Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
AlexGR
on 15/06/2016, 21:40:23 UTC
The blockchain is seriously overloaded right now, transactions are experiencing huge delays:
...
I believe this has also a bad impact on trading (i.e. too slow from and to exchanges).

You mean traders who

a) lose something like 0.2-0.3% for every trade (exchange commission)
b) accept big bank or SWIFT fees for every fiat transfer in and out
c) accept trading taxes / capital gain taxes etc by their government

...don't have a few cents to get first block priority tx?

Btw, the #1 problem in bitcoin trading is not the speed of btc but the extremely slow fiat / legacy banking.