Post
Topic
Board Bitcoin Discussion
Re: Damn fees!
by
BlackBlue
on 05/01/2018, 07:09:17 UTC
I was telling my friends about bitcoin for almost a year and they decided to enter crypto world and buy some bitcoins.
Not much, 50-100$ worth bitcoins just to start with it and to see how it works.
But here is problem - if they buy bitcoins for 100$ they will get that minus 25-30$ fee and they will pay fee for next transaction, so their 100$ worth bitcoins will become 40$ worth bitcoins. How to explain them this??

Is this really what bitcoin become? Currency used for miners so they can earn more money?

Yes I feel you but miners can't control the fees. The higher the price of bitcoin, the higher the fee will be charge to us. Hoping for the next development of bitcoin they include to lower the fee.