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Author Topic: sick of high fees Ive moved over to alts  (Read 879 times)
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May 21, 2019, 09:40:43 PM
 #1

I used to be in the bitcoin core crowd but after still paying ridiculous fees recently Ive moved over to bch and SV, I Guess this is kind of a rant, but I dont understand who the hell wants to pay high fees to send money to someone.
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May 21, 2019, 11:53:22 PM
 #2

I used to be in the bitcoin core crowd but after still paying ridiculous fees recently Ive moved over to bch and SV, I Guess this is kind of a rant, but I dont understand who the hell wants to pay high fees to send money to someone.
Get used to it and thats the main problem with Btc when the entire network is congested when the price tends to rally.So having another altcoin as an option isnt bad afterall.

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May 22, 2019, 01:12:26 AM
 #3

I used to be in the bitcoin core crowd but after still paying ridiculous fees recently Ive moved over to bch and SV, I Guess this is kind of a rant, but I dont understand who the hell wants to pay high fees to send money to someone.


once value goes up this happens.
it will come to BCH soon too

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May 22, 2019, 01:16:02 AM
 #4

Be completely honest: Have you actually tried transacting recently? This is likely just one of those posts complaining about the fees even though the person complaining hasn't even tried transacting.

Even though the mempool has been a bit congested since the past few weeks, the fees are still A LOT lower than it used to, assuming you're actually using a SegWit address. There's no reason for you not to do so.

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May 22, 2019, 02:44:25 AM
 #5

I used to be in the bitcoin core crowd but after still paying ridiculous fees recently Ive moved over to bch and SV, I Guess this is kind of a rant, but I dont understand who the hell wants to pay high fees to send money to someone.

I think some people don't mind to pay high fees to the network because the amount of withdrawing they made will bigger than the fee itself. Besides that, I think with the higher fee of the transaction, it will get confirmed in a short time and we don't have to wait for long or even days. But it depends on every people who want to use other coins, and we cannot force them to use bitcoin only.

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May 22, 2019, 02:57:20 AM
 #6

Hmm... maybe the problem is your technical knowledge or/and used client.

I've just sent $60 with <$1 fee (very high priority) and got confirmed after <10minutes; is that expensive?
I've sent $30 before with the same <$1 fee (very high priority) and got confirmed after <10minutes.
I've sent a $200 in BTC last month with the same fee and also got confirmed after the next block.

How's that possible?
I'm only using one input each for these transactions;
because during low mempool times, I'm consolidating all my small inputs and change when 1sat/byte fee is possible.
Always refer to the link's last page for the signal if it's possible to consolidate as cheap as possible.

But go on, you have the right to choose which coin to use, this is just an advice.

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May 22, 2019, 03:08:11 AM
 #7

I used to be in the bitcoin core crowd but after still paying ridiculous fees recently Ive moved over to bch and SV, I Guess this is kind of a rant, but I dont understand who the hell wants to pay high fees to send money to someone.

I think some people don't mind to pay high fees to the network because the amount of withdrawing they made will bigger than the fee itself. Besides that, I think with the higher fee of the transaction, it will get confirmed in a short time and we don't have to wait for long or even days. But it depends on every people who want to use other coins, and we cannot force them to use bitcoin only.
Yes, for those who can afford the transaction fees and wanted to have a much quicker transactions will not mind the amount, but for small traders/investors who just earning little fractions of bitcoin surely they will feel the fees, and like what you have said everything will be depends on how people will embrace this process and support the system.

We do have our own freedom choosing what we wanted to support inside this industry, that's the reason behind why people still supporting the market.
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May 22, 2019, 08:52:31 AM
 #8

Why are you bothering with any Bitcoin shitfork? Use LTC.

I sold some BSV for LTC the other day. The exchange I sold the BSV through wouldn't let the LTC go until 200 BSV confirmations. That was nearly two solid days. Boy, that's some real faith in the security of its chain.

My conclusion - the shittest shitcoin in shitland.
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May 22, 2019, 12:24:54 PM
 #9

Fees really aren't that bad anymore at the moment, I don't think I've paid more than around 75 cents in fees in the past couple of days.
Didn't have to wait too long for confirmations, like an hour at most.
Now, I don't typically pay what my wallet suggests, I look up the fees beforehand.

https://bitcoinfees.earn.com/

You can see that a lot of people are just overpaying at the moment.

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May 22, 2019, 02:02:08 PM
 #10

I used to be in the bitcoin core crowd but after still paying ridiculous fees recently Ive moved over to bch and SV, I Guess this is kind of a rant
I can see that you're just a troll boy. Why would you choose both BCH and BSV? Someone really interested in shifting would choose one.

