Despatched some BTC the opposite day. Value about $5. I bear in mind over the past bull run I used to be paying $30, and had some transactions take days.

This can be a nice use case for digibyte, 15 second block time.

Hopefully individuals will begin to see the worth on this as btc turns into ridiculous costly, and overloaded with unconfirmed transactions once more.

https://jochen-hoenicke.de/queue/#0,1w




View Reddit by jimbo8286View Supply

bitcoinBitcoin
$
10,571.91
$
10,571.91
0.22%
ethereumEthereum
$
173.30
$
173.30
0.59%
rippleXRP
$
0.255585
$
0.255585
1.32%
bitcoin-cashBitcoin Cash
$
292.50
$
292.50
0.06%
litecoinLitecoin
$
65.23
$
65.23
2.68%
tetherTether
$
1.00
$
1.00
0.16%
binancecoinBinance Coin
$
22.59
$
22.59
4.57%
eosEOS
$
3.27
$
3.27
0.99%
bitcoin-cash-svBitcoin SV
$
130.63
$
130.63
0.99%
cardanoCardano
$
0.044398
$
0.044398
1.85%

2 COMMENTS

  1. Fully agree, fees have been ridiculous recently, even though there doesn’t seem to be as much attention as Winter 2017. I think there will be a mass exodus to alternatives if it keeps up, their scaling strategies haven’t worked at all.

  2. People are using it for that very use case every day. Every single transaction on the DGB blockchain is someone transferring value somewhere. Maybe I’m reading into your post a bit, but this does not affect the overall price of the coin. The only way the value of the coin goes up is if people put money into the blockchain and don’t take it out. As soon as they take the money out the price should go down again. In a way its a little like a ponzi scheme. You need more and more investors to put their money in and never take it out for the price to maintain. Otherwise through the creation of new coins the price should slowly deflate at least until no new coins are made.

    I’m not at all saying that DGB or any other coin is a scam by comparing it to a ponzi scheme. I’m simply saying that using DGB as a transactional coin to transfer funds will not increase the price.

Comments are closed.