Dark Future of Bitcoin - page 2. | Bitcointalksearch.org

D-Fault

member

Activity: 154

Merit: 10

Quote from: kolotov on January 10, 2018, 06:04:26 AM

I stopped using BTC entirely, only deal in ETH now, the transactions are much more faster and cost less money.

True that. I use altcoins also and just hodling my Bitcoins as a emergency ration for the bad situation day. Grin

Not dealing too much with Ethereum really, just exchanging it on the coins I like. I don't go trading with ETH cus it's also less flexible then switching it to altcoin and trading with it.

KXC247

jr. member

Activity: 294

Merit: 1

I don't see bitcoin as a day to day currency anyway. I See it as a store of value

pwchan001

jr. member

Activity: 118

Merit: 5

Yes, the transaction fee of bitcoin is just unreasonably high! I remember that when I made my first transfer of bitcoin (about 0.05btc only) from one exchange to another, 0.004btc was consumed as transaction fee! And the speed of transaction was so slow that I had to wait a couple hours before it reached another exchange’s wallet. After this lesson, I had never transfer bitcoin directly from one wallet to another, instead I would convert it to other altcoins with low transaction fee but high speed of transaction such as Dogecoin and Litecoin before I made any transaction.

cryptonoob312

sr. member

Activity: 518

Merit: 250

Agree, Bitcoin is stagnating. 2018 will be a year of Ethereum just like 2017 was a year of Bitcoin. Ethereum is more innovative than Bitcoin. Ethereum is faster, has lower fees and supports smart contracts. It's not just a cryptocurrency, but also a platform for other services. Its potential is huge. I'm sure that Ethereum will be Bitcoin's successor soon.

kolotov

newbie

Activity: 82

Merit: 0

I stopped using BTC entirely, only deal in ETH now, the transactions are much more faster and cost less money.

Nana_Marini

full member

Activity: 392

Merit: 103

I heard about the news few days before. But I am not believe about the news. I think bitcoin will rising again friends because many people support bitcoin

Lancusters

sr. member

Activity: 630

Merit: 263

Such news appear constantly. We've seen that China can not long to have an impact on bitcoin. Lowering the prices of bitcoin this is a temporary phenomenon. I am sure that this year will be a decision that will speed up transaction confirmation times and reduce their cost. The price of bitcoin is very quickly restored.

drunkcoin

member

Activity: 70

Merit: 10

Agree. Bitcoin's best days are over. Ethereum is going to be its successor due to faster speed, lower fees and smart contract support. Bitcoin is a long term asset, not a currency at all. If you didn't buy Bitcoin when it was less than $1000, just forget about it.

Jarx

sr. member

Activity: 574

Merit: 253

Quote from: peterparker9191 on January 10, 2018, 05:13:13 AM

I dont think that the Bitcoin has a bright future if the fees stay that high. Right now its just like an investment/speculation, but there is no actual use. I would choose different altcoins which have lower transaction fees. But in the end its your decision which coins you select. Good luck!

All the best, Peterparker9191

The same, I prefer altcoins to Bitcoin. They're faster in transactions and are pretty good for small payments. Also much more flexible and useful in trading. I don't think anybody is trading with Bitcoin with a hope of great income. It's much better just hodling it then selling.

stromae

full member

Activity: 309

Merit: 100

Nobody is asking for $138 fee, what is the source of this?

We all make bitcoin transfer and payments, but I've never seen and heard that high fee. Relying on this and blaming bitcoin is not making sense.

peterparker9191

newbie

Activity: 7

Merit: 74

I dont think that the Bitcoin has a bright future if the fees stay that high. Right now its just like an investment/speculation, but there is no actual use. I would choose different altcoins which have lower transaction fees. But in the end its your decision which coins you select. Good luck!

All the best, Peterparker9191

Ckjnow

jr. member

Activity: 70

Merit: 1

LN is already in work. Wink

Jarx

sr. member

Activity: 574

Merit: 253

Well the Bitcoin has become a crypto gold. Just like the dollar been tied to the gold, so altcoins tied up to Bitcoin. Believe me, nobody been trading golden coins as a currency in 40th so nobody is going to use Bitcoin as a currency in the nearest future.

ycoin123

newbie

Activity: 56

Merit: 0

I don't think that Bitcoin will suffer from Dark Future . Bitcoin is the standard Coin.Every Coins Revolve around Bitcoin Huh

TeLlMeFrY

member

Activity: 392

Merit: 10

Spanish Translator

Currently you are right about the big problems of Bitcoin. They are useless if the high fees continue existing. However I think that they will do something to fix the problem soon, so the bitcoin is not dead.

ferrybitcoin.1996

full member

Activity: 294

Merit: 119

For Bounty Hunters, Don't Cheat or You DIE!!

It means BTC just works for your long investment, and not effective for Daily activities. Maybe Ethereum or Other Altcoins will be the answer. Especially Ethereum, it will be another challenge for their network.

ansh_848

member

Activity: 182

Merit: 19

If bitcoin would be banned than this will make a huge loss to individual after that there would be a negative affect on the people because they trusted bitcoin. In future bitcoin price may decrease than other currency price rise than people take interest in other coins.

yudhistira

full member

Activity: 347

Merit: 100

Yep you are so right! At this stage, BTC is good only for a trading investment and nothing else.
Nothing good is expected by the BTC at such fees.

Doctor.Strange

sr. member

Activity: 728

Merit: 250

Go Big or Go Home

Quote from: weborsha on January 08, 2018, 11:31:00 AM

btc is more like a long term deposit. due to the fact that it is really hard and costy to mine it, it will become more and more expensive. it is better to use other cryptos to make online payments.

Yes and Btc is better retire now, there are more potential coins in the market for usage of payments.

weborsha

member

Activity: 560

Merit: 11

btc is more like a long term deposit. due to the fact that it is really hard and costy to mine it, it will become more and more expensive. it is better to use other cryptos to make online payments.

Topic: Dark Future of Bitcoin - page 2. (Read 402 times)