Post
Topic
Board Bitcoin Discussion
Re: Fees high
by
chrisvl
on 26/05/2020, 19:57:31 UTC
Fees typically rise every time the Bitcoin blockchain comes under heavy usage.
The market decides. If you think in terms of fiat money those fees look "high" but if you read them under a Bitcoin light they are fine.
On the long run fees need to sustain the network.

For everything else use dogecoin
This is not a proper response on the delay in confirmation time, bitcoin should be able to transfer more transactions with a much lower fees, we are a long away from a complete solution for scaling and using dogecoin is not the solution. Once bitcoin is pegged with dollars and majority of the investors view bitcoin as a speculative market you need to view this in terms of fiat valuation rather than looking at as a simple fees if we are looking at the long term viability of bitcoin.
Agree 100. A lot of people’s think segwit and lighting has solve the Bitcoin scaling maybe they had brainwashed, no segwit and lighting can’t solve Bitcoin scaling, the target is to make people’s use bitcoin not to force them to use other networks like dogecoin..