Bitcoin is garbage.

[mlkvch]

Agree with the author. Bitcoin was cool when it was the first cryptocurrency. Now, it has no any advantage it was created for: transactions are slow, fees are high, no micropayments - one satoshi is approximately one kopeyka (1/100 from russian ruble).

[simonbakla02]

Lol you're a legendary member, supposedly you noticed the happenings in bitcoin and still you you can't still find the beauty in bitcoin.

[kalawang]

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.  

Maybe to those people  who does not  believe about it think it is garbage. They don't really know how this bitcoin makes life of the people  change. Specially how it gives earnings and daily expenses to them. In some saying it makes garbage because some of the people don't know it

[turagsoy123456]

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.  

Why thier are still many people saying bitcoin is a garbage.they forget the importance of the bitcoin in thier life. They earn  more money and bitcoin change thier life. From poor to riches. So for me bitcoin is not garbage.its a source of income that we have now. So we are very lucky for this that we all know the importance of bitcoin and
now we are gaining more money.

[GREATLOVE]

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.  

Why thier are still many people saying bitcoin is a garbage.they forget the importance of the bitcoin in thier life. They earn  more money and bitcoin change thier life. From poor to riches. So for me bitcoin is not garbage.its a source of income that we have now. So we are very thankfull that we all know the importance of bitcoin..

How come that their are some people giving such comments like this "Bitcoin is garbage". I think those people not relly become careful I think they involved with phishing sites they they blame it to btc.

[RawDog]

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.

Lightning is a scam.  Won't be ready for another two years.  Don't kid yourself.  Bitcoin Cash is the only way from here.

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

Yep - but you can buy Bitcoin Cash, the real Bitcoin for a huge discount.  Soon, it will be the dominant network.  Just as soon as everyone finds out it is the original bitcoin anyway.  Then its price will go to $20000 and the broken one will fall like rocks.  The last one to switch loses the most money.  The first one to switch earns the most money.

Simple facts.

[vv181]

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.

Lightning is a scam.  Won't be ready for another two years.  Don't kid yourself.  Bitcoin Cash is the only way from here.

It's successfully tested on the testnet. I believe it will be ready soon. But in case the lighting network is failing and took too long time, I guess the 'flippening' will happen. Which is the worst case scenario. I'm sure Bitcoin can still make an improvement if we consider Bitcoin is still at early age, and start to gain a momentum at the late of 2017.

[BTC-Graphicdesigns]

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.  

Did you sell all your BTC before the ride to the moon?

[CryptoChanel]

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.  

He is very lucky if he can pay only $13.46 in fees. I have been forced to pay even double so much if I wanted to be sure that the Bitcoin arrives at destination before I become old.

[podrick17]

that's the unfortunate truth about bitcoin these days but for saying a garbage i think that is a bit too harsh, don't forget that bitcoin started this industry/market and without its creation we might not experience the fortune this cryptocurrency gave to use. I'm hoping someday this expensive transaction cost will be solve soon, so sad many people already complaining bout this and i think it hardly affects the price of bitcoin.

[RawDog]

It's successfully tested on the testnet. I believe it will be ready soon. But in case the lighting network is failing and took too long time, I guess the 'flippening' will happen. Which is the worst case scenario. I'm sure Bitcoin can still make an improvement if we consider Bitcoin is still at early age, and start to gain a momentum at the late of 2017.

You probably believe in unicorns too.  Unfortunately, that doesn't make them come true any sooner.  lightning is a scam.  The early release is only to create positive PR because everyone was losing confidence.  Lightning is about 2% ready for prime time use.  Forgetaboutit.

I'm hoping someday this expensive transaction cost will be solve soon

It was solved soon: It is called 'Bitcoin Cash'.  It was solved by Satoshi himself.  Bitcoin Cash is original Bitcoin without the bullshit of SegWit and without the bullshit of Lightning.  

[Bodiul1975]

Monkey money is not available to the saints but it is not a boon to all people. Money is the main cashback of the person's life, as the oil without the car, or the bitcoin, the world is stagnant.

[Alpha0One1]

If you look at the transfer fee from bitcoin % perspective, a transfer of funds from an exchange to any bitcoin wallet would only cost 0.002 btc or 0.2%.
0.2% transfer fee is cheap.

But change 0.002 btc to it's dollar value = around $24 at this time. That indeed is pricey and changes anyone's perspective.

[Spoetnik]

First comment and pretty much every one of them since here says..

ALTCOINS !

..you're fucking idiots.  

What happens when all of the users of Bitcoin move over to say Litecoin ?
And would they ?

Know why BTC forks don't work ?
Greed.
Everyone simply dumped their Bitcoin cash.
It's about incentive
It's about what's in it for me ?

How many fucking times do i tell you all you are greedy non-supporters?
When the fork in the road comes to support 1 coin or profit off another the choice is always predictable.
8 years and nothing has changed.

And why would it ?
You all are happy as a pig in shit with BTC being used as a pointless hyped "commodity" failed currency.

Crypto = Stupid, greedy and deceitful profiteer investards.

[empefaif]

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.  

LUL, why he doesn't choose ETH instead of making the tip via BTC. What a dump guy! You can't blame him cause of his stupidity , it's not a sin .

[Genosx]

Perfectly no! It's paperless so it doesn't create much garbage. But kidding aside, bitcoin is an investment not a garbage or a job.
Be wise about investments so you won't regret any single cents of it; in investment it will guide to you to become successful in future.

[RawDog]

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.  

LUL, why he doesn't choose ETH instead of making the tip via BTC. What a dump guy! You can't blame him cause of his stupidity , it's not a sin .

Its not just a sin, it is also a crime.  He should be jailed for being so stupid.  At least 3 years.  No parole.

[haxker007]

BTC isn't a garbage however it is favoring from God and fortune that stores from your splendid future. BTC assumes a major part in the general public which they help to change the life of each person. Setting up a sort out society is likewise their objective and I don't see anything waste from them by any means.

[Sky5678]

Going by the popularity bitcoin is gaining every single day and its acceptance worldwide and also the increase in its price every single day it's no wonder that bitcoin will be the only money in the future used extensively especially on the internet

[dinofelis]

How can we be expected to invest in this stupidity?

Bitcoin is not money, it is a greater fool token.  You "invest" in it, and that's a rational decision, as long as you have rational arguments to believe there will be greater fools with slightly less rational arguments that will pay more for it than you did.

And look, it worked out already marvellously 3 times in a row: in 2011, in 2013 and in 2017.  Each time, a new army of greater fools is rushing in, to spend their hard-earned money on tokens sold to them by the previous greater fools (except those smart asses that were there in 2010).  As such, they give their hard earned money to pay the gains of their predecessors (that's the "fool" part).   But if they are smart, they  can wait for another army of dudes to rush in, to pay THEM their gains.  (that's the "greater" parts).  Hell, those that were the fools in 2011, were the smart guys selling in 2013.  And the greater fools of 2013, were the smart guys selling last year, to the even greater fools (mostly Koreans I think ; let's call them that way).   But maybe these "Koreans" will be the smart guys selling to the (last?) army of greatest fools, I don't know, in 2021 or so.  And then it's over, because there aren't any more on earth.  Maybe we can sell to the inhabitants of Sirius then.  Or maybe it's over already, and the greatest fools were the "Koreans".  These games end always when they run out of greater fools, but there's still  3/4 of a planet to take.

This was seen from the beginning, in February 2010  https://bitcointalk.org/index.php?topic=57.msg390#msg390

Fool: you pay for the benefits of others

Rational: you'll find a greater fool, paying you a lot of benefits.