Bitcoin Forum
October 26, 2020, 07:37:35 PM *
News: Latest Bitcoin Core release: 0.20.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 [22] 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 »
  Print  
Author Topic: Bitcoin is useless so why high price?  (Read 4542 times)
farhan12048
Newbie
*
Offline Offline

Activity: 41
Merit: 0


View Profile
June 24, 2018, 06:55:36 PM
 #421

Yes fees is quite high but if you want to double your investment you have to wait for few months because BTC is the plateform which grows more then any other currency in the world
1603741055
Hero Member
*
Offline Offline

Posts: 1603741055

View Profile Personal Message (Offline)

Ignore
1603741055
Reply with quote  #2

1603741055
Report to moderator
Creating a Bitcoin client that fully implements the network protocol is extremely difficult. Bitcoin Core and some of its derivatives are the only known safe implementations of full nodes. Some other projects attempt to compete, but it is not recommended to use such software for anything serious. (Lightweight clients like Electrum and Bither are OK.)
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Bit-Tech
Member
**
Offline Offline

Activity: 226
Merit: 10


View Profile
June 24, 2018, 06:55:55 PM
 #422

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.
sarul
Copper Member
Sr. Member
****
Offline Offline

Activity: 798
Merit: 250



View Profile
June 24, 2018, 06:58:06 PM
 #423

Yes, bitcoin is useless for making transaction because the confirmation is so slow and expensive in fee. Even though, bitcoin is useful for online shopping because there are many online stores that accept it.
Maya56674
Newbie
*
Offline Offline

Activity: 98
Merit: 0


View Profile
June 25, 2018, 08:45:58 AM
 #424

Since bitcoin has such a high price, it shows that bitcoin is not useless, the biggest effect is investment value, and many people who invest early in bitcoin have achieved wealth freedom.
kettyhanna78
Newbie
*
Offline Offline

Activity: 72
Merit: 0


View Profile
June 25, 2018, 02:44:48 PM
 #425

The bitcoins are not useless because there are lots of earnings that you can get from it. as a matter of fact through the increasing demand they received there are a huge price for their services.
phapluan825694
Newbie
*
Offline Offline

Activity: 1
Merit: 0


View Profile
June 26, 2018, 10:00:46 AM
 #426

Do you will forget your father if something bad happen to him? same thing happend to bitcoin because he the father of cryptocurrency no matter how bad he is no matter what he do he still your father. There no another Crypto like ethereum with all his token if bitcoin never created.
lengocanh2998
Newbie
*
Offline Offline

Activity: 61
Merit: 0


View Profile
June 26, 2018, 01:29:07 PM
 #427

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
flymnb
Member
**
Offline Offline

Activity: 121
Merit: 10


View Profile
June 29, 2018, 12:37:36 AM
 #428

The value of goods is determined by their characteristics. Just like all countries' currencies, the state admits that their value is reflected.
Umar001bakry
Jr. Member
*
Offline Offline

Activity: 168
Merit: 1


View Profile
June 29, 2018, 01:03:17 AM
 #429

Certainly was not in vain, bitkoin remains a good investment. for everyday use you know and transaction costs slow but still, bitcoin father cryptocurrency.

Aeternum // World's First Science and
Intellectual Property Driven ICO (https://aeternum.io/)
commander11
Sr. Member
****
Offline Offline

Activity: 547
Merit: 250


Worldwide Payments Accepted in Seconds!


View Profile
June 29, 2018, 01:35:03 AM
 #430

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.

As you have made this statement, whom do you compare. If you compare bitcoin to remittance, then bitcoin have lower fees. But if you compare bitcoin to new alternative cryptocurency, bitcoin has a higher fee but that doesn't mean bitcoin is useless because bitcoin so far in cryptocurrency is the most secured type of transferring store of value P2P.

Newbies always badmouth about bitcoin when in fact they don't know what's the essence of this store of value. If you understand the thue meaning of decentralization and security, you won't badmouth bitcoin for sure.

Ali Akbar Torang
Full Member
***
Offline Offline

Activity: 364
Merit: 100



View Profile WWW
June 29, 2018, 01:39:30 AM
 #431

sooner or latter it will get cut by second popular cryptocurrencies, and more than that the fact is bitcoin are not owned by a persons, or some company that why it is still valuable, people are trust bitcoin.

Tetep Mesem
Jr. Member
*
Offline Offline

Activity: 224
Merit: 8


View Profile
June 29, 2018, 01:42:20 AM
 #432

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.
indeed by using Bitcoin with its ever-increasing development will be very capable of bringing its own advantages and making its development so increased with us using it. especially for investments that are very influential on its development and make it a very reliable coin with a fairly expensive price.

