Transaction fees are a fee that spenders may include in any Bitcoin transaction.
The fee may be collected by the miner who includes the transaction in a block.
Topic: BTC transaction fees is going down. (Read 4241 times)
In the future, if the bitcoin transaction fee actually drops, this is a good deal for those who are waiting for the transaction in this year. And this is the opportunity to save a lot of fees and probably will trade repeatedly or continuously during this discount.
From last few days, btc transactions fees has been reduced remarkably. Even its transactions fees are now lower than bitcoin cash. It is really a great news for btc trader i think. How it can help the current market?? Share your logic please .
The bitcoin of the present is that there is a little called reduction but only a little, it is beneficial for the traders. About helping the market, I think more people will buy or trade more depending on the subject.
Of course this will be good news if the cost of bitcoin will be reduced, and of course this will be profitable for future transactions, hopefully it will be realized soon
Well this is good news, I think that with the transaction fees lowered down, more people would try to make transactions as much as possible with the fees lowered, and I think that a lot of people would take this as an advantage.
It should happen, because with the price of Bitcoin decreasing, the transaction costs should also decrease to adjust to the price at this time.
Well this is good news, I think that with the transaction fees lowered down, more people would try to make transactions as much as possible with the fees lowered, and I think that a lot of people would take this as an advantage.
Yes...indeed its a great news to bitcoin blockchain history. Though we still want it to get reduced to the minimum or the least fee. This is also what can propagate bitcoin
It will never be free of cost. Otherwise, miners wouldn't participate in the networks. Even with a lot of x digit numbers after 0, it can't be free
Of course, the price of the fee will never fall to zero, but some miners agree to push transactions with a minimal fee - it often happens that someone will make a mistake when entering the fee, then it is necessary help of miner to push this manually.
Minimal fee will give you choices on how to manage your profits and gains, It always happen to me that i accidentally entering the fee and it is necessary for me to adjust on my holdings , BTC transaction fee will be based on the holders itself I think because it will determine the price and value of it in the future.
Its a great news for all traders and it will attract more customer because it has a low transaction fees. We all know that bitcoin makers are facing this condition high fees but now its a great news to every one its a good sign that business is rising up.
I am very happy to hear bitcoin transaction fees will drop. maybe now many people will choose bitcoin as their place of investment. because some people choose etherium among the reasons the transaction costs are cheaper
From last few days, btc transactions fees has been reduced remarkably. Even its transactions fees are now lower than bitcoin cash. It is really a great news for btc trader i think. How it can help the current market?? Share your logic please .
Yeah I will really appreciate the fact it really gets to come down because the fees it's kinda annoying at times and which in turns scares some interest on people that wants to invest in.
hero member
Activity: 752
Merit: 500
Bcnex - The Ultimate Blockchain Trading Platform
Bitcoin transaction fees come to down many days ago! It was very high once, but now it is ok. I remembered when Bitcoin was used as a payment method in hype websites! For the high transaction fees bitcoin was removed, but this year, I haven't found any high transactions fee error! You posted in June, but I think you were too late to post it.
The creators of Bitcoin are faced with the important task of reducing transaction fees, otherwise there will be another currency with more favorable conditions.
Popularity of bitcoin is not just because if the amount (in this case how low) of the transaction fees. Actually, it is popular mainly because of the convenience it offers, That is why people are ready to pay premium in comparison to traditional payment options like banks payments.
I think its good btc reduced its transaction fees as this is surely going to promote and encourage more trade volume in the nearest future
Yes...indeed its a great news to bitcoin blockchain history. Though we still want it to get reduced to the minimum or the least fee. This is also what can propagate bitcoin
It will never be free of cost. Otherwise, miners wouldn't participate in the networks. Even with a lot of x digit numbers after 0, it can't be free
Of course, the price of the fee will never fall to zero, but some miners agree to push transactions with a minimal fee - it often happens that someone will make a mistake when entering the fee, then it is necessary help of miner to push this manually.
Yes...indeed its a great news to bitcoin blockchain history. Though we still want it to get reduced to the minimum or the least fee. This is also what can propagate bitcoin
It will never be free of cost. Otherwise, miners wouldn't participate in the networks. Even with a lot of x digit numbers after 0, it can't be free
As far as I know, the size of the commission for transactions with Bitcoin depends on the number of transactions in a given period of time and is not stable. So the reduction of the commission apparently occurred as a result of the decrease in bitcoin turnovers in the market, and this is not very good news.
Yes...indeed its a great news to bitcoin blockchain history. Though we still want it to get reduced to the minimum or the least fee. This is also what can propagate bitcoin
I think that if the price of bitcoin is expensive the fee of making transaction is very high and If the price of bitcoin is cheap the fee of making transaction is so small.
This is a good news. The high mining fees has been one of the negative part of Bitcoin and also the time it takes to complete a bitcoin transactions. If the fees has come down then one of the problems of bitcoin is solved hoping that it will be sustained.
Exactly, many are concerned with the high cost of bitcoin transactions, I believe it prevents individuals from conducting daily transactions at will, people wish to conduct business transactions with bitcoin on a daily basis, but the high cost of transaction mostly prevents them from undergoing such. Aside the high cost of transaction, we need bitcoin to be relatively stable.
The creators of Bitcoin are faced with the important task of reducing transaction fees, otherwise there will be another currency with more favorable conditions.
Jump to: