Bitcoin will die if this is not sorted out

[Cryptoshops]

Bitcoin and other crypto coins will die a slow death if they do not sort out the high transaction fees and the stuffed up slow arsed networks. People will just get fed up with it in the end 

[jmlona]

Bitcoin and other crypto coins will die a slow death if they do not sort out the high transaction fees and the stuffed up slow arsed networks. People will just get fed up with it in the end 

Of course they will, you're right. It's like anything else, bitcoin has built up a lot of good faith and so it can survive off that for a while but if in time nothing changes that good faith will start to dwindle and eventually be worth nothing. Hopefully lightning network can be the solution bitcoin desperately needs.

[Cryptohad]

yes, I agree with you, I think the intention is not dead, but the crypto world will still exist, but the users are few. and this is a result of expensive and slow systems.

[brianc1]

As much as he may be bad for crypto John McAfees recent one to one interview on youtube he answers this questions and I tend to agree. Currently there are many people trying to get a cut of the profits, including the miners, once a deal is struck these fees will drastically drop and transaction times will be sorted, we're just in a bad period now and it's best to try leave any BTC where it is and not move it around too much

[aso118]

Bitcoin and other crypto coins will die a slow death if they do not sort out the high transaction fees and the stuffed up slow arsed networks. People will just get fed up with it in the end 

If high transaction fees and slow networks bother you, there are plenty of alts which will work for you. Bitcoin Cash and Litecoin are examples of coins where the fees are far lower. Of course, the hashing power backing the network is far lower too. All cryptocoins are not equal and there could be one to satisfy every feature you require.

[joebrook]

Bitcoin and other crypto coins will die a slow death if they do not sort out the high transaction fees and the stuffed up slow arsed networks. People will just get fed up with it in the end 

At the moment it’s only bitcoins that is charging high and outrageous fees because of their block size. Bitcoin Cash is not going through that kind of trouble that’s why people are investing more into it. Bitcoin is the only crypto with that problem currently.

[Cryptoshops]

Bitcoin and other crypto coins will die a slow death if they do not sort out the high transaction fees and the stuffed up slow arsed networks. People will just get fed up with it in the end  

If high transaction fees and slow networks bother you, there are plenty of alts which will work for you. Bitcoin Cash and Litecoin are examples of coins where the fees are far lower. Of course, the hashing power backing the network is far lower too. All cryptocoins are not equal and there could be one to satisfy every feature you require.

Yeah that is why the altcoins are gaining value all of a sudden.  But for people who are trying to use Bitcoin as a currency and not just a pump and dump to get rich quick  its getting to the point where it will no longer be a viable cryptocoin  to use.

[FrueGreads]

Bitcoin and other crypto coins will die a slow death if they do not sort out the high transaction fees and the stuffed up slow arsed networks. People will just get fed up with it in the end 

I'm not really worried with that because all coins will solve their scalability problems in a matter of time. We all know how fast technology evolves, so those problems will be over in a relatively short period of time. Also, most users are storing coins and not using them, specially when it comes to bitcoin, that is compared to gold right now. So even now, bitcoin has a use as store of wealth, and it's fees aren't that high if you use it for to transfer large sums of money. Don't forget that the LN will arrive soon in my opinion, and that alone will solve the problems you've mentioned.
My only concern, and it's not a big one really, is how regulation will be done, that is the only threat to bitcoin right now, and is not a big one, since BTC is decentralized and can't really be banned.

[minersday]

Bitcoin and other crypto coins will die a slow death if they do not sort out the high transaction fees and the stuffed up slow arsed networks. People will just get fed up with it in the end 

I think that it will happen if dumb people like you keep using bitcoin for a while. Bitcoin is not for everyone in here, if you do not know why the fees are so high, then you deserve to use crappy coins of less than 1 satoshi each.

The fees are high because of the network congestion, and it everything goes good during the next few months or weeks, the lightning network is going to get approved by the masses.

And it would mean that the fees are drastically going to be zero.

[Cryptoshops]

Bitcoin and other crypto coins will die a slow death if they do not sort out the high transaction fees and the stuffed up slow arsed networks. People will just get fed up with it in the end  

I'm not really worried with that because all coins will solve their scalability problems in a matter of time. We all know how fast technology evolves, so those problems will be over in a relatively short period of time. Also, most users are storing coins and not using them, specially when it comes to bitcoin, that is compared to gold right now. So even now, bitcoin has a use as store of wealth, and it's fees aren't that high if you use it for to transfer large sums of money. Don't forget that the LN will arrive soon in my opinion, and that alone will solve the problems you've mentioned.
My only concern, and it's not a big one really, is how regulation will be done, that is the only threat to bitcoin right now, and is not a big one, since BTC is decentralized and can't really be banned.

Yeah the sooner the LN comes into public use the better and tbh Bitcoin now is becoming less and less decetralized as traders and wallet services are asking for ID,  plus its now being controlled by Fiat money because all most all people do is buy it and re-sell it for Fiat money. If people couldnent get Fiat money in exchange for it,  it would become worthless so even though no one person controlls Bitcoin it is still being dictated to by Fiat money.

[Cryptoshops]

Bitcoin and other crypto coins will die a slow death if they do not sort out the high transaction fees and the stuffed up slow arsed networks. People will just get fed up with it in the end 

I think that it will happen if dumb people like you keep using bitcoin for a while. Bitcoin is not for everyone in here, if you do not know why the fees are so high, then you deserve to use crappy coins of less than 1 satoshi each.

Are you for real lol I was most prob using Bitcoins way before you. I minned them in 2012 and I used them for website payments which unlike you who sells your siggy for a few bitcoins.

[puppiadog]

If high transaction fees and slow networks bother you, there are plenty of alts which will work for you. Bitcoin Cash and Litecoin are examples of coins where the fees are far lower. Of course, the hashing power backing the network is far lower too. All cryptocoins are not equal and there could be one to satisfy every feature you require.

The whole altcoin thing really confuses me.  The Bitcoin Cash (BCash) people are convinced whatever solution they have to the scaling/fees issue is the right one.  If it is, why didn't the Bitcoin devs implement it then?  Is it true the only reason Bcash and Litecoin don't have the fees/transaction issue Bitcoin has is because no one uses it?

[coinycoiny]

Why bother with lightning and segwit. Bitcoin cash works. Just move over. Sorry if you sold your coins or bought the wrong one but hey ho.

[Cryptoshops]

Why bother with lightning and segwit. Bitcoin cash works. Just move over. Sorry if you sold your coins or bought the wrong one but hey ho.

I havent sold them

This is the problem.  Bitcoin was supposed to be a new way for paying for things and all people want to do is buy and sell them  for real money which is what has caused the stuff up with the transactions with every tom dick and harry trying ro make a fast buck  With people like myself who are trying to use Bitcoins on websites as a payment method it has totaly stuffed it up for us so we will end up looking at altcoins like Ripple which atm is fairly stable and fast and cheap to use as an everyday buy and sell coin which defeats the whole object of a decetralized sytem. Website owners who are trying to support and use bitcoins will just get fed up and go elsewhere in the end.

[coinycoiny]

This is the problem.  Bitcoin was supposed to be a new way for paying for things and all people want to do is buy and sell them  for real money which is what has caused the stuff up with the transactions with every tom dick and harry trying ro make a fast buck  With people like myself who are trying to use Bitcoins on websites as a payment method it has totaly stuffed it up for us so we will end up looking at altcoins like Ripple which atm is fairly stable and fast and cheap to use as an everyday buy and sell coin which defeats the whole object of a decetralized sytem. Website owners who are trying to support and use bitcoins will just get fed up and go elsewhere in the end.

Bitcoin cash is probably the best option for you then. Lets face it, if it wasn't for the greedy miners then you'd be using it anyway. Don't understand why people persist in supporting bitcoin and all the fudges they're coming up. Transaction fees are here to stay, without a fork.

[chukaday]

Bitcoin and other crypto coins will die a slow death if they do not sort out the high transaction fees and the stuffed up slow arsed networks. People will just get fed up with it in the end  

I'm not really worried with that because all coins will solve their scalability problems in a matter of time. We all know how fast technology evolves, so those problems will be over in a relatively short period of time. Also, most users are storing coins and not using them, specially when it comes to bitcoin, that is compared to gold right now. So even now, bitcoin has a use as store of wealth, and it's fees aren't that high if you use it for to transfer large sums of money. Don't forget that the LN will arrive soon in my opinion, and that alone will solve the problems you've mentioned.
My only concern, and it's not a big one really, is how regulation will be done, that is the only threat to bitcoin right now, and is not a big one, since BTC is decentralized and can't really be banned.

Yeah the sooner the LN comes into public use the better and tbh Bitcoin now is becoming less and less decetralized as traders and wallet services are asking for ID,  plus its now being controlled by Fiat money because all most all people do is buy it and re-sell it for Fiat money. If people couldnent get Fiat money in exchange for it,  it would become worthless so even though no one person controlls Bitcoin it is still being dictated to by Fiat money.

Perhaps though it wouldn't be worthless if the speculation aspect was taken out. I mean Bitcoin was that way for its first few years and people were using it as currency. It has shifted away from that at the moment but I think it will slowly shift back towards what it was intended for which was a new currency and a new system so that banks can't print money whenever. Give it time they will figure out all the issues I am positive about this .

[Semaj123]

Sorting out is a good product concept of bitcoin, in that formation it is creating a hear to people. It is a good idea when a group shared their ideas about bitcoin because it brings bane to everyone and it is a business environment now a days because people are attached to much in technologies for sure Bitcoin is known everywhere. As far as I know it is a new product development and people knows the complete process of it. I surely assure that Bitcoin will not die because it keeps on sorting.

[bp.comp69]

Bitcoin and other crypto coins will die a slow death if they do not sort out the high transaction fees and the stuffed up slow arsed networks. People will just get fed up with it in the end 

maybe yes maybe no ... if the trader has a lot of capital, for trading it does not disturb them, suppose profit + - 1xxx $ / hari and cost spent 100 $ / day of course they will not be bored even though the price of the transaction went up. if you have a little capital of course will make you bored with transaction costs

[tannerchum]

It will not die because everyone keep on sorting the bitcoin. Bitcoin is famous and known everywhere. Maybe, in my own idea it won't die unless we keep on sharing the knowledge that we have understand about bitcoin. This kind of business is a new trend business in the market which the product is a concept of everyone that deals with ideas of people who caters to answer some questions which is related to the crypto currencies, BTC and the future of bitcoin for the other years to come.

[jseverson]

Like other people already have told you here so does Bitcoin Cash solves this issue for you, with lower fees and faster transactions. 

Actually, if you actually care about the well being of Bitcoin, you probably shouldn't support Bitcoin Cash. Their shills are one of the most vocal Bitcoin FUDers on the internet, even going as far as to claim that Bitcoin Cash is the true Bitcoin. They were also responsible for a network spam attack a few months ago, which also ended in a Bitcoin Cash pump and dump.

You're still free to do whatever you please, though, but if you simply want to use alts then Litecoin is a better option. It's faster with lower fees.