Sandblock  ❱❱  Decentralized consortium of brands and customers
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
❰ TOKEN SALE ❱ MAY 16 (http://sandblock.io)
kaylinmaxx
Newbie
*
Offline Offline

Activity: 84
Merit: 0


View Profile
June 30, 2018, 07:08:07 AM
 #433

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.
ngoanhh21
Newbie
*
Offline Offline

Activity: 63
Merit: 0


View Profile
June 30, 2018, 01:39:29 PM
 #434

Bitcoins are only useless for those who do not really know the bitcoin knowledge. If you are really a bitcoin-savvy, you will find them quite useful and will help you make a big income when entering the cryptocurrency market
baghodler123
Newbie
*
Offline Offline

Activity: 151
Merit: 0


View Profile
June 30, 2018, 01:40:36 PM
 #435

Cmon man, this forum called "bitcointalk", and you are saying that BTC is useless. How are you planning to buy alts w/o BTC?
Silberman
Hero Member
*****
Offline Offline

Activity: 1218
Merit: 537


Go-Overt, Bitcoin Mixer 2.0


View Profile
July 02, 2018, 06:00:58 PM
 #436

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.

how can you say bitcoin is useless? bitcoin is very useful, not only for an investment, but it can also use for a payment method too, there are a lot of people getting helped with cryptos, especially from bitcoin as the mother of all altcoins
He can say that because he does not know what he is talking about the OP wanted to sell his bitcoin in the moment when the network was congested since everyone wanted to move their bitcoin to sell it or to trade it, now the network does not have those problems and the fees are very low once again, he just tries to criticize bitcoin like many people do without any real knowledge about how things work here.

.........CLEARNET.....................TORNET............
▄▄█████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄████████████████▀▀█████▄
▄████████████▀▀▀░░░░██████▄
████████▀▀▀░░░▄▀░░░████████
█████▄░░░░░▄█▀░░░░░████████
████████▄█▀░░░░░░█████████
▀████████▌▐░░░░░░░████████▀
▀████████▄██▄░░████████▀
▀█████████████▄███████▀
▀█████████████████▀
▀▀█████████▀▀
OVERT
BOT
▄▄█████████▄▄
▄█████████████████▄
▄███████████████████▄
▄█████▀▀▀▀▀▀▀▀████████▄
▄███████▄░░░▄▄▄▄░░▀███████▄
█████████░░░████░░░████████
█████████░░░░░░░░░▀████████
█████████░░░████░░░░███████
▀███████▀░░░▀▀▀▀░░░▄██████▀
▀█████▄▄▄▄▄▄▄▄▄███████▀
▀███████████████████▀
▀█████████████████▀
▀▀█████████▀▀
ANN
THREAD
|Go-Overt
Powered by JAMBLER.io
krishnaverma
Member
**
Offline Offline

Activity: 588
Merit: 58


View Profile
July 02, 2018, 06:28:31 PM
 #437

sooner or latter it will get cut by second popular cryptocurrencies

How much time interval do you expect. Almost 8 years have passed and we do not have any coin even near.

I do agree that ETH has the potential to beat bitcoins but it is still going to take a long time. If we are goign to return wise, there are of course some options that can give higher returns than the former two.

▬▬▬▬▬  ♦  ▬▬▬▬▬          ♦     Betnomi     ♦          ▬▬▬▬▬  ♦  ▬▬▬▬▬
300% Deposit Bonus       //     100% Rakeback     //     20% Weekly Cashback
▄  ▄▄  ▄▄▄   ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄   ▄▄▄   ▄▄   ▄
overseer470
Member
**
Offline Offline

Activity: 162
Merit: 10


View Profile
July 02, 2018, 06:30:03 PM
 #438

Bitcoin has its advantages and disadvantages, but you can't say that it's useless. It's first crypto currency, and yes, it's not perfect, but it's a gold - crypto gold. About high commissions - I don't know which exchanger are you using that from £130 of Bitcoin network fee is £28. Basically commission is around 4-5$, now it's around 1$
banhmicohaiz88
Newbie
*
Offline Offline

Activity: 98
Merit: 0


View Profile
July 03, 2018, 10:00:00 AM
 #439

Bitcoin is not useless. Merchants in many places abroad accept bitcoin and they accept Bitcoin as their transaction currency! In the blockchain, people accept Bitcoin as an exchange for any token currency!
dollurs
Newbie
*
Offline Offline

Activity: 238
Merit: 0


View Profile
July 04, 2018, 06:22:27 AM
 #440

I'm having the same question in my mind. If the purpose of the crypto is to reduce the transaction cost then is there any point of paying much higher transaction fees even more than when we use fiat currency ?. So what is the real usage of BTC ?.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 [22] 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!