Topic: Bitcoin is useless so why high price? - page 7. (Read 4706 times)
I don't agree with your point in anyway by calling btc useless which show how you don't understand how it's works , the high fees is solely because of high rate of transaction then which makes so many transaction be in mempool and if you don't forget that miner can only mine in every 10min and that brought about selecting the high rate fee transaction to go first and the less fee transaction remain for hours with no miner picking it that is what brought about the hike in fee then and am sure you are cool now with the fee level which is very low compare to when you wrote this post, we are improving on daily basis as one issue surface then another solution comes, with out bugs technology can't move high so there must be bugs to improve the quality of the technology.
I think that is a false statement, this bitcoin has very many functions and uses, many people can use bitcoin to be used as a solution for transactions over long distances and very fast, sending money from other countries to other countries that are very fast and not too difficult for you and does not require expensive shipping costs.
I think bitcoin is not useless, because bitcoin is already very much used in real terms, such as large companies that start to combine their products with bitcoin, but the price of bitcoin is always volatile, and that is the problem of bitcoin
Bitcoin is not useless. If you wanted to purchase an item online and the seller only accepted Bitcoin then that is worth getting.[/quote
Yes, indeed, I am irritated by the high transaction on bitcoins. But still there are solutions to this cause. There are many projects. Why not create such a project to reduce the transaction bitkoyn. This can be done. It will be convenient for everyone to take out cue balloons. It's just that people do not want this or that.
Humans have evolved to hate change, it's nothing new that people dont like an internet currency, but the truth is, the world is becoming digital, and currency needs to make that transition, it is happening and it will be succesful. There are too many Intelligent investors for it not to happen. Sure people are abusing the market now, but wait until it gets regulated, that's is when the big boys are coming in.
The real issue is, everyone buys bitcoin hoping to make money, the smart money will go into the Altcoins with real value. Stay away from bitcoin, it is obsolete and will die sooner or later. Dont stick with it because you hate change.
The real issue is, everyone buys bitcoin hoping to make money, the smart money will go into the Altcoins with real value. Stay away from bitcoin, it is obsolete and will die sooner or later. Dont stick with it because you hate change.
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 very slow transaction , high fee but it's not useless. It is paired with most altcoins in exchanges.
That's a ridiculous amount of transaction fee for bitcoin, I'm sending my bitcoins in different wallet addresses but I don't pay with that same fee as yours. When the bitcoin fee is high, I exchange it first in other coins with lower transaction fees.
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 don't know why there are many people say that 'bitcoin is useless', 'bitcoin is nonsense',... because of the low transaction speed, high fee. Most of them are newbie who do not know how to change transaction fee, don't know why it is slow. everyone who joined in this bitcoin forum on the target everyone wants it to have a high cost and there are some people who want other people at low cost, even though we are here struggling to achieve results or a conducive fee without rediculus hassles
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I am interested to enter in the world of crypto because I was curious with Bitcoin. Bitcoin is a very nice coin and many people are talking about investments in the Bitcoin. And the coin is Bitcoin has value is very high. And I'm also in a lot more profitable with the Ascension of Bitcoin. But the market will not be forever crypto will experience price increases but also decline. And when the decline we must persist.
I think bitcoin is not useless, because bitcoin is already very much used in real terms, such as large companies that start to combine their products with bitcoin, but the price of bitcoin is always volatile, and that is the problem of bitcoin
Bitcoin is not useless. If you wanted to purchase an item online and the seller only accepted Bitcoin then that is worth getting.
hey bro bitcoin is not useless in my opinion. you can say also gold is useless why people buying gold as a investment. they cant buy bread with gold or they can not do trade with real gold etc etc.
bitcoin have storage value and have limited suppy as you know. and if people wants to buy something the value of that thing surely will be increase. i believe bitcoin will very much valuable in the future .
also you know people spent money while mining bitcoin. you can see also bitcoin need to more valuable than that production cost.
bitcoin have storage value and have limited suppy as you know. and if people wants to buy something the value of that thing surely will be increase. i believe bitcoin will very much valuable in the future .
also you know people spent money while mining bitcoin. you can see also bitcoin need to more valuable than that production cost.
I think bitcoin is not useless, because bitcoin is already very much used in real terms, such as large companies that start to combine their products with bitcoin, but the price of bitcoin is always volatile, and that is the problem of bitcoin
I continue to assert - today BTC remains an actual and useful coin in the modern crypto market. It is of great importance and benefit to investors and participants. Therefore, its value remains high enough. BTC further has an excellent potential for successful development in the market.
When I first came here in crypto market, I only knew that bitcoin is the only crypto that can use all over the world. Then after that, I understand that there's a lot more about crypto currencies and how are the uses and other crypto name of course. All I want to say is , the bitcoin create a big name to help other alternative coins around the globe. How? Simple, the prelude is bitcoin and they see how easy to make a transaction on it, that's why the idea is already there and helping other to promote newly created alternative coins.
I have never understood such people who say that bitcoin is hopeless or useless, because usually only people who do not understand what they are talking about, so people simply do not understand the value
I am sure that BTC is the most important coin for the modern cryptography market, so do not consider it useless. It does provide significant assistance for the market. This is a chance for successful and profitable work of people all over the world, becoming the real leader and king of the modern crypto market.
Bitcoin is not useless if you have a lot of money and you don't want the government holding it you can put it in bitcoin. Why? Since the birth of Bitcoin there are still no reports that bitcoin network itself has been compromised or hacked.
In fact, no one knows whether Bitcoin will grow or not, and those big players who have such information will never disclose 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.
I do not agree with your speculation. There is a reason why the price of the bitcoin is high. And also bitcoin is not useless, it is trusted by so many investors that is why you can't say that it is useless. 
I believe that the full development of cryptography without BTC is simply not possible. After all, it is important for the development of many projects and the entire industry. So I can not call it useless. It is very important for cryptography, the demand remains high enough, so the price is so high.
Personally, I consider BTC a very useful and promising coin for the modern world society. Today it occupies one of the leading positions in the world of cryptography. He is the most successful and popular coin. So do not call it useless.
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