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RE: Bitcoin Bounces Back Again - Beginning Of The End... Or Bump In The Road?
The current transaction fee's make the 'classic' Bitcoin basically unusable for the normal consumer.
A few months ago I could buy $80 worth of BTC to buy some extra Steem. Today the transaction from fiat-to-BTC service to the exchange would take up most of the funds by the transaction cost alone.
It's not worth it anymore, unless you are moving thousands of dollars. Which is a very risky venture for the average household.
Totally agree. There a lot better alternatives to move money around - STEEM for example is great for such purposes (and not only).