♨♨♨ Bitcoin Fees Are Outrageous ♨♨♨ - page 6.

Re3urst

newbie

Activity: 45

Merit: 0

Quote from: Scor1937 on December 11, 2017, 02:48:19 AM

I have most of my transactions stuck at blockchain. Although i payed the fees for the transactions, I can't confirm any of my transaction. One of my transaction is stuck from 4 days and it is really annoying me now. I tried to use some of the best transaction accelerators but they are of no use. Hopw the problem will be resolved sooner as i am now facing some major issues due to the network congestion.

People don't care. Euphoria is rampant. People will continue to buy due to FOMO and thinking it will go up forever. Bitcoin pays no dividend and produced no cash flow. I am glad I cashed out my initial investment. No such thing as profit until cash is in your bank account.

crytomusica

member

Activity: 101

Merit: 100

Cointed. The Future of the Money

Quote from: rikybrosh on December 11, 2017, 02:22:19 AM

Quote from: ShortCoins on December 11, 2017, 02:10:45 AM

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.

This is one of the sad side of this beautiful market. This muıch transaction fee is not really sustainable. I believe that will effect the future of bitcoin.

semobo

full member

Activity: 1498

Merit: 146

Quote from: ShortCoins on December 11, 2017, 02:10:45 AM

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

Yeah the price is too high because of more number of pending transactions and the transaction done oer second is very less than normal tine I don't know why this is happening but lot of bitcoin miners maybe inactive.Maybe it is the effect of mining banned in China but not sure when this problem going to solve if the price keeps increasing then it is not good for the bitcoin future.

Scor1937

full member

Activity: 252

Merit: 100

I have most of my transactions stuck at blockchain. Although i payed the fees for the transactions, I can't confirm any of my transaction. One of my transaction is stuck from 4 days and it is really annoying me now. I tried to use some of the best transaction accelerators but they are of no use. Hopw the problem will be resolved sooner as i am now facing some major issues due to the network congestion.

howard.ashoul

full member

Activity: 140

Merit: 101

Yes.

It should be done something about that!

ShortCoins

newbie

Activity: 14

Merit: 0

This is supposed to be the money of the future.

I personally don't want to wait a week and pay 25% fee. That's some bullshit

Jet Cash

legendary

Activity: 2814

Merit: 2472

https://JetCash.com

Estimate fee ( https://estimatefee.com/ ) seems to believe that if you are prepared to wait 7 days for a confirmation, the fee for a "standard" transaction should be $0.63.

reck1ess

member

Activity: 350

Merit: 30

Quote from: ShortCoins on December 11, 2017, 02:10:45 AM

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

Right now, fees are even higher than you transaction. I was trying to send around $5 to external wallet but thwn the fee is $8. Fees are getting crazy.

rikybrosh

full member

Activity: 477

Merit: 100

Quote from: ShortCoins on December 11, 2017, 02:10:45 AM

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.

ShortCoins

newbie

Activity: 14

Merit: 0

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

that means 90% of the owners cant even afford to transfer their coins without losing a lot of money

Topic: ♨♨♨ Bitcoin Fees Are Outrageous ♨♨♨ - page 6. (Read 1411 times)