Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
marcelus
on 24/10/2014, 14:27:22 UTC

Bitcoin's transaction costs, if Satoshi's statement that BTC price should tend toward BTC mining costs, is currently ~10% of Bitcoin's market cap.  Imagine if 10% of the world's wealth was destroyed yearly on transaction costs Cheesy


Destroyed. LOL.