Quote from: SeVenlast on September 24, 2018, 11:59:08 PM

Quote from: KingOfWinterfell01 on September 23, 2018, 03:13:39 PM

Quote from: mhsingh on March 11, 2018, 09:04:48 AM

The market is finally showing some weakness after a wild post-election stock market run-up, and it's taking Bitcoin with it. At least so far.

Three years ago, Bitcoin was under $400, a price I thought was too high even then. As far as I'm concerned, Bitcoin has no intrinsic value and should be worth nothing. So why does anyone think it's worth thousands (and in some cases, millions) of dollars?
It's the theory of false scarcity. There are a limited number of bitcoins in the world and the usage of blockchain technology has assigned the ownership of each coin to specific wallets owned by individuals. So to take "ownership," I have to use the universal blockchain mechanism, accepted by all as valid, to transfer a coin.

Probably. But I think it isn't because of the fact that no on owns bitcoins to start with. Meaning no one is accountable to bring down bitcoins because no one manages it. In fact, bitcoins are just far too big to fail from now on because it has developed itself well.

Makes sense, things that cannot be predicted when they will decline and rise again make Bitcoin will not be that easy to die

in the near future, everyone will see again what bitcoin is worth. the latest analysis of analysts ' wallets showed that the main holders of bitcoin did not sell in 2018, the togol was 10-15% of the total number of bitcoins.