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Topic: BTC transaction fees is going down. - page 3. (Read 4218 times)

sr. member
Activity: 672
Merit: 250
October 07, 2018, 07:15:34 PM
This is great for investors. It is for the number of investors to bitcoin more. The bitcoin market will be vibrant. It increases the amount of bitcoin mines.
member
Activity: 186
Merit: 10
October 07, 2018, 02:14:10 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 .
Certainly that it was a legitimate best part about it for the reason that people today will likely not criticize at this moment because of the great rate. Ever since the contract rate appeared to be lower There's no doubt that people today will not be frightened in making an extra contract so that you can some others primarily potential traders. Plus we do think they would make a contract extra speedier plus economical.
member
Activity: 616
Merit: 10
October 07, 2018, 01:55:42 PM
When the bitcoin price is very high the transaction fee of the bitcoin is very high . But when the price decrease the fee also decrease and this is good. But I hope once the price of the bitcoin increase again the fee will be the same like today and will down more the fee to save more us bitcoin.
transaction costs are currently down due to the very weak market price of bitcoin and I have also experienced transactions at this time the cost is very low
Bitcoin transaction costs decrease, there must be many factors must be the decline in market prices and lack of buyers

Maybe thats becouse development team make some updates in bitcoin code!
sr. member
Activity: 826
Merit: 250
October 07, 2018, 01:13:45 PM
When the bitcoin price is very high the transaction fee of the bitcoin is very high . But when the price decrease the fee also decrease and this is good. But I hope once the price of the bitcoin increase again the fee will be the same like today and will down more the fee to save more us bitcoin.
transaction costs are currently down due to the very weak market price of bitcoin and I have also experienced transactions at this time the cost is very low
Bitcoin transaction costs decrease, there must be many factors must be the decline in market prices and lack of buyers
newbie
Activity: 1022
Merit: 0
October 07, 2018, 01:01:59 PM
Particularly, when btc transection fees has reduced, the transection gets higher. It is remarkable that btc transection has been reduced drastically. Actually it is good news
sr. member
Activity: 677
Merit: 250
October 07, 2018, 11:52:07 AM
this provides a good thing for many people if the BTC fee can go down, because usually low-cost BTC owners will be able to use and sell their BTC so that the BTC can be touched by many people.
member
Activity: 240
Merit: 11
Be Positive Always!
October 07, 2018, 11:34:27 AM
We all know bitcoin price are falling down then so with the transaction cost. The fees might go down but the transaction time still not very good cause the time of transaction still very long. Bitcoin still need to improve more in their transaction and I hope this will be fix soon.
full member
Activity: 355
Merit: 102
October 07, 2018, 11:28:49 AM
When the bitcoin price is very high the transaction fee of the bitcoin is very high . But when the price decrease the fee also decrease and this is good. But I hope once the price of the bitcoin increase again the fee will be the same like today and will down more the fee to save more us bitcoin.
transaction costs are currently down due to the very weak market price of bitcoin and I have also experienced transactions at this time the cost is very low
newbie
Activity: 60
Merit: 0
October 07, 2018, 11:18:52 AM
Well is it sustainable. That is the big question here when it comes to how xsaction fee affects blockchain user
member
Activity: 350
Merit: 11
October 07, 2018, 09:50:30 AM
Hi, I think this is good news for those who trade bitcoins. If you are lower commission, then there will be more trade.


