Btc has no value

[Ryan Dugan]

Nothing has a value. Value is just given according to what someone says it is worth. If people say a playstaion 4 is owrk $400 and they will sell it at the the public will decide to agree or not and this will effect says and they will adjust it. Esspecially with hand made things and art work. You cannot really out a price on art can you? Yet people can and do. They decide what it is worth to them

So it us right now bitcoin is worth what it is in the exchange because we are willing to trade that amount of bitcoin for said item or service divided by the total amount of users and mined bitcoins.

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[Noversetied]

currently the community recognizes bitcoin quite strongly, with great acceptance, the need for it to be huge, limited supply, not to mention loss of hold, the value of bitcoin goes even further

[indrakusumaindra]

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.

well people need to learn what currency is, bitcoin indeed could be called currency and i do think bitcoin could become the leading currency in future, but i do think it will take a lot of time until will be in that era. But right now all that matters is bitcoin technology which will helping people in many area.

[partysaurus]

Well, I don't think Bitcoin has no value . Why? Because if there is none why many people still into it. Many still gaining income from it. So meaning they valued Bitcoin.

They value bitcoin but bitcoin does not have any intrinsic value. This is a correct statement.

Just like the fiat money is just a piece of paper with some writing on it, it also has no value in it if you consider it as a piece of paper. Now people take it for granted that they have a certain denomination and thus a consensus of a value. Bitcoin is valuable because people support it and they have been buying it gradually leading to a price which is considerable against fiat money.

its the same with art its just some paint on a canvas and it can be worth alot of money, or it can be worthless, same with everything realy things are worth what people are willing to pay for them.

[Ravion]

The only reason fiat money has value is because people accept that it has value. Sure fiat money used to be backed by gold or silver. But Gold and silver has value for the same reason. People hold money becuse it can be exchanged with goods or services. Some people have decided that they want to hold cryptocurrency instead as money. It's that simple.
If Bitcoin were to be accepted by all businesses and stores then I think many more people would start using it instead of fiat.

[RomanPetrush]

All money is just nothing, bitcoin is the same money but on the blockchain. We all play that game, that we need something for exchange purposes. But a low amount of BTC is that's why it cost a lot.

[The Cryptovator]

If someone create a good thing there will be someone against it at the beginning. Same as for bitcoin. There is few people's who do not support or like bitcoin. But it doesn't mean bitcoin isn't worthy. Bitcoin has been created for financial freedom. That's why some people's doesn't like it. Centralized supporters couldn't support decentralized system. We don't need worry about it. We just need to spread the word about bitcoin.

[normanz]

Bitcoin is a cryptocurrency and because of its decentralization, bitcoin has no definite value, but the most important thing for me is that bitcoin can be an asset and also has a function as a payment method.

[bitcoindusts]

Lol! These are the shallow reasoning of those who claim that anything that cannot be seen and touched are nothing. Probably this is what they are trying to point out. Just because it is not tangible/physical so they say it has no value. Paper money and coins are made from something though unlike crypto that are just figures and has no physical manifestations.

[mickeybuddy27]

Well, I don't think Bitcoin has no value . Why? Because if there is none why many people still into it. Many still gaining income from it. So meaning they valued Bitcoin.

Of course bitcoin has value. We do not waste our time without gaining from it. Bitcoin exist and circulate on the market which make it volatile. Even we cannot touch it like fiat, we can able to used it as a real one to pay for something we buy though it is a product or a service.

[Utuhikan]

I think only bitcoin haters say that bitcoin has no value. Bitcoin is a great technology that has a huge benefit value so it's not fair if bitcoin is said to be worthless. Now we clearly see that the development of bitcoin tends to get better. Bitcoin is increasingly gaining public trust. The popularity of bitcoin is recovering. This is a sign that bitcoin really has value. We have to be wiser in hearing every news that exists.

[FlightyPouch]

Bitcoin is a cryptocurrency and because of its decentralization, bitcoin has no definite value, but the most important thing for me is that bitcoin can be an asset and also has a function as a payment method.

Well, they said that bitcoin has no intrinsic value though it has an exchange price to USD of what we have now. Thankfully it is decentralized so you can earn fully with its volatility. I hope this continues but we can't do anything if your government or my government try to give implement taxes on it.

I think only bitcoin haters say that bitcoin has no value.

It has no intrinsic value, strip it's the price in USD and other fiats what will it have? nothing. You can have a trade to other crypto currencies but I don't think that will have a price.

[TheUltraElite]

its the same with art its just some paint on a canvas and it can be worth alot of money, or it can be worthless, same with everything realy things are worth what people are willing to pay for them.

Many things as such we have given value to them because of our own reasons and art is definitely one of them and that is only applicable to those who collect and trade in art because of historical value. These are traditions like gold collecting and they do give that person and their prodigy an asset to secure over the years.

Bitcoin can be thought as an asset albeit a risky one because of market fluctuations but same is for other precious metals and stocks. We do think of speculative market as gambling but people see the value in the support behind bitcoin and its ideology.

[dentolas]

people just like to badmouth the things they don't fully understand.
Value is something people agree and recognize on an object. A $100 bill is only paper with writings on it... the differece is that we recognize value on that paper size and writings...
BTC is a digital form of money... as simple as that
By the badmouthers logic we couldn't use paper money.... oh, but we can, and it has value because the government said so... 

[Leh-Meh]

Well, I don't think Bitcoin has no value . Why? Because if there is none why many people still into it. Many still gaining income from it. So meaning they valued Bitcoin.

Few buyers for Bitcoin at $4000. I was interested in Bitcoin till $400 only. After that there is high-risk of loss of money.

[maydna]

All people who involve in the cryptocurrency world will say that bitcoin has its value, and they will say that bitcoin value will go always up and down following the trends. Sometimes, the price can go up, but at the other time, the price can go down, and they don't feel that is wrong with that. Some people don't like to see bitcoin price is going down because they think that they cannot make a profit from bitcoin, but if they can hold their emotion and following the bitcoin journey, I think they will have the same opinion about bitcoin, and they will use bitcoin as an asset for a long time.

[Leh-Meh]

"I'm sure that in 20 years there will either be very large transaction volume or no volume -- Satoshi Nakamoto

[bitzizzix]

If you think logically, why does everyone join this forum if bitcoin has no value, precisely the reason they are here is that bitcoin has very valuable value and their main goal is to hunt bitcoin in their own way.
Bitcoin is a coin that has a high value among other coins and will be profitable if you will make you rich if bitcoin rises high.

[Naginiya]

Same old theories.Bitcoin has no value.So why they pay for bitcoin?Why bitcoin got demand? This is 21st century. Century that all going to be digital.Digital society want digital money transfer method.How they transfer without? Time of paper money is over.This is century of digital money.

[Ferris419]

Yes, Bitcoin has no value,? So does Money! People make these valueless things valuable. Who says Bitcoin has no value now, they are backdated or maybe blind! A guy bought a pizza by thousands of Bitcoin, that time bitcoin hasn't enough value, but right now, banks are fearing the bitcoin growth and popularity, facebook, google, vk, Jp Morgan and a lot of famous faces are coming to bitcoin, and they are saying bitcoin has no value? They will regret forever! of bitcoin!