Quote from: Janation on July 07, 2019, 10:03:53 AM

Quote from: xSkylarx on July 07, 2019, 07:04:59 AM

Imo bitcoin's value is what it makes valuable. People see an opportunity to earn from bitcoin so they invest on it. If bitcoin has low value today I'm sure it won't be popular. If it has no use on the future technology no institutions will acknowledge it. People will find other where they can benefit to it,

Bitcoin's value? It has no value.

We all know that Bitcoin is so expensive so why do I say that it has no value, what I am saying is the intrinsic value of Btc. It has no Intrinsic value that is the reason is you strip the price of USD to BTC, it will have no other value. I think what you mean is the price of it. The price makes it attract other investors, they always want to ride with the hype.

of course it has value. The intrinsic value comes from the four properties mentioned in this video... https://youtu.be/T4ltMvjGO5Y