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Topic: big transaction fee in Bitcoin , really down the future of btc ? - page 4. (Read 2277 times)

hero member
Activity: 714
Merit: 531
That is the one thing hates by more users of bitcoin if the big transaction fees was continuous to increase i do not think if the adoption by more country even a people will also continue.
And i think they need to eliminate the slow confirmation in every transaction to convince some people to used bitcoin evwn it has i big fees.
legendary
Activity: 3472
Merit: 10611
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Can you think that with the increase of the transaction fee of the Bitcoin will results into less use of the Bitcoin for transaction from one address to another .
And people will move toward the other cryptocurrency .
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yes it will on both cases but the problem is that they will face the ugly truth after the transition to other cryptocurrencies. the truth that most of these altcoins are pump and dump schemes with lots of things wrong with them.
and also the ugly truth that most of them have terrible issues with scaling. some of them even are going to have much higher fees than bitcoin if used more than just for trading.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
I don't mind having a big transaction fee since why we feel this way is because of the current bitcoin price. Right now, the fees is still reasonable to me because the bitcoin price really considered as high.

My concerned is the confirmation time because sometimes even we are using the standard fees, the confirmation times still takes time. In the end, it's useless to pay a big transaction fees if the confirmation time still having a slow time before it was being confirmed. Really need something as worth to pay as paying $5 every transaction is not a joke so at least we are getting compensated.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
Day to day the price of the Bitcoin is increasing but with this a big problem arising that is fee .
Can you think that with the increase of the transaction fee of the Bitcoin will results into less use of the Bitcoin for transaction from one address to another .
And people will move toward the other cryptocurrency .
Or there is chances to improve the block chain network​ and increase the size of block .

I request to everyone to give you thoughts and views at this big problem of fee .
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