Bitcoin is DEAD for small payments, Bitcoin Cash is the FUTURE - page 7.

Emperor of Man

hero member

Activity: 886

Merit: 510

That's right, small transactions are not worth it anymore...

I used to buy games (humble bundle - kinguin - ...) for a few US dollars a while back. Now it's not an option... Sad

qiman

hero member

Activity: 1036

Merit: 504

I mainly use ETHEREUM to move money around and really I don't see the point of Bitcoin Cash except the fact that it was cloned from Bitcoin and ROGER VER, JIHAN WU and a bunch of other people want to make bank off of the back of Bitcoin by constantly forking the crap out of it. Anyway I do not mind how many coins there are in the market as there is room for everyone and there are other coins far superior than Bitcoin cash that are cheap and fast for transactions, but everyone has their preferred choices.

BartS

sr. member

Activity: 980

Merit: 255

Quote from: Get-Paid.com on December 20, 2017, 01:56:19 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.

Small payments have not been an option in bitcoin for quite some time so it is nothing new, the fees have been prohibitive for some time, however that problem is lessened if you use segwit since the fee is going to cut down, however we still need to wait and see if the lightning network is going to work as intended and if that is the case then bitcoin could become an option once again to make small payments.

TheAlchemist

full member

Activity: 265

Merit: 100

Yes, you are absolutely right. Now there is no sense in conducting small transactions with Bitcoin. I use Ethereum, Waves. Personally, I do not use bitcoin cash, but I see that many people have already completely switched to it. A month ago it was considered a fake without a future. And now Cash at the peak of popularity. The world of crypto currency is very variable.

Jalum

hero member

Activity: 774

Merit: 500

Look ARROUND!

Quote from: Get-Paid.com on December 20, 2017, 01:56:19 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.

The price is a little fake, there is nobody posting in this forum that sold the coin at that price. If there was then where they at?

CrypticGambit

full member

Activity: 280

Merit: 100

The Operating System for DAOs

bitcoincash is also usless, we need segwit and ligthening network!

icohobby

newbie

Activity: 7

Merit: 0

Bcash is trash, we need people to stop advertising it, because it will ruin the cryptocurrency market. Look at who's running it...Roger Ver - is this really the face of someone you want to represent your coin? Huh

Mrs Troll

full member

Activity: 322

Merit: 102

Commissions are too high, but I heard that it was highly manipulated by trash transactions? Anyway bitcoincash could have a future only in the case of bitcoin stagnation without progress ... and for sure BCH needs the same mass spread and adoption. Only trading on exchanges is not enoupgh to become a FUTURE; D

tauceramica

full member

Activity: 203

Merit: 100

Quote from: Get-Paid.com on December 20, 2017, 01:56:19 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.

So is this your argument to support BCH? Really? You gotta get something more serious to exposure your ideas about bitcoin. Nobody is moving to bitcoin cash and stop spreading wrong information about bitcoin.

hieu81

sr. member

Activity: 518

Merit: 250

Yes! If we can change fee when sent Bitcoin! Now, wỉthdaw bitcoin from exchang spend 0.001 bitcoỉn! Very huge!

sky2moon

member

Activity: 74

Merit: 10

Most are people hold bitcoin are just for investment, they just keep and hold. They seldom use bitcoin to purchase something, only a few people are use for purchasing..

Mike Mayor

hero member

Activity: 966

Merit: 535

Another problem is people think that high fees = more btc to make for miners but it doesn't. Yes you will make more per transaction but if you only solving 5 per day for 30% of it's total value when you could be solving 50 per day at only 5% of it's value. We need more transactions with lower fees gong through this will benefit miners and users.

kaysersoze

full member

Activity: 220

Merit: 100

This guy is kidding, i dont understand why you all are paying attention to this funny guy.
Bitcoin is not dead, maybe he is right about saying that you can not use bitcoin for small payments anymore, but replacing it with bitcoin cash? Came on, you have been paid by Roger, just say the truth..

suvo05

sr. member

Activity: 1162

Merit: 260

Bitcoin is now used as a storing funds. The first digital currency has already turned out to be the most valuable digital assets. We now have lots of choices of alternative coin for small payment but bitcoin cash is not reliable. Its value being strongly controlled and I have no faith in it.

Tony116

legendary

Activity: 2072

Merit: 1023

DGbet.fun - Crypto Sportsbook

I have not sent small payments in Bitcoin for a long time. The commission is very high. This problem should be solved and the block size increased to at least 2Mb. Otherwise BTC would be replaced by alts.

CryptoKranthi

full member

Activity: 182

Merit: 100

Devs should really work on lightening network to make transactions cheap and fast.

Sniar

sr. member

Activity: 560

Merit: 250

Quote from: VarDiff on December 22, 2017, 05:19:58 AM

Bitcoin Cash is not a future, it's cancer.
Very volatile, centralized and controlled by a greedy and immoral leader who will do anything to make more money.

Say Thanks to Roger Ver for 280+ thousand unconfirmed transactions and $50 average fee.
People supporting Cash only for one reason — it's volatile and allows to make quick money.

Just took the words out of my mouth. Definitely one of the most nasty things for the last couple of months. Give a people easy way to make some money and they'll awe you so you can control them easily.

BitandAlt

member

Activity: 191

Merit: 21

Decentralized Security - DIW

I wouldn't say they are dead, i'd use the term hibernating. Bitcoin is dipping now, but who know's what will happen in the new year.
Bitcoin Cash also went on a roller coaster ride.
But since all coins except XRP are on a dip, it would be wise to consider buying now and Hodling til they rise again.

VarDiff

full member

Activity: 196

Merit: 100

Bitcoin Cash is not a future, it's cancer.
Very volatile, centralized and controlled by a greedy and immoral leader who will do anything to make more money.

Say Thanks to Roger Ver for 280+ thousand unconfirmed transactions and $50 average fee.
People supporting Cash only for one reason — it's volatile and allows to make quick money.

cryptobobo

member

Activity: 210

Merit: 10

The P2P Marketplace For Digital Content

Morelikely BTC is starting to burst today, -20% lose for the btc holders right now and seems it will still go down.

Topic: Bitcoin is DEAD for small payments, Bitcoin Cash is the FUTURE - page 7. (Read 1568 times)