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Re: grin is now accepted for forum payments
by
nutildah
on 17/01/2019, 12:11:11 UTC
11 cent is 0.00003064BTC when price is $3,590. Consider the price $20k, more hash difficulties more more btc as payment fees. Multiply that with the rate $20k. This was what happened when bitcoin had it's ATH. In dollar currency people even paid more than $10 for transactions.

If you extrapolate the same 0.00003064 to $20,000 that's still only $0.61. A lot has changed between now and a year ago to help keep tx fees down, in terms of satoshis. The last time fees were this low was 2 years ago, when the price of BTC was about $390.