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Topic: Bitcoin is DEAD for small payments, Bitcoin Cash is the FUTURE (Read 1568 times)

full member
Activity: 433
Merit: 100
Yes, it is. Bitcoin now only suitable for holding large funds. I think it will soon be a new ICO which is able to solve this problem, the distribution of funds.         
full member
Activity: 532
Merit: 100
We cannot pay our members payouts via Bitcoin anymore, this is completely impossible.
We sent payments ranging $1 - $10 with fees of $2 - $6 already 5 days ago and these payments are unconfirmed.

We are going to change our approach and be among the first businesses that pay in Bitcoin Cash and stop paying in Bitcoin.
It's just impossible to work with Bitcoin anymore.

Are you guys wondering why people move to Bitcoin Cash? It's not only because of speculation, it's because Bitcoin in its current form is a dead zombie walking in Crypto land.

it is a miracle bitcoin is still alive today. are you wondering why bitcoin is above bitcoin cash despite you saying people are moving to bitcoin cash?. people still choose bitcoin that is why it is number one compare to your coin that is rank lower.
full member
Activity: 658
Merit: 102
Yes, we must admit the obvious. Bitcoin recently did not fulfill its main function as a means of payment, and above all it was related to small-sized payments, in which commission fees almost equaled the amount of transfer. However, bitcoin is restored. After the release of a new version of bitcoin, which is fully supported by SegWit, the main problem with scaling bitcoin and the amount of commission fee is solved. All this goes right back to normal. Many note that bitcoin has become much faster and commission fees are decreasing. So even this time bitcoin did not die. Only while it is unclear why he does not want to grow in price, despite the fact that almost all the reasons that hampered his growth, have disappeared.
sr. member
Activity: 1344
Merit: 250
There is nothing wrong if one day many people will switch from Bitcoin to small payment business because of the lack of transactions at the time of transaction and cost so it is impossible if you have to use Bitcoin, and for BCH is the right solution because the transaction cost is also cheap fast.
sr. member
Activity: 462
Merit: 306
ooo congrulations for 100. new bitcoin ideas Smiley

please there is one king and this is bitcoin.

we do not need similar projects and ideas. We need innovative approaches..
sr. member
Activity: 1092
Merit: 250
Hodlers Network
this is why bitcoin is didn't meet the terms and conditions as currency
so, i like to call bitcoin is a digital asset
the excess of bitcoin is only privacy and decentralized, and i believe in the future of cryptocurrency privacy coin will be the champion
but with less and very small transactions fee  Wink
member
Activity: 144
Merit: 10
What are you people talking about? Bitcoin is much much cheaper now then it was before. I paid $0.50 sending just over $300 the other day. Much better then when it was like $12-20 that was insane and a crazy time. Funny to think bitcoin went up in price during that time too.
full member
Activity: 224
Merit: 100
I don't think so, theres still litecoin.
Exactly. Although a fork of Bitcoin, creator Charlie Lee has stated that Litecoin works best as a transactional complement to Bitcoin’s use as a store of value. As Bitcoin implements the Lightning Network and the two coins become interchangeable through Atomic Swaps, it’s possible for Bitcoin’s scaling issues to be a thing of the past.
legendary
Activity: 1778
Merit: 1026
Free WSPU2 Token or real dollars
The cost of expensive bitcoin transactions is influenced by the bitcoin price itself, the factor of the number of users who send bitcoin also affects transaction costs. Bitcoin is not suitable for small amounts of payment. if we say bitcoin like a diamond, will you buy a plate of food using a diamond?

I do not agree...the fees depend on the number of transactions and how much the sender fix the fees and above all it depends on the dust in your wallet.
member
Activity: 154
Merit: 12
The cost of expensive bitcoin transactions is influenced by the bitcoin price itself, the factor of the number of users who send bitcoin also affects transaction costs. Bitcoin is not suitable for small amounts of payment. if we say bitcoin like a diamond, will you buy a plate of food using a diamond?
copper member
Activity: 224
Merit: 0
But I agree, when you were creating this thread, fees were unbelievably high, something like 6$ for a standard transaction.
copper member
Activity: 224
Merit: 0
We cannot pay our members payouts via Bitcoin anymore, this is completely impossible.
We sent payments ranging $1 - $10 with fees of $2 - $6 already 5 days ago and these payments are unconfirmed.