it will be good news for everyone, especially the market, it means that market trading will increase, especially those who sell will get more profit, because with reduced transaction costs than before automatically, the transaction costs should now be entered into the pocket.
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
October 07, 2018, 09:42:52 AM
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 this is usual thing because the main reason is that market of the Cryptocurrency is not facing any type of big movement that why people have money at Thier that place where they invested already .
Now you can see that here people are waiting for the pump in the Cryptocurrency market , and few those who are buyer/seller trader are making these transactions to make small earnings .
So here we can see that due to down in the crowd of the people who makes transaction , transaction with lower fees are getting easily entering in confirmation block .
Well here if you're are facing any type of problem of the fee in the Bitcoin transaction then you should go with the Bitcoin segwit wallet , because Bitcoin segwit wallet is much better option for us to make transaction with lower fees and faster confirmation ( this is official wallet which improved version of Bitcoin technology to make transaction ) .
full member
Activity: 668
Merit: 100
DogData
October 07, 2018, 09:16:36 AM
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 for those who do buying and selling, I think this is good news for them. but sometimes this kind of thing also has the risk, that is, there are certainly many people who want a BTC with a low price.
member
Activity: 112
Merit: 10
October 07, 2018, 09:03:54 AM
Obviously, it's extremely favorable news for BTC traders by reducing fees for past few days. I ponder specially it will boost bitcoin investors as well as none investors too. Therefore they become much interested to get into this btc market. In my point of view decreasing fees of btc its market can be more effective for btc traders at the same time, it will expand this digital market undoubtedly.
member
Activity: 546
Merit: 21
October 07, 2018, 08:54:01 AM
Good ,I remember last bull run when bitcoin hits 20k it became so annoying with the high fee for sending transaction ,if this is fix then it will makes bitcoin more better choice for investment, I'm hoping for the best.
hero member
Activity: 2660
Merit: 551
October 07, 2018, 08:09:08 AM
When the bitcoin price is very high the transaction fee of the bitcoin is very high . But when the price decrease the fee also decrease and this is good. But I hope once the price of the bitcoin increase again the fee will be the same like today and will down more the fee to save more us bitcoin.
Most likely, with an increase in the price of bitcoin, the price of the transaction will also increase. Although a lot will depend on the demand for bitcoin, because the more people want to buy / sell it, the longer will be the turn of the transaction and the higher its cost will rise.

We have seen that in December of last year, when the price is high, transaction fees increases. But I wanted to see how it going to affect us since majority is already using Segwit enabled wallet. Fees should be down but we can only have this theory unless we tested it again when bitcoin goes on another bull run and new all-time-high.
full member
Activity: 518
Merit: 100
October 07, 2018, 08:03:37 AM
When the bitcoin price is very high the transaction fee of the bitcoin is very high . But when the price decrease the fee also decrease and this is good. But I hope once the price of the bitcoin increase again the fee will be the same like today and will down more the fee to save more us bitcoin.
Most likely, with an increase in the price of bitcoin, the price of the transaction will also increase. Although a lot will depend on the demand for bitcoin, because the more people want to buy / sell it, the longer will be the turn of the transaction and the higher its cost will rise.
full member
Activity: 756
Merit: 112
October 07, 2018, 07:59:21 AM
i haven't transfered so long time that's why i don't know, but what you think? The best way of keeping BTC in wallet or reliable exchanges? Cold storage is the best but i am looking for something more easier?

It is more reliable to use hardware wallets. But if you don't have enough funds for it, still the best way to keep funds is through a paper wallet.

Use mobile phone applications if you want easier access.
sr. member
Activity: 1624
Merit: 267
October 07, 2018, 07:55:45 AM
When the bitcoin price is very high the transaction fee of the bitcoin is very high . But when the price decrease the fee also decrease and this is good. But I hope once the price of the bitcoin increase again the fee will be the same like today and will down more the fee to save more us bitcoin.
jr. member
Activity: 532
Merit: 5
October 07, 2018, 07:52:46 AM
i haven't transfered so long time that's why i don't know, but what you think? The best way of keeping BTC in wallet or reliable exchanges? Cold storage is the best but i am looking for something more easier?
full member
Activity: 1890
Merit: 101
October 07, 2018, 07:46:23 AM
I think what causes the fee down is when buying and selling transactions are not crowded, so the traffic on the Bitcoin Blockchain it doesn't get stuck (cause of high fees). I don't feel this is a good thing, but hopefully, it's not what I think, and this cheap fee attracts investors to buy Bitcoin, CMIIW  Grin
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