Post
Topic
Board Bitcoin Discussion
Re: (RE: Flippening) bitcoin has worked perfectly for 8 years 24/7/365
by
hatshepsut93
on 21/06/2017, 15:57:33 UTC
Don't know why but that amount of transactions still seems very low compared to credit card transactions... there is still a lot of space to grow...

The problem is, transaction fees are already so high that it's hard to justify using Bitcoin to purchase a cup of coffee, and Bitcoin processes 1000 times less transactions than fiat payment systems. And Ethereum or any other altcoin are in the same situation, so actually there's not much place for growth and adoption untill cryptocurrency protocols get major updates that will significantly improve their efficiency.