Post
Topic
Board Bitcoin Discussion
Re: Damn fees!
by
Cryptosaint$
on 05/01/2018, 17:07:58 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?

Maybe tell them to enter the market through some altcoins. No one talks about altcoins enough. They were created for this very reason. Other coins have transaction fees that are literally cents. and the times are insanely quicker.