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Author Topic: To those who says Bitcoin is too expensive for a virtual item  (Read 2749 times)
pooya87
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March 11, 2017, 05:43:10 AM
 #41

•Eve Online Revenant Super Carrier – $9,000.
•Echoing Fury Mace from Diablo 3 – $14,000.
•Age of Wulin Sword – $16,000.
•Ethereal Flames Pink War Dog in Dota 2 – $38,000.
•Amsterdam from Second Life – $50,000.
•Crystal Palace from Entropia Universe – $330,000.
•Club Neverdie in Entropia Universe – $635,000.

these are good examples. i am going to include them in my answers whenever i am trying to tell someone about bitcoin and they have a hard time understanding why bitcoin is expensive and is going to be more expensive as times passes by.

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pinkflower
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March 11, 2017, 08:15:55 AM
 #42

ARE YOU SERIOUS? Those servers can go down anytime, why are they valuing those items at those prices? If there was a scam worse than altcoins then those are it! The good thing is it could make us more optimistic with Bitcoin even if it has its limitations. If a sword from Age of Wulin can be valued at 16,000 dollars then so will the first revolutionary cryptocurrency.
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March 11, 2017, 08:27:33 AM
 #43

I get a lot of people that tells me, " Bitcoin is a virtual item, how can a digital item be that expensive? "

My answer is always the same, " Do you understand Digital scarcity? " I then offer examples like this :

•Eve Online Revenant Super Carrier – $9,000.
•Echoing Fury Mace from Diablo 3 – $14,000.
•Age of Wulin Sword – $16,000.
•Ethereal Flames Pink War Dog in Dota 2 – $38,000.
•Amsterdam from Second Life – $50,000.
•Crystal Palace from Entropia Universe – $330,000.
•Club Neverdie in Entropia Universe – $635,000.

Source : http://www.therichest.com/rich-list/most-popular/10-of-the-most-expensive-virtual-items-in-video-games/ or a little video,

https://www.youtube.com/watch?v=VUNRl3kAATk&t=8m35s

No, we are not crazy, we just understand "Digital scarcity" and we profit from that. Bitcoin will NEVER have more than 21 000 000 coins in

circulation, give or take a few million, and THAT makes it rare.  Wink Do the math, and see where this is going.  Grin
That is right, those people who are more often complains that bitcoin is very expensive for being a virtual item then they didn't know how bitcoin works and what are the advantages of using it. If they will just study how bitcoin does it works then they will realize that they are wrong because in my opinion, the price of an item depends on its value or what are the good things in it just like bitcoin it have a lot of features like anonymity,volatility and it is virtual so i just need internet to do transactions.
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March 11, 2017, 08:32:42 AM
 #44

I get a lot of people that tells me, " Bitcoin is a virtual item, how can a digital item be that expensive? "

My answer is always the same, " Do you understand Digital scarcity? " I then offer examples like this :

•Eve Online Revenant Super Carrier – $9,000.
•Echoing Fury Mace from Diablo 3 – $14,000.
•Age of Wulin Sword – $16,000.
•Ethereal Flames Pink War Dog in Dota 2 – $38,000.
•Amsterdam from Second Life – $50,000.
•Crystal Palace from Entropia Universe – $330,000.
•Club Neverdie in Entropia Universe – $635,000.

Source : http://www.therichest.com/rich-list/most-popular/10-of-the-most-expensive-virtual-items-in-video-games/ or a little video,

https://www.youtube.com/watch?v=VUNRl3kAATk&t=8m35s

No, we are not crazy, we just understand "Digital scarcity" and we profit from that. Bitcoin will NEVER have more than 21 000 000 coins in

circulation, give or take a few million, and THAT makes it rare.  Wink Do the math, and see where this is going.  Grin

Those people who said that bitcoin is very expensive are actually right. But thats the one thing we love about bitcoin its increasing value. I dont mind people talking and criticizing about bitcoin but the important thing is that bitcoin gives me extra profit and has made my life free from debt. Bitcoin has changed my life and those people who are against bitcoin will just regret in time when bitcoin will be accepted in almost every shop in the world.
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March 11, 2017, 09:13:45 AM
 #45

Nowadays, as there is no World War or huge economic crisis, people tend to believe the virtual reality even more than the real world. I'll gave you an example. Once I made a soup and it looked dark blue to me and my mate. When we made a photo of it to send  to our friend, it looked red, just like it had to look like. And a friend said that rather our eyes have mistaken percieving the color than a camera.
That's why nowadays bitcoin costs a lot, just like other virtual things. And there is nothing wrong about it. It just shows that people believe in science and IT.

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March 11, 2017, 09:23:03 AM
 #46

If those people are paying bills for the internet connection or television connection then they have no right to make a complaint about the price of cryptocurrencies. It's not about the digital item or something like that. It's all about mutual trust that a particular thing posses. If we apply their logic then selling $10 worth of items for a paper note (written $10 on it) is also expensive.
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March 11, 2017, 02:23:45 PM
 #47

The price of bitcoin is really expensive because it is not your ordinary digital item. It has it's own market and it's value is very volatile. You can actually earn from it and use it as an investment compare to the other digital items that you can buy online. You;ll never know if you buy bitcoin now and keep it, after a year or two its value might double.
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