Bitcoin Unlimited will execute a proper and successful protocol upgrade with super consensus. TX fees will go down dramatically, Bitcoin scales to meet the demand. Value goes up a lot because value actually went down when the block size debate started. When it ends the value will recover.
I sure hope so because when I had 0.0165btc sent to a wallet who calculates its own amount of the tx fee to send. I had started with $20.25 to begin with (it shows the amount in USD) then after I sent it out from this wallet it ended up sending $19.63 in total taking off 0.0005btc for their transaction fee they refer to as the fee that those miner's charge to send out the transaction that they get none of.
So that is $0.62 in fees alone.
That is a huge amount to charge and I know it is all relevant to the current price of what bitcoin is but still.
I remember when it was $0.14-0.16 for this exact same amount just a few months ago at the end of last year.
What happened all the sudden?
If you had this happen to you then you might start to agree that something like BitcoinUnlimited needs to start being looked at because the miner's on the blockchain are able to charge what ever they like even for those wallets that allow you to modify that fee before sending there is still a limit before they don't allow it to be sent.
And that to me is a monopoly and they know this to be true so they will keep raising those fees cause they know they don't have any competition that is being taken seriously.
Starting to look into BU a like more now as an alternative to having to use the blockchain for my bitcoin transactions all the sudden after this noticable failure with the way things work as they stand now.
