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Topic: BTC transaction fees is going down. - page 19. (Read 4241 times)

newbie
Activity: 44
Merit: 0
June 29, 2018, 12:40:34 PM
More usage I guess? More people will transfer BTC instead of converting it to LTC or Doge to transfer to another exchange? Maybe.
full member
Activity: 295
Merit: 104
June 29, 2018, 12:36:28 PM
I think this is all fair, because with the current BTC price is so low proportional to the cost of the transaction. Maybe if bitcoin price rises again the transaction costs will rise as well. It's my logical mind about bitcoin prices with transaction costs. But better and more comfortable if the high bitcoin price back and transaction costs are also equal to greater security guaranteed quality without the internet wallet hacker.
full member
Activity: 420
Merit: 100
June 29, 2018, 12:34:10 PM
I hope it helps the market to grow finally. Also, high transaction fees were kind of a problem in my opinion, it’s good that now they are lowering.
newbie
Activity: 41
Merit: 0
June 29, 2018, 12:32:25 PM
Since last few days i have seen that the rate of btc transaction fees has gone down i think that it is a good news for traders who deals in btc.
newbie
Activity: 139
Merit: 0
June 29, 2018, 12:28:17 PM
Yes, High transaction fees are what traders often complain about. and with those moves. Linking the exchanges at a low and consistent charge will generate popularity for bitcoins. along with the price at the current 6k. That is the point that I believe the market will recover in Q3.
jr. member
Activity: 146
Merit: 3
June 29, 2018, 12:23:00 PM
It's been couple of weeks bitcoin integrated Lighting network, probably 20% of its network, that's why we see a low fee such as $0.04 per transaction. when 100% implements happens, bitcoin will be loved by everyone again.
sr. member
Activity: 600
Merit: 250
June 29, 2018, 12:12:40 PM
The cost of bitcoin transaction down is good news and great fun, especially against people who are active in doing bitcoin transactions. With the decline in transaction costs bitcoin allows the increase in turnover of the number of bitcoin transactions. But for me that awaited many people is not the decrease of bitcoin transaction costs, but they are waiting for the rising bitcoin price. I am also loyal today waiting for news of the rise in bitcoin prices, and hopes that in the near future there will be a bitcoin price increase that will revive the spirit of bitcoin investing and build higher confidence in bitcoin, so bitcoin will become more popular, trustworthy and liked many people who want to invest in it.
member
Activity: 294
Merit: 10
June 29, 2018, 12:10:16 PM
I am happy to see news like this, this is good news and very good. This is very profitable for traders and I hope it helps the market will grow. Hopefully this will really happen and there is no lie.  Smiley
full member
Activity: 281
Merit: 100
June 29, 2018, 12:01:50 PM
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 seems to me that if the price for transactions has decreased, it is good for those who trade and constantly withdraw or transfer bitcoin. However, for miners, this news upset. They now once again began to earn less when mining bitcoins.
newbie
Activity: 126
Merit: 0
June 29, 2018, 11:35:08 AM
It is a big relief been using very low fees for my transactions, so am able to sell very little quantity of bitcoin without feeling the pain of a high fee. This I believe is expected to go lower and confirmation time will become faster.
full member
Activity: 546
Merit: 122
June 29, 2018, 11:33:08 AM
The lower number of transactions certainly helps to lower fees, the adoption of Segwit as well. I remember that at the beginning of the year I paid 150k satoshis for a transaction, and a few days ago I paid 44 satoshis for a transaction, both took little more than 10 minutes to be confirmed, I hope we never have these absurd fees anymore.
newbie
Activity: 75
Merit: 0
June 29, 2018, 11:25:43 AM
Probably the transaction cost goes down because there are too few people who make the transaction so they are suspecting the transaction fee may be that the cost of the transaction is down
full member
Activity: 324
Merit: 100
June 29, 2018, 11:16:42 AM
I think its good because common people if start using bitcoin for transfers they will see that fees are super low and its more convenient than to use bank, but many people remember December 50-100$ fee and think bitcoin is shit. Hope they will change their opinion.
full member
Activity: 406
Merit: 100
June 29, 2018, 11:14:21 AM
Yes this is good news. High mining costs have become one of the negative parts of Bitcoin as well as the time it takes for Bitcoin transactions. This is part of cost reduction for BTC merchants, I think there are now too many places for BTC and Altcoin transactions, so this cost should be reduced so that everyone involved in the deal, where there are big deals. That is my personal opinion, but I hope in the future the transaction price will fall to the lowest possible level.
member
Activity: 392
Merit: 10
June 25, 2018, 09:21:52 PM
Due to low value thats why fees decreawes too but expect hihg again once pump starts thats what i noticed..  If bitcoin fees really decreases even it high value that would be goodnews.. What i want on bitcoin is to have faster transaction thats worth our fees.
newbie
Activity: 58
Merit: 0
June 25, 2018, 09:10:57 PM
bitcoin transactions have declined in recent times, triggered by the decline in bitcoin prices to very low levels,and the market can work with advertising to further promote the coin market.
hero member
Activity: 1246
Merit: 529
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June 25, 2018, 06:47:42 AM
Be of the main complaint about bitcoin is its high transaction fees. If bitcoin really reduce its transaction fee then it will be really a very good news.

I guess for some people cost of transaction fee is very important, because they lose own money. The important thing for near development of Bitcoin.

The fees are already way down from it's unacceptable rate late last year, probably due to activation of segwit and ln and with the decline of btc's value itself. And it's not only important for some people since bitcoin was meant to be a cheaper, quicker and a generally better alternative for doing transactions
full member
Activity: 616
Merit: 100
June 24, 2018, 07:43:13 PM
if the fees of bitcoin are going down its mean that the transaction in bitcoin is low and lower than usual. and I think it has a positive effect and negative effect, the positive is we can send bitcoin with low fee. the negative is where is all transaction? why do they not send the bitcoin as usual? is the price of bitcoin will go down more and more because of this situation?
newbie
Activity: 112
Merit: 0
June 24, 2018, 07:34:08 PM
High transaction fees has been a major problem as far as bitcoin is concerned.Hopefully, these transaction costs will not rise again so the market can stay active.
member
Activity: 179
Merit: 10
June 24, 2018, 04:46:11 PM
Be of the main complaint about bitcoin is its high transaction fees. If bitcoin really reduce its transaction fee then it will be really a very good news.

I guess for some people cost of transaction fee is very important, because they lose own money. The important thing for near development of Bitcoin.
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