Post
Topic
Board Bitcoin Discussion
Re: Why is bitcoin price not dropping when sending fees are so high?
by
hahahafr
on 14/12/2017, 22:37:20 UTC
Of course, if you are holding more than one bitcoin, and you bought that bitcoin at $200 (let's assume)

Would you sell those bitcoins when the price has already made x100 and you have to pay $20 or $30 for fees?

Cause when you are hodling you don't care about transaction fees.

I have seen that a lot of people were desperated for withdrawing their money.

There was a guy who withdrew more thn $50,000 and he paid fees worth of $3,000 to make his transaction go through, that is a bunch of money and i would never spend that amount just for "fees".