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Topic: Bitcoin is DEAD for small payments, Bitcoin Cash is the FUTURE - page 5. (Read 1568 times)

hero member
Activity: 1395
Merit: 505
I like Sexcoin (SXC) better than Bitcoin Cash. It's got a better looking dev team.
newbie
Activity: 42
Merit: 0
This thread makes me reflect on why there are other altcoins out of there,some must be more efficient in some aspects but perhaps more vulnerable in others.
newbie
Activity: 56
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.

Yup, this is happening more often lately. Komodo Platform immediately adopted Bitcoin Cash when it became impossible/inefficient to make atomic swaps with Bitcoin due to fees and waiting time. They pretty much said (but unconfirmed if it will happen) that the dICO projects they host, they will suggest using Bitcoin Cash to raise funds instead of Bitcoin!
full member
Activity: 196
Merit: 101
I have heard many times that bitcoin is dying, its technology is not efficient, it's a bubble, but many years have passed and bitcoin is still alive and does not cease to surprise us. I hope the problem for small transactions will be resolved
I also constantly hear about it, but bitcoin never died.   Cheesy I also hope that the problem with transactions will be solved.
sr. member
Activity: 980
Merit: 255
I agree with you. I've withdraw some of my bitcoin today and got shocked with transaction fee is around 10% is too big amount.
it's very not recommended for transactions with small amounts.
bitcoin is getting popular and high traffic since a few days ago until now
It is incorrect to see bitcoin fees as a percentage of the amount you are trying to transact since that is not the way bitcoin works, bitcoin fee is based on the size of the transaction that is why you can try to send 0.001BTC and have  fee higher than what you are trying to send and you can have a transaction of 100BTC charging exactly the same fee, it may seem unfair but that is the way bitcoin works.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
Bitcon Cash is not the answer to scalability problems.
The only thing that bch does different is different blocksize.
It has already been proven over and over again that it won't make a dent in the scalability problem if bch sees btc's amount of user base.

On top of that, bch is just flat out scammy as hell.
The main developers are trying their best to strong arm people into seeing bch as the "real" bitcoin.
Using posts such as this one and fud to drive prices up.
Joining powers with whales to make mass manipulations of the marketplace.

In the end, the one that will make decentralized crypto mainstream and usable on a daily basis, will probably not even be bitcoin or any of it's forks at all.
But a next evolution in the blockchain.
Heck, btc's tech is already 10 years old, something better will replace it, and that is not bch.
Interesting post. Which crypto-currency do you think as the best value and is the most adapted to current needs when it comes to everyday anonymous transactions? Monero? Or perhaps Verge (XVG)?
Monero comes to the privacy coin, it will not the same as the bitcoin cash. But ripple and DAG system may offers a better scalability than the actual coin that used the blockchain as the main network. remember DAG cost zero fees and ripple with its instant transaction. We are not seriously need anonymous transaction when all of the thing still encrypted by Hash algorithm.
full member
Activity: 196
Merit: 109
Bitcon Cash is not the answer to scalability problems.
The only thing that bch does different is different blocksize.
It has already been proven over and over again that it won't make a dent in the scalability problem if bch sees btc's amount of user base.

On top of that, bch is just flat out scammy as hell.
The main developers are trying their best to strong arm people into seeing bch as the "real" bitcoin.
Using posts such as this one and fud to drive prices up.
Joining powers with whales to make mass manipulations of the marketplace.

In the end, the one that will make decentralized crypto mainstream and usable on a daily basis, will probably not even be bitcoin or any of it's forks at all.
But a next evolution in the blockchain.
Heck, btc's tech is already 10 years old, something better will replace it, and that is not bch.
Interesting post. Which crypto-currency do you think as the best value and is the most adapted to current needs when it comes to everyday anonymous transactions? Monero? Or perhaps Verge (XVG)?
member
Activity: 203
Merit: 10
Probably partly right, still a long way ahead i hope for Bitcoin and Bitcoincash, the transactioncost for BTC are to high for me, i switched to Bitcoin Cash, hopefully a smart move.
full member
Activity: 203
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.

