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    Thread: What backs Bitcoin to have such value?

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      Almost all successful investors have been supporting Bitcoin since its creation.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Bitcoin has been supported by successful businessmen around the world. Its value has kept increasing since last month. The speech of Elon Musk has only a little effect on Bitcoin.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Almost all investors have been supporting Bitcoin since its creation. Only this year, it's unfortunately that Elon Musk announced that won't allow Bitcoin to use for purchasing his luxurious cars

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Bitcoin is not really backed by anything. It has no intrinsic value. Its value comes purely from the trust that investors have towards the coin.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      It is backed by its investors itself. With the continuous support and faith of the investors on the coin, it keeps striving

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Huge influencers and celebrities affect the value of Bitcoin greatly. Recently, some simple tweets from Elon Musk has caused significant movement in the market.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      What backs Bitcoin to have such value?

      Nations currencies are backed by Gross Domestic Product, some currencies we're backed by gold reserves, some are backed by foreign currency reserves

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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