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RE: Love coins under a dollar? Think again!

in #bitcoin7 years ago

People get misled by the value of "one coin". It is the MARKETCAP that can give an indication of the evaluation of a coin. The only value in a low price of one coin is if the transfer fee is say 0.0001 units of a coin. Then a lower coin price is good. But if that coin has the potential to go to 10k (based on market cap) then the %-fee needs to change or it will not be viable as a transaction means. Just look at bitcoin, how many want to do BTC transacitons with $15 fees and 24 hour transfer times?!