Post
Topic
Board Bitcoin Discussion
Re: Damn fees!
by
aeternus
on 27/01/2018, 04:35:36 UTC
Fees and slow transfers are killing BTC.
No, the high fees are killing the usage of bitcoin as a currency but are not killing bitcoin in the overall sense, bitcoin is very much alive and well, but there is no doubt we need to solve that problem asap if bitcoin wants to make an impact in the next years especially since it seems a lot of money is going to be invested in bitcoin in the next years.

Bitcoin fee is no doubt very high but it is not killing bitcoins in any way. People are trying to find ways to cut the fee low but the main problem is with online wallets and exchanges which are charging very high bitcoin fee even for small transactions. Other than that people can customize the tx fee from their desktop wallets etc.
Then people need to stop to use online wallets, I have never seen the point anyway, most people are carrying smartphones that are just small computers that you can use as a phone as well, why people do not install a wallet there if they want to have access to their bitcoin? Now if you are a trader then you have no option but to use exchanges and pay their fees but if possible stop trading that much and become an investor not only is easier the profits are better too.