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Is Bitcoin worthy or worthless?

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  • Is Bitcoin worthy or worthless?

    There are so many people who often call Bitcoins worthless but still regularly we read several articles where we see people striking massive deals through Bitcoins whether that’s with purchasing goods, vehicles or many such things and it’s even present in Forex Markets, so what’s your opinion about this? Do you really think it’s worthless or do you think it’s highly useful?

    I will be glad to hear your views, so do share your views…. Thanks

  • #2
    It’s bit like sour grapes that if we don’t have it then we call it worthless, so don’t really buy into that BS, I believe it’s highly worth it and that’s why the value is so high! I don’t it will last forever or anything like that, but till it’s alive, it’s full of value and that’s really what we need to understand which will help us with success and will help us with performance as well.

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    • #3
      Definitely worthy! Why not? It rates at above 600, so how it can’t be worthy? I don’t think too many people have it and that’s one reason why all the talks about this been not so worthy comes into play. It’s simple if you have it then you will definitely love it while many don’t have it, so they don’t think it’s valuable but they are completely incorrect and often they term it out of jealousy.

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      • #4
        Yes absolutely. Bitcoin is very important for me since I am able to grow my money through it. When Bitcoin was at it the lowest point, I had purchased many because I thought it will raise little bit, but the way it went high, it was just unreal and it changed my life completely. I sold most of the Bitcoin I had, but I still have 4-5 while I do regular mining to add more to the tally.

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        • #5
          If you call Bitcoin worthless then I bet you don’t have enough knowledge at all about Bitcoin. It’s one of the most popular digital currencies in the world at present and people puts hours and hours to get some, so it’s not good to call it worthless.

          I always try to get as many Bitcoins as possible, but I know how tough it is to get them because of the rates, it’s very tough and yet you hardly come out with much.

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          • #6
            It’s full of value but it’s obvious that not everyone will find it especially people who don’t have all that much info and idea about it. If we gain proper experience for it then we can benefit it and then it will be actually worthy, but not without it.

            I don’t think it’s even tough to understand how Bitcoin works and when we do that then we will automatically start gaining rewards and benefits easily.

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            • #7
              It’s worthy and obviously it’s worthy, but just the thing is that you need to use it carefully and hold it when it’s needed, it’s all about the right timing for us and if we manage to get that then we will get good benefits from it and it will definitely be worthy.

              In any situation or scenario, I really like Bitcoin because I feel this is genuinely great opportunity for everyone to gain from if timed properly.

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              • #8
                BTC is definitely worthy and the value shows for it and you will dare not bet against it for rising further in value in coming months/year because it’s likely to even go higher and that’s why having it is nothing short to having Gold! I believe nothing has went up like BTC did and it just shows the potential out there, so if we have it then we should never think about throwing it away because keeping it is like having a lottery ticket!

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                • #9
                  If I say too much it might not mean much at all, so instead of that I will just say look at the CHART available on other section and decide yourself if BTC is worthy or not.

                  If you still go with saying it’s worth less than I will be glad to pick you and leave you at eye specialist office, so it’s just the simple think to understand nothing rocket science at all to know at all.

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                  • #10
                    BTC is definitely worthy, but it’s all about time when we could have it and when we could avoid it. The correct timing is what makes it worthy or worthless, so if we time everything correctly then we can definitely have plenty of benefits and it will be really easy to get in when the chips are down because then the only move is upwards, but it’s hard to get in when things are higher like it’s at the moment, so got to be very careful!

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                    • #11
                      As of now, Bitcoin is very worthy even though it might not be fully accepted everywhere and it seems to operate in grey level legally! Apart from that, it is great way for financial transactions to buy/sell goods & services or just sending/receiving. It is also a source of investment as people tend to believe in the appreciate powers of BTC.

                      So, it depends on your comfort level and all the risks are also to you!

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                      • #12
                        Worthless is the last word you should be using for BTC, it might not be the greatest, but it’s still one of the best and is fair to call it worthy one. It’s also seen that it has taken move up in recent times and that’s one reason why we can call it even more worthy. If predictions are right then we will see it become even more precious, so hardly hard less that is.

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                        • #13
                          Quite agree with Alexander. If you are using Bitcoin as an investment, then it is all about timing whether you are buying, holding or selling! If you are using it normally as a means of payment services, then it you need not really worry about if the price is increasing or decreasing! So it depends on your approach to Bitcoin with respect to its usage!

                          Bitcoin is a good alternative to normal currencies but you also need to cover the risks!

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                          • #14
                            If it was really worthless then we wouldn’t be discussing much at all, so we are doing discussion on forum that caters Bitcoin is the sign of how worthy Bitcoin is. If anyone considers otherwise, it’s obvious that that individual have least of ideas of it while rest knows the value. I would love to have it any day of the week, as it’s just that precious with ever growing range of it’s, so absolutely worthy product!

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                            • #15
                              Yeah agree with Jamal. We would not be here if we consider Bitcoin as worthless. But we must also be risk averse! This is because usually people in over-excitement might take silly steps like selling their homes or breaking their lifetime saving or taking loans, etc. to buy bitcoins and if the investment fails then the condition would be worst.

                              This applies to all sorts of investments from normal currencies, gold, real estate, etc. The moment you lose sight of risks, and then you are susceptible to loss only!

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