Bitcoin is garbage. - page 4. | Bitcointalksearch.org

mayax

legendary

Activity: 1456

Merit: 1004

Quote from: Yur on February 10, 2018, 07:54:17 PM

Yes transaction is high now, but with the speed that technology is advancing towards, we will see a lower cost and faster transaction very soon. For now, for small amounts to transfer switch to Ethereum instead. There are more than enough reasons to prove that Bitcoin is changing the world, and sooner or later, it will be integrated in even our everyday life.

paypal is doing that(instant transaction and low fees) since 2000

so, what's new?

Yur

full member

Activity: 196

Merit: 102

Yes transaction is high now, but with the speed that technology is advancing towards, we will see a lower cost and faster transaction very soon. For now, for small amounts to transfer switch to Ethereum instead. There are more than enough reasons to prove that Bitcoin is changing the world, and sooner or later, it will be integrated in even our everyday life.

ChiBitCTy

legendary

Activity: 2282

Merit: 3014

It has come to my attention (this thread) that many of you still have no clue about the lightning network. Have you guys not seen fees and transaction times lowering and speeding up?

Here is an article those of you unfamiliar with the Lightning Network should read ASAP- https://medium.com/@melik_87377/lightning-network-enables-unicast-transactions-in-bitcoin-lightning-is-bitcoins-tcp-ip-stack-8ec1d42c14f5

Now take a look at where the hash rate is- https://blockchain.info/charts/hash-rate

Transaction cost- https://blockchain.info/charts/cost-per-transaction

Also outlets like Coinbase are FINALLY starting to implement SegWit.

Bitcoins future is still very bright and the blockchain can ALWAYS be updated to make Bitcoin better. Don't let a "Legendary" status member influence you, the status means little to nothing here. If you read his trust it looks like his agenda is pretty clear. FUD spreader.

desi92

full member

Activity: 210

Merit: 106

Quote from: Parwesh Chaudhary on February 10, 2018, 12:56:13 AM

BTC is not for for real life use now, as it'sole purpose was when the algorithm was being designed.

It has become more of an investment option and this is how people have find it's relevancy and this is how it would be considered. Once 21 million BTC are mined, it would be like an asset and you need to pay additional fee to buy and sale BTC, as there would be no BTC for miners to validate the transaction.

So, the problem would remain the same for which the BTC was developed.

Yes, its better for investment so far and not as currency because it slow to use for transaction.
In another thing, bitcoin also being applied high fee. It should problem for small payment if we use it for payment.

bulantoy12345

member

Activity: 200

Merit: 10

Quote from: Rezile143 on February 10, 2018, 01:27:47 AM

Bitcoin is not garbage. The user only has a problem

Absolutely right! Bitcoin is not a garbage, it is an investment, a profitable investment. Bitcoin for me is an asset, i valued bitcoin because these is where i started i earn a lot at bitcoin. Im almost there at the peak my ambitions, without bitcoin i cannot earn as high as what i usually earn at my job salaries.

coynedterm

hero member

Activity: 882

Merit: 500

Quote from: RawDog on December 09, 2017, 10:47:43 AM

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.

I can understand very well because many times I faced the same thing , where I needed to pay more than what I was needed to pay to the receiver ( payment accepter ) Because of high fee only .
But still I think we can do something better to keep himself from such type of high fee .
First option is to use any altcoin like digibyte coin , etherium coin , dash coin etc .
Second option is to put the money in yobit.net and during payment use yobit code that is free of fees system .
Third option is to use segwit wallet transaction that is really cool and no need big amount of fee for the transaction .

RawDog

legendary

Activity: 1596

Merit: 1026

Quote from: promode on February 10, 2018, 01:38:42 AM

Quote from: RawDog on December 09, 2017, 10:47:43 AM

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.

try it now, Using Lighting Network Wink

Lightning is not safe. The CEO of Lightning said don't use it on main chain.

promode

newbie

Activity: 33

Merit: 0

Quote from: RawDog on December 09, 2017, 10:47:43 AM

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.

https://i.imgur.com/DDMQjOw.jpg

try it now, Using Lighting Network Wink

Rezile143

newbie

Activity: 5

Merit: 0

Bitcoin is not garbage. The user only has a problem

sampath19

newbie

Activity: 27

Merit: 0

no. BTC is the best digital coin .

vv181

legendary

Activity: 1932

Merit: 1273

Quote from: RawDog on February 08, 2018, 08:44:00 AM

Quote from: Snaic on February 08, 2018, 01:26:14 AM

Nobody says that now bitcoin is perfect. Yes, he is now going through a difficult period

Maybe going to continue going down forever. Function isn't going up. Lightning is broken already.

Yep since ages people saying Bitcoin is a scam, yet Bitcoin still exists and gain a lot of popularity. And I don't see the lightning network is a failure, it being successfully tested on the mainnet test.

