The fee's will improve over time, I believe
What do you mean by improvement? Going higher or Lower? I think improvement on out side is going lower because it will give us a lot of less on transaction fee and we can maximize our earnings. If it goes higher, our earnings will reduce because we need to pay a lot for transaction fee. I think when bitcoin price is high, the transaction fee is also high because no one will do a service on people that is having a big earnings while they are having a small earnings. 
Topic: Fees high - page 2. (Read 2626 times)
Fees are still high. I don’t think bitcoin is only for early miners who have a lot of bitcoins, and for rich people’s who have a lot of money they both can pay as High fees he wants. We have to focus on whole users wich don’t have *million of bitcoins and can’t handle such a high fees.
The btc transaction fees are not fixed, they only increase when the bitcoin network usage is really high, and the fees determine how fast you are going to get your btc transaction done, miners normally attend to transactions with higher fees first, because they consider them urgent, whilst the ones with lower fees will take some time to get processed, so if your not in need of your bitcoin urgently, then use a lower transaction fee, you can try using this site( https://bitaccelerate.com/) to help speed up your transaction from time to time.
The fee's will improve over time, I believe
The reason why bitcoin fees are high because there are many transactions ongoing on the blockchain. If fees are still high on bitcoin then why not try using other crypto. In the end all of them is all dependent on USD. If the fee is 10$ on bitcoin then look for other like doge, eth, or ltc where it's less than that.
As you can see, no. 1 is clearly over estimating the fees by over 300 times. That should be enough reason why this service shouldn't be used. It's crap.
Well.. their methodology is not inaccurate. They just calculate the median fee paid by all the users. They don't calculate the "optimal fee" which is required for quick confirmation. And at this point, the fee levels are high because the users are still paying such large fee despite the sharp decrease in the Mempool size. It is always better to review more than one fee-calculator, to know how much fee you actually need to pay.
On Fee estimators, let's compare:
1. https://bitcoinfees.earn.com/
2. https://mempool.space/
3. https://jochen-hoenicke.de/queue/#0,2h
(Screenshots are taken within a minute or two minutes apart.)
As you can see, no. 1 is clearly over estimating the fees by over 300 times. That should be enough reason why this service shouldn't be used. It's crap.
1. https://bitcoinfees.earn.com/
2. https://mempool.space/
3. https://jochen-hoenicke.de/queue/#0,2h
(Screenshots are taken within a minute or two minutes apart.)
As you can see, no. 1 is clearly over estimating the fees by over 300 times. That should be enough reason why this service shouldn't be used. It's crap.
It is really a pain in the pocket especially for us small time holders like us. This is the main reason many bitcoin holders are now using xrp and other altcoins so they can save transaction fees. I just wish the transaction fees could lessen a bit since it is really a pain in the pocket. There are many holders who are complaining nowadays except I guess for the big bag holders and the whales.
In the past few days, the mempool activity is not too tight. So right now, you can make a btc transaction go thru even at 5sat/byte. As compared to I think couple of weeks ago, the pending transactions were more than 100k. For small time holders, if you really want to transfer your coins from one exchange to another, use other alts like xrp or doge, to lessen the fees. I guess, a lot of traders are doing that. I even discovered that EOS is also good alternative, however, not all exchanges are having EOS in their trading pair.
i send a btc coin yesterday with a 6000 satoshi fee and arrived before the expected time . im not using an exchange and theres no option for me to convert my btc to other alts before i send them but thats okay as long as im not forced to pay over 10 dollar for the fee i can still wait a little longer for my transactions to be process using a small fee .
eos was a good coin and also popular , suppostedly almost every average exchange supports it . those that didnt support it can be a bad exchange.
The Mempool size has fallen, but the users continue to pay high fees.
Can't blame those people that are still paying high fee until now since there are certain services using a fee estimator and that forces them to pay a high fee.300 - 400 satoshi per byte. Can you tell me where you get the average fee, please.
I guess he got those numbers from this estimator. 
The Mempool size has fallen, but the users continue to pay high fees. The average fee right now is 300-400 Satoshis per Byte, which roughly translates to $5 to $10 per transaction. There is no need to pay this much fees, as the Mempool size has fallen to less than 1 MB. Just check some of the latest blocks, and most of them are not even using the maximum size limit.
