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RE: August to be a BREAKING month for Bitcoin ?
Great article KC, it will be interesting to see how it plays out. 👍
In the meantime, confirmation times and fees are now annoying as hell. If we could get back to blocks with room enough for all transactions, and fees under 50 cents I would be a bitcoin lover again.
Oh ive made posts on fees and such before, we cant do much on those now
Yes that's true, which means I'm hoping to see other crypto for daily transactions. It's hard to spend $4 in fees if I just want to spend 10 or $15 and play a little bit at a casino, or cash out other crypto to debit card.
... But anyway I guess I went in a whole different direction 😆
Fees are annoying, but small fees after SegWit will also mean small income for the miners. MIners keep the wheels turning and the transactions going. If they move away.....like on LTC......
Fees are beyond annoying they are way too high. I mined when fees were about 5 cents.
Smaller transaction fees depend on less competition for blockspace and it remains to be seen what the actual ratio of off-chain and on-chain users will be.