Somehow that was true. Bitcoin payments for small transactions are really getting slower than before even though the price of Bitcoin is continuously rising , but the operation are also getting slower as the price rises making many people to get pissed off from waiting for their payments to be confirmed as pay out. I wonder why people are getting their self engage with Bitcoin Cash maybe because it is much better version of cryptocurrency. How I wish that this matter concerning the payments will be fixed so that Bitcoin will be the best choice for investment proper same with transaction purposes.
sr. member
Activity: 630
Merit: 257
Due to High transaction fees and long confirmation hours make BTC unsuitable for small payment. BCH on the other hand, being the hard fork of BTC, Have same feature of BTC with an add on of small fees and fast confirmation. This has made BCH quite popular among people in last few days.
member
Activity: 476
Merit: 41
Bitcon Cash is not the answer to scalability problems.
The only thing that bch does different is different blocksize.
It has already been proven over and over again that it won't make a dent in the scalability problem if bch sees btc's amount of user base.

On top of that, bch is just flat out scammy as hell.
The main developers are trying their best to strong arm people into seeing bch as the "real" bitcoin.
Using posts such as this one and fud to drive prices up.
Joining powers with whales to make mass manipulations of the marketplace.

In the end, the one that will make decentralized crypto mainstream and usable on a daily basis, will probably not even be bitcoin or any of it's forks at all.
But a next evolution in the blockchain.
Heck, btc's tech is already 10 years old, something better will replace it, and that is not bch.
newbie
Activity: 59
Merit: 0
IMO there are many better cryptos than bch for small payments. We just need adoption.
sr. member
Activity: 1078
Merit: 354
I still don't get the attraction of bitcoin cash. Not trolling, I genuinely don't get it.
I understand the fact that bitcoin is no longer useable for its original purpose - it has become a store of value, like gold as is often said, or like fine art, valued for its scarcity and with no inherent utility.
And I understand that bitcoin cash is a cheaper and faster alternative - but the thing is, it's not the cheapest and fastest thing out there, it's nothing next to - one example - XRP.
full member
Activity: 198
Merit: 100
I think it's too early to judge the fate of bitcoin because of it high cost of transactions. After the New Year there will be a lull and the price should be adjusted
newbie
Activity: 69
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.

Bitcoin is a nightmare for small payments, but the altcoin of payments like OMG and PAY is much better than BCH, and why BCH?

Yeah why BCH? Bitcoin cash is just another coin on the market. It claims as the hardfork of BTC but I still think its just another altcoins.
full member
Activity: 196
Merit: 100
I like bitcoin cash better than bitcoin, and i have bought large amount of bcc at a very low price, so it has brought much profit for me.
member
Activity: 210
Merit: 10
The Experience Layer of the Decentralized Internet
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.

Bitcoin is a nightmare for small payments, but the altcoin of payments like OMG and PAY is much better than BCH, and why BCH?
newbie
Activity: 69
Merit: 0
Bitcoin right now is not practical to use in small transactions. It is now used for a long term investment and not suitable for payments on our necessities.

I have to thanks to my government then, because they aren't allowed its citizens to use bitcoin as a means of payment, hence we can just save it on our own wallet in the hope to get good profit after some period of time.

Yeah, you can put it that way. LOL But I think the government was talking about imposing the tax on cryptocurrency and not only in bitcoin. Nevertheless, bitcoin is just for investment and not suitable for other means.
full member
Activity: 420
Merit: 100
Qravity is a decentralized content production
It's been dead for quite a while, bitcoin is only a digital asset in my opinion and there's a lot of other coin that is better as a digital currency. Bitcoin cash is indeed good food small payment and the things left to do is to have more merchant accept it as a payment option. The coin with faster adoption will win the race to become the digital currency.
legendary
Activity: 1904
Merit: 1000
Bitcoin right now is not practical to use in small transactions. It is now used for a long term investment and not suitable for payments on our necessities.

I have to thanks to my government then, because they aren't allowed its citizens to use bitcoin as a means of payment, hence we can just save it on our own wallet in the hope to get good profit after some period of time.
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