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Author Topic: I've Had Enough Of BTC - Converting To A New Currency  (Read 3671 times)
szpalata
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May 22, 2017, 09:39:00 PM
 #101

i used ltc the last couple transactions. fast, cheap.

wouldnt go so far as to dump all my btc for ltc though. they each have their uses.

I second you on this, I likewise use litecoin to gamble and it confirms very fast and the fees are very cheap. It doesn't take more than a minute to confirm so in wondering if Bitcoin had similar confirmations time I bet nobody would ever want an Altcoin.

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May 23, 2017, 02:27:33 PM
 #102

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
Yes I agree. If I give an example of someone who says I had enough of the gold and now I want to collect silver leaving the gold, why will someone believe in it. Saying this will be all a fake game to just to convert the attention of the users to something else worth’s nothing in front of gold. This is what people are doing on this forum with the BTC.


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May 23, 2017, 06:41:09 PM
 #103

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.
While a majority of the users in this forum will like to get segwit activated I don’t know where you get the information bitcoin is going to activate soon, I think we are going to have to wait a long time to see segwit activated, if ever, I will love segwit to be activated because not only that will mean that bitcoin could get faster confirmations but also the price will skyrocket too.



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May 23, 2017, 07:15:11 PM
 #104

While a majority of the users in this forum will like to get segwit activated I don’ know where you get the information bitcoin is going to activate soon, I think we are going to have to wait a long time to see segwit activated, if ever, I will love segwit to be activated because not only that will mean that bitcoin could get faster confirmations but also the price will skyrocket too.

83% of the hash rate pledged today to get Segwit activated with an 80% threshold.

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May 23, 2017, 08:34:26 PM
 #105

i used ltc the last couple transactions. fast, cheap.

wouldnt go so far as to dump all my btc for ltc though. they each have their uses.

I second you on this, I likewise use litecoin to gamble and it confirms very fast and the fees are very cheap. It doesn't take more than a minute to confirm so in wondering if Bitcoin had similar confirmations time I bet nobody would ever want an Altcoin.

Good luck with your LTC, I think Ill just stick to bitcoin.  Tongue .  Even with scalability issue, I am with bitcoin because of its massive community.  More big companies coming in and holding bitcoin is not affected by transaction fee  Tongue  But I still believe that scalability issue will be fix, when?  I do not know  Grin

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May 26, 2017, 08:01:52 AM
 #106

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.
While a majority of the users in this forum will like to get segwit activated I don’ know where you get the information bitcoin is going to activate soon, I think we are going to have to wait a long time to see segwit activated, if ever, I will love segwit to be activated because not only that will mean that bitcoin could get faster confirmations but also the price will skyrocket too.

You can find it that they are rumor and talks about it to be activated around 15th September in in late September. This is really maybe biggest decision to be made in quite long time for bitcoin and bitcoin community. What will be effect it is still nothing confirmed for sure only some speculation to what would be good or bad.



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May 26, 2017, 06:37:15 PM
 #107

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?
What business model you are talking about? As a merchant you don't have to pay any fees when accepting bitcoin payments.
For reference, if you want to implement PayPal and use it as a method for you e-commerce you will need to pay: $30 per month, plus 2.9% + $0.30 per transaction.
Bitcoin is still better than that IMO.
Well if anyone using the paypay and bitcoin then they can conclude both have no comparison. The bitcoin is ways better than the paypal. Everyone wants here to reduce the expenses and specially the indirect expenses of the business. The BTC is the best option for any business to do so.

I am not finding any competitor for bitcoins in terms of transaction fees even we are being forced to pay 400satoshi per byte. Switching over to new currency is seeming completely meaningless to me.

 

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May 26, 2017, 06:45:12 PM
 #108

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?
What I would recommend doing is to continue to hold a majority of you Crypto in Bitcoin and then hold a small portion in whatever other currency you decide to use.

If you're looking for fast and cheap transactions go with Litecoin or Dash.
If you're looking for anonymity then go with Cloak or Monero.
If you're looking for a super stable price go with Tether (warning, Tether is being speculated as it may be having issues, be cautious).
If you're looking to get paid dividends then check out PosW, Atom, or Peercoin.

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May 26, 2017, 07:04:05 PM
 #109

I'm sure the problem can be resolved periodically and is not always problematic with bitcoin transactions that annoy users, I think you should use a large transaction fee to get a quick confirmation, this problem will be resolved soon and will not make you spend. Money for your transaction fee in the future

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May 26, 2017, 08:39:19 PM
 #110

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?
At the moment it's an asset token and your earn a monthly dividend in NXT but they will move to ARDOR and they are building real businesses around it.. It will evolve into a multi faceted token with many more uses.

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May 26, 2017, 08:48:04 PM
 #111

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.
While a majority of the users in this forum will like to get segwit activated I don’ know where you get the information bitcoin is going to activate soon, I think we are going to have to wait a long time to see segwit activated, if ever, I will love segwit to be activated because not only that will mean that bitcoin could get faster confirmations but also the price will skyrocket too.

You can find it that they are rumor and talks about it to be activated around 15th September in in late September. This is really maybe biggest decision to be made in quite long time for bitcoin and bitcoin community. What will be effect it is still nothing confirmed for sure only some speculation to what would be good or bad.
Wasn't there a lot of talk about that agreement actually being implemented when September rolls around and it wasn't just speculation? Considering that they claimed to have multiple high-profile businesses and websites on board along with having >80% of the hashing power, it seems far more than likely that the agreement will be implemented, and it isn't just speculation.














 

 

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May 26, 2017, 08:51:36 PM
 #112

All thing considered Litecoin is the obvious successor to Bitcoin if the latter cannot get its act together. Litecoin has Segwit + Lightning Network, plus faster blocks/confirmation times and lower fees. One company (Yours) recently announced they were switching from Bitcoin to Litecoin, and I expect many others will be forced to follow if nothing changes. The other leading alts all have their merits and use cases, but all are structured significantly differently and are targeting different niches that make Litecoin more the obvious choice for disaffected bitcoiners.

Luke 12:15-21

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