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Topic: Bitcoin sending fees... are you serious? - page 7. (Read 965 times)

member
Activity: 129
Merit: 11
Blockchain enthusiast
December 13, 2017, 01:19:20 PM
#2
I haven't sent btc in a while.  Back when i sent btc, fees were less than 50 cents.  Maybe 3 dollars?  I went and tried to send less than 30 dollars of btc... fees show up as 12 dollars on electrum and thats with the lowest possible fee where i make it send within 25 blocks.  Now if you want to send under 1 dollar, it cost 12 dollars.  When is this issue getting fixed?  Who in their right mind would send btc for small amounts when even the fee is that much?  Its like paying 12 dollars for something you want to buy that is 1 dollar?
Yes it's crazy right now. Bitcoin'popularity has just exploded which caused the fee also to rise when the price did. But when they implement Lightning transactions the fees will go down and the transaction speed up. Remember that it's still early in the blockchain technology.
full member
Activity: 1750
Merit: 186
December 13, 2017, 01:15:48 PM
#1
I haven't sent btc in a while.  Back when i sent btc, fees were less than 50 cents.  Maybe 3 dollars?  I went and tried to send less than 30 dollars of btc... fees show up as 12 dollars on electrum and thats with the lowest possible fee where i make it send within 25 blocks.  Now if you want to send under 1 dollar, it cost 12 dollars.  When is this issue getting fixed?  Who in their right mind would send btc for small amounts when even the fee is that much?  Its like paying 12 dollars for something you want to buy that is 1 dollar?
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