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Author Topic: Bitcoin is useless so why high price?  (Read 4657 times)
paveel90
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October 31, 2018, 01:01:15 PM
 #841

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.

Price of BTC will be dropping even lower. I consider that it would be aproximately 1k for 1 BTC, because there will be huge amount of farms all over the world.
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October 31, 2018, 01:30:09 PM
 #842

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.

Man, really, it is not uselles, you just need read the Bitcoin WP to understand that it is brilliant and very usefull, especially if you need to remain anonimous.

soundrum
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October 31, 2018, 01:42:47 PM
 #843

Just view Bitcoin like USD which lords over all other fiat currencies. Bitcoin is the king of all cryptocurrencies and it will always be at top of them all. My portfolio is always 50% of Bitcoin and 50% of others. Bitcoin is not just any altcoin, it is the king over all.
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October 31, 2018, 01:55:49 PM
 #844

Well, bitcoin is very much appreciated, especially now when the market is falling, it will be appreciated very well in the future, of course the Commission is large but bitcoin is the first in the crypto currency!
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October 31, 2018, 01:58:00 PM
 #845

wow, you might be talking about other coins cause bitcoin is not useless. Why the price is high? because bitcoin was the first cryptocurrency that was ever been created, and so many people invested on it, plus transactions are very anonymous that’s one good use of bitcoins so bitcoin is not useless.
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October 31, 2018, 02:04:09 PM
 #846

we see that now there is a completely different payment for a transaction on the Bitcoin network. then when the author wrote this topic there was a huge interest in Bitcoin and it is absolutely logical that the price per transaction was such a cost

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Adecrypt83
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October 31, 2018, 02:17:43 PM
 #847

The problem with this genereation is that we are impatient, we always want every thing to be instant which cannot work that way. Another point to look at is that you may be intentionally doing this just make sure the price goes down for you to be able to buy it at cheap price.
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November 01, 2018, 06:15:38 AM
 #848

I would not mention 130 bitcoins. BTC is the most popular cryptocurrency, and it is becoming more popular every day. When a person begins to engage in cryptocurrency, first of all he learns about bitcoin.
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November 01, 2018, 06:21:00 AM
 #849

Bitcoin is now a safe haven for people in dealing with the market downturn! Because its price is more stable, it is not easy to collapse! And it won't be controlled by anyone!

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November 01, 2018, 06:28:50 AM
 #850

The opinions of people must be different and I do not agree with your opinion that BTC is useless. BTC has a big influence on the growth of all coins. And even though the price is now down, it can still provide benefits. And I also still invest in BTC because I'm sure BTC will recover.

Smon
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November 01, 2018, 06:47:33 AM
 #851

According to my bitcoin is not in vain, it is still good money to invest now. Surely you will regret it someday. It is associated with most of the altcoins to swap now.

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November 01, 2018, 07:08:43 AM
 #852

If bitcoin is useless then why it is very high? I totally disagree with this because bitcoin is very useful nowadays and the higher the price of crypto it means that it is very in demand, infact altcoins price rely on bitcoin.

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kiryamikronov
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November 01, 2018, 07:13:45 AM
 #853

I do not understand you, you own a great fortune and are worried about the price of the transaction. Bitcoin is very popular and this popularity will grow, despite all its flaws.

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November 01, 2018, 07:30:24 AM
 #854

Transaction fees are so high so you don’t see the usefulness of bitcoin again? Why did you possess bitcoin in the first place? Was it given to you as a gift or you bought it? I hope any answer you give to these questions would help you understand the usefulness of bitcoin.

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November 01, 2018, 07:41:09 AM
 #855

According to my bitcoin is not in vain, it is still good money to invest now. Surely you will regret it someday. It is associated with most of the altcoins to swap now.

If BTC is stable and strictly managed, then BTC will be very useful for many purposes, so in my opinion, it is not useful to see the BTC value increase suddenly. The increase that they increase is due to bullrun pulling them up.

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belcini
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November 01, 2018, 07:57:43 AM
 #856

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 absolutely disagree that today BTC is useless, in fact it is really of great importance for the development of the modern market of crypto and digital society. The main part of investments and transactions occurs with the use of BTC.

In Bitcoin we Trust!!!
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November 01, 2018, 08:03:04 AM
 #857

yeah even me i ask myself most of the time the markets condition is terrible and all the prices are down why bitcoin has a very high price but anyway i am happy when i see that even ones price is good and make something.
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November 01, 2018, 08:05:05 AM
 #858

You are right about that but most famous coins are bitcoin and ethereum and a lot of people just know these coins. I think that in the future a lot of coins from altcoin will pass to bitcoin and all market rank will change totatly.

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November 01, 2018, 08:06:31 AM
 #859

Bitcoin is the first coin and many people get rich because they invest in Bitcoin. And if you say that Bitcoin is useless, I don't agree. The growth of Bitcoin can affect the growth of all Altcoin. So that Bitcoin is very valuable.

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November 01, 2018, 08:10:20 AM
 #860

We can not say bitcoin is useless , for how many years now of bitcoin services , it have already  provided ,many oppurtunities for people ,and change their lives for the better, the only thing you do is work hard for it and be patient all the time , so bitcoin is worth for its high price in the coin market cap.

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