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Author Topic: Are bitcoins valuable?  (Read 1757 times)
insikko0413
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July 09, 2018, 03:36:27 PM
 #361

In the past and recently, there are some who say bad about bitcoin, that bitcoin has no real value, there is no guarantee of value and assumes that the price will be zero. But everyone should know that the property other things like gold, silver or even money in your pocket are valued by the trust of the people with the central bank. Some countries do not manage the currency like venezuela or zimbabwe paper money fell dramatically. To me, the value of bitcoin is trust in algorithms and trust for network consensus. This belief is very certain because the network of bitcoin is extremely reliable. What is your thought like?

Yea of course and i think its expensive price that makes bitcoin valuable just like gold because comparing the gold and bitcoin value are most likely the same the only difference is the market price because bitcoin price will fluctuate and gold price is very stable.
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TropicalDog
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July 09, 2018, 03:42:46 PM
 #362

Honestly, I think bitcoins are valuable but it will be valuable in the future . Bitcoins are not valuable now, for real
I think  6000$+ /BTC is fine enough compared to the past when 3 bitcoins worth less than 1 cent
Ezenwanyi
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July 09, 2018, 03:43:29 PM
 #363

Yes. I think bitcoin is valuable just like gold and even diamond. These days, bitcoin is being viewed as asset.It hasn't been fully adopted as a medium of payment but at least it serves as asset.
Meaning its considered valuable.

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imking
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July 09, 2018, 04:03:09 PM
 #364

In the past and recently, there are some who say bad about bitcoin, that bitcoin has no real value, there is no guarantee of value and assumes that the price will be zero. But everyone should know that the property other things like gold, silver or even money in your pocket are valued by the trust of the people with the central bank. Some countries do not manage the currency like venezuela or zimbabwe paper money fell dramatically. To me, the value of bitcoin is trust in algorithms and trust for network consensus. This belief is very certain because the network of bitcoin is extremely reliable. What is your thought like?
Bitcoin is nine years in the making. It means that bitcoin is a valuable asset. Allot of the people are already wealthy by investing on the bitcoin.  If the bitcoin can’t produce someone that has become a millionaire that means bitcoin is not a valuable asset. Don’t be easily trust some news and article Now we know that there is a lot of government hate the bitcoin. If the bitcoin is not valuable, why some store accepts the bitcoin as payment.
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July 09, 2018, 04:14:44 PM
 #365

Bitcoin is really valuable and for me it now can be considered as a digital asset. Buying/Investing in Bitcoin and Hodling it for sure will return a good profit in the future.
As long as ther will be demand for sure Bitcoin will always be valuable
Indra32
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July 09, 2018, 04:23:22 PM
 #366

Bitcoins value is inherent to our commonly helds beliefs about this crypto currency. Now bitcoins value stems from how early in the game you invested into it. For those that paid under $100dlls for bitcoin the value is unsurmountable and will always be greatful of its existence. For those that entered late in the game referring to those that purchased at 10k only to witness major drops and dips to its current position...well their story or experience of value of bitcoin quite different.


I think Money coming into the market makes bitcoin valuable or gives it real value. For example, if there is an empty box and two merchants exist. One is to put money on it and the other is to sell it. Both will initially put something in the box to get a share. It became the box's market boundary. Now someone will hold and the other will try to sell because he wants to leave. It creates demands and to meet that one third of traders jump and buy at that level. This fulfills the request and supply and in the process creates a value into the empty box
what I see is what I believe to be true. The market already has great value as can be seen since the beginning of crypto. Why market growing? Because people put money into it every day to make it a valuable asset.
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July 09, 2018, 04:28:22 PM
 #367

Bitcoins are very valuable because it is limited in quantity and it is hard to mine. It takes lot of money spent bon expensive equipments to mine it. It is like gold in the virtual world and every human being wants to own one.
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July 09, 2018, 04:47:28 PM
 #368

At the moment, the price of bitcoin increases gradually - how do you think why people pay  $6 801,86  ?? I think that the value of bitcoin is that people believe in it as a currency that is better than a dollar or another currency.I think that the value of bitcoin is that people believe in it as a currency that is better than a dollar or another currency. Which will give more benefit to people: less commission, faster transfer speed, more reliable.  Cheesy
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July 09, 2018, 04:50:16 PM
 #369

I think, bitcoin hats will not go down that dramatically but when it comes down as it is not so sad so for the best step is HODL and play a small investment
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July 09, 2018, 04:55:11 PM
 #370

Although the price is down, bitcoin still has the highest price among other coins, and some people make bitcoin as their asset. So it is clear that bitcoin is very valuable and will always be the best cryptocurrency among other coins.
the recent decline in bitcoin prices will not make bitcoin lose its value, but the current market situation is experiencing a normal price correction, bitcoin will still be trusted by many people because it has a valuable asset value

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July 09, 2018, 05:11:18 PM
 #371

Although the price is down, bitcoin still has the highest price among other coins, and some people make bitcoin as their asset. So it is clear that bitcoin is very valuable and will always be the best cryptocurrency among other coins.
the recent decline in bitcoin prices will not make bitcoin lose its value, but the current market situation is experiencing a normal price correction, bitcoin will still be trusted by many people because it has a valuable asset value

In total agreement. Bitcoin has great potential and a lot more to offer irrespective of the current market which as you say its a correction and I also think it necessary for the new high.

