RE: Will bitcoin's value go up, up, up because of the scarcity of bitcoin?

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Will bitcoin's value go up, up, up because of the scarcity of bitcoin?

in bitcoin •  7 years ago 

bitcoin is the originator and will always be remembered but i believe it will rest in peace. the fees are ridiculous

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Is that bitcoin's fault or this that people taking advantage of the popularity of bitcoin and doing the exchanges between fiat currency and bitcoin? When I look at my break down in fees when I buy bitcoin, the cost fee from the blockchain is actually low. It's the exchange I'm using that tacks on additional fees backing it prohibitive. Or, am I being a newbie about this and this is not the case?