Bitcoin is useless

[odolvlobo]

I have to disagree, bitcoins aren't useless at all.
...
how can that be labeled useless?

Ok, then tell me. What do you use it for? Please don't tell me how somebody else might use it. You say it isn't useless at all, so please tell me how you use it. Thank you.

[yakafi]

You're wrong if you think like this. Because for me Bitcoin is very useful for my life. Without Bitcoin, I might find it hard to find a job and a considerable income. I know Bitcoin has many shortcomings, but the shortcomings can be covered by the many advantages Bitcoin given to its users.

yes, i agree . for me bitcoin helps a lot of people make life better, though many people have different views on everything especially in bitcoin

[DevilSlayer]

Bitcoin is not useless! There are many persons who are now depending to bitcoin for them to earn money. How can you say that bitcoin is useless? Bitcoin is continuing to make job for many people in our society.

[rat03gopoh]

It's useless but valuable, but some people admit if bitcoin deserves a high price. And it can not be denied if people lose the bitcoin owned as well as loss of wealth.

[Derbi Fransisco]

Wealth will not be useful when there is no life. But in life need wealth. One bitcoin that many people hunt for it, bitcoin many make rich people suddenly, especially those who dare to go into it with the condition willing to takethe risk. and useful (BITCOIN)

[Bustart]

I have to disagree, bitcoins aren't useless at all.
...
how can that be labeled useless?

Ok, then tell me. What do you use it for? Please don't tell me how somebody else might use it. You say it isn't useless at all, so please tell me how you use it. Thank you.

We have different point of views in terms of crypto, however those who said it's useless might have not fully-understood what's its functionalities are. The uselessness of a thing depends on how you carried it out and handle the situation. If you find it useless, I hope you won't feel hopeless, instead give another try and by this time be a wise bitcoiner, do research, study, or ask from the expert. Be guided accordingly and you'll never be lost.

[mstfprcn]

I think you are wrong, cause bitcoin is so usefull for everyone. Can you see many people are now so rich and successfull because of the bitcoin. And if you say that transaction nowadays are so long before you get your money, that is just okay for those people who are willing to wait to get their money even it costs a week of waiting before you get your money.

[mcradys]

I think you are wrong, cause bitcoin is so usefull for everyone. Can you see many people are now so rich and successfull because of the bitcoin. And if you say that transaction nowadays are so long before you get your money, that is just okay for those people who are willing to wait to get their money even it costs a week of waiting before you get your money.

I think same.

[Alex Storm]

I think you are wrong, cause bitcoin is so usefull for everyone. Can you see many people are now so rich and successfull because of the bitcoin. And if you say that transaction nowadays are so long before you get your money, that is just okay for those people who are willing to wait to get their money even it costs a week of waiting before you get your money.

Of course he is wrong - bitcoin was buried for so many times these past 5 years. This guy is nothing but a con man. His reasoning not making any sense 

[Budugbass]

It's useful or useless, basically it's very useful, but its shortcomings.. it's often in the talked of many people that of its characteristics.. it's negatively impression. Because anyhow the people's thoughts is different over all that they judging about anything, especially the government. Yeah.. and until now, it's still directed at negative impact because there's a negative side that can be done with bitcoin.

[Victor$]

You're wrong if you think like this. Because for me Bitcoin is very useful for my life. Without Bitcoin, I might find it hard to find a job and a considerable income. I know Bitcoin has many shortcomings, but the shortcomings can be covered by the many advantages Bitcoin given to its users.

You are right your only way of earning must not be enough to run your life, now it is very hard to get everything in life as payment system is getting towards bitcoin gradually, if you will hold bitcoin as side way of earning you will make high amount of profit from bitcoin and your life will be very easy, I think today we need bitcoin the most, as a job as an investment and as saving as well, bitcoin will never consider to be useless until we are having ability to generate high amount of profit from our bitcoin.

[chrisculanag]

Whether important or not important, bitcoin its helpful in the online trading industry and online market that accepting bitcoin , but sometimes our transactions take 1 to 24 hours before being transferred to your recipient. Because more transaction are make ,so we need more time to transfer our bitcoins to another bitcoin. And that is one of the reason why other people hate bitcoin. Dont focus only in bitcoin try research some altcoins that most fast and reliable in transaction.  So every transaction you do , check the blockchain first before make a transaction . 

[--DarkSecrets--]

Whether important or not important, bitcoin its helpful in the online trading industry and online market that accepting bitcoin , but sometimes our transactions take 1 to 24 hours before being transferred to your recipient. Because more transaction are make ,so we need more time to transfer our bitcoins to another bitcoin. And that is one of the reason why other people hate bitcoin. Dont focus only in bitcoin try research some altcoins that most fast and reliable in transaction.  So every transaction you do , check the blockchain first before make a transaction . 

To figure out this cryptocurrency it has more many things to do online and its more convenient. Bitcoin has a wide use like any other fiat. Altcoins there is something cool and creates to change how things is associated with crypto. If you are always looking for the downside of bitcoins you will going to regret not investing and not believing.

