Bitcoin Forum > Bitcoin > Development & Technical Discussion (Moderators: gmaxwell, achow101) > High transaction feesSmall purchases are impractical. This is a problem.
For that reason alone Bitcoin is over rated. I'm not surprised it is crashing and dragging the alt coins down with it. Now I realize why Bitcoin hard forked into Bitcoin Cash.
https://archive.is/zIioX#selection-267.3-489.175This blatant Bcash shilling is off-topic in Development & Technical discussion. I am reporting it to the moderator with the suggestion that it be moved to a more appropriate dumpster fire. Please at least keep
your stupid trolling on-topic in the future. Thanks.
P.S.,
I will not buy bitcoin unless transactions fees can be reduced. I don't have long term confidence in Bitcoin. It has a growth limit because transaction fees will increase with it's growth.
I have concluded Bitcoin is flawed unless you are rich and always make large purchases. I once considered buying bitcoin to purchase cannabis seeds overseas. Not anymore. It is not worth it because of the transaction fees. Add the volatility of the price to that. Why? Why would I bother? I think many others will conclude the same.
Please
don’t buy Bitcoin. Bitcoin does not need you and your drug purchases. Go away.
Intelligent people know that Bitcoin’s base layer competes with wire transfers, not Visa, and use it accordingly. They probably have more money than you do, so Bitcoin will get along just fine without you.