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Topic: Bitcoin is useless - page 3. (Read 3658 times)

sr. member
Activity: 672
Merit: 251
Infleum
April 10, 2018, 07:19:17 AM
Bitcoin has become a speculative asset. Its value as a means of payment is questionable, since transactions are long and commissions are large. But behind it stands the brand, image, infrastructure. That makes it so attractive.
member
Activity: 588
Merit: 11
April 10, 2018, 07:14:38 AM
You couldn't blame everyone for joining into bitcointalk for the possibility they believe on it that it is helpful and not useless. If you say useless then it must be put to end a long time ago for I believe that those who are holders of this coin will complain this to the authorities and savage this system. That case must done a long time if this entire activities is useless but we are here in this place participants in particular campaign. My opinion bitcoin is not useless in other side it is helpful in more sides.
member
Activity: 294
Merit: 10
April 10, 2018, 07:09:54 AM
Yes, many of this are problems we have, but I would not say, that it is useless scince we have tons of developer, who are solving this problems recently
hero member
Activity: 1120
Merit: 507
April 10, 2018, 07:07:01 AM
I respect your point of view when it comes to bitcoin. It wasn't entirely useless if a lot of people are benefiting from it. A lot of people get rich because of bitcoin and I think it is quite rude to say it was useless.

yes i agree with you, maybe that person dont realize the worth of bitcoin. that person needs more proof of bitcoin, bitcoin is very useful and it never as useless. the person that may say that bitcoin is useless must prove he said.
I never understand the facts and reasons on which people term bitcoin as something useless. These people may be are unaware of the meaning of useless or getting paid for spreading chaos regarding bitcoin among bitcoin investors because all evidence are in favor of bitcoin as the most useful currency of the crypto market. I am surprised at those who really believe in these rumors and sell off bitcoins.
full member
Activity: 628
Merit: 154
April 10, 2018, 01:58:26 AM
Bitcoin at this point is holding its value because its a legacy coin. I think its always going to have value based on the fact that it was the first ever cryptocurrency. You should look at it like gold. Gold is pretty useless too but the reason why its so valuable still is because it has so much history. Bitcoin is basically digital gold at this point
This is so absurd to give a statement declaring that bitcoin is nothing practical. People have built new houses, start new businesses, driving new cars just because of investing large amounts into bitcoin. These are all the practical uses of bitcoin.

Those transactions that needed weeks and third parties are now done within few hours without any interference from third party. So please think before spreading such things. 
I would understand and respect people who have negative comments about bitcoin. Perhaps, they have come up these perspectives due to their bad experiences in bitcoin. But I think when you know about how bitcoin works and its functionalities then you will be able to know its advantages and benefits. Don't lose hope it's not the end yet, if you find bitcoin useless, give another try.
It is the bad experience or no experience or no knowledge from which negativity arises that effected the minds of those who do not know about Bitcoin and digital currency due to which people are thinking about the traditional investment and consider Bitcoin is useless but they do not know about Bitcoin, its uses and advantages. It is our responsibility to encourage and introduce the positive image of Bitcoin to those who do not know about the future single currency.
member
Activity: 314
Merit: 10
April 10, 2018, 01:22:20 AM
You have a point about that thing but I don't agree for saying that bitcoin is useless maybe you just didn't earned what you intended to join here. Just like I also one of the people just like you then it turns to a great days to come when I reached my point to use my bitcoin in a emergency situation and I have some coins that I can also use if I want it. So it will never be useless to my point of view.
newbie
Activity: 98
Merit: 0
April 10, 2018, 12:52:41 AM
I just follow this technology, so I join to this forum, learn many about crypto. I have a wallet also. I do some bounty, or something else which have a profit. I have no ever to invest in any project. I just hold some coin, and sell some if needed. Actually, I can't predict about this crypto for a few years later. But, honestly it has so many weakness to be a great future; especially about the risk of crypto.
legendary
Activity: 1330
Merit: 1019
April 10, 2018, 12:33:57 AM
I respect your point of view when it comes to bitcoin. It wasn't entirely useless if a lot of people are benefiting from it. A lot of people get rich because of bitcoin and I think it is quite rude to say it was useless.

yes i agree with you, maybe that person dont realize the worth of bitcoin. that person needs more proof of bitcoin, bitcoin is very useful and it never as useless. the person that may say that bitcoin is useless must prove he said.
Pessimism is against your positivity and optimism is against your negativity for those who keep such negative thoughts about any business like Bitcoin.

As you said only negative minded people can thinks such thing that is why the market is full of such negativity that has an inverse affect on the popularity of Bitcoin. Bit all these are the abortive attempts and will not get success to stop Bitcoin from growing more.
full member
Activity: 1316
Merit: 105
April 09, 2018, 04:19:37 PM
Well, if you will ask me. I will think right that bitcoin is only pioneering and it is still have a good potential and perspectives to be more usable in close future.

