Post
Topic
Board Bitcoin Discussion
Re: It is pointless if the BTC fees increases along with rise in BTC price!
by
bryant.coleman
on 18/01/2021, 06:23:29 UTC
Back in 2012, when I first got cryptocurrencies in my wallet, the transaction fee for Bitcoin was around $0.01. Now it is almost 500 times that amount. And if the trend continues, within the next 3-4 years we will be paying $100 or $200 for a single transaction. Lightning is not the solution for this. The only real solution is to increase the block size. Miners are going to oppose, but for the greater good this should be done.