Bitcoin Transaction Fees: 31 Percent Think $1 Rate Not Sustainable

in bitcointransactionfees •  8 years ago 

Entrepreneur Vinny Lingham’s transaction fee poll has revealed the community believes $1 fees are not “sustainable” long-term.
1,781 people responded to the poll on Twitter, which asked: “Transaction fees for Bitcoin are now greater than $1 on average, & rising. Assuming no 2017 Segwit/Block size upgrade, is this sustainable?”

Read More At: http://bit.ly/2poIoU0

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8 years ago by

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      ·  8 years ago 

    Transaction fees may kill bitcoin as the standard crypto, by allowing a swift rise of an altcoin to take its place as the digital currency it was intended to be.

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        ·  8 years ago 

      You have a valid point. Don't forget though that the current civil war in the bitcoin community is not helping either. As for cryptos that can take over, think - NEM, Dash, PIVX, and Ethereum to mention a few.

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