Comment on Gmaxwell's “prove how (non)-fractional your Bitcoin reserves are” schemeparentComments−wmf12yIt's not clear that day traders are willing to pay the fees to put their transactions on the blockchain.−M4v3R12yThey are paying much higher fees for trading on "normal" exchanges. Transaction fee is only 0.0001 BTC, normally you pay WAY more for trading on Mt. Gox/Bitstamp.
Comments
It's not clear that day traders are willing to pay the fees to put their transactions on the blockchain.
They are paying much higher fees for trading on "normal" exchanges. Transaction fee is only 0.0001 BTC, normally you pay WAY more for trading on Mt. Gox/Bitstamp.