Bitcoin is DEAD for small payments, Bitcoin Cash is the FUTURE

[allthebitandbobs]

Bitcoin cash it not the only option for small payments .There hundred of alts that can do the same job .I agree with bitcoin you need to transfering a big amount otherwise your going to get killed in fees

[GoldMen]

It is simply not worth making small payments. Bitcoin is for big things, I would simply keep them for big business that is worth the pen to invest with bitcoins. If I do not prefer, do not leave my wallet.

[WhoKn0ws]

I wouldn't' go as far as to say that BCH is the new BCT. Are there benefits from this sure if you want to cut down transaction costs and times but there are already other Alts out there which have better promises and technological aspect which will help them wash it out. BCT is the foundation for all crypto and no matter what it will not be dethroned.

[Preclus]

No doubt about it, that's why the price of Bitcoin Cash is rising as of the moment. Bitcoin must make a move fast about this micro transactions or else BCH will gain attention and worse surpass the original one. I miss the almost free tx's fees and faster sending/receiving of Bitcoin though.

BItcoin cash is bitcoin with a slightly higher block size. Both have the exact same underlying technology which means that if the price of Bitcoin Cash and the amount of transactions in Bitcoin Cash equals bitcoin, the same problems with happen with Bitcoin Cash.

[Partizanai]

Im quite new to crypto, im involved in it since this spring, but as more time passes i can s that bitcoin needs a lot of improvements to be legit, whats the pont of having bitcoin if you cant spend it. As someone mentioned bitcoin is for big purchases or holding, so if bitcoin goes this way less people will be able to use it. it will become like fine art, super overpriced, has no purpose and people who buy it does not care about  nor understands about it, cryptos should be for everyone not just for rich

[Preclus]

This topic doesn't make sense

Bitcoin Cash is bitcoin.

The other bitcoin is Bitcoin Core. And the other one is also Bitcoin Gold.

There isn't just one bitcoin. There are many bitcoins. There is no central authority that says which one is the "real bitcoin" so they are all the :real bitcoin".

[djpitagora]

Yeah Bitcoin is a store of value like Gold. Do you can use gold for daily payments? No.
Do you can shares for shopping? Threra a lot of good coins for small payment and daily use.

it's not a store of value because it doesn't have intrinsec value. Don't fool your self. If there is no real use then it's going to be dead soon. Something must be done with the fees because bitcoin today is no longer usable for anything real.

[hadveach]

why do not you wait for a while until bitcoin recovers? Today bitcoin hurts. it's because many users are selling bitcoins.
I speculate one of the factors why many people move to BCH is because of the expensive fee.
and I am sure that when bitcoin recovers and gets up, altcoin BCH and other will drop back.

[Get-Paid.com]

why do not you wait for a while until bitcoin recovers? Today bitcoin hurts. it's because many users are selling bitcoins.
I speculate one of the factors why many people move to BCH is because of the expensive fee.
and I am sure that when bitcoin recovers and gets up, altcoin BCH and other will drop back.

We cannot "wait for a while" whilst our users send us emails complaining their Bitcoin payments were not received even tough we spent fees such as for example $5 to send a $1 payment to one user or another, it doesn't make sense and it's not reasonable for us to continue with this not even for another day.

Businesses like ours rely on the technology but we need it to work, and we have given it too many chances, but as business owners we can tell you this is not only bothering our business solely, this is a major problem and if there is no quick fix then we have to move on.

If you are sure Bitcoin will recover then good for you - as we mentioned before we are not here for speculation, and we are not investing in BCH in order to make money but we simply use it as means to pay our members.

Yes, Ethereum, Ripple and others are also options we consider, but for now based on a Facebook survey we conducted in our Facebook page most respondents have asked for Bitcoin Cash, and that's what we would proceed with.

[junoreactor]

This topic doesn't make sense

Bitcoin Cash is bitcoin.

The other bitcoin is Bitcoin Core. And the other one is also Bitcoin Gold.

There isn't just one bitcoin. There are many bitcoins. There is no central authority that says which one is the "real bitcoin" so they are all the :real bitcoin".

But for the holders it makes perfect sense Go tell that to someone who has 1 Bitcoin and 0 Bitcoin Cash if one day Bitcoin Cash overtakes the other...
If you had Bitcoin before August 1 then you should have received the same equivalent in Bitcoin Cash, in that case I can agree with you.

[Wind_FURY]

We cannot pay our members payouts via Bitcoin anymore, this is completely impossible.
We sent payments ranging $1 - $10 with fees of $2 - $6 already 5 days ago and these payments are unconfirmed.

We are going to change our approach and be among the first businesses that pay in Bitcoin Cash and stop paying in Bitcoin.
It's just impossible to work with Bitcoin anymore.

Are you guys wondering why people move to Bitcoin Cash? It's not only because of speculation, it's because Bitcoin in its current form is a dead zombie walking in Crypto land.

