Fees are too low. 20sat/b is ridiculous.
People are not interested in price behind a bit. They are interested in the end result. To pay $ 3 for any translation is not a small sum when it comes to small transfers. It makes people to do large transfers to a Bank card and make small purchases with national currency. Do you think this is good for bitcoin? 
Topic: Bitcoin huge fees - page 4. (Read 2457 times)
Fees are high because of traffic and priority on blockchain network,fees makes miners and bitcoins itself alive for years so dont worry about the fees and just support the bitcoin technology
Fees are too low. 20sat/b is ridiculous.
Fees are too high for normal transactions, today you have to pay around 1.5 USD to get your transaction included in the first block. Bitcoin scalability should be improved, something like Lighning network is needed to create sidechains - Ethereum is heading to a soft fork of Plasma, which will basically allow to scale it, Bitcoin should not lag behind, too. 
There is no free lunch. Wake up. Sending money costs money. What do you think this is? The future?
Yes, but - WAKE UP - if me sending $5 costs $10 then this whole thing is getting absolutely ridiculous!
I thought the $3 fee was quite laughable, but today Jaxx was asking $10 to send $5 so I guess I'm done with BTC. Better leave this to the guys for whom $10,000 is pocket money not wroth picking up if it falls from their pocket.
Bitcoin Cash is your friend. Go use that one. It works like the real Bitcoin, because it is actually the original Satoshi Bitcoin. Not this bullshit $10 bank charge just to make one transaction. Money Wire fees are only $50.
There is only one problem.
If you want to buy the same stuff with altcash, you simply can't.
There is one coin that is used for 99% percent of the world of crypto and that is BTC
Altcash is cheap because they have less than 100 tx per block on average.
Let's see what happens when they reach their limit also. As they have nowhere to go from that.
And look how cheap is to spam a block:
https://bitinfocharts.com/bitcoin%20cash/block/484206/000000000000000006ccaf76879092c8ebb351bd765abbd7de7b3c8f31c2d4e2
60$ to fill a 2M block
Fees have nothing to do with the transaction amount. You can specify whatever fee you'd like. A lower fee have higher confirmation time. I like using https://bitcoinfees.21.co/ to check what fee I want to use. Great tool.
I think that's a natural thing because now the volume of bitcoin transactions per day also increased rapidly. so they will charge a larger fee for maintenance fees.
now i make a transction For 9$ i pay 3$ fee in blockchain.info
shapeshift charged me to change 20$ from ethereum to bitcoin 10$. 50% commision ! nasty greedy company.
the fees in bitcoin are way higher than banks
The fees is damn high and I dont know how much time it will take for this to get solved and how long the dev team will take to answer people's queries ,correct me if i am wrong. I dont know whether or not this will cause bitcoin to go down, or turn towards ethereum instead of bitcoin,but most probably before things get worse this should be solved. shapeshift charged me to change 20$ from ethereum to bitcoin 10$. 50% commision ! nasty greedy company.
the fees in bitcoin are way higher than banks
Stop complaining, just send larger valued transactions to take advantage of the platform. Instead of transmitting 10$ transactions, transmit 10,000$ transactions like everybody else on the [Suspicious link removed]e on, get with the program!
Most complaining about the large fees every transactions. This happen transactions fees become expensive because of the bitcoin value is rising. But some said and hope it would be corrected. Well, let's see and hope then.Yes, I think the large fees are very important to discuss. You've said this happen because the bitcoin value is rising, but What I know, if more people in the world are using bitcoin, the price will be more expensive but the transaction fee are become cheap, because there's a lot of transaction will happen. am I wrong?
Yes bitcoin transaction fees are are compared to low transaction but you you sending big amount then transaction fee is ok compared to bank. And now days more than the digital money btc is becoming a good valuable digital assets so transaction fee is ok in my opinion.
While you are right, what sort of consolation should I find in millionaires sending money cheaper? I'm not moving massive amounts of money, so percentage wise the fees are atrocious for me. If you're moving large amounts then the fee being $10 or $50 becomes a worthless debate in the first place.
Yes bitcoin transaction fees are are compared to low transaction but you you sending big amount then transaction fee is ok compared to bank. And now days more than the digital money btc is becoming a good valuable digital assets so transaction fee is ok in my opinion.
Bitcoin Cash is your friend. Go use that one. It works like the real Bitcoin, because it is actually the original Satoshi Bitcoin. Not this bullshit $10 bank charge just to make one transaction. Money Wire fees are only $50.
Sad to hear all this. I have remained loyal to Bitcoin till now. Even when Bitcoin Cash was introduced, I supported Bitcoin and till now I haven't claimed by BCH coins. But the core is continuing to ignore the scaling issues. No permanent solution is in sight and my confidence in Bitcoin is waning.
now i make a transction For 9$ i pay 3$ fee in blockchain.info
shapeshift charged me to change 20$ from ethereum to bitcoin 10$. 50% commision ! nasty greedy company.
the fees in bitcoin are way higher than banks
Yea the huge fees of transaction bitcoins is big problem from couples years ago until today even the activation of segwit on bitcoins network had done, this problem still can not be fixed, the best solution of this problem now never use bitcoins for small number of transactions and let's wait for the activation of segwit2x. Maybe it is really help. shapeshift charged me to change 20$ from ethereum to bitcoin 10$. 50% commision ! nasty greedy company.
the fees in bitcoin are way higher than banks
There is no free lunch. Wake up. Sending money costs money. What do you think this is? The future?
