Sorry. Miners don't set the fees. Users do.
They are the ones benefitting
Topic: Miners will now remove your profits - page 3. (Read 396 times)
They are the ones benefitting
Sorry. Miners don't set the fees. Users do.
Look at it with clear and open eyes.
We now have people in here paying 60-88USD transaction fees, and are still not sure to get the transactions confirmed.
This is because the miners now know that the collapse is close. Therefore for them to make as much money as possible the fees become extremely high. They win on this two times:
Partly because the BTC investors have to pay astronomical fees
Partly - and more importantly - all the small BTC investors simply cannot pay these fees without losing their whole investment.
Small BTC investors are therefore now becoming "locked" and cannot get out while the miners try to get their profits up as much as possible before the collapse.
Think about it - if the miners truly believed this would continue, they would not destroy the system by increasing fees so much. But they know the collapse is coming, and are now cashing out while trapping the smaller investors.
GTHO
We now have people in here paying 60-88USD transaction fees, and are still not sure to get the transactions confirmed.
This is because the miners now know that the collapse is close. Therefore for them to make as much money as possible the fees become extremely high. They win on this two times:
Partly because the BTC investors have to pay astronomical fees
Partly - and more importantly - all the small BTC investors simply cannot pay these fees without losing their whole investment.
Small BTC investors are therefore now becoming "locked" and cannot get out while the miners try to get their profits up as much as possible before the collapse.
Think about it - if the miners truly believed this would continue, they would not destroy the system by increasing fees so much. But they know the collapse is coming, and are now cashing out while trapping the smaller investors.
GTHO
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