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carlisle1
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February 04, 2018, 08:25:01 AM |
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I ask you a question, why does gold have value? Because over time it was socially accepted that gold for n reasons had some value and when it is traded at a price that the seller wants to sell and the buyer wants to buy it is there its value. Bitcoin has this value because people believe it has value, simply that. If everyone thinks equal to who told you that he has no value, he really will not have it.
and just like gold,bitcoin is too hard to mine,thats why they have similar characteristics their value is the same because of being rare.the only difference is,bitcoin has limited supply while gold have none as long as people will continue to seek for another location that might have gold reserve area..thats what i think is the reason why |
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Dread Pirate Roberts
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February 04, 2018, 08:29:34 AM |
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I answered about the bitcoin. why would it continue to increase the price ?
because the base bitcoin is limited.
only 16 million and block mining now even more difficult. so it is very possible bitcoin price will more higher than right know.
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Peter8226
Newbie
 Offline
Activity: 28
Merit: 0
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February 04, 2018, 08:35:28 AM |
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Because It is not easy to understand all of the Platform/System that implement by bitcoin. When people do not know, they may fear this technology.
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mx667
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February 04, 2018, 09:26:27 AM |
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I answered about the bitcoin. why would it continue to increase the price ? Because the base bitcoin is limited. Only 16 million and block mining now even more difficult. so it is very possible bitcoin price will more higher than right know. I ask you a question, why does gold have value? Because over time it was socially accepted that gold for n reasons had some value and when it is traded at a price that the seller wants to sell and the buyer wants to buy it is there its value. Bitcoin has this value because people believe it has value, simply that. If everyone thinks equal to who told you that he has no value, he really will not have it.
First, Bitcoin has many advantages over the common currency. Both Bitcoin transactions are not limited by anything and differ greatly from the bank. There is no limit on the amount of money in each transaction, no limitations of transactions per day, no time limit in a day, no age limit, no full and original identity, can not or difficult to trace. Thirdly, because of that, the government will not be able to intervene and intervene on this matter. But if there is a crime involving Bitcoin, the government will certainly use various ways to investigate and intervene to Bitcoin. And the last is the Bitcoin price continues to increase. For that Bitcoin became very popular and contested. |
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cherrymobile
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February 04, 2018, 10:45:44 AM |
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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 really worth it for me .It gives lots of earnings that can help my family too. It also has an advantages to different people who used this like it gives fast transactions. Other than that this bitcoin lessen unemployed people. |
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corall
Newbie
Offline
Activity: 42
Merit: 0
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February 04, 2018, 11:34:27 AM |
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I think bitcoin is a new gold
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Kalemder
Legendary
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Activity: 1862
Merit: 1727
Be A Hope
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February 04, 2018, 12:00:41 PM |
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Bitcoin is valuable because it is limited.
BitCoin is valuable because it can be transferred quickly.
BitCoin is valuable for being popular.
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Sled
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February 04, 2018, 01:22:00 PM |
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Bitcoin is valuable because it is limited.
BitCoin is valuable because it can be transferred quickly.
BitCoin is valuable for being popular.
Bitcoin is valuable because the people are believing in bitcoin and that is the reason that i think about the answer for the question why is bitcoin worth, if there is no demand from the people then the bitcoin will not have some worth or value and because of the demand of people that are believing in bitcoin it is giving the chance for bitcoin to get some worth. |
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LuffyD.Monkey
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February 08, 2018, 05:35:27 AM |
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Bitcoin is valuable because it is limited.
BitCoin is valuable because it can be transferred quickly.
BitCoin is valuable for being popular.
