Quote from: Mcoinzy on March 20, 2018, 05:35:06 AM

Why is the current public perception that bitcoin is slow and has high fees, when this clearly is not the case anymore.

Somebody with funds has created a coin that wants to compete against Bitcoin as "the coin". He and his team spawned a lot of bad news on Bitcoin. He may also be the mastermind of the spam attack.
The result is that indeed, many think that Bitcoin is slow and expensive and you better use .. something else. Quite sad.

Quote from: Mcoinzy on March 20, 2018, 06:59:12 AM

Can fees become lower then 1 satoshi per byte in the future? Like if the price of bitcoin was to increase exponentially again, wouldn't even a 1 satoshi per byte fee be somewhat prohibitive for micro-transactions? Sorry for the noob questions.

Quite unlikely for now. For microtransactions there's Lightning Network being deployed, which will may make the fees even smaller and the transactions even faster. But I don't know yet when will LN become highly used...