We are going to change our approach and be among the first businesses that pay in Bitcoin Cash and stop paying in Bitcoin.
It's just impossible to work with Bitcoin anymore.

Are you guys wondering why people move to Bitcoin Cash? It's not only because of speculation, it's because Bitcoin in its current form is a dead zombie walking in Crypto land.


We just need to wait for the implementing of Lightning Network. Fees are going to be extremely low and the speed will increase to the VISA and XRP level.
sr. member
Activity: 560
Merit: 250
We cannot pay our members payouts via Bitcoin anymore, this is completely impossible.
We sent payments ranging $1 - $10 with fees of $2 - $6 already 5 days ago and these payments are unconfirmed.

We are going to change our approach and be among the first businesses that pay in Bitcoin Cash and stop paying in Bitcoin.
It's just impossible to work with Bitcoin anymore.

Are you guys wondering why people move to Bitcoin Cash? It's not only because of speculation, it's because Bitcoin in its current form is a dead zombie walking in Crypto land.


I think bitcoin will never die very cheap because bitcoin demand is very high everyone wants bitcoin and not only that bitcoin is also supported by all founders and companies who already use bitcoin for its payment if bitcoin price collapsed is sure to be many who bought it, but for bitcoin cash it seems I still doubt it because bitcoin cash is still not much supported by other coin, with bitcoin cash is still a little coin that I can buy.
newbie
Activity: 25
Merit: 1
I don't think so, theres still litecoin.
hero member
Activity: 1022
Merit: 521
I'm very sure that the bitcoin will still bounce back but at the same time paying with bitcoincash isn't a bad Idea.it's one I have been very positive about for a very long time
The thing which you said is already around us. You can check small payments with bitcoin. I am nowadays putting too much lower fees and the transaction is confirmed very faster within a minute. So it means that you can also do small payments with bitcoin and the fees you put on it will not be required as a bigger which we were used to put a few months ago. Now bitcoin is much smoother in transactions.
member
Activity: 126
Merit: 10
DOGE:DDvXm3ZkXSFeZF9YVaTWGNyBZzfwVf8nnh
Even if Bitcoin is dead for small payments, it doesn't automatically goes to Bitcoin Cash.
There are way better coins out there, including IOTA and Nano, that have zero fees.
Even Stellar Lumens makes for a much better coin than Bitcoin Cash and even Litecoin that have only delayed the scalability issue.
full member
Activity: 588
Merit: 100
Very subjective point of view, because you can very easily buy bitcoin and wait for it to cost several hundred thousand dollars for 1BTC, do you think that 21.000.000 BTC for the whole human race will be enough for the price of $ 10,000? I think that the price for it will be higher than a million dollars
member
Activity: 266
Merit: 11
Bitcoin has become a bad steward of the platform. Its values has caused it to become useless. Btc has more flaws than features currently ( relative to other equally available coins). That being said, I'll never get totally out of btc. Kind of like how people frame the first dollar paid at a restaurant, it will serve as a trophy or representative of success in the space.
It's not useless if it's bringing in millions of potential investors a month who will inevitably invest in other coins too.
full member
Activity: 137
Merit: 100
Bitcoin has become a bad steward of the platform. Its values has caused it to become useless. Btc has more flaws than features currently ( relative to other equally available coins). That being said, I'll never get totally out of btc. Kind of like how people frame the first dollar paid at a restaurant, it will serve as a trophy or representative of success in the space.
member
Activity: 110
Merit: 10
Dogecoin is fast payment and low fees.
but bitcoin always good future , if you want fast paymet you using Dogecoin for spend.
but if you want good future bitcoin is answers guys.
It makes a lot of sense, I usually do it with ETH but fees have been going up while speed has been going down so I might try DOGE for a bit.
Anyhow, transferring BTC to BTC is insanity imo, fees are way too high and the speed is slower than me just going to bittrex's building, ripping out the server that has my BTC stored in it and bringing that server to another exchange.
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