Topic: ♨♨♨ Bitcoin Fees Are Outrageous ♨♨♨ - page 3. (Read 1411 times)
Suggest that we all use sewgit address, you can save fees about 50%
Yes transaction fess as of this days is so high because their company or the trading sites need to adopt to the changes of value if Bitcoin. It is needed for them to raise the transaction fee so that their company won't lose their fund. If they didn't raise their fee then they will be down for good.
Try to send $60 worth bitcoin charged me $10.50 for it, been 24 hours still didn't receive it, lol what's going on?
How much are the average fee prices now? Does anyone have a graph of fee prices over time or a good source to keep track of fees?
Less than 1% of the world has adopted crypto currencies. If the fees are this absurd already, what is it going to be like when more people try to transfer money using BTC and altcoins. The fees make no sense and are a big part of the overall money grab/scheme. The fees go to the miners and the whales. The big profits will also go to the miners and whales who will crash the market when they cash in
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90% of all bitcoin owners have less than 0.1 BTC each
the fees to transfer $100 worth of BTC cost around $25. that is outrageous
Yes the fee is too high, I hope there is a way to lowering the fee of bitcoin transaction. The current fee will not good for daily transactions, I am sure that people will prefer like to use paper money if the fee is still high.the fees to transfer $100 worth of BTC cost around $25. that is outrageous
90% of all bitcoin owners have less than 0.1 BTC each
the fees to transfer $100 worth of BTC cost around $25. that is outrageous
The fee of transaction is depending on how much unconfirmed transaction pending on the blockchain system, so the wallet website will suggest you to pay the higher fee than the average fee on the system. the fees to transfer $100 worth of BTC cost around $25. that is outrageous
Yes, the commission for the transaction is very large, which causes discontent of the community. I hope the developers will make the price acceptable.
90% of all bitcoin owners have less than 0.1 BTC each
the fees to transfer $100 worth of BTC cost around $25. that is outrageous
the fees to transfer $100 worth of BTC cost around $25. that is outrageous
The fees are high at this point of time. If scaling solutions like lightning network are implemented, then the fees will automatically reduce.
Also, there is a lot of media attention because of the price increase and that has attracted a lot of new people into the market. Once the price stabilizes, attention will die down and so will the number of transactions.
It is impossible for new comes to get Bitcoin is a small ambt like the OP said even $100 is crazy and has high fee attachment. How must nee users practice using Bitcoin? When I started it was so cheap and I could use it all the time. Now it's too expensive to use to spend anything less then $100 and even then I question the fee.
Bitcoin Fees are outrageous indeed, bitcoin will get a trouble in the future because fees are much higher than others so people will use bitcoin cash coz the fees are too low, Micro-payments are not good at all in bitcoin coz your sending money but the charges is too big enough
90% of all bitcoin owners have less than 0.1 BTC each
the fees to transfer $100 worth of BTC cost around $25. that is outrageous
Which exchanges are you referencing for such high fees? For example, some exchanges depending on the country, have been given a green light to operate and therefore their fees are barely noticeable. Others, as I’ve heard charge upwards of 25%, which seems strange because sooner or later there will also be a taxation charge on the amount taken out. In a way these high fees are liking to a double taxation. the fees to transfer $100 worth of BTC cost around $25. that is outrageous
Spent $10 sending $20 today. This is the type of stuff that will push more people to use Bcash
Unfortunately, there are times that fees can be unreasonably high. But, if you get lucky, you can get great deals if you wait for them patiently.
Few days ago, I paid around $15 to move BTC 0.04.
But, it was important and I was glad to see two confirmations after five minutes
Seems, Bitcoin core dev. do not do much to improve situation.
I think, Litecoin could take some payment traffic for micro-payments and should be more widely accepted by merchants.
But, it was important and I was glad to see two confirmations after five minutes
Seems, Bitcoin core dev. do not do much to improve situation.
I think, Litecoin could take some payment traffic for micro-payments and should be more widely accepted by merchants.
That sucks. It's not Bitcoin we enjoy to use because of low transaction fees. It does not work the way it used to be. And for me, $25 for every transaction you've made is totaly hurting me. People want a cheaper fees are now bound to wait for days in able to get their Bitcoin. That's very inconvenient. All you can do is to use only one-time bitcoin transfer and don't transfer to often unless it's important. Also im a bit worried about putting my fees into low amount of fee because there's a possibility that it might get stucked at the process. That's messed up if that happens.
This is the problem nowadays, the slow transaction confirmation is forcing people to set higher fees in order for a miner to accept right away the transaction on the network. The average price is getting higher and higher as the number of transactions are also increasing (higher demand). I hope something would change, many people are affected. The purpose of bitcoin to be an efficient coin for sending and receiving coins is slowly fading away. A high transaction fee really hurts.
That sucks. It's not Bitcoin we enjoy to use because of low transaction fees. It does not work the way it used to be. And for me, $25 for every transaction you've made is totaly hurting me. People want a cheaper fees are now bound to wait for days in able to get their Bitcoin. That's very inconvenient. All you can do is to use only one-time bitcoin transfer and don't transfer to often unless it's important. Also im a bit worried about putting my fees into low amount of fee because there's a possibility that it might get stucked at the process. That's messed up if that happens.
I don't think it will change, is there a way to make it cheaper? don't think so, correct me if I'm wrong...
I've never paid transfer fees. I've transferred 4 times. 1 from Coinbase to Coinbase user using email. $0
Other 3 were from gdax to my hardware wallet. $0 fees and they took about 2-3 hours. This is with 100k-200k in memepool.
Other 3 were from gdax to my hardware wallet. $0 fees and they took about 2-3 hours. This is with 100k-200k in memepool.
90% of all bitcoin owners have less than 0.1 BTC each
the fees to transfer $100 worth of BTC cost around $25. that is outrageous
Yes the fee is too high, I hope there is a way to lowering the fee of bitcoin transaction. The current fee will not good for daily transactions, I am sure that people will prefer like to use paper money if the fee is still high.the fees to transfer $100 worth of BTC cost around $25. that is outrageous
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