Topic: Bitcoin is useless so why high price? - page 18. (Read 4723 times)
Bitcoin not discarded. Bitcoin is positive dig it has thorn. Altcoins in the alike success price from it.
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.
1. Bitcoin had the first mover advantage. That is HUGE in every technological breakthrough.
2. This is also the reason why it's the "most common" cryptocurrency that even ordinary people have heard about it.
3. After 9 years, it has been relatively stable and still the most trusted cryptocurrency.
4. It has become a store of value, If you have the priv keys or it is stored in your Ledger or Trezor, NO ONE will be able to take it away from you.
5. Everything in the cryptoverse is paired with BTC.
if there is someone who does not like it yes please just to leave it.
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.
1. Bitcoin had the first mover advantage. That is HUGE in every technological breakthrough.
2. This is also the reason why it's the "most common" cryptocurrency that even ordinary people have heard about it.
3. After 9 years, it has been relatively stable and still the most trusted cryptocurrency.
4. It has become a store of value, If you have the priv keys or it is stored in your Ledger or Trezor, NO ONE will be able to take it away from you.
5. Everything in the cryptoverse is paired with BTC.
Maybe BTC has high transaction fee but it is not useless. Bitcoin is the future altcoins just follow..
I think individuals are so anxious and can hardly wait for a change that is the reason they move into altcoins. What's more, it likewise seemed like a FUD in light of the fact that you need the cost to get down. Indeed, you are sad on the grounds that it doesn't influence to a long haul holder. lol
It is not useless, that is why. If you think is useless just sell it for zero and I will buy it from you.It is a reference coin for most others and the market leader. I think it is reserve currency of this cryptocurrency world like gold.And many see it as safe harbour.
Do you will overlook your dad if something awful transpire? same thing happend to bitcoin on the grounds that he the dad of digital currency regardless of how terrible he is regardless of what he do he still your dad. There no another Crypto like ethereum with all his token if bitcoin never made
Yeah I agree that the fees of Bitcoin txn is so high plus txn speed is slow.But bitcoin is the first crypto so people has trusted in it.So it's popular .And I don't think at the moment it's useless.Cause every exchange has btc pair with altcoins which gives it more power.And it will never stop.
Today, the price of bitcoin is not very high and transaction has become faster. But people's interest in bitcoin continues to fall. This means that the era of bitcoin is coming to an end.
For a coin that you need to purchase before making majority of the exchanges out there, I'm surprised that you just called Bitcoin a Useless coin. In fact, you should be flogged for that. lol. Bitcoin is not a useless coin if I must say, and even though the fees are quite high and transaction takes quite some time, I do not think that's enough reason to call it useless.
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 feel the word useless is too ambiguous in qualifying Bitcoin as A Crypto agent in this field. If it is that useless, what are you doing here holding it? Why don't you just dispose it off and quit this forum for something else? Above all , why still waiting for it's price upsurge for you to gain out of the useless coin just because it's confirmation is slow and the Exchange fee is high? What we are all just agitating for is how these fees can be reduced so that low income earners and the poor could also be having their ways with Bitcoin for it to be fairly and be progressively distributed other than being regressive in other for it to achieve its objective timely.
However, you can merge your Bitcoin with your trusted friend in this field in other to reduce the exchange fee rate if you but must have to cash out your coins, my advice instead of you raising Procrastination.
However, you can merge your Bitcoin with your trusted friend in this field in other to reduce the exchange fee rate if you but must have to cash out your coins, my advice instead of you raising Procrastination.
Hi. I don't think bitcoin is useless for it is first cryptocurrency made and other altcoins follow it and no other cryptocurrency will be like bitcoin. There is a reason why its transaction fee is expensive other than altcoins. I think altcoins and bitcoin have the same transaction fee, it just happened that bitcoin has high value and other altcoins has low value. And we did not notice it because the value of altcoin is low.
I think bitcoin high price is because it was first coin and it had blockchain technology, and of course Bitcoin transfer fees are very high but still it is crypto gold, and I think that in the near future you will cover your fees and collect as much as you had at the time of investing.
Bitcoin now shows itself very well and stably continues to develop. The price up to 7000 dollars I take is competitive!
I know this is an old post but bitcoin is never been useless even on that time, fees are for the miners and everything happens for a better cryptohub, bitcoin is useful, it won't get to this point if it doesn't help a lot of people.
Yeah, I remember this situation with high transaction fees in December, Bitcoin Network wasn't ready for such an influx of new users, but this problem is about to be solved.
Cause its the grandfather of crypto. It will always be around and i think will become the number 1 crypto in 2018 and years to come
I do not agree with this view. Anything has its own value. BTC too, it must be valid to be accepted by the community and use it. In terms of BTC there are many disadvantages, its limitations affect many investors and own them. because it is technology 1.0
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.
I do not think Bitcoin is useless. It has helped many businesses to do better in money trading. So it always has a very high value. High transaction costs because operators need to make a reasonable adjustment to increase their profits. But now the transaction fee has fallen to equilibrium. Jump to: