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Author Topic: why do you still support Bitcoin when it's technology is clearly inferior?  (Read 250 times)
Arwinkim
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March 11, 2018, 11:49:47 PM
 #21

I appreciate your point of view, that is your opinion. In fact, some things you say, that what makes bitcoin more valuable. THis is not about technology, but how this can be scaled up for wider industries.
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March 12, 2018, 01:05:14 AM
 #22

Bitcoin already has a big name in a crypto so want any people still interested to use bitcoin even bitcoin enthusiasts growing every day. That is the reason why people still support bitcoin than other coins. I think people prefer crypto that is clearly trusted and tested can survive so far from the efforts of parties who want to make bitcoin slumped.
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March 12, 2018, 01:41:37 AM
 #23

Bitcoin is not that inferior based on what you think.

If you look at the transaction cost. The Segwit 2x was already implemented since last year august 2017. This is the solution for the high transaction fee. The development team are slowly and securely upgrading bitcoin block-chain whenever necessary. No one can hack the bitcoin block-chain. If you saw and read the news of bitcoin hacking. it is the negligence of the wallet holder / user or exchanges.

Remember that bitcoin is the storage of great and massive wealth, which enables us to transfer our funds without the need of third party in an instant not 2 to 3 days.

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March 12, 2018, 06:20:03 AM
 #24

Quit trolling, there's nothing inferior to Bitcoin (members already said enough).
Stop Feeding the Troll

Thunder network deployment will solve the problem of bitcoin transfer speed slow, because of the market leaders in the cryptocurrency market, each country only admit the bitcoin status, bitcoin and blockchain  are inseparable.
Thunder Network, really? You forgot to say thanks to google/translate.
Lightning Network can't do that straightforward, the services that involves bitcoin transactions needs to change the way they process their user's funds in order to utilize LN, unlike SegWit which can be done by changing user addresses to bech32.

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March 12, 2018, 06:23:59 AM
 #25

Well I do think that you are new and you need to explore a lot more than what you think.
You know Bitcoins are now improving and also they are pretty safe. As compared to other cryptocurrencies the profit margin is also high.
It's incredible when you will come in this world of cryptocurrencies then you will know.
It's wide spread ..and most widely accepted ... ! Because of a reason not just because  it's old .

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March 12, 2018, 06:33:31 AM
 #26

Why Bitcoin is supported? Because I'm willing, you don't like bitcoin, you think it's useless, you just leave here. Nobody wants to leave you. After all, everyone has different ideas. I think Bitcoin's future deserves my investment. This is enough.

I don't think some of us really understand OP. He is not hating bitcoin but rather asking questions that should help members learn more and also open our eyes. Moreover, he is entitled to his opinion, he made an elaborate exposee' , giving his reasons for every point he mentioned. He is detailed a enough, wasn't just a one liner post, like saying for instance -"I hate bitcoin".
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March 21, 2018, 01:52:57 PM
 #27

Yup, as you mentioned, its main strength is the brand and from that it affects some other things such as receipt of cryptocurrency transactions that are still limited to some cryptocoins only. Then the people hodl bitcoin hoping the price will continue to increase, like happened few months ago. Some altcoins also don’t have good management, indeed they offer many new things but again, back to the management of the coin, also some of altcoins are a scam.
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March 21, 2018, 01:55:20 PM
 #28

Not everyone use bitcoin only for transactions because of the large fee and some just for investment, whether it’s for long term or short term. Many choose to use altcoin for transactions because the fee to pay is not as big as Bitcoin, but because of so many altcoins and not all are well known by traders so Bitcoin is used as the 'major currency' and possibly some altcoins have a lot users e.g, ethereum and rippel.

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March 21, 2018, 01:58:23 PM
 #29

Bitcoin has tremendous fees and is too slow for in person transactions.
that's not true because fee here in crypto is low and the transaction here is really fast i think you don't really know what can bitcoin in crypto can bring
Here we are talking only about Bitcoin, not other cryptocoins, dude. What I knew the speed and the amount of fee is inversely proportional, meanwhile the fee and the amount of the transaction is directly proportional.
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