How to reply to this argument

[thamer jamaladdeen]

Some of those so-called economic experts say:
“Cryptocurrencies have no intrinsic value,” they say. “Their market price will fall to zero,”

[khufuking]

Value is determined by demand and as long as there is a demand there is value.
What is there reasons behind their opinion that crypto has no intrinsic value?
Ask them what is the intrinsic value in paper money?

I can give you short simple answer, which is without intrinsic value there will be no value you simply can't give a value to something that has no intrinsic value I might agree that the value of certain cryptocurrency might be not equal to its intrinsic value but as long as it has value created by demand it must have intrinsic value and whether they are equal or not is totally a different argument.

[dragononcrypto]

Fiat currencies also have no intrinsic value, they aren't financially backed by governments (anymore) and have outstanding failure rates, going to zero.
Bitcoin is like the tortoise and the hare story, but with crypto being the tortoise (currently far behind fiat), contrary to popular belief.
See here: http://www.goldtelegraph.com/failure-fiat-currencies/

[ShitcoinStorm]

Some of those so-called economic experts say:
“Cryptocurrencies have no intrinsic value,” they say. “Their market price will fall to zero,”

So is the same thing to ask with fiat money. Is that fiat money have intrinsic value?
In fact in history all fiat money will always go to zero.

I do not believe that so-called economic experts that that have thought from a Keynesian economic point view
https://en.wikipedia.org/wiki/Keynesian_economics

But unfortunately, until this era, we have no power, we have to obey the rule of capitalism...

[fallenangel1789]

Ask them what is the intrinsic value in paper money?

Exactly. Fiat currencies have no intrinsic value too.  They are used solely as a means of payment. They are valuable just because we say so. But gold, diamond, silver etc. have intrinsic value due to fact that they have utility.

[Crypto Guard]

I think that is an opinion that is not in accordance with the present reality. In my opinion, with the development of technology that is increasingly advanced like this, many people will know about the Crypto World and begin to plunge in it. I don't want Crypto to be destroyed later, I want Crypto to continue to advance and can become a favorite place for people to invest and trade.

[PhiliPPs]

Then let the experts explain where does the value of the dollar... Because people put Fiat money to cryptocurrency, and this increases its value, hence it turns out that the value of crypts provided with at least a paper called money!

[alltalk]

Some of those so-called economic experts say:
“Cryptocurrencies have no intrinsic value,” they say. “Their market price will fall to zero,”

How to reply to this argument

Just ignore them, it is not a must to reply them. I guess they are crypto haters, so however you try to explain it to them, they will never agree with you. You are better to reply the question from beginners than reply the argument of experts.   

[muneerashine]

I've been hearing this a  lot from a crypto detractors, but  people believe that it has a value, so their is a demand  because their is a demand it will never loss its value.

[Marryan]

Why should you reply to this? More people - more opinions.
There will be always those who believe and who don't.
Just don't waste your time proving the opposite position.

[Black ID]

Let me say they are not clear about Crypto now and in the future. Because they have never plunged into it and started doing business in it. So it will not understand the situation and development of Crypto from year to year. Because it uses the Blockchain technology system, so they won't know the conditions in it.

[ayatoslaw]

I am not sure of the statement, I have to read it directly what is the reason, and what data makes them think like that? because after all all there must be a basis behind it.

[axiline]

Some of those so-called economic experts say:
“Cryptocurrencies have no intrinsic value,” they say. “Their market price will fall to zero,”

I think there is a reasonable explanation for these words. Most likely they meant projects that have nothing but the site.

[Master107]

Maybe I would say guard yourself from any unnecessary if possible to avoid fall to zero which sometimes our difficulties because the market is volatile and we have our technical analysis that didn't happened.

[paydayloan]

Although it never fell to the lowest level, but I did not see bitcoin falling to zero. There is nothing to fear with that statement. I am still convinced that crypto and its technology will grow and have high value.