Post
Topic
Board Bitcoin Discussion
Re: Do you think the transaction fee will kill bitcoin?
by
dimonchik13
on 17/03/2017, 20:56:22 UTC
I don't think the fees are going to "kill" bitcoin. But in the long run, making bitcoin less used as of today, yes for sure
The problem with high fees is that eventually the fees can be so high that the amount of bitcoin that you have in your wallet is enough to pay for the transaction in itself, this is happening with faucets but it may happen also to all of those that make microtransactions in bitcoin.

Then don't use faucets... they're just time wasters anyway. I don't know about you but I'm worth a hell of a lot for then 10 cents an hour thank you very much. Spending one input right now is about 30 cents if it's low-medium priority (so it confirms within a few hours). That's not a huge amount of you're dealing with decent sized (in terms of monetary value) inputs.
in act faucets  can give you a very limited income, i think it is more better to invest a little amount of bitcoin in trading instead of wasting time in faucets .
I will not catch very much in the opportunities for earning money on the trade, since I recently study bitcoin, but I'm sure that the trade is better than the cranes. The main thing is to know what you are doing and why. Although in trade, too, you need to have good luck.