Bitcoin is valuable because the people are believing in bitcoin and that is the reason that i think about the answer for the question why is bitcoin worth, if there is no demand from the people then the bitcoin will not have some worth or value and because of the demand of people that are believing in bitcoin it is giving the chance for bitcoin to get some worth. Bitcoin is not just valuable at this time it is the precious currency of world and if the motion continues with the same momentum that day will be no far when everyone will use bitcoin as currency bitcoin has made its place in the minds of people it has maximum profit return rate and more of it it is true and natural savior which give people remedy in time of financial needs and I am pretty satisfied that I invested in bitcoin. |
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niz3r_nade
Newbie
Offline
Activity: 162
Merit: 0
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February 08, 2018, 06:16:14 AM |
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On who does not know bitcoin says that bitcoin its value, but when they see evidence that someone is succeeding in bitcoin, all words will be pulled from their mouths, even that person may also want to join the very small people.
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PalindromemordnilaP
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February 08, 2018, 02:19:43 PM |
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It's worth not only for a short term investment but it's more worthy for a long term one because bitcoin is at its best in a long term type of investment. Just imagine if you have already known about bitcoin and have invested on it before its market value even reached 1$ and decided to sold it right now.
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weiweianll
Newbie
Offline
Activity: 168
Merit: 0
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February 08, 2018, 02:31:24 PM |
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BTC's value is to set up the digital central bank, BTC transfer is faster!
And decentralization and anonymity, effective protection of privacy!
Bitcoin has somewhat alleviated the inflation caused by fiat money.
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huzurkan
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February 09, 2018, 09:19:50 PM |
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bitcoin is limited unit. there is a low transfer fee. bitcoin isopen source. all transactions appear on the network. and bitcoin is decentralized.
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hudas10
Member
Offline
Activity: 118
Merit: 10
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February 09, 2018, 09:31:57 PM |
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bitcoin is decentralized and we using bitcoin for a new generation of transactions and low fees and fastest way to money transfering and now more digitalcoin is developing because of bitcoin making a new economy system
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illete
Member
Offline
Activity: 115
Merit: 15
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February 09, 2018, 10:07:16 PM |
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Bitcoin is the name of financial freedom,Highly global acceptance.If you travel no need to exchange the currency you can convert in the cash and also can shopping.
These features make it worthy,It is expected in future it will more worthy due to it increasing prices.
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lenovo16
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February 09, 2018, 10:28:38 PM |
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Bitcoin investment is worth it because it can really bring you a good income. Aside from that, bitcoin give an opportunity to every one to sustain their need in everyday life living. It offers you to have a financial freedom and stability.
I think they are just saying that because not yet experience the help that bitcoin can give.
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lucas_lewit
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February 09, 2018, 11:30:39 PM |
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I also do not really understand the value of bitcoin, which I know all of it comes from the many people who trade bitcoin. Because there is already a graph on demand and supply for bitcoin. So it affects the current bitcoin value.
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heraldlazaro25
Member
Offline
Activity: 134
Merit: 10
ODEM.IO - UNLOCKING HIGHER EDUCATION
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February 10, 2018, 12:14:48 AM |
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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.
For me, bitcoin is a worth and a blessing for me also. It is because not it helped me earn my own money for me to sustain my daily needs. I also had the capability to save money for my future for me to have a better life someday. |
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ethereumhunter
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February 10, 2018, 12:35:52 AM |
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I think if people in the real world know gold, then people in the online world know bitcoin and both gold and bitcoin is a gem which is worth to buy. but some people in the real world have the misunderstanding about bitcoin and they only say that bitcoin will scam you and makes you lost your money.
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princesspoppy
Member
Offline
Activity: 634
Merit: 10
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February 10, 2018, 12:40:48 AM |
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Bitcoin has value and no one can change that, even if millions of people don't know or are against it. It is simple, if people can use it in exchange of something, meaning, it has value and that value is being used/ has been used. It is like penny/fiat money (where in is just a piece of metal/paper) that has been given a value that is widely use and accepted. Bitcoin is just like money, it is widely use but the problem is that it is not widely and totally accepted, also it is intangible that makes it hard for people to consider it as a valuable thing.
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