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Author Topic: Why does bitcoin have value?  (Read 2086 times)

Offline chayskie04

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Why does bitcoin have value?
« on: July 17, 2018, 04:02:12 PM »
Bitcoin has gained such a high value due to its high demand and its demand has increased high as people found it to be worth the investment as its supply is limited and it being totally out of the reach of the hands of government. Also people found it that it could not be hacked by anyone unless we reveal the private keys of the wallet in which it is stored.

People are already fed up with government's currencies which are subject to deflation and also as bitcoin earrings could not be taxed directly, most people found it as a safe haven unwilling to pay the huge percentage of taxes.

Also payments could be sent to anyone at low transaction fees and so when people found a bunch of useful factors in a single currency, they just didn't want to miss it.

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Why does bitcoin have value?
« on: July 17, 2018, 04:02:12 PM »

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Offline CryptoZenWorld

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Re: Why does bitcoin have value?
« Reply #1 on: July 17, 2018, 04:35:15 PM »
Everything about bitcoin sounds good. But did you ever think what will happen if bitcoin is the leader of all currency including fiat? Wil it bring any bad effect to our traditional economic system.And how it rule the world?

As you know it is so vulnerable currency. The price fluctuation is very high.

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Offline Davidniam55

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Re: Why does bitcoin have value?
« Reply #2 on: July 18, 2018, 03:02:43 AM »
because bitcoin is better and better than gold gan. By saving the bitcoin we will now become millionaires. because the bitcoin is limited and the people who invest in bitcoin very much. Automatically the bitcoin ha will continue to rise .
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Offline Cangkirkopi

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Re: Why does bitcoin have value?
« Reply #3 on: July 18, 2018, 04:06:23 AM »
Why bitcoin has value? Bitcoin has that value in because bitcoin is very reliable bitcoin has a very good potential and can be used with reference to coin - coin another with a lot of enthusiasts to invest in the bitcoin
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Offline dominoes

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Re: Why does bitcoin have value?
« Reply #4 on: July 18, 2018, 04:36:22 AM »
The basis why bitcoin have value not just by demand but because of importance within bitcoin in our society. Meaning there's more benefits to somebody than nobody.
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Offline Mbah Jenggot

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Re: Why does bitcoin have value?
« Reply #6 on: July 18, 2018, 08:57:44 AM »
Bitcoin has gained such a high value due to its high demand and its demand has increased high as people found it to be worth the investment as its supply is limited and it being totally out of the reach of the hands of government. Also people found it that it could not be hacked by anyone unless we reveal the private keys of the wallet in which it is stored.

People are already fed up with government's currencies which are subject to deflation and also as bitcoin earrings could not be taxed directly, most people found it as a safe haven unwilling to pay the huge percentage of taxes.

Also payments could be sent to anyone at low transaction fees and so when people found a bunch of useful factors in a single currency, they just didn't want to miss it.

Bitcoin has value because bitcoin is the best payment method and good for investment.

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Re: Why does bitcoin have value?
« Reply #6 on: July 18, 2018, 08:57:44 AM »


Offline Nikko

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Re: Why does bitcoin have value?
« Reply #7 on: July 18, 2018, 09:56:10 AM »
I think why bitcoin has value its because the popularity to the community and this is the first digital money to world wherein you can send money in any part of the globe and if its comes in security bitcoin has more secured than fiat money since bitcoin cannot be clone  and no governments official control it.

Offline upin ipin

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Re: Why does bitcoin have value?
« Reply #8 on: July 18, 2018, 10:39:00 AM »
Bitcoin has gained such a high value due to its high demand and its demand has increased high as people found it to be worth the investment as its supply is limited and it being totally out of the reach of the hands of government. Also people found it that it could not be hacked by anyone unless we reveal the private keys of the wallet in which it is stored.

People are already fed up with government's currencies which are subject to deflation and also as bitcoin earrings could not be taxed directly, most people found it as a safe haven unwilling to pay the huge percentage of taxes.

