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Author Topic: What makes Bitcoin valuable?  (Read 2876 times)
ololajulo
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May 06, 2018, 05:01:41 PM
 #521

Bitcoin was the first successful blockchain technology and the success now in the 9 years of existence. It might not have a governing body but have a very efficient team and always making significant development.  The volume has always been high, which shows high acceptability.

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Gabrieelle
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May 06, 2018, 05:04:36 PM
 #522

It is none other than that long list of the advantages and the characteristics which bitcoin is having which is helping bitcoin is gaining so much of fame and reputation in the international market as well as among the common people. The thing is bitcoin is becoming more popular with every passing day and that time is not too much far when bitcoin will become the world’s most popular currency..
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May 06, 2018, 06:00:44 PM
 #523

As in any financial sphere if there is a big demand it means that there is a need, and if demand exceeds supply, then the price will grow.
deepakg2m
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May 06, 2018, 06:17:00 PM
 #524

The most important and note worthy aspect of BITCOIN that makes it valuable is that it acts as a source of living for those who have no other source of income and the source of comfort who do not have salary or income enough to fulfill all the desires and demands of their families.

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May 06, 2018, 06:18:09 PM
 #525

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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What makes bitcoin valuable is the very practical bitcoin used for tractionaction and can be used anywhere, the more people who want bitcoin make the bitcoin value increase.
Ocha Bacoh
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May 07, 2018, 04:21:32 AM
 #526

11 reasons why you are worth taking the time to get involved in Bitcoin.
Fast, cheap, the government can not take it, no return, information that can not be stolen, no inflation, personal comfort, no need to search for others, your own, you can print your own money, and sell tilapia high
fndsr
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May 07, 2018, 04:26:32 AM
 #527

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
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what you are conveying is the advantages and advantages of bitcoin compared to other coins that keep popping up, the most important is the confidence and confidence of investors who invest with bitcoin

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GDragon
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May 07, 2018, 04:35:52 AM
 #528

The only reason why because it is the origin of all! The first Visual currency that caught attention of all worldwide why? Because of its usage and potentials that create a great economy. It also suited to our modern days and give a bright idea to create and improve what bitcoin started. I believe someday, not just some countries will recognized it but the whole world will use it.

De Suga09
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May 07, 2018, 04:51:11 AM
 #529

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




Many people does not recognize the true value of bitcpin because they are ignorant enough to turn the blind eye. They only believe in humors which aren’t true. What makes bitcoin so valuable is that noone controls it and its price is so volatile that makes it a good place to make a profit as long as you are knowledgable enough to play it. It’s also valuable to those who always transact online which eliminate the extra expense fpr 3rd party transaction. It is valuable to those who doesn’t have job and found it in bitcoin. 
mix max
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May 07, 2018, 05:10:18 AM
 #530

Many factors make bitcoin valuable. Some of which are bitcoin is the first (pioneer), good concept, and limited coins. Furthermore, it is due to the trust of the user that then creates the demand. The more demand the higher the bitcoin value.
godrey123
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May 07, 2018, 09:36:00 AM
 #531

There are hundreda of reasosn why bitcoin is valuable. Bitcoin has a good concept that allows everyone to benifit from it. transations are much easier and faster, also because of the algorithms that its using it  very safe. but what makes bitcoin so valiable is its limited supply and its enourmous demand in the marjet. In basic economics we study the law of demand ad supply, It states that when a thing has a limited suppy and higher on demand its price will rise. Thats what happening to bitcoin nowadays.
vonnyaries
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May 07, 2018, 09:39:46 AM
 #532

there is the advatages that makes people want to buy bitcoin and makes bitcoin price is high or we can called it valuable, but i think the main factor that makes bitcoin is have a high value is bitcoin is popular and every people in the wolrd want to have bitcoin to be their investment with some hopes that bitcoin price is increasing

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SingAlong
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May 07, 2018, 09:58:15 AM
 #533

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



Bitcoin makes more valuable because of its advantages and benefits that makes it more better. But  most reason why it makes more valuable is thae market demand that's why it becomes more popular and Many users and customers are attracts on it.

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fire rab1
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May 07, 2018, 10:01:00 AM
 #534

# Faster and easy transaction and payment system.
# Easy to send and receive money anywhere in the world at any given time.
# You don’t have to worry about crossing borders, rescheduling for bank holidays, or any other
limitations one might think will occur when transferring money.
# Unique because of its decentralized nature.
Chopmoney
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May 07, 2018, 10:04:40 AM
 #535

It really all depends on supply and demand as well. Bitcoins became so expensive that the demand for each have skyrocketed the price off the roof and to the moon. It also has a lot of pretty useful features as mentioned above and this also affects the pricing of bitcoins.
Swanh
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May 07, 2018, 02:36:02 PM
 #536

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



Possible things will happen in the right time.Bitcoin had already faces different obstacles in it's journey,but it is still alive and keeping it's name on top of the coin market cap.Bitcoin by that time will become more valuable that most people would surely adopt.Bitcoins is also one of the great source of income in this forum.
gadimbrut
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May 07, 2018, 02:53:40 PM
 #537

in my opinion bitcoin has value due
1. society assumes that bitcoin has value
2. limited number of bitcoin that only 21 million
3.make detection of fraud in the system. As many credit card information and inappropriate credit card theft occur, in the Bitcoin system it is difficult to do and will be instantly detected
NNMT
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May 07, 2018, 03:19:37 PM
 #538

I think, bitcoin is valuable because of its great advantages, gives users. Also the world knows bitcoin. Its quantity is limited, can not be inflation. It is because of such factors that bring great value to bitcoin.
pankowri
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May 07, 2018, 03:22:52 PM
 #539

In the current world,Bitcoin is the most popular issue in the .But it has some controversial things.By the way,its demand is so high and its price is alos higher than all other currencies.I think,those are the most vital reasons of Bitcoin's valuable.

jamesmhampton
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May 07, 2018, 03:23:46 PM
 #540

What do you guys think of this site?

http://www.coinopinions.com/currencies/bitcoin/analysis

I’ve been trying to find someone that offers an opinion (BUY/SELL/HOLD) etc. It looks like a new site. I think they use a mix of technicals, community and team.

What do you guys think? Are there any sites out there that have a bitcoin opinion that you’d actually trust?

I like coingeko, but they don’t have an opinion. Also, I don’t trust the exchanges like coinbase (gdax.com).

Any ideas?
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