Topic: Bitcoin is garbage. - page 18. (Read 4637 times)
I dont think so bitcoin is garbage! How could you say this? Bitcoin is been so useful, for everyone of us its had a lot of benefits, we can do more to get money, investment,capital, profit and so on..
Why the hell you are considering this system with a garbage? Have you any concrete and the logical issue regarding this opinion? I completely disagree with you on this matter. I think Bitcoin is getting accepted in a lot of developed countries as well as many online platforms.
If you have a little idea in terms of Bitcoin then you may not think as so. I recommend you study regarding this virtual currency and analysis of the recent time's price trend. I hope you will make a good conclusion if you can follow my advice. Bitcoin is not only a currency but also it's a profitable source of money.
If you have a little idea in terms of Bitcoin then you may not think as so. I recommend you study regarding this virtual currency and analysis of the recent time's price trend. I hope you will make a good conclusion if you can follow my advice. Bitcoin is not only a currency but also it's a profitable source of money.
Bitcoin is garbage. that's what other people think about having trouble earning
It's not just time now
if you know how much bitcoin you can use but you only know how little you are to get married and do yourself
waste they do not know and how much bitcoin is today
How can we be expected to invest in this stupidity?
Here is a guy trying to give Andreas a tip of $1.50. To do that, he paid $13.46 in fees. Does that seem like a sensible payment system? Not. It is garbage. SegWit didn't help with anything.
Here is a guy trying to give Andreas a tip of $1.50. To do that, he paid $13.46 in fees. Does that seem like a sensible payment system? Not. It is garbage. SegWit didn't help with anything.
Why do you saying that the bitcoin is garbage? The bitcoin help me to earned money for my families and to help our expenses in our home. So why do you saying the bitcoin is garbage? The bitcoin is very powerful because it can keep the poor people to be a rich man. I want all of my family members to be a bitcoin user to help them in their personal expenses.
No bitcoin cannot be considered as a garbage it is kind of assets because in future the value will go upto1million
This was one of the reason ethereum looked so nice when I invested. Although the fees dont have to deal with the amount of btc, it is a problem with micro payments which is why people should use alternatives like litecoin, dash, ethereum.
If we talk about fee and this is the good option. Litecoin etherium and dash is very smaller than bitcoin fee.
I like altcoin with smaller fee to send
If you're an idiot who thinks BTC was made to allow you to buy a pack of chewing gum or tip people $1 so they can buy themselves a soda, be my guest. What if somebody were to go to a bank in the United States and asked them to convert his $2 into Euro and send to his friend in France? We'd have a very similar situation where the bank fees would be higher than the payment itself. If you really want to send $2 in BTC at least be smart enough to make it a batch payment. Sending multiple single small transactions with a high fee (because a fee of $13 is far above the average) is a financial suicide.
If not that then, what unmet demand is meeting by Bitcoin? Because I fail to see any. There are tons of cryptocurrencies better technically than bitcoin. Why should people invest? If people are only investing because of rising price which in turn is only connected to rising demand. Then, it is a sign of impending bubble and gonna pop up badly.
Maybe because it was the first cryptocurrency with the highest level of acceptance and integration into the payment systems, laws and so on? It's also the most popular one with a name and logo recognized all around the world? Or maybe because it's used as a base for all altcoin trading as exchanges that don't offer fiat-crypto pairs are all built around BTC? Or maybe because it's one of the few that you can actually spend in physical stores? Or maybe because it's leading the way and if it fails due to harsh laws and policies then all the other altcoins will suffer the same fate?
I don't understand how people with this much experience use apples vs. oranges arguments to justify serious flaws...and then present solutions like batch payments that A) are not practical to do most of the time and B) ~90% of users cannot and will never be able to learn how to do that. Most people I know understand how to log into accounts and turn on their PC (if they still have one)....but anything else...good luck.
The current paradigm is the equivalent of the model T Ford. I don't understand why people attack someone for pointing out the obvious. We should be supporting people that do so and therefore put pressure on those that have the power to fix things since said things are clearly broken from the point of view of the average user that doesn't have the mental bandwidth for creative workarounds.
The current paradigm is the equivalent of the model T Ford. I don't understand why people attack someone for pointing out the obvious. We should be supporting people that do so and therefore put pressure on those that have the power to fix things since said things are clearly broken from the point of view of the average user that doesn't have the mental bandwidth for creative workarounds.
I've said it because of 2 things.
1. I know OP is using every opportunity to troll BTC and its users because he's just that type of a guy. He comes here every time he feels like telling us how pathetic we all are. It's like going to church to tell people that it's stupid to believe in something that doesn't exist.
2. Unfortunately BTC in its current state requires you to think and learn. the 90% you're talking about will have to wait until the software gets more newbie friendly.
