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Author Topic: Why does bitcoin have value?  (Read 2161 times)
Amilhussin24
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February 20, 2018, 09:07:06 AM
 #61

It is because bitcoin is has limited supply, it has only 21 million bitcoin. And bitcoin is also useful in many ways, by the help of blockchain. Thats why, it has a value, beaucse it has a limited supply and useful in many ways.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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shunga
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February 20, 2018, 09:37:34 AM
 #62

becuase of people stablishing. people can give value for all things

Because of bitcoin we value all things. We can say that we most value bitcoin because it has a big help to us for our daily needs. We value bitcoin because of we can get a good profit that we can't get to other way. So i think bitcoin is the best.

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Beduya
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February 20, 2018, 09:44:44 AM
 #63

Bitcoin has its value due to some people and investors find it useful for their business. Not only crypto currency traders are buying bitcoin but also those industries who developed their strategy of business by using bitcion. The demand of bitcoin is growing that's the reasons why bitcoin price is growing at the same time. More investors and more traders more demand of bitcoin.
shoujiuhaituo7
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February 20, 2018, 10:01:14 AM
 #64


-I think It is popular. many people accept and trade in Bitcoin because It is recognized and accepted as a currency by many.
-Bitcoin is decentralized and limited. This is a major factor for many Bitcoin users. Bitcoin is hard for governments to trace and tax
-Bitcoin acts like an equity investment. The market value of Bitcoins has had wild swings in value and even a market cap.
-Bitcoin is a social network. The Bitcoin "community" is active and acts like other online social networks.
-There are only 21 million bits so it has the same value as gold.

Bitcoin is valuable, its quantity is limited, anonymous, it is dispersed.

People prefer bitcoins to hold future investments.

Now bitcoin is becoming more and more expensive and that's the value of it.
ovcijisir
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February 20, 2018, 05:44:31 PM
 #65


-I think It is popular. many people accept and trade in Bitcoin because It is recognized and accepted as a currency by many.
-Bitcoin is decentralized and limited. This is a major factor for many Bitcoin users. Bitcoin is hard for governments to trace and tax
-Bitcoin acts like an equity investment. The market value of Bitcoins has had wild swings in value and even a market cap.
-Bitcoin is a social network. The Bitcoin "community" is active and acts like other online social networks.
-There are only 21 million bits so it has the same value as gold.

Bitcoin is valuable, its quantity is limited, anonymous, it is dispersed.

People prefer bitcoins to hold future investments.

Now bitcoin is becoming more and more expensive and that's the value of it.

There is one more value added to that all. Bank and government can't confiscate your Bitcoin, unless you give them your private key. It is not regulated and only the owner of the private key can access the funds.

jak3
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February 20, 2018, 07:13:43 PM
 #66

No Bitcoin has more than the value of gold anyway Bitcoin does have a value because it has a demand in the market. That's exactly how everything else works .now if anyone is saying that why should we invest in this digital number system then I say why not. When we can trust on a piece of paper for our daily transactions then I believe our Digital number system is much more trustable and Secure and it also helps us to keep the bookkeeping and many other features of Business and accountancy.
Borisov
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February 20, 2018, 07:39:46 PM
 #67

Because people believed in this currency, and the coin rises from the bottom of the people themselves, not the state (in our usual world) . that in fact is the money? the same only controlled by the state! the more people will be faithful to bitcoin, the more value it will have, as its resource is limited!
AlexAtom
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February 21, 2018, 03:41:46 AM
 #68

not only because it is very popular.
bitcoin have a great value because it has many users and holders.
if bitcoin demands great, bitcoin can have a great value also.

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February 21, 2018, 03:50:37 AM
 #69

I think its has price because it has user and investor and also the price of it was getting high or double if investors and user increases.for now bitcoin was been popular in my country,when they know that they can earn easily by using it.

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amzadabir
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February 21, 2018, 04:17:21 AM
 #70

Bitcoin is an innovative digital token system that meets the requirements of sound money: stability, transferability, discrepancy, lack, literacy and security. Bitcoin digital cash. So why Bitcoin has no value? Because durable things are transferable, divisible, inadequate, recognized and fungible. Bitcoin is all these things, and it is all supported by a large network of Bitcoin mining and a global network of Bitcoin nodes. How dependent on how many people believe Bitcoin and how widely it uses it, and therefore, not knowing at this point, Bitcoin is very uncomfortable with other currencies.
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February 21, 2018, 04:23:26 AM
 #71

because the wise people put there money in bitcoin thus the market cap keep increasing by their money and with that the value also keeps changing ,and whenever they hear any bad news they take their money from the market thus the market cap decreases and the value also
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February 21, 2018, 04:42:40 AM
 #72

bitcoin is a virtual currency that can be used for buying and selling. bitcoin is a blockchain technology that determines the price depending on supply and demand. so I think denom limited stock bitcoin and supply and demand a large bitcoin will have a very high value.

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February 21, 2018, 04:43:47 AM
 #73

I think bitcoin will have bull run again in the midlle of March
SparkSun
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February 21, 2018, 08:14:26 AM
 #74

Bitcoin value is the top prizable thing in the world i think.Bitcoin popularty or it's comunity is so high.Everyone show there prediction on bitcoin price.When bitcoin price rising high then the bitcoin comunity enjoy the profite form there investment.
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February 21, 2018, 11:34:10 AM
 #75

Bitcoin spawned a variety of deep processes. These processes relate not only to finance, but also affect the socium, politics and confrontation of various groups and structures of elites, both globally and probably in the context of individual regions and even countries.
TheSmo
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February 21, 2018, 11:42:50 AM
 #76

In 2017, E. Schmidt and D. Cohen released the world-wide bestseller "The New Digital World". In the book there are the following lines : "So far we do not know how successful virtual states will be (and, in the end, what are the criteria for their success?), But the very attractiveness of this concept already speaks in favor of a gradual weakening of power traditional state in the digital age. You can even enter a unique virtual currency. "
Nexigen
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February 21, 2018, 11:48:13 AM
 #77

Bitcoin is popular because it is supported by some states. There are those who are critical of him but too many well-wishers with him.
emsjvh
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February 21, 2018, 11:50:26 AM
 #78

Bitcoin is popular because it is supported by some states. There are those who are critical of him but too many well-wishers with him.

China is too rude to react to bitcoin. If other countries too adopt such a position, this will negatively affect the market of cryptocurrency.
Nexigen
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February 21, 2018, 11:52:23 AM
 #79

Bitcoin is popular because it is supported by some states. There are those who are critical of him but too many well-wishers with him.

China is too rude to react to bitcoin. If other countries too adopt such a position, this will negatively affect the market of cryptocurrency.

May be. But no one is going to take such positions yet. Or we do not know about it. Banks are interested in cryptocurrency and study it. As it will be further we do not know.
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February 21, 2018, 11:53:36 AM
 #80

Bitcoin is popular because it is supported by some states. There are those who are critical of him but too many well-wishers with him.

China is too rude to react to bitcoin. If other countries too adopt such a position, this will negatively affect the market of cryptocurrency.

May be. But no one is going to take such positions yet. Or we do not know about it. Banks are interested in cryptocurrency and study it. As it will be further we do not know.

But despite all this, Chinese Internet services and shops continue to work with Bitcoins, and citizens are allowed to operate with them.
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