Bitcoin is useless so why high price?

[Silberman]

If bitcoin was as useless as the OP is suggesting the price will be very low or bitcoin will have no value at all, but the fact it has a high price shows that people do not think bitcoin is useless, a useful thing to remember is that when your beliefs crash with the evidence given to you by the real world 100% of the time you are the one that is mistaken.

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[Bunk67]

always have it in mind that bitcoin is the father of other coin without bitcoin other coin will not exist so the trust people have in bitcoin is so much high compare to other coins.

[BossMacko]

Maybe in your perception its useless but for some of us that was able to change the life because of Bitcoin and like me who is still using Bitcoin til now because there is a website that we can use where we can buy prepaid load, pay bills monthly using Bitcoin. So it is still useful for us for lots of reason.

[sirico]

you just can't say that Its useless, it still become good investment for most of us . Sure it cant be for daily use you know the fees and slow transaction but still, its bitcoin the father of cryptocurrency... it will develop in the future this is just the beginning

[hastag_80]

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 did you get your ideas that bitcoin is a useless?yeah there are times that transaction of bitcoin is slow,but its not the reason that the faults are in bitcoin itself,because bitcoin is only a crypto and those transaction with high fees are  come from the trading change and the block chain market,thats why theres some slow in making a transaction because of so billion of people are doing a transaction and block chain have a traffic,thats why theres a miner who help  to make your transaction fast ,so in return you must pay a high transaction fees.

[liseff3]

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 think you are a pessimistic person in a bitcoin development, people like you are someone more thinking about the negative aspects of a situation than the positive aspects. Because people like you, usually very easily emotional, and easily influenced by things that are negative, such as FUD.
Change your mindset and use logic as a resource to deal with various problems that occur, and keep positive thinking. You have to believe, whatever happens to bitcoin everything will get better and whatever happened it all has its own solution

[svojoe]

I don't agree that bitcoin is useless. Now it is very convenient to use this coin. We can send quick transactions at a low price. I'm fully confident that the technology of blockchain is very useful for many spheres of human life.

[Swenna]

Funny. It is very ironic for the author to say that bitcoin is useless, when he, in fact is using it for transaction and trading purposes. 

In case the author didn't read the whitepaper, the main purpose of bitcoin is a p2p  or peer to peer transaction by means of block chain technology and is decentralised. Moreover, it is not bitcoin, itself, who makes and generates its own value, it is the market, the investors and the people that uses it. The demand for this coin drives its value up, thus, allowing its holders to earn a good value from it since the value of the coin and its price is completely inversely proportional. A simple law of demand and supply concept.

[lehungviet96]

I guess because it is one of the first cryptocurrencies! Moreover many people consider BTC as virtual gold, and they hold a lot of BTC as their assets!

[Russia32]

Who said bitcoin is worthless? Bitcoin is the king of crypto, and bitcoin is the oldest coin in crypto, of course, bitcoin has a very important role to the crypto. Bitcoin is the biggest investment asset that has the highest price, the largest community, and bitcoin is the coin that is able to generate the greatest profit.

[bamb]

Bitcoin is far from the word 'useless' Do you know the volume of daily transaction of bitcoin all around the world! I am not talking of coinmaketcap but real people that use bitcoin to send money to family and friends! International trade is available to large percentage of people because of bitcoin. Bitcoin is very useful!

[Ranillo79]

Because of bitcoin price is high also even a 0.15% fee is big for every crypto user but dont jump in conclusion thay btc is a useless currency. Through bitcoin we can earn profit, a lot of purpose thats how btc is the center of all online crypto coins. How ould you tell bitcoin is useless while you are here and somehow earning some income. You will find out everything when you got big money with just you called useless currency.

[no0dlepunk]

Same as you are... you are useless but still you are high. haha! no, im just kidding.

Anyway, bitcoin's price is due to the demand. Lots of people wants to buy it now, there are also moneymakers who are trying to pull the price as hard as they can. But the cap attracts more and more buyers.

[V.I.P]

Yes, it is true that one of the disadvantages of Bitcoin is the high fees and low transaction. Some altcoins have better than this.
However, I don't think so that Bitcoin is useless. In fact, BTC still holds its power as the king of cryptocurrency. This is because it still holds the good concept of blockchain technology and many people have invested in this. This is a worthy investment.

[nadbucs]

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 price is high though transaction is slow and fee is high compare to other altcoins. Due to high demand of bitcoin that is why it is the most expensive coin in cryptocurreny.

[zcooipo]

Commercial hype! First of all, many large-scale investors are crazy about bitcoin speculation, which makes people think it is very valuable and makes people feel that they can make money as long as they buy it. Under such circumstances, many new investors are attracted to it, so its The price continues to rise!

[Erzinnum]

segwit developes, blockchain grows, block size increases and you say, that it is useless? bitcoin will punish your for that words in future

[jean messi]

Bitcoin is not useless. In my country some merchant are accepting it has a means of payment for goods and service so it worth it value and I see it going higher  this year

[Big Show]

If bitcoin has a high price it signals more and more demand which means more users then bitcoin is useful. Moreover, bitcoin is also a beneficial asset, although not used in everyday life, but by holding bitcoin is quite profitable, especially if you trade. anyway from day to day bitcoin can be used to buy anything, so who says bitcoin is useless?

[John Emst]

Bitcoin is the creator of the whole scope of crypto currency. If there is no Bitcoin, the sphere will also die. I really believe in Bitcoin reliability.