Topic: BTC transaction fees is going down. - page 2. (Read 4260 times)
The cost of a BTC transaction is reduced because the network is evolving, increasing the speed of all processes. Despite this, the Bitcoin improvement plan aims to improve network bandwidth by scaling up in other transaction speeds. Reducing the cost of transactions will positively affect the development of Bitcoin.
If that is true then that is a great news because the transaction fees of bitcoin used to be more expensive than i thought back then and back then, i was just using the altcoins to do transaction since it is faster and also it has a cheaper rate for the transaction fee which is the most important thing to me. I hope that bitcoin will keep improving itself.
Fewer transactions result in lower transaction fees, which ensures that users merge their bitcoin (BTC) into their SegWit account. Transactions from a SegWit benefit from lower transaction costs.
I sometimes do trading and I think that is really good news. Also, I think it will attract even more investors to bitcoin, as the high cost of the transaction is what pushed many away from bitcoin.
It is very important for bitcoin transaction fees to remain relatively low as it would surely encourage more people to use bitcoin as a payment option for making payments to merchants in exchanges of goods and services, If I found that I would need to incur a lot of transaction fees by using bitcoin to buy something online, I would usually use another alternative payment methods which are accepted by the online retailers.
Totally agree with that, unfortunately it keeps changing as well as the price. It can't be helped, that's how the system works. The funny thing is, alternative payments look like the main payment tool, because people use it more than using bitcoin. Most people do not pay attention the changes in transaction costs, they use alternatives directly.
thas good news..hopefully in the future we'll do away with exchanges ripping us off too (somehow)
This is the great news for cryptocurrency holders. Mostly bitcoin holders. When bitcoin transaction fee will reduse then investors will invest more. As result the price of bitcoin will rise.
Yes, indeed, prices for Bitcoin transactions are declining. Most likely this is more focused on the fact that the price of Bitcoin to rise and the transaction will be more. This will attract customers, you can say they will win due to the greater number of transactions, and the development of technology will help them in this.
This is very good news. That bitcoin transaction fee has reduced. But I think. That would be the biggest advantage of Bitcoin traders. Because Bitcoin traders only do the most transactions.
if we can see acceptable and adequate prices for transactions, then in the future this may contribute to the fact that Bitcoin will be massively accepted as a calculated currency and this news will be a massive influx of money into Bitcoin
It is very important for bitcoin transaction fees to remain relatively low as it would surely encourage more people to use bitcoin as a payment option for making payments to merchants in exchanges of goods and services, If I found that I would need to incur a lot of transaction fees by using bitcoin to buy something online, I would usually use another alternative payment methods which are accepted by the online retailers.
this is great news for traders, but also can be ascertained either high or low fees. Bitcoin will still be sought and bought by real traders. Because bitcoin has contributed very much to all groups, all is opened by bitcoin.
Definitely, Bitcoin transaction fees will go down especially when the market goes down with few transactions on the Block to be mined. Bitcoin is still young and there are definitely going to be developments in its Blockchain which will improve its transactions fees by a significant reduction.
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 .
Usually, bitcoin price will depends on the network of bitcoin itself. If there are many transactions being processed, then the fee will be more than normal.
Furthermore, if you measuring bitcoin fee in fiat currency, it will be depends on bitcoin price in the market currently.
I also notice that in the past I trade my coins to eth than Bitcoin before exchange it to my fiat because the transaction fee is much lower, but now after finding out that it's much cheaper now I returned to Bitcoin transactions I hope it stays that way for good so we can fast track merchants adoption of Bitcoin.
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 .
Yes it is a very good news to trader that fees are going down. Quite small amounts are now possible to trade. Before, I find difficult in choosing exchanger since fees are high , not a trusted exchanger , or the coin I am going to trade is not listed on it. I hope fess remain even though bitcoin rises or recover. Some exchangers also increase fees when bitcoin is high.
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 .
All the spam transactions are already been done. Those spam transactions was made by the competitor of Bitcoin who wants to overthrown him into first place. It is a good news to all of us and hopefully there will be a next fork where they can address the issue of high fee transaction. 
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 .
Did you know what was the reason for reduced bitcoin transactions fee ? I think if bitcoin fees stay cheap, peoples will prefer to using bitcoin than using fiat currency like money. To be massive adopted and used by peoples around the world, bitcoin need to improve its transaction speed and fees i think.
if the reduction in the price of a bitcoin transaction refers to the price of bitcoin, this is the moment for investors to buy lots of bitcoin, and this moment is waiting for traders to wait, I think there will be surprises in the next few months
It is a very good news! Transaction fees of bitcoin are extremely high and have to decrease
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