Well then can Bitcoin remain at 50k in the future even with a large number of bitcoin users or will it go down in price with time?
Because now they say a small transfer of say $200 can cost around $30 in transaction fee...so that can't be useful if Bitcoin remains at 50k in the future.
Because now they say a small transfer of say $200 can cost around $30 in transaction fee...so that can't be useful if Bitcoin remains at 50k in the future.
That is a possibility but at present analyst are predicting btc to go above $100k and if that happens I assume the transaction fee will go even higher and so will be the confirmation period will also take longer time, at the end btc is not too different from the fiat system base on this aspect,
At the moment sending small amount of fiat seem more cheaper than using btc or eth, they both fail in this aspect, eth especially.