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Author Topic: Are You Discouraged with Bitcoin?  (Read 1679 times)
rose9696
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March 04, 2018, 04:58:40 PM
 #61

That really is a worrying issue. Because bitcoin is growing and its price is increasing. That means the transaction fee will increase more. We have to spend a lot of money to trade, but I think the numbers are reasonable. If you trade large amounts of money through a bank, the transaction fees will be higher and the level of security of your assets will be lower.

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jeldzrey16
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March 04, 2018, 05:05:01 PM
 #62

We should be proud of bitcoin, that occured because of bitcoin popularity. Because tons number of user, bitcoin became the highest cryptocurrency. I am a little bit discourage of those wallet who have a high fee of bitcoins when transferribg it kr withdrawing it.

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March 04, 2018, 05:14:51 PM
 #63

its true bitcoin have some issues.but don't forget bitcoin is just 9-10 years old.and blockchain technology is still in infant age.lot of people  will use bitcoin in future for sure.so the development of blockchain technology,issues you mentioned in the tread will solve little by little.we must wait till then and support bitcoin.i am sure the future of bitcoin is bright

Virtual miner
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March 04, 2018, 05:16:10 PM
 #64

Am I disappointed? Very. I probably sound like a broken record already, but bitcoin is really just crippled right now. Pretty much the only thing that bitcoin is alive right now is just because it's the #1 cryptocurrency and it's the cryptocurrency that gets all the media attention. If bitcoin was a top >10 coin I think bitcoin would be dead already. Sure, lightning network is coming. This will be a huge step especially for merchants to accept BTC, but I don't think this will be enough. Only time will tell, and I'm still definitely hoping for the best.
Lightning network is what i really hope would prove to be a game changing move in the Crypto world. What is the most recent prediction right now is that transaction fees will be reduced to a great extent with the advent of lightning network. But of course it is not guaranteed.

But whatsoever is the situation, I am not dismayed or discouraged with bitcoin. Moreover bitcoin has set its level way too higher as compared to other Crypto currencies, so that makes it one of its kind!!
fatema
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March 11, 2018, 08:37:04 PM
 #65

I'm not discouraged by Bitcoin.I have already noticed that many people are working with interest.Moreover,it's popularity is increasing day by day.And they spend enough time in it.Because,it is as precious as gold,weightless and world wide transferable.
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March 11, 2018, 08:42:29 PM
 #66

Im actually used to tgia kind of feeling. The truth is that I dont have the control over the situation. What I can just do is to.think and hope good things ti happen with bitcoin. I might lose a big thing and its a fact, but one thing is for sure the possibility of the risk is also the possibility of me gaining great profit. I'll just have to wait and see.what bitcoin might really bring. Just do the basic, buy when price is low. Buy as much as you could.
unangsajah
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March 19, 2018, 06:16:12 AM
 #67

Yes it is true, when we buy at an expensive price as if we will benefit from this bitcoin, the price actually went down, if we sell we lose, if we want to get the profit we have to be patient waiting for the bitcoin prices back to normal. although it's sometime when. maybe there's my experience of bitcoin that causes me to be discouraged.
liamnorthcoins
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March 19, 2018, 06:24:25 AM
 #68

On the contrary, I'm proud of Bitcoin's upbeat boarding of the Chicago Board of Trade, which I think would be even better if the blockchain problem could be completely solved.
Same here, bitcoin has oNe's again proven to it's critic how wrong they are when they announce bitcoin's death because of the declining value early this year up last week,  but now that it is rising again alot of new investors are coming to join. Bitcoin's popularity continues to grow and gain more trust no matter how hard the dictractors effort to defame it.
TomUyamot
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March 19, 2018, 06:29:28 AM
 #69

There may be certain factors involving Bitcoin that are a bit discouraging. You have made mention of the high charges asked by several Bitcoin wallets each time withdrawal is being made. There are still others that are equally discouraging. But in terms of my overall perspective of Bitcoin, there is no reason why we should get discouraged. There are setbacks and there are also some disadvantages in using Bitcoin. But we have to understand that Bitcoin is still developing and it is almost doing it against the world.
poniMeXs
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March 19, 2018, 06:43:44 AM
 #70

People are encouraged to be careful of Bitcoin and other virtual currency. Any risk associated with the ownership or use of Bitcoin is borne solely by the owner or user of Bitcoin and virtual currency. Bitcoin in fact im always thankful to bitcoin because bitcoin gave me an oppurtunity to earn a profit because im investing on it. Bitcoin has helped majority of people and for sure most of those people are dont have any problems or anger about bitcoin.
So I want they should fix it up and make sure transaction took less time.  Wink Roll Eyes Roll Eyes
Gavrielle
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March 19, 2018, 02:43:21 PM
 #71

Honestly speaking, I'm not discouraged with Bitcoin and how it plays in the market now. Infact, I am more encouraged to buy more bitcoin as the price drops this moment. I believe will double my investment soon, and surely the price will rise. It's a matter of your emotions,strategy and trust in holding a Bitcoin.
Carlsen
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March 19, 2018, 02:47:41 PM
 #72

When I look at the current size of the mempool, the transaction times and the fees, I am pleased, not discouraged.
At the moment I think the bitcoin system is working as it is supposed to be.
And even the price we see at the moment is something I can really live with.



