An interesting thing to note though, is that the BTC we all knew and loved over the years, is technically "dead" or "gone" and what we call BTC is actually SegWit-Bitcoin. Just food for thought. So now there's SegWit Bitcoin with 1 MB Blocks (tiny) and Bitcoin Cash with 8 MB Blocks aka 8 times as much room to fit transactions in each block, meaning quicker confirmations. I think the #1 thing holding Bitcoin back is how SLOW and EXPENSIVE it is to use on a daily basis /:
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The Expense is why I tend to use Litecoin or Ethereum when transferring my crypto somewhere.
I noticed that Monero is pretty high on fees too.
Bro if you're sending Steem Dollars out of here, I use Dogecoin... It has the absolute lowest fees. And it's perfect for microtransactions like the tiny rewards I get usually :D All these huge cap coins are starting to have huge fees in a world where people are beyond upset with fees to begin with. Some systems actually have zero fees and it's starting to seem like Steem could be a Sleeping giant as far as awesome platforms with no fees... Also Iota most likely too though.
Haha! Doge isn't of much use to me sadly, I'm talking about when I sell any profits for dollars (CAD).
BTC and ETH are often more expensive to send than LTC, and I can sell Litecoin on QuadrigaCX.
Unless I'm missing something, I don't think Doge can help me in any way if I need to get something turned into $.
Are you talking about converting Steem/SBD into Doge via Blocktrades to buy another coin? Because that could be a great idea! I might have to try that out sometime.
Have you ever used ShapeShift? You could send Doge and receive something else like LiteCoin or Ethereum, etc. And yes that's exactly what I mean, with blocktrades (:
Yes I do use ShapeShift, but if I went from Steem to Doge then to ETH/LTC, wouldn't that just be adding an unnecessary extra step? (Maybe more fees too?)
I can go Steem to LTC on Blocktrades, and just cash the Litecoin out for $.