Topic: What about Micro-Bitcoin-Businesses? - page 2. (Read 1086 times)
I saw the fee and in 1000 $. This only indicates the sender's carelessness.
The situations have changed a lot but i am not sure who will be giving away $50 as transaction charges while i can still bitcoin with just 0.0014 satoshi ,just do not calculate it with dollars ,just look at it as satoshi and then it wont be that much of a big issue. 
since we have issues with the block limit we have to adapt or simply stop using it.
since we have issues with the block limit we have to adapt or simply stop using it.I guess we are not ready to stop using it even though it's part of the options and some of no chance but to start adopting to how things are at the moment so we are only calling for some kind of solution if possible.
The situations have changed a lot but i am not sure who will be giving away $50 as transaction charges while i can still bitcoin with just 0.0014 satoshi ,just do not calculate it with dollars ,just look at it as satoshi and then it wont be that much of a big issue. since we have issues with the block limit we have to adapt or simply stop using it.
since we have issues with the block limit we have to adapt or simply stop using it.I am not joking ,I have really seen 100$ fees on BTC transactions. Yes it was multi-input-output ones, but still. This should not happen.
So I am not exagerating when I say that BTC transactions will be 500$ soon. It will be. Segwit will probably not activate, and even if it does, it will not resolve this issue.
I think Bitcoin is over, at least it will have a slow death, people will have time to prepare.
I think Bitcoin is not over and bitcoin is growing a lot better than in 2016. People should be aware to not withdraw dust payments to their wallet otherwise the high fees are there and nothing can be done to stop them. A solution is needed I agree with you but I like the first meme 100 times better and it is still much more perfect than Western Union as with Western Union you lose your privacy and important part which no other payment process can compete with bitcoin.
The situations have changed a lot but i am not sure who will be giving away $50 as transaction charges while i can still bitcoin with just 0.0014 satoshi ,just do not calculate it with dollars ,just look at it as satoshi and then it wont be that much of a big issue. since we have issues with the block limit we have to adapt or simply stop using it.
since we have issues with the block limit we have to adapt or simply stop using it.I am not joking ,I have really seen 100$ fees on BTC transactions. Yes it was multi-input-output ones, but still. This should not happen.
So I am not exagerating when I say that BTC transactions will be 500$ soon. It will be. Segwit will probably not activate, and even if it does, it will not resolve this issue.
I think Bitcoin is over, at least it will have a slow death, people will have time to prepare.
The situations have changed a lot but i am not sure who will be giving away $50 as transaction charges while i can still bitcoin with just 0.0014 satoshi ,just do not calculate it with dollars ,just look at it as satoshi and then it wont be that much of a big issue. since we have issues with the block limit we have to adapt or simply stop using it.
since we have issues with the block limit we have to adapt or simply stop using it. 
You know folks, I have been here for about 4 years now, and not many of us remember, although I hope some still do, is that about 2-2.5 years ago we had a lot more "growth" in the small business sector.
What I mean is that we used to have Faucets with 100-200 satoshi payouts, Direct Gambling a.k.a Satoshidice, which ran on the Blockchain, and a lot more businesses/services that ran directly on the blockchain.
So there was a gambling service where you just sent 10,000 satoshi, and you got back 20,000 if you won. It took about 10-20 minutes and it was a lot of fun for many people. Not to mention the faucets, I remember I used to play around with faucets in 2014, it was a lot of fun.
Of course that is ALL GONE, thanks to 10-50$ transaction fees in recent blocks:
https://blockchain.info/tx/308044393039a0d5e573a0c8289663bc964b63cce6cd80753b57bfc43613481d
https://blockchain.info/tx/7af677afbd94ee8959527a8c72c3d6b67853ba9c6a99b75a31f6e61e61448e50
https://blockchain.info/tx/32522ec8496bc0303b8b124cf9f234b990672f6f4e25d0e3466dbfcdeaaf2a3b
and so on....
