Topic: Fees problem - page 3. (Read 559 times)
not a wallet problem that becomes an obstacle. bitcoin transactions require a very high cost. Today, so many bicoin users feel overwhelmed
Transaction fees are a part of the system of bitcoin and i think this is how it gains profit for all of the support they need to keep the system running alive. But i guess they need to set a standard on how much fees will affect the rates of what we are sending.
Bitcoin transaction fees are too high that even Steam stopped supporting bitcoin as a payment. Do transactions using fiat money. Yes, bitcoin is better because transactions are anonymous but it is too pricey.
Transaction through other altcoins still offers that. Right now, its not suitable to use bitcoin for your daily transactions. It should be kept for a long term investment.
Bitcoin transaction fees are too high that even Steam stopped supporting bitcoin as a payment. Do transactions using fiat money. Yes, bitcoin is better because transactions are anonymous but it is too pricey.
Is it possible bitcoin will have low fee again in the near future?
Yes, there is a possibility that bitcoin will lower its fees in the near future. A technology enhancement called "light network" is being implemented right making the transaction faster. The reasons why there are high fees right now is because of the slow transaction process going on in bitcoin.
Is it possible bitcoin will have low fee again in the near future?
They are pretty high right now, the only thing that you could do is just try to use a segwit wallet, just as Ledger Nano, Trezor Wallet. Or just use an exchange who has segwit integrated, just like binance.
what do you mean about bitcoin transaction fee? this seems to have been a long story, I myself have not been able to find a solution to this problem. for now, I alone can only surrender to this state.
I think the bakers have taken over and the writing is on the wall to get out
because once again BTC is not living up to what it said on the box of having
"Virtual free transactions costs" and i will not be blackmailed by miners or
bankers.
No point having a car if the road does not work so I will be using Segwit2x to
move money because i cannot afford any fees over $1.00 never mind paying
$40 for a slow transaction speed.
What is wrong with fees?. it is much higher now. if you have any idea or a wallet that uses low fees i will be glad to hear about it. please share with me what you do with this silly problem.
Yes. It is crazy after you find out that you must pay more than $20 for a single transaction. I appreciate if anyone of you can share any solutions for this problem. Btw, I use Etherum and Litecoin now for transactions purpose.
that's how it is right now, there's nothing you can do except use some other wallet, like xapo. But yes, using some other coin can be a solution as well. Depends pretty much on the price... so yeah... nothing you can do about it except use some wallets like bitcoin core, armory, Mycelium Wallet,etc.. or use some other coin for transactions.
Yeah, it is the main problem right now it bitcoin. Its ever growing transaction fees. I don't think we can blame the miners, it was due to the congestion that the blockchain can't handle resulting to slower processing of transactions. Users tends to use higher transaction fees for faster confirmation of a transaction.
What is wrong with fees?. it is much higher now. if you have any idea or a wallet that uses low fees i will be glad to hear about it. please share with me what you do with this silly problem.
Yes. It is crazy after you find out that you must pay more than $20 for a single transaction. I appreciate if anyone of you can share any solutions for this problem. Btw, I use Etherum and Litecoin now for transactions purpose.
Try using nitrogensports wallet this is the current issue that bitcoin is facing right which is why one of the biggest online gaming stores namely steam stop using bitcoin as mode of payment in their games due to the high transaction fee it is requiring I mean the miner are requiring a higher fee for their services, would they even consider lowering their transaction fee.
what do you mean about bitcoin transaction fee? this seems to have been a long story, I myself have not been able to find a solution to this problem. for now, I alone can only surrender to this state.
What is wrong with fees?. it is much higher now. if you have any idea or a wallet that uses low fees i will be glad to hear about it. please share with me what you do with this silly problem.
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