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RE: Bitcoin is a piece of shite! $500 tx fee for a $2500 transfer?

in #bitcoin7 years ago (edited)

You mined back in 2009? Jeeezus. I use Litecoin whenever I can to save on the fees; And a while back I found out the Dogecoin is equally fast and has even smaller fees :^)

Bitcoin might be super slow and high txfee but remember that the masses are buying what they can find on Coinbase...

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Just a couple of BTCs lol. Didn't think much of the philosophical and potential stuff back then.

Wait til Ethos displaces Coinbase ;)

how do you think about the price of sbd and steem in early 2018 this?

Many people do that in exchanges. Trade them for Doge and then back to Bitcoin. I had to pay $50 for getting out $300 through one of those ATM-Bitcoin in December. Then I used Coinbase and Chase Bank to receive the money and it was much less. I dont think I will be using the ATM-Bitcoin ever. By the way, those $50 were splitted between Blockchain.info and the ATM-Bitcoin. I am not too happy with many of these abusive sites and people in the industry. Bitflip was charging 3/4 of the money to withdraw bitcoin and there was a chat saying the best way was trading bitcoin for doge to get a lower fee. I am just waiting so all these waves of high fees come down to transfer the money to my seed wallet. Third party wallets are very abusive. We are trying to flee from Bank of America's fees and find a similiar or worse situation here.