I see your point....but at the same time I wish more people told me that I was crazy or stupid for my beliefs in a business I got involved in about 10 years ago. If more people cornered me and made me think longer and harder, I think I wouldn't have made even half of the mistakes I made. Instead I was surrounded mostly by cheerleaders. Most people wouldn't believe the amount of money I lost and it's difficult to justify it as a learning experience. You might not like it but someday hindsight will be 20/20. Maybe what I said now might make a difference in your life. I have no idea. I hang out here to learn about the average BTC "investor" since so much has changed since I first learned of it in 2011 and then forgot about it. Things have changed so much since then. The vision that I heard on a podcast with the original dev team doesn't sound anything like we are seeing today...and I find myself seeing my overly positive attitude here with so many. It's hard not to speak ones mind if they are honest...and I don't think Rawdog can help it...especially if he is honest and has a conscience.
It would be like having Gold vs Silver or 500 Euro notes and 5 Euro notes one is easier to spend on small transactions than another.
Seriously that 13$ fee on 1.50$ transaction was too much, I wonder who was the person sending out hat transaction lol
if you think that bitcoin is garbage , maybe you should read more about bitcoin , dont say bitcoin is a garbage , think it , if bitcoin is a garbage , you think some millionaire will invest at bitcoin?
bitcoin is a garbage? nope, impossible..
bitcoin is a garbage? nope, impossible..
How can we be expected to invest in this stupidity?
Here is a guy trying to give Andreas a tip of $1.50. To do that, he paid $13.46 in fees. Does that seem like a sensible payment system? Not. It is garbage. SegWit didn't help with anything.
Yeah agree with you just a day before yesterday blockchain asked for $8 to transfer $7 in btc. I mean how is that even possible and why would someone do it? If these things continue to.happen it marks the end of bitcoin era just after its beginning. Here is a guy trying to give Andreas a tip of $1.50. To do that, he paid $13.46 in fees. Does that seem like a sensible payment system? Not. It is garbage. SegWit didn't help with anything.
The fees are the garbage not bitcoin itself. If you want to make the fees more worth it we must have sent a larger amount for us to see the worth of our fees.
I'm so tired of this excuse...."to spend less fees you need to spend more overall". This is why rich people stay rich and poor people stay poor...because rich people want value for their money...they have learned and probably conditioned from birth to not just give away their money. People with a poverty mentality will accept your philosophy...and then spend their entire lives wondering why they are poor.
Are you posting to up your post count or do you have an original thought that might lead us to a solution? I'm pretty certain that I know where you are from so I must ask...have you ever actually spent any of your BTC? Somehow I doubt it since I don't believe that there are any vendors within your reach. In other words, until you understand the problem via your own experiences and the hassles that came with them, you are not part of the solution...you are only part of the problem.
That's where altcoins are useful.
Bitcoin was supposed to be useful too. Now it has been rendered nothing more than a Ponzi scheme. It has no real purpose other than for more and more people to come one after another to give money to the guys already in. Then BAM!!! a total freefall collapse. bitcoin in todays price is precious. better use altcoins on tipping.
the fees are high because bitcoin is hard to mined. better use other cryptocurrency instead
The fees are the garbage not bitcoin itself. If you want to make the fees more worth it we must have sent a larger amount for us to see the worth of our fees.
If you're an idiot who thinks BTC was made to allow you to buy a pack of chewing gum or tip people $1 so they can buy themselves a soda, be my guest. What if somebody were to go to a bank in the United States and asked them to convert his $2 into Euro and send to his friend in France? We'd have a very similar situation where the bank fees would be higher than the payment itself. If you really want to send $2 in BTC at least be smart enough to make it a batch payment. Sending multiple single small transactions with a high fee (because a fee of $13 is far above the average) is a financial suicide.
If not that then, what unmet demand is meeting by Bitcoin? Because I fail to see any. There are tons of cryptocurrencies better technically than bitcoin. Why should people invest? If people are only investing because of rising price which in turn is only connected to rising demand. Then, it is a sign of impending bubble and gonna pop up badly.
Maybe because it was the first cryptocurrency with the highest level of acceptance and integration into the payment systems, laws and so on? It's also the most popular one with a name and logo recognized all around the world? Or maybe because it's used as a base for all altcoin trading as exchanges that don't offer fiat-crypto pairs are all built around BTC? Or maybe because it's one of the few that you can actually spend in physical stores? Or maybe because it's leading the way and if it fails due to harsh laws and policies then all the other altcoins will suffer the same fate?
I don't understand how people with this much experience use apples vs. oranges arguments to justify serious flaws...and then present solutions like batch payments that A) are not practical to do most of the time and B) ~90% of users cannot and will never be able to learn how to do that. Most people I know understand how to log into accounts and turn on their PC (if they still have one)....but anything else...good luck.
