I have NEVER seen Bitcoin in such a sorry state as this!!

[Wipangga]

I think they do not know about bitcoin, like gold, even more than gold, because it rises so much faster even a few months ago up to the month now the price is higher, bitcoin currently set a good price, so the transaction costs will be more expensive

[alani123]

This is more or less a personal case. You should know how to transact bitcoin better, and perhaps use a wallet that calculates fees per byte dynamically.  Other than that, I don't think that transaction times should be downplayied on Bitcoin as it is currently normal for fees to be high while transactions are in high demand and the price is rising. Bitcoin will always remain a great store of value.

[mutrang23]

Several transactions of mine have gone with 0 confirmations in the past several days.  And some of those I was paying 1.5X or 2X the recommended fees.  Nothing.  Nada.  Zilch.

Bitcoin has gone from being an expensive network to use to a practically unusable network.  I was defending Bitcoin against millions of tards back in 2011 and 2012.  Are they going to have the last laugh on me now?  It pisses me off to actually see some of you defending this too and saying "this is the way Bitcoin is supposed to work".  Umm... NO IT IS NOT .

I have ZERO confidence left in Core and their "developers".  Their network can't handle the slightest bit of volume without totally seizing up.  And then Adam Back is out there with the press talking about Bitcoin vendors and merchants running a tab system??  Really??  You can't do your job properly so you want people to run a tab in BTC??  You saw this coming from 10 miles away and did nothing about it.  Stupid or malicious?... you decide.

I will be converting my remaining BTC to BCH, Dash, XMR and coins that actually work! And coins that have teams that have at least a Grade 7 level understanding of economics, ie.. "when you are at capacity, you open more locations".  And not throw out "but but centralization!!" juvenile red herrings!

Long time Bitcoiner of 6 years here saying, "SEE YA LATER! CASHING OUT NOW!"

Because you have too much hope for bitcoin, that's why you become so disappointed. So do not put too much hope into anything in crypto as it can always frustrate you.

[catrin aja]

I think a faster altcoin getting a confirmation would be an alternative transaction

[Rath_]

If you were really using Bitcoin for the last 6 years, you wouldn't have sold your BTC. Do you even use SegWit? I didn't have any problems with long confirmation time thanks to it. I must admit that fees are kinda high. Increasing the blocksize would be a temporary and irreversible solution. We just have to wait for Bitcoin Core to release full support of SegWit. Lightning Network is almost there. Give it a few months.

[Yatsan]

Several transactions of mine have gone with 0 confirmations in the past several days.  And some of those I was paying 1.5X or 2X the recommended fees.  Nothing.  Nada.  Zilch.

Bitcoin has gone from being an expensive network to use to a practically unusable network.  I was defending Bitcoin against millions of tards back in 2011 and 2012.  Are they going to have the last laugh on me now?  It pisses me off to actually see some of you defending this too and saying "this is the way Bitcoin is supposed to work".  Umm... NO IT IS NOT .

I have ZERO confidence left in Core and their "developers".  Their network can't handle the slightest bit of volume without totally seizing up.  And then Adam Back is out there with the press talking about Bitcoin vendors and merchants running a tab system??  Really??  You can't do your job properly so you want people to run a tab in BTC??  You saw this coming from 10 miles away and did nothing about it.  Stupid or malicious?... you decide.

I will be converting my remaining BTC to BCH, Dash, XMR and coins that actually work! And coins that have teams that have at least a Grade 7 level understanding of economics, ie.. "when you are at capacity, you open more locations".  And not throw out "but but centralization!!" juvenile red herrings!

Long time Bitcoiner of 6 years here saying, "SEE YA LATER! CASHING OUT NOW!"

That's indeed true. The reason why we are surprised bybthis is that we are used of its value to continuously increase. But we shouldnnot worry about this backdrop since it is jist a part of its natural volatility. Transactionsbare just high because of the season. It will sureky increase after this, so continue holding and investing.

[Bausa]

AztekPhoenix, that's absolutely right. There already has been a solution: Bitcoin Cash. Bitcoin Cash and Bitcoin should somehow merge again. Some huge decissions like this are necessary to become the world currency.

[Juggy777]

Several transactions of mine have gone with 0 confirmations in the past several days.  And some of those I was paying 1.5X or 2X the recommended fees.  Nothing.  Nada.  Zilch.

Bitcoin has gone from being an expensive network to use to a practically unusable network.  I was defending Bitcoin against millions of tards back in 2011 and 2012.  Are they going to have the last laugh on me now?  It pisses me off to actually see some of you defending this too and saying "this is the way Bitcoin is supposed to work".  Umm... NO IT IS NOT .

I have ZERO confidence left in Core and their "developers".  Their network can't handle the slightest bit of volume without totally seizing up.  And then Adam Back is out there with the press talking about Bitcoin vendors and merchants running a tab system??  Really??  You can't do your job properly so you want people to run a tab in BTC??  You saw this coming from 10 miles away and did nothing about it.  Stupid or malicious?... you decide.

I will be converting my remaining BTC to BCH, Dash, XMR and coins that actually work! And coins that have teams that have at least a Grade 7 level understanding of economics, ie.. "when you are at capacity, you open more locations".  And not throw out "but but centralization!!" juvenile red herrings!

