Bitcoin Forum
May 21, 2024, 02:41:51 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 [4]  All
  Print  
Author Topic: The Bitcoin has 'jumped the shark'  (Read 2857 times)
jak3
Legendary
*
Offline Offline

Activity: 1274
Merit: 1004


View Profile
January 12, 2017, 09:51:25 AM
 #61

its sure that nowdays the price and the bitcoin fees are turning into a pain but currently its still payable because we pay more in our local services and with bitcoin we actually getting a good profit + a good servic which has no comparison in the whole world. but soon it will be started to be neglated and bitcoin transactions will be smaller in compared with todays date.maybe we should think of some offchain transactions which can save some fees
franky1
Legendary
*
Offline Offline

Activity: 4228
Merit: 4488



View Profile
January 12, 2017, 10:09:28 AM
 #62

its sure that nowdays the price and the bitcoin fees are turning into a pain but currently its still payable because we pay more in our local services and with bitcoin we actually getting a good profit + a good servic which has no comparison in the whole world. but soon it will be started to be neglated and bitcoin transactions will be smaller in compared with todays date.maybe we should think of some offchain transactions which can save some fees

your thinking of it from the narrow ideal from the euro/american mindset.

40cents is only a few minutes minimum labour in developed countries.

but

40cents is HOURS of minimum labour in MANY developing countries.

being charged 2+ hours labour to buy groceries in any country is a laugh.. and if you think that is acceptable, then please go travel the world


I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
iamTom123
Hero Member
*****
Offline Offline

Activity: 490
Merit: 501



View Profile
January 12, 2017, 10:19:23 AM
 #63

High fees for Bitcoin transactions can be a big problem since this cheap fees is a major reason why people love Bitcoin. However, if in comparison to Paypal it is still competitive then maybe it can still be fine. I am more concerned of Bitcoin's falling value this week.
Pages: « 1 2 3 [4]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!