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Author Topic: Bitcoin is useless so why high price?  (Read 4654 times)
karicir
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September 19, 2018, 02:35:54 PM
 #661

I will not support your opinion that bitcoin is useless. It is an excellent tool to adjust the prices of all crypto-currencies. And he is the flagship of the entire crypto-currency world.

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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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lantan81383628
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September 19, 2018, 02:37:57 PM
 #662

Bitcoin isn't useless, it's more of a big trade these days. Many people keep it as a collectible. Please do not blame COINS for your lack of knowledge of a particular coin.
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September 19, 2018, 02:38:43 PM
 #663

i don't think bitcoin is useless. it still works well and reliably. besides, you can pay with it at different merchants who don't support other crypto currencies.

The advantage of bitcoin is to be the first, if the first is Tezos or IOTA it will automatically become expensive, users do not care about functions and features, as long as they get profit they will buy with the hope of getting profit.
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September 19, 2018, 02:45:59 PM
 #664

Bitcoin price is high that doesn't implies bitcoin is useless, bitcoin has value and use for goods payment, as far as i am concern it is useful.
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September 19, 2018, 03:06:32 PM
 #665

Everyone has his own opinion on the usefulness of bitcoin, I think that behind this technology is the future of our economy. Bitcoin is an innovation that not only can change the world, but make it much better and easier!
of course bitcoin is the best innovation because bitcoin make money have its true value and make everyone has his own bank, so any transaction can be really efficient
kamilah147
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September 19, 2018, 03:37:21 PM
 #666

Everyone has his own opinion on the usefulness of bitcoin, I think that behind this technology is the future of our economy. Bitcoin is an innovation that not only can change the world, but make it much better and easier!
of course bitcoin is the best innovation because bitcoin make money have its true value and make everyone has his own bank, so any transaction can be really efficient

from the beginning until now bitcoin is a source of money that can meet our economy, so we believe that the use of bitcoin is very meaningful, even though the current situation makes bitcoin go down, and that does not mean we can insult bitcoin.

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Kuya Kim
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September 19, 2018, 03:38:46 PM
 #667

Bitcoin price is high that doesn't implies bitcoin is useless, bitcoin has value and use for goods payment, as far as i am concern it is useful.
I agree with you. Its not useless. It helped a lot of people in a way that it supports financial sources and knowledge sources. If its useless, no one will appreciate it.

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September 19, 2018, 03:41:50 PM
 #668

i don't think bitcoin is useless. it still works well and reliably. besides, you can pay with it at different merchants who don't support other crypto currencies.
it's true that bitcoin is a coin that many investors in this world rely on because the price is getting higher and more expensive even though many people think bitcoin is useless

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September 19, 2018, 03:56:40 PM
 #669

i don't think bitcoin is useless. it still works well and reliably. besides, you can pay with it at different merchants who don't support other crypto currencies.
it's true that bitcoin is a coin that many investors in this world rely on because the price is getting higher and more expensive even though many people think bitcoin is useless
Maybe useless for now in their country, but were in technology era that we need a fast transaction in everything since time is money and bitcoin will be there to cover the work soon as well the blockchain.

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September 19, 2018, 04:18:41 PM
 #670

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.
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September 20, 2018, 06:46:58 AM
 #671

Bitcoin is only popular because it was the first coin.
Its outdated now compared to many cryptocurrencies.

Its painfully slow, its expensive and its highly inefficient network that consume over a country electricity.

Ditch Bitcoin and buy other. Its a reason why its not going up anymore

I believe this perception of yours is only coming probably because you haven't started using this coin or better still you haven't really come to the understanding of what the coin stands to represent future wise. Then, if anyone hasn't caught even the glimpse of what the apex coin stands to represent, staying here i think is just a waste of time. Bitcoin despite all of it's shortcomings, stands to be one of those few coins that will carry us into the future. In fact, I can say it's the main one. If not, it's been over 9 good years, and blockchain technology is still standing on. Satoshi's good intentions is yielding positive results as the years keep rolling in.

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September 20, 2018, 06:49:09 AM
 #672

We can't deny fees are actually high but to say bitcoin is useless then you're wrong do some research on internet what bitcoin can do to less our hassles example paying utility bills.

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Aroma92
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September 20, 2018, 06:53:52 AM
 #673

Bitcoin is the first cryptocurrency, it will always exist. Its main advantage is that it is placed in the hands of the community and the community develops it and eliminates mistakes. All other cryptocurrencies belong to a certain team of developers, i.e. everything seems to be decentralized,and on the other hand there is centralization

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September 20, 2018, 07:19:20 AM
 #674

And I do not think so. Bitcoin is and will be. His steadfastness and stability is his strength. Therefore, I believe whoever would predict the collapse of this crypt. He still continues to stand in his honorable place.
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September 20, 2018, 07:34:13 AM
 #675

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.
Avoid transacting in small amounts because currently Bitcoin transaction costs are very high and that will hurt you but I believe this will be completely innovated or changed immediately. because I agree, high fes are going to kill the coin.
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September 20, 2018, 07:36:39 AM
 #676

Bitcoin today just like gold as an investment and not used as actual monetary for products and services payments. So people are holding it instead of circulating the coins. That's the reason why Bitcoin is very expensive.
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September 20, 2018, 07:39:00 AM
 #677

The price for Bitcoin is so high mostly for the reason of its limitation (21 millions of BTC that exist). Add here the faith to this cryptocurrency of millions that are eager to invest into it and you will get the answer.
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September 20, 2018, 07:40:44 AM
 #678

As the numbers of people increase, automatically will affect bitcoin price. Bitcoin now is popular and the people are started using it instead of fiat money. And it is simply because we have just want to change, replacing old by a new one is very exciting and full of surprises. And I believe that, bitcoin will continue soaring and it would be more useful in the future.
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September 20, 2018, 07:40:57 AM
 #679

oh .. I want to laugh, why are there people who have the same thoughts as me. because in my country BTC cannot be used in everyday life, this means that BTC is useless. but because this is included in the investment so the price is expensive 😁
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September 20, 2018, 07:59:47 AM
 #680

I think bitcoin is good after all. I think that first of all it is a means of conducting illegal operations ... But this is not necessarily bad. Bitcoin is useful for both legal and illegal transactions.
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