Post
Topic
Board Bitcoin Discussion
Re: Gavin Anderson warned of the transaction and fees crisis
by
salihno71
on 11/12/2017, 16:27:45 UTC
It was to be expected since the fees are denominated in bitcoin. Imagine how it will look like if the bitcoin reaches the 100000$? Fee of 100$-200$. So with this in mind it's clear that bitcoin will not be used as a payment means but purely as a value store until fees are severely reduced in btc.