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Author Topic: I send $1 worth of BTC and pay $4.95 in fee, is that a joke? 500% fee? ROFL  (Read 1155 times)
Metros (OP)
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August 29, 2017, 04:55:06 PM
 #1

That's more expensive then sending money from MARS to Cambodia with a satellite technology.
Looks like Bitcoin is going to fail hard and Ethereum finally will take over.
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August 29, 2017, 04:58:29 PM
 #2

That's more expensive then sending money from MARS to Cambodia with a satellite technology.
Looks like Bitcoin is going to fail hard and Ethereum finally will take over.
Main reason why sending dusts or small amounts are to be avoided specially at times like this when you need a higher fee for your transaction to get confirm fast. If you want to send money with cheaper , yeas eth is a good choice. I doubt it will ever surpass bitcoin tho.
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August 29, 2017, 05:05:32 PM
 #3

That's your fault entirely. You chose to send $1 worth of BTC and you chose to pay $4.95.
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August 29, 2017, 05:06:32 PM
 #4

That's more expensive then sending money from MARS to Cambodia with a satellite technology.
Looks like Bitcoin is going to fail hard and Ethereum finally will take over.
Main reason why sending dusts or small amounts are to be avoided specially at times like this when you need a higher fee for your transaction to get confirm fast. If you want to send money with cheaper , yeas eth is a good choice. I doubt it will ever surpass bitcoin tho.
Just use Bitcoin Cash.  That is what it was designed to do.  Simple solution.  Bitcoin Core is designed for big bank settlement functionality.  It doesn't work for amounts less than about $100.  Get used to it.  That is the way Bitcoin is set up now.  YOu can thank Core for that.

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August 29, 2017, 05:07:30 PM
 #5

That's more expensive then sending money from MARS to Cambodia with a satellite technology.
Looks like Bitcoin is going to fail hard and Ethereum finally will take over.
Main reason why sending dusts or small amounts are to be avoided specially at times like this when you need a higher fee for your transaction to get confirm fast. If you want to send money with cheaper , yeas eth is a good choice. I doubt it will ever surpass bitcoin tho.
Just use Bitcoin Cash.  That is what it was designed to do.  Simple solution.  Bitcoin Core is designed for big bank settlement functionality.  It doesn't work for amounts less than about $100.  Get used to it.  That is the way Bitcoin is set up now.  YOu can thank Core for that.

Use LTC for small denominations and daily purchases. Up to date technology.
Metros (OP)
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August 29, 2017, 05:09:30 PM
 #6

That's more expensive then sending money from MARS to Cambodia with a satellite technology.
Looks like Bitcoin is going to fail hard and Ethereum finally will take over.
Main reason why sending dusts or small amounts are to be avoided specially at times like this when you need a higher fee for your transaction to get confirm fast. If you want to send money with cheaper , yeas eth is a good choice. I doubt it will ever surpass bitcoin tho.

So Bitcoin will be working for rich only? then it'll die fast.

FIAT, Visa, Banks, Checks.. any thing else is cheaper then Bitcoin fees now.

The whole existence of Bitcoin is to get rid of the expensive wall street and Bitcoin became worse.

Young, Poor, Countries in development wont be able to use Bitcoin at all. in some countries, Bitcoin fee is 50% of daily salary, you get that?.

Bitcoin will never be adopted. Aliexpress/Amazon/Ebay or any ecommerce services in or outside the blockchain will never adopt it.

You wanna buy USB for $2 but paying $5 fee? yeah, aint gonna work.



I unerstand why every one looking for alternative. Ethereum is not only take over Bitcoin, it's gonna eat it for breakfast.
NEM is also a good one but not user-friendly so wont be adopted either.
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August 29, 2017, 05:12:00 PM
 #7

Yeah it's unfortunate the BTC now stands better as a store of wealth than a currency like the original vision. There are much better options to chose from for sending smaller amounts of money.
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August 29, 2017, 05:12:47 PM
 #8

That's more expensive then sending money from MARS to Cambodia with a satellite technology.
Looks like Bitcoin is going to fail hard and Ethereum finally will take over.
Main reason why sending dusts or small amounts are to be avoided specially at times like this when you need a higher fee for your transaction to get confirm fast. If you want to send money with cheaper , yeas eth is a good choice. I doubt it will ever surpass bitcoin tho.

