Bitcoin Forum
May 17, 2024, 01:21:03 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 4 »  All
  Print  
Author Topic: Does bitcoin has any intrinsic value?  (Read 476 times)
hodlftw
Full Member
***
Offline Offline

Activity: 326
Merit: 104


Santa Coin


View Profile
May 25, 2018, 06:21:19 PM
 #21

I'll answer your question succinctly with a question. How is Bitcoin created and does that energy cost money? There is your answer.

bryancowart69
Newbie
*
Offline Offline

Activity: 252
Merit: 0


View Profile WWW
May 25, 2018, 07:13:41 PM
 #22

Currently bitcoin is in the leading position of all crypto coin and it is also the first crypto currency.Day by day it is getting popular as it is very secure and transaction is alo easy. Many people and companies has developed huge faith in it. Shocked
LangleyMccarty
Newbie
*
Offline Offline

Activity: 17
Merit: 0


View Profile
May 31, 2018, 07:57:42 AM
 #23

his is practically a bill of the state, which says that its holder has the right to receive certain material benefits at a size determined by the merit of this bill.
rafajunior99
Hero Member
*****
Offline Offline

Activity: 798
Merit: 500


View Profile WWW
May 31, 2018, 08:45:23 AM
 #24

I am really thoughtful to know that why btc has so much value than other cryptos. Does it has any intrinsic value??
What's your opinion??

Btc is very different from other crypto, because Btc was first made to store high value in other crypto, it does not mean Btc is intrinsic, if Btc is said intrinsically maybe some people assume Btc-shaped metal has a lot of valuable content in it. So it all depends on someone to judge for themselves.
samcun
Jr. Member
*
Offline Offline

Activity: 266
Merit: 1


View Profile
May 31, 2018, 08:52:28 AM
 #25

Does bitcoin have intrinsic value? bitcoin is at the forefront of all crypto coins and it is also the first crypto currency and everyone can invest with bitcoin so bitcoin has a very intrinsic value or can be called a magnet to attract people to invest in bitcoin. and very safe to invest, very safe and can be controlled by us as bitcoin investors and transactions is also easy.

///    ApeSwap.finance    ///
                Stake now for over 900% APR!               
poplolnman
Legendary
*
Offline Offline

Activity: 1442
Merit: 1008



View Profile
May 31, 2018, 10:16:01 PM
 #26

because bitcoin has these three factors, that's why bitcoin has more value and an intrinsic value than other coins.
The first bitcoin is able to transform the Internet from a data transfer system into a value transfer system. the second is the cost of bitcoin transactions are very cheap even close to 0, providing more benefits for users when compared with the cost of credit card transactions that reach 5% of the total money spent.
the three ease of detecting cheating in the system.
bitcoin is very different from other coins. uniquely, bitcoin developers are promising an increase in bitcoin scalability through a new method named (SegWit) to provide additional space for more transactions. with increased scalability, then the problem of increasing transaction costs is expected to be overcome. bitcoin values ​​are also distinguished from the problem of rising, the cause of the bitcoin price increase is due to the increase in technology promised by bitcoin through system changes and the legalization of bitcoin usage in japan.

I'm in 400,000 euros debt , dont help me , i rather die
Shenzou
Sr. Member
****
Offline Offline

Activity: 1400
Merit: 283


View Profile
May 31, 2018, 10:34:31 PM
 #27

I am really thoughtful to know that why btc has so much value than other cryptos. Does it has any intrinsic value??
What's your opinion??
Of course not only bitcoin has a high value but that value comes from an actual asset, it is based on transaction and data transfer between people, unlike fiat money that was created by governments which was backed by gold at first and they they decided to consider paper has a value because they have the power to say so, and that is what make using bitcoin has a meaning in it and that is why governments are so afraid of it.
zolfa
Member
**
Offline Offline

Activity: 518
Merit: 11


View Profile
May 31, 2018, 10:54:51 PM
 #28

the wrong analysis if we say that bitcoin has no intrinsic value.