You know it was a lot of fun having poor people, 3rld world, you name it, where the average daily income is like 2$ having to have the opportunity to transact with Bitcoin for a fraction of 0.01$.
But now that the fees got to 10-50$ on certain TX i have seen 100$ fees as well. I wonder how the poor 3rld worders that Andreas Antonopoulos has been talking about will be emancipated.
A lot of Bitcoin evengalists like Andreas has been talking about how Bitcoin will help the 3lrd world, yeeeeah sure. Hahaha with 50$ fees that is like their entire monthly paycheck.
You guys are really morons, nobody will use Bitcoin in 5 years if this continues, who the fuck will keep up with 10$ fees where even my Bank Wire transfer costs less?
What is the charm of Bitcoin if the fees are gone?
ANYONE REMEMBER THIS MEME?
http://www.coindesk.com/western-union-faces-backlash-removal-spoof-bitcoin-ad/
It's more like this now:
I think I'll just use Western Union now, the fees are only 5$ after all, while in Bitcoin it's 50$ , HAHAHHA
So the point is that FAUCETS ARE GONE, BITCOIN GAMBLING IS DECLINING WITH HUGE FEES, AND A LOT OF MERCHANT BUSINESSES ARE LEAVING!
Bitcoin will be dead in 5 years if this trend continues. I remember there were like 100,000 merchants, in 2016 according to a survey. Now I wonder how many are there still out there with this fees?
What about Bitcoin ATM's, their business is getting decimated with fees like this.
What I mean is that we used to have Faucets with 100-200 satoshi payouts, Direct Gambling a.k.a Satoshidice, which ran on the Blockchain, and a lot more businesses/services that ran directly on the blockchain.
So there was a gambling service where you just sent 10,000 satoshi, and you got back 20,000 if you won. It took about 10-20 minutes and it was a lot of fun for many people. Not to mention the faucets, I remember I used to play around with faucets in 2014, it was a lot of fun.
Of course that is ALL GONE, thanks to 10-50$ transaction fees in recent blocks:
https://blockchain.info/tx/308044393039a0d5e573a0c8289663bc964b63cce6cd80753b57bfc43613481d
https://blockchain.info/tx/7af677afbd94ee8959527a8c72c3d6b67853ba9c6a99b75a31f6e61e61448e50
https://blockchain.info/tx/32522ec8496bc0303b8b124cf9f234b990672f6f4e25d0e3466dbfcdeaaf2a3b
and so on....
You know it was a lot of fun having poor people, 3rld world, you name it, where the average daily income is like 2$ having to have the opportunity to transact with Bitcoin for a fraction of 0.01$.
But now that the fees got to 10-50$ on certain TX i have seen 100$ fees as well. I wonder how the poor 3rld worders that Andreas Antonopoulos has been talking about will be emancipated.
A lot of Bitcoin evengalists like Andreas has been talking about how Bitcoin will help the 3lrd world, yeeeeah sure. Hahaha with 50$ fees that is like their entire monthly paycheck.
You guys are really morons, nobody will use Bitcoin in 5 years if this continues, who the fuck will keep up with 10$ fees where even my Bank Wire transfer costs less?
What is the charm of Bitcoin if the fees are gone?
ANYONE REMEMBER THIS MEME?
http://www.coindesk.com/western-union-faces-backlash-removal-spoof-bitcoin-ad/
It's more like this now:
I think I'll just use Western Union now, the fees are only 5$ after all, while in Bitcoin it's 50$ , HAHAHHA
So the point is that FAUCETS ARE GONE, BITCOIN GAMBLING IS DECLINING WITH HUGE FEES, AND A LOT OF MERCHANT BUSINESSES ARE LEAVING!
Bitcoin will be dead in 5 years if this trend continues. I remember there were like 100,000 merchants, in 2016 according to a survey. Now I wonder how many are there still out there with this fees?
What about Bitcoin ATM's, their business is getting decimated with fees like this.
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