Topic: Bitcoin fees - page 2. (Read 1048 times)
Big transaction fees are really a big issue for bitcoin but there could be a solution in the coming days. People at present are paying an amount of $28 on average to make transactions using the digital currency, according to data provided by BitInfoCharts.
If your investment is small then the charge is also a problem. The current fee is $ 34.
Let's me show you an important thing: The hero do not mind a small fee!
Let's me show you an important thing: The hero do not mind a small fee!
I do not care too much about the bitcoin fee, now doing anything also needs to pay. I have never thought about it too much!
Its literally too much I think. I didn't know the fees was too much these days
The charge was down once before I don't know the exact date and I hope this would soon end
There is no such hope of fee decreament atleast in the time when the btcs market value is down.
We should make a requestly approach to the developers and blockchain managers too reduce the fee.
The bitcoin trade of exchange expense has saved dollers rate cash turning bitcoin's old distinguishing strength as a less expensive online installment strategy into a funny assertion.But regardless of these expanding costs, and the long running civil argument there are caused, engineers and clients contend there are straightforward approaches to diminish charges that aren't in effect completely exploited of.we have Overall however, as the quantity of organizations supporting the new element develops, bitcoin charges will diminish some even contend that exchange charges would vanish inside and out if that exchanges supplanted typical exchanges of trade in the business.
if you expect to go down. then the bitcoin price should go down. the miners are paid a bitcoin transaction fee. not with $ (dollars). so the count is using Bitcoin. this does not matter because now bitcoin is not a currency anymore. but it has become a commodity, an asset. would be a problem if miners are forced to lower fees. it will be slow. and bitcoin miners are reduced. while investors want higher bitcoin prices. it is unbalanced.
Isn't there any other way to directly transfer btcs without paying this fees because otherwise what the difference in paying tax in fiats
This is a big problem. I am sure that next year the idea of increasing the size of the block will be continued. Continue to pull the impossible. But I'm not afraid of high price transactions. I do it once at the time when transferring a large sum into the account on the exchange. then I just change the coins for Fiat and don't pay such fees.
True, it is not worth doing small transfers now. The fees are just like the price of Cryptocut. With small transfers it is currently unprofitable. The bitcoin exchange of transaction fee has spared dollers rate currency turning bitcoin's old claim to fame as a cheaper online payment method into a laughable assertion.But despite these increasing costs, and the long running debate there are caused, developers and users argue there are simple ways to decrease fees that aren't being fully taken advantage of.we have Overall though, as the number of companies supporting the new feature grows, bitcoin fees will decrease some even argue that transaction fees would disappear altogether if that transactions replaced normal transactions of exchange in the business.
I do not completely agree with you about this. The cost is the income of the miner. If the cost goes away, no one will be mining the bitcoin anymore, then the transaction will be blocked, the system will be stagnant and bitcoin will die. As for cost reduction, it may take sometimes to increase competition with other cryptos. But if the whales dominate the market and they are monopolized, then the costs will increase significantly to satisfy their greed.
The bitcoin exchange of transaction fee has spared dollers rate currency turning bitcoin's old claim to fame as a cheaper online payment method into a laughable assertion.But despite these increasing costs, and the long running debate there are caused, developers and users argue there are simple ways to decrease fees that aren't being fully taken advantage of.we have Overall though, as the number of companies supporting the new feature grows, bitcoin fees will decrease some even argue that transaction fees would disappear altogether if that transactions replaced normal transactions of exchange in the business.
Bitcoin network fee is at like $34 right now.
When will they go back down?
When will they go back down?
Really? What kind of platform are you using? I'm using a local wallet and it doesn't charge us that much. My last transaction was charged $5 only. I know that the tramsaction fees are much lower now compared to before. Maybe the plarform you're using didn't update their charges.
Did you know why the bitcoin fee is high? The answer is simple
It is ecause bitcoin price itself is higher!
Bitcoin at december 2017 hit around usd 19k.
Therefore, the fees is high too.
It is ecause bitcoin price itself is higher!
Bitcoin at december 2017 hit around usd 19k.
Therefore, the fees is high too.
In my opinion, the transaction fees right now are just enough. There is no need for them to srop the fees. We all know that transaction fees are needed in order for them to function.We should be okay with that, its not that high and its more convinient. I can't ask for more. I am just thankful for the services provided.
Gdang fee is low today. I bought for 1000 XXX BTC and pay 0.55 XXX in transfer fee.
From a net dealer.
Apropos exodus. I dumped that one after the team made a divorce out of kicking doge out. The fees are insane on that wallet. Total crazy! Like. Am i being robbed here ? - crazy.
From a net dealer.
Apropos exodus. I dumped that one after the team made a divorce out of kicking doge out. The fees are insane on that wallet. Total crazy! Like. Am i being robbed here ? - crazy.
Bitcoin network fee is at like $34 right now.
Maybe for a high priority transaction that you need confirmed in the next block. But you should check https://bitcoinfees.earn.com/ before sending a transaction. If you are willing to wait 4-87 blocks (up to 15 hours delay) for a confirmation, then you can send a transaction for 125 satoshis/byte. At the median transaction size, that costs less then $5. Considering that Bitcoin is the most secure ledger in the world, that seems like a steal!
When will they go back down?
This spike in congestion resembles the one that took place about a month ago. It's a spam attack. It'll subside when the attackers have either achieved their objectives or run out of money.
I use the exodus wallet. How am I able to change the transaction fee?
but then miners could take in work more profitable transaction,and your transaction will wait... last time for example i was waiting about 5 or 6 hours (2 days ago)
Bitcoin fees are a necessary amount for bitcoin miners to pay for bitcoin transactions. The bitcoin fees on commercial sites are very different, you can adjust the bitcoin transaction fee to the most reasonable price that you can accept.
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