Cryptocurrency

[milanbenes]

you mistake me.
I'm not arguing for or against. That would be futile as it does exist and isn't going to go away. Ditto with fiat currency.

There seem to be people who don't know what it is, or how it works (bitcoins and fiat) but still argue the pros and cons with great confidence.

oh dear Lance

Milan.

[BR14]

the fees you pay are set by your choice. The higher the fee the faster your transaction is processed by the miners. No fee and you could wait a REALLY long time.

As for fees for goods. That's nonsense. The vendor sets a price and you pay it or not. That's not a fee, that's called retail.

Fees for exchanging do exist. And those fees are again determined by the market. You don't like the fee Bittylicious charge then use trade.com, or bleutrade.

so you can exchange proper cash money for coins but incur huge fees going the other way. - what i said, - magic e-beans.

[Lance]

so you can exchange proper cash money for coins but incur huge fees going the other way. - what i said, - magic e-beans.

There's a buy/sell difference. The difference between buy and sell on Bittylicious is 1%. I wouldn't call that huge and it's less than the difference for most foreign currency exchanges.

[FrontEnder]

so you can exchange proper cash money for coins but incur huge fees going the other way. - what i said, - magic e-beans.

What are you talking about? The fees are small both ways.

https://www.kraken.com/help/fees

[northernladyuk]

[Jog On]

Strong bounce at $3k - crazy volatile

https://www.coindesk.com/price/

[FrontEnder]

Strong bounce at $3k - crazy volatile

https://www.coindesk.com/price/

Bought at about $3200.

[Nominally]

whoop!

Here it goes (up) again! If only I could buy/sell fast enough... could have made £500 per coin this afternoon.

[Lance]

Here it goes (up) again! If only I could buy/sell fast enough... could have made £500 per coin this afternoon.

hindsight is the best investor EVER

[scooterscot]

Bought at about $3200.

Well done you - got back into to some BC at 3550 -