Long time Bitcoiner of 6 years here saying, "SEE YA LATER! CASHING OUT NOW!"

What site or which wallet are you using? I had done three transaction and each one thousand each, and I paid 12$, 6$ and 1.45$ as fees and they confirmed in less than a hour. I think you should use electrum wallet, I feel that's the best does the work quickly and effectively, not really sure what's wrong but I feel it's only a matter of time before it gets sorted out, just hang on don't loose faith just yet.

[prehisto]

Thats funny that you are mentioning it now although these problems have been around all the time and we have known that btc has its issues.
But GOLD also has it issues , no one is paying with it in every day transactions unless you are a war lord.

I believe that price will rise and BTC will remain as asset but we can use other currencies for every day transactions.

[keithieY5]

why you send when find price of fee high and i think your wallet give you alert.

bitcoin was bad and now it is faster and lower price

[scottykarate]

Let's see BCH handle the volume Bitcoin does.  . Oh wait.

It's easy to talk trash when BCH is nothing but a store of value and not used as anything else.
BTC has utility.
I'll repost the user who had a hard time using BCH and paid a high fee the other day.
There would be more if people actually USED it... LMAO.

[Treshkilling]

you should always allocate your capital , and keep everything in one bitcoin is not entirely correct, as for me, you need to keep cryptocurrency in bitcoin and alternative coins, so less chance of losing everything

[Naoko]

Thats funny that you are mentioning it now although these problems have been around all the time and we have known that btc has its issues.
But GOLD also has it issues , no one is paying with it in every day transactions unless you are a war lord.

I believe that price will rise and BTC will remain as asset but we can use other currencies for every day transactions.

naturally...nobody prevents us from choosing the currency that we like, but I agree with you, bitcoin will grow and it's not time to talk about its deplorable state...this is a temporary condition that was foreseen

[Flor1982]

Several transactions of mine have gone with 0 confirmations in the past several days.  And some of those I was paying 1.5X or 2X the recommended fees.  Nothing.  Nada.  Zilch.

Bitcoin has gone from being an expensive network to use to a practically unusable network.  I was defending Bitcoin against millions of tards back in 2011 and 2012.  Are they going to have the last laugh on me now?  It pisses me off to actually see some of you defending this too and saying "this is the way Bitcoin is supposed to work".  Umm... NO IT IS NOT .

I have ZERO confidence left in Core and their "developers".  Their network can't handle the slightest bit of volume without totally seizing up.  And then Adam Back is out there with the press talking about Bitcoin vendors and merchants running a tab system??  Really??  You can't do your job properly so you want people to run a tab in BTC??  You saw this coming from 10 miles away and did nothing about it.  Stupid or malicious?... you decide.

I will be converting my remaining BTC to BCH, Dash, XMR and coins that actually work! And coins that have teams that have at least a Grade 7 level understanding of economics, ie.. "when you are at capacity, you open more locations".  And not throw out "but but centralization!!" juvenile red herrings!

Long time Bitcoiner of 6 years here saying, "SEE YA LATER! CASHING OUT NOW!"

How come for 30 years your rank is just a junior member if you are in bitcoin for 6 years? Maybe you have lot of accounts. Then if you had a long time when bitcoin faces lot of hardship before then you should be a veteran into this situation now that this is just another failed attempt to crash bitcoin because by next month the rise up begin. I dont believed that you will just easy to drop bitcoin but you will just try to attract people to quit and shift their trade to altcoins for you to benefit.

[UAE Seasider]

The fee problem is a huge issue if you want to transact in small amounts, but it that is what you want to do then you are better off using another currency instead and just use Bitcoin as a value store.

[Kakmakr]

The fee problem is a huge issue if you want to transact in small amounts, but it that is what you want to do then you are better off using another currency instead and just use Bitcoin as a value store.

People find alternative methods to bypass these problems. We use other Alt coins and Off-chain services for those micro payment, but the final conversion is always back to Bitcoin. You would be a fool not to acknowledge the problems we have now, so you just adapt to bypass the problem.

As soon as SegWit & LN is fully implemented, we go back to Bitcoin <BTC>

[nightfury]

I almost lost my trust to bitcoin when fees are getting higher as my transaction was left unconfirmed for almost a week. Maybe the blockchain is just congested now with more and more transactions everyday. But my trust to bitcoin's future remains. I know its price plunges to almost 8K since it went to 20,000$ lately but i still believe that bitcoin is going to come back again and yet will start another run that leads to set a new price high again.

[Kulafu]

Dont close the door yet. All system have always room for improvement.
I believe they are already working around on it.

[dvillier]

Do you people see that the end goal is at the highest point of a slant? That is the thing that issues at last! Whatever good and bad times you need to experience and whatever hindrances are en route you're completing more distant away and higher than you began. In the event that the street to wealth were to be simple we'd have a world loaded with moguls and just sluggish individuals wouldn't go anyplace. Sadly you can work your rear end off and as yet going in circles. It's about the correct choices.

[Sithara007]

I believe they are already working around on it.

I don't know. Ever since the scaling issues first came to the spotlight, this was the usual response from the core. They were always saying that "they are already working on it". But months and even years have passed by without any real breakthrough. Even loyal users like me are getting frustrated after being forced to pay $100+ transaction fees.