Post
Topic
Board Economics
Merits 1 from 1 user
Re: bitcoin transactions costs in the future
by
stompix
on 30/05/2019, 08:00:34 UTC
⭐ Merited by Betwrong (1)
I really do not complain about BTC transaction costs. I am a trader and I have many ways to avoid BTC trading but money can still come back to my wallet very quickly. For example, if you are trading on an exchange, you are holding 1 BTC. You can divide it and sell it at altcoins with low transaction fees like Nano, XRP, LTC, ETH, CS, ... then we can convert to 1 wallet and everything will become very simple. Grin

You call that simple?
You first sell your BTC for altcoins, you pay fees, you also have to set up wallets, and...you end up with shitcoins!!!

Most of us are concerned about sending BTC and receiving BTC not converting into some shitcoin.

What am I going to do if I want to send somebody some bitcoin, send them to an exchange...convert them to an altcoin, send the guy the altcoin then he sends to the exchange and converts them to BTC ...and he withdraws?
Paying twice the fees for BTC, twice conversion and withdraw fees?
Calling that simple!!!!!