Btc has no value

[LUCKMCFLY]

What happens is that the Crypto market has many variances, and it is not that bitcoin has no value, it has an intrinsic value and it has a value thanks to its Blockhain technology. Given these cases it is easily verifiable that it will always obey the Supply-Demand Law, which is not required to have a backup, as it happens in the Stock Market. Its value is not its price, the value is a number that can be given with the fundamental analysis, but the price is established in the market.

[ElevenX]

Some people saying BTC has no value as is made from nothing. Those same people using money in every day life. If we look into paper money as terms of value this piece of paper is also without value and also made from nothing.

If we think this way then we should be only exchanging goods like gold, stones, weapons, food.

BTC, Crypto is in my opinion only next step in term of money. So we will be calling BTC money soon. It will only be huge advantage for us early adopters to get some while cheap.

When btc will be replacing money in terms of salary anyone who will one 1 BTC only will benefit a lot as with price increasing people will get salary of cca. 2000 sats and 1 l of milk will cost 1 sat in the store.

I think the bolded would be a big problem. If Bitcoin were to take over, too much resentment from the non early adopters.

[50 Cent]

Some people saying BTC has no value as is made from nothing. Those same people using money in every day life. If we look into paper money as terms of value this piece of paper is also without value and also made from nothing.

Bitcoin have most of value with can buy anything online market store to buy car, house or big property https://www.canadianrealestatemagazine.ca/news/will-buying-real-estate-with-bitcoin-catch-on-238482.aspx
or you can buy electronic home, PC, televition, etc https://www.newegg.com/global/id-en/

[adzino]

Some people saying BTC has no value as is made from nothing. Those same people using money in every day life. If we look into paper money as terms of value this piece of paper is also without value and also made from nothing.

If we think this way then we should be only exchanging goods like gold, stones, weapons, food.

BTC, Crypto is in my opinion only next step in term of money. So we will be calling BTC money soon. It will only be huge advantage for us early adopters to get some while cheap.

When btc will be replacing money in terms of salary anyone who will one 1 BTC only will benefit a lot as with price increasing people will get salary of cca. 2000 sats and 1 l of milk will cost 1 sat in the store.

It is very hard and confusing to understand what you are trying to say. I get the first part. Yeah, paper money are just pieces of paper printed by the government. The government can print the money anytime (but they don't as it will decrease the value of the money), but the amount of bitcoin that can be mined is limited. Thus in this case, bitcoin is actually far better than paper notes.
We still do call bitcoin "crypto currency" which is kind of a digital money.

[valentin68]

Bitcoin has a huge value.
The value of the Bitcoin is given by the work that has been done to obtain it, by the energy that has been spent for it, by the its use and embracement by so many people in the world.

To obtain 1 bitcoin today there are necessary 30 barrels of oil, there are necessary highly specialized ANTs (dedicated computers to obtain that very precious HASH) there are necessary special buildings to host these dedicated compuets, there are necessary many people to maintain these computers.

You can buy with bitcoin everything you desire in this world from every person in this world. The value of the bitcoin is given by the World economy growth that has happened in the last 10 years.  It is an huge economic growth of every country in this world, and Bitcoin has everything to do with this growth.

In 10 years from now the Bitcoin value will be 10 000 000 USD/1 bitcoin (10 million USD/ 1 bitcoin)

[Nellayar]

If bitcoin has no value then I cannot withdraw anything. From the moment I joined the crypto space, I believe that bitcoin will be valuable. However, it is volatile and it may devaluate anytime. But don't afraid because bitcoin will always be the number one when it comes in cryptocurrency. In short, it will never goes to zero.

[FlightyPouch]

So we will be calling BTC money soon. It will only be huge advantage for us early adopters to get some while cheap.

This is the reason why I don't think it will be called money so soon. Users and investors of BTC will have the upper hand and will earn more. With that, they will be able to control the market and just think about how countries will be so miserable when that time comes. The economy is controlled by the whales, that is horrifying.

When btc will be replacing money in terms of salary anyone who will one 1 BTC only will benefit a lot as with price increasing people will get salary of cca. 2000 sats and 1 l of milk will cost 1 sat in the store.

I am thinking about the fees people will be paying, that will be a problem.

[slaman29]

What happens is that the Crypto market has many variances, and it is not that bitcoin has no value, it has an intrinsic value and it has a value thanks to its Blockhain technology. Given these cases it is easily verifiable that it will always obey the Supply-Demand Law, which is not required to have a backup, as it happens in the Stock Market. Its value is not its price, the value is a number that can be given with the fundamental analysis, but the price is established in the market.

I really do not understand why people keep insisting there's no value when clearly, people are buying and selling it every day, every second in fact.

You can argue all you want til your face is blue that X or Y has no value but if there is always a willing buyer, then for sure it has value, regardless of what you THINK about it.

Even sand has value. And air sold in bottles.

[iMark]

Some people saying BTC has no value as is made from nothing. Those same people using money in every day life. If we look into paper money as terms of value this piece of paper is also without value and also made from nothing.

If we think this way then we should be only exchanging goods like gold, stones, weapons, food.

BTC, Crypto is in my opinion only next step in term of money. So we will be calling BTC money soon. It will only be huge advantage for us early adopters to get some while cheap.

When btc will be replacing money in terms of salary anyone who will one 1 BTC only will benefit a lot as with price increasing people will get salary of cca. 2000 sats and 1 l of milk will cost 1 sat in the store.