[Bitbitmaker]

Bitcoin will never be useless because it still has its value. I'm sure that the value of bitcoin will last for a long time because it is the king of Cryptocurrency.

[goku1525]

Bitcoin will never be useless because it still has its value. I'm sure that the value of bitcoin will last for a long time because it is the king of Cryptocurrency.

Bitcoin has a capabilities and a lot of opportunities it is easy to use in terms of payments transaction then do you think that its useless? This kind of method has a great impact for the people to be secured there earnings .Investment on bitcoin is consider as our source of income wether a long term or a short term as far as we can get huge profit.

[ateg23]

Bitcoin is not useless because there are too many people who become rich because of bitcoin

[candra raditya]

I am amazed with number of people being fooled with BTC:

1. Transactions takes hours
2. Fees are high
3. Development team sucks, uncapable solve scalability issues for years
4. Its not anonymous, every solution to make it, failed so far
5. Its centralized: who is biggest hash power owner? Who is biggest miner hardware provider? Who owns most of bitcoins? What is % of Bitcoins in coldstorage and what in exchanges ( Ye Mt Gox )
6. There is 0 economics for BTC, it just tight to USD with liquidity providers, cut that and try to value pizza box with just BTC
7. Its not store of value, its not digital gold, and it will never be 100k USD. Because it has no value. It has value only for energy probiders, hardware manufactures and random phils.
8. Its not insured, If some crap happened to your BTC, its gone.
9. Bitcoin has a limited supply, but it does not help much. Bitcoin has a code that can be amended and its enough of small group of people to work together to support that. Question really is: do someone need that hassle? No really. Bitcoin has satoshis, that currently meaningless and just nice numbers after dot, but this a very well painless way to inflate any crypto currency and its up to liquidity providers. Again it falls to point #5 and #6. Added on 24/01/2018

Such crap will never be used in payments, noone wants to support Terrabytes or Petabytes of data.

Its funny to observe how uneducated shills trying to make casual office landline phone to look smart phone.

BTC is scam of the century, stay away.

UPDATE 12/02/2018:

As this forum full of bots, I will emphasize one question from the user:

Ok, for all of you that insist that Bitcoin is not useless, tell me!

What do you use Bitcoin for?

Please don't tell me what it could be used for or how other people might use it. I want to know how you use it. Also, please don't tell me about trading or hodling. Those are not uses.

Hope to get constructive answers.

UPDATE 11/02/2018:

One by one, it becomes recognizable that Bitcoin at this stage is very useless. DarkNet, is the one who started one, and the one who will make a dump: https://cointelegraph.com/news/is-darknet-done-with-bitcoin

This is a very worried signal

UPDATE 30/01/2018:

Bitcointalk, and many other crypto related forums are heavily manipulated by bots, the amount of useless posts and conversation is just crazy. Even look at this thread, so much messages about "it will make me reach", "it growing", "I am going to be wealthy" so much manipulation, only in ponzi game this possible. It proves just on how bitcoin is useless, because 90% of people just copy paste message from bots, even not knowing basic fundamentals.

UPDATE 29/01/2018:
Few points were made here that are unfair:

1. Bitcoin is a first one, its revolutionary and so on and so forth, wrong, Bitcoin is a client that is build on top of practices that were developed and test long time before Bitcoin e.g. Proof of Work, Hashcash, eCash, bit gold, Merkle Tree, Peer-to-Peer,Byzantine fault tolerance etc.

2. Bitcoin is still in development and it needs a time and so on and so forth, really? its a 10 years old technology. Its usage is very easy predictable, no rocket science here. Scailibility problems were addressed long time ago. But like in every corrupted government, Bitcoin has biased devs, greedy miners and exchanges driven by capitalists. Why to care about tech? When everyone is just become wealthy on nothing. This is why its scam and this is how it become useless, because everyone only cares about price, not utility on day-to-day basis. Typical ponzi game.

3. Bitcoin is store of value, fake as is. Everything that has Blockchain underneath is store of value, Bitcoin is neither exception nor unique here. And again it has no value, because there is no utility. Remove exchanges from equation, and tell me how much BTC will be worth 1 pizza?

UPDATE 24/01/2018:

Everyone is amazed of why I called it useless, well, recently Stripe dropped support for Bitcoin payments. This is the prove of Bitcoin being useless. Stripe was not the only one in recent months to do so. It should ring a bell.


UPDATE 23/01/2018:

useless, guys the fact that some of you become reach and wealthy does not make Bitcoin useful. You wealth does not come from values that are used in propaganda.

1. Why I am still here? I believe there are technologies that are better maintained and lead than BTC, I prefer put money in something that bring value, has use-case and been used.
2. LN is panacea! Well not, so far its more dream than reality, no doubt it will be delivered in one or other way, but it will not solve all problems and so far it has more questions than answers.

Sorry, it looks like you're looking at bitcoin in terms of negatives, I guess bitcoin is not what you think. For me bitcoin is a great source for income to improve the economy.

