Topic: bitcoin transation fee can be reduce??? - page 2. (Read 623 times)
Yeah i think bitcoin transaction fee must be reduced in the future. Peoples start to using bitcoin at beginning, one of their reasons is because they want to avoid high transaction fee in the bank or other fiat transaction. If the bitcoin transaction fee even much higher than fiat transaction fee, i think people will start to leave the bitcoin which is sad for bitcoin as the Father of Crypto.
i think bitcoin mining is become harder as long as the supply is decreasing, so the fee will be increasing too, correct me if i'm wrong
I agree that it is logical that the fee will increase, but how can ordinary users of bitcoin act? it becomes unprofitableLast few days i was anlysis some exchanger they double there bitcoin withdraw fee.So my question why bitcoin transaction fee increased and deley transaction? bitcoin another fork super bitcoin already came so bitcoin can be ruduce there fee ? 
That's the sad reality,bitcoin transactions became higher nowadays and there's a lot of normal transactions being stucked.Hopefully the transaction fee will be reduced and will also solve the delay of each transactions.Don't have the idea on the performance of super bitcoin yet,I still trust bitcoin and being hopeful to solve its weaknesses.
everybody hopes 
I agree, transactions are too slow and fee is too high((
I agree, transactions are too slow and fee is too high(( At the moment the bitcoin network is just overloaded, and the price of bitcoin is too great for standard commissions. Just wait until the Lightning Network.
Yeah sure it is and it will stay that way just so long as the miners can get away with ripping us off.
LN looks like lots of small banks to me but the debate is not over however it's a long way off
i think bitcoin mining is become harder as long as the supply is decreasing, so the fee will be increasing too, correct me if i'm wrong
As far as bitcoin is highly demanded and the network keep congestion, how do the network fees reduce? I don't think is now.
Last few days i was anlysis some exchanger they double there bitcoin withdraw fee.So my question why bitcoin transaction fee increased and deley transaction? bitcoin another fork super bitcoin already came so bitcoin can be ruduce there fee ?
The cost of bitcoin transaction depends on what wallet to use, there is a wallet provider who bear the transaction costs of its members such as Triv and some provide transaction fees to its members.
but in general the cost of bitcoin transactions ranges from: 0.0001 - 0.0005 BTC
For the purchase / sale cost of Triv there is a taker fee that ranges from 0.3% -3.5% based on the nominal purchase
I think so it may happen, if the investors demands to lower the cost for transaction or processing fees I think they will make some plans for it.
As a Bitcoiner I am looking forward to have a lower cost in this since it will be a great help for everybody.
Out there many people try make Bitcoin fee's lower. but it's hard the implementation since bitcoin's community not consist only few people, and make them all accept that change As a Bitcoiner I am looking forward to have a lower cost in this since it will be a great help for everybody.
Last few days i was anlysis some exchanger they double there bitcoin withdraw fee.So my question why bitcoin transaction fee increased and deley transaction? bitcoin another fork super bitcoin already came so bitcoin can be ruduce there fee ?
At present, the transfer fee of bitcoin is not reduced, because there is no new technology to change the current block congestion problem. 
I think so it may happen, if the investors demands to lower the cost for transaction or processing fees I think they will make some plans for it.
As a Bitcoiner I am looking forward to have a lower cost in this since it will be a great help for everybody.
As a Bitcoiner I am looking forward to have a lower cost in this since it will be a great help for everybody.
There are a lot of post here pertaining to Bitcoin transaction fees. I think the continues increase on demand which increases the its value is the main reason why transaction fees increases also. I dont think it can be reduced except someone will make some channel with a lower transaction fee.
They finally started confirming some. Down to 269k from 275k.
Lack of adaption of the Segwit is the problem since many people didn't care about the Segwit then I'm sure our only hope is the lightning network. The lightning network is already successfully tested on the Bitcoin testnet, and it is working great.
They will be reduced in a few months from now once that the lightning network gets released, otherwise, they are not going to be lowered. Well, maybe if the mempool gets back to normality again it can be reduced to the normal rate, aproximately 0.001 per transaction or so.
Yes they will release Zap next year is just like the we have a faster transaction a lightning network experience. with this bitcoin will pump more!! i hope those who have micropayments can reduce their fees
Probably the blockchain normal (1hr 
))) fee or localbitcoins wallets. People trying to pay half the fee, fk knows but mine's in there aswell.
))) fee or localbitcoins wallets. People trying to pay half the fee, fk knows but mine's in there aswell.
What is up with bunching up of transactions at the 450 Sat/B level? Is that a hard-coded fee on some platform?
Obviously that it can be reduced, but it works by offer/demand, it is the same as the stock markets.
The price of the fees are created by the people who wants to send payments.
if they decide to pay $1000 worth of fees, and another guy put $1010, the price will be climbing up.
The price of the fees are created by the people who wants to send payments.
if they decide to pay $1000 worth of fees, and another guy put $1010, the price will be climbing up.
dont agree. in almost all stock markets the fees are a fixed percentage!
BTC should have the same, no matter what price it is. The whole idea of bitcoin was to create a better system that the ones we have now, but at current state basically all btc functions are worse then our current systems.
Few days back i wanted to send 200 euro from blockchain.info to another wallet...costs where 110 euro! Fucking crazy.... hell, im not even sure if that is legal (not sure who to sue hehe but ok) i refused to pay that high of a fee, changed the fee, but now my funds are somewhere in heaven waiting to get confirmed (probably take weeks)... i can not cancel it, can not add the extra fee to speed things up... basically cant do anything...
Also im a merchant and have removed btc on all my sites as current fees are just too high....know lots of merchants (who never where really enthousiastic about btc) who have removed btc as well...nobody pays with it and if they do its way too much hassle to get it converted back to euros without loosing to much money.
Basically thats the whole problem with btc... still really zero percent of people use it in real life...volumes are gigantic now but its all speculation.... Im not being negative, but btc is far from a success if you look it from that point of view. And with current fees no normal people will ever going to use it..
Yah, i skimped on fees myself on the 18th, only paying 100sat/byte, and lost 10 times more then the fee during the droppage... wish i'd just have paid higher then and get it the fk over with instead of refreshing here for 4 days now. Got 2 more stuck with 460sat/byte since the 20th also.
Luckily paid the fkrs 1000sat and got most of my bulk out at 17k ) so not to bad other then waiting for this shit is brain damaging.
The bitcoin network is overloaded and it cant be helped. Maybe some people who have more than 1 Bitcoin are not really affected, but for me this is real crap. I have 23 euros and I can spend around 1 euro with normal fees, how crazy is that? I hope that thr Lightning Network will straighten this situation.
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