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Author Topic: I've Had Enough Of BTC - Converting To A New Currency  (Read 3670 times)
Lucky7btc
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May 17, 2017, 11:58:33 AM
 #1

I've had enough of btc and its rising fees along with many hours of unconfirmed transactions. No one should have to continuously chase fees just to get a quick confirmation. This is insane and madness. This is destroying the business model for those who wish to do e-commerce business using bitcoins.  Which cryptocurrency to you recommended to switch over to and why?

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May 17, 2017, 12:06:43 PM
 #2

I've had enough of btc and its rising fees along with many hours of unconfirmed transactions. No one should have to continuously chase fees just to get a quick confirmation. This is insane and madness. This is destroying the business model for those who wish to do e-commerce business using bitcoins.  Which cryptocurrency to you recommended to switch over to and why?

If you want to shift to another cryptocurrency there are only a few which is good to invest on. If you want to do some research then try to look at the coinmarketcap and you will see the list of potential coins next to bitcoins. You can choose a good coin in the top 10 of the list. You can choose ripple, ltc, ethereum, dash and etc.

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May 17, 2017, 12:11:57 PM
 #3

I've had enough of btc and its rising fees along with many hours of unconfirmed transactions. No one should have to continuously chase fees just to get a quick confirmation. This is insane and madness. This is destroying the business model for those who wish to do e-commerce business using bitcoins.  Which cryptocurrency to you recommended to switch over to and why?

If you want to shift to another cryptocurrency there are only a few which is good to invest on. If you want to do some research then try to look at the coinmarketcap and you will see the list of potential coins next to bitcoins. You can choose a good coin in the top 10 of the list. You can choose ripple, ltc, ethereum, dash and etc.

We collectively need to make a shift. I want to hear everyone input on this matter and which coins majority of us decides to agree upon. We then need to push that coin to more businesses to either add or switch over to. Bitcoin has become a sad aged old dinosaur. No one should have to pay higher fees and/or wait many hours, days, weeks just to receive their monies. We as a community have all the power and its time that we do something about it. RIGHT NOW!!!

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May 17, 2017, 12:12:42 PM
 #4

I've had enough of btc and its rising fees along with many hours of unconfirmed transactions. No one should have to continuously chase fees just to get a quick confirmation. This is insane and madness. This is destroying the business model for those who wish to do e-commerce business using bitcoins.  Which cryptocurrency to you recommended to switch over to and why?

If you have an open business, and the only thing you want is a payment, not "investment/gambling/...." I guess that LTC is a good choice today.  If you want to hide stuff, I'd think of monero.

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May 17, 2017, 01:07:36 PM
 #5

I've had enough of btc and its rising fees along with many hours of unconfirmed transactions. No one should have to continuously chase fees just to get a quick confirmation. This is insane and madness. This is destroying the business model for those who wish to do e-commerce business using bitcoins.  Which cryptocurrency to you recommended to switch over to and why?
You can take a look on ethereum or Ripple.
They solve the actual problems of bitcoin. About the fast and cheap transaction fees. The latest condition of bitcoin network makes not worthy to run e-commerce business.
That will run off the purpose of bitcoin as a micropayment. The main point to take the stable condition of its coin.


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May 17, 2017, 01:15:45 PM
 #6

This is one of the reasons why many people are switching to other cryptocurrency. You need to pay higher fee just to make the transaction confirmation fast. I guess bitcoin is good only for investments. They need to fix this problem. Imagine how painful the fee is when the price surge up to $3k. That's insane.

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May 17, 2017, 01:23:43 PM
 #7

What nature of commerce are you getting up to? You're going to struggle if fiat is involved somewhere in the equation. Coinbase and Bitpay only do BTC, but I seem to remember some sort of Shapeshift integration too.

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May 17, 2017, 01:27:49 PM
 #8

I would recommend JANUS TOKEN because you receive a dividend every month in next and only around 16 million JANUS receive the dividend. There are only 24 million tokens total and right now it's so undervalued. I personally would value it at between 1-10 usd but it's only at around 16 cents a piece, a real bargain if you ask me. If you can own 2 million then you also receive a JANUS XT Token which means you get VIP dividends and earnings.

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May 17, 2017, 01:29:08 PM
 #9

I would recommend JANUS TOKEN because you receive a dividend every month in next and only around 16 million JANUS receive the dividend. There are only 24 million tokens total and right now it's so undervalued. I personally would value it at between 1-10 usd but it's only at around 16 cents a piece, a real bargain if you ask me. If you can own 2 million then you also receive a JANUS XT Token which means you get VIP dividends and earnings.

What can you use it for?

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May 17, 2017, 01:32:36 PM
 #10

If you want some cryptocurrency that is accepted also in real world and has some value that could be easily turned into real goods and services then bitcoin is your only option. And I beleive that high fees and unconfirmed transactions are not the issues that couldn't be solved. Even if you switch to some other currency I beleive that you will come back to bitcoin.


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May 17, 2017, 01:36:04 PM
 #11

I would recommend JANUS TOKEN because you receive a dividend every month in next and only around 16 million JANUS receive the dividend. There are only 24 million tokens total and right now it's so undervalued. I personally would value it at between 1-10 usd but it's only at around 16 cents a piece, a real bargain if you ask me. If you can own 2 million then you also receive a JANUS XT Token which means you get VIP dividends and earnings.

What can you use it for?

You can use it to buy bitcoins Wink.

Nobody uses scamcoins and shitcoins for anything else than pumps and dumps and then claiming their profits in btc.
There are no shops no services no nothing for altcoins.


