I send $1 worth of BTC and pay $4.95 in fee, is that a joke? 500% fee? ROFL - page 2.

Metros

full member

Activity: 308

Merit: 100

Quote from: BitcoinsGreat on August 29, 2017, 01:55:09 PM

Quote from: Metros on August 29, 2017, 12:55:06 PM

That's more expensive then sending money from MARS to Cambodia with a satellite technology.
Looks like Bitcoin is going to fail hard and Ethereum finally will take over.

One thing make me wonder why the tx fee is not decreasing after swegit implemeataion. Making a bigger block means faster confirmation and low transcation fee but we have not seen any thing low in terms of bitcoin fee. I will not suggestt o use BCH, lite coin etc but would like to know if this can be possible in BTC also, the low trans cation fee.

Well I am now using ETH and WAVES instead. fast and cheap.

BitcoinsGreat

sr. member

Activity: 1022

Merit: 280

Quote from: Metros on August 29, 2017, 12:55:06 PM

That's more expensive then sending money from MARS to Cambodia with a satellite technology.
Looks like Bitcoin is going to fail hard and Ethereum finally will take over.

One thing make me wonder why the tx fee is not decreasing after swegit implemeataion. Making a bigger block means faster confirmation and low transcation fee but we have not seen any thing low in terms of bitcoin fee. I will not suggestt o use BCH, lite coin etc but would like to know if this can be possible in BTC also, the low trans cation fee.

Metros

full member

Activity: 308

Merit: 100

Quote from: ardentvolcanoes on August 29, 2017, 01:32:01 PM

it seems that its a simplest way promoting eth and giving negative impact to bitcoin but yes its really ridiculous its impossible now to send small amount of bitcoin
because of the fee and its really annoying now and if this cant be avoided anymore maybe more people will consider to us other alts so better to make some improvements or other options for this.

Dude, I own BTC, ETH and 30 more coins.. I think we need BTC as the "Big brother" of the crypto market but it's just too much. and it should be replaced.

ardentvolcanoes

sr. member

Activity: 1050

Merit: 252

it seems that its a simplest way promoting eth and giving negative impact to bitcoin but yes its really ridiculous its impossible now to send small amount of bitcoin
because of the fee and its really annoying now and if this cant be avoided anymore maybe more people will consider to us other alts so better to make some improvements or other options for this.

Metros

full member

Activity: 308

Merit: 100

Quote from: ReLieD on August 29, 2017, 01:20:11 PM

First of all , you are so stupid that you chose Bitcoin to send a 1 USD transaction. Like really , you could have easily used some other mode for transferring such a cheap tiny amount. The purpose of Bitcoin is not to send such small amounts

Really, then why every one marketed Bitcoin since 2009 as alternative to FIAT, Visa & Banks? clearly it's not.

pushups44

sr. member

Activity: 854

Merit: 281

Quote from: RawDog on August 29, 2017, 01:06:32 PM

Quote from: jacee on August 29, 2017, 12:58:29 PM

Quote from: Metros on August 29, 2017, 12:55:06 PM

That's more expensive then sending money from MARS to Cambodia with a satellite technology.
Looks like Bitcoin is going to fail hard and Ethereum finally will take over.

Main reason why sending dusts or small amounts are to be avoided specially at times like this when you need a higher fee for your transaction to get confirm fast. If you want to send money with cheaper , yeas eth is a good choice. I doubt it will ever surpass bitcoin tho.

Just use Bitcoin Cash. That is what it was designed to do. Simple solution. Bitcoin Core is designed for big bank settlement functionality. It doesn't work for amounts less than about $100. Get used to it. That is the way Bitcoin is set up now. YOu can thank Core for that.

Bitcoin cash is having issues with lengthy block times, according to Charlie Lee. If miners are still unsure about permanently mining BCH, it discourages its use for day to day transactions. I suspect confirmation times will speed up for bitcoin core as the software gets continually upgraded.

