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I guess it doesn't depend on the wallet. By the way, most wallets offer you settable fees, like Ownr I use.
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How is Coinbase IPO related to Bitcoin bullrun?
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How can it be bullish for Bitcoin? Even is the discovered method isn't expensive, "synthetic gold" will never replace "genuine" one. For example, lab-created diamonds didn't replace natural diamonds. Despite they look nearly identical, lab-created diamonds are almost 50% cheaper. However, the lab-created diamond doesn’t retain any value. It can’t be resold to a jeweler. The situation with lab-created gold is the same.
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This is the best part of the interview You speak to most people that are asking me to put money in bitcoin, they can't even tell you who the person was that developed it I bet Rosenber knows nothing about Satoshi and his decision to stay anonymous. |
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Today I was amazed at how low the commission was when transferring 0.07 bitcoins. Only 192 sat !!! The transfer took about 10-20 seconds. It's very, very cool. About $ 650 for $ 0.017 - this is something! Bitcoin is the future!
The things have changed a lot since 2018. Now the average transaction fee is about $12. |
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But I'm afraid that it will be the start of centralizing ( slightly ) the bitcoin. From any moment, if every government turns their back with cryptocurrencies these companies will be force to sell it all out leaving the whole market in awe.
Even if these companies will be forced to sell their Bitcoin, there are several times more coins in the circulation. |
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There aren't many stores accepting Bitcoin as a payment method, so Bitcoin has a reputation of money for shadow economy. That's why cases when Bitcoin is used by criminals are always investigated.
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The world were moving towards "the more digital age" before the pandemic. Even if the covid collapse hadn't happened, the world would have become digital one day. The pandemic hastened this process only.
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Now Bitcoin can't serve as a medium of exchange in some small towns, but there are many places where it's accepted. That proves Bitcoin has a big potential to become "real money".
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I trust ETH more. It's the second-largest crypto by market capitalization, has been existing for 5 years. Ether has a good background and it isn't owned by an exchange.
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Bitcoin may serve as a good investment tool, but it wasn't made for investors only.
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I thought such advice is evident like a recommendation to keep your private key safe.
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Don't compare Bitcoin to gold. They have completely different natures. Bitcoin is too young to be so stable.
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An alternative to the debt based economy is the system where has inherent value, such as a gold standard. I don't think that Bitcoin backed money is possible.
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If Bitcoin was centralized currency, Satoshi would be able to stop it one day. Due to the decentralized nature Bitcoin is unstoppable.
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Totally agree. Bitcoin maximalists aren't different from gold maximalists. Both of them dwell on the past.
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You can say "cash is trash" and "Bitcoin is the king" 100 times, but when you go for shopping, you have to pay with fiat, you get salaries in bucks. So maybe cash is trash, but it's irreplaceable "trash" now.
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There is no Bitcoin ATM in my country. I'm interested if buying Bitcoin via ATM is more convenient than using online crypto exchanges.
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Kraken exchange is famous for its low fees. Is it really so? I will be pleased to see only honest reviews here.
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