Post
Topic
Board Speculation
Re: Bitcoin sucks ass but price still rises- how come
by
bartolo
on 21/05/2017, 17:59:18 UTC
Bitcoin has become a pain in the ass latley, transactions are stuck forever even with high transaction fees however the price still keeps rising, why is this

is this a bubble and bitcoin will collapse to pre 1000 again or will it continue to go up?

whats there to do with these transaction fees to be able to send bitcoin


If the price is rising with these problems, imagine where it would be if they were solved. I guess there's a lot of money coming into the bitcoin and altcoins market lately, there are new people who are entering this world now and surely many of these new investors are people with a lot of money, that is, whales. It´s possible that for these people there is not much difference between paying 20 cents or 5 dollars in fees and they have no problem waiting a little for their transactions. For ordinary people it´s more annoying, especially to make micropayments or send small amounts of money, but not for them. Also, if there are people who are buying as a store of value, they will not have problems with paying slightly higher fees either.