Here is why btc will die as a crypto

[usekevin]

If you think the reason why bitcoin exist is to make fast and cheap transactions, you don't understand what cryptocurrency is about.

Bitcoin is not about sending money fast or cheap, but about sending it freely: Immutability, censorship-resistance, and permissionless.

All "fast" blockchains are just centralized and slower than visa. If you don't care about decentralization and just want to make fast transfers, you should use Visa.

Edit:
I just checked the mempool, it is completely empty. You should have used 1 sat/byte and paid less than 0.01 usd.
Next time, check the mempool before sending
You can do it here

Many bitcoin transaction fee will be low in many exchanges.One of them is localbitcoin,coinbase,local crypto.Now bitcoin became a old currency with a good number of buyers every month.The pump in price had started to reduce below 18900$.Now paypal had a use of bitcoin transaction and increased a flow of bitcoin.

[vaultman]

In my opinion, bitcoin will never die as a cryptocurrency, because it was the first cryptocurrency in the world, everyone knows it. I am sure they will always use Bitcoin. What can stop bitcoin is the laws banning the use of bitcoin in most countries of the world, then people will look for a more anonymous cryptocurrency, but most likely governments will simply impose taxation on bitcoin exchanges.

[wheelz1200]

The people who knock bitcoin are usually the least educated about bitcoin

You just gave another reason btc will die as a crypto ... if a kid need to study cryptography , math , programming etc ...to buy candy with bitcoin ,then it's not a good crypto . Btc is mostly a proof of concept.Not very functional and user friendly. This is why people prefer windows and macOS instead of  linux . Linux is for pro's , windows and macOS is for avg Joe.

So in the 1980s when people were knocking the internet because they were the least knowledgeable about it, that meant the internet would never work.  Crypto is not completely user friendly...yet.  once they put icons on the screen and less command line requirements more of the general population could then use the internet.  Just because bitcoin today looks the way it does, doesn't mean thats the way it will look tomorrow.  Things change deal with it

[TopT3ns]

In my opinion, bitcoin will never die as a cryptocurrency, because it was the first cryptocurrency in the world, everyone knows it. I am sure they will always use Bitcoin. What can stop bitcoin is the laws banning the use of bitcoin in most countries of the world, then people will look for a more anonymous cryptocurrency, but most likely governments will simply impose taxation on bitcoin exchanges.

indeed bitcoin will never die because it has a very high demand but you must know that the possibility of using bitcoin will weaken when there is no electricity in the world because basically the movement of bitcoin depends on the internet network.

[bits4books]

BTC will die (if you want use this word) not because of commissions, but because of the time of confirmations and TPS. This is no secret to anyone.
Again, what don't you like? If there are high commissions, it means that a high number of transfers live here and now. How could it die because of the highs commissions that increase miners profits and means high usage? A bit mutually exclusive, isn't it?

[coolcoinz]

So you're all arguing whether bitcoin will die or not because this dude tried to send 0.3 USD through blockchain? What's the point of such transaction, what would you even buy with that? A cup of coffee or even a pack of chewing gum is more expensive. You even pay more than that for taking a piss in a public bathroom.

[error08]

So you're all arguing whether bitcoin will die or not because this dude tried to send 0.3 USD through blockchain? What's the point of such a transaction, what would you even buy with that? A cup of coffee or even a pack of chewing gum is more expensive. You even pay more than that for taking a piss in a public bathroom.

He paid an exaggerated fee as the pic shows the transaction will be confirmed within 10 minutes with 13 sats/byte, instead he paid 32 says/byte. it could be confirmed with only 1 sats per byte if he checks the mempool when there are only a few unconfirmed transactions and sets a manual fee although it takes longer to be confirmed. However, when there are numerous unconfirmed transactions on the mempool, we don't have many choices but to pay higher fees or wait for a long time.

[Firefox07]

Many people are always telling btc will die. But look btc is still standing strong. Everything has its end. But I think btc will stay in the crypto world for a long time.

[AjithBtc]

Many people are always telling btc will die. But look btc is still standing strong. Everything has its end. But I think btc will stay in the crypto world for a long time.

This isn't the first time, bitcoin have already dead several times for several reasons. This is a very common reason found around. During the time of bitcoin cash formation from the main network there is controversy that bitcoin cash is the real one and bitcoin will end up soon. It has been slowly getting updated to be used for micropayments. Right now we need to do it manually to lower the fee according to the amount transacted.

[GeorgeJohn]

I don't really think that such is genuine reason while bitcoin will crash or been eliminated is not possible, having a transactions in bitcoin and it happened to put you into frustration, does not determine or grant that bitcoin will give off or die soon, it's obvious that bitcoin is cryptocurrency and without bitcoin no cryptocurrency, so with the measure btc has been escalated in society currently I don't think it's possible for bitcoin to die base on feel point you present, op I will like you to carry out another research because these particular one is not genuine.

[Shasha80]

Feel free if the opening post thinks that Bitcoin will die as a cryptocurrency, but in fact the demand for Bitcoin is increasing.
So whatever the reason Bitcoin will not die, nowadays Bitcoin users are getting smarter and not easily affected by negative things.
After all, since 2018 when the price of Bitcoin continues to fall, many predict Bitcoin will die, but the evidence is now Bitcoin is
getting stronger. So I am optimistic that Bitcoin will continue to grow and will provide benefits for its holders.