Parwesh Chaudhary

newbie

Activity: 37

Merit: 0

BTC is not for for real life use now, as it'sole purpose was when the algorithm was being designed.

It has become more of an investment option and this is how people have find it's relevancy and this is how it would be considered. Once 21 million BTC are mined, it would be like an asset and you need to pay additional fee to buy and sale BTC, as there would be no BTC for miners to validate the transaction.

So, the problem would remain the same for which the BTC was developed.

orka39

member

Activity: 168

Merit: 47

Quote from: jhezmark on February 08, 2018, 09:35:53 AM

i guess bitcoin is not a garbage bitcoin can use to you daily needs. but you can spend more time to make your bitcoin to get more income .. 😃

I think most people not agree with you by saying bitcoin is garbage.
I think bitcoin is related with this forum. Stay here will make you being a garbage.

jhezmark

jr. member

Activity: 56

Merit: 1

i guess bitcoin is not a garbage bitcoin can use to you daily needs. but you can spend more time to make your bitcoin to get more income .. 😃

Ray3z

member

Activity: 188

Merit: 10

Quote from: ?? on ??

Quote from: reighbut2017 on February 07, 2018, 01:26:19 PM

No, bitcoin is very useful to many people they work with bitcoin to feed their families.

This is not true. Maybe they feed their families garbage

Why all of your sentence include garbage? Is it so necesarry to say like that? I think there is something else that you can say but not garbage.
However garbage is not all not useful. You can filter the garbage into some category like organic and anorganic. The organic one is very useful and you know how we can use organic one for our life. So although you said bitcoin is garbage but bitcoin is not always bad.

RawDog

legendary

Activity: 1596

Merit: 1026

Quote from: Snaic on February 08, 2018, 01:26:14 AM

Nobody says that now bitcoin is perfect. Yes, he is now going through a difficult period

Maybe going to continue going down forever. Function isn't going up. Lightning is broken already.

Snaic

full member

Activity: 658

Merit: 102

Nobody says that now bitcoin is perfect. Yes, he is now going through a difficult period, considering ways to get out of the situation with its hanging transactions and high commission fees. As a way out, there is a network of lightning, and more recently a more advanced phantom network. Therefore, the situation can soon be corrected. All this is temporary.

Arumi.Bilqis

sr. member

Activity: 457

Merit: 250

do not ever assume that bitcoin is rubbish is actually going on is bitcoin convert sampat to gold and must be enjoyed all the people until now that i see is many people will get it and they will assume bitcoin is magic money because without form having high price,
and imagine if it is considered garbage is wrong without form but is considered waste Grin

rose9696

member

Activity: 770

Merit: 10

https://streamies.io/

Quote from: Jitra on February 08, 2018, 12:00:30 AM

Quote from: BitChief on February 07, 2018, 01:20:57 PM

Quote from: Edraket31 on February 07, 2018, 01:17:47 PM

Quote from: Jitra on February 07, 2018, 01:06:07 PM

It doesn't appear that bitcoin is a garbage, yet! There was a news today referencing bitcoin up while stock market is down. CRYPTOCURRENCIES like bitcoin, Ripple and Ethereum are have all soared after the Dow Jones index collapsed this week following a particularly trying month for digital cash. So what does the stock market blip mean for cryptocurrencies in the future?

How come that other people calling bitcoin as a garbage, of course not, it is not a garbage and would never be, it is something that we need today tomorrow and for the rest of our life, let us be honest that cryptocurrency brings a lot of opportunities for all of us and our life had change not only to the fact that we are earning but because of the convenience it had help us a lot so how can someone could say that it is a garbage, maybe that person is just after the money that he can have here and not truly embracing the concept.

People sold at $6k and now they are mad, it's natural for one to get defensive after getting rekt. I personally believe we should all do everything we can to support bottom sellers, they sold us their crypto for next to nothing after all

If you've been reading some of the most recent headlines, you'll see that several experts predicted higher bitcoin prices, with the lowest prediction being $50,000 by the end of the year, and the most extreme is 1 million $USD by MacAffee. He even said he's gonna eat his own copulatory organ if it doesn't happen. Who says bitcoin is garbage???

These are just hypotheses. I do not believe in the hypotheses of experts or even those who have entered into the perennial crypto market. We all will be wronged. Instead of believing in someone else's words, I'll find out for myself about the crypto market. That is the best way to bring in real income.
My friends have trusted the experts and they have suffered a very heavy loss. I will learn from it.

Jetakenare

newbie

Activity: 149

Merit: 0

I keep saying that we overlook the basis and focus on the minors. Remember when cell phones used to be so huge? But the technology was genius. Same here. We are evolving with bitcoin.

Topic: Bitcoin is garbage. - page 4. (Read 4597 times)