Why Bitcoin is valuable?

[marilynmanson21]

Bitcoin is valuable because of its rarity where it has a limited supply. In the case of cryptocurrencies, most crypto assets have a maximum supply limit. For example bitcoin (BTC) which has a supply limit of 21 million bitcoins. Many analysts explain that this maximum supply makes crypto assets like Bitcoin more valuable than other assets.

Crypto assets cannot be added to the wishes of their creators like fiat money nor can they be suddenly discovered in large quantities like gold. Therefore, crypto assets will always have a rare nature because of this limited number. This scarcity is one of the reasons why crypto assets are valuable and have value.

[GeorgeJohn]

You have the pre- knowledge of your questions that is while you are enable to explain, the subject sentence looks like you know everything but the letter heading been the title looks directly like you are asking to know, so from my perspective towards the question you ask, Bitcoin is valuable indecencies that is decentralized currency and their is no manipulation and regulations like the way fiat currency been regulate due to its a centralized currency, the final determination of bitcoin values is the conditions of demands and supply, so the length of demands makes Bitcoin valuable.

[mia_houston]

Trust is the main thing that makes bitcoin very valuable today, bitcoin has been trusted by many people as a good investment asset and we all believe that one day Bitcoin will become the currency used by many people around the world to make transactions services and goods, that's why bitcoin is very valuable today, even though bitcoin has a minimal supply but without trust in the future of bitcoin, of course we will all be reluctant to invest or hold bitcoin.

[smartaction]

Bitcoin is valuable coz you trust bitcoin and i Trust bitcoin. We all believe in Bitcoin.  And we have accepted Bitcoin as a future asset. And we can buy products according to demand using bitcoin.  And we can convert Bitcoin into Fiat money. That's why bitcoin is valuable.

You ask this question that (why bitcoin is valuable) 
Why you invest your money in Bitcoin? And why And why do you want to acquire and save bitcoin? where you Don't know why bitcoin valuable. Lol

[Maslate]

Trust is the main thing that makes bitcoin very valuable today, bitcoin has been trusted by many people as a good investment asset and we all believe that one day Bitcoin will become the currency used by many people around the world to make transactions services and goods, that's why bitcoin is very valuable today, even though bitcoin has a minimal supply but without trust in the future of bitcoin, of course we will all be reluctant to invest or hold bitcoin.

And I don't know why many were still rejecting Bitcoin and even ignoring it even though it was pretty obvious that this form of investment is truly profiting than the stock market. The heck about these people is too convinced about fake news and the Ponzi scheme which literally was wrong. But yeah, it was their perceptions and to think that way. Well, we are too lucky that we don't think that way and we do appreciate Bitcoin not only because of its growing value but also because we gain profit.

[Hellen234]

Many people didn't believe Bitcoin initially, but now, it is boom!
I'm seeing such a potency in Packcoin. You can check it out guys.

[Juse14]

Bitcoin is valuable coz you trust bitcoin and i Trust bitcoin. We all believe in Bitcoin.  And we have accepted Bitcoin as a future asset. And we can buy products according to demand using bitcoin.  And we can convert Bitcoin into Fiat money. That's why bitcoin is valuable.

You ask this question that (why bitcoin is valuable) 
Why you invest your money in Bitcoin? And why And why do you want to acquire and save bitcoin? where you Don't know why bitcoin valuable. Lol

Bitcoin is valuable in the eyes of the right people, that's what I want to say. I agree with you, when someone dares to invest their money in bitcoin it means that person believes that bitcoin is valuable and has something profitable as an asset they hold. How can anyone invest in something when he doesn't believe in it, I don't think there will be anyone like that.

[Luckified]

The value of bitcoin cannot be over estimated
It has increased the value of peoples lives

[Alosogodswill]

Bitcoin is very valuable because it grew from steadily and should so much consistency. Packcoin also has such prospect.

[Elbecca]

Bitcoin is valuable because of it steady growth and Metal backed money is having such similarity

[amihada]

People know the price of bitcoin is unstable but a lot of people believe in bitcoin and they invest in bitcoin and some even make bitcoin an asset so that the price of bitcoin goes up, first talking about bitcoin being created it's clear people don't believe in bitcoin the proof at that time bitcoin didn't have a price I mean bitcoin can only buy one burger,

[Similificator]

Quite a simole yet good explanation on what makes bitcoin valuable. This will he a great help for the newbies out there. One thing to take note of though is that there is akey difference which is that poker cards(from the example) can be held physically whereas bitcoin or any crypto currency out there cannot be held physically. It's important to consider this fact because people, specially the ones who are roo lazy to learn about crypto currencies tend to feel more secured holding physical asset rather than digital assets.

