Bitcoin has become un-useable. Switch to altcoins or short sell

[GiftedMAN]

It's so funny getting to see this attack on Bitcoin from a total newbie in the forum when you should either go to altcoin whatever to advertise the other cryptocurrency you want people to switch to since Bitcoin has become tota un-usable because of the high fees in transactions.How much have you lost since the high transaction fees began to have come to conclusions that Bitcoin is unusable and switching to alts mentioned by you now become the best? I hope you come back here after making the FUD around to edit this post when everything becomes normal with Bitcoin or better still take your advertisement to altcoin section where you can be paid for a job well done.

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[Fivestar4everMVP]

BTC fees are skyrocketing to the moon in what some are calling a crisis.  Bitcoin has become completely un-useable as an actual functional currency and many are switching to alternatives such as Solana for speed or Monero for privacy.

What caused this and what can you do about it?
https://www.youtube.com/watch?v=11EL7MpqALs

The transaction fees on the bitcoin network have gone down significantly and pretty much stabilized, and what you should know is that, bitcoin is the original crypto currency, and it doesnt matter how high the fees goes or gets, it can not render the bitcoin network unusable because, those who can afford the fees will always pay it to keep using it, there are big corporations who can never buy any alternative crypto, I don't have to start mentioning names, but the fact remains that, bitcoin is very much usable even with high transaction fees, there is no reason to create fear, uncertainty and doubt.

[The Cryptovator]

I find it ridiculous to consider shifting from Bitcoin to altcoins solely due to transaction fees. I am hesitant to even think about such a move because I don't want to experience financial losses again. In the past, investing in low-quality coins has resulted in a significant loss for me. I have learned from my mistakes and have no intention of investing in such coins again. Just because Bitcoin has high transaction fees doesn't mean it is unusable. I find it perplexing that you would suggest Bitcoin is unusable while claiming altcoins are usable.

[GideonGono]

Nah it isn't the first time that BTC fee skyrocket, but somehow if you badly needs to convert crypto into Fiat then yes try to use alt-coin for faster and cheaper transaction.
But I would disagree with you OP just because the Trans fee is high doesn't mean that it's useless.

[AmoreJaz]

Nah it isn't the first time that BTC fee skyrocket, but somehow if you badly needs to convert crypto into Fiat then yes try to use alt-coin for faster and cheaper transaction.
But I would disagree with you OP just because the Trans fee is high doesn't mean that it's useless.

and seems this is not relevant anymore today as the fees have gone down a lot already. try checking the mempool and you will see that the sat/vB is quite low now even if you set it at high priority. i can understand last week but in the past couple of days, it is now more user friendly when it comes to fees.
what we can learn from this scenario is if you have no urgent needs, better pause your tx while the fees are skyrocketing, then just execute it once the network congestion subsides.

[Lida93]

BTC fees are skyrocketing to the moon in what some are calling a crisis.  Bitcoin has become completely un-useable as an actual functional currency and many are switching to alternatives such as Solana for speed or Monero for privacy.

What caused this and what can you do about it?
https://www.youtube.com/watch?v=11EL7MpqALs

The best anyone can do after reading this post is not to further click the link provided by the OP as it's aimed to confuse the feeble minds, cause it's obvious he's just trying to promote some alts. And such misinformation as this could be misleading to newbies that have just emerged into the crypto space. We all know that BTC is the most trusted cryptocurrency and the leading of all digital currency, there's no alternative to BTC when it comes to safe crypto investment.

[Westinhome]

Nah it isn't the first time that BTC fee skyrocket, but somehow if you badly needs to convert crypto into Fiat then yes try to use alt-coin for faster and cheaper transaction.
But I would disagree with you OP just because the Trans fee is high doesn't mean that it's useless.

The bitcoin is all the time good one for me to invest and for the long run.Now the bitcoin price was crossed the 30k mark and it will be the good time to inverse the money in the altcoin.Because some coins work against the flow of bitcoin pump,such coins give us the profit during the long term.We can convert such reverse movement coin at the bear market of cryptocurrency.It’s essential to hold 30 percentage of your investment in reverse movement coins.

[Bitcoin_people]

The OP has reached a conclusion here that he is claiming Bitcoin is unusable. But we know that Bitcoin transaction free sometimes increases and then decreases again, so there is nothing to be disappointed about. The comment made by the OP here is completely wrong Bitcoin's transaction fee is not expensive but it is within a range. He also mentioned that people are switching from Bitcoin to other cryptos but this is completely wrong. No one has done such a stupid thing but they are switching from all other cryptos to Bitcoin. Wise people will never give up Bitcoin on receiving such a message but invest more in Bitcoin with faith. Bitcoin is an invaluable asset of the future that is truly the best currency for everyone.

[BVeyron]

BTC fees are skyrocketing to the moon in what some are calling a crisis.  Bitcoin has become completely un-useable as an actual functional currency and many are switching to alternatives such as Solana for speed or Monero for privacy.

What caused this and what can you do about it?
https://www.youtube.com/watch?v=11EL7MpqALs

I think that all those things happened due to NFT-Ordinals attack, so that the overall network load became really high. I think that such NFT-attacks are possible to happen again. So, yes, the best way to avoid such attacks is to diversify cryptoassets, and IMHO Monero and Solana are really valuable coins...