Post
Topic
Board Bitcoin Discussion
Re: The reason that keeps me from investing in bitcoin
by
johnson4218
on 08/11/2017, 18:18:56 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
few months ago. when bitcoin increased sharply. Many people also asked me "should invest in bitcoin now" it is at the top ..... and the result they get, investing in bitcoin is always profitable.