I dont understand who the hell wants to pay high fees to send money to someone.
I don't understand why anyone would use a network (BSV) that got re-orged a couple of times recently, or a network (BCH) where BTC.TOP mining pool obtained 55% of the hashrate a couple of days ago. On top of that, Calvin is trolling BCH's network by mining empty or near empty blocks. Now that's cool.  Roll Eyes
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May 22, 2019, 06:11:04 PM
 #11

I used to be in the bitcoin core crowd but after still paying ridiculous fees recently Ive moved over to bch and SV, I Guess this is kind of a rant, but I dont understand who the hell wants to pay high fees to send money to someone.
May I know how much you had transacted and what fee you had paid? Tongue

Fee is almost $1 when I made a transaction today which might worth about $150 or less and I guess this is not the fee will make someone sick.

BCH is not the right option when you want to reduce fee,there are some shit coins with no or very low fee for transactions.Try it.

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May 22, 2019, 06:23:55 PM
 #12

I used to be in the bitcoin core crowd but after still paying ridiculous fees recently Ive moved over to bch and SV, I Guess this is kind of a rant, but I dont understand who the hell wants to pay high fees to send money to someone.

While you making transaction, it will pass through the blocks and if you needs transact it very fast then you need to pay high fees for that transaction. Generally most of the wallet providers prefixed the average fees to make the transaction. If you modify it then it really hard for you in fee structure.

To solve the fee problems you may move the BTC to any trusted segwit wallets like Electrum, Greenadress and so on.

I believe the conversion your bitcoin to BCH and BSV is not a nice idea when we are checking the potential comparison of this and that coin.

To learn more how to reduce the fees you read it here on bitcoin wiki.
https://en.bitcoin.it/wiki/Techniques_to_reduce_transaction_fees

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May 22, 2019, 06:27:00 PM
 #13


My conclusion - the shittest shitcoin in shitland.
Havent tried out to make transactions with BSV but the thing you are trying to elaborate here do picture out on how shitty this coin is.I do rather treat this question as trolling yet there are lots of options way more better than
on this shitty Bitcoin fork shitcoin. hehe

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May 22, 2019, 06:40:13 PM
 #14


Of all altcoins, you pick the BSV that most people here are avoiding. Fees are really is giving headaches. There are so many altcoins to choose from, you could have pick the ones that is obvious being used in casinos at least.  Pick EOS or the ETH which still hasn't bloom much since the start of the bulls.

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May 22, 2019, 07:44:04 PM
Last edit: May 22, 2019, 07:56:44 PM by leowonderful
 #15

I gamble pretty regularly and I've been switching over to using Litecoin recently. Most crypto casino sites accept LTC as a method of deposit, and fees are much lower than Bitcoin's most of the time. I've also tried out using Doge and other coins with lower fees that are accepted by casinos in the past, but LTC's accepted in more places in general than most of those other coins and I've been keeping a small part of my crypto stash in LTC ever since.
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May 22, 2019, 08:16:54 PM
 #16

I used to be in the bitcoin core crowd but after still paying ridiculous fees recently Ive moved over to bch and SV, I Guess this is kind of a rant, but I dont understand who the hell wants to pay high fees to send money to someone.
I still don't understand what these people want. Why are there altcoins (alternative coins)? Because they offer you what bitcoin can't offer and opposite, bitcoin offers you what altcoins can't offer.
Let me explain why it seems like people stick with bitcoin and pay high transaction fees: I have bitcoin, price rises, when other person without bitcoin sees this, he/she wants to buy bitcoin and do what I do - buy low / sell high.
This causes increased number in transactions which automatically leads to an increased fees. In any way I have to move bitcoin because I make money from it, thatms why I stick with it and don't care much about transaction fees.

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May 22, 2019, 10:57:33 PM
 #17

I used to be in the bitcoin core crowd but after still paying ridiculous fees recently Ive moved over to bch and SV, I Guess this is kind of a rant, but I dont understand who the hell wants to pay high fees to send money to someone.

Why are you still stuck in core when you can use segwit for cheaper and faster transactions? I think you should try it.

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May 22, 2019, 11:05:37 PM
 #18

Yes it is a pain.
We have a lot of options by now though. You could go out and try Western Union. You will see that it is just the same or maybe worse than bitcoin transaction fee.
Other is Ethereum which is really cheap even before.
Now, you will only need to exchange your BTC to ETH which will also have fees. It will just be the same in the end.
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May 23, 2019, 12:17:39 AM
 #19

I feel you thats why I transfer to ethereum too since theres a lot of affordable transaction site to use for it unlike btc. I happen to be inlove using eth's platform already and been trading a lot for a long time already.

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May 23, 2019, 12:47:01 AM
 #20

I used to be in the bitcoin core crowd but after still paying ridiculous fees recently Ive moved over to bch and SV, I Guess this is kind of a rant, but I dont understand who the hell wants to pay high fees to send money to someone.

The fees are relatively lower than they were before. You just need to adjust the fees according to your urgency. I'm doing most of my transactions below 50 cents. Though 50 cents is still high if you consider other alts.
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