Post
Topic
Board Bitcoin Discussion
Re: Damn fees!
by
CASTIEL05
on 27/01/2018, 09:56:46 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?
Bitcoin fees is now tragedy for those who want to invest with it. Most of the time, small investors affected much by their fees. Almost half of the amount will cost just for transaction fees and it is hard for us small investors only.
I hope lightning network will solve this current problem about btc.