chocopapaya
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May 23, 2019, 03:12:02 PM |
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Actually, I'm more interested in who you are sending the bch and bitcoin sv to? As far as I know, no one uses it or wants it. It's only traded and is totally speculative.
BTC on the other hand, actually has use cases that are pretty widespread and useful. So fees, fees, fees, its part of the tech. If you are annoyed with it, than steer away from micro transactions and only use it for bigger ones.
Or you could switch to one of the generation 3 blockchains like iota, nano, or byteball. Out of those, I like nano the best. Once you use it, your eyes will be opened, you can never go back to normal blockchain again lol.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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florac9
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☀️ Iskra Coin ☀️
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May 23, 2019, 03:18:04 PM |
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This makes me remember last bullrun it was very hard to send out bitcoin to other wallet,the transaction fees became so huge I'm talking about using up to 30$ for transaction fees this is why I always wish there should be some upgrade to bitcoin network
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ahmia39
Sr. Member
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Trident Protocol | Simple «buy-hold-earn» system!
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May 23, 2019, 03:24:53 PM |
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The fee for bitcoin shipping is always high and I find it in several markets, so when I make a withdrawal of bitcoin I always change it in the form of altcoin, because the fee for sending altcoin is very cheap and very far compared to bitcoin.
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bittick
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May 23, 2019, 03:28:19 PM |
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Actually, I'm more interested in who you are sending the bch and bitcoin sv to? As far as I know, no one uses it or wants it. It's only traded and is totally speculative.
BTC on the other hand, actually has use cases that are pretty widespread and useful. So fees, fees, fees, its part of the tech. If you are annoyed with it, than steer away from micro transactions and only use it for bigger ones.
Or you could switch to one of the generation 3 blockchains like iota, nano, or byteball. Out of those, I like nano the best. Once you use it, your eyes will be opened, you can never go back to normal blockchain again lol.
Exactly, Bitcoin SV or BCH are jokes, there are no people that really wants it considering that these two are just rip off from bitcoin and dont really have any use cases because they are not widely accepted as means of payment unlike bitcoin which has already become a universal means of payment in cryptocurrency. The fee itself is actually already does make sense, even paypal is a lot higher than BTC but no one complaints anyway. There is also lightning network that could speed up the transaction and make transaction cheaper. People could however still choose to stick using lower fee but giving away speed, the transaction fee increase because people are pumped up to move their coin in fear of missing the train.
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electronicash
Legendary
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Merit: 1049
Eloncoin.org - Mars, here we come!
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May 23, 2019, 03:49:44 PM |
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Actually, I'm more interested in who you are sending the bch and bitcoin sv to? As far as I know, no one uses it or wants it. It's only traded and is totally speculative.
BTC on the other hand, actually has use cases that are pretty widespread and useful. So fees, fees, fees, its part of the tech. If you are annoyed with it, than steer away from micro transactions and only use it for bigger ones.
Or you could switch to one of the generation 3 blockchains like iota, nano, or byteball. Out of those, I like nano the best. Once you use it, your eyes will be opened, you can never go back to normal blockchain again lol.
Exactly, Bitcoin SV or BCH are jokes, there are no people that really wants it considering that these two are just rip off from bitcoin and dont really have any use cases because they are not widely accepted as means of payment unlike bitcoin which has already become a universal means of payment in cryptocurrency. The fee itself is actually already does make sense, even paypal is a lot higher than BTC but no one complaints anyway. There is also lightning network that could speed up the transaction and make transaction cheaper. People could however still choose to stick using lower fee but giving away speed, the transaction fee increase because people are pumped up to move their coin in fear of missing the train. there are still people using BSV particularly those who got a lot of fork coins. if you got a ton of it for free why not. transaction fee is really going to make btc transaction a pain, which i'd rather be using XRP of course i know its fee is much lesser. ETH also will have a higher fee later on. bullrun has its effect and buying altcoins will be its one. of course profit is along with it.
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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kaya11
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May 23, 2019, 03:54:28 PM |
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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.
If it is still lower than the traditional ways of paying or sending money to another part of the world then I guess it is fine. I only buy BTC because I want to double my money or even more, I don't really had a problem with the fees because I rarely send them. Again it is your choice to choose what ever alts you wanna use in alternative to bitcoin just be very careful out there.
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Script3d
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May 23, 2019, 04:42:44 PM |
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The fee for bitcoin shipping is always high and I find it in several markets, so when I make a withdrawal of bitcoin I always change it in the form of altcoin, because the fee for sending altcoin is very cheap and very far compared to bitcoin.
It's not entirely bitcoin's fault, it's just exchange overpricing their withdrawal fee just to keep more profits, you can't really escape it since you'll face the exact thing when your gonna convert your altcoin to btc.
