Here is why btc will die as a crypto

[SmokerFace]

I think the expense is still too low in contrast with the fiat. Consider you're sending money with fiat you'll pay profoundly and more than this.
For me, this charge is yet favourable for us.
As of late, I sent $5 to one of my companions by utilizing the PayPal services, and I pay $2 expense.
He lives abroad, and I think utilizing the PayPal services was one of the stupid things I ever did

[1715392868]

1715392868

[1715392868]

1715392868

[Xinarae*]

PayPal has adopted cryptocurrencies, there has been widespread opposition to these services. But of fiat currency it is used everywhere its charges are much less and the transaction is favorable but it is under the control of the government bitcoin won't die as long as crypto lasts bitcoin will never stop using many of the best currencies it is being used more than fiat currency. Other services are launching their company by accepting bitcoin as a good currency the use of crypto will continue to increase as time goes on.

[lixer]

PayPal has adopted cryptocurrencies, there has been widespread opposition to these services. But of fiat currency it is used everywhere its charges are much less and the transaction is favorable but it is under the control of the government bitcoin won't die as long as crypto lasts bitcoin will never stop using many of the best currencies it is being used more than fiat currency. Other services are launching their company by accepting bitcoin as a good currency the use of crypto will continue to increase as time goes on.

Bitpay is one such service which allows people to accept payment in Bitcoins and I believe Bitpay pays them fiat currencies in return.

People need to understand that service providers like paypal are charging fees which are going to themselves but the fees taken in bitcoin ecosystem is paid to the miners which ultimately helps get more bitcoins to the market as mining is the only supply source available for bitcoins.

Also fees control is in our hands, if you are not in a hurry you can make the payment and wait for 24 hrs and most transactions do get confirmed within that time frame, unless you have sent the transaction with 0 fees. I often send transactions with lower than recommended fees and then use some free services to accelerate my transaction.

One such accelerator I can recommend (I use the free one only): https://www.viabtc.com/tools/txaccelerator?lang=en_US

If it says submissions are beyond limit, just wait for the hour to reset and submit immediately as we enter in the new hour.

[Trinx01]

I don't think that bitcoin will die just because of that thing, I had experienced a delay from confirmation when I had to transfer my money from electrum to my local wallet but that's fine because bitcoin is not only about sending and receiving bitcoin online, there are still more than that bitcoin can do to people and besides that fee is changeable you can still make it lower.

[darewaller]

I think the expense is still too low in contrast with the fiat. Consider you're sending money with fiat you'll pay profoundly and more than this.
For me, this charge is yet favourable for us.
As of late, I sent $5 to one of my companions by utilizing the PayPal services, and I pay $2 expense.
He lives abroad, and I think utilizing the PayPal services was one of the stupid things I ever did

Actually to save fees was why the use of crypto currency became popular. Now with the high number of transactions and the high cost of bitcoins has enabled the fees a bit out of control, specially in some altcoins like Ethereum. I agree with you that still sending a big amount of money is cheaper within the crypto space as compared to sending the same amount via PayPal.

We can also use crypto like Tron, XRP and even dogecoins to save a big amount of fees when transacting and unless the receiver has defined a particular coin, I would always consider saving fees and the person receiving can easily convert to the coin of their choice by any exchange.

People use PayPal because they aren't actually aware of bitcoins and some use PayPal because they can spend money directly from there since almost all the merchants accept PayPal but Bitcoin is yet to make a mark when it comes to acceptance among merchants.

[Quidat]

Here is why btc will die as a crypto
.7028 btc fee to send .2191 btc

No, those reasons will not make bitcoin to die because bitcoin is created to eliminate wrong transaction.
Satoshi Nakamoto,the founder of bitcoin did not created bitcoin to frustrate the users than to make sure their money is safe in any transaction they made. Despite the view, you view the fees of bitcoin will not stop users not to transact with bitcoin because what people are after is safe transaction, either long or short distance as long is successful.

We cant really deny that Bitcoin does have flaws when it comes to fees where up too high on a certain time or simply talks about congested network.
This is not surprise because this had been a problem wayback but still people do really accept and decide to adopt and deal with it, not only on typical people or
groups of person but also into those big companies and billionaires as well.Its impossible that they wont really be making up some research about its cons
but still they do end up on trusting it and here we are now, we have seen new heights inspite of those flaws.Telling bitcoin to die? Its nearly impossible.

