Why does bitcoin have value?

[yousuf123]

Bitcoin has gained such a high value due to its high demand and its demand has increased high as people found it to be worth the investment as its supply is limited and it being totally out of the reach of the hands of government.Also people found it that it could not be hacked by anyone unless we reveal the private keys of the wallet in which it is stored. divisible and fungible have value and all of its backed by an enermous distributed network of bitcoin miners and a worldwide of bitcoin nodes. Most of all bitcoin is very volatile relation to other currencies thats why bitcoin have value.

[LieTOme]

because bitcoin has a big demand and somebody can sell bitcoin to their liking. from there bitcoin has a value that until now continue to rise,if the demand from bitcoin itself decreases then the price will also decrease even worthless

[Dava.Dina]

Bitcoin can be used in every transaction such as buy and sell payments and most of the beautiful ones can be exchanged for the right money depending on the value in the market.

Bitcoin has great value for us because this is a great opportunity if we have and have.

Bitcoin has its own value because people accept it and recognize it as something of value. If no one cares about gold then there will be no value.

[maemunah]

yes, because bitcoin is a very easy to use digital transaction tool in use worldwide, besides bitcoin has trust and in the interest of many people, so automatic bitcoin has high value.

very true what you say with the many enthusiasts who use bitcoin then automatically bitcoin is worth its value because bitcoin value also depends on the demand

[Periodik]

Bitcoin has value because the people say so. That is the ultimate end of the answer to such question. If we are going to take a more detailed and closer view of Bitcoin, it is really nothing and it represents nothing. However, there is demand. And this demand that I am talking about is strong and international. It is the reason why the value of Bitcoin soared to very high grounds. What Bitcoin can offer are features that are considered revolutionary.

[princeyeboah]

Bitcoin has value because it is doing pretty good job on the crypto market. Its investors are always on the profit making side, hence attracting more and more investors to itself. As this trend continues, its demand increases thereby creating a value for it.

[Btcepoy11]

Bitcoin has value because it is doing pretty good job on the crypto market. Its investors are always on the profit making side, hence attracting more and more investors to itself. As this trend continues, its demand increases thereby creating a value for it.

Yes bitcoin have value because it is profitable, it is more demand, more people recognize it. Bitcoin have value because there are many things to do with bitcoin. It helps us to sustain our daily needs, it supports us in our financial problem.

[Nunoluck]

People are agre that it has value. The same question also can applied for fiat and gold. Why gold has value? Because we are agree that gold has value. By the way, bitcoin provide the ease of transactions globally. Some countries has problem about paypal usage and other type of online transaction. Bitcoin is very usefull for them, it's also make bitcoin is valuable.

[Farahtenan]

Yes, I agree with everything you say. That is why Bitcoin has even valuable Bitcoin value. Because in fact there are so many advantages that exist in Bitcoin. And the advantages that cause Bitcoin become very valuable and trusted by the crowd.

[nhanlvcskh]

Because it is the first electronic currency, it is still leading the electronic currency market. But, Will Bitcoin continue to be positioned in the coming time as more and more coin releases?

[faithupgrade]

Just like fiat: either coin or paper money. People who used it agrees that paper or a piece of coin made by metal has a value. Bitcoin has a proof of work. It is decenralized and each transaction was confirmed by thousands of miners. Being decentralized is the main factor why Bitcoin is being used and keep by people.

[setsuna_gray26]

-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 because bitcoin is limited just like what you have been said there are only Million or maybe a Billion of bitcoin so that its proce is very expensive. Bitcoin is very popular today, it is one of the well known crypto of all.

[adjudicator]

-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.

Bitcoinis very popular today so that its price is very expensive, Just like a gold, bitcoin is being mined and it is limited, there are only 21 million of bitcoin, I think less than a 50 percent of it is being mined and being discovered. So that bitcoin is very valuable.

[ts sms]

-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.

Every object or thing has the value. There is no such thing in the world that I do not think it is worth. Some things are worth a lot, some things are worth a little more. But there are prices for each. This price varies mostly to just the availability and its popularity. Similarly, we see that Bitcoin is very popular in the currency world. We can see at coinmarketcap.com Bitcoin is in the first position. Tachara is also the highest price. I hope the price of bittacquena will increase a lot.

[Matimtim]

Its simple because there are a lot of people accepting bitcoin as means of payment, so bitcoin has a big value because of the people give value on it.

If there are many people in the bitcoin community, bitcoin will be more valuable in the world because bitcoin will be great currency in the whole world.

[wewe123]

-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.

Every object or thing has the value. There is no such thing in the world that I do not think it is worth. Some things are worth a lot, some things are worth a little more. But there are prices for each. This price varies mostly to just the availability and its popularity. Similarly, we see that Bitcoin is very popular in the currency world. We can see at coinmarketcap.com Bitcoin is in the first position. Tachara is also the highest price. I hope the price of bittacquena will increase a lot.

Bitcoin has value because at it is being said that everything in this world had value , that is why bitcoin has a price value , before it was created , it was made by the discoverer of this technology that it will come up with a great value , because the purpose of this ,is currency so it has a value, only that it is a changeable value because of the supply and demand of this bitcoin in the market, it has really a value because it is a digital currency.

[patron bounty]

because the popularity of bitcoin over the cloud and the limited amount of bitcoin gives high value to the bitcoin itself plus the ever-increasing demand makes the competition tighter to have bitcoin

[bright4mech]

Bitcoin is an asset, which may people are involved in trading, while some are into investment to enable to make additional profit from initial value quantity, therefore, bitcoin is a function of appreciating on price value from time to time

[Usafstar]

It is popular among the people that's why people have to invest in this and most of the people use it for online transaction the E-Business is developed in the 2017-18 due to introducing of the crypto currencies.

[ys fs]

because bitcoin is cryptocurency, so bitcoin is a platform that most people to mine money, and naturaly bitcoin is have value