Post
Topic
Board Bitcoin Discussion
Merits 3 from 1 user
Topic OP
It is pointless if the BTC fees increases along with rise in BTC price!
by
so98nn
on 27/12/2020, 08:35:13 UTC
⭐ Merited by nutildah (3)
The title is applicable to small transactions and not the big fish category (ex. 1000k, 10k or more)

I have observed many times whenever there is rise in the price it will proportionally increase the fees as well. BTC becomes useless if I want transfer my coffee bill worth $5 or lets say lunch of $50 bucks if I have to pay more than 10-15 USD for single transaction.

It feels like I am literally overpaying for the little transactions.


The problem is it's unfair system if we want to make quick payments for daily usage.

For those who are just here to earn money and play in thousands and thousands bucks won't feel it at all.



When do you guys think the fee structure will be harmonised at all the time points and price ranges?