What good is it if the fee is higher than what you have in the wallet?
When the banks are cheaper than btc, something is wrong.
Lots of money still to be made in btc, but it won't be the ultimate currency, imo.
My questions revolve around what value does it store?
IF only banks, hedgefunds, and gov'ts hold it, and nobody uses it for a currency, how does it maintain its value?
Those folks don't send money back and forth, very much.
No, I see btc going down, from what peak I can't tell you, but without utility beyond numbers on a ledger, I don't see it as a viable long term investment.
It will certainly be many years in the playing out, but the trend I see is that folks will use the coins they are comfortable with and the others will perish.
The ones most successful over the next couple years will likely be the ones that survive the longest.
Presuming, of course, that nobody reads a book and discovers why we have to have workers, but we don't have to have dollars.
https://theanarchistlibrary.org/library/petr-kropotkin-the-conquest-of-bread
The fees are not that high, maybe you are mixing up something - or are using the wrong trading places.
My experience with btc fees is from 5 years ago.
I understand that measures have been taken.
The thing that won't be changing is buying into btc guarantees the hierarchy.
I will never be a btc whale, absent some other whale dumping his bags on me.
Most of us will never be whales, period.
Why would I buy into a game that I can only lose at?
I will never have enough to manipulate the markets in my favor, and the people with enough to do that are unlikely to stop.
Btc is ded.
But, don't mind me, still alot of money to be made in sh*tcoin.
Even xrp has big profits left to be wrung out of the suckers.
Don´t agree. It is still very worthwhile to buy BTC little by little over time and use dips like recently.
No need to try to become a whale, but that shouldn´t dis-encourage you from building up some of your wealth in an inflation-proof alternative.