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Author Topic: What Makes Bitcoin Valuable?  (Read 4808 times)
imking
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July 15, 2019, 05:17:37 PM
 #61

The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

Bitcoin is valuable because of the limited stocks, decentralized, potential, transparency, acceptance, and many more. It is limited to an estimated 21 million. Decentralized, so that is open to all and away from a single administrative. Potential to become and develop in the future because it is the pioneer of cryptocurrency. Transparency you can always check that transaction in the blockchain and acceptance when the acceptance of bitcoin increase and many companies are willing to accept bitcoin is made bitcoin much valuable.
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July 15, 2019, 11:24:43 PM
 #62

The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

Bitcoin is valuable because of the limited stocks, decentralized, potential, transparency, acceptance, and many more. It is limited to an estimated 21 million. Decentralized, so that is open to all and away from a single administrative. Potential to become and develop in the future because it is the pioneer of cryptocurrency. Transparency you can always check that transaction in the blockchain and acceptance when the acceptance of bitcoin increase and many companies are willing to accept bitcoin is made bitcoin much valuable.
Yes, that is what makes bitcoin valuable. We are now in a digital world and bitcoin can be consider as digital money or virtual money like fiat can do in digital transaction and because it has a define circulating supply in the crypto market then its availability factors makes it valuable.

blue_nexus15
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July 16, 2019, 09:53:46 AM
 #63

The value of bitcoin goes hand in hand with the efficiency of blockchain technology - the most advanced, efficient and secure today. It gives an infinite freedom to the people. And in part, the organic need for bitcoin from human goals and intelligence also has the effect of boosting bitcoin prices.

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July 17, 2019, 12:59:37 AM
 #64

The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

https://youtu.be/T4ltMvjGO5Y
It will helps people who are interested in bitcoin.Bitcoin is more valuable in terms of payments and daily transactions in internet and because its decentralized it could be consider as our digital money.Bitcoin can be valuable everyday  that makes a huge demand in the market.

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 WebsiteReddit △  Twitter Whitepaper △  ANN Thread
Artemis3
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July 17, 2019, 01:45:53 AM
 #65

The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

I'd rather read a book than watch a video about a book. Where is the book? Do you have a link to the .epub of it? If author allows, of course.

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Moiyah
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July 17, 2019, 02:09:40 AM
 #66

I have not read any books about bitcoin or crypto, but it did not prevent me from trading and understanding how it works

Me neither. I haven't read such books about bitcoin but I am willing and eager to read one in the future. I am fond of reading books, if there is available time I will purchase one. However, for me, bitcoin is valuable in a sense that it is considered as a digital asset, an investment. And has a high value that majority of the crypto users compare it to gold.
Polo7
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July 17, 2019, 08:43:13 AM
 #67

The Fiat currency and quantitive tightening is main reason the btc price is low now!!


Once the USA, eu and au will do QE the price of btc will be fine Again!!



Theter minting was behind so called recent bull run it was bull trap!!


Im waiting now if the FED WILL realest QE then btc is Good Again.
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August 15, 2019, 06:28:12 AM
 #68

Anonymity, decentralization, and also first bitcoin.
Aside its anonymity, and decentralization, bitcoin becomes a valuable coin because it has limited supply and unlike money they keep printing and using to s corruption tool, bitcoin will be had to practice corruption on it, which means it usage may actually be the solution to thee corruptions in our government that is always tying to money.

bitcoin has also given so many people trade freedom, especially those who has been finding it difficult to make payment across the border, now they can easily transact their business without having to get worried if their payment will be delayed, payment denied or have over high fee which usually lead to high cost of products when it eventually lands their country, so bitcoin has really been more of great blessings to people.
Polo7
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August 15, 2019, 06:45:20 AM
 #69

Btc and Gold has no real value!!


You take them out of exchangers you dissconnect them with exchanger system they will have Zero value.





Money has value 20dollar bill is 20 dollar bill. 

Without Money the Gold and btc has no value any way.


Centralised... Makes no value!! 
Gold and Bitcoin is pure speculation.


Bitcoin is Vehicle to move fiat currency but btc Can't be never currency.



To Say that BTC and GOLD is a asset its even nonsense the real asset is real estate and Land.

And Please stop talking this nonsense like de-centralised Banks will never allowe this to happend the kyc is everywhere now privacy???  What kind of privacy??  There is non



Privacy is Only for big Bitcoin traders through OTC 
For average guy they watch if u are not tax invader.



So people stop the bs. 
Get into Reality!!!
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August 15, 2019, 07:59:21 AM
 #70

Firstly, its limited quantity. Secondly, it is decentralized and anonymous. And in the third, the fact that this coin opened the doors to the world of cryptocurrencies for us. He will always remain dear and best. Another reason is because it is very difficult to mine.


Non of these factors not give value! 
Fiat currency has Only the real value.
Buying stocks, gold or BTC you might just want to through your Money into fire. 

You buy them... When market is crashing the goal is to make Money not to hold and becoming bag holder! 

Both gold and btc are just with speculated value.
Bitcoin Seller
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August 16, 2019, 08:33:44 PM
 #71

Anonymity, decentralization, and also first bitcoin.

Bitcoin is creating value for both earlier investors and new ones, providing a bunch of the coolest opportunities to use cryptocurrency, the amount of which, moreover, is limited. This is not a hoax or theft, but simply the good old law of supply and demand in action, or in other words, the ancient economic principle, but working with a modern monetary system.
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August 22, 2019, 01:34:56 AM
 #72

Bitcoin is valuable because it cannot be shutdown, why is it that some people still miss this key important part?
And yes, its deflationary with a limited production in code to 21 million with production slowing down to a crawl for years and decades until the last one comes over the course of the next century.

