Here we go again. A worthless wall of text, coming from someone who has actually read it to the end (waste of my time).TL;dr People will move from coin Y because of problem X to coin Z with problem X. Flawless logic indeed. BIP101 propaganda post backed up by nothing but the persons words (I require more to believe such stories).
Fees to execute payouts rose to around 40 cents - and such payouts require 6-10 hours for confirmation. Customers understandably complain about these long delays, but we can neither pass on the extra fees to them (as most would rather wait than pay more), nor take them ourselves (because mining is a low-margin business). To be confirmed within a few blocks, we would have had to pay over two dollars.
I had no problem transacting at said time. I'd like to see evidence of this.
I have once hated altcoin because I saw them as competitors of bitcoin but I have learnt to appreciate them as an escape to what bitcoin could become.
Still better option than XT.
The concept of finite bitcoins is one of the best features. Miners pumping out infinite bitcoins would just make it monopoly money.
What are you talking about?
Updated.