Bitcoin fees make me angry - page 4.

Zebra.Guy

member

Activity: 61

Merit: 10

Quote from: nagatraju on December 07, 2017, 09:58:02 AM

Quote from: CryptosapienZA on December 07, 2017, 08:39:48 AM

The fees are ridiculous, unfortunately people are currently obsessing about the price and we are negleting this very important aspect. This morning, i was demonstrating to a friend. I have a wallet with 110 USD, so I tried to send 20usd. The wallet said insufficient funds..

it's incredible...I can't take it...therefore I use bitcoin only as an asset

Yes it is unbelievable. There are currently 220.000 unconfirmed transactions and that number seems to be growing (yesterday when I checked there were like 160.000 unconfirmed transactions and I thought wow, I coudn't believe it). With 220 000 transactions waiting in a queue no wonder that the fee is so high.

rotate4all

newbie

Activity: 1

Merit: 0

https://image.ibb.co/hPtvKb/Capture.jpg

$13.38 to send a $10 payment (even with that fee, it'll get confirmed God knows when).
Yup, disabling Bitcoin payments on-site until all of this gets sorted out.
Even sending it via Western Union is cheaper. Fvckin ridiculous!!

danherbias07

legendary

Activity: 3108

Merit: 1115

Leading Crypto Sports Betting & Casino Platform

Then just let it be or hold it. Grin

It is annoying when you are converting it to dollars. But when you are seeing it all thru bitcoin then it is just small.
Bitcoin price is too high so all those who converts it will really feel the transaction fee. But if you really think of it that is just .001 of a bitcoin or maybe lower.

WUUEX79

member

Activity: 378

Merit: 19

Xch4nge.com

Quote from: Nomteck on October 28, 2017, 07:32:17 PM

What the hell ?

Expensive and Cheap, i suppose it depends on the service of this wallet.
I'm Indonesia, my opinion hasn't changed, i prefer and choose any wallet that i like best, namely Triv.
Because, Triv makes me feel secure.

Xester

hero member

Activity: 994

Merit: 544

Quote from: brott on December 07, 2017, 10:27:12 AM

the value of transaction costs is higher, sometimes irritating, but I think it depends on the provider or the site
there is a cheap but long process of transaction.

Well we cannot blame them because the price of bitcoin is likewise very high. I guess it is just like the price of gasoline that if the price is high then it would also increase its price to gas stations. Though it is really frustrating to know that you have paid a relatively big amount of money.

DoublerHunter

hero member

Activity: 2590

Merit: 644

I am also disappointed with the fees of bitcoin which is extremely high and because of that, i am being discouraged by the people who are using other way of mode of payment like paypal to stick with paypal because they insist that it is better and much cheaper in service fee than bitcoin that is minimum of $10 fee of any transaction even though you are only sending lower than that amount.

brott

newbie

Activity: 41

Merit: 0

the value of transaction costs is higher, sometimes irritating, but I think it depends on the provider or the site
there is a cheap but long process of transaction.

quocsi

full member

Activity: 360

Merit: 100

Yes, the bitcoin value is higher, the value of the transaction fee is higher. That made me angry. Because I think the fee that I pay is not that value. Where is the profit when it comes to fees?

nagatraju

hero member

Activity: 672

Merit: 500

Quote from: CryptosapienZA on December 07, 2017, 08:39:48 AM

The fees are ridiculous, unfortunately people are currently obsessing about the price and we are negleting this very important aspect. This morning, i was demonstrating to a friend. I have a wallet with 110 USD, so I tried to send 20usd. The wallet said insufficient funds..

it's incredible...I can't take it...therefore I use bitcoin only as an asset

Laurayaki

member

Activity: 93

Merit: 10

why use the btc for transactions? nothing but ETH is much faster and cheaper

CryptosapienZA

full member

Activity: 378

Merit: 101

The fees are ridiculous, unfortunately people are currently obsessing about the price and we are negleting this very important aspect. This morning, i was demonstrating to a friend. I have a wallet with 110 USD, so I tried to send 20usd. The wallet said insufficient funds..

shezu007

full member

Activity: 336

Merit: 121

Quote from: krulviper on December 07, 2017, 07:57:06 AM

i'm really feel it, i angry when i want to make transaction with bitcoin, my fee bigger than what i need. i think using eth willl be a good choice :3

No i don't agree with this idea because if we can see the price of bitcoin presently then the price of bitcoin touch 15k$ so if you are doing any transaction and the fee is 2$ then i think its negotiable fee for such a big transaction. while if you can do any transaction in other place then there are big fees as compare to bitcoin.

emberbekas

legendary

Activity: 1904

Merit: 1000

Quote from: krulviper on December 07, 2017, 07:57:06 AM

i'm really feel it, i angry when i want to make transaction with bitcoin, my fee bigger than what i need. i think using eth willl be a good choice :3

This is one reason why bitcoin will be hard to be accepted as a means of payment. People can buy goods at higher prices because of the fees they have to pay.

Prettyme

full member

Activity: 364

Merit: 100

Quote from: Nomteck on October 28, 2017, 07:32:17 PM

What the hell ?

Yeah right. As you can observe as bitcoin price grows the transaction fees getting higher also. I don't think so if I will be great with what bitcoin result or become sad. There is happiness that bitcoin will grow because you can gain a lot of profit but I feel sad because transaction fees is getting higher also and many greed people is always been motivated to scammed innocent people.

Memenya

member

Activity: 238

Merit: 10

The more bitcoin increase in price so more increase also the fee. I remember that.
I will feel the same too if i am you, sent small transaction with such kind of fee. Oh my god.

Rajatruck

member

Activity: 109

Merit: 10

main problem of bitcoin ...

jinksters09

member

Activity: 126

Merit: 16

Holy crap that is huge I mean talk about serving a high transaction fee. As the price goes higher you mean the higher transaction fee also gets talk about making a profit for themselves.

krulviper

full member

Activity: 354

Merit: 102

i'm really feel it, i angry when i want to make transaction with bitcoin, my fee bigger than what i need. i think using eth willl be a good choice :3

tanghere1

full member

Activity: 126

Merit: 100

It's a real bummer the small transactions will greatly affected by the huge fees. Bitcoin is almost $15,000 usd as of now, that is the reason why the transaction fee is so high.

Mr.grin

legendary

Activity: 1218

Merit: 1000

Quote from: kier010 on December 04, 2017, 04:30:48 AM

today fees gets higher as bitcoin value increase. better use altcoins for trading in other exchange site. well this is still business they want to earn too.

you are right. but this price increase keeps the altcoin price down too. for example occurs in eth. although the price in usd is not so down, but in the form of bitcoin, the price will go down.

Topic: Bitcoin fees make me angry - page 4. (Read 2375 times)