So Bitcoin will be working for rich only? then it'll die fast.

FIAT, Visa, Banks, Checks.. any thing else is cheaper then Bitcoin fees now.

The whole existence of Bitcoin is to get rid of the expensive wall street and Bitcoin became worse.

Young, Poor, Countries in development wont be able to use Bitcoin at all. in some countries, Bitcoin fee is 50% of daily salary, you get that?.

Bitcoin will never be adopted. Aliexpress/Amazon/Ebay or any ecommerce services in or outside the blockchain will never adopt it.

You wanna buy USB for $2 but paying $5 fee? yeah, aint gonna work.



I unerstand why every one looking for alternative. Ethereum is not only take over Bitcoin, it's gonna eat it for breakfast.
NEM is also a good one but not user-friendly so wont be adopted either.

Bitcoiin is just for the rich now and i dont see it getting fixed anytime soon. Theres nothing more embarrassing than trying to introduce someone new to bitcoin, explaining how revolutionary it is until you try and get them to send something and it cost more in fees than the amount they send.

And people wonder why alts are going up  Roll Eyes

I wouldnt count on ethereum being your saviour either, It scales no better than bitcoin.

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August 29, 2017, 05:14:06 PM
 #9

Who the fuck sends $1 in bitcoin?

If you want to transaction really small amounts of money there are lots of option, bitcoin is not suitable for that, as you could see...

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Metros (OP)
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August 29, 2017, 05:15:47 PM
 #10

That's more expensive then sending money from MARS to Cambodia with a satellite technology.
Looks like Bitcoin is going to fail hard and Ethereum finally will take over.
Main reason why sending dusts or small amounts are to be avoided specially at times like this when you need a higher fee for your transaction to get confirm fast. If you want to send money with cheaper , yeas eth is a good choice. I doubt it will ever surpass bitcoin tho.

So Bitcoin will be working for rich only? then it'll die fast.

FIAT, Visa, Banks, Checks.. any thing else is cheaper then Bitcoin fees now.

The whole existence of Bitcoin is to get rid of the expensive wall street and Bitcoin became worse.

Young, Poor, Countries in development wont be able to use Bitcoin at all. in some countries, Bitcoin fee is 50% of daily salary, you get that?.

Bitcoin will never be adopted. Aliexpress/Amazon/Ebay or any ecommerce services in or outside the blockchain will never adopt it.

You wanna buy USB for $2 but paying $5 fee? yeah, aint gonna work.



I unerstand why every one looking for alternative. Ethereum is not only take over Bitcoin, it's gonna eat it for breakfast.
NEM is also a good one but not user-friendly so wont be adopted either.

Bitcoiin is just for the rich now and i dont see it getting fixed anytime soon. Theres nothing more embarrassing than trying to introduce someone new to bitcoin, explaining how revolutionary it is until you try and get them to send something and it cost more in fees than the amount they send.

And people wonder why alts are going up  Roll Eyes

I wouldnt count on ethereum being your saviour either, It scales no better than bitcoin.

Yeah today a friend asked me to "explain" what is Bitcoin. told him to stay away from it and check on Ethereum or others.

If Ethereum fees will be high then we will search for another alternative until we find something that will be ready for global adoption.
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August 29, 2017, 05:16:17 PM
 #11

Yes that is crazy, and that's why you should hold bitcoin.  And yeah it's your fault for sending $1 of bitcoin and it's also why I'm not buying a cup of coffee with btc anytime soon.

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Metros (OP)
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August 29, 2017, 05:16:29 PM
 #12

Who the fuck sends $1 in bitcoin?

If you want to transaction really small amounts of money there are lots of option, bitcoin is not suitable for that, as you could see...

Yup clearly, proove my point. Bitcoin will never be globally adopted.
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August 29, 2017, 05:18:06 PM
 #13

Yes that is crazy, and that's why you should hold bitcoin.  And yeah it's your fault for sending $1 of bitcoin and it's also why I'm not buying a cup of coffee with btc anytime soon.


You all keep proving my point, if no one will use this coin then it wont be globally adopted and it will die sooner or later.

Why would exchanges keep BTC as prime coin with this fees? they will look for ETH or other solutions.

If you wont buy coffe with it, you wont be products you wont do shopping you wont exchange with it.

