What makes Bitcoin valuable?

[Blackhammer321]

What really made bitcoin so valuable is the investors and people who makes the price increases and decreases. The high demand for bitcoin made the prices incredibly high and pretty fast to burst that is why 2017's last quarter is great time for bitcoin to blow because of popularity it got the whole year and the trusts it gain. Nonetheless, bitcoin will be less valuable as many ICO's are proposing.

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[maichimoto]

Everyone in the crypto space has had people tell them that Bitcoin is worthless or that it doesnt have any true value.

Of course, thats infuriating to hear, but for investors new to the space, its sometimes hard to craft a good answer.

So heres a little cheat sheet for any newbies out there who get this question or accusation:

1. Bitcoin is safe.  It cant be hacked because its decentralized.
2. Bitcoin eliminates layers of transaction fees.
3. Bitcoin is fast (especially after the lightning upgrade).
4. Bitcoin provides more privacy than normal transactions.
5. Bitcoin hedges against stupidity from central banks and governments.
6. Bitcoin cant be counterfeited.
7. Bitcoin isnt tied to other asset classes and is a hedge against other investments.

In short, Bitcoin solves massive problems with the financial and political world, and that is its value.

And because its the most tested and has first mover advantage, it has been established as a store of value, much like digital gold.




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@charteroakpublic
- a Telegram channel with leaks from premium sources like Palm Beach Confidential

It's always only about the value regular people are giving to it. For how much they're willing to buy and sell. Simple as that. Meanwhile fiat money values are forced upon us

[Harrisonimo]

Well, inclusive to the obvious points you raised, bitcoin has derived its high value for these other reasons:
It is the first birthed and still very functional Cryptocurrency
It is even still more popular than any other Cryptocurrency; to the lame person.
It is still very relevant in the purchase of mist altcoins.

[AfanasjevIur]

Enterprises and individuals began to use it more often as a payment or an opportunity for investment. Bitcoin has become a recognized and accepted currency and is used as a means of calculation and as an investment.

[MarkusIsaiah]

Im agree with you, bitcoin has a lot of advatanges that's why bitcon is valuable. It helps many people around the world and many investors invest in bitcoin because they know bitcoin is worthy.

[Coin-1]

So heres a little cheat sheet for any newbies out there who get this question or accusation:

1. Bitcoin is safe.  It cant be hacked because its decentralized.
2. Bitcoin eliminates layers of transaction fees.
3. Bitcoin is fast (especially after the lightning upgrade).
4. Bitcoin provides more privacy than normal transactions.
5. Bitcoin hedges against stupidity from central banks and governments.
6. Bitcoin cant be counterfeited.
7. Bitcoin isnt tied to other asset classes and is a hedge against other investments.

In short, Bitcoin solves massive problems with the financial and political world, and that is its value.

You are saying right. But actually, the price of Bitcoin depends on the current balance of a demand and an offer. In the earliest times Bitcoin was very cheap, one guy even bought a pizza for 10000 (!) BTC. I think the people on the crypto exchange markets make Bitcoin valuable.

[Skizzewizzie]

The people who invest in bitcoin are what make it valuable nothing else. If people stopped investing and everyone sold the value of bitcoin will crash to zero. Just like any other market, it is the human factor and input which determines its value

[damrianto]

which makes the bitcoin valuable is from miners who continue to actively trade in buying and selling. he is always trading for the sake of making bigger profits .. let alone Bitcoin using peer-to-peer technology to operate without any centralized authorization or regulated by banking institutions. Bitcoin has many unique characteristics compared to traditional credit cards. As for international payments, transaction fees are low, transactions can not be changed for online stores, and offer transaction security through encryption.

[jerowacik]

Like money and gold bitcoin is valuable as both a means of exchange and a store of value, basically it is all of this items hold value because people want to exchange them for things they value

[brkttlv]

i think it is basic. Value of bitcoin depends on "demand" and "supply".  bitcoin has generated an ecosystem in which many people are willing to trade and accept it.

