Bitcoin is useless so why high price?

[ka4ok1331]

Bitcoin has a high price for one good reason: it is the first known cryptocurency and everyone knows about bitcoin, even people who are not in crypto world know what it is

[Gypat]

Wow!! I must admit this is actually my first time I have seen such a lost about Btc. I'm actually very young and have not had enough experience with btc but I don't think it is that useless as you are describing it. Perhaps, thatbis one of its flaws of wich many admit. I was thinking we would suggest ways to improve on its setbacks.

[Nimbusrf]

bitcoin is not useless. bitcoin as the oldest coin has proven itself well and a large number of investments are now in bitcoin.

[Kewulea]

I would not say that, on the grounds that as I would see it so much discussion about the way that bitcoin isn't required or bitcoin is pointless, this isn't valid. All things considered, bitcoin is the most imaginative cryptographic money, on the grounds that bitcoin brought us blockage, and there were costly commissions, yet in the wake of coordinating lightning into the system, I figure this issue will vanish.

[maiconle88]

Seems that you lost belief in BTC. You should see the list of coins in the market. BTC still is a leader in this list.
It approves that it has a dominant feature in the market.

[sinkfish]

Real bitcoin use is on high value trade. 
Due to its high value. You can carry lesser amount of bitcoin.

For example,  purchasing car or luxury items, which cost you few hundred thousands dollar.  You don't need bank authentication. 

Also safer way to trade due to its untraceable and untaxable by authorities.

This is just a few example bitcoin benefit  over Fiat. 

It's useless for most of us. But it's doesn't mean bitcoin have no utility besides trading or buying other altcoins. 

[ka4ok1331]

Everyone knows about bitcoin. It has a common name and even more, new people in crypto world don't know what does it mean altcoin or cryptomarket, But they know that there exists something called Bitcoin

[tisumagic]

Since the rise in bitcoin prices, many transaction fees have also increased due to the rise of bitcoin but many have been losing since it dropped substantial amounts.

bitcoin prices that are too sharply rising make other altcoin prices go down, and now the price of bitcoin is back to being cheap and other altcoins are also getting lower, because the price of altcoin will rise when bitcoin prices start to stabilize

[ubeng07]

Bitcoin has a high price for one good reason: it is the first known cryptocurency and everyone knows about bitcoin, even people who are not in crypto world know what it is

not all people are very well known what is this currency about and on how does it may exist and why is it exist for but for all of us here we all know why the price are high and why is it exist for here , cause this crypto are very helpful based on what i have been observe for.

[makerst]

If in my head all the same there are similar opinions, then it seems to me that it is better not to deal with crypto-currencies in general, since now crypto-currencies are great opportunities for simply earning for old age

[jamota]

Despite many disruptions, BTC is still alive because of the high demand for these assets. I think BTC must be treated first as a long-term investment rather than just a shopping tool. Cryptocurrency technology continues to grow and Bitcoin is no exception in this regard. Of course, it has some disadvantages like other coins but its absolute dignity is maturity.

[racingboy]

Shouldn't you be happy that BTCitcoin's price is high? Also about the useless thingy,
I don't think so, BTCitcoin compared to alts is the most widely accepted and known.

[ngano ba]

I do not think why it is said that bitcoin is useless wherein there are many who have benefitted through bitcoin, Of the bitcoin is on high price then that is better ,so that you can not tell that bitcoin is struggling and then will die, bitcoin is still comfortable to be more successful in the coming years.

[Catstevens19]

I dont agree with that! Bitcoin is useless?? No! It helps a lot of people! The strongest and well known coin among others! And if you try to ponder it! And compare it with others, i can say that its more better than any of those coins out there.

[MrBAU]

Bitcoin still has a huge impact on this market, it's not useless. High fees are normal for a great king, there are many other good things you do not know.

Bitcoin was the first. He was the first to bring the technology of blockchain into the world. And do not say that botcoin is useless, if you are not aware...

[sevenonetwo]

It's true that bitcoin technology is still inferior to other altcoins. Bitcoin functions are less useful because there are other altcoins that have the same function as bitcoin and offer other advantages too. This altcoin comes with contemporary innovations and greatly helps human work become easier. But when compared to the price, this bitcoin price is still higher than the altcoin and other crypto currencies. This is due to the high popularity of bitcoin and the public trust in bitcoin is ingrained.

[Vendetta666]

Bitcoin still has a huge impact on this market, it's not useless. High fees are normal for a great king, there are many other good things you do not know.

Who says bitcoin is useless??? if bitcoin is useless there will be no more people who will get interests into it. Bitcoin is now a growing technology in crypto currency and being popular makes bitcoin attracts more investors.

[elenka n]

Bitcoin does conduct slow transactions, but bitcoin technology is promising without a doubt ...

[Valay9836]

as soon as bitcoin has gained in popularity. the transaction grew accordingly. thus the cost of translation.

[TooDumbForBitcoin]

as soon as bitcoin has gained in popularity. the transaction grew accordingly. thus the cost of translation.

Transactions count is not single indicator hat we should watch. Merchant processing is very very low now for such adoption from the side of financial industry