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Author Topic: Bitcoin is useless so why high price?  (Read 4588 times)
Rajatkatyal
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September 29, 2018, 03:55:51 PM
 #761

Bitcoin is the first ever cryptocurrency that is very well known by normal peoples.and it is not wrong to said that Bitcoin is the real king of crypto market.
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September 29, 2018, 04:01:58 PM
 #762

I keep thinking the same way. Currently I don't hold bitcoin due to high transaction fee and slow speed.
it seems to me that ethereum is more potential.

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September 29, 2018, 04:38:33 PM
 #763

Do you have a death wish? When people don't use Bitcoin then the whole crypto eco will fall too.
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September 29, 2018, 04:45:05 PM
 #764

Bitcoin prices remain high because of the potential and Blockchain technology that supports Bitcoin. Blockchain technology promises with high potential and is proven to be successful on a small scale. Despite the time and cost transaction are slow and expensive, many people around the world still believe that Bitcoin has meaning. Bitcoin's scarcity also contributes to its value.
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September 30, 2018, 01:53:37 PM
 #765

Yes, perhaps Bitcoin is not the fastest network, perhaps Bitcoin is not the cheapest in transactions, but Bitcoin has many other advantages. Bitcoin is the king of the market and it will always remain for them, at the moment all investors are trying to buy Bitcoin.
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September 30, 2018, 02:17:20 PM
 #766

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.
It seems to you that the transaction is very expensive? In my opinion, the West Union takes the minimum amount for transferring money to the other end of the world at a rate of 1%, which is much more than 28 pounds sterling from the transfer of 130 bitcoins.
Considering how new and unreliable Bitcoin is it would be normal to be skeptical about it, that's a lot to send as a payment.

 
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September 30, 2018, 02:28:26 PM
 #767

Yes, perhaps Bitcoin is not the fastest network, perhaps Bitcoin is not the cheapest in transactions, but Bitcoin has many other advantages. Bitcoin is the king of the market and it will always remain for them, at the moment all investors are trying to buy Bitcoin.
If market will exploded high price we can gain good profits ,it's not all about in a future but this time it focuses how to earn money with crypto .We can transfer our fund in bank if bitcoin is useless ,the point is to invest with crypto and due to it's uncontrolled market it get good moneys.
How Bitcoin become a useless if many people are still interested and its grow even more. Even Bitcoin is not that have cheaper fee and other crypto have many advantages to it, I think Bitcoin will remain best to all because if Bitcoin not created then other cryptocurrency will never exist. Also Bitcoin have higher value because its limited only and the demand is rising that's why its so expensive to buy but its really profitable.

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madoka
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October 02, 2018, 08:01:56 AM
 #768

why it's pointless, envision the world without bitcoin?. Are you done?!, now in any case you wouldn't be here notwithstanding that thing you called futile. The straightforwardness of bitcoin is the motivation behind why it is as yet the main coin. Starting at now numerous individuals and enormous divisions truly welcome the way how bitcoin functions, which is to cut off middle people for cash exchange and reduce the expense. Quick cash exchange everywhere throughout the globe without endorsement of any. To call it futile I figure somethings amiss with the manner in which how you comprehend cryptos.
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October 08, 2018, 01:55:46 PM
 #769

Yes, perhaps Bitcoin is not the fastest network, perhaps Bitcoin is not the cheapest in transactions, but Bitcoin has many other advantages. Bitcoin is the king of the market and it will always remain for them, at the moment all investors are trying to buy Bitcoin.
If market will exploded high price we can gain good profits ,it's not all about in a future but this time it focuses how to earn money with crypto .We can transfer our fund in bank if bitcoin is useless ,the point is to invest with crypto and due to it's uncontrolled market it get good moneys.

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October 08, 2018, 02:12:13 PM
 #770

If we speak in smart language, then in fact bitcoin has no price. It costs as much as people are willing to pay for it. Its value is determined by the market. And the market is people who are ready to buy and sell it at such prices
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October 10, 2018, 04:59:11 AM
 #771

Yes, perhaps Bitcoin is not the fastest network, perhaps Bitcoin is not the cheapest in transactions, but Bitcoin has many other advantages. Bitcoin is the king of the market and it will always remain for them, at the moment all investors are trying to buy Bitcoin.
If market will exploded high price we can gain good profits ,it's not all about in a future but this time it focuses how to earn money with crypto .We can transfer our fund in bank if bitcoin is useless ,the point is to invest with crypto and due to it's uncontrolled market it get good moneys.
How Bitcoin become a useless if many people are still interested and its grow even more. Even Bitcoin is not that have cheaper fee and other crypto have many advantages to it, I think Bitcoin will remain best to all because if Bitcoin not created then other cryptocurrency will never exist. Also Bitcoin have higher value because its limited only and the demand is rising that's why its so expensive to buy but its really profitable.
with more and more using Bitcoin will be more nice to support development of the Bitcoin is present, the number of advances that occur make much power to make the price of the Bitcoin became so high and benefit by having more Bitcoin and back it up.

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October 11, 2018, 12:37:49 PM
 #772

If we speak in smart language, then in fact bitcoin has no price. It costs as much as people are willing to pay for it. Its value is determined by the market. And the market is people who are ready to buy and sell it at such prices
You speak correctly. Each product has its own buyer. Set the price you want ... put at least now the order-sale for 30,000 in time the transaction will come true ...
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October 11, 2018, 12:43:56 PM
 #773

It is very strange to receive such questions, especially when BTC has been around for so long, because today people are mostly just beginning to understand what BTC is and what the blockchain is, probably today such questions arise.
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October 11, 2018, 01:08:08 PM
 #774

Had Bitcoin been useless, its price would not have been so high; technologically, Bitcoin lacks very little to do without all the existing altcoins.

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October 11, 2018, 01:24:17 PM
 #775

I am sure that the development team this problem is in the first place and they will solve it. So you just have to wait they are not stupid people.
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October 11, 2018, 01:25:17 PM
 #776

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 don't invest on bitcoin. I agree bitcoin is useless, their only can be used for payment. But many people familiarize on bitcoin, they have more trusted investment on bitcoin.
If you want a crypto usefull for this world, you have to look on ICO, ICO has many usefull for this world for example Bobs Repair, etc

]
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October 11, 2018, 01:27:41 PM
 #777

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 network fee only goes up when the volume of transactions go up and that is norma with anything. With more demand comes scarcity which means that there is going to be   harder time with using the coins. Bitcoin is far from useless and it is the coin that makes it possible that we have all of this industry which we can invest in right now.

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October 11, 2018, 01:30:42 PM
 #778

Bitcoin is the first ever created crypto currency. Bitcoin is also the most trusted and the most popular coin in the world. Practically BTC is useless but it is more like a symbol of all currencies. I believe that one day, BTC will be replaced by more perspective altcoins.
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October 11, 2018, 01:35:36 PM
 #779

The fact that the transaction is slow it does not mean that it will always be ! Bitcoin developers take care of this problem at the expense of the soft fork !

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October 11, 2018, 01:39:25 PM
 #780

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.
for the problem solution about network fee is so high, now Bitcoin Blockchain implemented Lighting Network in Blockchain, this software can make transaction faster than before and fee low, but not 100% working on Blockchain Network for now

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