Post
Topic
Board Bitcoin Discussion
Re: with the high transaction fees btc makes me stronger to hold btc.
by
n0ne
on 10/05/2023, 23:31:35 UTC

1: having expensive btc transaction fees makes me stronger to hold on to btc because I don't want to waste my money on expensive transaction fees.

That's is to say if the fee gets to normal you won't have good reason of hodling. Now that the fee is high I don't think you are hodling but waiting for it to come to normal price.  If you have been hodling the  high transaction fee shouldn't be a reason to make you stronger.  What is suppose to make you to be stronger to hodl should be because you believe in bitcoin and because you know what you want from bitcoin.
The increasing transaction fee is a reason for me to postpone my transaction to cash out bitcoin. I tried with a small fee and the transaction hadn't got confirmed. Bumped the fee little, even after that the transaction hadn't got confirmed. I decided to cancel the transaction, it shows the possibility of double spending. So, I've left the transaction as it is to get confirmed when the transaction fee gets reduced. For now it is two days passed and still waiting for confirmation.