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RE: Bitcoin Transaction Fee is Too Damn High!

in #bitcoin7 years ago

... probably only going to go up, the miners will eventually be paid completely by fees. Bitcoin isn't really the best solution for everyday spending, slow expensive transactions make its usecase more like a long term storage of larger amounts of value. Other blockchains are more suited for the microtransaction world of everyday spending. Bitcoin has its value and usecase as do many other cryptocurrencies. its an everchanging landscape out there, keep researching! =)

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The transaction fees might keep going up but with it, but it seem to be causing the price of bitcoin to decrease. If the price can't remain stable or increase, would people trust it to store a large amount of value?