300 - 400 satoshi per byte. Can you tell me where you get the average fee, please.https://jochen-hoenicke.de/queue/#1,2h
https://bitcoindata.science/plot-your-transaction-in-mempool.html (it displays 5 satoshi per byte will get your transaction in 1 block).
https://coinb.in/#fees
https://btc.com/stats/unconfirmed-tx
The Mempool size has fallen, but the users continue to pay high fees. The average fee right now is 300-400 Satoshis per Byte, which roughly translates to $5 to $10 per transaction. There is no need to pay this much fees, as the Mempool size has fallen to less than 1 MB. Just check some of the latest blocks, and most of them are not even using the maximum size limit.
It is really a pain in the pocket especially for us small time holders like us. This is the main reason many bitcoin holders are now using xrp and other altcoins so they can save transaction fees. I just wish the transaction fees could lessen a bit since it is really a pain in the pocket. There are many holders who are complaining nowadays except I guess for the big bag holders and the whales.
In the past few days, the mempool activity is not too tight. So right now, you can make a btc transaction go thru even at 5sat/byte. As compared to I think couple of weeks ago, the pending transactions were more than 100k. For small time holders, if you really want to transfer your coins from one exchange to another, use other alts like xrp or doge, to lessen the fees. I guess, a lot of traders are doing that. I even discovered that EOS is also good alternative, however, not all exchanges are having EOS in their trading pair.
No for me is not fine.. To be clear 95% of bitcoin users hodl and uses alts for cheap transactions, in a simple words people’s convert their fiat to bitcoin in order to make profit and then convert bitcoin* back to fiat, that the reason why people’s don’t complain about the high fees because they don’t use bitcoin, sounds hard but is the truth, I’m not complaining about Netflix cost because I don’t use Netflix, you don’t complain about high fees because you don’t use bitcoin or you have a lot of btc and you pay an fee amount, that’s goes for everyone wich refer me to use Alts instead bitcoin.. One more time, the fee per tx always must be 0.001$ your favourite dollar..
- Judge me.
Use altcoins mean that you accept risk of 51% attacks and if it happens on the chain you use to move your money you can lose your money in that transaction. It is bad.- Judge me.
Bitcoin chain is very good now and you can move your coin at 1 sat per byte and get confirmation in the next block. https://jochen-hoenicke.de/queue/#1,2h
I don't argue when bitcoin network is busy but in period like at the moment, bitcoin chain is the best chain to use for your transaction: safe and cheap.
You can save more fee by Segwit address to have a reduction in the size of transaction.
Fees typically rise every time the Bitcoin blockchain comes under heavy usage.
The market decides. If you think in terms of fiat money those fees look "high" but if you read them under a Bitcoin light they are fine.
On the long run fees need to sustain the network.
For everything else use dogecoin
No for me is not fine.. To be clear 95% of bitcoin users hodl and uses alts for cheap transactions, in a simple words people’s convert their fiat to bitcoin in order to make profit and then convert bitcoin* back to fiat, that the reason why people’s don’t complain about the high fees because they don’t use bitcoin, sounds hard but is the truth, I’m not complaining about Netflix cost because I don’t use Netflix, you don’t complain about high fees because you don’t use bitcoin or you have a lot of btc and you pay an fee amount, that’s goes for everyone wich refer me to use Alts instead bitcoin.. One more time, the fee per tx always must be 0.001$ your favourite dollar.. The market decides. If you think in terms of fiat money those fees look "high" but if you read them under a Bitcoin light they are fine.
On the long run fees need to sustain the network.
For everything else use dogecoin
- Judge me.
It is really a pain in the pocket especially for us small time holders like us. This is the main reason many bitcoin holders are now using xrp and other altcoins so they can save transaction fees. I just wish the transaction fees could lessen a bit since it is really a pain in the pocket. There are many holders who are complaining nowadays except I guess for the big bag holders and the whales.
I also admit the high fees for bitcoin transactions, but apart from that I also realize that the high price increase in bitcoin itself will at least make the fees go up. But I think we can still adjust how much fee we want to spend, because the higher the fee we spend, it will make our transactions faster and vice versa, we can still spend lower fees when we are willing to take longer transactions.
Who would wait for days before their transaction will confirmed, we got used to waiting only for minutes for our transaction to confirm, and now we are going to pay higher to make it possible. I made a transaction from our local exchange and it charge me $4 for a single transaction and it would okay if I'm transacting $1000 or more, but it's just a small amount like $50, so that charge is really huge for an amount.