[BabyBoss]

I am amazed with number of people being fooled with BTC:

1. Transactions takes hours
2. Fees are high
3. Development team sucks, uncapable solve scalability issues for years
4. Its not anonymous, every solution to make it, failed so far
5. Its centralized: who is biggest hash power owner? Who is biggest miner hardware provider? Who owns most of bitcoins? What is % of Bitcoins in coldstorage and what in exchanges ( Ye Mt Gox )
6. There is 0 economics for BTC, it just tight to USD with liquidity providers, cut that and try to value pizza box with just BTC
7. Its not store of value, its not digital gold, and it will never be 100k USD. Because it has no value. It has value only for energy probiders, hardware manufactures and random phils.
8. Its not insured, If some crap happened to your BTC, its gone.
9. Bitcoin has a limited supply, but it does not help much. Bitcoin has a code that can be amended and its enough of small group of people to work together to support that. Question really is: do someone need that hassle? No really. Bitcoin has satoshis, that currently meaningless and just nice numbers after dot, but this a very well painless way to inflate any crypto currency and its up to liquidity providers. Again it falls to point #5 and #6. Added on 24/01/2018

Such crap will never be used in payments, noone wants to support Terrabytes or Petabytes of data.

Its funny to observe how uneducated shills trying to make casual office landline phone to look smart phone.

BTC is scam of the century, stay away.

UPDATE 12/02/2018:

As this forum full of bots, I will emphasize one question from the user:

Ok, for all of you that insist that Bitcoin is not useless, tell me!

What do you use Bitcoin for?

Please don't tell me what it could be used for or how other people might use it. I want to know how you use it. Also, please don't tell me about trading or hodling. Those are not uses.

Hope to get constructive answers.

UPDATE 11/02/2018:

One by one, it becomes recognizable that Bitcoin at this stage is very useless. DarkNet, is the one who started one, and the one who will make a dump: https://cointelegraph.com/news/is-darknet-done-with-bitcoin

This is a very worried signal

UPDATE 30/01/2018:

Bitcointalk, and many other crypto related forums are heavily manipulated by bots, the amount of useless posts and conversation is just crazy. Even look at this thread, so much messages about "it will make me reach", "it growing", "I am going to be wealthy" so much manipulation, only in ponzi game this possible. It proves just on how bitcoin is useless, because 90% of people just copy paste message from bots, even not knowing basic fundamentals.

UPDATE 29/01/2018:
Few points were made here that are unfair:

1. Bitcoin is a first one, its revolutionary and so on and so forth, wrong, Bitcoin is a client that is build on top of practices that were developed and test long time before Bitcoin e.g. Proof of Work, Hashcash, eCash, bit gold, Merkle Tree, Peer-to-Peer,Byzantine fault tolerance etc.

2. Bitcoin is still in development and it needs a time and so on and so forth, really? its a 10 years old technology. Its usage is very easy predictable, no rocket science here. Scailibility problems were addressed long time ago. But like in every corrupted government, Bitcoin has biased devs, greedy miners and exchanges driven by capitalists. Why to care about tech? When everyone is just become wealthy on nothing. This is why its scam and this is how it become useless, because everyone only cares about price, not utility on day-to-day basis. Typical ponzi game.

3. Bitcoin is store of value, fake as is. Everything that has Blockchain underneath is store of value, Bitcoin is neither exception nor unique here. And again it has no value, because there is no utility. Remove exchanges from equation, and tell me how much BTC will be worth 1 pizza?

UPDATE 24/01/2018:

Everyone is amazed of why I called it useless, well, recently Stripe dropped support for Bitcoin payments. This is the prove of Bitcoin being useless. Stripe was not the only one in recent months to do so. It should ring a bell.


UPDATE 23/01/2018:

useless, guys the fact that some of you become reach and wealthy does not make Bitcoin useful. You wealth does not come from values that are used in propaganda.

1. Why I am still here? I believe there are technologies that are better maintained and lead than BTC, I prefer put money in something that bring value, has use-case and been used.
2. LN is panacea! Well not, so far its more dream than reality, no doubt it will be delivered in one or other way, but it will not solve all problems and so far it has more questions than answers.

You know you are only talking about the present where you can see a huge dump on the market that there is no like Hope on that but believe me or not bitcoin will soon rise again and having bitcoin is totally worth it, it is not useless. Bitcoin is really helpful instead.

[Rrotess]

I personal like Bitcoin. If you think Bitcoin is not right for you. There are other alternative coins out there with cheap transaction fee.

Yeah youre right bitcoin will not force you if you like it or not because only interested for bitcoin will make their life change from financial needs in life.

[bitllionaire]

I personal like Bitcoin. If you think Bitcoin is not right for you. There are other alternative coins out there with cheap transaction fee.

Yeah youre right bitcoin will not force you if you like it or not because only interested for bitcoin will make their life change from financial needs in life.

Bitcoin will compel people to accept the fact about bitcoin, they will admit the importance of bitcoin in near future, because in future bitcoin will even become more stronger and popular, it will become the  basic need of the people just like fiat currency, i think bitcoin is serve the people even more than fiat currency, therefore even those people who currently consider bitcoin as useless with accept the importance of bitcoin.