Post
Topic
Board Altcoin Discussion
Re: Bitcoin is useless so why high price?
by
royale143
on 30/12/2017, 23:28:36 UTC
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.

Bitcoin fees is really high, but I don't agree that this is useless because I believe in the future of every cryptocurrency and bitcoin is one of them. If you really think bitcoin is nothing then stop holding on it. Bitcoin will be better in 2018 and people who sold it on panic will surely buy back.

First off, why would you say it's useless. I mean, right now, it has a very high price point, plus it's marketability has been really up there. These are not the only things that make bitcoin quite relevant right now. It has really opened a lot of opportunities and doors for bitcoin to be seen and to continuously prove its potential. So, having said, people keep it as an investment or some sort of a savings that they can get or use in the future.