Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Domithra on December 04, 2017, 06:21:19 AM

Title: Bitcoin lost the quality of serving as a currency?
Post by: Domithra on December 04, 2017, 06:21:19 AM
The biggest cryptocurrency is now believed by most experts to have lost its quality of serving as a currency due its slow transactional speed and highly expensive transactional cost. What do you think about this?
Title: Re: Bitcoin lost the quality of serving as a currency?
Post by: adotrulez on December 07, 2017, 12:58:13 PM
The fact that the transaction fees are so outrageous cos they want to pay out miners and all is insane
Title: Re: Bitcoin lost the quality of serving as a currency?
Post by: nas.crypto on December 14, 2017, 01:18:49 AM
Interesting...
Title: Re: Bitcoin lost the quality of serving as a currency?
Post by: akmittal on December 14, 2017, 10:39:42 AM
yes, biggest crypto currency is not capable to serve as the currency due to
1. high transaction cost
2. large deviation in price
3. low speed of transfer
Now Bitcoin is the Asset and good investment tool only.
Title: Re: Bitcoin lost the quality of serving as a currency?
Post by: akmittal on December 22, 2017, 11:47:26 AM
A number of trading platform are evolving. One of them are s ABADEX which will handle ten crypto and fiat currency. If ABADEX keeps transaction fee reliable. Than Bitcoin and altcoin will regain the quality of  serving as fiat currency.
Title: Re: Bitcoin lost the quality of serving as a currency?
Post by: kent47400 on August 21, 2018, 06:02:50 PM
usually things like that are done with little Bitcoin transactions.
if you send a Bitcoin with a lot of value then all of that must be of use.

Bitcoin takes time to send to another wallet.
Title: Re: Bitcoin lost the quality of serving as a currency?
Post by: pacar_tiri on August 22, 2018, 05:10:14 AM
The biggest cryptocurrency is now believed by most experts to have lost its quality of serving as a currency due its slow transactional speed and highly expensive transactional cost. What do you think about this?

No I think Bitcoin doesnt lost the quality of serving as a currency. It is normal, It just market corrections.
Title: Re: Bitcoin lost the quality of serving as a currency?
Post by: elbans89 on August 22, 2018, 05:38:37 AM
The biggest cryptocurrency is now believed by most experts to have lost its quality of serving as a currency due its slow transactional speed and highly expensive transactional cost. What do you think about this?

I think If the bitcoin is more stable , Bitcoin will be a world currency. Maybe It will hapoen at the coming future.