Bitcoin is garbage.

[Skieleton]

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.  

No sense. Payment higher than the transaction. It's just thievery. It was not like that before. Fees depend on the amount of cash sent ...

[udivkx]

Now this issue is regulated by all means, as the bitcoin Commission left much to be desired. However, the new Lightning Network technology has reduced the size of the commission.

Yeah, I heard about that technology, too. And I agree that it has allowed bitcoin to gain a foothold as a means of payment.

[Whiteconjuror]

The general director of Mastercard Ajay Banga spoke extremely negatively about the crypto-currency, calling it "garbage".

Digital currencies are a direct competitor of a company like Mastercard. Therefore it is not surprising that when the CEO of Mastercard was asked to express his opinion on the crypto currency, he demonstrated an extremely negative attitude.

[Addywealth]

Bitcoin is faced with serious opposition and prone to crime today because its seriously thriving in the CryptoFortune currency world. Many people now use it for ponzi scheme and crimes. Nevertheless, we have altcoins that could actually serve as alternative. Bitcoin is not complete without alt coin.

[Sean25pogi]

No, the bitcoin is not a garbage because the bitcoin helps lot of people. They are not dump in our society because they help lots of people to change their life and become a successful person.

[RawDog]

Bitcoin is faced with serious opposition and prone to crime today because its seriously thriving in the CryptoFortune currency world. Many people now use it for ponzi scheme and crimes. Nevertheless, we have altcoins that could actually serve as alternative. Bitcoin is not complete without alt coin.

All that is true - and the fees are high.  Even though everyone quit using Bitcoin and it is dying, the fees are low today.  But if anyone starts using it again, high fees MUST return.  Fees are low because no transactions - not because SegWit is doing something good.  Transactions are at all time low because people quit using Bitcoin and started with things like Bitcoin Cash which works with low fees no matter how many transactions.

[Wish 107.5]

No, the bitcoin is not a garbage because the bitcoin helps lot of people. They are not dump in our society because they help lots of people to change their life and become a successful person.

Bitcoin is not a garbage, it is actually a hope to everyone especially for those people who do not have a permanent work or for those people who are unemployed.

[MadelynCohen]

Dude just think if bitcoins is garbage or there s no future of a bitcoin then why multi national companies are accepting payments in bitcoins

[drew314]

How can you say bitcoin is garbage? For me bitcoin is so useful, many people are using bitcoins now because they what its worth. Someday bitcoins will be accepted in many convenience stores, shops worldwide. If that happens, we can easily purchase anything whatever we want. And because of bitcoins, many peoples lives has changed and their financial problems are solved.

[shuvo999]

No, the bitcoin is not a garbage because the bitcoin helps lot of people. They are not dump in our society because they help lots of people to change their life and become a successful person.

Bitcoin is not a garbage, it is actually a hope to everyone especially for those people who do not have a permanent work or for those people who are unemployed.

This is so rude to label bitcoin as garbage when we all know that it is not the reality at all. Bitcoin has saved many people from living a life of frustration and poverty. Numerous unemployed people started earning and supporting their families because of bitcoin.

[NA boom]

Bitcoin is not garbage. Bitcoin is high priced. But now Bitcoin is competing with other currencies, including ETH. That's why Bitcoin's price is somewhat stable. Maybe there is some work going on to restore Bitcoin back to its earlier state. I hope the bitcoin will quickly get to the previous position after passing through all the obstacles.

[lantan81383628]

Bitcoin is now more invested.

Some people think that bitcoin will have a tragic ending, I can't predict the future, but now bitcoin is still very popular, and many people recognize and invest in bitcoin.

[imstillthebest]

How can you say bitcoin is garbage? For me bitcoin is so useful, many people are using bitcoins now because they what its worth. Someday bitcoins will be accepted in many convenience stores, shops worldwide. If that happens, we can easily purchase anything whatever we want. And because of bitcoins, many peoples lives has changed and their financial problems are solved.

agree , that is why bitcoin is not garbage but the person who create this thread is the real one. i guess this is just another fud in order to take down bitcoin so that the person behind this can posibly buy bitcoin at a cheaper cost if ever the value of bitcoin will be affected to this fud.  another factor  is that the person behind this is just butthurt and noob , to think that bitcoin is a scam or maybe he invest in some other coins . That is why he is anti bitcoin.

[mayax]

http://business.financialpost.com/diane-francis/bitcoins-and-other-cryptocurrencies-are-like-the-bre-x-stock-they-will-leave-investor-hopes-in-tatters

[First77]

Bitcoin failed as a payment system, getting taxed, will get stricter regulations because of its decentralization and anonymity launch.

Wells Fargo CEO is calling Bitcoin as a Scam/Ponzi for investments.

[monkeydominicorobin]

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.  

In mining fees. Your complaining about mining fees. It just shows how shallow you are not knowing the importance of mining fees.

[handsomes]

you are stupid bitcoin isn't garbage maybe you because the bitcoin is very important now a days or in the future It is worth the value of a bitcoin you can get rich with just a bitcoin.

[thenameisjay]

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.  

To be frank, this is the things that weakens bitcoins as a whole. With tremendous transfer fees and waste of time transaction rate, it's better if we use traditional moneu or fiat money to transact rather than bitcoins. I hope the community does something to alleviate this problem.

[GalaxyWorld]

bitcoin is rubbish this sounds funny. According to you, the billionaire they are smart? Why are they still investing in something called waste? But what you call garbage has made so many people rich, and I do. So I refuted the idea above.

[Aura]

The fees were high because some idiots were spamming the network. But that seems to be solved, looking at the current fee of about 10 cents. So, what's your opinion about Bitcoin now?