Quote from: gambitcoin53 on January 24, 2018, 01:34:28 AM

Quote from: Schmolke on January 23, 2018, 07:59:39 PM

Only a few years ago we had a growing number of shops here in berlin that you were able to buy food and/or drinks from for bitcoin. Right now there are no more of these stores left. And most of the sellers I used to buy things from on the big marketplaces now refuse to trade bitcoin too and changed to etherium. I know for those people that think that bitcoin is the new gold it is not that bad but bitcoin was "released" to be something completely different. Right now bitcoin is no real crypto currency at all. Buy a coffee for 2,5 bucks and pay 25 bucks fee.... sure.......... In my opinion bitcoin completely failed because of these fees and I sold every last satoshi and invested in other crypto currencies. Is there a single reason to stick to bitcoin? If yes, please feel free to tell me!

who would you buy a coffee using bitcoin? dont you have cash, lol but i see your point, your example are too simply not to be ridiculed at, sorry. As for the fees are concern, true, it does make bitcoin fall (partly) though it is not the main reason for this fall on bitcoin, you have to consider the trend which newbies follow. the fees are already there and given, that is how trading goes when you deal with exchanges. maybe the stores in your place only tested bitcoin's capabilities to compete with fiats. they are also experiencing hassles in their own exchange sites, so they stop and the other stores follow. what matters is what you believe, believe in bitcoin and make other investors to rely on bitcoin too. do not post negative stuff like this, the only way for bitcoin to go up again is to keep it for a while and make room for law of demand.

Yes, that is not the main reason for bitcoin's current fall but anyway those high transaction fees are one of the major obstacle that btc was struggling with. His example is actually right. When the blockchains are integrated to our life completely and even if you buy very cheap things you'll have to pay way more.

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