Scalability and fees are not a problem in bitcoin
This whole idea became a market to fool people and make them buy vaporware such as bch and nano.
As mentioned above , fees already low. Just made a transaction with 1 Satoshi per byte yesterday,and it was confirmed in less than 20 minutes
Topic: Lowering transaction fees will promote the use of bitcoin and adaptability? - page 4. (Read 663 times)
January 28, 2019, 07:49:39 AM
January 28, 2019, 07:46:39 AM
Transaction fees are already low enough and that didn't attract potential users and services to use bitcoin still, so perhaps the problem doesn't lie on transaction fees alone and there may be an even greater cause that we don't know of. One thing I see is probably the volatility of bitcoin that makes it an uninteresting asset to hold and payment to accept knowing that it could always go down or up at any given time. Another is the lack of services/platforms to use bitcoin on, and the first reason I see is connected to this one so idk how would we be moving from there.
January 28, 2019, 06:36:27 AM
I know that the topic I made is very common and I just want to revive it here with new discussions since time flies so fast and we should adapt the new trend especially with the crypto market. Now, it seems that investors had gone for a while for not playing trading with bitcoin and it made at some point where bitcoin stabilizes in terms of its market price. We know that many are expecting it that somehow bitcoin market may gone good. Yet, only few are using bitcoin and promoting its purpose to eradicate high transaction fee through Peer to peer transactions. Probably only few are using bitcoin for this purpose because instead it can lower transaction fees done by the banks it made even more gone expensive because after bitcoin exchange it will undergo fiat exchange to which it will cost another transaction fee. Is there anything that this will be minimized and promote the use of bitcoin? Lowering transaction fee may do I suggest.
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