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A comment on Coinbase Wants to Be Too Big to Fail. Parent comment

Re:Coinbase Wants to Be Too Big to Fail by londons_explore on Thursday September 27, 2018 @05:38PM (#18088996)
You neglect to mention that real bitcoin payments for the last few months have had negligible fees too.
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Re:Coinbase Wants to Be Too Big to Fail by nivexous on Thursday September 27, 2018 @05:53PM (#18089113)
Because it's not a good argument. The fees are low because usage is low, but as soon as usage rises, the fees will rise again too. That's a broken system. Also, fees on BTC today are still not negligible. Average is 30-50 cents USD, which is unacceptable still for many parts of the world. BCH fees are 0.2 cents.
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Re:Coinbase Wants to Be Too Big to Fail by h1d on Thursday September 27, 2018 @06:05PM (#18089215)
> The fees are low because usage is low

> BCH fees are 0.2 cents

You're eating your own tail.

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Re:Coinbase Wants to Be Too Big to Fail by uncletammy on Thursday September 27, 2018 @07:56PM (#18089900)
This is where that whole "blocksize debate" turns out to have been worth discussing.

A sudden increase in demand for BTC will send the fees through the roof because of it's tiny 1mb blocksize. The same increase in demand will result in ~ 1/32 the increase in fees. This is due to BCH's 32mb block size.

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Re:Coinbase Wants to Be Too Big to Fail by nivexous on Thursday September 27, 2018 @06:14PM (#18089281)
BCH fees would stay this low even with 30x Bitcoins transaction volume.
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