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Pamadar
Legendary
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Activity: 2982
Merit: 1028
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May 23, 2019, 06:36:52 PM |
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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.
If it is still lower than the traditional ways of paying or sending money to another part of the world then I guess it is fine. I only buy BTC because I want to double my money or even more, I don't really had a problem with the fees because I rarely send them. Again it is your choice to choose what ever alts you wanna use in alternative to bitcoin just be very careful out there. There's always a reason why people are investing with this crypto currency, if you are aiming for long term goals you will not be affected of fees as you will not transfer your coins aside from you already gain your target value, else, you will keep it and let it grow and forget about issue that can be solved after some years of existence.
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Adriano2010
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May 23, 2019, 06:39:59 PM |
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I think is better to still use and hold bitcoin, even if there are high fee you can try accelerate your transaction for free if has at least 10satoshi fee, but anyway is your choice.
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MMA Rats
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May 23, 2019, 06:44:26 PM |
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I think is better to still use and hold bitcoin, even if there are high fee you can try accelerate your transaction for free if has at least 10satoshi fee, but anyway is your choice.
Totally agree with you. I also follow this strategy. Because I think that now is the right time to keep Bitcoin. It will still grow in the future, now it does not need to be sold.
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oseikuf44
Member
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Merit: 10
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May 23, 2019, 07:01:53 PM |
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How much high fees were you charged and what amount did you send ? Providing such data will help to know if the fees are high. If I send a Bitcoin of USD value of 200 $ I do not pay a fee of more than 2$. I don't consider this high. so let us know how high you mean. Remember there is no free lunch. Miners need to get paid.
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Gozie51
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May 23, 2019, 07:06:32 PM |
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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.
Yeah, since btc price increased I think it has also made the fees to go high. This could be because of demand and people who are selling off to take profit. After this initial rush, it could go to normal again. It was witnessed last two years too or anytime price increase.
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Inosend
Copper Member
Jr. Member
Offline
Activity: 299
Merit: 1
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May 23, 2019, 07:10:02 PM |
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I still don't know why the Bitcoin core dev still finds it difficult to fix the high fee issue just like eth have done. After the last eth upgrade it worked on the fee and it is now moderate. This has been one of the reasons I had to stop making transactions with Bitcoin
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ub27
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May 23, 2019, 07:11:46 PM |
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In my own opinion, fees are usually higher for BTC because it has the greatest percentage of the market cap, so it's usually congested. Especially now that some big players are trooping in, many people are buying BTC and miner fee is high.
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Whosdaddy
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May 24, 2019, 10:21:35 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.
You are the first person I will be seeing complaining about bitcoin fee has been high, you would have just left you money in your traditional bank and see which charge is higher. The only time we usually get high charge complain is when the price is becoming too high and also demands become much which usually create congestion for the system, which no one forced you to transact this time. Those forks you mentioned, what is their trade volume within 24hrs compared to the trade volume of bitcoin, when you see the number of people using this coin within 24hrs, you will understand why we usually have congestion sometimes and not always.
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terrific
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May 24, 2019, 10:26:24 AM |
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You can set the fees lowered than the recommended ones. If you're happy with the shift with those forked coins, it's your decision. But I'm staying to bitcoin no matter what other says.
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magicrypto
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May 24, 2019, 10:33:25 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.
Use XRP, XLM, ICX, TRX, LTC for small fees, whats your problem?) There are a lot of liquidity in those coins right now. BTC was planned like very cheap payment method, but now most people use it like investment tool, BTC is digital gold right now and it pretty good in that way, for payments there are a lot of much more cheaper and fastest coins.
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shadowduck
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Oikos.cash | Decentralized Finance on Tron
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May 24, 2019, 10:44:42 AM |
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You can set the fees lowered than the recommended ones. If you're happy with the shift with those forked coins, it's your decision. But I'm staying to bitcoin no matter what other says.
I also support the strategy to stay in Bitcoin and hold it. when it will grow then it will be possible to buy altcoins
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Icologies
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SAPG Pre-Sale Live on Uniswap!
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May 24, 2019, 10:52:03 AM |
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You can set the fees lowered than the recommended ones. If you're happy with the shift with those forked coins, it's your decision. But I'm staying to bitcoin no matter what other says.
I also support the strategy to stay in Bitcoin and hold it. when it will grow then it will be possible to buy altcoins to be able to have and buy bitcoin, of course you have to have big capital so that when get a profit it feels a lot ,I prefer coins with cheap prices although getting a profit requires a long time
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MonsterV
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May 24, 2019, 11:18:06 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.
Naturally, if transaction costs are high, that is due to a large queue and the price of bitcoin is now increasing. You may use other altcoins to transact like Monero or XRP. I also often do as you do when you feel high transaction costs.
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