Blockchain wallet fee ridiculously high?

Discussion in 'Cryptocurrency, Finance, & Gambling Discussion' started by PureCaper, Nov 30, 2017.

Blockchain wallet fee ridiculously high?
  1. Unread #1 - Nov 30, 2017 at 11:59 AM
  2. PureCaper
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    Blockchain wallet fee ridiculously high?

    i have like 25$ on a wallet on my phone I forgot about. Went to go move it this morning and the fee is 9$. Are fees just high right now? I don't remember it being this high when I last used this wallet, and it was not long ago
     
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  3. Unread #2 - Nov 30, 2017 at 3:01 PM
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    Blockchain wallet fee ridiculously high?

    Bitcoin fees are high. It's not worth to use bitcoins for small transactions anymore
     
  5. Unread #3 - Nov 30, 2017 at 6:26 PM
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    Blockchain wallet fee ridiculously high?

    switch to xrp
     
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  7. Unread #4 - Nov 30, 2017 at 6:48 PM
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    Blockchain wallet fee ridiculously high?

    Why not LTC?
     
  9. Unread #5 - Nov 30, 2017 at 6:48 PM
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    Blockchain wallet fee ridiculously high?

    Swap for LTC. BTC will always have high fees from now on, especially with all these bullshit forks ans the skyrocketing prices
     
  11. Unread #6 - Nov 30, 2017 at 6:51 PM
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    Blockchain wallet fee ridiculously high?

    XRP settles in 3 seconds with no chance of double spend no waiting for confirmations no charge backs no scaling issues
     
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  13. Unread #7 - Nov 30, 2017 at 8:17 PM
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    Blockchain wallet fee ridiculously high?

    Interesting. Do you even see a need for LTC then? Can XRP be used on LN or atomic swaps or just swapped with BTC in general?
     
  15. Unread #8 - Nov 30, 2017 at 8:23 PM
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    Blockchain wallet fee ridiculously high?

    Yes in fact Ripple invented the Interledger protocol which is currently becoming a w3c standard for doing trustless atomic swaps between any two ledgers that support cryptographic escrow. https://interledger.org/interledger.pdf

    LTC was never needed. The world does not need another BTC clone. BTC is a broken algorithm and a failed experiment. When fees hit about $100 per transfer people will finally realize that and stop using it.
     
  17. Unread #9 - Nov 30, 2017 at 11:24 PM
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    Blockchain wallet fee ridiculously high?

    I still think BTC is early in development and there are some good scaling factors and it does offer better security than most coins.
     
  19. Unread #10 - Nov 30, 2017 at 11:54 PM
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    Blockchain wallet fee ridiculously high?

    sorry to hear you think that
     
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  21. Unread #11 - Dec 1, 2017 at 2:53 PM
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    Blockchain wallet fee ridiculously high?

    I think you fail to acknowledge at the long term scaling solutions. What happens when banks make their own CC that is a ripple clone?
     
  23. Unread #12 - Dec 1, 2017 at 4:11 PM
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    Blockchain wallet fee ridiculously high?

    You mean the banks who already formed a company and made a coin that other banks use? You mean Ripple?
     
  25. Unread #13 - Dec 1, 2017 at 4:48 PM
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    Blockchain wallet fee ridiculously high?

    Well first off I was actually just asking a question. I don't think I deserved a sarcastic response like that.

    But I have a few more

    1. Why should I not be concerned about the large amount of XRP ripple holds, which can easily be used to control the price of XRP and crash the price of they wanted.

    2. Why should I choose to use a "currency" if it has to go towards a third party, also refer to question 1.

    3. Why would any developers be interested in a platform that is not open to everyone. Anyone can run a bitcoin node or edit code and create a clone of Bitcoin. Ripples barrier to entry for development and testing seems to be only with big banks (correct me if I am wrong, you are the ripple expert, not me.)

    4. How will the scaling look if XRP had as many transactions/ day as BTC.

    5. What about freezing?

    6. Is XRP as secure as BTC?

    I am not asking these questions as an investor, I am asking because i would like to know more on these topics I listed but the internet is a shitty place sometimes and I get both sides of the coin and who knows if the side is correct or not.
     
  27. Unread #14 - Dec 1, 2017 at 4:52 PM
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    Blockchain wallet fee ridiculously high?

    It's almost like you have done exactly zero research and watched two minutes of a video of someone who knows nothing bashing ripple.

    1. Escrow
    2. Bitcoin and ethereum also "go toward" third parties. They are called miners.
    3. Ripple is open source
    4. Ripple already does more transactions a day than bitcoin and ethereum combined
    5. You cannot freeze ripple accounts
    6. It is more secure than BTC
     
  29. Unread #15 - Dec 1, 2017 at 5:45 PM
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    Blockchain wallet fee ridiculously high?

    I'm thinking it's exactly analogous to dialup trying to compete with fiber

    did 56k modems keep their value after 1995?
     
  31. Unread #16 - Dec 1, 2017 at 7:02 PM
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    Blockchain wallet fee ridiculously high?

    Do you not just think the governments instead of regulating BTC would find it much more convenient to introduce their own digital currency? It's inevitable with everything being online nowadays that paper money won't be a convenient currency, especially for the youth generation growing up, a government funded type of currency would kill off BTC
     
  33. Unread #17 - Dec 1, 2017 at 7:42 PM
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    Blockchain wallet fee ridiculously high?

    I expect central banks will issue IOUs on the XRP ledger
     
  35. Unread #18 - Dec 1, 2017 at 7:48 PM
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    Blockchain wallet fee ridiculously high?

    What's your fattest investment in at the minute? I think I missed out on the big buck investments with Bitcoin, ETH, Litecoin etc, but there could be some underground big return investments that haven't been found yet, would love to see something unknown pop up that's sitting at around 5-50 atm.
     
  37. Unread #19 - Dec 1, 2017 at 7:56 PM
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    Blockchain wallet fee ridiculously high?

    I only hold xrp
     
  39. Unread #20 - Dec 1, 2017 at 8:00 PM
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    Blockchain wallet fee ridiculously high?

    I've never seen ripple go above .35, do you think that will ever change? If it ever went to 2-3 heck even 10 (after BTC anything is possible imm) that'd be insane
     
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