How does Bitcoin have any value?

[luigidosado]

Bitcoin's value depend on its users demand. The demand is being dictated by the number of buyers and sellers in the market. It depends on how many people is willing to pay for it because they think that it will increase its value as time goes by. In additional to that, are the companies around bitcoin that offers different services to its users.

[aanbudi]

Bitcoin has value because it is like a valuable item that can be traded. Surely with limited supply and how to get it that difficult, make Bitcoin more expensive. That's what makes Bitcoin worthwhile.

[nix_7878]

Bitcoin doesn't have a physical value like cash, but the demand gives a value to a bitcoin like mining, trading or buying bitcoin.

[cizatext]

Bitcoin value is drive mostly from it demands and supply, and when the is high market demand of bitcoin it value tends to increase just like every other commodity in the market e.g gold and real estate bitcoin value is subject to demands. When the demands are high the value increase, and again since bitcoin is decentralized and can not be printed by government or any body to avoid inflation the supply is limited and when ever the demands increase it must reflect on bitcoin value.