Just paid 23 cents on a $3.74 transaction. When does it end? $1.00 per transaction? $2? $5? I don’t wanna stop using this peer to peer currency, but I’m fast being priced out of it.

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1 BTC = $49104.17 USD  (via Coinbase)
1 ETH = $4180.98 USD  (via Coinbase)
1 LTC = $151.54 USD  (via Coinbase)
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Title says it all. A month ago I was paying 13 cents a transaction and even that felt expensive. Now, buying crypt of the necrodancer on steam(where I do most of my bitcoin shopping), I paid a 23 cent transaction fee. So, are there any solutions in the pipeline or are users just going to take it? Is there a better peer to peer network I should be looking at? Etherium(sp?)? Litecoin? None of these have the network effect yet, but I could see myself moving if there was a better(more affordable) payment network. How is this going to be the currency of the poor and unbanked if all the poor are ever paying is fees?

submitted by /u/amendment64
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1 CRYPTO

Crypto News & ICO Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

Ticker

1 BTC = $49104.17 USD  (via Coinbase)
1 ETH = $4180.98 USD  (via Coinbase)
1 LTC = $151.54 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

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