Quote from: LittleBitFunny on March 07, 2017, 05:11:47 PM

Quote from: nemgun on March 07, 2017, 04:57:49 PM

Quote from: miningdude on March 07, 2017, 04:34:16 PM

Well, we have now to send transactions with a fee $1-$10 otherwise the transaction will never get confirmed

Just telling you, don't waste your time posting a thread on tech problems section

Even now transactions with less than 0.01 BTC will never get confirmed(or it will take longer)

You delvs didn't trough this could happend if the bitcoins went up the market?

Yeah, but good thing that I cashed out my bitcoins earlier haha.

I don't agree with you, transactions are processed normally, i is normal to give priority to the highest fee payers, otherwise they wouldn't pay, and miners are happy because they earn more from these high fee TXs.
You are considering the situation from USD point, Bitcoin's price is over 1200$ for now.
I always pay 50K Satoshi for all my TXs, if i am in a hurry or i have move a large amount, then i pay around 100k Satoshi, sometimes more, it depends on the size of the TX.

What i want to say is that it is useless to complain about the fee, you decide of your fee, if it is forgoten by the nodes, then rebroadcast it, if you are in hurry, ask ViaBTC to push your TX.

Consider the situation in a BTC point, and you will see that the actual fees are marginal.

Of course it's normal to give priority to those who pay the highest fees but that's just not the point. The cost of transactions has risen to ridiculous levels - you can pay a few hundred thousand satoshi and (in my case) it has still taken days to confirm. This is not okay for normal transactions. People just don't pay $10 for something and expect nearly half of it to be taken away from them for it to actually work, and transaction accelerators will never make it okay because all they do is cram a few transactions into the next block - the block is still pretty damn small.

I will keep using Bitcoin because I believe that this is a temporary problem and that it can be solved, but I don't appreciate attempts to ignore the severity of the problem. Bitcoin needs to be convenient if it's going to appeal to more people and spread as a currency.

I just hope that enough miners will implement SegWit soon because Bitcoin is on the verge of a whole new level and as soon as SegWit is approved we'll know that we're ready to make that step.

Fees is a thing that may serve as a common denominator between paypal and bitcoin. Bitcoin is an internet base as well as paypal that do transaction with fees. But the fees is for what? Fees will serve as an oil which can help developers of bitcoin to improve bitcoin transaction as well its value. Paypal is just an outlet on transaction while bitcoin is a currency itself. So bitcoin is not compliment on paypal or further related because the two have a different function on its own.