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Author Topic: Bitcoin is useless so why high price?  (Read 4588 times)
Niam_bakri
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September 20, 2018, 08:02:43 AM
 #681

oh .. I want to laugh, why are there people who have the same thoughts as me. because in my country BTC cannot be used in everyday life, this means that BTC is useless. but because this is included in the investment so the price is expensive 😁
we don't know for sure why this can happen, bitcoin did not have value, until it's time for everyone to hunt for bitcoin, and want to have it because the price is very high. when bitcoin has a function and is useful in the future I think the price can be more expensive than now.
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September 20, 2018, 08:04:20 AM
 #682

You can understand this without knowing Bitcoin. At present, Bitcoin can be used as a payment method in many places, such as buying a TV set. This is its value!

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crazybtrade
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September 20, 2018, 08:05:39 AM
 #683

And actually who told that the bitcoin is useless? It is the very first cryptocurrency. It is clear that there are already more developed coins, but the bitcoin is an icon in the world of cryptocurrency. And he completely copes with this function.

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Panteleymon
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September 20, 2018, 08:11:06 AM
 #684

My personal opinion is that bitcoin is inertially driven by other technologies on which it was based. He can be old, yield in comfort and speed, but since he stood at the sources, his movement is conditioned by the movement of the crypto-currency sphere itself.
Of course, this is only a rough idea of this. It may not coincide with reality. Maybe a banal "demand-supply"
childish
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September 20, 2018, 08:12:22 AM
 #685

Bitcoin is very slow transaction and fee is rediculus then why people bother buying it or considering it. I have £130 of bitcoin and I want to move it and it is asking for £28 network fee. Why should people bother having it. I can't wait to get rid of it when the fee is low.

Bitcoin fees is really high, but I don't agree that this is useless because I believe in the future of every cryptocurrency and bitcoin is one of them. If you really think bitcoin is nothing then stop holding on it. Bitcoin will be better in 2018 and people who sold it on panic will surely buy back.
more and more are using Bitcoin. would further help to enhance the development of the Bitcoin.
In addition to supporting the progress of the Bitcoin with use it will be helpful for his future as well.
with more and more are using Bitcoin will be very capable to support its development into a major valuable coins and generate more profit making price continue to rise.

hariini
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September 20, 2018, 08:18:36 AM
 #686

but even though like that when seen from crypto development, most altcoins now price depend on the price of bitcoin, and if bitcoin dies then there is the possibility that there will also be many altcoins that die.
thuthanh
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September 20, 2018, 08:23:59 AM
 #687

Bitcoin is never useless because if useless Bitcoin can not make money and dollars. Bitcoin has contributed to the development of the currency and is now the modern technology Blockchain applied to life. In my opinion Bitcoin is a treasure trove of humanity of this century and it feels Satoshi Nakamoto created Bitcoin.
Jekbolt
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September 20, 2018, 08:28:13 AM
 #688

Bitcoin is very slow transaction and fee is rediculus then why people bother buying it or considering it. I have £130 of bitcoin and I want to move it and it is asking for £28 network fee. Why should people bother having it. I can't wait to get rid of it when the fee is low.

The man who had got 2 pizzas (cost around 40 USD) in 2010 for 10,000 BTC was also thinking that bitcoin is useless-)
 Now he could get the big fortune $60 000 000 instead of 2 pizzas. Don't make the same mistake.
Z_Max
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September 20, 2018, 08:28:33 AM
 #689

Because bitcoin is more likely that he will shoot and very high immediately. Many just schla laziness can become a millionaire if bitcoin jumps well.
longergou
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September 20, 2018, 08:36:08 AM
 #690

Maybe Bitcoin transfer rate is really slow, and it's really not suitable for large circulation and small transactions. But its value is not here, it should be the general equivalent, and this is the best.

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Magic Sarap
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September 20, 2018, 08:36:47 AM
 #691

The reason is that bitcoin is the first crypto money in the world and the total bitcoin supply is very small. And i think bitcoin not useless. Yes, the transaction speed is unfortunately slow compared to the new coins, but it is not very accurate to only evaluate the bitcoin from the speed of the transaction.
Carefull with your words bro, i think you didnt experienced yet the opportunity and money that can bitcoin give. If you just started today in investing in bitcoin you should understand that 2018 is not the year of bitcoin,.maybe next year of next next year.

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bitcoinvestor
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September 20, 2018, 08:39:57 AM
 #692

Bitcoin is very slow transaction and fee is rediculus then why people bother buying it or considering it. I have £130 of bitcoin and I want to move it and it is asking for £28 network fee. Why should people bother having it. I can't wait to get rid of it when the fee is low.
Where do you store your bitcoin with such fees? I used blockchain.info not to high fee. I think you should not use bitcoin from exchanger walllet , the fee is charged not from network but from the exchanger itself. Bitcoin fee is now low. It is about 0.0001 per transaction. You should send via doge from exchanger wallet so the fee is low.
Magiklair
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September 20, 2018, 08:49:28 AM
 #693

I think that most people would disagree with the statement that btc is useless. The spheres of its use are expanding gradually and soon it will be used as the currency in many areas. Now, you can even place a deposit in casino online using btc
tyronecoinbit
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September 20, 2018, 09:22:15 AM
 #694

I think that most people would disagree with the statement that btc is useless. The spheres of its use are expanding gradually and soon it will be used as the currency in many areas. Now, you can even place a deposit in casino online using btc

Yeah, I dont really think about this thing. Bitcoin itself is indeed good for long term period of Investment and for those who discourage by holding it because of the certain reason. They will regret in the last, since we knew bitcoin that always something has surprise in the near of the year, I mean the bull run market will occur, with all of a sudden.
Boss95rnd
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September 20, 2018, 09:31:50 AM
 #695

Bitcoin is not the best crypto currency on the market, but it is a symbol. BTC was the first and remains the first and most trusted currency at the moment. Technically, there are a lot of coins, that are much better and faster, but for a few years, BTC will remain the NR 1 crypto, I think.

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September 20, 2018, 12:36:55 PM
 #696

Now people don't use as a tool for transferring money. It is used as a asset. But demand for bitcoin is not reducing. Bitcoin is the leader of crypto market.I think price on bitcoin will increase more.
KarinaMix
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September 20, 2018, 01:04:57 PM
 #697

bitcoin is still safe and reliable, so I will not agree with you that this coin is useless, it is valued and appreciated, besides, it works at a high level.
fipper
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September 20, 2018, 01:11:47 PM
 #698

Bitcoin is very slow transaction and fee is rediculus then why people bother buying it or considering it. I have £130 of bitcoin and I want to move it and it is asking for £28 network fee. Why should people bother having it. I can't wait to get rid of it when the fee is low.
I feel the right of someone with confidence and patience and investors who still survive with confidence and patience and they will continue to invest in cryptocurrencies.
Xeon
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September 20, 2018, 01:34:08 PM
 #699

I don't think that btc is useless because you can pay with the help of btc in many spheres, it is going to become widespread with time and its price will rise in the nearest future
danglinhdan18
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September 20, 2018, 01:37:14 PM
 #700

The price is so high because bitcoin is the leading crypto in the world and the people trust it most and that’s why they are putting their savings in bitcoin for earning more and more money. People are interesting in bitcoin and they want their friends and relatives to buy bitcoin for getting rich so it is also a way of bitcoin popularity and high investment ratio has given bitcoin the top position in the market.
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