Bitcoin is useless so why high price?

[1cak]

actually the benefits of bitcoin are very unique, and many investors fall in love with them, they see that bitcoin is the answer to future problems

[Zythiphill]

Fees are of course high, but bitcoin plays a key role in the cryptocurrency without it there would be no cryptocurrency, so bitcoin will be in the lead for a long time!

[Exort23]

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 is not useless... because he is the king of cryptocurrency, Yes! you can blame bitcoin because it was so stable and not having a big pump. Having a slow transactions, and big fees.. I figure it out when i buy bitcoin, so i think they will reduce the fee to bitcoin and also in the marketplace fee transactions.

[segotiwul]

bitcoin is not useless but bitcoin coin is now a step and rarely its users and coins have a high value because this coin is first known and has a good project so the selling price remains high.

[Inspiron14]

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.

People's mindset is different, many buy bitcoin as a long-term investment. Most of them were tempted by the increase in prices last year. But again the bitcoin price movement is unpredictable, and I also appreciate those who sell it cheap because they are tired of waiting too long.

[desticy]

Bitcoin can become a universal currency if the project manages to improve technically, ideally, an instant transaction confirmation speed is needed, otherwise its price in the market will not grow as fast as we would like.

[Dingdong7]

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 is widely used as a major trading pair, most alternative coin follows the track bitcoin is going. It is one of the best established coin that gain tremendous demand in the market, bitcoin might have some flaws but we could not deny that it is still more better to use since it is more secure and stable than any other new release coins. Bitcoin has great community compared to other altcoin, this only mean that it has it's use.

[d3nz]

Even though the fee is high, Bitcoin is very known worldwide and a lot of people are using it to make a transaction even on black market.

It will not be easy to change the king of cryptocurrency.

[Enzos]

Newcomers should learn more than busy questions. Do you think Bitcoin is useless? Then I can tell you that the cryptocurrency and blockchain were born because of the emergence of Bitcoin. It is ignorant to say that it is useless.

[windfaraday]

Even though the fee is high, Bitcoin is very known worldwide and a lot of people are using it to make a transaction even on black market.

It will not be easy to change the king of cryptocurrency.

You are right dude, i think it is not true to said that btc is useless because eventhough the price of btc still decrease but btc valuable and can be good choice for investation. Nowadays, btc has already known by most of people in the world and some of transaction can used btc as a payment. I think the decreasing price of btc just temporary but few months later btc's price will increase drastically and can give more profits for holders.

[karthcrypt]

Segwit address is cheaper to send bitcoin to and currently,  network fee has gone down significantly.  Bitcoin is helping million around the world to conduct safe business transaction and bridging the market!

[tomboi]

Big mistake if there is a statement stating that bitcoin is useless. Bitcoin is very useful for crypto. Bitcoin is like the spearhead of crypto, without the existence of bitcoin, the development of crypto will not be as big as it is today. Market price movements will be increasingly irregular because all the coins in crypto are only guided by bitcoin. So it's worth it if bitcoin has a price that is so high because bitcoin is also the main icon of crypto.

[ripple]

I do not agree with you that bitcoin is useless just because of the fact that their transaction fees are higher. Because Bitcoin is the first and most popular electronic money nowadays and Bitcoin is more accepting in deals  . Bitcoin is the first electronic money known and everyone knows about bitcoin. because it is king

[kagawawa]

Bitcoin has never been useless.It is useful to us and creates wealth and opportunity for many people whose other currency is slower than it. Its transactional value is high but it is characteristic of Bitcoin and crypto markets.

[Khiceog]

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.

Because of madness about BTC. Everybody wanted to get some BTC and to sell it, while supply was low. When supply and demand equalized, it has failed.

[Kevinatin]

He is not quite useless, Yes, there are problems with the speed of the transaction, it is a fact. Also problems with ETF, stgwit, and ambiguous position of China in the life of BitCoin. But it has almost no relation to its price. Here come the manipulative components.

[pufenduy]

Because BTC was the first crypto currency and is the symbol of all crypto world. If you ask people about what they know about crypto space, they will normally ask that they heard about Bitcoin. Bitcoin is a great currency that should finally grow and move the market towards the green zone.

[yanglei504]

Bitcoin is not useless some of the people in the world use bitcoin to transfer money because it can pass the money fast and safe no need for valid id just need to verify your wallet to be eligitimate for cashout.

[odranoel]

Yes it is dumping market right now, but still BTC is still a huge price as it is so never been BTC useless. We all knew the fluctuation trends of market so do not panic selling for this situation because BTC will surely recover before to end this year alone.

[Blinker123]

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 is not useless man, it is so used by everyone because He is the king of cryptocurrency. I agree to you when it comes to fee bitcoin is useless for me because the fee is so high. I suggest that the marketplace fee and etc will get low also. So that the crypto will be good in the future.