freedomgo
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May 23, 2019, 02:31:00 AM |
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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.
That's really the problem now when bitcoin are mooning since the network is congested. I just got to be used to it as I need to transact, but your idea is good but for me, I haven't tried using BCH or SV for transaction, I am using ETH as an alternative, it's not that cheap but the transaction fee is more acceptable compared to BTC's current transaction fee now.
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Pffrt
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May 23, 2019, 04:48:17 AM |
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You can use segwit for lower fees. The problem with BCH and BSV is those coins can anytime get destroyed, specially BSV since they have shady behavior from the beginning. If you use cryptocurrency as payment method, why don't you use other coins? There's thousand of coins. I suggest using DeepOnion because it has faster speed and lower fees.
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disconnectme
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May 23, 2019, 05:46:45 AM |
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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 don't understand why people always complain about the fee of BTC, what BTC guarantee is security, how many confirmation do you need for BTC deposit on exchange as compare to BCash, do not mention BcashSV. If you are transferring from you own wallet there are ways to scale down the fees, if you are not interested in the speed of things.
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pushups44
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May 23, 2019, 05:57:55 AM |
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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.
Bitcoin fees aren't that bad anymore, and the second layer infrastructure for it is still being developed. As for alternatives to bitcoin, there is LTC. At least LTC does not try to confuse the public by adopting the bitcoin name.
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maxreish
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May 23, 2019, 06:01:38 AM |
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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. At first, i was also complaining about the high fees. But yes, I am now used to it. You can get back the fres when you earn profits from btc trading, right? Anyhow, that is your decision. Altcoin transactions is greater than btc, i may agree with that since I've also determined the differences between altcoin tx's and btc tx's. I could suggest you choose an exchange that offers small fees. DYOR is the best thing here to know the best exchanges that had smaller fees with good system.
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talkbitcoin
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All I know is that I know nothing.
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May 23, 2019, 06:02:02 AM |
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haha, obviously OP is just an altcoin bag holder who is wishing for more profit ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) there is only two cases where you use cryptocurrencies: 1. investment. in which case there is no way anybody in his right mind to give up bitcoin for altcoins since we all can see the potential of bitcoin and how it is the only thing that moves in long term while others continue to drop. not to mention that investors don't care about fees! 2. currency. in which case if you wanted to spend bitcoin, the places you want to spend doesn't accept altcoins so even if you switch to altcoins they still don't accept it and you had fooled yourself and lost a lot of money for that conversion.
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Deallove9
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May 23, 2019, 06:38:46 AM |
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In a short word you are telling us that bch and it counter part are better off btc, well its your opinion why we that believe in Btc will stay with it as who ever need btc from you will never take bch is Sv in replace for btc.
Get use to the fee as I don't don't pay much in sending and someone with empty block and low fees to convince people is only doing a copy of what we have and he jmhas no idea what so ever what bitcoin was cos if he did , he would have create it for a while or even create his own coin but only duplicate he know about.
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Akonobea
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May 23, 2019, 06:52:54 AM |
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It's quite strange how bitcoin transaction fees have increased off late but i am sure it's because of the recent increase in price of bitcoin. Moving to alts would only let you miss out on the bull run of bitcoin in case of a pump in price so better endure these fees.
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mindrust
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”Let our socialism set you free of your free will"
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May 23, 2019, 06:58:00 AM |
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Those coins you mentioned are cheap because they are not secure.
They have less than %10 of bitcoin's hashrate.
If you are going to hold a few hundreds on those networks, I can understand your rage that's fine but many people keep their life savings on bitcoin's network and that's usually a few $10k's and sometimes it is more than $100k.
Nobody in the right mind would keep more than $1k on bcash.
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Ailmand
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May 23, 2019, 06:59:30 AM |
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That's actually the struggle of most holders and it's hard to get rid of it. As the price of Bitcoin increases, the fees are also getting higher. I'm still paying those fees because I want assurance of gaining a good profit since bitcoin is profitable these days. I'm sure that same thing would happen to altcoins. When the prices increase, the fees would strike high as well.
