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Topic: Bitcoin is garbage. - page 8. (Read 4603 times)

sr. member
Activity: 1428
Merit: 250
January 19, 2018, 07:38:16 PM
I think the fee of bitcoin transactions is pretty so high! if developers can settle lower transaction for lower fee then bitcoin stay fair conditions.
member
Activity: 210
Merit: 26
High fees = low BTC price
January 19, 2018, 07:16:12 PM
We all know that the fee are so high, but we are still using bitcoin as a payment

I don't think we are using it for payments and it's more of a gambling chip except no one dare deposit
BTC at on-line casinos because their fun money has gone before they get to play.

Lets face it Bitcoin is useless as a currency and the development team is owned by the miners
and keeps coming up with excuses to rip us off. Segwit wallets is hardly cheaper and all the
dev teasm needs to add to Bitcoin core is the line of code shown below if they were too stupid
to add it in the first place.

public static money MaxFee=150 // The rich can wait in the bus queue and take turns like the rest of us sheeple
newbie
Activity: 33
Merit: 0
January 19, 2018, 06:26:14 PM
Crypto will overcome these things or they just simply die. Bitcoin can make a big improvements.
I'm waiting to see that lightning network first.
hero member
Activity: 798
Merit: 500
January 19, 2018, 06:22:55 PM
ETH has also been quite good for me.    
How can bitcoin be a garbage if many people are still using it and through this, many people can provide their financial needs. Just like what they always say that the mans garbage will turn to gold, so it means bitcoin is a garbage because it is our gold. Our gold that helps many people for everything. Helps people to provide their daily needs and some of our desires.
member
Activity: 616
Merit: 10
January 19, 2018, 05:58:34 PM
I dont think so becouse if it falls than all altkoins grows up, and thats interesting and can help us to trade!
legendary
Activity: 3766
Merit: 1368
January 19, 2018, 05:53:40 PM
Does PeerCoin (PPcoin) have fees?    Cool
newbie
Activity: 56
Merit: 0
January 19, 2018, 05:52:19 PM

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

Yes I agree with you RawDog that currently bitcoin is garbage. In btc protocol it should be enforced that fee cannot exceed to-be-transferred funds.  If I want to pay for a coffee $5 with btc I DO NOT agree to pay $10 fee. If that doesn't change people will choose altcoins with near zero fees.
sr. member
Activity: 560
Merit: 260
January 19, 2018, 05:11:54 AM
ETH has also been quite good for me.   
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
January 19, 2018, 04:55:17 AM
Bitcoin is not garbage but is just experiencing some downward trend which will later phase off.

You do realize many people couldn't care less what they are worth right ?
Why did you post that ? You clearly did not get what he said or understand crypto.

People in crypto are now brain damaged pajeets.
I can't be bothered talking to you idiots.. you are insufferably stupid.

Recap for the 'tards.
If the thing doesn't work ? Then it's worthless.
Understand what investing means now dumb fucks ?
Would you invest in a company that makes broken products ?
YES.. you would which is why BTC is worth 10k.

Please kill yourselves idiots.
I can't believe there is this many morons on the web.
The rise of BTC and popularity is eye opening.. i had no idea there was that many brain dead greedy dipshits out there.
member
Activity: 392
Merit: 10
January 19, 2018, 04:08:59 AM
Transaction costs are too high. Confirmation time blocks too. I think bitcoin is losing faith. However, there are many other good coin and you should invest in them. ETH is an example
sr. member
Activity: 560
Merit: 260
January 19, 2018, 03:56:08 AM
One man's garbage is another man's gold.
full member
Activity: 168
Merit: 100
January 19, 2018, 03:35:29 AM
Bitcoin is not garbage but is just experiencing some downward trend which will later phase off.
copper member
Activity: 490
Merit: 2
January 19, 2018, 03:29:20 AM
This is really too much. But still it does not prove BITCOIN to be a garbage.You should yourself think once that if BITCOIN would be the garbage then no one is this much stupid that he will pay such a high fees.
member
Activity: 98
Merit: 10
January 19, 2018, 03:20:24 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.  


This is one of the reason why bitcoin dropping price it has too high transaction fees. Bitcoin network currently experiencing record high traffic resulting in higher miners fees and longer confirmation time for transaction. If you want to give some tip use other coins that you think have lower fees so that you can save your bitcoins.
full member
Activity: 352
Merit: 125
January 19, 2018, 03:09:13 AM
That's where altcoins are useful. When bitcoin's value are so high that giving a tip is such a waste you can use altcoins. Bitcoin is not the only cryptocurrency. And bitcoin will not be on top if there's none on its bottom.



I strongly disagreen Bitcoin is a good cryptocurrency. This has been speedily taking over the market. Its growth and popularity is skyrocketing and this will continue to develop as time pass. Also, a lot of people has been earning good vecause of bitcoin.
legendary
Activity: 1456
Merit: 1004
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
January 18, 2018, 03:42:06 AM
Don't waste you time Rawdog.. they don't care as long as it can be used to profit REAL MONEY.

Oh and the guy you mentioned said on Twitter way back that ETHEREUM can not compete with Bitcoin.
It was never designed to and it's not a currency.
It's an App's platform "DAPPS" gimmick smart contract fuel token system.. for profit.
Hence why it was launched as an ICO and thus manipulated heavily on launch and ever since.
Making the guy who made rich beyond comprehension.

He wasn't the only notable person who said this.
I said it all along as other well known crypto guys.

Once again the hoards of deaf and dumb greedy useless tits on a bull parade it around as the Bitcoin killer.. the "no. 2 coin".. *soon to dethrone BTC. (the same types of greedy idiots said that about Doge coin in late 2013 / early 2014 too across the entire web hoping to lure in more suckers)
It's been swiss-cheese with security, speed problems, forks, centralization, manipulation, legal problems and was rigged on launch like all ICO's.

It's going nowhere.. like all of crypto.
This shit is a retarded failure.
Why ?

Imagine knowing that a comet / meteor was coming to wipe us all out then doing nothing about it for 8 years.
What the OP here illustrated nicely with pictures for dumb people was known since day one.
We watched it get this bad bit by bit gradually as NO ONE gove zero fucks.
Why ?
Because Bitcoin is awesome and WORTH $20,000.00 per coin .
hero member
Activity: 924
Merit: 500
January 18, 2018, 03:26:22 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.  



Well, its really hard to tell that something is garbage when that garabge that you are referring to or Bitcoin is something that has a value that exceeds all the price value of cryptocurrencies. However, it can still be pointed out that it still is imperfect but it still has benefits that far outweighs anything that we can theow at it in also regardig the numbe rof people who invested on it
member
Activity: 98
Merit: 16
January 18, 2018, 03:19:17 AM
Instead of being fooled by the price of bitcoin, Bitcoin should be a cryptocurrency. It has the value of investing only because people think that it has the potential and is worth supporting, not hype.
newbie
Activity: 76
Merit: 0
January 18, 2018, 03:08:42 AM
should we also support the development of bitcoin, instead of damaging the good name of bitcoin.For the mean time like i said i believe new innovations will come out for bitcoin.
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