So I've been using BitCoin on and off for the past year or so, and I've noticed the trend for processing fees to go sky high during peak times and still fairly high at all other times - the fees for small transactions are ridiculous. And yes, I know that you can customize the fee and set a lower amount manually because the network just automatically assumes a high fee. The problem is, everytime I've done this, the miners take weeks to confirm the transaction. Some transactions have never been confirmed and disappeared into the ether.
It just seems like this whole bitcoin thing is not for the little people (not leprechauns) and intended more for the big spenders. It's too bad, because it's really useful for making payments on various platforms where normally you'd need Paypal (I hate Paypal, though it is fairly cheap to use).
My money is stuck in limbo... Does anyone know how long it takes until low miner fee payments clear and/or get returned to wallet?
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