Metros

full member

Activity: 308

Merit: 100

Quote from: danherbias07 on August 29, 2017, 01:19:00 PM

Send a dollar? Grin

Where will you send it? Donation for the people who made FUD? Grin

Is bitcoin meant for that?
How about this. Go to any money transfer company and let us see if they will let you send a dollar. Grin

You are really funny man and yes it is ROFL... to the thread you made. Grin

Be serious in creating threads next time.
This should be locked.

You kidding right? jesus.

Go outside, get your self a 0.99cent drink. oh and pay $5.99 including fee. big ROFLMAO.

Now let's put aside RICH west countries, that need to pay $5.99 for a drink instead of $0.99. let's go for 3rd world countries, they pay nothing, like $0.10 for a drink, they make $10/day when working 10 hours a day. so they should pay %50 of it on a fee for 1 drink? you hear your self? let me be more clear: ROFLROFLROFLROFLROFLROFLROFL.

Yeah, no 3rd world country, western countries, no sain person will "use" bitcoin a it intended. now you unerstand why people calling bitcoin "pyramid scheme" for a reason.

Bitcoin started good but something happen and instead of being alternative to FIAT, Visa, Banks and so on - FIAT, Visa & Banks are the best alternatives to Bitcoin jesus.

Really sad to see that, I surely hope Ethereum wont get near this fees else it'll get fucked as well.

helloeverybody

legendary

Activity: 1008

Merit: 1000

★YoBit.Net★ 350+ Coins Exchange & Dice

Quote from: The Sceptical Chymist on August 29, 2017, 01:16:17 PM

Yes that is crazy, and that's why you should hold bitcoin. And yeah it's your fault for sending $1 of bitcoin and it's also why I'm not buying a cup of coffee with btc anytime soon.

You cant say its his fault for sending $1. Thats what bitcoin was first introduced as, a peer to peer online currency competing with things like paypal and wester union so thats what it gets peddled as. But now theres certain rules, today the minimum you can send is what? $100? next year $1000?

So what is bitcoin now? just a settlement layer for rich people and then for large companys and eventually only banks?

ReLieD

sr. member

Activity: 546

Merit: 255

First of all , you are so stupid that you chose Bitcoin to send a 1 USD transaction. Like really , you could have easily used some other mode for transferring such a cheap tiny amount. The purpose of Bitcoin is not to send such small amounts

danherbias07

legendary

Activity: 3262

Merit: 1130

Leading Crypto Sports Betting & Casino Platform

Send a dollar? Grin

Where will you send it? Donation for the people who made FUD? Grin

Is bitcoin meant for that?
How about this. Go to any money transfer company and let us see if they will let you send a dollar. Grin

You are really funny man and yes it is ROFL... to the thread you made. Grin

Be serious in creating threads next time.
This should be locked.

Metros

full member

Activity: 308

Merit: 100

Quote from: The Sceptical Chymist on August 29, 2017, 01:16:17 PM

Yes that is crazy, and that's why you should hold bitcoin. And yeah it's your fault for sending $1 of bitcoin and it's also why I'm not buying a cup of coffee with btc anytime soon.

You all keep proving my point, if no one will use this coin then it wont be globally adopted and it will die sooner or later.

Why would exchanges keep BTC as prime coin with this fees? they will look for ETH or other solutions.

If you wont buy coffe with it, you wont be products you wont do shopping you wont exchange with it.

You simply gonna hold on a coin that aint useable.

Metros

full member

Activity: 308

Merit: 100

Quote from: Script on August 29, 2017, 01:14:06 PM

Who the fuck sends $1 in bitcoin?

If you want to transaction really small amounts of money there are lots of option, bitcoin is not suitable for that, as you could see...

Yup clearly, proove my point. Bitcoin will never be globally adopted.

