Alternative Crypto (xpost r/xanaxcartel)

Me personally I believe BTC to be far to volatile now then it ever has been and not to mention the INSANELY FUCKING HIGH transaction fees.

Its what like 16$ median transaction fee if you dont want your TX to be stuck in the blockchain forever and this is after lightning has been launched to reduce strain on the network correct?

IMHO BTC is no longer a viable option for us and DNMs. I personally have been investing the small amount of BTC I have and some extra investments into altcoins (IE LTC and XMR).

I personally think there needs to be a grand movement on markets and vendors DDs and everything to move to an alternative crypto, one that is not so god damn volatile and that can actually be viable.

even for large packs it doesnt make fucking sense to have to spend ~$60 for a kpack of something on FUCKING TRANSACTION FEES! this doesnt include tumbling or fees taken when converting USD to BTC which is usually anywhere from 5-15% ontop of the ridiculous fees.

The blockchain cant take it any more, i used to be like "eh fuck it ill cut the median tx fee in half and itll only take like an hour or 2." not anymore, you pay the ridiculous high fee(currently like 16$ per TX), or risk your tx stuck in the blockchain forever.

/end rant


Comments


[10 Points] WhyAreYouEatingPaper:

Xmr


[3 Points] knotmyrealname:

You have my vote and I will move over to these other cryptocurrencies when it seems logical.

Bitcoin was fun and affordable at $4/per. It has become much more expensive and less fun. But obviously, I and others will pay a premium to get what we want.


[2 Points] dethcone:

Today i paid almost $40 in tramsaction fees.


[1 Points] throwawayagainbiatch:

The issue is you need bitcoin to get monero. It's a trap. We could go with litecoin which can be bought easily and I think that's our best option at this point.


[1 Points] None:

I don't like getting mangled either but does Monero solve the high fees problem when there is a high load? What I'm saying is are Monero fees reasonable right now just because its low traffic right now? If everyone jumped off Bitcoin and into Monero, this would be a huge increase in traffic. Will we then be paying insane mining fees with Monero? I have no clue and am trying to learn more about Monero but if the only reason Monero has low mining fees is because its not used much now, we will run into the exact same problem with Monero if they were used as much as Bitcoin. My question is basically does Monero handle mining fees in a different way so that this won't be an issue should Monero grow big?


[1 Points] SC1throwaway1:

How do you tumble altcoin, IE LTC or ETH?


[-3 Points] basjin:

16$ fee or even a 50$ fee is nothing, dont do micro transactions.