What makes Bitcoin valuable?

[DoublerHunter]

Bitcoin became valuable because the people believed that it is valuable, as long as the people are having faith to bitcoin and they believed that it has a value then it will continue to have a value just like in gold, it will not become that expensive if the people does not believed to that and if they are not purchasing it to the price that they think that is the worth of gold.

[zngit]

I don't agree in number one. No matter how it is decentralized hackers can attack it. Because sometimes I do believe that it will be counterfeit by genius programmer in the world of operations system in terms of analog or digital techniques.

[zngit]

I don't agree in number one. No matter how it is decentralized hackers can attack it. Because sometimes I do believe that it will be counterfeit by genius programmer in the world of operations system in terms of analog or digital techniques.

[Utogah]

Bitcoin is so valuable because of its uniqueness coin that changed its price every single hour. And also many people are so interested of this coin because they see the future of this coin that can have a great profit for a long term.

[assyla]

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

You have a point because of bitcoin many things become faster than the usual like the paying of bills, buying loads, and also investments. Another thing is the privacy of yourself, you can hide yourself to other while using bitcoin so that you have security and your personal information are secured and safe.

[Maruf Nazir]

I believe that it will be progressed by the genius of the world programmer. Bitcoin will keep its value with the effect. Bitcoin offers more privacy than usual transactions. Bitcoin can maintain the consistency and maintain the value of the price.

[total.room]

Tentu saja bitcoin berharga,karna bitcoin bisa menguntung kan dalam ekonomi,karena sekarang ini lebih banyak yang menggunakan bitcoin di tahun 2018 dari pada di tahun 2017 kemaren,bitcoin adalah mata uang,tentu saja banyak orang yang menggunakann

[Maheshkumar_Hrangkhawl]

Bitcoin is one of the few assets available for investment, which are protected against inflation. That makes it valuable. There are other advantages as well, such as the decentralized nature of BTC and the difficulty faced by the authorities in confiscating BTC from individuals.

[jerowacik]

BTC derive their value just as anything else does: because people want them. Like any other currency, bitcoin follows the basic rules of supply and demand.

[kakajones25]

in my opinion Bitcoin is very valuable  because it has many advantages and Bitcoin helps financially a lot. Bitcoin is a currency through which people in the world can trade. Bitcoin is also known as digital currency. Bitcoin has a bright future. 

[RKSummer]

I will call you the main factors that make Bitcoin valuable. These are anonymity and the possibility to make international transactions for a very small fee. It is also a decentralized currency, which is very important.

Bitcoin is so valuable because of its popularity and increasing demand. It gives many benefits to its user and has many advantages.

[dragontigear]

in my opinion Bitcoin is very valuable  because it has many advantages and Bitcoin helps financially a lot. Bitcoin is a currency through which people in the world can trade. Bitcoin is also known as digital currency. Bitcoin has a bright future. 

I think the expensive market price makes bitcoin valuable.

[Geljames28]

The uses and the benefits of bitcoin and its features makes bitcoin valuable. Bitcoin also becomes valuable because of the people who always supports and invest in bitcoin no matter what the price will going and bitcoin is valuable because of its capacity to provide our financial needs and changed our lives for the better.

[Blina]

Bitcoin is valuable because it is an Internet currency that is not attached to a geographical location, political situation or economic changes. Military conflicts and state regulation actions never affect the value of this crypto currency. The only criterion that can affect the bitcoin rate is the supply-demand ratio.

[brainryan]

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.
7. Bitcoin isnt tied to other asset classes and is a hedge against other investments.

Yes, I agree with some things.
- The bitcoin characteristics are bold and powerful with decentralized supply and depend on the extraction process (similar to gold). bitcoin volume is limited. That means that value will resonate with the development of the user community over time.
- A young and unconfirmed market of rules and legality.
- With the development of communication technology, social media. Bitcoins are increasingly popular and closer to the worldwide community. bitcoin boom value by spontaneity and demand for any user or investment.

[rapidleech]

What makes it valuable is that it is used as a store of value, a placeholder for the goods and services that they can be exchanged for, as with traditional currencies.

[Savemore]

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.




-





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

The law of supply and demand is the reason why the bitcoin is so valuable. As time passing by, the market capitalization of the bitcoin is continuing to increase while the price of the bitcoin also increasing.

[asyakashi]

Bitcoin is considered the most popular discovery so far, a blockcain-based future technology that captivates the world community.
speed of transactions and financial transfarance is the attraction of everyone to use Bitcoin. Even some people predict that Bitcoin will replace the dollar and other currencies in the future.

[Ishiro5]

Simply put, what gives bitcoin its value is the solution it provides to real life problems. If we all stop getting some kind of value from bitcoin, i tell you it won't take time for us all to drop it and then....

[kencot]

In addition to the way that the work offered by bitcoin is the security and practicality, in my opinion the user's trust and demand is also what makes bitcoin has a value or even higher value.