Does Bitcoin have any real value?

[Bookwormlux]

Bitcoin gets its value from the high expectations that people always have from it , and also find the fact that people from all other countries are trying to adopt it to see how relevant to be to their economy.

 

[Syldan]

To some extent I may say bitcoin has some value due to alot of expectation people has on it investment. Alot of people this days are investing in bitcoin because of they potential they have discovered.

 

[Sotherefore]

Bitcoins does not really have anything to offer based on my understanding , it is just an official cryptocurrency that is built in the bitcoin's blockchain technology that's all I know about it.

 

[Syldan]

Actually bitcoin doesn't have any real value. the value of bitcoin greatly depends on the approval and disapproval of the government of every country. Takes for instance of Russian proposal to banned the operation of bitcoin.

 

[Bookwormlux]

Bitcoin has real value and that is why we are seeing some countries beginning to adopt it to be used as a legal currency for buying and selling in their countries.

 

[Robust]

So far that I know about cryptocurrencies I get to understand that bitcoin is the one that is the main coin trending and it has more value than any other coins that I know so far.

 

[Monster Masterpiece]

The bitcoin has a real value because it has a monetary value means a real value something that doesn't have monetary value means doesn't have price compared to USD.

 

[Syldan]

Actually bitcoin dont have any real value. the value of bitcoin can be either directly or indirectly control by the major investors of bitcoin or the government of every country that bitcoin is being operated.

 

[Bookwormlux]

It has real value are that is why it has been able to gain the attention of people from all over the world, even though nobody knows how it came to be from the beginning. That is the power of value.

 

[Lens]

I don't really understand what the poster meant by bitcoin having a real value . The value of bitcoin at any point in time has always been real. The level of fluctuations changes the value.

 

[Syldan]

Actually I think everyone opinion may be best on his personal experience. it may have value and it may not have value depending on what you know. to me, it has value and that makes people go for it.

 

[Setho]

The value of bitcoin can be loosely translated to the price of the assets at a particular time. This is a combination of the demand-and-supply that it is having and also the number of people that are willing to use it.

 

[joy101]

Yes, because many investors are trading on it and also having more value on the investment, so the value bitcoin cannot be underestimated, the price of it is also going higher everyday.

 

[Robust]

Since I came to know about cryptocurrencies, I get to know and understand that bitcoin has a real value that's why many people in the world are still patronize it up till date.

 

[glitch]

Value is dependent on the people investing. We say it has value so it does. It is not like a currency that is backed by the trade of an object.

 

[tyrim88]

One thing i have come to discover about bitcoin is that the value is largelly determine by the market forces and to a large extent the traders on the market and the liquidity in the market as well,they go a long way to determine its value.

 

[James]

Similar to Fiat currency, Bitcoin (or most of the cryptocurrencies) is also not backed by any gold or silver hence does not have any intrinsic value. The value of any currency comes from the backing of the state and the trust that people have over the government.

 

[Ononivami]

I do not understand what you meant by real value but the bitcoin has real market value
. The only thing is that the price or value is not fixed . It changes based on the demand and supply.

 

[Lens]

The value of bitcoin is real and it is determined by the market fluctuations. You cannot conclude that bitcoin does not have a real value because its price is not fixed.

 

[Syldan]

Personally sometimes I dont consider bitcoin having any business value because it greatly depends on the policies of the government concerning it operation in a particular country and also the market demand and supply.
Personally sometimes I dont consider bitcoin having any business value because it greatly depends on the policies of the government concerning it operation in a particular country and also the market demand and supply.