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=8m35sNo, 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.
Do the math, and see where this is going.
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.