Bitcoin Fees Have Become Infeasible by maestroq

View this thread on: hive.blog | peakd.com | ecency.com

bitcoin · @maestroq · Dec 18 '17

$2.44

Bitcoin Fees Have Become Infeasible

## Bitcoin Fees Have Become Infeasible

![E705BCAB-01B2-4763-AF04-9BD00D5DEFE6-1068x900.jpeg](https://steemitimages.com/DQmPCHCRAbooVvXvKifnLnjE6szB7ykEWbAbZcNJ5RR2B5H/E705BCAB-01B2-4763-AF04-9BD00D5DEFE6-1068x900.jpeg)

In 2013, one bitcoin cost $20. In 2017, it costs $20 to send one bitcoin.

Read more:
https://news.bitcoin.com/bitcoin-fees-have-become-infeasible/

Feel free to leave a comment below!

👍 extie-dasilva, maestroq, alebeta, makeithappen, vizhins, lidsmadyan, karseevs, davidthienes, creutzy

`author`	maestroq
`permlink`	bitcoin-fees-have-become-infeasible
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin","cryptocurrency","money","blockchain","news"],"image":["https://steemitimages.com/DQmPCHCRAbooVvXvKifnLnjE6szB7ykEWbAbZcNJ5RR2B5H/E705BCAB-01B2-4763-AF04-9BD00D5DEFE6-1068x900.jpeg"],"links":["https://news.bitcoin.com/bitcoin-fees-have-become-infeasible/"],"app":"steemit/0.1","format":"markdown"}
`created`	2017-12-18 08:53:27
`last_update`	2017-12-18 08:53:27
`depth`	0
`children`	3
`last_payout`	2017-12-25 08:53:27
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	2.410 HBD
`curator_payout_value`	0.034 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	405
`author_reputation`	5,924,317,112,668
`root_title`	"Bitcoin Fees Have Become Infeasible"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	23,993,049
`net_rshares`	394,719,441,216
`author_curate_reward`	""

properties (23)vote details (9)

voter	rshares	pct
extie-dasilva	352,003,343,734	100%
creutzy	0	0%
makeithappen	2,554,596,209	1%
maestroq	35,371,969,640	100%
karseevs	563,017,800	100%
vizhins	581,477,400	100%
lidsmadyan	564,734,912	100%
davidthienes	510,749,639	100%
alebeta	2,569,551,882	100%

@alebeta · Dec 18 '17

What you are saying is true, few days ago I posted about using different coins for payment purpose here is the post:

https://steemit.com/cryptocurrency/@alebeta/using-bytecoin-bcn-instead-of-bitcoin-btc-why

All the best

properties (22)

`author`	alebeta
`permlink`	re-maestroq-bitcoin-fees-have-become-infeasible-20171218t153138067z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"links":["https://steemit.com/cryptocurrency/@alebeta/using-bytecoin-bcn-instead-of-bitcoin-btc-why"],"app":"steemit/0.1"}
`created`	2017-12-18 15:31:36
`last_update`	2017-12-18 15:31:36
`depth`	1
`children`	0
`last_payout`	2017-12-25 15:31:36
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	221
`author_reputation`	23,514,749,668
`root_title`	"Bitcoin Fees Have Become Infeasible"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	24,039,820
`net_rshares`	0

@makeithappen · Dec 18 '17

$1.44

Bitcoin is meant for SOV and not so much for regular transactions. There are plenty of better alternatives in order to facilitate P2P payments.

👍 makeithappen

`author`	makeithappen
`permlink`	re-maestroq-bitcoin-fees-have-become-infeasible-20171218t092347449z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"app":"steemit/0.1"}
`created`	2017-12-18 09:23:48
`last_update`	2017-12-18 09:23:48
`depth`	1
`children`	0
`last_payout`	2017-12-25 09:23:48
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	1.081 HBD
`curator_payout_value`	0.359 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	143
`author_reputation`	12,428,879,907,744
`root_title`	"Bitcoin Fees Have Become Infeasible"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	23,995,978
`net_rshares`	232,592,268,440
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
makeithappen	0 B		232,592,268,440	100%

@petrmisan · Dec 18 '17

The possibility of bitcoin being replaced by one of the faster & scalable altcoins is feasible & does not bode well for hodlers

properties (22)

`author`	petrmisan
`permlink`	re-maestroq-bitcoin-fees-have-become-infeasible-20171218t152759110z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"app":"steemit/0.1"}
`created`	2017-12-18 15:28:00
`last_update`	2017-12-18 15:28:00
`depth`	1
`children`	0
`last_payout`	2017-12-25 15:28:00
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	127
`author_reputation`	202,926,361,540
`root_title`	"Bitcoin Fees Have Become Infeasible"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	24,039,339
`net_rshares`	0