Post
Topic
Board Speculation
Re: BTC will up. dont worrry
by
Sidas_Crew669
on 18/06/2017, 10:57:13 UTC
I am more worried with the BTC going up instead of staying put because I'm getting killed by the transaction fees!
It is a good idea now to have a physical wallet rather than an online wallet.

Much worst if the bitcoin price is not going up but the transaction fees is still high, then it's no making sense.

If the transaction fees is high then we can really feel the value of it once bitcoin price increase. Look if ever the fees are playing around today @ 40,000 to 50,000 satoshis that is $1 value. If bitcoin price will increase more, that amount of satoshis will be soon $2 and so on. That's why to at least we have a compensation to the high fees we are dealing, bitcoin price should be high so that somehow we are being rewarded to our effort in holding or earning bitcoin. I believe soon the fees will be minimized once this scaling issue solved or slightly being handled.
Damn you're right 50k satoshis is already more than a dollar now. 3 months ago it was just 50 cents. The crypto space keeps amazing me everyday. I also hope the scaling issue will be solved soon. Let's hope we make the best decision possible moving forward.

Well indeed it is today the main problem is being encountered on a fee on each transaction we do. Where is bitcoin asked a high fee to be able to immediately get a confirmation, it will automatically give you a bad effect on the growth of the bitcoin. Because in General, currencies are always rotating in quantity, so that if fee bitcoin unchanged then the entrepreneurs who have a rotation of funds per day which is always solid will not use bitcoin, because it will definitely be considered inefficient