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Re:Bitcoin is Eating Itself by StavrosK on Tuesday December 26, 2017 @08:12PM (#16012118)
You can set your own fees. I paid $3 for a transaction today (but it obviously still hasn't verified, and I don't know when it will). That's kind of the tradeoff, unfortunately.

These days, I find Bitcoin completely unsuitable for sending money. I use Bitcoin Cash, which verifies in ten minutes for something like one cent of fees (first block), but I guess that's because nobody uses it. Still, Bitcoin itself is out of the question for me personally, I'm not paying $30 for a transaction for anything.

Re:Bitcoin is Eating Itself by dannyw on Tuesday December 26, 2017 @09:05PM (#16012344)
Bitcoin cash doesn’t have artificially low constraints on capacity. 10 years ago, it was 1MB.

Despite all the advancements of storage and networking, it’s still essentially 1MB to a maximum of 1.8MB if everyone implements a complicated and costly to develop system called SegWit, and to fully use SegWit you have to use backwards incompatible addresses.

Re:Bitcoin is Eating Itself by zeep on Wednesday December 27, 2017 @03:21PM (#16017709)
Bitcoin Cash has enough space in it's blocks to cover all of Bitcoin's and Bitcoin Cash' transactions.... for now.

Your $3 Bitcoin transaction might get cancelled before it gets written to the blockchain...