You simply gonna hold on a coin that aint useable.
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August 29, 2017, 05:19:00 PM
 #14

Send a dollar?  Grin
Where will you send it? Donation for the people who made FUD?  Grin
Is bitcoin meant for that?
How about this. Go to any money transfer company and let us see if they will let you send a dollar.  Grin
You are really funny man and yes it is ROFL... to the thread you made.  Grin Be serious in creating threads next time.
This should be locked.

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August 29, 2017, 05:20:11 PM
 #15

First of all , you are so stupid that you chose Bitcoin to send a 1 USD transaction. Like really , you could have easily used some other mode for transferring such a cheap tiny amount. The purpose of Bitcoin is not to send such small amounts

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August 29, 2017, 05:22:54 PM
 #16

Yes that is crazy, and that's why you should hold bitcoin.  And yeah it's your fault for sending $1 of bitcoin and it's also why I'm not buying a cup of coffee with btc anytime soon.

You cant say its his fault for sending $1. Thats what bitcoin was first introduced as, a peer to  peer online currency competing with things like paypal and wester union so thats what it gets peddled as. But now theres certain rules, today the minimum you can send is what? $100? next year $1000?

So what is bitcoin now? just a settlement layer for rich people and then for large companys and eventually only banks?

Metros (OP)
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August 29, 2017, 05:28:36 PM
 #17

Send a dollar?  Grin
Where will you send it? Donation for the people who made FUD?  Grin
Is bitcoin meant for that?
How about this. Go to any money transfer company and let us see if they will let you send a dollar.  Grin
You are really funny man and yes it is ROFL... to the thread you made.  Grin Be serious in creating threads next time.
This should be locked.


You kidding right? jesus.

Go outside, get your self a 0.99cent drink. oh and pay $5.99 including fee. big ROFLMAO.

Now let's put aside RICH west countries, that need to pay $5.99 for a drink instead of $0.99. let's go for 3rd world countries, they pay nothing, like $0.10 for a drink, they make $10/day when working 10 hours a day. so they should pay %50 of it on a fee for 1 drink? you hear your self? let me be more clear: ROFLROFLROFLROFLROFLROFLROFL.

Yeah, no 3rd world country, western countries, no sain person will "use" bitcoin a it intended. now you unerstand why people calling bitcoin "pyramid scheme" for a reason.

Bitcoin started good but something happen and instead of being alternative to FIAT, Visa, Banks and so on - FIAT, Visa & Banks are the best alternatives to Bitcoin jesus.


Really sad to see that, I surely hope Ethereum wont get near this fees else it'll get fucked as well.
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August 29, 2017, 05:28:53 PM
Last edit: September 01, 2017, 06:39:35 PM by pushups44
 #18

That's more expensive then sending money from MARS to Cambodia with a satellite technology.
Looks like Bitcoin is going to fail hard and Ethereum finally will take over.
Main reason why sending dusts or small amounts are to be avoided specially at times like this when you need a higher fee for your transaction to get confirm fast. If you want to send money with cheaper , yeas eth is a good choice. I doubt it will ever surpass bitcoin tho.
Just use Bitcoin Cash.  That is what it was designed to do.  Simple solution.  Bitcoin Core is designed for big bank settlement functionality.  It doesn't work for amounts less than about $100.  Get used to it.  That is the way Bitcoin is set up now.  YOu can thank Core for that.

Bitcoin cash is having issues with lengthy block times, according to Charlie Lee. If miners are still unsure about permanently mining BCH, it discourages its use for day to day transactions. I suspect confirmation times will speed up for bitcoin core as the software gets continually upgraded.
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August 29, 2017, 05:29:32 PM
 #19

First of all , you are so stupid that you chose Bitcoin to send a 1 USD transaction. Like really , you could have easily used some other mode for transferring such a cheap tiny amount. The purpose of Bitcoin is not to send such small amounts


Really, then why every one marketed Bitcoin since 2009 as alternative to FIAT, Visa & Banks? clearly it's not.
ardentvolcanoes
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August 29, 2017, 05:32:01 PM
 #20

it seems that its a simplest way promoting eth and giving negative impact to bitcoin but yes its really ridiculous its impossible now to send small amount of bitcoin
because of the fee and its really annoying now and if this cant be avoided anymore maybe more people will consider to us other alts so better to make some improvements or other options for this.
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