Yes, but - WAKE UP - if me sending $5 costs $10 then this whole thing is getting absolutely ridiculous!
I thought the $3 fee was quite laughable, but today Jaxx was asking $10 to send $5 so I guess I'm done with BTC. Better leave this to the guys for whom $10,000 is pocket money not wroth picking up if it falls from their pocket.
Bitcoin Cash is your friend. Go use that one. It works like the real Bitcoin, because it is actually the original Satoshi Bitcoin. Not this bullshit $10 bank charge just to make one transaction. Money Wire fees are only $50.
Have noticed this also but personally I think the price of fees only corresponds the increasing price of bitcoin. I have thought about it as I'm not part of those in past years transacting in Blockchain but there is big possibility this just my opinion. But still I'm hoping it would be lesser for us to enjoy the fruit of our hard work. I'll be sending an email if available to wallet who have high fees. That I may encounter soon..
now i make a transction For 9$ i pay 3$ fee in blockchain.info
shapeshift charged me to change 20$ from ethereum to bitcoin 10$. 50% commision ! nasty greedy company.
the fees in bitcoin are way higher than banks
shapeshift charged me to change 20$ from ethereum to bitcoin 10$. 50% commision ! nasty greedy company.
the fees in bitcoin are way higher than banks
First of all it is not Blockchain.info's or Shapeshift's fault. Someone has started flooding the mempool again and it is creating a backlog of unconfirmed transactions. The side effect is some users are paying higher fees to get their transactions first in line to be included in the block. This creates a "fee competition" between users.
Fees should start to go lower now that the mempool back log is under 10,000 unconfirmed transactions.
https://blockchain.info/charts/mempool-count
It's funny if you read a little bit older information about Bitcoin. It was going to help the poor bay allowing them to live without needing a bank.
It was going to be the solution to online micropayments and tipping. People wanted to use bitcoin for everything from Amazon to eBay to buying a pizza.
Now a couple of years later, those dreams are at least on hold. Who is buying a $10 pizza and paying $13.50 for it with fees? Micropayments just aren't feasible, tipping too.
The same people who would have been saying that Bitcoin is a great idea for the avove mentioned reasons, now will tell you that you don't need bitcoin for all that nonsense, Bitcoin is digital gold and meant to be stored...
I hope segwit and the lightning network stuff works and gets fees back down to very low levels, digital gold isn't what Bitcoin is meant to be in my opinion, it opens up the market to a coin that can be used as a currency.
It was going to be the solution to online micropayments and tipping. People wanted to use bitcoin for everything from Amazon to eBay to buying a pizza.
Now a couple of years later, those dreams are at least on hold. Who is buying a $10 pizza and paying $13.50 for it with fees? Micropayments just aren't feasible, tipping too.
The same people who would have been saying that Bitcoin is a great idea for the avove mentioned reasons, now will tell you that you don't need bitcoin for all that nonsense, Bitcoin is digital gold and meant to be stored...
I hope segwit and the lightning network stuff works and gets fees back down to very low levels, digital gold isn't what Bitcoin is meant to be in my opinion, it opens up the market to a coin that can be used as a currency.
now i make a transction For 9$ i pay 3$ fee in blockchain.info
shapeshift charged me to change 20$ from ethereum to bitcoin 10$. 50% commision ! nasty greedy company.
the fees in bitcoin are way higher than banks
shapeshift charged me to change 20$ from ethereum to bitcoin 10$. 50% commision ! nasty greedy company.
the fees in bitcoin are way higher than banks
The fee has nothing to do with the amount sent, which in this example is 9$. If you sent a huge transaction, it probably would also be around the same price. This is one of the reasons why bitcoin is not that good nowadays for smaller transactions which are under 100.
Segwit2x should fix some of the issues and it is coming soon so just sit tight and wait for that to occur before you make any smaller transactions. With the increasing price, transactions are getting more and more expensive.
Bitcoin transaction fees are certainly getting quite expensive for some users that wish to send money to each other at an affordable rates, maybe it is time to store bitcoin in wallets until the miner fees gets lower, for the time being, I am using altcoins for payment as the transaction fees is lower and waiting time for confirmation is much faster too.
When the bitcoin value is rising the transaction fees is also expensive. Yes, maybe it is best to store your btc at all and do some transactions when the fees become lower. Well, I just hope this would be corrected soon. But the problem with this is most people need to use it for low volume transactions. Fees right now are upwards of 5% on small amounts under $100. This is simply unacceptable... needs to get fixed asap!
Core's vision for Bitcoin does not include a fix. Not ASAP, not ever. It was intended that the fees be very high. That is called a 'fee market'. Didn't you understand all the anti-Core writing before the SegWit change? Bitcoin Cash is for very low fees and no delays. Bitcoin Core is for settlement transactions related to the proprietary Lightning Network. Get ready to pay fees to Blockstream company owned by AXA. They are your new bank!!
Everyone thought the activation of SegWit will be the magic solution to all our scaling problems, but they were wrong.
Not 'everyone' - Only the idiots that don't understand the network thought that. We knew a very long time ago that SegWit does almost nothing for capacity. SegWit only sets up the network so that Blockstream can privatize the 'off chain' portion and charge you banking fees on that. Jump to: