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RE: Bitcoin is no longer a viable payment system
I wanted to buy an alt-coin quickly so I dumped 100$ CAD (about $80 USD) into Coinbase BTC to trade for the alt and quickly realized how I got ruined with $15 fees. I should have bought Litecoin as an intermediary instead of Bitcoin. One of the main problems right now is that the Bitcoin speculators absolutely do not care because they let their coins sit on Coinbase and they never use it so they never get to pay those fees.