I've had enough of btc and its rising fees along with many hours of unconfirmed transactions. No one should have to continuously chase fees just to get a quick confirmation. This is insane and madness. This is destroying the business model for those who wish to do e-commerce business using bitcoins.  Which cryptocurrency to you recommended to switch over to and why?

If you want to shift to another cryptocurrency there are only a few which is good to invest on. If you want to do some research then try to look at the coinmarketcap and you will see the list of potential coins next to bitcoins. You can choose a good coin in the top 10 of the list. You can choose ripple, ltc, ethereum, dash and etc.

It's not about "investments". It's about daily use.
And without this there is no such thing as investment.

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May 17, 2017, 01:37:01 PM
 #12

I am not a fan of sports betting.
But few days back, I made some betting at directbet.eu with some small amounts.
I started betting with bitcoin and I found that the transaction fees were eating up almost all my profits. And the delay on confirmation is noticeable.

So someone suggested me to switch to another coin and try..
Then I bought some DOGE COIN and played..
I found No delay on transaction, its almost instant. And the transaction fees were veryyyyyyyy low.

So I would like to suggest DOGE COIN.
Doge is also a old coin and I think it has demand on the market.

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May 17, 2017, 01:42:51 PM
 #13

I can understand people that get annoyed, but there is not much to do at this point either than to adopt to the situation, or look for an alternative coin.

But understand that at some point all altcoins will suffer from the same issues if they end up having to deal with the same level of usage. Altcoins are fine now due to the lack of usage, don't forget that.

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May 17, 2017, 01:51:16 PM
 #14

I've had enough of btc and its rising fees along with many hours of unconfirmed transactions. No one should have to continuously chase fees just to get a quick confirmation. This is insane and madness. This is destroying the business model for those who wish to do e-commerce business using bitcoins.  Which cryptocurrency to you recommended to switch over to and why?

I always need to repeat this, your best strategy is diversification, there is no one single cryptocurrency that is guaranteed to be the best in 10 years from now.

Keep in mind though that any crypto currency currently available will have the same scaling problems bitcoin has if they had the same number of transactions going through them.
dinofelis
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May 17, 2017, 02:18:26 PM
 #15

Keep in mind though that any crypto currency currently available will have the same scaling problems bitcoin has if they had the same number of transactions going through them.

But you can make many crypto currencies !  If all of them take the load of bitcoin, that's a lot more of transactions that are possible !  In fact, you can make as many crypto currencies as you like, so each time one is full, one can make another one.

Now that bitcoin is full, there is for instance litecoin (but you can also use others like DASH, ETH, ... ) to do payments.  When those are full, we can still consume a lot of coins that already exist.  When all of them are full, we can make many, many more.

In fact, with what is out there, we could already scale a factor of 500 or something (the number of coins that are already running).
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May 17, 2017, 02:23:11 PM
 #16

But you can make many crypto currencies !  If all of them take the load of bitcoin, that's a lot more of transactions that are possible !  In fact, you can make as many crypto currencies as you like, so each time one is full, one can make another one.

Then where does the value you want to transact come from? There's no way I'm going to skip to some totally unproven coin if my RapeCoin confirmations slow down.

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May 17, 2017, 02:23:22 PM
 #17

I've had enough of btc and its rising fees along with many hours of unconfirmed transactions. No one should have to continuously chase fees just to get a quick confirmation. This is insane and madness. This is destroying the business model for those who wish to do e-commerce business using bitcoins.  Which cryptocurrency to you recommended to switch over to and why?
You were a fool to think Bitcoin was made for e-commerce, it's been obvious that wasn't the path for years. Go to dash or litecoin for commerce, instant TX and a voting system keeps these fight style debates from dragging on like they have with Bitcoin.

If you are looking for a storage of wealth or need an extremely secure transaction stick with Bitcoin.

I see no issue with using altcoins as daily drivers and converting larger amounts into Bitcoin for investment.

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May 17, 2017, 02:29:58 PM
 #18

I've had enough of BTC and its rising fees along with many hours of unconfirmed transactions. No one should have to continuously chase fees just to get a quick confirmation. This is insane and madness. This is destroying the business model for those who wish to do e-commerce business using bitcoins.  Which cryptocurrency to you recommended to switch over to and why?
I know that feeling, it's very frustrating to long wait long hours for transactions that could get over six confirmations in less than 30 minutes now you have its a game of having your transaction to be among the 100 get accelerated even when you have paid high transfer fees doesn't make a difference

But I believe ethereum is the way to go atm it has a huge supportive community and market is not congested
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May 17, 2017, 02:41:26 PM
 #19

I've had enough of BTC and its rising fees along with many hours of unconfirmed transactions. No one should have to continuously chase fees just to get a quick confirmation. This is insane and madness. This is destroying the business model for those who wish to do e-commerce business using bitcoins.  Which cryptocurrency to you recommended to switch over to and why?
I know that feeling, it's very frustrating to long wait long hours for transactions that could get over six confirmations in less than 30 minutes now you have its a game of having your transaction to be among the 100 get accelerated even when you have paid high transfer fees doesn't make a difference

But I believe ethereum is the way to go atm it has a huge supportive community and market is not congested
Ethereum community already fragmented so decisions could be easier although​ there is an issue of the POW switch to POS which could really effect Ethereum.

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May 17, 2017, 02:42:26 PM
 #20

Then where does the value you want to transact come from? There's no way I'm going to skip to some totally unproven coin if my RapeCoin confirmations slow down.

From the same place it came from with bitcoin: belief and greed.
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