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michellee
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May 23, 2019, 07:15:11 AM |
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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.
Bitcoin fees aren't that bad anymore, and the second layer infrastructure for it is still being developed. As for alternatives to bitcoin, there is LTC. At least LTC does not try to confuse the public by adopting the bitcoin name. You can name any coins which have a low price than bitcoin, and you can have a low fee to pay. As he mentions bch and sv, then I think people can do the same thing as him. But the other people will not have the same decision to use that coin for a transaction or withdrawing to fiat. But yes, we need to know how much the fee of making the transaction so we can choose the coins which is fit with what we want.
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fortunecrypto
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May 23, 2019, 07:15:19 AM |
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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.
Sometimes or most of the times, there's congestion, that is why I always look for a better option to send altcoins or pay someone with altcoins and Ethereum is good alternatives and a good options for both parties, I believe in Bitcoin I still am but Ethereum is a good option when sending.
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voltesbit777
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May 23, 2019, 08:18:10 AM |
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Altcoins for less transaction fees is a good alternative for bitcoin transaction. We already know that as the price of bitcoin rises, so with the number of transactions, so with the transaction fees. However, altcoins might have less percent increase in value than bitcoin, which makes it less valued. So, better to choose the one which is on the rise.
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fathur01
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May 23, 2019, 08:25:08 AM |
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Very strange, because I do not remember the last days I paid a high fees. But in extreme cases, you can try to make a transfer using LTC or other altcoin with low fees. Perhaps it was some kind of failure or error mining pool, this recently occurred in the Ethereum network.
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steveabrahams
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May 23, 2019, 08:29:01 AM |
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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.
Sorry but it's not that high lol, you can still use <$1 fee an you can still get fast confirmed. I'm not recommend bitcoin cash. Litecoins should be fine if you want low fee. Tbh if we compared the fee of bitcoin with what happen on 2017, it's still super low imo. Still affordable and normal for the fee.
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Indrawan77
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May 23, 2019, 09:23:12 AM |
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I think its your choice and it's a reasonable choice if you compare the fee, for fee maybe alt could be better choice, but btc can act as currency and its more stable, and more people accepting btc as payment, so for me its better to used btc as payment but each coin got advantage and disadvantage, so its depend on your need
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cahbagus555
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May 23, 2019, 09:26:53 AM |
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Very strange, because I do not remember the last days I paid a high fees. But in extreme cases, you can try to make a transfer using LTC or other altcoin with low fees. Perhaps it was some kind of failure or error mining pool, this recently occurred in the Ethereum network.
Indeed, as far i know, bitcoin transaction very low and i think there is a mistake if the fees too high. Many option if we want to transfer crypto, if you think bitcoin are too expensive, you can use ethereum or doge or others coin, but for investment, i am prefer bitcoin
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ricardobs
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May 23, 2019, 09:36:16 AM |
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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 was only sick of it when I first came into the system and we began to see a major bull run in the price of Bitcoin and other crypto in the market, then I realized that the price we have to pay for seeing a bull run in bitcoin is that we are going to see an increase in the fees for sending out transactions until the price of the coin has been balanced.
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Menawi12
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May 23, 2019, 09:48:52 AM |
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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.
There is lightning network right now to reduce transaction fee and i think its very low fee. But there is a lot option if we want to transfer coin with more faster and cheaper, you can use RavenCoin or ethereum or other decentralized cryptocurrency
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playboy654
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May 23, 2019, 03:07:31 PM |
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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.
Ethereum fee also nearly same at the moment if you want your transaction to be on the priority of the miners.Or any other altcoin if it got so much demand like bitcoin having then the situation will same as of now due to the increase of their value against USD which creates an illusion that current transaction fee is to high.
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