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Topic: Bitcoin is useless so why high price? - page 27. (Read 4708 times)

legendary
Activity: 968
Merit: 1000
einc.io
June 16, 2018, 11:45:27 AM
I don't agree that bitcoin is useless. Now it is very convenient to use this coin. We can send quick transactions at a low price. I'm fully confident that the technology of blockchain is very useful for many spheres of human life.
sr. member
Activity: 532
Merit: 255
June 14, 2018, 05:44:40 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. 

I think you are a pessimistic person in a bitcoin development, people like you are someone more thinking about the negative aspects of a situation than the positive aspects. Because people like you, usually very easily emotional, and easily influenced by things that are negative, such as FUD.
Change your mindset and use logic as a resource to deal with various problems that occur, and keep positive thinking. You have to believe, whatever happens to bitcoin everything will get better and whatever happened it all has its own solution
member
Activity: 392
Merit: 11
The New Pharma-Centric Marketplace
June 14, 2018, 05:13:55 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.

where did you get your ideas that bitcoin is a useless?yeah there are times that transaction of bitcoin is slow,but its not the reason that the faults are in bitcoin itself,because bitcoin is only a crypto and those transaction with high fees are  come from the trading change and the block chain market,thats why theres some slow in making a transaction because of so billion of people are doing a transaction and block chain have a traffic,thats why theres a miner who help  to make your transaction fast ,so in return you must pay a high transaction fees.
newbie
Activity: 48
Merit: 0
June 14, 2018, 05:06:19 PM
you just can't say that Its useless, it still become good investment for most of us . Sure it cant be for daily use you know the fees and slow transaction but still, its bitcoin the father of cryptocurrency... it will develop in the future this is just the beginning
hero member
Activity: 1134
Merit: 502
June 14, 2018, 04:43:19 PM
Maybe in your perception its useless but for some of us that was able to change the life because of Bitcoin and like me who is still using Bitcoin til now because there is a website that we can use where we can buy prepaid load, pay bills monthly using Bitcoin. So it is still useful for us for lots of reason.
jr. member
Activity: 266
Merit: 1
June 14, 2018, 04:39:31 PM
always have it in mind that bitcoin is the father of other coin without bitcoin other coin will not exist so the trust people have in bitcoin is so much high compare to other coins.
legendary
Activity: 2534
Merit: 1338
June 14, 2018, 04:21:30 PM
If bitcoin was as useless as the OP is suggesting the price will be very low or bitcoin will have no value at all, but the fact it has a high price shows that people do not think bitcoin is useless, a useful thing to remember is that when your beliefs crash with the evidence given to you by the real world 100% of the time you are the one that is mistaken.
member
Activity: 224
Merit: 10
June 10, 2018, 06:37:54 AM
for me, the mystery is why bitcoin is so expensive. but it seems to me that the price for it is absolutely justified, because we get the final profit and such a high price is very profitable for us in any case
member
Activity: 420
Merit: 50
June 09, 2018, 10:17:26 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.

Since it was the first ever cryptocurrency that breaks insane records in history, people up until now still seeks investments on bitcoins even if they're outdated now. They still carry that 5 digit value and yet maintain an outdated design. This is a similar case for watches.
Eventhough bitcoin not accepted by governments law so some persons says it's useless but atleast it gives opportunities for individuals in the online site which it can get good moneys by participating bounties and involving investment.We want high price because the money you invest the higher returned of profits. This digital currency was mold, to replace fiat so I think,its not useless because it is easy to use in terms of transactions.
full member
Activity: 504
Merit: 100
June 09, 2018, 10:07:26 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.

Since it was the first ever cryptocurrency that breaks insane records in history, people up until now still seeks investments on bitcoins even if they're outdated now. They still carry that 5 digit value and yet maintain an outdated design. This is a similar case for watches.
full member
Activity: 462
Merit: 100
June 09, 2018, 09:17:48 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.

It is because it has been the first cryptocurrency ever to make it this big. Imagine an invisible money that has a lot of value but is not backed by gold reserves. People will pay for it. Since it was the first, people will have a hard time finding a successor worthy of its replacement.
member
Activity: 252
Merit: 10
June 09, 2018, 08:51:21 PM
Bitcoins are only useless for those who do not really know the bitcoin knowledge. If you are really a bitcoin-savvy, you will find them quite useful and will help you make a big income when entering the cryptocurrency market. Many people know bitcoin berths so the price of bitcoin is higher and they are always highest in the cryptocurrency market.

The price is not because its useful or not. Useless for you but not only you who use bitcoin in this world. Its price is backed up by people around the world who believed it to be a great investment opportunity though its system have become harsh for small time users.
newbie
Activity: 126
Merit: 0
June 09, 2018, 08:47:00 PM
I don't think that BTC are useless. Many payment are used with Bitcoin on deepweb if you want to know. And deepweb are 90% on the internet. Bitcoin keep all transaction anonymous and beside that, Bitcoin already trusted and safe. I think in the future Bitcoin transaction will be more faster and the fee maybe can became cheaper.
newbie
Activity: 97
Merit: 0
June 09, 2018, 08:18:31 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.
It's not useless, it's widely used digital currency. It's been used in transaction on payments online and other establishments uses it.
member
Activity: 271
Merit: 10
June 02, 2018, 05:49:07 AM
Wow, your logic is really great! Bitcoin is useless? Slow transaction? So I want to ask you what is the use of gold? Can you eat it? Can you fight hunger? Why Bitcoin is so valuable? Do you know now?
newbie
Activity: 17
Merit: 0
June 02, 2018, 05:31:02 AM
This is useless temporarily. If someone enters a good payment system, then bitcoin can be paid as usual money. And of course everybody wants to be rich. Smiley
newbie
Activity: 17
Merit: 0
June 01, 2018, 10:13:30 PM
I don’t agree with you about bitcoin is useless but it’s fee is very high that’s true. Bitcoin is the most popular and first coin in cryptoworld. And it’s promising for investment.
member
Activity: 434
Merit: 10
Fast, Smart, Trustworthy
June 01, 2018, 02:56:03 AM
I think it's because they saw Bitcoin's gains last year are staggering. Everyone wants to buy Bitcoin and wait for the advent of the bull market. They all think Bitcoin is a valuable cryptocurrency!
newbie
Activity: 23
Merit: 0
June 01, 2018, 12:14:29 AM
I'm insanely happy when the prices are really high for bitcoin, but why they are such I never understood and I think I will never understand Smiley
full member
Activity: 665
Merit: 114
#SWGT PRE-SALE IS LIVE
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, and if bitcoin is really useless, why are you here? bitcoin is the reason why there are some site like this, altcoins was created because of the idea of bitcoin. without bitcoin any other cryptocurrency will never been created like they use to right now.
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