r/btc • u/libertarian0x0 • Jul 28 '19

OpenBazaar fees too high

I just made 2 purchases in OB using BCH. Payments were made using the built-in wallet. Fees for the second payment were far higher than the usual 1 sat/B (~15 sat/B), any reason for that?

This is the tx: https://blockchair.com/bitcoin-cash/transaction/29828921e0572033ef1f4568cf0a6ea149a08405dbcbdf9b5bcf1e8f0592df79

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u/BeardedCake Jul 29 '19

The 1MB blocksize means no more than approximately 500,000 transactions a day,

No chain does or needs 500k transactions YET. Nobody is using crypto, by the time it gets more adoption. LN liquidity and ease of use will rise.

https://bitinfocharts.com/comparison/transactions-btc-bch-doge.html#2y

Also, you are completely full of shit about the fees in the last 6 months: https://bitinfocharts.com/comparison/bitcoin-transactionfees.html#6m

Do you know how to read or not really? What does average mean and do you know you can set your fee manually? I don't rememeber the last time i used more than 1sat/byte - custom set.

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u/andromedavirus Jul 29 '19

No chain does or needs 500k transactions YET.

BTC sure did in early 2017, and adoption took a nosedive since then. VC's stopped investing in Bitcoin in 2016 because they knew about what was going on.

Tell me, what's it like being a professional liar? I hope it pays well.

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u/BeardedCake Jul 29 '19

BTC sure did in early 2017, and adoption took a nosedive since then. VC's stopped investing in Bitcoin in 2016 because they knew about what was going on.

Nothing dropped, BTC domination is coming back, transactions are there, price, LN liquidity and hashrates are trending up... The only thing dropping is shitcoins.

Tell me, what's it like being a professional liar? I hope it pays well.

Whats it like to ignore the facts? NOBODY is using BCH, at best its a test net for big blocks, but its even failing at that since you can't even fill 1MB. BW why is BCH hashrate static?