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Author Topic: Bitcoin is garbage.  (Read 4600 times)
tuskacz
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January 19, 2018, 09:52:19 PM
 #261


How can we be expected to invest in this stupidity?

Here is a guy trying to give Andreas a tip of $1.50.  To do that, he paid $13.46 in fees.  Does that seem like a sensible payment system?  Not.  It is garbage.  SegWit didn't help with anything.  

https://i.imgur.com/DDMQjOw.jpg

Yes I agree with you RawDog that currently bitcoin is garbage. In btc protocol it should be enforced that fee cannot exceed to-be-transferred funds.  If I want to pay for a coffee $5 with btc I DO NOT agree to pay $10 fee. If that doesn't change people will choose altcoins with near zero fees.
BADecker
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January 19, 2018, 09:53:40 PM
 #262

Does PeerCoin (PPcoin) have fees?    Cool

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Bugatti73
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January 19, 2018, 09:58:34 PM
 #263

I dont think so becouse if it falls than all altkoins grows up, and thats interesting and can help us to trade!
thend1949
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January 19, 2018, 10:22:55 PM
 #264

ETH has also been quite good for me.    
How can bitcoin be a garbage if many people are still using it and through this, many people can provide their financial needs. Just like what they always say that the mans garbage will turn to gold, so it means bitcoin is a garbage because it is our gold. Our gold that helps many people for everything. Helps people to provide their daily needs and some of our desires.
Ilaybit
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January 19, 2018, 10:26:14 PM
 #265

Crypto will overcome these things or they just simply die. Bitcoin can make a big improvements.
I'm waiting to see that lightning network first.
Anti-Cen
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High fees = low BTC price


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January 19, 2018, 11:16:12 PM
 #266

We all know that the fee are so high, but we are still using bitcoin as a payment

I don't think we are using it for payments and it's more of a gambling chip except no one dare deposit
BTC at on-line casinos because their fun money has gone before they get to play.

Lets face it Bitcoin is useless as a currency and the development team is owned by the miners
and keeps coming up with excuses to rip us off. Segwit wallets is hardly cheaper and all the
dev teasm needs to add to Bitcoin core is the line of code shown below if they were too stupid
to add it in the first place.

public static money MaxFee=150 // The rich can wait in the bus queue and take turns like the rest of us sheeple

Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
Rahman11
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January 19, 2018, 11:38:16 PM
 #267

I think the fee of bitcoin transactions is pretty so high! if developers can settle lower transaction for lower fee then bitcoin stay fair conditions.
Black Angel
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January 19, 2018, 11:47:05 PM
 #268

I think the thing is because they do not like bitcoin, as we know that cryptocurrency and bitcoin are the greatest threats of the established system of morality that makes people hate bitcoin and say bitcoin is garbage.
Based Stickman
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January 20, 2018, 12:38:15 AM
 #269

Bitcoin is a store of value

How can we be expected to invest in this stupidity?

Here is a guy trying to give Andreas a tip of $1.50.  To do that, he paid $13.46 in fees.  Does that seem like a sensible payment system?  Not.  It is garbage.  SegWit didn't help with anything.  

https://i.imgur.com/DDMQjOw.jpg
Bugatti73
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January 20, 2018, 07:39:50 AM
 #270

ETH has also been quite good for me.    
How can bitcoin be a garbage if many people are still using it and through this, many people can provide their financial needs. Just like what they always say that the mans garbage will turn to gold, so it means bitcoin is a garbage because it is our gold. Our gold that helps many people for everything. Helps people to provide their daily needs and some of our desires.
I think ETH has more perspectives than bitcoin at that monent!
Morjana17
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January 20, 2018, 07:49:34 AM
 #271

That's where altcoins are useful. When bitcoin's value are so high that giving a tip is such a waste you can use altcoins. Bitcoin is not the only cryptocurrency. And bitcoin will not be on top if there's none on its bottom.

If you are taking about garbage it means it is useless. But some are recyclable. Bitcoin is not a garbage, it is one source of funds for all. I wanted to recommend to somebody that register in bitcoin because it is a big help to all. You can save a money on it. Many people expect too much in bitcoin because it is a good investment at all. Because of bitcoin, they raise the level of their livings.

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9jaflick
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January 20, 2018, 09:33:46 AM
 #272

How can we be expected to invest in this stupidity?

Here is a guy trying to give Andreas a tip of $1.50.  To do that, he paid $13.46 in fees.  Does that seem like a sensible payment system?  Not.  It is garbage.  SegWit didn't help with anything.  


the real facts is that,  bitcoin has failed big time.  The transaction fee made everything worse.
Imagine you sending $1.5 to a friend  and you  are been charged $13 fee what do you call this?
The system is a mess
Rollesto
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January 20, 2018, 10:09:26 AM
 #273

I strongly disagree when we talk about bitcoin as a garbage because if they just have an idea of how it helps those people using it , I am pretty sure that they will get interested about it and they will find ways how to be engaged with this so that they can acquire or avail all the good things and benefits it can give .
cloudbleron18
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January 20, 2018, 10:19:41 AM
 #274

How can we be expected to invest in this stupidity?

Here is a guy trying to give Andreas a tip of $1.50.  To do that, he paid $13.46 in fees.  Does that seem like a sensible payment system?  Not.  It is garbage.  SegWit didn't help with anything.  


How other people says that bittcoin is garbage?For me it's not because this is the way I've only known how to earn money so that I probably support the needs of my family.maybe to others it is garbage but in my own opinion,no!

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Argoo
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January 20, 2018, 10:22:58 AM
 #275

Bitcoin is going through hard times now. Now it really is not in the best shape and does not fully perform its main function of the payment facility. But let's hope that everything changes soon. Bitcoin developers are still deciding what is best to use for bitcoin to eliminate its shortcomings. Although, to be honest, it has long been possible to do so. I'm still inclined to think that it would be better to introduce a network of lightning.

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Bugatti73
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January 20, 2018, 10:37:33 AM
 #276

I agree with you about it, the system is loss its positions....
rampage101
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January 20, 2018, 12:11:26 PM
 #277

While bitcoin is not ready to make small purchases with it. But over time, these inconveniences should be adjusted. In the meantime, it is worthwhile using bitcoin as an investment, in long term or for a short period.

guschin
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January 20, 2018, 01:52:06 PM
 #278

This is certainly a big limitation of Bitcoin, transfer fees has increased considerably over the years.
Dilhara642
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January 20, 2018, 02:00:55 PM
 #279

i strongly disagree about the saying.because only few people saying like that.most of the people who are engaging with the market never say like that.bitcoins are now most popular currency in the world.most of the transactions are done using bitcoins,then how it will become a garbage.
Riddikulo
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January 21, 2018, 12:39:48 PM
 #280

A lot of people who have been earning really good (!) money on Bitcoin will never agree with your strange statement. Of course, to get profit from BTC you must consider all the facts – have enough information about crypto market, know the rates statistics well, use good exchangers, etc.
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