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RE: A Review of a Few Fundamental Metrices that Drive Bitcoin Value and What They Currently Indicate

in #bitcoin7 years ago

Great post,the fees are now low,i moved sum btc yesterday for 20 cents!!!much better than 20 dollars!!!

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Yes that metric does directly feed into the sentiment on bitcoins. And yes 20c is way cheaper than using bank wire or Western Union or most alternatives in fiat. People know what technology works for them by the results they see and that's why bitcoins had value in the first place, even while some in the mainstream missed it and declared its value baseless. But yes it still also does have some issues its working through.

Awesome, Nice work