With transaction fees that high, it's only a good trading vehicle if you're in over $5k. But is it over as a useable 'currency' to make those small casual transactions Satoshi dreamed of? I guess like everyone else I'll just have to stare into my crystal ball for the answer to that one! And like everyone else, wait to see if the lightning network will bring the much needed changes.
Some exchanges offer off chain trading, ie. gdax.com (the same company as coinbase, but coinbase charge fees). With limit order, you can trade them free.
Thanks, I finally found my way to gdax having made the costly mistake of trading through Coinbase, if only I'd known then what I know now!!!!
Sadly that doesn't help get round the Bitcoin transaction charges but who knows what will happen there and gives me more incentive to research some more alt coins
With transaction fees that high, it's only a good trading vehicle if you're in over $5k. But is it over as a useable 'currency' to make those small casual transactions Satoshi dreamed of? I guess like everyone else I'll just have to stare into my crystal ball for the answer to that one! And like everyone else, wait to see if the lightning network will bring the much needed changes.
Some exchanges offer off chain trading, ie. gdax.com (the same company as coinbase, but coinbase charge fees). With limit order, you can trade them free.
Thanks, I finally found my way to gdax having made the costly mistake of trading through Coinbase, if only I'd known then what I know now!!!!
Sadly that doesn't help get round the Bitcoin transaction charges but who knows what will happen there and gives me more incentive to research some more alt coins