Topic: Bitcoin fees make me angry (Read 2375 times)
The price's are greater favorable to larger quantities, it is very traumatic making smaller transactions.
Yes, you are right. to make a one-time transaction with bitcoin then you will be charged with a fee greater than the value of the transaction. Maybe you should just replace it with ethereum.
Yes you are the right the bitcoin fees was also high every transaction that you need to transfer or send a bitcoin the payment was you shock even a big or small transaction even thou have a choices of sendin like slow to fast but this is not right to have a high payment for the slow transaction but we should understand also thet this is the result of increasing the valur of bitcoin.
The fee's are more favorable to bigger amounts, it's very annoying making smaller transactions.
I have noticed this too for bigger payments. However, ordinarily one would've thought that the recent fork would've ameliorated this issue of high transaction fee charge as well as the backlog of transactions on blockchain. What is the essence of continuous and replicate forks of minute issues like this aren't taken care of. It's now quite discouraging sending small amount of btc across.
yes , bitcoin transaction fees is high now a days that is because bitcoin price gone higher and also transaction fees gone higher , probably it may consolidate to lower level once everything gets stable on the bitcoin race. As mentioned we need to have patience. now people are moving alt coins because of the transaction fees are higher on bitcoin ,but soon improvements will come back to keep bitcoin transaction fees stable.
What the hell ?
We must took patience and be considerate that as the price of Bitcoin rises, it will be normal that also the fees will rise because the rise will only mean that there will be such an improvement in the price that will make fees also rise because the perspective of those who are fixing the transaction, people can also afford paying high fees since they can obtain large income with regards to using Bitcoin. It was just a fair scenario actually.
yeah, expensive fee, low transaction speed. I'm tired of trading with bitcoin everyday
Unless it's an emergency, refrain from moving BTC for now. This is one of the reasons why people are moving over to other coins. Transacting in BTC currently is not very cost-friendly.
Bitcoin fee is created by miners. it is all miners mafia they syndicate and force us to pay high fees
Yeah right. And the moon is full of cheese and was made by ancient god rats.
Miners don't set , miners don't create fees.
Do a bit of research before posting stupid things like this.
You pay the fees, nobody is charging you. You compete with other users for a place in the blocks.
The miners just award the place to the one that has placed the highest bid.
just a few days ago a send btc (estimated value around 80$) and transaction fee was around 30+$ something. Those in charge of btc technology need upgrades and improvements to get it back on the right track. This way only rich fellas can use it.
The technology is already there!!!
Did you use a segwit tx?
Probably not!
So stop complaining!!!!
Fee is directly proportional to the price of bitcoin, why are you confused? Moreover the fee is for the miners. Nothing wrong with me.
No they are not!!!!
We have experienced fees twice as higher as those while bitcoin was just 20% in price.
Also during the July spam attack the fees increased twice as much while the price remained quite the same and even dropped.
It is very discouraging for anyone people to pay such a high fees. I think this is super negative, becouse maybe, this will put away many newbies. I had convinced my brother to try make money with Bitcoin, last week he was angry with me, saying that I had put him in a trouble, because he did not like the high fees. The impression that are having is that, is being formed a parallel market moved by fees. The greater the number of transactions, the greater will be fee.
Bitcoin fees and alt coin transaction fees are just mad expensive nowadays. It is not even worth it to send just a small amount of bitcoins to other wallets because of the fact that the transaction fees are more expensive than the amount you should be transferring. But I'll try to understand the security measures these trading sites do to safely transport your coins.
Not only the fees, but also the transaction speed. Since we all want cheaper fees (although the lowest fee is still very high in equivalent to USD), we only get the slowest transaction which takes over a day to confirm. Hoping that this will be fixed soon.
What the hell ?
This definitely sucks until this day. Transaction fees are just quite more expensive than using fiat money to transfer in money exchanges. It is just outrageous that some of these exchanges just impose a transaction fee higher than how much your actually dealing with. Pretty steep for a small bitcoin owner.
To tell the truth I am also very unpleasantly surprised by these fees. It was much cheaper to carry out transactions. Now that it would be possible to withdraw a small amount more than to receive, now we will save.
just a few days ago a send btc (estimated value around 80$) and transaction fee was around 30+$ something. Those in charge of btc technology need upgrades and improvements to get it back on the right track. This way only rich fellas can use it.
The bitcoin price makes as sad but the bitcoin fees really makes me more sad but i was not angry I am just trying to understand the situation on why this is happening in bitcoin, I am just hoping that one day bitcoin will again come back to $20k or more so we will all be happy. what the! Too high fees! Its to high to incash your btc is that site is crazy if you incash btc in value what you need ang the fee is too big you'll get no more! why some of wallets collect to high fees that many users use their sites to transactions no longer to use that site anymore.
Yes me too its makes me angry about the high fees when doing transaction, I'm hoping to become lower fees like before, so that many people will use it without complaining in bitcoin fees. You are totally right!!
the fees is very expensive and if you want to transfer a small amount of money , the fees is almost the same as the transfer itself
just a few days ago a send btc (estimated value around 80$) and transaction fee was around 30+$ something. Those in charge of btc technology need upgrades and improvements to get it back on the right track. This way only rich fellas can use it.
yes they will take more then 10 $for one transaction
I think $10 is not too big if we depend on how much amount that we want to cash out. for example, if we want to withdraw more than $500, and then we should pay at least $10, then I think we can do it without a problem. but it is different if we should pay more than $50 because if the fee reaches $50, then I don't think that it will make people happy because they need to pay a big fee. I think we have another choice to cash out our bitcoin and we have another altcoin to help us to cash out if we want to.
There are organization that snatch the chance to pick up a bite of money as they see a large portion of the general population are taking part in the digital money period. I even notice one of my wallet when I am going to send some bitcoins in another wallet. The amount they charge is a major smack on the face, they charge nearly $32 exchange expense for a $32 cost of bitcoin. I even endeavor to check if the cost will change in the event that I send a $1 worth of bitcoins, and after a sec of figuring the exchange charge simply drop from $32 to $30. I can't envision how they register those things.
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