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Topic: Bitcoin is useless so why high price? - page 25. (Read 4682 times)

newbie
Activity: 23
Merit: 0
June 21, 2018, 09:38:03 AM
bro you don't know what you're talking about!
Bitcoin is not useless! just use SegWit address in order to pay less fees.
Bitcoin started this financial revolution! so please don't say anymore it is useless.

full member
Activity: 868
Merit: 108
June 21, 2018, 09:35:08 AM
Why some people say bitcoin is useless? I believe that bitcoin has a good future that is why I`m here and I support the bitcoin world because  bitcoin make a big changes in my life that is why there is no reason to say bitcoin  is useless.

Many people has a better life because of bitcoin even though the price of bitcoin now is very low but I believe that someday bitcoin price will be more expensive than what is the r price now.
full member
Activity: 427
Merit: 100
June 21, 2018, 09:17:01 AM
I do not know why you used the word useless to qualify bitcoin but I believe it is a very potential coin and also the best crypto. The price of bitcoin is high because if it of a very high demand as the oldest crypto. It is very useful to people who know what the system is all about, though it might have a very slow transaction speed and high fee but this doesn't make it useless.
full member
Activity: 946
Merit: 105
June 21, 2018, 09:13:52 AM
Diamonds are useless to. It just feels good to have some.
Bitcoin is an expensive currency for the world, yet being the pioneer of blockchain technology, many huge investors are into it and it would not decrease in price until they cashout.
sr. member
Activity: 1722
Merit: 252
June 21, 2018, 09:11:55 AM
Many people do not care about and appreciate the invention of others so they are often underestimated, but I'm sure the main factor that makes people do not want to be bothered with bitcoin because they are afraid of change so that bitcoin is worthless.
member
Activity: 224
Merit: 29
June 21, 2018, 08:57:40 AM
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 is prevalent on the grounds that it was the main coin.Its obsolete currently contrasted with numerous cryptocurrencies.Its agonizingly moderate, its costly and its exceptionally wasteful system that devour over a nation electricity.Ditch Bitcoin and purchase other. Its a motivation behind why its not going up any longer
full member
Activity: 585
Merit: 100
June 21, 2018, 08:55:55 AM
Tuy BTC mang nhiều rủi ro lớn nhưng giá của nó lại khá cao. Do không có sự kiểm soát từ các ngân hàng lớn. “Các sàn giao dịch bitcoin là phi tập trung, tức là việc trao đổi, giao dịch được thực hiện ngang hàng giữa các nhà giao dịch”. Bitcoin cũng rất an toàn, sử dụng mã hóa 2 bên cho từng giao dịch.
newbie
Activity: 266
Merit: 0
June 21, 2018, 08:44:55 AM
Yeaah Bitcoin fees are really high, but I It is useless only now. I believe Bitcoin will be actively utilized as a major international currency.
newbie
Activity: 74
Merit: 0
June 21, 2018, 08:33:40 AM
The transaction fee of Bitcoin cannot make it useless, do not forget that it has the highest market cap because all the other coins are related to the bitcoin index.
full member
Activity: 406
Merit: 131
June 21, 2018, 08:31:09 AM
I think Bitcoin is having a massive problem with the average transaction fee of 0.001 BTC / transaction. Also confirm time is very long, causing discomfort as well as anxiety for everyone. I think in future Ethereum will easily replace this weakness with Blockchain 2.0 technology.
newbie
Activity: 98
Merit: 0
June 21, 2018, 06:27:46 AM
Seriously? Useless? How can you say that, bitcoin have a high price value in cryptocurrency even its unpredictable most of people use it
member
Activity: 276
Merit: 10
BitSong is decentralized music streaming platform.
June 20, 2018, 08:04:30 PM
Bitcoin isn't useless. You can but a lot of altcoins using it (most of them are trading only with BTC pairs).
It's bacisly $USD for altcoin trading/investing.
jr. member
Activity: 297
Merit: 1
June 20, 2018, 12:53:45 PM
The reason why it seems BTC or any other crytocurrency looked like useless is the way the users and investors use it. Cryptocurrencies concept is supposed to be a digital currency to be used to buy necessities but instead what we have is a digital asset that  bug time investors control. The only way to change this is the mass adaptation to use crypto in daily transaction with the approval of first world countries.
newbie
Activity: 31
Merit: 0
June 20, 2018, 12:44:19 PM
If you wan't to buy any coin, and i mean any coin, which coin are going to trade for it? Well what about the percentage of people who are going to do the same thing? I'm not going to risk any number but i would bet it would be quit
member
Activity: 271
Merit: 10
June 19, 2018, 07:27:02 PM
Bitcoin is very useful to those who knows exactly what the system is all about.It changes or shall we say improve the living of many bitcoiners. When there will be no proper environment where we can use bitcoin, we cannot call it useless. First we need to design a complete system so that we can use bitcoin more effectively. I think bitcoin has a system, technology, and skill that is quite reliable, which is not owned by any other coin
member
Activity: 238
Merit: 10
June 19, 2018, 07:26:54 PM
Bitcoin is great because it has worldwide recognition which is good for crypto in general. If you go on the street and ask people if they invested in ripple or ethereum, they would have no idea what you are talking about. Bitcoin has its purpose and as a digital currency, its very easy to send and received btc from anywhere int he world. Its becoming popular right now. Also, its the demand that determine the bitcoin prices
member
Activity: 238
Merit: 10
June 19, 2018, 07:26:48 PM
I do not think bitcoin is useless. Bitcoin's price is so high because of the high cost of bitcoin, the price of BTC from scratch to the highest equivalent of an ounce of gold, though speculative and bubble-forming, but the price Long-term fluctuations around the value of the underlying source of bitcoin price is the value of bitcoin. Price and usefulness are two different things. Bitcoin is useful as a good tool of investment or a good asset. But its use as a currency is almost negligible
jr. member
Activity: 322
Merit: 2
June 19, 2018, 07:08:59 PM
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 is not useless. It just happen that the transaction fee is so high with slow confirmation. Just wait till the new mode launch and bitcoin will be faster again with low fees.
hero member
Activity: 966
Merit: 507
June 19, 2018, 06:30:50 PM
It is ridiculous to create a question based on a false assumption, a false claim in this case. Why did you decide to create this topic anyway? Only to generate confusion?
member
Activity: 308
Merit: 10
June 19, 2018, 06:25:24 PM
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.
Well the fact that it has the above qualities doesn't mean Bitcoin is useless, and by the way people continue to respect and give Bitcoin the due diligence because it controls all the other coins. In fact Bitcoin controls the crypto market and so we cannot do waway with BTC.
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