BTC transaction fees fell. One reason for the decrease in transaction fees was the decrease in bitcoin trading volume. At a time when bitcoin peaked in December, reaching $ 20,000, the bitcoin fee has risen sharply - an average of $ 55 per transaction.
Topic: BTC transaction fees is going down. - page 18. (Read 4241 times)
Bitcoin transaction fees are very low, and this is the cheapest BTC transfer in the last 12 months. Based on a Twitter account, the Bitcoin transaction fee hit the lowest record today, with just one satoshi (the smallest unit of Bitcoin) per 1 byte for the next block. Specifically, the transaction today will be confirmed in just 10 minutes or less.
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.
Yes. The price is going down and it is required that based on the blockchain experience, the transaction is expected and has been reducing over time and basically so that bitcoin can gain its relevance
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 .
It is a good news to all of us and especially to the traders in the blockchain, it is usually the problem of the traders of having a transaction fees that are very expensive.
That would be good news, because if the high cost would only bother the owner of a small btc class. where their results should be cut at great cost, of course this condition makes all bitcoin users feel happy doing a transaction with bitcoin. And I hope also the cost goes down again to minimize the number of our transactions.
The market for cryptocurrencies is sluggish, and the sharp decline in transaction volume is the main reason for the decline in BTC transaction costs!
The popularity of SegWjt technology can also reduce transaction costs!
The popularity of SegWjt technology can also reduce transaction costs!
Will i think bitcoin make a balance on the price. Because people will be mad if the price is low and the transaction will still remain. Just like other exchanger they didnt still reduce there withdrawal fee.
What I have noticed with the issue of transactions fees is that it works with the price, take for example towards the end of last year 2017 the bitcoin transactions fees was very high and the price too was high bit in the early months of 2018 when the price of bitcoin came down below $10000 you see the transactions fees also dropped remarkably.
Hope this will happen because this is good news I'm glad to hear this news, maybe it's not just me who is happy but other users may also be happy with this good news.
It is too much important, decreasing the transaction fee means increasing the bitcoin usage. If the transaction fee will really reduce, it will make people able to start using bitcoin even for small item to purchase for example i was using bitcoin for mobile recharge but after increasing its transaction fee it was then not possible so i stopped it, but now if the price again reduce so much then i will once again give preference to start using bitcoin for my mobile recharge.
The price of bitcoin is super low at the moment, that is the main reason of why the entire blockchain is not congested anymore, that is one of the main reasons
I couldn't care less about the charges. In the event that that is the thing that it takes for me to exchange my Bitcoins, at that point so be it. I have been getting a ton of endowments from this creation. I can't request more. What's more, I see that the mentality of plenty of genuine Bitcoin supporters is this way.
The decrease in transaction costs is very helpful for the market because of the low transaction costs then traders will be more flexible again in trading. The market will be more active because many traders are more active to do trading. This will bring the market movement becomes more stable. If many market players then the supply and demand of the market are also more and more so that the market tends to approach normal. This is the long-awaited moment may come soon in order to improve the situation of this fluctuating market.
The BTC transaction cost has been going down because the network has becomes slightly faster and most of the junk transactions have been removed from the blockchain.Despite that, there is the Bitcoin improvement plan focused at improving the network capacity by way of scaling in other to increase the transaction speed would in turn reduce the transaction cost as the miners cost reduces due to improved network speed and stability.
I think Bitcoin will go down to 5K, maybe not for long, but it will be about 5K.
This, on the contrary, has a positive effect on Bitcoin's dominance in the cryptocurrency market.
With a decrease in the cost of Bitcoin's dominance grows, because investors are trying to enter the cheap Bitcoin, then belief in it is not lost.
This, on the contrary, has a positive effect on Bitcoin's dominance in the cryptocurrency market.
With a decrease in the cost of Bitcoin's dominance grows, because investors are trying to enter the cheap Bitcoin, then belief in it is not lost.
for normal users, this is really good news. There will be no Commission of $ 50, when transferring $ 40/ However, it will probably affect those who mine bitcoin. It'll hit their wallet. But it is an economy that must keep a balance between debit and credit.
i think this might because of the current crashing of crypto currency,
also if the transaction fee's are so high, they might not use bitcoin
instead use othercoins to transfer their tokens
also all the news circling around the community also have a big impact
on bitcoin, but i hope bitcoin will recover as soon as all the locks and bans are lifted
have faith un btc
also if the transaction fee's are so high, they might not use bitcoin
instead use othercoins to transfer their tokens
also all the news circling around the community also have a big impact
on bitcoin, but i hope bitcoin will recover as soon as all the locks and bans are lifted
have faith un btc
it may be due to the declining price of crypto, and indirectly lead to a decrease in the price of the fee, so with this situation, we can use it to buy a bit of Bitcoin as an investment in the future
Hope this will happen because this is good news I'm glad to hear this news, maybe it's not just me who is happy but other users may also be happy with this good news.
Wow this is good news and very good news. I am glad to hear this good news or good news like this. Hope this is the right news and hopefully this will happen. 
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