The current paradigm is the equivalent of the model T Ford. I don't understand why people attack someone for pointing out the obvious. We should be supporting people that do so and therefore put pressure on those that have the power to fix things since said things are clearly broken from the point of view of the average user that doesn't have the mental bandwidth for creative workarounds.
The current paradigm is the equivalent of the model T Ford. I don't understand why people attack someone for pointing out the obvious. We should be supporting people that do so and therefore put pressure on those that have the power to fix things since said things are clearly broken from the point of view of the average user that doesn't have the mental bandwidth for creative workarounds.
I've said it because of 2 things.
1. I know OP is using every opportunity to troll BTC and its users because he's just that type of a guy. He comes here every time he feels like telling us how pathetic we all are. It's like going to church to tell people that it's stupid to believe in something that doesn't exist.
2. Unfortunately BTC in its current state requires you to think and learn. the 90% you're talking about will have to wait until the software gets more newbie friendly.
The cost he pays for each transaction is fixed and it has not changed over the past year so why do you think bitcoin is garbage? One year ago we still had to accept a fee of 10,000 - 100,000 sts ~ $ 0.5 but when the bitcoin value increased drastically and the bitcoin price was ~ $ 14,000 then the transaction fee was ~ $ 13. That's why it's not garbage and it's always been that way.
Yes I really do agree on you. Bitcoin is not a garbage. If it is a garbage then why bitcoin really help other people? Why it is more useful right now? Bitcoin is a digital cryptocurrency, bitcoin is a money from the internet that right now is very useful. As we can see right now, technology is very important for us to work with bitcoin, it is really popular right this time. And it is really helpful that I hope it will take forever.
Same here. But What is wrong with this other people here. They are all bitcoin users. If they think that they cannot benefit anymore then it will easy for them to change their mind and find another way to cling on. And if their problem that bitcoin is garbage then so what? It is a problem that is turned into a solution. Bitcoin helps us a lot. Bitcoin may be garbage, but garbage is money, garbage is a constant source of revenues. And this garbage (bitcoin) has a big potential to lead us into our future success. For those who still believe in bitcoin lets continue supporting it.
The cost he pays for each transaction is fixed and it has not changed over the past year so why do you think bitcoin is garbage? One year ago we still had to accept a fee of 10,000 - 100,000 sts ~ $ 0.5 but when the bitcoin value increased drastically and the bitcoin price was ~ $ 14,000 then the transaction fee was ~ $ 13. That's why it's not garbage and it's always been that way.
Yes I really do agree on you. Bitcoin is not a garbage. If it is a garbage then why bitcoin really help other people? Why it is more useful right now? Bitcoin is a digital cryptocurrency, bitcoin is a money from the internet that right now is very useful. As we can see right now, technology is very important for us to work with bitcoin, it is really popular right this time. And it is really helpful that I hope it will take forever.
I wouldn’t call it garbage, but sadly, unless things change, The dream of bitcoin becoming a world currency is going to die. Bitcoin seems to be assuming the role of “store of wealth” or “digital gold”.
It costs me $10 per transactions to trade stocks ... seems like that is what bitcoin is becoming. It’s trading like a stock.
It costs me $10 per transactions to trade stocks ... seems like that is what bitcoin is becoming. It’s trading like a stock.
that s not how it was intedet to be used, its becoming just an empty energywasting object of speculation, a stock is at least a contracted financial basis for a productive value generating enterprise, bitcoin is the opposite of that a an valuedestroying energy wasting system, i am pretty sure there will be a tsunami in the future in the bitcoin world
Oh, do you see any garbage worth $ 14,000?
Damn, right.Satoshi Bitcoin, the real bitcoin, didn't have 1Meg blocks which totally fuck up the fees and MemPool. 1 Meg blocks are there just to drive demand for the Blockstream product 'Lightning'. It's a scam, and you guys fell for it. Thank god the people at Bitcoin Cash forked in time to forever get rid of that SegWit shit. Now the chain has been preserved. All you will come back to BCH when you finally figure it out that Blockstream is screwing you.
So basically you are shilling BCH? Lol. How I remember Lauda painting red to those people who shilled it. And you are not a troll? Oh well... ...and we can make a video for your shittube.
That name really suits. Goodluck filming! 
The cost he pays for each transaction is fixed and it has not changed over the past year so why do you think bitcoin is garbage? One year ago we still had to accept a fee of 10,000 - 100,000 sts ~ $ 0.5 but when the bitcoin value increased drastically and the bitcoin price was ~ $ 14,000 then the transaction fee was ~ $ 13. That's why it's not garbage and it's always been that way.
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