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Author Topic: Btc has no value  (Read 11142 times)
sari_
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June 27, 2019, 11:29:42 PM
 #181

if in my opinion now bitcoin is actually getting better bro. because the price has started to rise. if compared to other coins the price hasn't gone up unless it's only a little. but bitcoin has gone up pretty well. even though it hasn't reached its highest price
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June 28, 2019, 12:22:09 AM
 #182

I see that there are so many negative people around the crypto feild. I believe that the bitcoin has a great value and we can see it on the different crypto  price chart, maube we need to make oir own research before saying anything like bitcoin has no value😊.
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June 28, 2019, 01:29:07 AM
 #183

From nothing comes something
Bitcoin has zero value when it is being compared to something that is backed by a metal. Bitcoin is based on an idea and the coding behind it allows people to transfer their backed assets virtually with lower fees.

 
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June 28, 2019, 03:57:40 AM
 #184

Speculations upon speculations. Its going up to 50k , its going down to $1 k. Truth is nobody knows with bitcoin. If you not good with gambling, stick to fiat currency.

However, if you decide yourself to invest in crypto,  never invest more than you can afford to lose.

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June 28, 2019, 11:02:48 AM
 #185

Is that so? Today Bitcoins is a most valuable asset in the market and the Bitcoin price hike has proven it. As the current news flashes the BTC@$14k.
OP is pointing out to those people that are calling bitcoin has no value but they are using paper money which has been printed and the value has been declared by the gov't.

In summary, they are telling the same thing with fiat money that we use.

Earlier fiat really had some value as it was supported by gold and sometimes other goods, but now the price is regulated. Bitcoin has a different value, that's just its equivalent is not yet clear.
Now it's the gov't that dictates on how much is the value of their fiat.

And most of the local currencies now are depending to the market of USA, so if there's an economic crash on US, almost every country that depends on them will have their crash as well and so is the inflation.

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June 28, 2019, 06:43:39 PM
 #186

Speculations upon speculations. Its going up to 50k , its going down to $1 k. Truth is nobody knows with bitcoin. If you not good with gambling, stick to fiat currency.

However, if you decide yourself to invest in crypto,  never invest more than you can afford to lose.
It seems to me that these words can already become a motto for the entire cryptocurrency market, so that no one gives more than they can lose.  The fact is that in any case, when prices reach a certain maximum, they will sell Bitcoin unequivocal to earn with its help.  After all, it is for this that we invested our money in Bitcoin.

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June 29, 2019, 06:12:22 AM
 #187

The value of bitcoin depends on the persons understanding and how he/she is using it, it's true that it has no physical value but bitcoin can be exchange for fiat and buy goods online so the value of bitcoin cannot be determined just by saying it has no value because it is not a paper money.

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June 29, 2019, 12:36:55 PM
 #188

bitcoin does not have value because bitcoin has no physical form, but I think now that bitcoin is becoming the most popular digital currency and bitcoin will continue to run in the positive direction into a valuable coin to accompany money as a means of transaction

One can say that Google and Facebook do not have value because they do not have physical form. Yet if you want to acquire them you will need to bid above $100 billion or no one would start negotiating with you otherwise. In the age of the Internet we should get used to the fact that some things can cost really a lot even though they have no physical form, and Bitcoin is one of such things.

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June 29, 2019, 01:19:33 PM
 #189

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.

Hey, Bitcoin is a digital asset that has a high value. If you have at least 10BTC, you can afford anything. That proves that Bitcoin has valuable value.
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June 29, 2019, 02:10:21 PM
 #190

I will always think of this many advantages that we will get btc is very encouraging for us all crytocurrency provides a lot of knowledge and procedures for managing money well and really this is economics that is useful in intelligent technology.
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July 02, 2019, 05:17:58 AM
 #191

The value of bitcoin depends on the persons understanding and how he/she is using it, it's true that it has no physical value but bitcoin can be exchange for fiat and buy goods online so the value of bitcoin cannot be determined just by saying it has no value because it is not a paper money.
Paper money also has no value practically. It has a value because of the consensus that yes this is one dollar bill and thus I can use it for paying 1 dollar. Similarly with any asset people have decided a value of that asset based on market last trades.

Bitcoin is also having a value financially from the exchanges trading on it, however the real value comes from the community support behind bitcoin and the whales who make the market rise and fall. People who try to venture here with the idea of making money quickly will get burnt out easily because they dont understand these fundamentals about bitcoin.

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July 02, 2019, 06:01:20 AM
 #192

As of now, there is not much really backing the extraordinary value of BTC/Crypto except people's beliefs and expectations Smiley

The blockchain concept IS revolutionary for sure but its too early to price BTC at $10k.

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July 02, 2019, 08:30:36 AM
 #193

I think it is the generation gap that is making few to understand and adopt to this new "money"

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July 02, 2019, 09:12:49 AM
 #194

bitcoin has as much value as others are ready to pay for it , very simple
the supply/demand model is working for every single asset on this planet
if there are people ready to pay something for it , then it has that value , you can see the current value at the exchanges
it always makes me smile when I hear that bitcoin has no value or that its a HYIP or a bubble or similar nonsense
 

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July 02, 2019, 05:59:36 PM
 #195

It seems to me that now the price of Bitcoin will be primarily realized at the expense of supply and demand in the cryptocurrency market.  Although I very much doubt that cryptocurrency users will again make the same mistake as in 2017.  No one wants to make a full-fledged investment in Bitcoin at a price of over $ 15,000, of course, if Bitcoin is not predictable and does not improve its performance.
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July 02, 2019, 07:21:42 PM
 #196

It seems to me that everything depends on the current situation and if it is assumed that Big Business is interested in Bitcoin transactions, for the fast and high-quality nature of the funds, Bitcoin will become more popular and improve its condition in the cryptocurrency market.  This increase in capitalization and price increase, which will be equivalent to an increase in interest in Bitcoin.
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July 02, 2019, 10:52:16 PM
 #197

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.

If Bitcoin has no value, for sure it won't increase as they have now, and it won't stand long for more than 10 years. But the price value of Bitcoin at the moment was too huge, it means many community all over the world embraced the good features it has and the possible benefits that We could get from it. And it possible too that it can be the world currency someday.
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July 02, 2019, 11:11:49 PM
 #198

Paper money has no value other than the value placed on it by the government, i mean whats the different between a 20usd note and a 100usd note? are they not both notes? but one is valued more than the other thats all. So saying bitcoin is worthless is an illusion, your bitcoin is worth what you say its worth.
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July 02, 2019, 11:19:06 PM
 #199

If Bitcoin has no value, for sure it won't increase as they have now, and it won't stand long for more than 10 years. But the price value of Bitcoin at the moment was too huge, it means many community all over the world embraced the good features it has and the possible benefits that We could get from it. And it possible too that it can be the world currency someday.

I think what you are saying is the price right now,  it is true that its value is huge but it differs for every investor. If bitcoin really has a value, an intrinsic value, then there would be no way that we could put the price of it beside USD. Do you see the price of btc without the fiats? No, that is what we are talking about here but that is the same with fiat, it is just a paper told by the government that is the currency, designed it, print it making us believe it is worth that much, it is still a paper though.

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Youghoor
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Activity: 1036
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July 02, 2019, 11:26:24 PM
 #200

Anyone who thinks or have the mindset that Bitcoin has no value  do not really know or understand what Bitcoin and cryptocurrency represent. Bitcoin is the alternative representation of money in the digital form. Bitcoin has value. Its high time people accept this fact...
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