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Author Topic: sick of high fees Ive moved over to alts  (Read 879 times)
bgaf
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June 04, 2019, 12:46:34 AM
 #101

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 is now on the process of mass adoption, that includes high fees for the matter. Yeah you can shift train, but make sure you will loved it more than btc. BTC is now becoming a legal coin soon that will be serve as a currency and direct gateway for transaction. Yes altcoins have this but btc is more closely on the level of total adoption globally. Also, why youre talking about fees on btc here, I think youre in a wrong place dude.
guoyu78
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June 04, 2019, 06:37:51 AM
 #102

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.
When we talk of high fees, there is always a time this happens which is usually during congestion, and I also move to a reliable altcoins temporarily too till the network becomes free, but we should not be making if feel as if it is every time we experience high fees in Bitcoin the way the OP is making it look like.

Bitcoin transaction is still not that bad even in a congested network compared to other fees we get and I will still prefer to rely more on using Bitcoin for payment except the high fee that is too outrageous which I don’t think any fee charge for BC transaction has ever been over outrageous..
tabas
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June 04, 2019, 06:50:37 AM
 #103

No one stops you from ranting and you have the freedom to choose for whatever crypto you will save more fees. It's undeniable that the fees for bitcoin now is quite high and even those low transfers are paying that much.
What high fees are you talking?
https://bitcoinfees.info/

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Wayan_Pedjeng
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June 05, 2019, 01:14:43 PM
 #104

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.

The BCH transaction fee is very low, when you compare it with Bitcoin. Right now, the average fee is somewhere around $0.0011, which is at least 400 times lower than the Bitcoin tx fee. The median transaction fee for BSV is even lower, at $0.001. I am not sure about the transaction fee for LTC/DOGE, but let me know if they are lower than this.
Johnzky
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June 05, 2019, 01:26:38 PM
 #105

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.
Because in bitcoin we’re sure about the safeties of our money,yes it may take long time and high fees sometimes but the security is there
Not like in those shitcoins that you have mentioned in which might die soon and you won’t recover your money,so better make distance on those shitcoins
Vinalians
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June 05, 2019, 04:07:13 PM
 #106

There are so many other token out there that is almost offering zero fees in any amount of sending just make sure to use their platforms. I would not recommend BSV to you, cause there are so many complaints about that token as of this month. If bitcoin really fix or have a solution to this fees then using it would be a lot easier.
Also, remember to make sure that finding other trusted crypto would be not easy.
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