What's Bitcoin use case besides speculation? Buying $10 worth of namecheap domain and pay $5 on fees no thanks!
You could currently pay a fee of about 5 cents and be confirmed likely within 3 blocks. https://bitcoinfees.21.co/
Bitcoin Surpasses $4,000, Reaches Another Milestone
21–30 of 92 posts
Re: Bitcoin Surpasses $4,000, Reaches Another Milestone
#22Is it too late for the average joe Software Engineer to invest in Bitcoin?
Re: Bitcoin Surpasses $4,000, Reaches Another Milestone
#23What's Bitcoin use case besides speculation? Buying $10 worth of namecheap domain and pay $5 on fees no thanks!
You could currently pay a fee of about 5 cents and be confirmed likely within 3 blocks. https://bitcoinfees.21.co/
Re: Bitcoin Surpasses $4,000, Reaches Another Milestone
#24Earlier quoted context omitted.
You could currently pay a fee of about 5 cents and be confirmed likely within 3 blocks. https://bitcoinfees.21.co/
Not sure how you came up with 5 cents but I get $1.36: 4000 dollars/btc * 10^-8 btc/satoshi * 150 satoshi/byte * 226 bytes/transaction = $1.356 per transaction
Re: Bitcoin Surpasses $4,000, Reaches Another Milestone
#25Is it too late for the average joe Software Engineer to invest in Bitcoin?
There is an interesting discussion between Hal Finney and Satoshi in 2009 about the possible value of bitcoin. This is back when it was just a random software project, and had zero value: http://diswww.mit.edu/bloom-picayune/crypto/142207 As an amusing thought experiment, imagine that Bitcoin is successful and becomes the dominant payment system in use throughout the world. Then the total value of the currency should…
Re: Bitcoin Surpasses $4,000, Reaches Another Milestone
#26Is it too late for the average joe Software Engineer to invest in Bitcoin?
There is an interesting discussion between Hal Finney and Satoshi in 2009 about the possible value of bitcoin. This is back when it was just a random software project, and had zero value: http://diswww.mit.edu/bloom-picayune/crypto/142207 As an amusing thought experiment, imagine that Bitcoin is successful and becomes the dominant payment system in use throughout the world. Then the total value of the currency should…
Re: Bitcoin Surpasses $4,000, Reaches Another Milestone
#27What's Bitcoin use case besides speculation? Buying $10 worth of namecheap domain and pay $5 on fees no thanks!
Re: Bitcoin Surpasses $4,000, Reaches Another Milestone
#28Re: Bitcoin Surpasses $4,000, Reaches Another Milestone
#29Earlier quoted context omitted.
a decentralized, unseizable, cross-border, deflationary store of value. it's next-gen gold.
Gold wouldn't have this role if there was not substantial consumer and industrial demand for it.
Re: Bitcoin Surpasses $4,000, Reaches Another Milestone
#30Earlier quoted context omitted.
consider some of the up and coming alt coins instead. you can triple your investment in a week. Very unlikely with bitcoin.
Or, considering that these are almost surely zero-sum pump-and-dump scams, you can also lose your entire investment.