RE: A 'Cashless Society' Where Bitcoin Trades at 50-100% Premium [VIDEO]

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A 'Cashless Society' Where Bitcoin Trades at 50-100% Premium [VIDEO]

in cryptocurrency •  7 years ago 

BCH tx's cost $0.0001. Therefore, bitcoin seems cheap to me. Sorry to hear you had such a bad user experience on a fork of the original bitcoin chain, try BCH :).

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Fees might seem reasonable now, but the real problem is this; with accumulated congestion on the Bitcoin blockchain, it leads to a bidding war over block space. Last year fees were known to exceed $30.00 per transaction. No thanks. I think I would prefer to transact with 3rd gen blockchains.