets and so I think since more investors are looking to profit from its volatility and are thus joint day byvday that's where it's worth is actually coming from because they are constantly in demand and its astronomically shooting its prices high.