I've Had Enough Of BTC - Converting To A New Currency

[Tyrantt]

There is nothing viable to switch over to/ If it took bitcoin to get this far, how much longer do you think it would take another coin to reach the same level of distribution? Its  not as simple a s just switching over.

Litecoin maybe? Pretty much the same as bitcoin in some aspects.

Bitcoin will be going on like this until the miners that are being clever don't ruin it completely, and then they will allow SegWit. Until then, I doubt that something will major will be done in order to fix this mess.

[iluvpie60]

The fees have been crazy. I am not sending bitcoin back and forth for the time being.

Holding on exchanges and not sending to any personal wallets. NO reason to pay huge fees. just hodl

[TheWallStreetCrew]

There is nothing viable to switch over to/ If it took bitcoin to get this far, how much longer do you think it would take another coin to reach the same level of distribution? Its  not as simple a s just switching over.

Bitcoin has a coinbase wallet.
Litecoin has a coinbase wallet.

Both allow direct conversion between fiat and theirselves.
Vendors can convert LTC to BTC on an exchange , but they don't have too.

It is as simple as telling the person you want to pay , you want to pay in LTC.

Fact, on many merchants sites that only offer credit card , Paypal or BTC,
It is cheaper to use in this order now.
Credit card, cheapest
Paypal, next cheapest
BTC , most expensive

If they add LTC, then LTC would be cheaper and faster than credit cards.
But if they don't CC and paypal are cheaper to pay with than BTC.
Bitcoin lost the micopayment markets and now is losing the retail services markets due to its technical limitations.
I had to buy a service recently and used a credit card because it was the cheapest and least hassle of the 3, since BTC is not usable.
Bitcoin is falling behind Credit cards & Paypal as a payment option, that should tell you how bad it has become.  

╥AztekPhoenix

Totally agree with what you said, TOTALLY AGREE!!!

Im not talking about the logistics. Im talking about all the mental gymnastics the merchant, who probably got talked into taking bitcoins and doesn know squat about them will have to go through.  For him not so easy.

[Minecache]

The fees have been crazy. I am not sending bitcoin back and forth for the time being.

Holding on exchanges and not sending to any personal wallets. NO reason to pay huge fees. just hodl

I'd rather pay the fee than leave any BTC on an exchange.

[Ewox]

I suggest for you to try NEM and Ripple, both coins have the potential and are always on top of the list as one of the top 10 coins currently. But also do a research on the coins too.

[VitorPl4y]

I don't think any altcoin will ever surpass bitcoin nowhere soon. Yes, we got a lot of problems and we need a quick and fast solution. But even if there are tons of cryptocurrencys better than the original BTC, we still have the strongest market of all coins just for being the pioneer.

However I still believe in multiple altcoins.

[ekoice]

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.

Definitely,there is no such crypto coins which has the salient features like bitcoin.Thats why bitcoin is still surviving.Otherwise,any other coin would have gone mass adoption and bitcoin would have remained unused.

[LevshaK1]

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.

Definitely,there is no such crypto coins which has the salient features like bitcoin.Thats why bitcoin is still surviving.Otherwise,any other coin would have gone mass adoption and bitcoin would have remained unused.

At the moment there is no coin better than bitcoin, in the future, perhaps something will change, but now there really is really no one to replace bitcoin.

[italianMiner72]

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?

hum!
this could be true if you want to use bitcoin to small payments..
a lot's of coin was bornt to fix this problems...
I mean that now, whit this high values, you risk to pay more for transaction fee than stuff...
think if you should buy a coffe with btc...
no one will buy a cup of coffee with this bitcoin fee!!!

[mindrust]

I suggest for you to try NEM and Ripple, both coins have the potential and are always on top of the list as one of the top 10 coins currently. But also do a research on the coins too.

You suggest 2 of 3 not mineable coins from the coinmarketcap's first 10 biggest coins list.

Ripple isn't a crypto currency. It shouldn't even be on coinmarketcap. It is like adding Steam money or Paypal USD to the list. And ripple is even worse. Steam and Paypal don't throw any money out of their asses. Ripple does. No hard cap on supply, no mining. They should delist it.

