BTC Its Just a Product of Speculation Nothing Else !

Fire Rabbit

legendary

Activity: 1267

Merit: 1000

BabelFish - FISH Token Sale at Sovryn

Quote from: karamoris on December 24, 2017, 04:32:11 PM

Because of its Value that is constantly growing, & its technology is outdated.

yes I agree with you. Now its really useless to use bitcoin for buying any products. Just check the transaction fees. Its so high. Today I transferred 0.0039 btc from my wallet to pay my hosting fees and for it the transaction fee was 0.002btc. So now its really not good to use bitcoin for purchasing any products because of its high fee. Its technology is outdated. Hope it will be solved when lightening network is implemented.

felipe04

full member

Activity: 308

Merit: 100

It's some ways you can say crypto is like that but more on conveniece that can brings because it comprised transaction,earnings,knowledge in anything and it's created good for past time.I think if you don't know crypto your always hobby is in social media like twitter and facebook so that can crypto brings in life.Think if you can do some jobs here like campaigns,faucets,trading and gambling it kiling your time while do a good past time you earn and learn in same time that's crypto.

Hazir

legendary

Activity: 1596

Merit: 1005

★Nitrogensports.eu★

Quote from: karamoris on December 24, 2017, 04:32:11 PM

Because of its Value that is constantly growing, & its technology is outdated.

Everything is the product of speculation - do you think Gold or Silver is not overpriced too? Or art for that matter?
We are living in a world where things have value based on 'speculation' - bitcoin is not different.
As for the technology - bitcoin can be updated and upgraded, it is not that we are stuck with protocol we have and it is the final version.

CryptoBitCoins

full member

Activity: 644

Merit: 120

It seems to me that bitcoin was not created for trading in the market, but as a means of paying labor and exchanging money, and traders made their business out of this. Is it possible that bitcoin is obsolete? Perhaps, but on its basis, new crypto currencies are being built and I believe that bitcoin gave a strong impetus to development in this direction.

sopromat

full member

Activity: 353

Merit: 100

It's technology is not outdated, and maybe you are right about saying that it is purely based on speculation, that might be true... But the technology outdated? no way mate, it has a brilliant technology only that the fees are the only bad thing of bitcoin.

Schnecke

jr. member

Activity: 47

Merit: 17

You are right. I am immediately going to buy your altcoin for a lot of money.

karamoris

jr. member

Activity: 154

Merit: 2

Because of its Value that is constantly growing, & its technology is outdated.

Topic: BTC Its Just a Product of Speculation Nothing Else ! (Read 155 times)