not too many transactions done and spam on the transaction in my opinion, if only it happened may be the fee will go back up, but now people are more save their money bitcoin in their wallet than to do transaction for something unnecessary
Topic: BTC transaction fees is going down. - page 17. (Read 4218 times)
This will help market development, attracting new investors. People will be more able to invest in bitcoin, as conditions become more favorable. An additional incentive to attract new users to the market.
Bitcoin prices are on the downward trend, so the BTC fee will follow that down with it,
High logging costs were a negative part of Bitcoin
High logging costs were a negative part of Bitcoin
Hopefully the transaction cost on bitcoin decreases. Because surely it will be profitable for us when doing transactions. This is really good news to me. This can help increase the number of transactions each day I think. If that happens there will be an increase in bitcoin
This does not imply that bitcoin abruptly wound up less expensive to utilize. On the off chance that the exchanges are accurately synchronized, this can be impermanent. This circumstance can most recent a few hours. The greater inquiry is the means by which this circumstance will develop later on. The individuals who have just had room schedule-wise to celebrate, to cheer not for long.
One problem is that when the transaction volume is bigger and the transaction speed is still the same, the bottleneck will occur.
Its good because that's one of the disadvantages of Bitcoin which is making people to move to another altcoins..
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 .
I think it is a good news for us that bitcoin transaction fees is going down because there is a user that don't have enough money to pay the transaction fees here in bitcoin. They said that transaction fee needs to reduce because the price on the market of every coin decrease also and I'm agree to it.
The transaction fee i think getting lower because of the current situation that the market dropped down. Well it's good specially for the traders.They can make more transaction if the transaction fees is lower. Because if the transaction fee for bitcoin is still high at the current situation that price in the market are dropped,i think many people will change to other coins and convert into dollar before making a withdrawal.
Transaction fee needs to reduce because the price on the market of every coin decrease also. It can make to refuse those want to invest to use the exchange that requires high fees and find something that cheap because the amount that can be lessen can used to save or add on the investment. This is a good news for bitcoin users, investors and the crypto community. It will help increase bitcoin users and build confidence in using it for payment processes. This is one of the development that's is needed to perfect bitcoin for general usage.
A trending news good those bitcoin haters will back and use bitcoin for good purposes.
that's good news. but what it means is the cost of the bitcon interaction down. if the continuous bitcoin price falls. until now . just the news that I wait 2 bitcoin and altcoin prices will soon improve. and his or her costs will come down.
Its good to hear. It is also a good thing on investment because it could give benefits on the users who initially trade bitcoin and other cryptocurrency to have a low cost trading for a greater profit.
One of the factors that discouraged people to invest on bitcoin is the fees but now, it already has a low fee that's why it would not be a problem anymore. One of the economist also said that it is better for bitcoin to have this low fee because it can help in the adoption as the people who wanted to send coins have lower fee than using the ordinary system which would be sending through banks or in remittance center.
If you want to know how much is the fee nowadays for bitcoin, you can just look at this site. https://bitcoinfees.earn.com/
The fastest and cheapest transaction fee is currently 102 satoshis/byte or in a median transaction you will spend around 22,000 satoshis or just a dollar.
Good news and in the right direction
This news will increase turnout on BTC
Albeit in a limited manner because of the big reasons
The high price of btc is not a course fee
Additional money must be injected into the market until conditions improve
This news will increase turnout on BTC
Albeit in a limited manner because of the big reasons
The high price of btc is not a course fee
Additional money must be injected into the market until conditions improve
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 .
I am using blockchain online wallet and always set fees less than 1 usd and the transactions are not too slow.But i think in the future, the fee might be lower.
Its good to hear. It is also a good thing on investment because it could give benefits on the users who initially trade bitcoin and other cryptocurrency to have a low cost trading for a greater profit.
Bitcoin price is low but the transaction fee does not change and high.No one can be interested to process their money because they could gain small income and less benefits.The fees should consider the price of bitcoin to know if it is afford not to be reduced during the time like this.We have to push to gain huge amount so it will be worth the fee every transaction.The other issue is the time taken to conclude any bitcoin transaction.This one is really taken a long time to complete.
Three major electronic money exchanges have decided to reduce the bitcoin fee to only half. Specifically, Binance, Bitfinex and Kraken have reduced their fees due to the benefits of the Segwit integration and the batching transaction. Currently, the fee for sending BTC is about 10 saotoshi per byte.
I believe that the transaction fee is directly proportional to the price of bitcoin at the time of transaction. I have observed that anytime bitcoin price decreases, the transaction fee also decreases and the opposite is also true.
It is a great news for all the bitcoin traders that bitcoin transition is going down but bitcoin price is not high now so i think low transition fees is not very helpful for me.But if the bitcoin price will high ,it will be good for us.
I have also heard this news. I am very happy to hear this good news. Even bitcoin can make transactions at no cost for a particular transaction. This will be the advantage and the special attraction of bitcoin so that more people who do transactions with bitcoin. This is one of the benefits offered bitcoin. Regardless of the number of our transactions through bitcoin then transaction costs also remain the same that is very low. Other than that we do not mess around with the taxes that hit our transactions and do not mess around with the financial services authority of a country.
Jump to: