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Topic: bitcoin transation fee can be reduce??? - page 4. (Read 623 times)

member
Activity: 104
Merit: 10
December 15, 2017, 04:09:20 AM
#11
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 ? Sad Sad Sad
super bitcoin fork is only altcoin supported by who spam bitcoin network now and make it overload.

yes fee is high but need to wait more and fee will down again
legendary
Activity: 1190
Merit: 1000
Look ARROUND!
December 15, 2017, 03:48:52 AM
#10
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 ? Sad Sad Sad
There's nothing that you can do if you are trying to send money within Bitcoin Exchanges.
The cheapest desktop wallet to use is Electrum or Multibit though.
member
Activity: 161
Merit: 10
December 15, 2017, 03:36:11 AM
#9
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 ? Sad Sad Sad
It increases depend on the network traffic, they put higher fee in trading platforms or any wallets to make sure that the transaction would not be delay. I miss the time where transaction fee is free and bitcoin transaction speed only takes seconds.
full member
Activity: 490
Merit: 106
December 15, 2017, 03:25:33 AM
#8
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 ? Sad Sad Sad
As transaction fees goes up of course some of exchanges will also increase their withdrawal fee, but exchanges that batch multiple withdrawals like poloniex fees, it will still be the same. Transaction fees increases every time the mempool is overloaded by unconfirmed transactions and this is why we experience delay especially if we pay low/medium fee because miners will prioritize confirming transactions that paid huge fees. I don't think hard fork will decrease the transaction fees instead it will be just another reason to increase the transaction fee because investors will buy more Bitcoin to receive more fork coins.
full member
Activity: 700
Merit: 110
Helios Protocol https://discord.gg/cpzAEMB
December 15, 2017, 03:16:08 AM
#7
The transaction fees are huge if you are doing small transactions by comparison, but if you are moving 1 Bitcoin or more at a time then the fees are very resaonable compared to any other form of traditional money transfer.
full member
Activity: 168
Merit: 100
December 15, 2017, 02:47:58 AM
#6
I dont think Bitcoin transaction fees will go down as of the moment. Because in my opinion, the price today is still increasing due to the increase in demand. As the demand increases, the transactions therefore also increaes. And so the price of the transaction fees increases. But if the Bitcoin market goes down, which we all hope it will not, then the transction fees will also go down. The idea of lowering down the transaction fees that time is to entice the people to buy Bitcoins again.
newbie
Activity: 210
Merit: 0
December 15, 2017, 02:47:49 AM
#5
Maybe there are chances that the price of Bitcoin transaction fee can be reduced right now bitcoin [Suspicious link removed]pletely overloaded with the low transaction and with the increase in mining difficulty the transaction fee can also increase.
full member
Activity: 382
Merit: 109
December 15, 2017, 02:44:52 AM
#4
Its very true, small industry will be effected greatly because of that fee but the solution of this is very unlikely as the fee is there at 0.0004 (mostly) which is about 7 bucks if the bitcoin price get double and in-case fee remain same so the same amount of fee will be 14 bucks which is crazy.

Yes many website increase their transation fees.In Coinbase ,the transation fees is 0.0008 and it's very high fee for my payment.I will get only 0.004 btc as payment of that 0.0008 as transation fee means,I will get 0.0032 btc to sell and get very low value as dollar.This high transation fee affect the people like my rank or lower than my rank.
full member
Activity: 337
Merit: 102
December 15, 2017, 02:38:29 AM
#3
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.
legendary
Activity: 1106
Merit: 1000
December 15, 2017, 02:30:29 AM
#2
Its very true, small industry will be effected greatly because of that fee but the solution of this is very unlikely as the fee is there at 0.0004 (mostly) which is about 7 bucks if the bitcoin price get double and in-case fee remain same so the same amount of fee will be 14 bucks which is crazy.
sr. member
Activity: 826
Merit: 250
Bitgesell (BGL) Decentralized Cryptocurrency!
December 15, 2017, 02:19:22 AM
#1
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 ? Sad Sad Sad
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