[Lele 1]

Trust is the main thing that makes bitcoin very valuable today

[Mallam_crypto]

Well Bitcoin has really been triving through the years at an unexpected rate
I also see Packcoin come up that way

[jamkesmas]

strange and confused question should explain how.

bitcoin is valuable because it has become a legal tender other than dollars that can reach the whole world, and the advantage of btc with dollars is that it becomes an object that can be invested without being manipulated by certain countries.
that is my opinion.

[Ararbermas]

Being holders of bitcoin is one of the reasons why you're smart than other people who gambling but prefer to hold fiats instead of any digital currency and etc such cryptos. We cannot blame to be honest because that's what it is wherein maybe they don't believe in crypto especially bitcoin. As the matter of fact even you if you don't know how valuable bitcoin you will not accept it as well. Lol for me it's valuable than any asset because of the simple principle. For example buy low and sell high..   

[Wawa2013]

Trust is the main thing that makes bitcoin very valuable today, bitcoin has been trusted by many people as a good investment asset and we all believe that one day Bitcoin will become the currency used by many people around the world to make transactions services and goods, that's why bitcoin is very valuable today, even though bitcoin has a minimal supply but without trust in the future of bitcoin, of course we will all be reluctant to invest or hold bitcoin.

And I don't know why many were still rejecting Bitcoin and even ignoring it even though it was pretty obvious that this form of investment is truly profiting than the stock market. The heck about these people is too convinced about fake news and the Ponzi scheme which literally was wrong. But yeah, it was their perceptions and to think that way. Well, we are too lucky that we don't think that way and we do appreciate Bitcoin not only because of its growing value but also because we gain profit.

Sometimes people who reject Bitcoin or even hate Bitcoin, it's because they get misleading information and end up misunderstanding Bitcoin.
That's the importance of learning Bitcoin from a trusted source, so we can really understand Bitcoin properly. This is the task of all of us who
understand Bitcoin properly must educate at least the environment around us, so more people will understand that Bitcoin does have many benefits
that provide convenience in human life. Because if someone's understanding is wrong, even though Bitcoin is proven to be profitable, people are
still not interested in investing in Bitcoin.

[lixer]

Bitcoin is valuable because of it steady growth and Metal backed money is having such similarity

Steady growth is not the answer. Growth is something that happens when there is a demand, and if there is no demand taking place in the market , then there wouldn’t be a steady growth. So, why you are seeing the growth in the market today is because of the fact that we have a steady demand taking place in the market.

Look at gold as an example of the metals that you have talked about, gold market steady keeps growing over so many years, why? Because we all see it as a precious metal, and we feel that it has value, so we demand for it. It doesn’t grow magically, it’s demand pushing it.

[Vaskiy]

Bitcoin is valuable because of it steady growth and Metal backed money is having such similarity

Steady growth is not the answer. Growth is something that happens when there is a demand, and if there is no demand taking place in the market , then there wouldn’t be a steady growth. So, why you are seeing the growth in the market today is because of the fact that we have a steady demand taking place in the market.

Look at gold as an example of the metals that you have talked about, gold market steady keeps growing over so many years, why? Because we all see it as a precious metal, and we feel that it has value, so we demand for it. It doesn’t grow magically, it’s demand pushing it.

It is the volatile market that makes bitcoin valuable. Through the market volatility it is possible to make profit out of buy low and sell high. This profiting creates an increase in the demand for the limited supply asset. If it is all about steady growth, then it could've been valued less than what it is valued now.

Gold is metal backed, and through some means it's demand got pushed. The major reason is the backing of fiat currencies done with gold. Even if bitcoin have got metal backing the value might never been this high, because to create demand for some particular metal won't happen all of the sudden. Through years of history gold have reached the present position.

[Kakmakr]

What gave "shells" and "large carved round stones" their value ...back in the day? It's rarity ...and also the work that was put in to create it. Well, a lot of energy and money goes into Bitcoin mining and as you said... it has a limited supply, so it makes it desirable. 

The same goes for something like Gold & Silver and other precious minerals and commodities. It is simple.. if there is a demand for something and if there are a limited supply... people will pay higher prices for it. (Also add to that... Bitcoin grants them easy and cheap international transmittance)