Bitcoin as a Bus

in #bitcoin • 7 years ago (edited)

Fees !!! Man Fees !!!

When last have you made a transaction in bitcoin ?

The cost per transaction is at an all time high at over 800 sat/byte. this is almost a 40% fee per transaction.

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Unfortunately for 'bitcoin believers' myself included, We shouldn't be scared to wake up. Bitcoin is good and will always be valuable however day to day transactions are gonna have to be done on networks that can handle it.

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That "low" fee is pretty darn high.

Fees Man ! Fees !!!

When a low fee cost more than your transaction its time to rethink things.

When it is cheaper to buy bitcoin than to Sell bitcoin you know that something is not right.

#network #investing #information #blog
7 years ago in #bitcoin by
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