Hi everyone, I only registered to increase the pressure on the bitcoin community with this topic.
Recently I started investing into bitcoin, but nowadays bitcoin seems useless to do small payments or donations, since the transaction fees cost me like 0.003 BTC which is 7.69 eur. (I am not willing to pay such high fees)
If this is not gonna get fixed, bitcoin's growth will be slowed down and less people will be making transactions,
bitcoin will become just an investment commodity and not an everyday currency.
Or eventually the lack of transactions will reduce the value of bitcoin, until 0.003 BTC won't be that much money, which will self-fix the problem. But in that case, many investors will be pissed including me.
I have read about segwit that it could possibly fix this issue and that only ~30% of miners are willing to accept segwit for now.
- Is there any plan for an important fix of the block size capacity or something that will reduce the fees?
- How do you feel about this?
- What can we do about it?