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July 09, 2018, 05:19:07 PM
 #372

Of-course bitcoin is valuable. Even it is valuable than any other crypto. It is also valuable than gold too.
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July 09, 2018, 05:41:08 PM
 #373

In the past and recently, there are some who say bad about bitcoin, that bitcoin has no real value, there is no guarantee of value and assumes that the price will be zero. But everyone should know that the property other things like gold, silver or even money in your pocket are valued by the trust of the people with the central bank. Some countries do not manage the currency like venezuela or zimbabwe paper money fell dramatically. To me, the value of bitcoin is trust in algorithms and trust for network consensus. This belief is very certain because the network of bitcoin is extremely reliable. What is your thought like?

Oh! You're right about that. The paper money will soon become less valued. This is not just an speculation for it has evidence. And Venezuela is doing it. They even use their paper money to create a bag out of it. And that bag cost only a bag you bought in the supermarket or even less. I have watched it somewhere, you can just search it on Youtube. We must be proud because we may not be the pioneer users and we're even late. Use your crypto assets because that's what will lead you to the nearest future.

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July 09, 2018, 05:43:24 PM
 #374

Bitcoin is the future, as simple as that!
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July 09, 2018, 05:52:50 PM
 #375

In the past and recently, there are some who say bad about bitcoin, that bitcoin has no real value, there is no guarantee of value and assumes that the price will be zero. But everyone should know that the property other things like gold, silver or even money in your pocket are valued by the trust of the people with the central bank. Some countries do not manage the currency like venezuela or zimbabwe paper money fell dramatically. To me, the value of bitcoin is trust in algorithms and trust for network consensus. This belief is very certain because the network of bitcoin is extremely reliable. What is your thought like?
Yes bitcoin is reliable and I think bitcoin is really valuable because bitcoin price has not drop than as it was initially 1 Btc remain 1 Btc nothing chance so I think the earlier we start speaking about the better for all of us.
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July 09, 2018, 06:06:17 PM
 #376

In the past and recently, there are some who say bad about bitcoin, that bitcoin has no real value, there is no guarantee of value and assumes that the price will be zero. But everyone should know that the property other things like gold, silver or even money in your pocket are valued by the trust of the people with the central bank. Some countries do not manage the currency like venezuela or zimbabwe paper money fell dramatically. To me, the value of bitcoin is trust in algorithms and trust for network consensus. This belief is very certain because the network of bitcoin is extremely reliable. What is your thought like?
In my opinion, they probably have not really understood what cryptocurrency is, they have no knowledge of the technologies available in the 4.0 era, the era of development with the trend of using electronic money increasingly popular. Bitcoins provide a lot of value to everyone, they think the value is not guaranteed because Bitcoin is always volatile, the value is unstable, but it's the nature of it, the volatility that creates the price its value. And me too, I have always believed in Bitcoin, its potential and its value bring to everyone
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July 09, 2018, 06:12:50 PM
 #377

Yes, for sure. That's why this forum is still active until now LOL!
I'm can't keep calm and wait for btc goes up, it was in down trend for so long time Cry Embarrassed
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July 09, 2018, 06:17:26 PM
 #378

I think bitcoin is very valuable because the price that can increase a lot of folding and bitcoin can be a source of income and make our lives much better than our previous lives and bitcoin can also be an asset to our lives and change things for the better Smiley
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July 09, 2018, 06:20:46 PM
 #379

bitcoin is very valuable at all. even many people who invest and compete to collect as much bitcoin as possible. because they know that bitcoin is very valuable. even more precious than gold

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July 09, 2018, 06:54:54 PM
 #380

In the past and recently, there are some who say bad about bitcoin, that bitcoin has no real value, there is no guarantee of value and assumes that the price will be zero. But everyone should know that the property other things like gold, silver or even money in your pocket are valued by the trust of the people with the central bank. Some countries do not manage the currency like venezuela or zimbabwe paper money fell dramatically. To me, the value of bitcoin is trust in algorithms and trust for network consensus. This belief is very certain because the network of bitcoin is extremely reliable. What is your thought like?



Yes! Bitcoin is really valuable. Current value of bitcoin is $6696.66. Financial market research firm Fundstrat’s Tom Lee defended his position that Bitcoin (BTC) could trade at anywhere from $22,000 to $25,000 by the year’s end, in two CNBC interviews Thursday, July 5.
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