[BillyBobZorton]

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 don't really care because I use bitcoin a sa savings account, but you can blame miners by not activating segwit.

What you can do is run an UASF node, not much else.

If you want to risk your BTC in other lats, then LTC is the best one. ETH will pump too but I dont like it long term.

[DoublerHunter]

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 switch to litecoins because their network is very fast and they already activated segwit so it will be a lot faster than before which is opposite on what is currently happening in bitcoin now but if you can wait then i think segwit will be on bitcoin soon, so it is better to wait because if that rumor is true then the price will go up.

[stompix]

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?

This is one of the reasons why altcoins can survive along with bitcoin. At some point, bitcoins are going to be too expensive.

alt coins are beginning to be consider since bitcoin having some issue regarding to its transaction if more exchange will add more alts aside from bitcoin being exchange to a local fiat for sure many traders will use other cryptocurrency instead of bitcoin.

Nobody is considering any altcoin... nobody
Just scamcoins fans

It's pretty damn simple, all altcoins are copies of bitcoin.Just as they copied bitcoin bitcoin can copy their features.
We're not talking about precious metals we are talking about lines of code.

And those can be changed easily

[European Central Bank]

Nobody is considering any altcoin... nobody

most people are into bitcoin because of the potential riches. there are more potential riches with alts, doesn't matter how crappy they are. don't underestimate greed. it's underpinning the whole thing.

obviously most of them are inferior in most ways. people don't care when they want more dollars.

[TheWallStreetCrew]

Nobody is considering any altcoin... nobody

most people are into bitcoin because of the potential riches. there are more potential riches with alts, doesn't matter how crappy they are. don't underestimate greed. it's underpinning the whole thing.

obviously most of them are inferior in most ways. people don't care when they want more dollars.

"obviously most of them are inferior in most ways.." Not true bitcoin is the most simple coin out there. Proof that its success is not base on its tech.

[Patatas]

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.

There is something called as scalable architecture.No matter which currency you use,after it grows and has a higher audience it will start having scalability issues.Not only currency,every software model works on the same analogy.It's upto the core developers who they're resolving it without affecting the current functionalities.It's not easy.

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?

So paying a higher transaction fee (still low as compared to your traditional payment methods) affects a business model ?

[FasTroy]

I think even if the fees of bitcoin transactions are very expensive, bitcoin user not leave it and converting all there bitcoin in any other of altcoins, even if altcoins grow, for example like, Litecoin or dogecoins or maybe eth..
Maybe, one day fees will be fixed. but, I think it's normal that bitcoin fees are increase because of bitcoin price. It's a very awesome price 1930$ for 1 btc for now.

[1Referee]

Not true bitcoin is the most simple coin out there. Proof that its success is not base on its tech.

Bitcoin is simple, correct, but its simplicity is also exactly what people like about it. Seriously, nearly all features that altcoins support are gimmicks. These features are just meant to trap in people believing in something that they will never use. People want to send and receive transactions, speculate, use it as store of value, etc. Bitcoin offers people exactly that. Only point I might agree with is that it (regardless of the fees) takes relatively long for a transaction to settle (confirm). That's what I consider to be the only thing I find that altcoins do better.

[European Central Bank]

"obviously most of them are inferior in most ways.." Not true bitcoin is the most simple coin out there. Proof that its success is not base on its tech.

tech is the very last thing any sane person should be thinking about. security, honesty and trust are the most important things. without that all you got is a string of numbers.

start thinking like an adult, not a moon kid.

[megynacuna]

I think even if the fees of bitcoin transactions are very expensive, bitcoin user not leave it and converting all there bitcoin in any other of altcoins, even if altcoins grow, for example like, Litecoin or dogecoins or maybe eth..
Maybe, one day fees will be fixed. but, I think it's normal that bitcoin fees are increase because of bitcoin price. It's a very awesome price 1930$ for 1 btc for now.

The OP seems to be someone who uses it on a he daily basis and that's why I appreciate his complaints unlike some of us who normally hoard them down and hope to profit from selling when the prices shoot up. I think a lot of us are investors and not daily users of Bitcoin.