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Author Topic: How does a Bitcoin have any value?  (Read 782 times)
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February 14, 2019, 01:39:27 AM
 #141

Many investor have interested with bitcoin and altcoin investment its why bitcoin have value day by day, when bitcoin left by investor I think bitcoin will be gone and do not have value again for using as transaction or become trading or investing.

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February 14, 2019, 05:41:10 AM
 #142

Bitcoins do not have value as a physical commodity like gold and are not widely accepted as legal tender like dollars.

 Rather, Bitcoin appears to have value for the following reasons: It is popular.

In short, people accept and trade in Bitcoin because other people accept and trade in Bitcoin.
the value does not been decided by anyone for Bitcoin it can be anything that demand or its popularity will made the value more higher but the most important thing is people will accept it for their future that's why the value of Bitcoin will be decided and increasing every time.

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February 14, 2019, 09:15:30 AM
 #143

People also accept bitcoin because of the technology behind it,although it is a know cryptocurrency used by so many companies but it volatility is also impressive.
bitcoin or crypto currency was created using technology and development so that it would be needed in modern times and for advances in the economic system

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February 14, 2019, 09:44:49 AM
 #144

The same question can be rephrased as , how does a fiat have any value? This is quite simple. People agreed to move from the era of batter trading to a more convenient way where paper money was issued. People began to accept this in exchange of goods and services and eventually fiat gained value. The same principle applies to Bitcoin.

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February 14, 2019, 10:23:12 AM
 #145

I believe that the value of Bitcoin is derived from the trust in the system and overall decentralization of the entire ecosystem. At this stage, any person is willing to pay $3,563 for one bitcoin just because everyone has agreed to transact at that value and this value is based on the law of demand and supply. Even when it comes to the Fiat currency, we believe the $1 currency bill has the value of $1 just because the government tell us to do the same.
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February 14, 2019, 06:41:11 PM
 #146

In my opinion,in fact they are the only ones to destroy those who buy and sell Bitcoin.but you remember it,bitcoin own value is the real think.Because Bitcoin come to crypto market then have been price 0.15$-0.25$ something.
But day by day increase and going to touch 19k.
But it know Bitcoin is the unstable market intelligence,so anytime it will be back.

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February 14, 2019, 07:25:14 PM
 #147

Actually, bitcoin has no value. But, because it is traded, bitcoin inevitably must have value. Same as coins or vouchers that are in online games, coins and vouchers actually have no value, but because the online game service sells it, the coins and vouchers have value.
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February 14, 2019, 08:37:55 PM
 #148

Actually, bitcoin has no value. But, because it is traded, bitcoin inevitably must have value. Same as coins or vouchers that are in online games, coins and vouchers actually have no value, but because the online game service sells it, the coins and vouchers have value.

   Actually you need to think outside the box. Don`t be bonded for one thing, learn about everything before you can
make sense out of everything around.
   Actually what is the value of gold? It can be like any other rock? Or maybe not? What is with money, traditional money?
Why Dollar have value, or Euro?
   People give it legitimacy, or not. People in power, we can name government sector, bank sector, it`s who have money
can create laws.
   We are the people behind Bitcoin value! And our opinion is equally important.



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March 08, 2019, 03:35:24 AM
 #149

because there are many buyers who continue to increase from year to year. according to market law, the more demands, the price will rise. and if the demands go down, the price will also decrease.
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March 08, 2019, 04:05:47 AM
 #150

Bitcoin, much is predicted about value to come, but for today it is still (falling sharply) even the lowest value. You can see the 2017 chart, reaching a record high at that time. Now bitcoin is listed at US $ 3,666. even some observers and experts are convinced Bitcoin can be lower or higher this year.

I believe that the value of Bitcoin for this year can be the highest, in other cases, the future of Bitcoin is possible for valuable storage media,
It could be that bitcoin can be a valuable role, like you have a coin that you use today.





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March 08, 2019, 04:27:25 AM
 #151

I think bitcoin is very valuable because of this many people change their life they can earn money in easy way
your belief is very big in investing with bitcoin crypto currency especially because the risk of investing with crypto currency is very large the crypto currency value cannot be known for sure going forward and at this time we must be smart in seeing opportunities in investment

 
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March 08, 2019, 05:28:52 AM
 #152

The physical value of any product didn't get value for it,only the demand does such like gold and any other resource present in this world getting value for it.

Bitcoin has been used by lot of people for various purpose even though it mainly created for the payment system so which has demand and got value as well based on that.

It may increase or decrease in the future based on how people uses it and how much used by.

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March 08, 2019, 06:49:38 AM
 #153

I think bitcoin is very valuable because of this many people change their life they can earn money in easy way
your belief is very big in investing with bitcoin crypto currency especially because the risk of investing with crypto currency is very large the crypto currency value cannot be known for sure going forward and at this time we must be smart in seeing opportunities in investment
right, investment is how we can see opportunities. do not let us get carried away by emotions because the market conditions are not according to our wishes. it would be better if you can follow what the market wants

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March 08, 2019, 06:58:24 AM
 #154

I think bitcoin is very valuable because of this many people change their life they can earn money in easy way
your belief is very big in investing with bitcoin crypto currency especially because the risk of investing with crypto currency is very large the crypto currency value cannot be known for sure going forward and at this time we must be smart in seeing opportunities in investment
I think that is the location of mistakes that are often done by new traders, they do not know the correct way of trading and they consider the cryptocurrency price movements can be predicted, and more ridiculous many famous people who provide predictions of bitcoin price movements in the future.

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March 08, 2019, 07:20:30 AM
 #155

This has been discussed multiple times before. Bitcoin primarily gets it's value from demand yes, but there would have been no demand without properties that makes it desirable to people. Limited supply, being able to store money outside banks, etc were attractive enough for many people in the beginning to start the process of mining and buying.
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March 08, 2019, 07:53:14 AM
 #156

Bitcoin value come from the willing buyers and sellers who determine the price.
isn't bitcoin and other crypto currencies the value and price can not be determined with certainty and it is a risk in investing with crypto currency the main capital of confidence and patience in investing in crypto currencies
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March 08, 2019, 07:57:16 AM
 #157

Many investor have interested with bitcoin and altcoin investment its why bitcoin have value day by day, when bitcoin left by investor I think bitcoin will be gone and do not have value again for using as transaction or become trading or investing.
all of that also arises from the belief of people that the value of altcoin has a value so they continue to make these investments to be able to make a profit
yslyv
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March 08, 2019, 01:24:09 PM
 #158

bitcoin has a value because blockchain technology started to become valuable. so bitcoin is the first currency that based on blockchain technology and it is the most popular one so it has value.

Im Not Buying Bitcoin, Im Selling Fiat. Hodl !
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March 08, 2019, 01:47:40 PM
 #159

for the year the price of bitcoin will experience a high increase which will make the price more expensive, because with so many people adopting it, bitcoin will definitely get a high price

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March 08, 2019, 01:59:51 PM
 #160

Bitcoins do not have value as a physical commodity like gold and are not widely accepted as legal tender like dollars.

 Rather, Bitcoin appears to have value for the following reasons: It is popular.

In short, people accept and trade in Bitcoin because other people accept and trade in Bitcoin.
Bitcoin has a value due to its technology aspect. People are interested in decentralized, anonymous system like BTC and other cryptocurrencies have. And it's also an instrument of benefication.

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