The solution is simple. Use a Segwit enabled wallet then underbid the fees and wait for your transaction to confirm. Do not let the miners trick you into overbidding for the fees to have your transaction next in line.

Having a Segwit enabled wallet is easy. Buy a Trezor, if you want a webwallet use GreenAddress, Samourai wallet for mobile, and Electrum.

Use this guide to make a Segwit wallet with the standard "3 addresses" in Electrum.

Generate a BIP39, 12 words seed on https://iancoleman.io/bip39/, you can also use it offline for more security.

On electrum choose, create new wallet, I already have a seed, then on "options" choose BIP39, paste the seed then click next.

On derivation path path use: m/49'/0'/0'/0

[Junard619]

We cannot pay our members payouts via Bitcoin anymore, this is completely impossible.
We sent payments ranging $1 - $10 with fees of $2 - $6 already 5 days ago and these payments are unconfirmed.

We are going to change our approach and be among the first businesses that pay in Bitcoin Cash and stop paying in Bitcoin.
It's just impossible to work with Bitcoin anymore.

Are you guys wondering why people move to Bitcoin Cash? It's not only because of speculation, it's because Bitcoin in its current form is a dead zombie walking in Crypto land.

Bitcoin money can also be a source of money for our future but a lot of opposites. While the money generated by the bitcoin cash hard fork - and the possible money generated by the bitcoin gold hard fork - has played a role in driving bitcoin's price surge, it's not all fun and games. Bitcoin owners have effectively acquired value for free, but there is still a cost associated with the assets.

[icanscript]

The BCH is not a decentralized crypto currency. There are many altcoins with much better characteristics for micro and nano payments.
FUD hype raised around this, clearly shows the fictitiousness of this problem.

[Bittoshi]

While I agree that BTC fees are way too high for smaller transactions, I doubt that Bitcoin Cash alone can be the solution. There are better and more anonymous crypto currencies out there like Monero or Verge with even faster and cheaper transactions.

[weblouartisan]

We cannot pay our members payouts via Bitcoin anymore, this is completely impossible.
We sent payments ranging $1 - $10 with fees of $2 - $6 already 5 days ago and these payments are unconfirmed.

We are going to change our approach and be among the first businesses that pay in Bitcoin Cash and stop paying in Bitcoin.
It's just impossible to work with Bitcoin anymore.

Are you guys wondering why people move to Bitcoin Cash? It's not only because of speculation, it's because Bitcoin in its current form is a dead zombie walking in Crypto land.

I cannot believe on that, If you are going too look on the market then you will notice that the value of bitcoins is increasing massively and it was very nice idea to invest today because the growth of btc each day is massive.

[djpitagora]

We cannot pay our members payouts via Bitcoin anymore, this is completely impossible.
We sent payments ranging $1 - $10 with fees of $2 - $6 already 5 days ago and these payments are unconfirmed.

We are going to change our approach and be among the first businesses that pay in Bitcoin Cash and stop paying in Bitcoin.
It's just impossible to work with Bitcoin anymore.

Are you guys wondering why people move to Bitcoin Cash? It's not only because of speculation, it's because Bitcoin in its current form is a dead zombie walking in Crypto land.

I cannot believe on that, If you are going too look on the market then you will notice that the value of bitcoins is increasing massively and it was very nice idea to invest today because the growth of btc each day is massive.

not everybody cares about the value of bitcoin. The value right now is driven purely by speculation. What we care about is real usage, which right now is a HUGE issue. Businesses are dropping bitcoin because the fees are absurd right now. Instead of getting more adoption, it's loosing current busineses. I work for such a website that uses bitcoin now, and we have suspended all bitcoin payments right now as well. Currently considering implementing other alts like Monero or byteball. The problem is exchanges still only list BTC related pairs.

Again, I cannot stress this enough: if there is no real usage, bitcoin will fall. Speculation alone cannot drive a coin forever.

[SummonKing2]

These could be the most important questions for the market, since without a clear, reliable and transparent pricing mechanism it's impossible for owners to determine the value of their holdings. Right now, many in the business media are reporting on prices as though they were based on well-established and open standards. But they're not.

[ivrynx]

For small payments, i think, yes, since the fee is much higher now and confirmations are taking too long, however for bitcoin cash, it is much faster, considering the fact that thetr is no congestion yer it their network. Personally, i would still use bitcoin in my transactions, though both have the same traits,  bitcoin's advantage is, there is no one ceo trying to control it, like bitcoin cash.

[TorbiK]

Today, due to the increased demand for Bitcoin Cash, the transaction price is also growing and if developers do not increase the block size, small transactions will also not be profitable over time.

[josephinerosdy]

I agree with you. I've withdraw some of my bitcoin today and got shocked with transaction fee is around 10% is too big amount.
it's very not recommended for transactions with small amounts.
bitcoin is getting popular and high traffic since a few days ago until now