Re: Don't believe the HYPE! BTC trans. confirmed in 22 minutes, BCH took 3 HOURS!!!
I decided to set the BTC fee at half the reccomended amount, at around 500 sat/byte. The estimated time for confirmation was 25 BLOCKS or more than 14 hours.
ONLY 22 MINUTES!!!
So then I was waiting for the BCH transaction I sent, WITH THE FULL RECCOMENDED FEE...
AFTER 3 LONG HOURS!
What a joke. Cheap, instant transactions? HA!
ONLY 22 MINUTES!!!
So then I was waiting for the BCH transaction I sent, WITH THE FULL RECCOMENDED FEE...
AFTER 3 LONG HOURS!
What a joke. Cheap, instant transactions? HA!
Well, it's not fair without mentioned how much the fee for bch transaction?
I believe the fee to send bch is less than btc due to the difference of the price,
bitcoin price is $13,431 and bit-cash is just $2800, and you have paid 500 sats/byte, pretty high fee obviously.
However, bcash created as an altcoin, as a trading object without real utility, if the case of bcash transaction takes a longer time to be confirmed, it doesn't matter if most people just trade bcash instead of using it as a medium of exchange. and we expecting more from bitcoin, to be a better alternative currency.