Altcoins Talks - Cryptocurrency Forum
Archive => Sorting Box => Topic started by: Rabia on August 22, 2018, 10:47:47 AM
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90% of all bitcoin owners have less than 0.1 BTC each
the fees to transfer $100 worth of BTC cost around $25. that is outrageous
that means 90% of the owners cant even afford to transfer their coins without losing a lot of money
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Yea that's true, those that can transfer Bitcoin without losing more more are those who have the bitcoin in their personal wallet while Exchangers charges a high fee, but other services for transaction accelerators help out and reduce cost, services such as viabtc
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90% of all bitcoin owners have less than 0.1 BTC each
the fees to transfer $100 worth of BTC cost around $25. that is outrageous
that means 90% of the owners cant even afford to transfer their coins without losing a lot of money
I hope there is a way to lowering the fee of bitcoin transaction. The current fee will not good for daily transactions
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Yea that's true, those that can transfer Bitcoin without losing more more are those who have the bitcoin in their personal wallet while Exchangers charges a high fee, but other services for transaction accelerators help out and reduce cost, services such as viabtc
It should be done something about that! I personally don't want to wait a week and pay 35% fee.
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Maybe it is the effect of mining banned in China but not sure when this problem going to solve if the price keeps increasing then it is not good for the bitcoin future. This muıch transaction fee is not really sustainable. People will continue to buy due to FOMO and thinking it will go up forever.
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Has anyone been learning on coinratecap blockchain guide?
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90% of all bitcoin owners have less than 0.1 BTC each
the fees to transfer $100 worth of BTC cost around $25. that is outrageous
that means 90% of the owners cant even afford to transfer their coins without losing a lot of money
Yes its true and i hope that some one can really help to review its transaction fees to benefit the people who own small amount of BTC in their wallet.
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That's one of the reason why I don't like do transactions using bitcoin.
I prefer use altcoins like stellar, ripple, doge, achain, and so on for transfer purposes.
I just stock my bitcoin on my trusted-local-exchanger, so I don't worry about the fee
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That's the scaling issue bitcoin is now facing. The Bitcoin fork Bitcoin cash seems to answer this and also decrease its transaction fee. If you're transacting, avoid bitcoin if possible.