[Shipitcinvova]

This was the reason that the transfer of the address is not forbidden, but the private key should be hidden as much as possible. Participants basically do not have to use Bitcoin-keys.

[12tribes]

Bitcoin is valuable because it is a virtual currency that is gaining popularity and value. Whatever has value will be valuable. It indeed is a gresat thing to see the market heal and the bitcoin price recover.

[artemchernov503]

 Database registers are not stored in one place, but on thousands of computers of users who are members of the system. The registry is constantly updated automatically and is supplemented by data

[sotoshihero]

i think it is basic. Value of bitcoin depends on "demand" and "supply".  bitcoin has generated an ecosystem in which many people are willing to trade and accept it.

Bitcoin becomes valuabe because of its uses and features which people find convenience to used. People buy it, use it for online transaction etc. It means it has a demand and this demand fuels the price  that it become valuable.

[Webetcoins]

which makes the bitcoin valuable is from miners who continue to actively trade in buying and selling. he is always trading for the sake of making bigger profits .. let alone Bitcoin using peer-to-peer technology to operate without any centralized authorization or regulated by banking institutions. Bitcoin has many unique characteristics compared to traditional credit cards. As for international payments, transaction fees are low, transactions can not be changed for online stores, and offer transaction security through encryption.

Bitcoin has become famous due to many other reasons too.  If we talk about its present support, I think most of the investors spend money in Bitcoin due to the reason that they can receive huge amount of profits this way.  Many other Crypto coins are decentralized too but none has achieved as much liking form public as this coin. It is also the first digital currency so mostly millionaires support Bitcoin. Only small investors invest in here and altcoins.

[obinine]

That is likewise one issue that bitcoin is very important currently, the large resources of bitcoin is that the purpose at that you contributed on bitcoin you have got a profit. This benefits the overwhelming majority want that they need attained profit on bitcoin despite the actual fact that they hold at their notecase and sitting tight for an accurate time, this trusty and exceptionally encouraging coins was quickly unfold and fits the overall population on these lines. a lot of monetary specialists the a lot of bitcoin price important to the market.

[meritbygrace]

Bitcoin in particular has gained popularity in recent time. Bitcoin, like gold has value because people believe it has value.. is thought to have intrinsic value because of its applications in industries like dentistry and electronics. bitcoin has a great future.

[blue_dragon]

Everyone in the crypto space has had people tell them that Bitcoin is worthless or that it doesnt have any true value.

Of course, thats infuriating to hear, but for investors new to the space, its sometimes hard to craft a good answer.

So heres a little cheat sheet for any newbies out there who get this question or accusation:

1. Bitcoin is safe.  It cant be hacked because its decentralized.
2. Bitcoin eliminates layers of transaction fees.
3. Bitcoin is fast (especially after the lightning upgrade).
4. Bitcoin provides more privacy than normal transactions.
5. Bitcoin hedges against stupidity from central banks and governments.
6. Bitcoin cant be counterfeited.
7. Bitcoin isnt tied to other asset classes and is a hedge against other investments.

In short, Bitcoin solves massive problems with the financial and political world, and that is its value.

And because its the most tested and has first mover advantage, it has been established as a store of value, much like digital gold.




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@charteroakpublic
- a Telegram channel with leaks from premium sources like Palm Beach Confidential

There are lots of advantages of bitcoin, so this advantages makes bitcoin valuable and popular today. Bitcoin is totally safe and it has a secured application. Bitcoin is fast to any aspects, fast in investing, in paying, in trading etc.

[darkangel]

The value of bitcoin is reflected in the security of the purchase and payment. Its essence is not a lucrative investment tool. Bitcoin was originally intended to be an instrument for transferring anonymous, decentralized, and safe human-to-human value.

[rext]

Many people mistakenly think that the value of Bitcoin is the amount in fiat currency. The value of bitcoin lies in its usefulness. That's where you want to get Bitcoins. No organization can intervene and control.