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
you don't have to worry about that problem because near in future when bitcoin become most famous the transaction fee is also so less that we can afford small transactions by very big profit, so i suggest you to stick with bitcoin
I agree that bitcoin fees are being to much higher at the moment, just a minutes ago i wanted to make a payment of about 0.01 and they charged 0.001 of fees, that is quite high. There are wallets that are charging up to 0.002 per transaction.
That is the only thing that i dont like of bitcoin, also today the blockchain network is so slowly.