You are viewing a single comment's thread from:

RE: War on Cryptocurrencies Has Begun. Time to be Proactive. | Vlog #95

I disagree. Whenever I buy and sell and transfer BTC It seems there is always a transaction fee much higher was like 0.001 BTC So in practically it seems to me that buying less than 0.001 BTC (0.0001, 0.00001, 0.000001, 0.0000001 etc) does not work as you will pay a higher fee to move the bitcoin than the amount you buying. Just my experience. Same problem with the alto coins. I have 0.0009 Ether stuck in one wallet because the minimum to move it is 0.001 so like with BTC the idea of buying 0.0001 even is ridiculous. Just my experience.

Sort:  

Consider it an exaggeration to hammer home the point. In actual reality 0.00000001 btc is probably less than 1/1000th of a penny right now (I didn't do the math on this exactly either). But in the future if whatever label crypto this currency goes under becomes the next Google of finance, then one Satoshi will be approximately equal to one penny.