you are right. it's difficult to demand from bitcoin to be the both things - tool of payment and investment tool. bitcoin is only 9 years old and the good times are still to come.
sr. member
Activity: 1236
Merit: 252
April 09, 2018, 03:58:38 PM
Absolutely agree. What can I see that almost every popular atlcoin can be useless also, and could have same problems but its not.
Well this is a subjective topic. You can call it useless and I have the arguments to make correction. This technology has already proved its legacy in the last decade and as many as 21million people have had their funds invested in Bitcoin in 2017. If it were a useless technology, why would the people invest in it in the first place. I agree there are few issues but they are very few compared to the advantages it is offering.
newbie
Activity: 60
Merit: 0
April 09, 2018, 12:48:14 PM
Its so useless that your Govt is secretly dealing to get some over the counter profit -_-
legendary
Activity: 2044
Merit: 1115
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April 09, 2018, 11:12:59 AM
Utility is what creates value, and right now you could say that people are finding it useful because there are plenty of people buying it at the current price. What exactly it is useful though is a more important question, because it may inform future value. For example, if people are buying it right now because of its utility as a speculative asset they can gamble on, that's more problematic than people buying it because of its utility as a store of value or as a currency. I see quite a few people claiming the store of value motive, but I'm not convince they're not delusional because a lot of those same people talk about mooning or lambos. Utility as a speculative asset seems finite and fleeting to me, like a fad, while long term value can seemingly only come from utility as a currency. If Bitcoin can never fulfill its potential as a currency, it probably won't make it long term, and in order to be a useful currency, it's going to need to establish a significantly stable price over time.
full member
Activity: 399
Merit: 105
April 09, 2018, 10:24:36 AM
Well, if you will ask me. I will think right that bitcoin is only pioneering and it is still have a good potential and perspectives to be more usable in close future.
member
Activity: 252
Merit: 71
April 09, 2018, 09:42:02 AM
Keeping respect to your views i would rathe say blockchain isnt still so expanded to withstand the server pressure so its being slow.
In the view of just bitcoin and other cryptocurrency i think in the term of technology i think there is possibility that it wiuld be replaced. As, cryptocurrencies are slowly evolving and that makes sense to just not trust bitcoin for all of your money because it is best to diversify so if bitcoin will be gone then you will not have a very frustrating loss of money since you are well diversified.
I don't think any of the cryptocurrency can replace bitcoin as of now non of replaced it yet. if it was useless than it may not have been so popular and costly as compared to other crypto currency.Its the matter of time nothing else which makes it useless or worthy and one should not decide its usefulness or uselessness by just obeserving a slight fall in it's price.It will recover soon and people will again gain faith over it.
full member
Activity: 267
Merit: 110
April 09, 2018, 09:39:58 AM
Keeping respect to your views i would rathe say blockchain isnt still so expanded to withstand the server pressure so its being slow.
In the view of just bitcoin and other cryptocurrency i think in the term of technology i think there is possibility that it wiuld be replaced. As, cryptocurrencies are slowly evolving and that makes sense to just not trust bitcoin for all of your money because it is best to diversify so if bitcoin will be gone then you will not have a very frustrating loss of money since you are well diversified.
newbie
Activity: 32
Merit: 0
April 09, 2018, 09:34:21 AM
Keeping respect to your views i would rathe say blockchain isnt still so expanded to withstand the server pressure so its being slow.
full member
Activity: 340
Merit: 122
April 09, 2018, 09:25:30 AM
I respect your point of view when it comes to bitcoin. It wasn't entirely useless if a lot of people are benefiting from it. A lot of people get rich because of bitcoin and I think it is quite rude to say it was useless.

yes i agree with you, maybe that person dont realize the worth of bitcoin. that person needs more proof of bitcoin, bitcoin is very useful and it never as useless. the person that may say that bitcoin is useless must prove he said.
I don't think it is useless it still has some advantages which we are currently benefiting even until today the first if it is still why is it some of our firms here in our country are accepting bitcoin as mode of payment, and we can cash out our cash through them. Second is that I can still earned a lot money in bitcoin through trading if you wisely look at the move of the price of the market regularly, would something like that be useless.
sr. member
Activity: 569
Merit: 250
April 09, 2018, 09:07:47 AM
We all have different views in terms of Bitcoin. In my kindle opinion Bitcoin is so useful to me and my entire family. Another thing is that a lot people supports Bitcoin, because they are satisfied with the results they had today with Bitcoin or because they still see a big potential on this currency.
full member
Activity: 532
Merit: 100
April 09, 2018, 08:12:43 AM
That is not right.It is wrong.Bitcoin can still be helpful Many people are already benefited by working or investing. Because it is the best opportunity to earn money.Bitcoin is giving you profit and makes your life better, then bitcoin is more than being so useful at all.So,to say that it is useless seems to me really wrong.It is useful and helpful Cryptocurrency.
For me  i do not agree that bitcoin is useless   because more benefits you have and  bitcoin is helpful because many people change life because of the bitcoin you can invest money and i believed that bitcoin is useful,...
there are two very different points. The first point is when a person using crypto currency began to correct his financial situation. But the second point is that when a person tries to earn even more, we start to take out loans to invest money in Bitcoin to get a huge profit in the future. This situation indicates a huge risk, because of which a person further aggravates his financial situation.
newbie
Activity: 46
Merit: 0
April 09, 2018, 06:59:50 AM
That is not right.It is wrong.Bitcoin can still be helpful Many people are already benefited by working or investing. Because it is the best opportunity to earn money.Bitcoin is giving you profit and makes your life better, then bitcoin is more than being so useful at all.So,to say that it is useless seems to me really wrong.It is useful and helpful Cryptocurrency.
For me  i do not agree that bitcoin is useless   because more benefits you have and  bitcoin is helpful because many people change life because of the bitcoin you can invest money and i believed that bitcoin is useful,...
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