Post
Topic
Board Speculation (Altcoins)
Re: Bitcoin is best at 1k
by
darito21
on 19/01/2018, 21:36:06 UTC
I dont agree with the price, but yes with the fees/miners problems.
I was almost held during 1 month because I couldnt made a single transaction coz of fees. (I received 100s of micropayments in my Trezor, so each of them was at least 192bytes to pay fee for, I tried it and it would cost 60% of the amount to send) I hate fees, even now that are cheaper, its eating 6-9% just to send a transfer.

Now, I was able to move most of this microbalances, but believe me I needed to add my private seed to Electrum and select exactly from what address I wanted to send money from and discard every single change address with small balances (less than 0.001) because fees just eat the whole balance. I actually have about $2,500 deposited into change-address waiting for the lighting network so I can at least recover this money, by the way, this money was like $4,500 when the fees probem appeared in December.

Now, everytime I want to move money from exchanger to exchanger I do BTC-LTC / exchanger / LTC-BTC again...

And forget about small payments, I needed to move all payments from BTC to PayPal or Credit Card...

I really hate how the miners from China abused of this system, but I love BTC  Grin