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Author Topic: If Bitcoins aren't tied to a conventional currency how did they get so valuable?  (Read 138 times)
bajingluncat
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August 02, 2018, 10:57:10 AM
 #41

it will be a little difficult, so the price of BTC is still pegged or refers to conventional currency, but if all aspects or transactions in this world have fully used BTC, then the BTC will have its own value and may not be affected by conventional money, but I think now btc still has high value and is still very valuable if we have it, hopefully the market is getting better so that the bcc has a high price again and hopefully in the future btc can be used as a full transaction tool without having to exchange the conventional money at least this will make life we are a little simpler

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kosaymoive333
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August 02, 2018, 10:59:56 AM
 #42

I think if bitcoin is not associated with a common currency the value of bitcoin will continue to decrease, the impact of bitcoin will not be too big for the economy, bitcoin is still not comparable to traditional money.
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August 02, 2018, 11:21:50 AM
 #43

Bitcoin and altcoin are not a substitute for traditional money. If bitcoin is not linked to a conventional currency, the value of bitcoin is unlikely to be sustainable.
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August 02, 2018, 12:14:34 PM
 #44

I think bitcoin is not necessarily associated with any currency, bitcoin is always bitcoin, anyway, the bitcoin value will be very high in the next time
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Today at 11:36:37 AM
 #45

I think that the price of bitcoin also depends on the production itself, because people who produce bitcoins lose not small money, and they do not have the benefit of selling it cheaper.




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