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Bitcoin is DEAD for small payments, Bitcoin Cash is the FUTURE
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Topic: Bitcoin is DEAD for small payments, Bitcoin Cash is the FUTURE (Read 1536 times)
J_CCreate
Copper Member
Newbie
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Activity: 224
Merit: 0
Re: Bitcoin is DEAD for small payments, Bitcoin Cash is the FUTURE
February 28, 2018, 02:53:15 PM
#261
But I agree, when you were creating this thread, fees were unbelievably high, something like 6$ for a standard transaction.
tikong
Member
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Activity: 154
Merit: 12
Re: Bitcoin is DEAD for small payments, Bitcoin Cash is the FUTURE
February 28, 2018, 02:55:15 PM
#262
The cost of expensive bitcoin transactions is influenced by the bitcoin price itself, the factor of the number of users who send bitcoin also affects transaction costs. Bitcoin is not suitable for small amounts of payment. if we say bitcoin like a diamond, will you buy a plate of food using a diamond?
winspiral
Legendary
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Activity: 1778
Merit: 1026
Free WSPU2 Token or real dollars
Re: Bitcoin is DEAD for small payments, Bitcoin Cash is the FUTURE
February 28, 2018, 02:59:44 PM
#263
Quote from: tikong on February 28, 2018, 02:55:15 PM
The cost of expensive bitcoin transactions is influenced by the bitcoin price itself, the factor of the number of users who send bitcoin also affects transaction costs. Bitcoin is not suitable for small amounts of payment. if we say bitcoin like a diamond, will you buy a plate of food using a diamond?
I do not agree...the fees depend on the number of transactions and how much the sender fix the fees and above all it depends on the dust in your wallet.
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mrdelacrua
Full Member
Offline
Activity: 224
Merit: 100
Re: Bitcoin is DEAD for small payments, Bitcoin Cash is the FUTURE
March 04, 2018, 09:16:00 PM
#264
Quote from: rbys90 on February 24, 2018, 05:04:22 PM
I don't think so, theres still litecoin.
Exactly. Although a fork of Bitcoin, creator Charlie Lee has stated that Litecoin works best as a transactional complement to Bitcoin’s use as a store of value. As Bitcoin implements the Lightning Network and the two coins become interchangeable through Atomic Swaps, it’s possible for Bitcoin’s scaling issues to be a thing of the past.
Machine Funk
Member
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Activity: 144
Merit: 10
Re: Bitcoin is DEAD for small payments, Bitcoin Cash is the FUTURE
March 04, 2018, 09:57:33 PM
#265
What are you people talking about? Bitcoin is much much cheaper now then it was before. I paid $0.50 sending just over $300 the other day. Much better then when it was like $12-20 that was insane and a crazy time. Funny to think bitcoin went up in price during that time too.
didzi
Sr. Member
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Activity: 1092
Merit: 250
Hodlers Network
Re: Bitcoin is DEAD for small payments, Bitcoin Cash is the FUTURE
March 04, 2018, 10:01:37 PM
Last edit: March 05, 2018, 01:27:33 AM by didzi
#266
this is why bitcoin is didn't meet the terms and conditions as currency
so, i like to call bitcoin is a digital asset
the excess of bitcoin is only privacy and decentralized, and i believe in the future of cryptocurrency privacy coin will be the champion
but with less and very small transactions fee
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krhnrhn
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Merit: 306
Re: Bitcoin is DEAD for small payments, Bitcoin Cash is the FUTURE
March 05, 2018, 07:43:14 PM
#267
ooo congrulations for 100. new bitcoin ideas
please there is one king and this is bitcoin.
we do not need similar projects and ideas. We need innovative approaches..
nomenclatur
Sr. Member
Offline
Activity: 1344
Merit: 250
⇾
Re: Bitcoin is DEAD for small payments, Bitcoin Cash is the FUTURE
March 05, 2018, 08:14:11 PM
#268
There is nothing wrong if one day many people will switch from Bitcoin to small payment business because of the lack of transactions at the time of transaction and cost so it is impossible if you have to use Bitcoin, and for BCH is the right solution because the transaction cost is also cheap fast.
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Snaic
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Merit: 102
Re: Bitcoin is DEAD for small payments, Bitcoin Cash is the FUTURE
March 17, 2018, 04:49:07 AM
#269
Yes, we must admit the obvious. Bitcoin recently did not fulfill its main function as a means of payment, and above all it was related to small-sized payments, in which commission fees almost equaled the amount of transfer. However, bitcoin is restored. After the release of a new version of bitcoin, which is fully supported by SegWit, the main problem with scaling bitcoin and the amount of commission fee is solved. All this goes right back to normal. Many note that bitcoin has become much faster and commission fees are decreasing. So even this time bitcoin did not die. Only while it is unclear why he does not want to grow in price, despite the fact that almost all the reasons that hampered his growth, have disappeared.
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kier010
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Activity: 532
Merit: 100
Re: Bitcoin is DEAD for small payments, Bitcoin Cash is the FUTURE
March 17, 2018, 05:00:43 AM
#270
Quote from: Get-Paid.com on December 20, 2017, 06:56:19 AM
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.
it is a miracle bitcoin is still alive today. are you wondering why bitcoin is above bitcoin cash despite you saying people are moving to bitcoin cash?. people still choose bitcoin that is why it is number one compare to your coin that is rank lower.
euggio
Full Member
Offline
Activity: 433
Merit: 100
Re: Bitcoin is DEAD for small payments, Bitcoin Cash is the FUTURE
March 18, 2018, 07:23:42 AM
#271
Yes, it is. Bitcoin now only suitable for holding large funds. I think it will soon be a new ICO which is able to solve this problem, the distribution of funds.
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