Bitcoin Suggested TX over 1 USD, Mempool Full, Money Stuck (No Problems Of This Kind on STEEM)

in #bitcoin7 years ago

Bitcoin has crossed 1800 USD price which made loads of people to buy and sell it = loads of transactions.

Remember when you sometimes had to wait 2 days for transaction to hit? There was prolly 40-60k transactions stuck.
Look on this!

Current minimal fee to get into a block not stuck is over 1,5 USD aka 0.001 BTC minimum.

STEEM, BTS and LTC To Be Used!

So if you want to move BTC between places that have SBD or STEEM.. Best is to convert into that and then move fast, free (-exchange fees) and convert back.
Litecoin (since yesterday) is also a decent solution and of course BTS the initial grapehene coin too.

Other posts of mine connected to this:
https://steemit.com/bitcoin/@kingscrown/want-to-save-up-on-fees-while-sending-btc-try-this-guide
https://steemit.com/bitcoin/@kingscrown/ltc-segwit-activated-get-211ltc-for-solving-riddle-over-6500-usd-now

Follow, Resteem and VOTE UP @kingscrown creator of http://fuk.io blog for 0day cryptocurrency news and tips!

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Wow. BTC is a real shitcoin now, isn't it? Makes me wonder why so many are still willing to pay so much for it.

Surely not good for moving money.. Unless you want to pay as much as in banks or wait as long as in banks

One man's shitcoin is another man's treasure.
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Bitcoin has become a total joke.

Yeah..I'm laughing all the way to my own private bank :)

Sadly its too centralized to be fixed/changed at this point

kingscrown, then are you seeing a change in the leadership of cryptos in some point in the future?... could ETH take the lead?... thanks for ur info!

Come on people, Bitcoin is a joke? Really? You are only on this platform right now because of Bitcoin.

Of course it was a great invention when it came out, but it's old now. Other alternatives are just so much better.

Sent Bitcoin yesterday, took 10 minutes and I paid ~0.0003btc or $0.61, so I can't say I have experienced this problem. Either way, having your coin being at 100% utilization certainly is a nice problem to have!

This slow contract will bottle neck to our advantage I believe! AWESOME!!!

Thanks for sharing the good news and namaste :)

First it was Gold Rush in America 1849 and now it is Crypto Currencies Rush in whole world!!!

Good INFO. I am just can't help but wonder what the "Core Team " Is thinking....They had better get SEGWIT and get it fast or else!

resteem/upvote ty!

Bitcoin has no real function except storage. Bitshares could be the functional solution to transactions and commerce. If the developers add functionality to it.

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