Quote from: mjglqw on December 07, 2017, 01:01:31 AM

It really just shows how we really really need a solution as soon as possible. We cant really achieve mass adoption with these transaction fees and transaction times. Right now, we currently have what? 117,000 unconfirmed transactions? If this goes on longer I really won't be surprised if bitcoin gets kicked out of the #1 spot to be honest.

https://blockchain.info/unconfirmed-transactions

Quote from: gujbvtij on December 07, 2017, 01:01:18 AM

I think this is just a temporary situation. There are many players who have the need to use bitcoin, but the high cost of bitcoin restraining this demand. Maybe steam will use another kind of encrypted currency instead of this service

How is "high cost of bitcoin" restraining this demand? Shouldn't it be more beneficial for them if they're accepting a currency that goes up in value? And how is removing a payment method a "solution"??

https://blockchair.com/bitcoin/mempool/transactions?s=size(desc)

I'm pretty sure those are "normal" transactions , done by "normal" users, with absolutely no malicious intent.
Scroll down the list , about 10M of tx with the same size and number of outputs, and that before I got bored from scrolling.

Some are sitting there for almost one week...

Quote from: gentlemand on December 07, 2017, 01:08:46 AM

Quote from: mjglqw on December 07, 2017, 01:01:31 AM

It really just shows how we really really need a solution as soon as possible. We cant really achieve mass adoption with these transaction fees and transaction times. Right now, we currently have what? 117,000 unconfirmed transactions? If this goes on longer I really won't be surprised if bitcoin gets kicked out of the #1 spot to be honest.

For better or worse I think the Digital Gold role is winning out in which case its number 1 position is cemented forever.

That also means fees will never return to alt levels. Let's see if lightning networks deliver anything before completely giving up on currency usage, but despite what some people would tell you, no one's ever going to use it as a true currency, just the occasional spending of gains.

And Bitpay agree - https://twitter.com/bitpay/status/938572385346899970

I hate when I have to admit that the scenario above has about 99% +/- 1% chances of becoming true.

I hate the idea of digital gold.
I hate the idea of one coin for investments, one coin for large transactions, one coin as gold, one for small transactions, one for god knows what. But seems like step by step we're getting there.