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Author Topic: sick of high fees Ive moved over to alts  (Read 879 times)
anatolij.shishkin
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May 25, 2019, 10:37:13 AM
 #81

Not who does not want. This is the main problem. Therefore, new projects appear on the market which grow over time. And Bitcoin goes like gold into which it is invested for a long time. And they keep capital there.

kangkilokang
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May 25, 2019, 12:23:01 PM
 #82

Not who does not want. This is the main problem. Therefore, new projects appear on the market which grow over time. And Bitcoin goes like gold into which it is invested for a long time. And they keep capital there.
new projects are not all bad and there are a number of good projects that can produce good profits.
capital is not too big and can generate enough money, it is a good and economical opportunity.
Altcoin is easy to have because it doesn't require large capital and good movement.

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igor.vanyutin.83
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May 25, 2019, 12:24:20 PM
 #83

Thats why I prefer to use altcoins, because fees in the current BTC network are extremely high and slow. I would rather use LTC or ETH to make my transaction within several minutes, rather than to pay 10 USD and to wait for 5 hours.
m0Ray
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May 28, 2019, 03:01:05 PM
 #84

For this reason, altcoins have become popular. And I can not understand why such a huge amount of money invested in bitcoins. After all, bitcoin is an outdated project with huge fees. Much easier and cheaper to use alticinae. In addition to the minimum fees, they have fast transactions.


Mighty_crypt
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May 28, 2019, 03:24:34 PM
 #85

Bitcoin is surging and transaction price are getting higher ,same thing happened in 2017 when btc hits 18k it became hellish to send low satoshis I think this will be a problem if bitcoin hits higher this time than past ATH ,just imagine if bitcoin hits 50k per btc what will happen to transaction fees?

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ahmed04
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May 30, 2019, 05:10:24 AM
 #86

I wrote many times that bitcoin in the future will not be listed as a means of payment - it is inconvenient and expensive.But people do not understand and continue to believe in low-functional bitcoin.


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May 30, 2019, 12:43:53 PM
 #87

I'd better advise you to go for an investment in altcoins, since you, like any other trader, want to make money, and you can make money on altcoins best of all, since they cost very little, but they have a rather high growth potential, so I advise you to look at this mind tokens and already make certain decisions.
Wayan_Pedjeng
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May 30, 2019, 01:03:55 PM
 #88

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.

Hmmm... this is one of those issues which may never get resolved. And this is precisely the reason why I still keep BCH and BSV in my wallet, although I don't like these coins. In case the exchange rates rise, then we may witness a repeat of the situation that we had in 2017 December, when the average transaction fee was $20 or $25.
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May 30, 2019, 01:10:36 PM
 #89

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.
many are now switching to LTC and that's the reason why they are moving to LTC. I agree with you that a low fee is the main cause many people turn to altcoin which has the potential to grow high like this LTC.
HanaTenun
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May 30, 2019, 01:22:25 PM
 #90

many are now switching to LTC and that's the reason why they are moving to LTC. I agree with you that a low fee is the main cause many people turn to altcoin which has the potential to grow high like this LTC.
I rarely store LTC in my portfolio. sometimes I only use it for transactions to move assets because transaction costs are cheaper than bitcoin and other assets.


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redsun114
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May 31, 2019, 06:00:27 AM
 #91

Thats why I prefer to use altcoins, because fees in the current BTC network are extremely high and slow. I would rather use LTC or ETH to make my transaction within several minutes, rather than to pay 10 USD and to wait for 5 hours.
I have never paid that high and waited for that long for my transactions to be effected, it might just be that the time you were probably making that transaction was when there was congestion which usually leads to high fees and delay of transactions.

Most times that I want to send my transactions over Bitcoin, I make sure that I confirm the status then to be sure we don’t have any form of congestion that could make my fee high or delayed, once I see that we have congestion, I also flip over to coin like LTC and ETH if I have no choice, but on a normal market condition, I would prefer BTC.

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May 31, 2019, 06:08:30 AM
 #92

During the 2017 price spikes, I experience an extreme high fees in bitcoin and it was totally alarming. I couldn't keep up with it so I had to explore every other possible means of transactions to minimize this fees. I had to switch to ethereum and most of my transactions with it. Ethereum also once had such high fee but currently it has bungee worked on I guess.

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Wayan_Pedjeng
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May 31, 2019, 03:08:10 PM
 #93

During the 2017 price spikes, I experience an extreme high fees in bitcoin and it was totally alarming. I couldn't keep up with it so I had to explore every other possible means of transactions to minimize this fees. I had to switch to ethereum and most of my transactions with it. Ethereum also once had such high fee but currently it has bungee worked on I guess.

Ethereum had high fees sometimes, but even during those times, it hardly ever got above the $2-3 range. And when the users started complaining about the fee being unaffordable, the developers acted very quickly and found the solution. The advantage with Ether is that the developers don't fight among each other, unlike the case with Bitcoin.
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May 31, 2019, 03:56:39 PM
 #94

I use for small calculations, for example, up to 100 dollars, Ethereum or Waves. These coins are very liquid and I keep them as a means of payment.

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May 31, 2019, 04:02:22 PM
 #95

high fees make you feel bad dude.
maybe you need to strat to choose exchange with light fee or free fee.
some exchange have that feature and it is so useful, you can trade whatever you want with 0 fee.
but for WD is still have a fee.

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May 31, 2019, 04:08:43 PM
 #96

The transaction fees are not that high really it is just less than a dollar but it is really a smart move to move to altcoins if you are for about to use it as regular payment method for everyday for the very much cheaper fee, I personally use litecoin and even dogecoin super cheap much wow for you
sh4dtechnr
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May 31, 2019, 04:28:31 PM
 #97

Bitcoin should be viewed as a means of storing value, and not a means of payment or transfer. Bitcoin is digital gold. You don't pay gold for coffee, right? For this purpose, there is a very good altcoins like nano, bch, and so on.. doge very good, i think.. and Verge (private).

The problem of Bitcoin's scalability has not yet been resolved and commissions with it's price increase will be even more expensive.. The network will lag terribly. This is a sad truth. That problem should be solved by the full implementation of the the lightning network.. Maybe in the future there will be some other kind of new technologies, that will solve the problem of Bitcoin's scalability.
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May 31, 2019, 04:31:48 PM
 #98

Fee is indeed very sensitive for everyone. Because if the fee is very large, people will not do it. Because the fees obtained from each transaction will make people rich if the fee is large. I also make a transaction every time I see the fee first. And I have never used BCH or SV.
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May 31, 2019, 04:38:49 PM
 #99

Fee is indeed very sensitive for everyone. Because if the fee is very large, people will not do it. Because the fees obtained from each transaction will make people rich if the fee is large. I also make a transaction every time I see the fee first. And I have never used BCH or SV.
I think your choice is right because BCH and SV have a fairly large fee. there may be alternatives such as LTC or DOGE coin which have a cheaper fee. it will make your income not cut too large.

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June 04, 2019, 12:20:37 AM
 #100

What high fees are you talking?
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