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Topic: Bitcoin fees (Read 689 times)

newbie
Activity: 26
Merit: 0
August 04, 2018, 11:13:48 AM
Bitcoin and Ethereum fees now is good or very low compared to the last year december 2017 when bitcoin reached 20k dollars, the transaction fee increased too. But because Bitcoin price decreased the fee also decreased .
newbie
Activity: 53
Merit: 0
August 03, 2018, 02:15:07 PM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.

that's a interisting things. but in my opinion i am never tried or use a web coin
full member
Activity: 327
Merit: 100
Open and Transparent Science Powered By Blockchain
August 03, 2018, 08:06:11 AM
But for transaction and transfer fund all around the world, transfer fee on bitcoin and ethereum is lower than banks fee

It is one of the first good things about using digital currency. If you are doing some transaction you can last less money than in real life. If you really believe bank system you need to go out from crypto.
newbie
Activity: 182
Merit: 0
August 01, 2018, 03:32:25 AM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.
I will still go for bitcoin eventhough it has a higher transaction fees as compared to etherium. I can get more profit in investing bitcoin than in etherium. And much more than that I can rely more on bitcoin for longer term investment.
sr. member
Activity: 826
Merit: 265
August 01, 2018, 03:29:11 AM
Bitcoin transactions fee is quite higher and expensive more than the ethereum transactions fee. This fees is also dependent on the site you are doing the transactions on and the quantity of bitcoin you are transacting.

of course, the cost of bitcoin transactions is higher than eth, with so many of our friends who are less able to buy bitcoin, because their capital is only a little, so capital for bitcoin is pretty high and we also need a personal fee to buy bitcoin.

But look how dependent ethereim to bitcoin?do you think you can profit better in ethereum compared to what you can have in bitcoin?think twice mate because ethereum is not worth investing for long term since those only scammer projects are using its platform
jr. member
Activity: 352
Merit: 1
July 31, 2018, 01:29:36 PM
There is no doubt bitcoin fee is higher when compare to ethereum fee during transaction. However, one need to understand that the type of wallet and where you are sending it to(either internal or external transfer) , and how fast you want the transaction to be completed determine  the charges you are to pay. Internal  transfer is usually free but external transfer require charges.
sr. member
Activity: 700
Merit: 250
July 31, 2018, 11:35:54 AM
Bitcoin transactions fee is quite higher and expensive more than the ethereum transactions fee. This fees is also dependent on the site you are doing the transactions on and the quantity of bitcoin you are transacting.

of course, the cost of bitcoin transactions is higher than eth, with so many of our friends who are less able to buy bitcoin, because their capital is only a little, so capital for bitcoin is pretty high and we also need a personal fee to buy bitcoin.
hero member
Activity: 1246
Merit: 534
July 31, 2018, 11:21:17 AM
At this stage, transaction costs really restrict the development of these two projects. With the rise of bitcoin prices, transaction costs will further improve, and bitcoin is no longer suitable for small transactions.

I agree with you in that small Bitcoin transactions are not longer worth paying the fee price. Which I suppose is fair enough we want the prices to be lower but this won't work until there are enough dynamic people trading and exchanging to make up for the lower fee.
newbie
Activity: 114
Merit: 0
July 31, 2018, 11:18:29 AM
bitcoin fee little bit vary in blockchain wallet  than exchange wallet  if we  sending bitcoin to any other wallet  it may deduct some fee's in our wallet , but blockchain wallet is less compared than exchange wallet  . all exchange wallet is same price for deduct to pay the fees for miners same like eth to pay gas fee  for the miners .  
newbie
Activity: 73
Merit: 0
July 31, 2018, 11:17:11 AM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.

Transacting with the use of bitcoin have bigger fees compared to Ethereum but that is if you are sending to an external wallet. To avoid those high fees there is a way of doing that. And that is to use one and the same web-wallet host website. For example like coins.ph if you transfer bitcoins to other users using the same site there are no fees but if you are going to send it to external wallets then that is the time that you will pay the huge transaction fees.