The Sceptical Chymist

legendary

Activity: 3500

Merit: 6981

Top Crypto Casino

Yes that is crazy, and that's why you should hold bitcoin. And yeah it's your fault for sending $1 of bitcoin and it's also why I'm not buying a cup of coffee with btc anytime soon.

Metros

full member

Activity: 308

Merit: 100

Quote from: helloeverybody on August 29, 2017, 01:12:47 PM

Quote from: Metros on August 29, 2017, 01:09:30 PM

Quote from: jacee on August 29, 2017, 12:58:29 PM

Quote from: Metros on August 29, 2017, 12:55:06 PM

That's more expensive then sending money from MARS to Cambodia with a satellite technology.
Looks like Bitcoin is going to fail hard and Ethereum finally will take over.

Main reason why sending dusts or small amounts are to be avoided specially at times like this when you need a higher fee for your transaction to get confirm fast. If you want to send money with cheaper , yeas eth is a good choice. I doubt it will ever surpass bitcoin tho.

So Bitcoin will be working for rich only? then it'll die fast.

FIAT, Visa, Banks, Checks.. any thing else is cheaper then Bitcoin fees now.

The whole existence of Bitcoin is to get rid of the expensive wall street and Bitcoin became worse.

Young, Poor, Countries in development wont be able to use Bitcoin at all. in some countries, Bitcoin fee is 50% of daily salary, you get that?.

Bitcoin will never be adopted. Aliexpress/Amazon/Ebay or any ecommerce services in or outside the blockchain will never adopt it.

You wanna buy USB for $2 but paying $5 fee? yeah, aint gonna work.

I unerstand why every one looking for alternative. Ethereum is not only take over Bitcoin, it's gonna eat it for breakfast.
NEM is also a good one but not user-friendly so wont be adopted either.

Bitcoiin is just for the rich now and i dont see it getting fixed anytime soon. Theres nothing more embarrassing than trying to introduce someone new to bitcoin, explaining how revolutionary it is until you try and get them to send something and it cost more in fees than the amount they send.

And people wonder why alts are going up Roll Eyes

I wouldnt count on ethereum being your saviour either, It scales no better than bitcoin.

Yeah today a friend asked me to "explain" what is Bitcoin. told him to stay away from it and check on Ethereum or others.

If Ethereum fees will be high then we will search for another alternative until we find something that will be ready for global adoption.

Script

full member

Activity: 263

Merit: 100

Who the fuck sends $1 in bitcoin?

If you want to transaction really small amounts of money there are lots of option, bitcoin is not suitable for that, as you could see...

helloeverybody

legendary

Activity: 1008

Merit: 1000

★YoBit.Net★ 350+ Coins Exchange & Dice

Quote from: Metros on August 29, 2017, 01:09:30 PM

Quote from: jacee on August 29, 2017, 12:58:29 PM

Quote from: Metros on August 29, 2017, 12:55:06 PM

That's more expensive then sending money from MARS to Cambodia with a satellite technology.
Looks like Bitcoin is going to fail hard and Ethereum finally will take over.

Main reason why sending dusts or small amounts are to be avoided specially at times like this when you need a higher fee for your transaction to get confirm fast. If you want to send money with cheaper , yeas eth is a good choice. I doubt it will ever surpass bitcoin tho.

So Bitcoin will be working for rich only? then it'll die fast.

FIAT, Visa, Banks, Checks.. any thing else is cheaper then Bitcoin fees now.

The whole existence of Bitcoin is to get rid of the expensive wall street and Bitcoin became worse.

Young, Poor, Countries in development wont be able to use Bitcoin at all. in some countries, Bitcoin fee is 50% of daily salary, you get that?.

Bitcoin will never be adopted. Aliexpress/Amazon/Ebay or any ecommerce services in or outside the blockchain will never adopt it.

You wanna buy USB for $2 but paying $5 fee? yeah, aint gonna work.

I unerstand why every one looking for alternative. Ethereum is not only take over Bitcoin, it's gonna eat it for breakfast.
NEM is also a good one but not user-friendly so wont be adopted either.

