Rich Irony that "Traders" Pay High Fee's that Go to "MINERS" LOVE BTC

The reason that the transaction price of bitcoin is high because the value of bitcoin has increased and there are many new investors who is investing in bitcoin.
[ This is urban myth, the problem is that there are too many day-trading bots churning low-value transactions. ]

INVESTORS bring in NEW MONEY and it stays, GAMBLERS BRING IN MONEY AND PULL IT OUT AND PRICE is ZERO-SUM, INVESTORS BRING IN NEW MONEY PRICE GOES UP

Traders BRING NOTHING to BITCOIN except headache for ALL, Investors don't have to pay fee's if they are Patient.

ZEN-BUDDHISM is BITCOIN - Take a deep breath, PUT ZERO into the fee's, and make your transaction, Exhale, your transaction will be confirmed shortly.

Too many assholes day-trading BITCOIN, making $100 bets and bitching about $5 fee's

The way it works is that if you want a transaction u can attached a 'fee' pay a special price and it puts you ahead in the queue

The exchanges (CASINOS) must process their transaction quick so that BIG big numbers on the fee's

Many exchange all competing to be first, so the fee's rise

***

People who just use BITCOIN like a bank, can pay zero fee and wait a few hours.

Thus its ONLY the assholes that are paying fee's.

The funny thing is FEES go to the GUY who found the blocks, so all this money spent by assholes is going to miners. Smiley