Also payments could be sent to anyone at low transaction fees and so when people found a bunch of useful factors in a single currency, they just didn't want to miss it.
Absolutely right, Bitcoin has value because the high of demand and bitcoin can also be used as an alternative payment system for virtual worlds. It was the one who made the bitcoin has value.

Offline Raboni

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Re: Why does bitcoin have value?
« Reply #9 on: July 18, 2018, 11:01:03 AM »
The factors that make bitcoin valuable are real change of products, demands of the people to have some bitcoin, the supply decreases, almost everybody look for bitcoin. Actually bitcoin can perform many possible things in terms of business transactions. Easy to sent from far away to another. The more years goes by the more bitcoin become popular.

Offline Najma zahra

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Re: Why does bitcoin have value?
« Reply #10 on: July 18, 2018, 11:26:35 AM »
I think because bitcoin is the first digital currency that can be used to invest or for sale to buy to the world, its value is very fantastic and profitable for all its users .
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Re: Why does bitcoin have value?
« Reply #11 on: July 20, 2018, 07:45:45 AM »
Bitcoin has gained such a high value due to its high demand and its demand has increased high as people found it to be worth the investment as its supply is limited and it being totally out of the reach of the hands of government. Also people found it that it could not be hacked by anyone unless we reveal the private keys of the wallet in which it is stored.

People are already fed up with government's currencies which are subject to deflation and also as bitcoin earrings could not be taxed directly, most people found it as a safe haven unwilling to pay the huge percentage of taxes.

Also payments could be sent to anyone at low transaction fees and so when people found a bunch of useful factors in a single currency, they just didn't want to miss it.

The reason why bitcoin has value because bitcoin is an asset, the best investment and useful.
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Offline Habagat

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Re: Why does bitcoin have value?
« Reply #12 on: July 22, 2018, 03:56:00 PM »
Bitcoin has gained such a high value due to its high demand and its demand has increased high as people found it to be worth the investment as its supply is limited and it being totally out of the reach of the hands of government. Also people found it that it could not be hacked by anyone unless we reveal the private keys of the wallet in which it is stored.

People are already fed up with government's currencies which are subject to deflation and also as bitcoin earrings could not be taxed directly, most people found it as a safe haven unwilling to pay the huge percentage of taxes.

Also payments could be sent to anyone at low transaction fees and so when people found a bunch of useful factors in a single currency, they just didn't want to miss it.
Bitcoin gained such high value due to its high demand and its demand has increased high as people found it to be worth the investment as its supply is limited and it being totally out of the reach of the hands of government.Also people found it that could not be hacked by anyone unless we reveal the private keys of the wallet in which is it stored.

Offline Marivic27

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Re: Why does bitcoin have value?
« Reply #13 on: July 23, 2018, 10:36:01 AM »
Bitcoin has gained such a high value due to its high demand and its demand has increased high as people found it to be worth the investment as its supply is limited and it being totally out of the reach of the hands of government. Also people found it that it could not be hacked by anyone unless we reveal the private keys of the wallet in which it is stored.

People are already fed up with government's currencies which are subject to deflation and also as bitcoin earrings could not be taxed directly, most people found it as a safe haven unwilling to pay the huge percentage of taxes.

Also payments could be sent to anyone at low transaction fees and so when people found a bunch of useful factors in a single currency, they just didn't want to miss it.
Bitcoin gained such high value due to its high demand and its demand has increased high as people found it to be worth the investment as its supply is limited and it being totally out of the reach of the hands of government.Also people found it that could not be hacked by anyone unless we reveal the private keys of the wallet in which is it stored.
I think bitcoin has a value because many people really believe and trust on it that is why it has a huge demand which lead it to have a big value on a crypto feild.
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Offline Jaguar

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Re: Why does bitcoin have value?
« Reply #14 on: July 23, 2018, 12:17:24 PM »
I'm sure the value of bitcoin is all about it is being highly use in the area of business and investment daily.

 

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