Bitcoiin is just for the rich now and i dont see it getting fixed anytime soon. Theres nothing more embarrassing than trying to introduce someone new to bitcoin, explaining how revolutionary it is until you try and get them to send something and it cost more in fees than the amount they send.

And people wonder why alts are going up Roll Eyes

I wouldnt count on ethereum being your saviour either, It scales no better than bitcoin.

DigitalLemming

full member

Activity: 266

Merit: 101

Yeah it's unfortunate the BTC now stands better as a store of wealth than a currency like the original vision. There are much better options to chose from for sending smaller amounts of money.

Metros

full member

Activity: 308

Merit: 100

Quote from: jacee on August 29, 2017, 12:58:29 PM

Quote from: Metros on August 29, 2017, 12:55:06 PM

That's more expensive then sending money from MARS to Cambodia with a satellite technology.
Looks like Bitcoin is going to fail hard and Ethereum finally will take over.

Main reason why sending dusts or small amounts are to be avoided specially at times like this when you need a higher fee for your transaction to get confirm fast. If you want to send money with cheaper , yeas eth is a good choice. I doubt it will ever surpass bitcoin tho.

So Bitcoin will be working for rich only? then it'll die fast.

FIAT, Visa, Banks, Checks.. any thing else is cheaper then Bitcoin fees now.

The whole existence of Bitcoin is to get rid of the expensive wall street and Bitcoin became worse.

Young, Poor, Countries in development wont be able to use Bitcoin at all. in some countries, Bitcoin fee is 50% of daily salary, you get that?.

Bitcoin will never be adopted. Aliexpress/Amazon/Ebay or any ecommerce services in or outside the blockchain will never adopt it.

You wanna buy USB for $2 but paying $5 fee? yeah, aint gonna work.

I unerstand why every one looking for alternative. Ethereum is not only take over Bitcoin, it's gonna eat it for breakfast.
NEM is also a good one but not user-friendly so wont be adopted either.

BittyBatty

jr. member

Activity: 49

Merit: 1

Quote from: RawDog on August 29, 2017, 01:06:32 PM

Quote from: jacee on August 29, 2017, 12:58:29 PM

Quote from: Metros on August 29, 2017, 12:55:06 PM

That's more expensive then sending money from MARS to Cambodia with a satellite technology.
Looks like Bitcoin is going to fail hard and Ethereum finally will take over.

Main reason why sending dusts or small amounts are to be avoided specially at times like this when you need a higher fee for your transaction to get confirm fast. If you want to send money with cheaper , yeas eth is a good choice. I doubt it will ever surpass bitcoin tho.

Just use Bitcoin Cash. That is what it was designed to do. Simple solution. Bitcoin Core is designed for big bank settlement functionality. It doesn't work for amounts less than about $100. Get used to it. That is the way Bitcoin is set up now. YOu can thank Core for that.

Use LTC for small denominations and daily purchases. Up to date technology.

RawDog

legendary

Activity: 1596

Merit: 1026

Quote from: jacee on August 29, 2017, 12:58:29 PM

Quote from: Metros on August 29, 2017, 12:55:06 PM

That's more expensive then sending money from MARS to Cambodia with a satellite technology.
Looks like Bitcoin is going to fail hard and Ethereum finally will take over.

Main reason why sending dusts or small amounts are to be avoided specially at times like this when you need a higher fee for your transaction to get confirm fast. If you want to send money with cheaper , yeas eth is a good choice. I doubt it will ever surpass bitcoin tho.

Just use Bitcoin Cash. That is what it was designed to do. Simple solution. Bitcoin Core is designed for big bank settlement functionality. It doesn't work for amounts less than about $100. Get used to it. That is the way Bitcoin is set up now. YOu can thank Core for that.

Topic: I send $1 worth of BTC and pay $4.95 in fee, is that a joke? 500% fee? ROFL - page 2. (Read 1155 times)