Agree, it is precisely what should be questioned about the value of paper money, its just a "paper" that written a number. while bitcoin or crypto is a form of innovation, and technological innovation must have a price. the world will be digital in the future, so declaring bitcoin no value is a big mistake

[BlackFor3st]

It will always depend on the situation but everything has a value especially if someone is looking or buying for it.

Btc came from nothing but if you are going to compare it in it's today's price then you will be surprise how the 1 btc has a value of 8k$ while keep on increasing. Fiat are useless if no one will accept it, the same with BTC but as of the current happenings right now there are countless of people who accept and adapt bitcoin.

[Johnzky]

We're already calling bitcoin as money.

When btc will be replacing money in terms of salary anyone who will one 1 BTC only will benefit a lot as with price increasing people will get salary of cca. 2000 sats and 1 l of milk will cost 1 sat in the store.

As for this, we have good news.

--> https://cointelegraph.com/news/kraken-paid-250-salaries-to-staff-in-bitcoin-last-month-exchange-tells-critic

ELL still those are speculatives only and none to become reality in near future,but if this happen for sure many will cry for denying to believe in our virtual currency
I remember when bitcoin was first introduced to the world,almost people who heard this called a scam and nothing to go through but now?we can see how they regrets the past reaction and now are investing here

[XFlowZion]

Some people saying BTC has no value as is made from nothing. Those same people using money in every day life. If we look into paper money as terms of value this piece of paper is also without value and also made from nothing.

If we think this way then we should be only exchanging goods like gold, stones, weapons, food.

BTC, Crypto is in my opinion only next step in term of money. So we will be calling BTC money soon. It will only be huge advantage for us early adopters to get some while cheap.

When btc will be replacing money in terms of salary anyone who will one 1 BTC only will benefit a lot as with price increasing people will get salary of cca. 2000 sats and 1 l of milk will cost 1 sat in the store.

You forgot the tx fees pal. People might only use btc for larger transactions like those who owns big stores or runs a business. And for us ordinary consumers, there might be an alternative coin that will suit our buying demands and does not need any extra gas or fees.

[izanagi narukami]

First , BTC was no value but now it's valuable.
It must be the reason why crypto gone high like current value.
IMO, because people like invention especially for digital transaction and investment.

Second, Bitcoin can't replace money because they are different.
Crypto value really depend on the market while fiat are being control by government.
So you can see, which is riskier ?

[Cacingkemi]

Its good enough to learn that later if BTC gets the highest price for everyone here it will be a big boss, I'm very happy to describe the future if its like that. Well if milk is worth 1 sats, its enough to make me become a cow boss, Can buy islands filled with cows to produce a lot of milk .

[Vaculin]

First , BTC was no value but now it's valuable.
It must be the reason why crypto gone high like current value.
IMO, because people like invention especially for digital transaction and investment.

Second, Bitcoin can't replace money because they are different.
Crypto value really depend on the market while fiat are being control by government.
So you can see, which is riskier ?

Bitcoin is still considered money since it is a digital currency but its not physically present unlike fiat currency which is totally controlled by the government. Though it has no value for some people but for those who have known it so well and are craving even a single bitcoin, it has the biggest value compared to other currencies.

[ralle14]

I think bitcoin is not worth it, because bitcoin someone can get a decent life or vice versa. Bitcoin is not money, but bitcoin is a future asset.

That's only one way to look at Bitcoin, you forgot that it's still called cryptocurrency and you can see the posts from the previous pages there are people willing to spend and accept Bitcoin. It may not be big as fiat but it's a good alternative in some situations.

When btc will be replacing money in terms of salary anyone who will one 1 BTC only will benefit a lot as with price increasing people will get salary of cca. 2000 sats and 1 l of milk will cost 1 sat in the store.

It's not just people who have 1 BTC, to make it short those who have more of it will benefit more but even if others don't have an entire Bitcoin there's still something to gain from it.

[iamzill]

Bitcoin is actually considered as digital money. It has value but its role is quite different from physical money. It could be a currency in the future but it doesn't mean that t will be replacing any currency. We only need adoption and acceptance to make it the most valued currency.

the lack of bitcoin is the absence of physical form, bitcoin is becoming a digital form that is currently still being questioned by many people. so I think right now bitcoin is still a stranger to things commonly used but in the future bitcoin will still be useful and have value.

[ONEnergy]

Just remember Total supply is only 21 mio. Yes, there might be supply increased but only in case, 51% of miner agrees to that which is very unlikely.

If you only have one you will be one of the lucky one to poses that much. Once it goes global there is no way to get one even if will be rich in a matter of fiat.

If I go out on a street and offer fiat or crypto for free I think 90% will still choose fiat. But this will change in a few years. Just a proof we are still early adopters.

[oseikuf44]

If Gold, Stocks or houses has no value and hence not money so then is Bitcoin. If they are have value and is money so is Bitcoins. This erroneous that Bitcoin has no value and is not money must be denounced by any investor. Bitcoin is acquired with money and hence the value of Bitcoin is the money that is represented at a market rate at that particular time.

[Oceat]

Bitcoin is actually considered as digital money. It has value but its role is quite different from physical money. It could be a currency in the future but it doesn't mean that t will be replacing any currency. We only need adoption and acceptance to make it the most valued currency.

Its value is determined by demand. If people need it and believe in its future, Bitcoin is growing. Suppose, very soon, it will be accepted as money. Why not? If you are able to buy things for it, it is possible.

It is indeed since if you really look at the previous price of Bitcoin before it was just a cent per BTC because the demand is still low. But when people start to adapt to it and start using it as a mean of payment for every transaction across the globe. Then the price starts to grow as more people starting to use it then it spread like a wildfire across the globe.