[bitgolden]

Actually to save fees was why the use of crypto currency became popular. Now with the high number of transactions and the high cost of bitcoins has enabled the fees a bit out of control, specially in some altcoins like Ethereum. I agree with you that still sending a big amount of money is cheaper within the crypto space as compared to sending the same amount via PayPal.

We can also use crypto like Tron, XRP and even dogecoins to save a big amount of fees when transacting and unless the receiver has defined a particular coin, I would always consider saving fees and the person receiving can easily convert to the coin of their choice by any exchange.

People use PayPal because they aren't actually aware of bitcoins and some use PayPal because they can spend money directly from there since almost all the merchants accept PayPal but Bitcoin is yet to make a mark when it comes to acceptance among merchants.

Honestly nothing really changed for people who has worked with crypto, because we came here for bitcoin since it was super easy to send even cents from one nation to another nation all over the world, sure there could be some nations that already had it cheap but there was NO method that was super cheap to move money around, even cents, from one nation to nation without having too much charged.

Bitcoin was super cheap and it was super fast and you had to deal with nobody at all, which is why it was super awesome, and that is what I believed bitcoin would stay like and now it is not like that so I get it, however reality is that we are in a situation where even if bitcoin is no longer like that, even if eth is not like that we are still doing fine.

So, I think for crypto people absolutely nothing changed, bitcoin won't die for this reason since bitcoin is not just there for "cheap and fast transactions" and that is why it will not die neither.

[Bitcoinsummoner]

Bitcoin exist not only for fee but also for various reason eg: it is anonymous, it doesnot require any permission from any regulators. It does not allow to give any access to any authorities. There are many more reason. So there is no reason for which it will be died.

[tengjie]

Telling bitcoin to die? Its nearly impossible.

[Negotiation]

Telling bitcoin to die? Its nearly impossible.

BTC will never die it is almost impossible and as long as crypto exists bitcoin will survive crypto is so popular for bitcoin is not under anyone's control everyone raises capital by investing and working as they wish. The government does not get any tax from now on with no government access, most people in the world are increasing their use of bitcoin by investing in bitcoin.

[Vishnu.Reang]

I have raised the issue of high transaction fee multiple times, but in this case I can't 100% agree with the OP. The fee that OP has to pay for this transaction is around $3.33. He can reduce it further, by manually reducing the fee. From the image, it can be seen that the Mempool is almost empty and even transactions with a fee of 1 Sat/Byte are getting confirmed. The OP can also input a fee of 1 Sat/Byte (which will work out to around $0.10), and get the transaction confirmed almost immediately.

[grillonic]

There's a lot of development to be made on Bitcoin, who knows?, maybe developers will find a way, we must support them.

[AndySt]

Telling bitcoin to die? Its nearly impossible.

If bitcoin or any other crypto loss their necessity then it might be died. But it is not going to loss their use and hence the necessity if using it in various field is increasing a lot of day by day. Which is a good sign to keep it running good profit for long term.

Yes, every thing exists and continues to develop as long as it is needed, and human history knows many examples when many objects and activities went into oblivion after they were no longer needed. Therefore, to talk about the impossibility of the death of something is a little presumptuous , but I think that bitcoin and cryptocurrencies have not exhausted their potential and, on the contrary, are on the threshold of the beginning of an increasingly complete adoption by traditional markets. Another question is that about the use of bitcoin as a competitor to the fiat currency, we can say that bitcoin is almost dead there.

[Dragonfund]

I think the expense is still too low in contrast with the fiat. Consider you're sending money with fiat you'll pay profoundly and more than this.
For me, this charge is yet favourable for us.
As of late, I sent $5 to one of my companions by utilizing the PayPal services, and I pay $2 expense.
He lives abroad, and I think utilizing the PayPal services was one of the stupid things I ever did

What OP describe is an average thing that happened to most of the the top 10 coins we have on coin markets cap with little or no scalability when they become too congested or over crowded with transactions more than they can handle.
Micro business will always find this difficult to used in daily business because they will be paying more than they will be receiving from customers and that will be a huge loss but nevertheless,I think there are other services that accelerate bitcoin transactions for users with less amount in their wallet and they have most of their platform in service board.