Post
Topic
Board Bitcoin Discussion
Re: The reason that keeps me from investing in bitcoin
by
Mikwik
on 08/11/2017, 19:20:01 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

I strongly recommend you to vary the transaction Charges with the bitcoin platforms you know and better find the lowest and invest there. To be added the main thing you would much required to consider is secured and authenticated, also people don't mine bitcoin to see us for free and running a website back-end there will be lot of work. So better choose something genuine like blockchsin etc and invest your money because the profit will be the ultimate.