With transaction costs rising above $1 the original promise of cheap remittance using Bitcoin is officially dead. Without utility Bitcoin use is limited to speculation only and even further what is there to speculate about?
I would like to debate this and gauge the community's response to Bitcoin experiment.
Yes, i costs alot of money to transact small money. I have changed my default currency to another altcoin. Hope in future dev can find way to fix that problem
I don't know why people are complaining with the fees, I will admit it is really a big fee but I don't think that it needs to be complained. With the high price of bitcoin now, it is really obvious.
If you are having a hard time with this fees, I suggest you avoid making transactions with a small amount especially when you're coins to be transacted are equal to the miner's fee.