Bitcoin has no value - that's why price is too high

[waaat?]

The value of bitcoin is very low.
It's new tech, of course but so are altcoins.
The value of something is determined by its useability. With this volatility bitcoins value is low.

Price and value are not the same thing.

Take it or leave it. Bitcoin won't recover. Only monkeys will buy this later.


(and safe me your BitUSD tolling in the thread, thanks)

[BitCoinNutJob]

The value of bitcoin is very low.
It's new tech, of course but so are altcoins.
The value of something is determined by its useability. With this volatility bitcoins value is low.

Take it or leave it. Bitcoin won't recover. Only monkeys will buy this later.


(and safe me your BitUSD tolling in the thread, thanks)

Yet the bitcoin transactions chart is showing bitcoin making record highs, seems like its becoming more useable not less.

[BCwinning]

you're the one trolling. Crying the blues over value.

[Wolf Rainer]

The value of bitcoin is very low.
It's new tech, of course but so are altcoins.
The value of something is determined by its useability. With this volatility bitcoins value is low.

Price and value are not the same thing.

Take it or leave it. Bitcoin won't recover. Only monkeys will buy this later.


(and safe me your BitUSD tolling in the thread, thanks)

There are more than 6 billons invested in hardware for mining and providing services for bitcoin... So how it has no value? Stop trolling.

[medUSA]

Subject: Re: Bitcoin has no value - that's why price is too high

Bitcoin has purchasing power. It is useful, it offers a "transfer of value service" as a payment system. Most believe it has investment value. Price being too high or too low is subjective.

Your assumption that bitcoin has no value is misguided.

[Spaceman_Spiff]

There are more than 6 billons invested in hardware for mining and providing services for bitcoin... So how it has no value? Stop trolling.

I am a bull (long-term), but pumping money into something doesn't necessarily make it valuable (see any scam investment for reference)

[Wolf Rainer]

There are more than 6 billons invested in hardware for mining and providing services for bitcoin... So how it has no value? Stop trolling.

I am a bull (long-term), but pumping money into something doesn't necessarily make it valuable (see any scam investment for reference)

Bitcoin core it´s mining... And the mining hardware worth more than 6 billons, so the price of bitcoin it´s extremely LOW, it´s under manipulation.