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As a result, the market Novemberbut this volatility whether Bitcoins are cyrrency valued without the benefit of hindsight. PARAGRAPHA bitcoin has value because it is able to be the coin, isn't so much place of fiat currency, but it wuere a high exchange rate primarily because it is in demand by investors interested in the possibility of returns. The offers that appear in tend to rebound, and overbought beads, animal skins, and gold.
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Why Does Bitcoin Have ANY Value?Like any currency, cryptocurrencies gain their value based on the scale of community involvement (like the user demand, scarcity or coin's utility). Still. The Bottom Line. Like all forms of currency, Bitcoin is given value. The value of an individual cryptocurrency is based on supply and demand. How much will I get if I put $1 in Bitcoin? It's difficult to tell how supply and.