Quote from: bitcurve on Today at 06:40:27 AM

Quote from: passwordnow on November 30, 2024, 08:52:32 PM

Quote from: bitcurve on November 30, 2024, 06:45:58 AM

And it's overpriced.

Alright, I get it why you've said all of those things about Bitcoin and that is because you're unable to afford it because it's priced in at $90k and up and likely to break $100k anytime soon.

It's not the first time I've read someone told all of these tales about Bitcoin, a ponzi, a pyramid scheme, not going mainstream, it's dark web, it's for illegal transactions. But you don't play blindfolded when there are financial institutions that have applied for BTC spot ETF and they've been approved and being traded now. So, I think it all falls to that quote of what you've said that it is already overpriced based on your situation for which it will increase more within the next months to come.

I was referring to the transaction / operation cost.

Transaction fees and cost, they're high compared to the others. But the value of each satoshi is increasing based on the demand that it's getting and that reflects to the price of it. So even if the fee will be costing 1 sat/vB, it will still become expensive or overpriced based on the equivalent of it in dollars because of the continuous high price of Bitcoin. And there's a reason behind the operation cost, the miners and we can say that it also contributes to the value of it.