Post
Topic
Board Speculation
Re: Bitcoin sucks ass but price still rises- how come
by
Yuuto
on 22/05/2017, 07:05:21 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

This is unfortunately the truth...

I still don't get why bitcoin price is rising by $100 a day when the transaction fees are skyrocketing. My transactions are stuck for ages now with no confirmation and I tried to send 0.001 BTC from my wallet but it said that I didn't have sufficient balance because I had to pay 0.0012 BTC as a transaction fee.

Obviously bitcoin is in its most difficult stages so far, we as a community need to keep our heads up.

The thing is that with negative news bitcoin is still rising. This is highly abnormal and people should realise that this is probably a bubble and it's popping at any time. Might be next month, might be next week, but it will pop. And when it pops hopefully people are prepared and sold some of their coins already.