Topic: Bitcoin is useless so why high price? - page 10. (Read 4706 times)
Bitcoin is never useless because if useless Bitcoin can not make money and dollars. Bitcoin has contributed to the development of the currency and is now the modern technology Blockchain applied to life. In my opinion Bitcoin is a treasure trove of humanity of this century and it feels Satoshi Nakamoto created Bitcoin.
but even though like that when seen from crypto development, most altcoins now price depend on the price of bitcoin, and if bitcoin dies then there is the possibility that there will also be many altcoins that die.
Bitcoin is very slow transaction and fee is rediculus then why people bother buying it or considering it. I have £130 of bitcoin and I want to move it and it is asking for £28 network fee. Why should people bother having it. I can't wait to get rid of it when the fee is low.
Bitcoin fees is really high, but I don't agree that this is useless because I believe in the future of every cryptocurrency and bitcoin is one of them. If you really think bitcoin is nothing then stop holding on it. Bitcoin will be better in 2018 and people who sold it on panic will surely buy back.
In addition to supporting the progress of the Bitcoin with use it will be helpful for his future as well.
My personal opinion is that bitcoin is inertially driven by other technologies on which it was based. He can be old, yield in comfort and speed, but since he stood at the sources, his movement is conditioned by the movement of the crypto-currency sphere itself.
Of course, this is only a rough idea of this. It may not coincide with reality. Maybe a banal "demand-supply"
Of course, this is only a rough idea of this. It may not coincide with reality. Maybe a banal "demand-supply"
And actually who told that the bitcoin is useless? It is the very first cryptocurrency. It is clear that there are already more developed coins, but the bitcoin is an icon in the world of cryptocurrency. And he completely copes with this function.
You can understand this without knowing Bitcoin. At present, Bitcoin can be used as a payment method in many places, such as buying a TV set. This is its value!
oh .. I want to laugh, why are there people who have the same thoughts as me. because in my country BTC cannot be used in everyday life, this means that BTC is useless. but because this is included in the investment so the price is expensive 😁
we don't know for sure why this can happen, bitcoin did not have value, until it's time for everyone to hunt for bitcoin, and want to have it because the price is very high. when bitcoin has a function and is useful in the future I think the price can be more expensive than now.
I think bitcoin is good after all. I think that first of all it is a means of conducting illegal operations ... But this is not necessarily bad. Bitcoin is useful for both legal and illegal transactions.
oh .. I want to laugh, why are there people who have the same thoughts as me. because in my country BTC cannot be used in everyday life, this means that BTC is useless. but because this is included in the investment so the price is expensive 😁
As the numbers of people increase, automatically will affect bitcoin price. Bitcoin now is popular and the people are started using it instead of fiat money. And it is simply because we have just want to change, replacing old by a new one is very exciting and full of surprises. And I believe that, bitcoin will continue soaring and it would be more useful in the future.
The price for Bitcoin is so high mostly for the reason of its limitation (21 millions of BTC that exist). Add here the faith to this cryptocurrency of millions that are eager to invest into it and you will get the answer.
Bitcoin today just like gold as an investment and not used as actual monetary for products and services payments. So people are holding it instead of circulating the coins. That's the reason why Bitcoin is very expensive.
Bitcoin is very slow transaction and fee is rediculus then why people bother buying it or considering it. I have £130 of bitcoin and I want to move it and it is asking for £28 network fee. Why should people bother having it. I can't wait to get rid of it when the fee is low.
Avoid transacting in small amounts because currently Bitcoin transaction costs are very high and that will hurt you but I believe this will be completely innovated or changed immediately. because I agree, high fes are going to kill the coin.
And I do not think so. Bitcoin is and will be. His steadfastness and stability is his strength. Therefore, I believe whoever would predict the collapse of this crypt. He still continues to stand in his honorable place.
Bitcoin is the first cryptocurrency, it will always exist. Its main advantage is that it is placed in the hands of the community and the community develops it and eliminates mistakes. All other cryptocurrencies belong to a certain team of developers, i.e. everything seems to be decentralized,and on the other hand there is centralization
We can't deny fees are actually high but to say bitcoin is useless then you're wrong do some research on internet what bitcoin can do to less our hassles example paying utility bills.
Bitcoin is only popular because it was the first coin.
Its outdated now compared to many cryptocurrencies.
Its painfully slow, its expensive and its highly inefficient network that consume over a country electricity.
Ditch Bitcoin and buy other. Its a reason why its not going up anymore
Its outdated now compared to many cryptocurrencies.
Its painfully slow, its expensive and its highly inefficient network that consume over a country electricity.
Ditch Bitcoin and buy other. Its a reason why its not going up anymore
I believe this perception of yours is only coming probably because you haven't started using this coin or better still you haven't really come to the understanding of what the coin stands to represent future wise. Then, if anyone hasn't caught even the glimpse of what the apex coin stands to represent, staying here i think is just a waste of time. Bitcoin despite all of it's shortcomings, stands to be one of those few coins that will carry us into the future. In fact, I can say it's the main one. If not, it's been over 9 good years, and blockchain technology is still standing on. Satoshi's good intentions is yielding positive results as the years keep rolling in.
The reason is that bitcoin is the first crypto money in the world and the total bitcoin supply is very small. And i think bitcoin not useless. Yes, the transaction speed is unfortunately slow compared to the new coins, but it is not very accurate to only evaluate the bitcoin from the speed of the transaction.
i don't think bitcoin is useless. it still works well and reliably. besides, you can pay with it at different merchants who don't support other crypto currencies.
it's true that bitcoin is a coin that many investors in this world rely on because the price is getting higher and more expensive even though many people think bitcoin is useless
i don't think bitcoin is useless. it still works well and reliably. besides, you can pay with it at different merchants who don't support other crypto currencies.
it's true that bitcoin is a coin that many investors in this world rely on because the price is getting higher and more expensive even though many people think bitcoin is useless Jump to: