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Author Topic: Are bitcoins valuable?  (Read 1789 times)
daoquanghuan (OP)
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July 06, 2018, 02:55:50 AM
 #1

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?
First77
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July 06, 2018, 03:01:17 AM
 #2

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%.
pooya87
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July 06, 2018, 03:02:09 AM
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 #3

they have been saying that about bitcoin for as long as it existed. they don't even believe it themselves either, otherwise they wouldn't have stuck around this long buying bitcoin all the while. i recently went through my post history and found interesting stuff from back in 2014 which i posted here: https://bitcointalk.org/index.php?topic=4525450.msg41539055#msg41539055 look at the bottom part of that comment which are quotes from 2014, you can click them and see the whole topic. you can see nothing has changed between now (price @$6600+) and 2014 (price @$200-$300)

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littlePig
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July 06, 2018, 06:09:12 AM
 #4

Honestly, I think bitcoins are valuable but it will be valuable in the future . Bitcoins are not valuable now, for real
nellakarisma
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July 06, 2018, 06:11:39 AM
 #5

if I think bitcoin is very valuable at all. because by having bitcoin We can realize something we dream of. like building a house and so forth .
Doterti
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July 06, 2018, 06:26:58 AM
 #6

if I think bitcoin is very valuable at all. because by having bitcoin We can realize something we dream of. like building a house and so forth .

The bitcoin is valuable because it has many opportunities that gives people especially things they want and need and with that as the years goes by the bitcoin will become more useful and very needy in the future.
Rose119
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July 06, 2018, 06:34:25 AM
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if I think bitcoin is very valuable at all. because by having bitcoin We can realize something we dream of. like building a house and so forth .

The bitcoin is valuable because it has many opportunities that gives people especially things they want and need and with that as the years goes by the bitcoin will become more useful and very needy in the future.

For me bitcoin is valuable because we can earn a lot of profit and aside from that bitcoin is an easy way transactions, in my country you can use bitcoin to pay load or to pay some bills and it's a good way because I don't need to go out just to pay bills. All I need is to pay with my bitcoin wallet.
jcmansah7
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July 06, 2018, 06:43:02 AM
 #8

Who in this time of our world would doubt how valuable bitcoin is??? That person might definitely not be listening to any news for the past 7 years i guess. Well bitcoin is currently over $6000 US and so many people who invested in it way back and quite recently will confirm its value to  you and how it has beneffited them financially.

kastara
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July 06, 2018, 06:56:41 AM
 #9

The bitcoin network is now getting stronger with many projects using bitcoin as a support fund for building projects that use blockchain technology so that more and more people recognize bitcoin.
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July 06, 2018, 07:06:30 AM
 #10

I think the same with you, that all things are the same with confidence and belief.
moonami
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July 06, 2018, 07:13:02 AM
 #11

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?





I think bitcoin is valuable. As of now it has low value because it's price is not that high and it's not that popular, but years later it will be very valuable due to it's high demand and more investments. It will be in our everyday life not for now, but in the future.
rumexx
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July 06, 2018, 07:15:12 AM
 #12

This is apt. You are correct because the trust on bitcoin has been sustained since inception a decade ago. Bitcoin is still valuable and the patronage is even getting higher.Bitcoin is also serving its purpose as a means of exchange.
shafi alam
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July 06, 2018, 07:16:14 AM
 #13

if you think bitcoin is not valuable, then go to coinmarketcap.
see the total market cap is likely 260 billon .
Is it not enough value to you??
Rrtt
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July 06, 2018, 07:18:53 AM
 #14

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?


For me ,simply its valuable to those who believe its valuable, people with deep understanding the current and future usability will surely believe how valuable btc is,Bear in mind that the VaLUE of bitcoin is trending upwards.
Dikarama7
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July 06, 2018, 07:20:23 AM
 #15

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 valuable because the original coins that can grow taller and can provide great benefits. Bitcoin is also more resistant than other coins.

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iamike
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July 06, 2018, 07:34:52 AM
 #16

Bitcoin is valuable but I believe it would be more valuable than it is now. There is more room for improvement. It acceptance and the faith people will have in bitcoin will determine its how valuable it will be in the near future. We the crypto lovers have a role to play in this by instilling hope in the masses in order for them to accept and deal in it.
Herlina
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July 06, 2018, 07:36:04 AM
 #17

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 already valuable in the market I don't care about intrinsic value because basically, that can create value is trust and adoption from society, I agree with that and I think gold and fiat will not be valuable if not trusted and adopted by society, Bitcoin is Decentralized, Bitcoin's supply is limited ,Bitcoin has been adopted and trusted by a number of people so now I think Bitcoin is very valuable

indog
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July 06, 2018, 07:44:54 AM
 #18

Bitcoin is as valuable like a gold commodity traded, but what distinguishes it is the fluctuating and decentralized nature of bitcoin. Now the existence of bitcoin exceeds gold as a digital asset

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July 06, 2018, 07:49:16 AM
 #19

I think bitcoin has become global currency at this time. Bitcoin price determination depends only on the user, although many countries are banning bitcoins but many other countries are receiving bitcoins, which is why bitcoin will continue valuable.
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July 06, 2018, 07:56:15 AM
 #20

The value of Bitcoin is the technology Blockchain brings. It is a belief in Bitcoin. Many people want to own it makes the price of Bitcoin high. Bitcoin is also used as an effective investment tool
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