We cannot pay our members payouts via Bitcoin anymore, this is completely impossible.
We sent payments ranging $1 - $10 with fees of $2 - $6 already 5 days ago and these payments are unconfirmed.
We are going to change our approach and be among the first businesses that pay in Bitcoin Cash and stop paying in Bitcoin.
It's just impossible to work with Bitcoin anymore.
Are you guys wondering why people move to Bitcoin Cash? It's not only because of speculation, it's because Bitcoin in its current form is a dead zombie walking in Crypto land.
Yes, it is true that small payments of BItcoin has a transaction fee much larger than the transaction costs. I'm using Bitcoin in a large transaction only so that I will not feel the large transaction fees. I am also thinking that due to rise of Bitcoin value that is why they are charging us of high transaction fees.