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Author Topic: Why does bitcoin have value?  (Read 2222 times)
dinadek99
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June 01, 2018, 01:35:46 AM
 #501

values
Marcogwapo
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June 01, 2018, 01:50:02 AM
 #502

Bitcoins created because of the popularity of internet. This cyberworld will continue to upgrade as the used of this cryptocurrency. As of now many persons are not yet familiar with this but in the end, may be this will change
the used of money.
toast
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June 01, 2018, 02:20:39 AM
 #503


-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 a currency that has value but the value in terms of a group of people who access and invest in it just as the money applicable to the country has value because it is recognized by that country

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IL.Guerreiro
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June 01, 2018, 02:25:45 AM
 #504

Because it is created stop the inflation system and to make deflation take over. Inflation take many things from us without justice and bitcoin is the answer.
TheKeyLongThumbI
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June 01, 2018, 02:29:47 AM
 #505

Because it is very convenient to use and it is scarce. It is also a technology so definitely it has a price unlike those fiat papers that easily could burn and has no state of the art features that bitcoin has.
Louise0910
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June 01, 2018, 02:51:15 AM
 #506

why does bitcoin have value?
because bitcoin is the main currency in the blockchain, every transaction occurs require mathematical solution every blocked solved miner take share in this cycle BTC earn value plus the demand factor.
asm9060
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June 01, 2018, 02:57:47 AM
 #507

Bitcoin offers an efficient means of transferring money over the internet and is controlled by a decentralized network with a transparent set of rules, thus presenting an alternative to central bank controlled fiat money
supergorg27
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June 01, 2018, 03:11:18 AM
 #508

Bitcoin is just like a gold and users make it popular that's why it is accepted as a crypto currency and recognized by many.

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liseff3
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June 01, 2018, 03:37:31 AM
 #509


-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 globally accepted. By people, yes, but this does not apply to most countries.
Innovation bitcoin able to cover the existing deficiencies in fiat money, so it becomes a magnet of its own in attracting investors, not even a few large class investors who put bitcoin into their portfolio.
sinthia1234
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June 01, 2018, 03:43:23 AM
 #510

I think it is popular.Many people accept and tread in bitcoin.Bitcoin is a currency that bitcoin has value for the same reason gold has value.Bitcoin can be used as payment.
reality18
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June 01, 2018, 03:48:58 AM
 #511

Bitcoin has value because it was made for the people due to the decentralized nature. The principle of supply and demand works perfectly fine on Bitcoin. Just like any product on the market, limited supply with increase demand creates value for the product. Bitcoin has a total supply of 21 million yet the demand increases each time as evidenced on the coinmarketcap.
Sir Paijoe
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June 01, 2018, 04:38:09 AM
 #512

The key to bitcoin has value because everyone and users are interested in using and having bitcoin, this is what makes everyone interested in bitcoin investments, and I'm sure that the future will continue to improve.

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andeonnut
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June 01, 2018, 04:42:18 AM
 #513

It has value because we all decide it does. Just like anything else.

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jobel
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June 01, 2018, 04:48:10 AM
 #514

There is one reason why Bitcoin has a value. It is because of the people who made this Bitcoin. But unlike other money which made form paper it has a value but with exact value or amount. but Bitcoin's value is changing. 
LKingLion
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June 01, 2018, 05:25:24 AM
 #515

Bitcoin have a value because people give bitcoin a value by means of participating in Bitcoin ico, watching the update of bitcoin, and people accept bitcoin as digital currency in some places. There is a clear future for bitcoin because of the people's supports.
jayveerastrullo
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June 01, 2018, 05:49:21 AM
 #516

Bitcoin has a value meanly because we gave value on it. It is like the classic stocks and shares stuff where there are stocks you buy it in a low price and later on you sell it in a good for the others to be part of the inc or company or stock holders.

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sumanto
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June 01, 2018, 05:50:17 AM
 #517

bitcoin has a value because bitcoin has a very good development, bitcoin can be used to pay for anything you want and not only that bitcoin also has a very limited total supply that makes bitcoin can be very expensive.
abiola1
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June 01, 2018, 08:48:32 PM
 #518

Bitcoin creates value for both earlier investors and for new ones, providing more and more opportunities for using currency, the amount of which, moreover, is limited. It's not deceit and not stealing, but just the good old law of supply-demand in action, or in other words, the ancient economic principle, in the service of the newest currency system.
Earthwood
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June 01, 2018, 08:57:05 PM
 #519

Bitcoin creates value for both earlier investors and for new ones, providing more and more opportunities for using currency, the amount of which, moreover, is limited. It's not deceit and not stealing, but just the good old law of supply-demand in action, or in other words, the ancient economic principle, in the service of the newest currency system.
Bitcoin does have a value because of course, it is a type of digitized currency. If we talk about currency, you can say that this material is a currency if it has a face value. It’s the same as the traditional. Not Anyone can manipulate the value of bitcoin.
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June 01, 2018, 09:07:27 PM
 #520

becuase of people stablishing. people can give value for all things
It is the people that are patronizing it that gives value. With out the people who believe in it, as soon as the people stop talking about bitcoin, stop teaching others, sto0 endorsing it to others, the value will fall and start to die. It is the people that believe in it that pushes or boost it to be known and circulate in the community.
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