Quote from: PX-Z on February 15, 2023, 10:44:44 AM

Quote from: Minor Miner on February 15, 2023, 07:46:36 AM

Quote from: PX-Z on February 14, 2023, 11:33:11 PM

Bitcoin value with a simply supply and demand will explain everything.

For those who have no knowledge of bitcoin, it is useless to talk about the supply, what they need is faith in bitcoin.

Faith? You are going to tell a unknowledgeable to bitcoin about "faith in bitcoin"? If you were the one who try to convince me about that bitcoin ideology then i'll be one of those peers of OP who will tell bitcoin is indeed a ponzi base on that ideology.

Anyone who knows supply and demand on explaining it will gasp at least a little knowledge on how bitcoin works, on how it had a value when it doesn't have physical form because that's how bitcoin increase so much, simply because of its demand.

Where do you think faith comes from? Why do you believe in bitcoin? Faith is not built through stories or persuasion from someone but is built from what we experience and verify for ourselves. That's why I say it's a waste of time trying to explain bitcoin to someone. I'm not explaining or trying to convince anyone, I don't have time to do that, and like I said. Show them the results we get from investing in bitcoin, their faith will start from there.
Supply and demand is a factor that makes bitcoin successful, we should not ignore them when talking about bitcoin, but it is not the first factor that opens the story for bitcoin to become more attractive.