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Ardi wira
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March 19, 2018, 02:52:49 PM
 #73

yes indeed for now the bitcoin is experiencing to the downturn of decline. but I am always convinced that bitcoin conditions will be as stable as they always are. and for the moment I do not think I chose to be discouraged.
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March 19, 2018, 03:01:15 PM
 #74

When I look at the current size of the mempool, the transaction times and the fees, I am pleased, not discouraged.
At the moment I think the bitcoin system is working as it is supposed to be.
And even the price we see at the moment is something I can really live with.




That is a comment from someone who is here for a long time, like most of the comments from older members who knows a lot where bitcoin was in past and where it is now. New members, and newcomers in crypto generally get scared each time when bitcoin price start to fall, like some disaster, we can see that from their comments and what kind of topics they create.
This topic started from a senior member that is a bit confusing, he is here for a year at least and why don't he compare bitcoin a year ago and now, to not advise him to go deeper in the past and to see bitcoin 3 years ago.
Bitcoin is doing just fine, and this little decline is nothing unusual.

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shezu007
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March 19, 2018, 03:17:31 PM
 #75

Bitcoin is notwithstanding giving fearlessness and would like to those individuals who don't have any normal everyday employment and the were sad, now they are cheerful that they can likewise have a standard existence. In show time even those individuals who don't have any normal everyday employment still they can get a conventional measure of cash from bitcoin. Presently they can likewise satisfy their necessities needs with the assistance of bitcoin. I am certain that bitcoin will keep giving them benefit and will even give them life bolster. I am likewise getting great help from bitcoin, as bitcoin give me some additional salary from which I am satisfy my own particular and additionally my family needs and wishes.
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March 19, 2018, 04:58:34 PM
 #76

Bitcoins are still only accepted by a very small group of online merchants. This makes it unfeasible to completely rely on Bitcoins as a currency. There is also a possibility that governments might force merchants to not use Bitcoins to ensure that users’ transactions can be tracked.
bug.lady
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March 19, 2018, 05:53:44 PM
 #77

Bitcoins are still only accepted by a very small group of online merchants. This makes it unfeasible to completely rely on Bitcoins as a currency. There is also a possibility that governments might force merchants to not use Bitcoins to ensure that users’ transactions can be tracked.
This is very unfortunate, but true. What is even more unfortunate is that there used to be MORE places accepting Bitcoin, both online and real-world places, but they started to disappear and I am afraid it may be a lesson learnt for merchants. In short: they will not return anytime soon.

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March 19, 2018, 05:57:01 PM
 #78

Sometimes I feel why is this coin going down and down. But later on when I see the positivity in the forum I see the no of supporters who always be in favour of btc and make it popular more and more. I am not sad that the market is slipping down but I see an opportunity to get into the market and wait for long moves which will happen.

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deepakg2m
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March 19, 2018, 06:09:53 PM
 #79

this is business so of course when bitcoin price increase they will also increase the fees and they would grab the opportunity to gain more profit. the problem is those that own small amount of bitcoin because it will kill them step by step.
In business everyone want to earn and gain money more and more so when the price will increase then the fee will also be increase but it is not a serious matter to be discouraged. How man can be discourage when he getting/earning a lot from bitcoin business I think he will encourage with huge earning.

Personally I am so glad, encourage and much confident with business because I am seeing bitcoin the most dominant and popular currency in future.
Yes i agree on that I believe that there is no way that i become idscourage  on bitcoin because it really gives  an extra   income and it is really helpful to each and everyone of us.I really want to have  more bitcoin because i believe that it will really rise in the near future.Bitcoin really getting more popular each day because it has really many advantages  bitcoin is a blessings we can really earn a great profit on it without any disadvantages.

I am also in favor of what you people said .Every business is based on how much profit it can make and so is BITCOIN .Therefore if the transaction fees is increased it is not wrong or invalid at all.Hence,BITCOIN has never discouraged me.

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March 19, 2018, 06:15:09 PM
 #80

I will never get tired of spending and investing my time through bitcoin. I honestly want to recommend how grreat bitcoin.is, and it helps my entire family when it comes to preparing for their future. And i will not be discouraged from bitcoin.although price at present is low yet.
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