Topic: future bitcoin transaction fees - page 2. (Read 1705 times)
It will not make the transaction bitcoin slower, or at a large charge, will not make the transaction bitcoin faster. In the future, bitcoin transaction costs will continue to be adjusted along with the growth and development of cryptographic transactions. Very high transaction costs need to be reduced. But it seems the transaction fee is only for the rich.
Currently the cost of bitcoin transactions is very cheap due to the relatively small amount of transactions, moving 48,000 bits per 4 cents, very cheap compared to December 2017 at some time up to $ 50 due to too many transactions at that time. . However, when the market recovers, there will be many transactions to be made and then whether technologies such as Segwit or Lightning network will help bitcoin trading faster and transaction costs do not become expensive. or not?
It depends on how much Bitcoin will cost in the future. If we are talking about $100k, then obviously we are looking at $500-$1000 as a fee per transaction and again on the other hand we have many emerging crypto that does not consume a lot in transaction fees, a good example would be $NANO (no transaction fee at all).
Currently the cost of bitcoin transactions is very cheap due to the relatively small amount of transactions, moving 48,000 bits per 4 cents, very cheap compared to December 2017 at some time up to $ 50 due to too many transactions at that time. . However, when the market recovers, there will be many transactions to be made and then whether technologies such as Segwit or Lightning network will help bitcoin trading faster and transaction costs do not become expensive. or not?
Yes it is lower if you compare with December 2017 fee because bitcoin price was at the highest point, causing the fee high too.
Bitcoin is the most popular cryptocurrency in the world, if the transaction cost reduced, and the speed increased, then it will be a global currency surely.
I would like to reduce the transaction fee in the future, you understand it is expected of everyone
Bitcoin transactions fee is the charge taken by different miner to complete an transaction. In current time its transactions fee is higher than before and this is because of its increase users number and less block size. Block size of bitcoin mainly influence the transaction fee. Small block creat transaction traffic and this thing ultimately increases the transaction fee. Block size varies according to the miner set up. I think in future bitcoin will be increase its block size due t heavy transaction load in its network and this thing help to reduce bitcoin transactions fee.
Bitcoin is one of the best crypto currency. it's have more ability to change our economy environment. Bitcoin transaction cost now high. but I think, in future more people, more country will acceptable Bitcoin and everyone will using Bitcoin. then its transaction fees will so low down. you can using it and create your future.
I think from the next rise that will happen to all the currencies we will see a rise in all the prices
yes, you really said that bitcoin transactions will become money in the future and there will be no more virtual money and we can enjoy the currency in the future
transactions usually have a trade discount turnover so this benefits each other and provides a good way. but if the pieces make too much trouble and a party it must be fixed and repaired the working system so that we are afraid to make transactions in that market.
Currently the cost of bitcoin transactions is very cheap due to the relatively small amount of transactions, moving 48,000 bits per 4 cents, very cheap compared to December 2017 at some time up to $ 50 due to too many transactions at that time. . However, when the market recovers, there will be many transactions to be made and then whether technologies such as Segwit or Lightning network will help bitcoin trading faster and transaction costs do not become expensive. or not?
i think segwit can be option beside bitcoin to make a cheaper transaction cost and faster transaction, but i think transaction fee of bitcoin is much cheaper than fiat money transfers
Based on my observation , i see that bitcoin fees will only depend on its current value . so if bitcoins price will be expensive on the future , we can also expect a high cost transaction fees but of course that is only temporary because bitcoin will always be volatile which means it can fluctuate from time to time and as a result , the transaction fees will also be high and low .
The speed of the tramsaction will also depend on what is the value of bitcoin . less demand is equals to less price and will also result for faster processing . while more demamd can lead to high price and congested network .
The speed of the tramsaction will also depend on what is the value of bitcoin . less demand is equals to less price and will also result for faster processing . while more demamd can lead to high price and congested network .
Currently the cost of bitcoin transactions is very cheap due to the relatively small amount of transactions, moving 48,000 bits per 4 cents, very cheap compared to December 2017 at some time up to $ 50 due to too many transactions at that time. . However, when the market recovers, there will be many transactions to be made and then whether technologies such as Segwit or Lightning network will help bitcoin trading faster and transaction costs do not become expensive. or not?
Although bitcoin fee is already lower than before now, the transaction time of bitcoin still remain the same.
If bitcoin can improve their block time, then it will be no time to become a global currency that everyone using without waiting for long.
I see there are not change of fee transaction by sending or withdraw bitcoin to other wallet, only have change value but the cost of bitcoin fee transaction is still the same like before. Maybe last two year we found fee transaction is low but today is high, it how bitcoin have value.
More and more exchanges based on SegWit are expected to have a significant impact on the bitcoin transaction fees. Bitcoin transaction fees have fallen more than in 2017. A user on Reddit reported that he has transferred $ 16,000 to 2 BTCs with a transaction fee of only $ 0.20. Perhaps the bitcoin trading network is now clearer, and codec trading platforms have now begun to reduce transaction costs to the lowest level to compete against each other. On 1 March 2018, Binance fell 50% to 0.0005 BTC per withdrawal. The next day, Bitfinex did the same thing for a fee of 0.0004 BTC per withdrawal. And ShapeShift is the most shocking with a fee of 0.0001 BTC per withdrawal.
I think from the next rise that will happen to all the currencies we will see a rise in all the prices
If we do not pay the fee no matter how much we can not pursue the transfer. My opinion. In the future, bitcoin transaction costs will continue to be adjusted along with the growth and development of cryptographic transactions.
Bitcoin is on the rise right now. I don't know whether it will be even higher in the following periods. However, as the price increases, the transaction fee will increase. It has to come to some more reasonable levels.
Btc is for all. But it seems the transaction fees are for rich only.
Btc transaction fees are very high need to reduce.
In my opinion. in the future, bitcoin transaction costs will continue to be adjusted along with the development and growth of crypto transactions. so it is possible to create rules and policies about the cost list so that it can be applied to all crypto exchange sites.
it does not seem to matter. when prices rise, and trading volume rises, it will not make bitcoin transactions slower, or with large fees, will not make bitcoin transactions any faster.
Lightining network and Segwit will make the price down in future which will be more faster. Transaction fees are also deceny if you compare with other assets on markets nowadays.
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