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Author Topic: Are bitcoins valuable?  (Read 1757 times)
karagun125
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July 06, 2018, 01:26:49 PM
 #41

whether it has a low price or not, it is still valuable for the one who strive hard to get it.
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tkaush
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July 06, 2018, 01:34:05 PM
 #42

It is valuable today as a great investing asset but not much as a currency because still bitcoin is new to the world so time plays an important role for the world to understand it's true potentials and if that happens it will be really valuable in the future   
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July 06, 2018, 01:36:37 PM
 #43

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, you are right. Bitcoin is valuable because it can be relied upon to make a profit and is very appropriate for investment. I believe with bitcoin can brighten my future.
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July 06, 2018, 01:36:47 PM
 #44

The value of bitcoin was appreciated by those who owned bitcoin since 2008. They're very rich now. If you want to feel the value, buy bitcoin now and continue this dialogue with you in 5 years. During this time, I am sure bitcoin will grow several times.
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July 06, 2018, 01:37:16 PM
 #45

The beauty thing about bitcoin is that it doesn't have any real value- but it's value is being determined by the amount that people are willing to pay for it, not like traditional currencies, that there price is being determined only by the amount of money that is backed by the government- so if the government or the organization that backs that currency stops backing it- then the currency becomes worthless.

On the other hand if we talk about an asset that is backed by the people- it's fully decentralized, so we can conclude that the fact that bitcoin is not being backed by anybody means it is not only decentralized on the technical aspect, it is also decentralized on the financial aspect.
StokaySatoransky
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July 06, 2018, 01:37:40 PM
 #46

I guess bitcoin as of now is valuable, because many people are using it in their day to day transaction.
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July 06, 2018, 02:06:40 PM
 #47

there are many people that talk bitcoin like that, and I think that believe in bitcoin is depend by themselves, if they believe i think they will think that bitcoin is valuable and they think will get big profit if they use bitcoin, but if they don't like bitcoin I think they will never think that will get some profit from bitcoin

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July 06, 2018, 02:08:04 PM
 #48

If you don't think BTC has value, hand it over to me, I'll give it value right away Cheesy
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July 06, 2018, 02:10:10 PM
 #49

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?
it depend to the person on how use are bitcoin are. bitcoin price depend on the holder to make sure it keep a live. cryptocurrency need the community to life and I do believe bitcoin will sure live for a long time.
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July 06, 2018, 02:16:10 PM
 #50

I thoroughly believe that BTC has value, in future there is no dought  that BTC value will increase dramatically, it because paper money wont use in future, I believe those have much money to invest, this is the time invest for BTC.
Shohanur
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July 06, 2018, 02:19:52 PM
 #51

Yes, Bitcoin is valuable. It has a great value and much potential. Bitcoin price was so good than that time. Price will be growing fast with short time.

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July 06, 2018, 02:29:51 PM
 #52

Silver was $80/ounce in 1980. Gold price was also high till year 2000.

Even at $600, Bitcoin will be valuable. Keep an eye on the financial markets.

It takes $4,000,000,000,000 for gold price to go up by +10%.

It takes $200,000,000,000 for Bitcoin to go up by +100%.
Absolutely Bitcoin is valuable. The bank accepts money, so it does not change that its value. Gold, Silver prices also change but Bitcoin prices change rapidly. People bought Bitcoin by spending money, don't think that it might never be zero.
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July 06, 2018, 02:31:54 PM
 #53

Of course, you do not know why? I think everybody known about bitcoin. Because its a no one crypto currency of market place in the world. Many people change theirs life by bitcoin. Its a high profitable currency.
BitRentXx
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July 06, 2018, 03:03:25 PM
 #54

You are right, banknotes, gold, diamonds, and some other precious metals are valuable because there is trust from banks, government, and society. Without the trust and use of people, these things are meaningless.
Likewise with bitcoin, bitcoin values will continue to increase if people's confidence in bitcoin and demand for bitcoin increase.
jpespa
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July 06, 2018, 03:10:00 PM
 #55

Bitcoin has value because it is being used by people therefore it is valuable. People earn money through it, people can pay online thorugh it and people can save it and earn more depending on price movement.

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July 06, 2018, 03:11:24 PM
 #56

If you want something , try to achieve it, whatever it takes !

Nobody expect bitcoin able reach current position,right ?
Right now bitcoin is revolutionary currency so it's worth to keep believe on it and keep invest + HOLD !
Kingofbitcoin12345
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July 06, 2018, 03:16:26 PM
 #57

The value of bitcoin can only be seen by those who invested to it and trusted it.. Sometimes no one will understand it and that is a common thing because we human are doubtful to things we don’t have knowledge of or we hated..

This been an issue before,, will not stop until today and be the discussion in the future.. This is a reality we should be accepting because it is as subjective and personal choice..

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hollowdoor
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July 06, 2018, 03:29:05 PM
 #58

The value of bitcoin can only be seen by those who invested to it and trusted it.. Sometimes no one will understand it and that is a common thing because we human are doubtful to things we don’t have knowledge of or we hated..

This been an issue before,, will not stop until today and be the discussion in the future.. This is a reality we should be accepting because it is as subjective and personal choice..
All humans are like that, infact its in vine to doubt on everything. But those invested in bitcoins and get to know more about bitcoin are know how valuable bitcoin. Myself I doubted bitcoin but I wants to invest on early stages but back than I dont had the money. But I always believe in bitcoins.
budakjawa
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July 06, 2018, 03:38:17 PM
 #59

yes of course bitcoin is very useful and very valuable when bitcoin fails and makes a lot of people to be a loss then definitely bitcoin will be worthless again.

Harah
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July 06, 2018, 03:39:09 PM
 #60

Bitcoin is valuable because it is durable. You can be sure that even in 100 years, as long as the Bitcoin network is up and running, you’ll be able to exchange bitcoins as long as your wallet is safe.
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