with bitcoin, users can make large transactions in the form of a message on a global scale and noted by blockchain.

intrinsic value is not only luxury, but divisibility, fungibility, and scarcity are also intrinsic values, but they are not a necessary condition for intrinsic value. because the intrinsic value is created.
until today, the bitcoin intrinsic value is greater than the value of other commodities.
ladydark
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500



View Profile
May 31, 2018, 11:24:45 PM
Last edit: June 04, 2018, 04:42:54 AM by ladydark
 #29

Yes it has some intrinsic value as during mining process,lots of electricity is consumed to mine bitcoins.B bitcoin's price is mainly driven by the community support.

badakjawa
Member
**
Offline Offline

Activity: 336
Merit: 20


View Profile WWW
May 31, 2018, 11:28:45 PM
 #30

Yes, of course. bitcoin has an intrinsic value, if bitcoin has no intrinsic value, then there will not be many investors interested in storing their assets in bitcoin.

good security, high fluctuations then can make people become rich quickly, decentralization system, cannot be affected by the global crisis is the value of bitcoin intrinsic.

GIGZI INDEPENDENT WEALTH MANAGEMENT
Crowdsale Starts on 23rd November 2018
Telegram   Medium   GitHub   Twitter   Reddit   LinkedIn   Facebook
dutchkay
Full Member
***
Offline Offline

Activity: 434
Merit: 100


View Profile
May 31, 2018, 11:38:30 PM
 #31

Yes i believe that bitcoin has more intrinsic value than every other cryptocurrency out there. The history of bitcoin itself speaks for it. grew from nothing to something. Best ever traded, every single coin must have it as a trading pair. Its the dominance coin in the market and also controls the fate of other coins. All these have already shown it's worth and value.
Wickedwitch28
Member
**
Offline Offline

Activity: 180
Merit: 10


View Profile
May 31, 2018, 11:44:11 PM
 #32

Of course! Bitcoin has an intrinsic value. Bitcoin is the oldest coin in crypto world market. Lots of people are using bitcoin because you can easily pay payments and any other transactions. Other than that, bitcoin helps people to make a bigger profit that can help our daily needs.

                     KitToken.net                     
     ▔  Utility * Organic Growth * Sharing  ▔     
tabas
Hero Member
*****
Online Online

Activity: 3010
Merit: 738


Top Crypto Casino


View Profile
May 31, 2018, 11:58:18 PM
 #33

Bitcoin has its own intrinsic value due to the huge amount of equipment for mining and spent on the extraction of coins of electricity. In addition, the number of stores that take bitcoin as a payment for their products increases day by day.
Another thing is the number of people who are buying bitcoin and this adds the value of bitcoin and makes it higher.
Higher demand, higher price of bitcoin.

█████████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████
█████████████████████████
.
BC.GAME
▄▄░░░▄▀▀▄████████
▄▄▄
██████████████
█████░░▄▄▄▄████████
▄▄▄▄▄▄▄▄▄██▄██████▄▄▄▄████
▄███▄█▄▄██████████▄████▄████
███████████████████████████▀███
▀████▄██▄██▄░░░░▄████████████
▀▀▀█████▄▄▄███████████▀██
███████████████████▀██
███████████████████▄██
▄███████████████████▄██
█████████████████████▀██
██████████████████████▄
.
..CASINO....SPORTS....RACING..
█░░░░░░█░░░░░░█
▀███▀░░▀███▀░░▀███▀
▀░▀░░░░▀░▀░░░░▀░▀
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░█░░░███▄█░░░
░░██▌░░███░▀░░██▌
░█░██░░███░░░█░██
░█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀


▄▄████▄▄
▄███▀▀███▄
██████████
▀███▄░▄██▀
▄▄████▄▄░▀█▀▄██▀▄▄████▄▄
▄███▀▀▀████▄▄██▀▄███▀▀███▄
███████▄▄▀▀████▄▄▀▀███████
▀███▄▄███▀░░░▀▀████▄▄▄███▀
▀▀████▀▀████████▀▀████▀▀
Dmitry.Vastov
Hero Member
*****
Offline Offline