Yea bitcoin transaction fee is higher as compared to the transaction fee for ethereum. I think the transaction fees is a fixed something that they have programmed the sites depending on the amount you are transacting. I will try your approach and see if it will work our for me.
newbie
Activity: 28
Merit: 0
July 31, 2018, 11:16:57 AM
The calculation fee is already program on the wallet program so no one know outside the development his does they do the calculating all we know is that how much we need to pay for them when you make transfer.
newbie
Activity: 55
Merit: 0
July 31, 2018, 11:12:31 AM
Bitcoin transactions fee is quite higher and expensive more than the ethereum transactions fee. This fees is also dependent on the site you are doing the transactions on and the quantity of bitcoin you are transacting.
sr. member
Activity: 714
Merit: 260
July 31, 2018, 11:02:15 AM
You can compare with these sites.

BTC - https://bitcoinfees.earn.com/

Eth - https://bitinfocharts.com/comparison/ethereum-transactionfees.html
      - https://ethgasstation.info/

The most feature that every coin is developing are about the fee and faster confirmation.
If it's about the fees most will be in favor of ETH.

Well this might be the win for ethereum,but i dont believe that bitcoin will be in opposite side because blockchain is the main platform to be used for cryptocurrency conversion to fiats.

Bitcoin transaction charges fees it depends the quantity of the coin sending out, to another wallet, which does not have a specific fixed amount charged, the same with Ethereum, therefore all transactions fee is simply know as gas.
Youve got it right on this one mate,i guess this is enough for the OPs question to be answered
newbie
Activity: 184
Merit: 0
July 31, 2018, 10:52:04 AM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.

Currently, bitcoin's transaction fees are more expensive than ethereum's transaction fees. However, both updates are underway. For bitcoin Segwit and Lining network will make the bitcoin network faster and the transaction cost is much cheaper nowadays. I still believe that in the future bitcoin will be a popular means of payment.
member
Activity: 588
Merit: 18
July 31, 2018, 10:50:28 AM
Bitcoin transaction charges fees it depends the quantity of the coin sending out, to another wallet, which does not have a specific fixed amount charged, the same with Ethereum, therefore all transactions fee is simply know as gas.
member
Activity: 127
Merit: 10
July 31, 2018, 10:46:29 AM
Why do you think the transfer fee of BTC is very high? In fact, it is largely because the price of BTC has increased by many times. If you look at the price of a few years ago, do you think the transfer fee is still high?
sr. member
Activity: 397
Merit: 252
July 31, 2018, 10:31:01 AM
Bitcoin withdrawal costs and all digital assets as a transfer fee to the miner on each asset.Costs differ on each digital asset, please refer to the withdrawal page of each asset to find the withdraw fee
full member
Activity: 434
Merit: 101
July 31, 2018, 10:26:48 AM
The transaction fee you make for all your activities is determined by the number of your transactions, not only in bitcoin or ethereum, all coins have fees. They have determined the amount. But I think there are still many shortcomings that we need to fix the problem of transaction fees in the future
Popular things are more expensive than other who do not have threat great value. It only proves that bitcoin ia the number one in all aspects, and with this we should focus investing in bitcoin because more potentials are in it. We need to choose wisely in able for us not to loose. We should think carefully. But all in all, the fee is a form in where wallets can get there percentage, so no worries for that, it is like paying the service that offer.
full member
Activity: 280
Merit: 100
The Future Of Work
July 30, 2018, 07:40:01 AM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.
As far as I know that Ethereum prices of transaction fee is always different and big demand on the system blockchain will be increasing that fees to not affordable price. As for bitcoin probably those fees are remaining still.
copper member
Activity: 470
Merit: 14
https://bit.ly/2ULYQsr-Bounty-Telegrm- @qqwx11
July 30, 2018, 05:43:06 AM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.

Bitcoin transactions fees not same all wallet. Its various kinds of different wallet and different exchange site. Maximum exchange site take fees 0.001 btc every transactions.
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