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Author Topic: What makes Bitcoin valuable?  (Read 2863 times)
Omosomofa
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May 10, 2018, 05:30:53 PM
 #641

There are so many reason involves. Blockchain technology used make bitcoin free from fraudulent transaction. That why soon Bank will adopt the use of Blockchain technology. Bitcoin has a global acceptance and is less volatile than cash local currency. Due to this feature, it becomes easier to conduct transactions across boundaries and online. With so many reason which will begin to count they will not finish now. I love this digital currency Bitcoin.
spiffcow
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May 10, 2018, 06:16:16 PM
 #642

Bitcoin is the founder of the crypto currency and is the strongest coin, all the other coins depend on it! In addition, only 21,000,000 coins will be issued, large of which are lost
Daniel91
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May 10, 2018, 06:24:03 PM
 #643

In my opinion, hope for better financial future and change of life.
I feel that many people joined bitcoin because they want to change their lives, achieve financial freedom, quit their regular jobs etc.
Some people even sold their properties in order to buy more bitcoin.
It's kind of faith and hopefully we will all succeed with bitcoin.

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elpsycongro
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May 10, 2018, 08:19:14 PM
 #644

Bitcoin is the founder of the crypto currency and is the strongest coin, all the other coins depend on it! In addition, only 21,000,000 coins will be issued, large of which are lost
Yes everything is correct! I also want to say that importance and value to bitcoin is attached to the fact that bitcoin does not have a master, like other coins!

jpnl0008
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May 10, 2018, 08:40:56 PM
 #645

Bitcoin is neutral: it is indifferent to where you were born, where you live, who you are, what you are buying, etc.
Bitcoin has technical properties which make it much more flexible, programmable and reliable in certain situations, so it has properties which might make it more valuable to someone who needs those.
Liternyy
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May 10, 2018, 09:00:34 PM
 #646

with the growth of civilized societies, things have become somewhat more complicated, because the things that support and protect these societies also have great significance. In this context, all money, including Bitcoin, is of value. Because our societies are highly dependent on trade and commerce, anything that facilitates the exchange of goods and services has some degree of value.
Core.BUSTER
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May 10, 2018, 11:34:14 PM
 #647

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 is valuable to our economy because it is changing how online transactions are being made and carried. It helps us to make it faster and relatively cheaper. It also helps people by giving birth to a new set of jobs in this industry. Because of bitcoin, the online economy shifted and many people have been encourage to take part. It united many of us step forward into a futuristic approach.
Lalafell
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May 10, 2018, 11:38:40 PM
 #648

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 proved itself as a better monetary system than fiat in so many ways. There is the faster and less expensive online transactions. There is no hassle in transferring because no third party involves and the reason why it is cheaper. Bitcoin is valuable in the way that it shaped our society to look how our technology can rebuild us. This innovation is important because it will lead us to success.
kuckong
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May 10, 2018, 11:50:17 PM
 #649

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




yes, I strongly agree with your statement. the words of people who claim that bitcoin is worthless or worthless is very annoying for all of us. I think it's a word of fools who do not understand what bitcoin is. with your writing, hopefully the beginners do not hesitate with bitcoin. they are all excess bitcoin. and there may still be a lot of bitcoin excess that is very beneficial for people in this world.

MetalGear
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May 10, 2018, 11:55:52 PM
 #650

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




In my own preference, bitcoin is better because it cannot be produced fake copies unlike fiat. There is a definite amount of bitcoin exists so the market is really fixed unlike in the fiat that made everything expensive because it is produced infinitely. Bitcoin became valuable to me because it is faster and online transaction fees are lower especially in long distance ones.
teklang01
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May 10, 2018, 11:58:25 PM
 #651

Bitcoin is valuable because it is money, it is a digital currency that can be use as payment for a purchasing an item or services. It is also an asset, an investment because its value is highly volatile and could get huge profits.
thevlox
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May 11, 2018, 04:51:43 AM
 #652

I think bitcoin is valuable. Another advantage of bitcoin is that people do not pay tax on bitcoin. Bitcoin can not impose taxes because many governments have been bitcoin banned. And bitcoin is so valuable, bitcoin has changed the lives of many people like the rainbow.
Ngelieh@
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May 11, 2018, 04:57:37 AM
 #653

I strongly disagree with that statement, in fact, bitcoin is the safest and most tested in any way, and I value no negative value in bitcoin because the components in it are very sophisticated and measurable.
finzyoj
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May 11, 2018, 05:50:45 AM
 #654

I think bitcoin is valuable. Another advantage of bitcoin is that people do not pay tax on bitcoin. Bitcoin can not impose taxes because many governments have been bitcoin banned. And bitcoin is so valuable, bitcoin has changed the lives of many people like the rainbow.

Yes it can change a life. It is really valuable because I've already seen some people who become successful in this field. If you are thrifty and know how you can handle a big amount money I believe that you can be successful in this kind of work.

Bitcoin is valuable because it give us instant money depending upon the value price of bitcoin. It helps some people who are still studying to have a source of income and from time to time they help their parents in giving some money for everyday needs.



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NathanJB
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May 11, 2018, 06:03:19 AM
 #655

When some are saying that Bitcoin is worthless I really do not mind them. That cannot be confirmed anyway. Bitcoin worthless? Do you call worthless its $9,000 price or its $19,000 plus all time high price? That is not a created value either. You can buy using that or even convert that to fiat if that's what you prefer. It is pointless to argue with such worthless accusation.
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May 11, 2018, 06:11:21 AM
 #656

The basic principle of economics is to analyze the value of bitcoin, and the reconstruction of capital flow is essentially to improve the efficiency of the world operation, which is the cornerstone of bitcoin's long-term optimism.

Scarcity determines the BTC can fight inflation in the legal tender in the world, the gold is the main financial assets as a safe haven in the era of war, and the BTC than gold, scarcity more thoroughly, and transaction is more convenient to carry.
veejay2716
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May 11, 2018, 06:17:44 AM
 #657

Bitcoin makes valuable because it did not choose people to joined here, everybody is welcome, everyone can earned just try to learned how to used this specially on investment, anybody can make an investment, anybody can change his life.
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May 11, 2018, 07:43:32 AM
 #658

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 ones you mentioned are the benefits of bitcoin and with those reviews it might add to the interest of investors to keep investing with bitcoin
warkop121
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May 11, 2018, 08:03:35 AM
 #659

Price Bitcoin has been on a wild trip from the beginning. According to the CoinDesk industry website, in 2017, bitcoin is seen to have a great advantage, starting the year under $ 1,000 and, at its peak, breaking $ 19,000. In the economic field, there is something of value if examining the following two factors: scarcity and usefulness. Scarcity simply means something is limited. In the case of bitcoin, cryptocurrency has a set of top 21 million bitcoins. It is clear that some people believe that bitcoin has value. And if it has value, it's hard not to wonder how much bitcoin it can be worth. The first theorizes that bitcoin, which some consider it to be a better asset than gold, can replace some of gold or gold entirely.
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May 11, 2018, 08:08:39 AM
 #660

Bitcoin is an amazing exchange of value. It’s simple and cuts out all the greedy middle men.
Bitcoin is definitely an advancement in human evolution. It’ll change our financial institutions for generations.
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