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RE: I think the btc fee plan might backfire and BCC will be king in 2018.

in #bitcoin7 years ago

@aggroed While I don't really support Bitcoin Cash, I cannot deny the huge fees that BTC is seeing right now, and the lack of any "roadmap" or even a remote resolution to this issue, which makes me think that there will be no fix anytime soon. Right now I feel that BTC is almost unusable. I've spend $120.00 in TX fees to send the remaining $420.00 to Binance, where I just took some altcoin positions for trading. That's like 25% fee bro ... it's unimaginable.

I have completely converted all of my BTC to altcoins, and will start to pursue projects that I find worthy of my investment for the long run, such as STEEM, NEO and probably just replace BTC with Litecoin as a "store of wealth" currency.

I honestly don't like to shill my own shit, but here's the link to my post from yesterday where I actually express my feelings about the fees, and about what the future holds for the crypto space. I am sure you'll find the contents valuable: https://steemit.com/bitcoin/@lifewithcrypto/bitcoin-fees-and-how-i-lost-my-faith-in-bitcoin-what-are-the-alternatives

PS: A resteem would mean a lot more to me than an upvote on the post, just to share my thoughts with more people, and hear about their opinions. Thanks!

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