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Topic
Board Service Announcements
Re: Cloudhashers - custom mining contracts starting from 0.01 BTC
by
Max.B
on 08/07/2014, 17:20:01 UTC
And who are all the complainers about transaction fees? Sounds like a crock of sh&t to me.

You feel this way because you are a complete bitcoin novice.

YOU DO NOT UNDERSTAND THE PROBLEMS OF EVERY HOUR PAYOUTS. This makes investing small amounts, say 0.01 BTC totally unprofitable because of transaction fees.

So now cloudhashers is "working" on converting everything to once a day payouts, which will make investing  small amounts like 0.01 BTC profitable.

If you do not understand this, then again, it is because you are a complete bitcoin novice and a frightfully strident one at that --the worse kind.

I'm a novice too. This thing about fees is a very crap. And this is just another of many reasons that why btc will never take off.
So in example, if I receive 0,1 btc with ten incoming transactions, to spend 0,1 I have to pay ten transaction fee? This is the most ridicolous system to cash and spend money.
Probably after the speculative bubble of this year, btc will decrease his value close to Zero, because this bullshit make wallet menagement not clear for most of people.. bah maybe I'm wrong..