[Vishnu.Reang]

So you're all arguing whether bitcoin will die or not because this dude tried to send 0.3 USD through blockchain? What's the point of such transaction, what would you even buy with that? A cup of coffee or even a pack of chewing gum is more expensive. You even pay more than that for taking a piss in a public bathroom.

It doesn't matter whether the amount involved is $0.30 or even $0.03. Because the ability to do micro-payments was regarded as one of the major advantages of Bitcoin, when it was first created in 2008. But it is true that the OP paid a fee, which was much higher than what was required at that point. Nowadays, it is not that easy to calculate the fee. Many of the fee calculator websites are not providing the accurate value.

[Xinarae*]

I don’t think BTC will die as a crypto in the meantime the demand for Bitcoin is increasing due to the rising price of Bitcoin. Investors are also investing in Bitcoin from other currencies. The future of this currency is very good and the traders above the price become very profitable. The market has had a positive impact. The price of Bitcoin is going to increase further. Many countries will use Bitcoin because of the spread of Bitcoin. Bitcoin is rising higher over time.

[Naida_BR]

Bitcoin is not created in order to send money cheap. It is created in order to send money peer-to-peer, anonymously and fast compared to other processes that are used right now.
There will be always needs for something different such as cheap transactions or more anonymous transactions, etc. This is the reasons why projects continue to be evolving and provide different characteristics to the users.
Bitcoin is not going to die as Gold didn't die when Fiat currencies became mainstream and people started exchanging with them.

[MCobian]

Although Bitcoin has expensive transaction fees compared to other cryptocurrencies, the Bitcoin price is also very volatile.
But that won't make Bitcoin die, because Bitcoin already has a lot of supporters. Even Bitcoin supporters continue to grow,
therefore I believe Bitcoin is not dead as crypto. Moreover, the current demand for Bitcoin is increasing, maybe because in
the current pandemic situation only Bitcoin is performing very well. So Bitcoin always gives hope to its holders.

[Mauser]

This is an obvious fallacy, the process is basically unreasonable, who is going to pay 7000 satoshi to send 2100 satoshi, what can you do basically with 2100 satoshi, when you want to send bitcoin the amount has to be rather good, that's similar to when you want to send  1$ about Via Visa Card and pay 5$ fee !! Can you say that the dollar will die or Visa Card will die because of that? !! These things are illogical !!!
In any case, when the amount of Bitcoin is low, there are other solutions such as the Bitcoin Lightning Network, for example, where the fees are almost zero and the transaction is very fast. Plus this is a temporary problem and it quickly disappears and fees are low.

I agree with you, when you just want to send very small amounts of money, why use bitcoins? There is BitcoinCash for example which can be used for sending smaller amounts. I mean, bitcoins was not designed to send small amounts all around the world. But if you do want to send 1 or 2 BTC at the current price levels it is fairly cheap, compared to international bank transfers.

[FlightyPouch]

Many people are always telling btc will die. But look btc is still standing strong. Everything has its end. But I think btc will stay in the crypto world for a long time.

For the years I am here, I am not new to reading these kinds of topics or threads. Scam or Ponzi, they can call whatever they wanted to, they didn't know they are wrong. With a strong community that would take advantage of every drop or dump that would happen, I don't think it would even die. The value might fall but it will just come right back up.

[carlfebz2]

Many people are always telling btc will die. But look btc is still standing strong. Everything has its end. But I think btc will stay in the crypto world for a long time.

For the years I am here, I am not new to reading these kinds of topics or threads. Scam or Ponzi, they can call whatever they wanted to, they didn't know they are wrong. With a strong community that would take advantage of every drop or dump that would happen, I don't think it would even die. The value might fall but it will just come right back up.

If we do try to count on the threads that been saying about bitcoin is going to die or doesnt really last then those negative thinkers had probably changed up their mind or sentiments towards bitcoin specially that it had proven out for a decade already when it comes to market recovery on a certain period of time.It might not be guaranteed to last forever but we can presume that it will surely stay.

Let those people do think and say all of the things they do want because later on they would realize that they are believing on the wrong thing.

Adoption is on the move and its hard not to believe that it would really be progressing out even more on future years to come thats why when we do talk about for it to die then its hard to believe on and let adoption grow and strong all over on upcoming years.

[acener]

Well aren't we all aware of it already?
Most of us know that BTC transaction isn't cheap anymore and let's not forget about the delay or confirmation time.
Those are the one of the biggest weakness or disadvantage of Bitcoin to other crypto.
And even though BTC have a high transaction fee and slow confirmation it is still one of the greatest or still the King so I don't think that it would really die.

[hossamdz]

Hmm .. where did you trade Bitcoin? Why is the fee so high?
I currently trade Bitcoin on normal app wallets and the fee is quite low. If Bitcoin's platform has such a high fee, why not try to use the Wallet apps? Coinbase, Blockchain, Trust wallet are all reputable apps to keep your Bitcoin there and Deposit or Withdraw is very fast and fee is extremely cheap, especially at Coinbase.

i believe he is talking about bitcoin transaction high fees and not trading fees , all crypto exchanges are applying small trading fees but for bitcoin transaction especially in Coinbase , they charges a fee of 4% on all transactions , what do you call that so ?