Activity: 840
Merit: 520



View Profile
June 07, 2018, 12:27:15 PM
 #34

I am really thoughtful to know that why btc has so much value than other cryptos. Does it has any intrinsic value??
What's your opinion??
Intrinsic value is the calculated value of company including tangible and non tangible factors , also called true value. The intrinsic value may or may not be equal to true value. No doubt bitcoin has highest valuation among all crypto currencies and I guess this is all because of millions of investors that bitcoin have and lacked by other crypto currencies and yes bitcoin too have intrinsic value also because the the inflation in valuation of bitcoin is very solid.
adeola1
Newbie
*
Offline Offline

Activity: 154
Merit: 0


View Profile
June 11, 2018, 05:55:39 AM
 #35

clearly bitcoin has inherent esteem, since it can be utilized as a simple and moment installment instrument for the world, likewise its unknown nature influences bitcoin to can be utilized to store and execute by anybody. The esteem is gotten from individuals' eagerness to acknowledge and utilize these types of installment as a methods for trade.
Ch01ce0N3
Jr. Member
*
Offline Offline

Activity: 131
Merit: 1


View Profile
June 14, 2018, 05:06:02 PM
 #36

Yes, I think so. As a vioner, btc has a different value than any other cryptocurrency. Btc inspires many orant to create and develop new cryptocurrency.

Mycro Jobs
〈 SIMPLY GETTING THE JOB DONE ⟩
AK47-
Sr. Member
****
Offline Offline

Activity: 644
Merit: 250



View Profile
June 14, 2018, 05:23:26 PM
 #37

I am really thoughtful to know that why btc has so much value than other cryptos. Does it has any intrinsic value??
What's your opinion??
Does fiat have any intrinsic value? No!

If Bitcoin doesn't have any intrinsic value, it has limited supply and trust which can help in growing Bitcoin's price over long term. Government and central banks have always controlled the financial system. They have sought restrictions on choices available to individuals with their assets and currency. Bitcoin is a revolutionary form of currency which lays freedom in the hand of Hodler. No third party is involved in transaction and this will help in evolving Bitcoin.
Google+
Hero Member
*****
Offline Offline

Activity: 2436
Merit: 550


Leading Crypto Sports Betting & Casino Platform


View Profile
June 14, 2018, 05:58:34 PM
 #38

bitcoin has no intrinsic value because bitcoin is only limited to digital currency if you talk about value then bitcoin can only have value when bitcoin in digital world like digital currency and other cryptocurrency.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
ClaytonLWils
Jr. Member
*
Offline Offline

Activity: 123
Merit: 1


View Profile
June 14, 2018, 06:29:40 PM
 #39

I do think so. Since bitcoin is accepted by most of the people and it can be used both as asset and currency for payment system, it must hold some intrinsic value. And the value will increase with time, I believe.

◆ Dove | P-To-P Internet Sharing Network  (http://dove.network/)
Internet for anyone
Patatas
Legendary
*
Offline Offline

Activity: 1750
Merit: 1115

Providing AI/ChatGpt Services - PM!


View Profile
June 14, 2018, 06:52:38 PM
 #40

Most of the good threads like these are open buried deep down under pile of spam.
Bitcoin definitely has intrinsic value and that to sum it up in a one word would be "Consistency"

I do think so. Since bitcoin is accepted by most of the people and it can be used both as asset and currency for payment system, it must hold some intrinsic value. And the value will increase with time, I believe.
The value it actually holds is the Blockchain's first successful implementation which revolutionised the payment system and have the potential to make fiat go obsolete.

bitcoin has no intrinsic value because bitcoin is only limited to digital currency if you talk about value then bitcoin can only have value when bitcoin in digital world like digital currency and other cryptocurrency.
So shares and such also do not have intrinsic value according  to your logic? I await your response if you are not bullshitting.
Pages: « 1 [2] 3 4 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!