Post
Topic
Board Bitcoin Discussion
Re: The reason that keeps me from investing in bitcoin
by
analyzing
on 08/11/2017, 18:13:20 UTC
Hello everybody.

I would like to invest some money in bitcoin, I don't use that money and I don't need it for the next 2/3 years.
I thought I found in bitcoin the perfect way to invest. BUT when I see the fees applied I don't see how the bitcoin will become mainstream! The fees are around 1mBTC which is approximatively 3$. Therefore what is the point of bitcoin?

The only thing I see : big amount transaction

But bitcoin won't be the money you use to buy your sandwich with those fees!

I saw a post saying: yeah burger king is willing to accept bitcoin in russia. Hopefully mcdonald will follow ! But why would someone pay 3$ fee therefore a third of his burger king menu in fee?

Will segwit may lower the fees?

Thank you Smiley


that is one damn good analysis , but i think bitcoin will be only reach people toy , no one every will buy pizza or some kind of fast food from bitcoin , maybe BTC will only show market strength as i saw if BTC goes down all alts are following master. so fast food and pizza you can but with alts . good luck