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shoreno
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August 22, 2019, 05:09:36 AM
 #73

Bitcoin is valuable because it cannot be shutdown,
Huh ?  But thats not enough reason to become valueable  . btc is still valueable even if t can be shutdown and there are also things that are not valueable even if they cant be shutdown .

-snip-
Less supply isnt also enough to make bitcoin valueable because i see many coins that have a limited supply but arent really indemand or not yet recognized by most crypto users and there are those that many to unli supply that is popular and seem to be more promising .
Polo7
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August 22, 2019, 05:21:43 AM
 #74

Btc have value the value Coming from exchanger the buy and sell orders making value.

If we dissconnect bitcoins out of exchangers the btc Will have Zero value!


The value Can be Zero and infinity but If its Not connected with exchanger we Can't see the price!
Markets dictating the price.


Bitcoin value is Zero and infinity the Quest ion is how we Can meassure that value correctly!!!



That's most correct answer for sure!

matchi2011
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August 22, 2019, 06:28:36 AM
 #75

The value of any asset or cryptocurrency is determined by its supply and demand level on the market. With a constant supply of an asset like BTC, a rise in its demand always result in rise in its price hence an increase in value.
More new invested money more valuable bitcoin can be, when investors start to keep buying and holding then the market will be realized that its gaining higher valuations, it's following the supply and demand features though there's some differences in regards to how investors show their supports and buy
their assets, your own understanding will bring you the understanding to buy in and invest around.

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August 22, 2019, 07:00:03 AM
 #76

Firstly, its limited quantity. Secondly, it is decentralized and anonymous. And in the third, the fact that this coin opened the doors to the world of cryptocurrencies for us. He will always remain dear and best. Another reason is because it is very difficult to mine.

Man, you have not been listening very well to Bitcoin at all. Every developer even knows this and Bitcoin is only pseudo anonymous. If you want proof, just read the news yesterday about Tether and Bitfinex, all their funds being blocked by the US government and they were a Bitcoin exchange companies.

If you buy and sell Bitcoin, you still need banks. So it does not keep you anonymous.

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August 22, 2019, 10:38:40 AM
 #77

Firstly, its limited quantity. Secondly, it is decentralized and anonymous. And in the third, the fact that this coin opened the doors to the world of cryptocurrencies for us. He will always remain dear and best. Another reason is because it is very difficult to mine.

Man, you have not been listening very well to Bitcoin at all. Every developer even knows this and Bitcoin is only pseudo anonymous. If you want proof, just read the news yesterday about Tether and Bitfinex, all their funds being blocked by the US government and they were a Bitcoin exchange companies.

If you buy and sell Bitcoin, you still need banks. So it does not keep you anonymous.
In my opinion, ypu cannot be completely anonymous in today's world. Really. Not on the internet, never. So, it doesn't matter what we do, we are not anonymous when we use any of electronic devices.

yeah, even if it was possible to be anonymous, it wouldn't be safe. it is good to be verified while investing, especially when you use reliable and trustworthy cryptocurrency exchange, there is nothing to worry about, that they have got your data
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August 22, 2019, 12:10:18 PM
 #78

Firstly, its limited quantity. Secondly, it is decentralized and anonymous. And in the third, the fact that this coin opened the doors to the world of cryptocurrencies for us. He will always remain dear and best. Another reason is because it is very difficult to mine.

Man, you have not been listening very well to Bitcoin at all. Every developer even knows this and Bitcoin is only pseudo anonymous. If you want proof, just read the news yesterday about Tether and Bitfinex, all their funds being blocked by the US government and they were a Bitcoin exchange companies.

If you buy and sell Bitcoin, you still need banks. So it does not keep you anonymous.
In my opinion, ypu cannot be completely anonymous in today's world. Really. Not on the internet, never. So, it doesn't matter what we do, we are not anonymous when we use any of electronic devices.
Especially with KYC being implemented in many startups and investment sites on the internet. many crypto investments use this method, thereby reducing the anonymity of crypto. but I believe that the anonymity in crypto still exists in some parts. if you have never touched KYC then your identity is safe
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August 22, 2019, 02:00:19 PM
 #79

What makes bitcoin valuable? There are few things that makes it valuable; First, because bitcoin supply is limited with greater demand which is all over the world unlike fiat money that every country has their own currency with unlimited supply. Second,bitcoin is Decentralized and most people like a decentralized form of money or asset which is not issued and controlled by the government. Third,the demand of bitcoin is greater while the supply is more lesser. Fourth, you can earn much bigger profit in bitcoin than  investing to other projects not related to bitcoin or cryptocurrency.

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August 22, 2019, 03:36:25 PM
 #80

The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable.

If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two.

Get up to speed on your Bitcoin education.

https://youtu.be/T4ltMvjGO5Y

You can find answers of your question in its features!
Bitcoin is limited and will be only 21 million. So if you compare any FIAT money with it. I think you can understand. Supply-Demand!
Bitcoin is decentralized. So no one increase or decrease total supply. And no one control it!
Bitcoin is transparent. (This is the feature of blockchain actually but valid for BTC.) You can track all transaction easily with blocks.

And BTC has a great community support. All world be aware it potential now.
The overall thing that makes Bitcoin (or any item/services) valuable is DEMAND. Let's not forget that Bitcoin didn't become valuable overnight because of its limited 21million supply. No! It didn't happen that way. Otherwise from the beginning of its creation it wouldn't have been sold at less than $1 or the Pizza dude wouldn't have given out his 10,000btc just to eat 2pizzas. So, this goes beyond total supply or decentralization. It's the community demand that keeps price of Bitcoin up.

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