Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Rabia on August 22, 2018, 08:04:09 PM
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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!
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I mean you're right, but bitcoin isn't really meant to perform tiny transactions. It's not really ideal as a currency either. I think the transactions are a little too expensive, but if they're too cheap people could overload the network and stop anyone from transferring anything. Granted, it would cost them money but there's a fine line that you'd have to walk with that sort of approach because it may still be worthwhile for competing coins to screw up a competitor's network. Fees should be cheaper, though, I do agree with you there.