because bitcoin's fee is higher and higher , i am already use other method for small payment
such like ethereum or others . i hope bitcoin's fee will come back low.
Topic: Bitcoin is DEAD for small payments, Bitcoin Cash is the FUTURE - page 4. (Read 1568 times)
January 15, 2018, 04:49:18 PM
January 15, 2018, 04:44:38 PM
I would definitely not talk of Bitcoin as dead in the means of payments that can be made. But its true, a transaction of a small amount in BTC is kind of useless with the high fees that are currently having theirs ways with us. However Im not really into Bitcoin Cash and dont think that this currency will replace Bitcoin anytime soon. I believe that there are much better projects out there that can be used for small or even micropayments. Im looking forward to the developments EOS will bring to the table this year.
January 15, 2018, 03:48:03 PM
BitCash is a temporary solution. We need other options.
January 15, 2018, 03:29:32 PM
Indeed, while it can be considered that bitcoin for small payments is dead, since such payments are already economically unprofitable, the commission fee is on average now $ 40 which makes small payments impractical. In order for bitcoin to revive, it is necessary to urgently eliminate this problem otherwise it will continue to lose its popularity and eventually may leave the market.
Whether the bitcoin is replaced by bitcoin in cash will show the time. Although it is quite possible.
Whether the bitcoin is replaced by bitcoin in cash will show the time. Although it is quite possible.
January 15, 2018, 03:17:04 PM
I agree. Bitcoin shouldn't be used for micro payments! The fees are horrifying...
Have you agreed to use green address? Low fees? I bet you didn't! I bet you haven't heard of it. Another thing - lightning network is in development, so when they finish with it be ready for low fees and fast transactions.
January 15, 2018, 03:12:30 PM
IMO there are many better cryptos than bch for small payments. We just need adoption.
Because of the high commission, I can use bitcoin only as an investment tool and do not see a big future for this coin. Many altcoins will be able to develop thanks to a lower commission.
January 12, 2018, 05:24:33 PM
Bitcoin is an asset, and should be treated like gold, gold is not for day to day payments
January 12, 2018, 04:15:23 PM
In my opinion, the bubble will not burst for a long time, there is no reason for this. Bitcoin should grow smoothly in 2018, without sudden jumps.
January 09, 2018, 04:41:44 AM
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 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'm before the same problem about member payout for small payout.
Fortunately my system integrate this high fees problem because my members are as well "owner" of the system.
But it can be the end for little transactions,But I'm sure solutions will be found to put together the "dust".
Solutions like "faucethub" will be found,I'm sure.
January 09, 2018, 04:40:04 AM
I agree. Bitcoin shouldn't be used for micro payments! The fees are horrifying...
January 09, 2018, 04:29:46 AM
IMO there are many better cryptos than bch for small payments. We just need adoption.
Actually the adoption MAY KILL a seamingy low fee cryptocurrency. Look at bitcoin: it had nice and small fees a few years ago. Now look again, today. My thinking goes along the following lines: the higher adoption, the more transactions, the harder to fit all the transactions into a blockchain, then the miners can freely choose only high fee transactions for their confirmations and then we arrive at a high fee problem.
January 09, 2018, 04:20:46 AM
there's already forks with like 0.00000001 comissions 
(watch achain doing fork for example)
(watch achain doing fork for example) January 09, 2018, 04:19:02 AM
We are seeing bitcoin settling in as a place to store value so it is definitely dead for small transactions...for now. Btc can always adopt changes to make transaction fee lower and speed up transactions and the market will have to figure out if btc can be more than a store of value. The way I see it, bch is competing more with the Itc's of the world.
January 09, 2018, 04:18:23 AM
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 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.
Its true that bitcoin cash is really growing its value but for me, Bitcoins is still the the best cryptocurrency because it can grow its value immediately and it will also decrease sometimes but that's normal. The only way for us to earn profit in the market is the volatile value of every coin so we should always think on our strategy before investing or selling.
January 09, 2018, 04:12:13 AM
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 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.
This is contrary to my country though, where people are now enjoying and taking advantage on how easy bitcoin transactions are. Such as in paying bills and online shopping. Those are the top 2 ways on how people utilize their respective bitcoin as payments or for transactions.
January 09, 2018, 04:08:08 AM
Bitcoin payments are a nightmare for micropayments, but I don't think BCH can replace BTC, and there will be more encrypted money to replace it.
January 09, 2018, 04:04:23 AM
IMO there are many better cryptos than bch for small payments. We just need adoption.
Because of the high commission, I can use bitcoin only as an investment tool and do not see a big future for this coin. Many altcoins will be able to develop thanks to a lower commission.
January 06, 2018, 06:13:32 PM
In my opinion, bitcoin has ceased to be a means of payment. It is impossible to buy something with such huge commissions. Perhaps bitcoin will remain a means of investment.
That will only be true once we have tried all the possible solutions and nothing works, there are two solutions being tested one on bitcoin and another on bitcoin cash, bitcoin is going to use segwit plus the Lightning Network and bitcoin cash is going to use bigger and bigger blocks and in the next year we are going to see which one of those solutions work the best. 
January 06, 2018, 03:56:35 PM
In my opinion, bitcoin has ceased to be a means of payment. It is impossible to buy something with such huge commissions. Perhaps bitcoin will remain a means of investment.
If bitcoin has no real use case, why would it's value continue to grow?
The mempool is snowballing again. So here we go again.
Meanwhile , Bitcoin cash is still maintaining Transactions with fees under $0.01
January 06, 2018, 03:31:31 PM
In my opinion, bitcoin has ceased to be a means of payment. It is impossible to buy something with such huge commissions. Perhaps bitcoin will remain a means of investment.
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