I also admit the high fees for bitcoin transactions, but apart from that I also realize that the high price increase in bitcoin itself will at least make the fees go up. But I think we can still adjust how much fee we want to spend, because the higher the fee we spend, it will make our transactions faster and vice versa, we can still spend lower fees when we are willing to take longer transactions.
Fees are still high. I don’t think bitcoin is only for early miners who have a lot of bitcoins, and for rich people’s who have a lot of money they both can pay as High fees he wants. We have to focus on whole users wich don’t have *million of bitcoins and can’t handle such a high fees.
The increase in bitcoin sending fees is likely due to the higher bitcoin price and increased network usage. This is due to investors searching for alternative assets as the dollar has become less attractive due to its devaluation and inflation. As we can see, the network has become congested, as more people want to trade the currency as its price increases, so fees have risen to current levels.
Fees are still high. I don’t think bitcoin is only for early miners who have a lot of bitcoins, and for rich people’s who have a lot of money they both can pay as High fees he wants. We have to focus on whole users wich don’t have *million of bitcoins and can’t handle such a high fees.
I was about to make a transaction today, but surprisingly the transaction fee is too high unlike before. Though I can optimise the fee but I need an instant transaction which will cost me to much. So instead of making transaction I just trade it with XRP, which save me a lot of amount. Bitcoin is not for those who are in a hurry and want to spend large amount of transaction fee.
This can result in even more loss. Did you checked the exchange rates of XRP for the past few days? During the last one month, its price has declined from 2400 Sat to around 1750 Sat. And the trends indicate that it will go down even further during the next few weeks. So by attempting to reduce your fee, you are incurring even more loss. I understand that the transaction fee is very high. But we don't have a choice.
Fees are still high. I don’t think bitcoin is only for early miners who have a lot of bitcoins, and for rich people’s who have a lot of money they both can pay as High fees he wants. We have to focus on whole users wich don’t have *million of bitcoins and can’t handle such a high fees.
I was about to make a transaction today, but surprisingly the transaction fee is too high unlike before. Though I can optimise the fee but I need an instant transaction which will cost me to much. So instead of making transaction I just trade it with XRP, which save me a lot of amount. Bitcoin is not for those who are in a hurry and want to spend large amount of transaction fee.
Trade Secret: Lower your BTC transaction fees are simple: Just a while back when it was @1 Sat/byte or when blocks were not 100% full, transfer your btc from non bech32 to bech32 addresses.
For the same transaction fee paid You'll be around 2x or faster in times like now: Plan ahead, Use native segwit, and S.A.V.E!
Girl / Guy like us is pushing hard toward decentralized digital cash transactions, with it comes increased monetary velocity.
i.e., transaction of BTC from and to physical commodities (food, gold, silver) as well as local currency.
Take the fight to the street and make things happen! Always trade face to face and in person. This is how circulation of BTC should be done.
To institutional banker and deep state gubment spies:
sorry if mom and pop "main street" transaction are now causing you grief.
Remember folks:
1) not your private keys, not your BTC.
2) keep you private keys private.
3) avoid centralized exchanges and services.
4) only with the increased real world use and applications would BTC hold its value.
It was rather entertaining to watch newbies getting scammed by centralized web sites. Let those minipulative and greedy BTCer getting wrecked. Those of us planed ahead are now raking honest profit from our hard work.
For the same transaction fee paid You'll be around 2x or faster in times like now: Plan ahead, Use native segwit, and S.A.V.E!
Girl / Guy like us is pushing hard toward decentralized digital cash transactions, with it comes increased monetary velocity.
i.e., transaction of BTC from and to physical commodities (food, gold, silver) as well as local currency.
Take the fight to the street and make things happen! Always trade face to face and in person. This is how circulation of BTC should be done.
To institutional banker and deep state gubment spies:
sorry if mom and pop "main street" transaction are now causing you grief.
Remember folks:
1) not your private keys, not your BTC.
2) keep you private keys private.
3) avoid centralized exchanges and services.
4) only with the increased real world use and applications would BTC hold its value.
It was rather entertaining to watch newbies getting scammed by centralized web sites. Let those minipulative and greedy BTCer getting wrecked. Those of us planed ahead are now raking honest profit from our hard work.
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