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Topic: high bitcoin fee!! - page 2. (Read 2372 times)

hero member
Activity: 759
Merit: 500
December 01, 2018, 09:28:28 AM
If bitcoin has a high price with low transaction costs, I think it would be detrimental to miners who help in the transaction because they take profit from the transaction costs, if you don't pay attention to the miners who need profits from the transaction costs then they will lose so it's natural that it has expensive transaction costs because its price is expensive too. If you look at altcoin the transaction cost is so cheap because the price of altcoins is still cheaper than bitcoin.
full member
Activity: 456
Merit: 100
Borderless Mobile Finance Marketplace
November 04, 2018, 03:34:11 AM
bro, if you object to the fees charged by bitcoin, now imagine if you send money with FIAT through a complicated bank, do you still say if the transaction fee from bitcoin is expensive?

actually you can use another alternative for payment or maybe send money to someone else, by exchanging it for Altcoin, and my solution is doge coin which I think is the cheapest fee compared to other altcoins
full member
Activity: 700
Merit: 102
November 02, 2018, 11:18:41 AM
If you couldn't afford the fee then use alt-coin,
Bitcoin fee is to high and that is the reason why other people choose to use alt-coin.

Bitcoin prices are increasing, of course many are waiting for it. but if indeed we cannot afford the high enough bitcoin price, it is better to buy a smaller and lighter altcoin. so don't force your will if you can't.
member
Activity: 516
Merit: 10
November 02, 2018, 09:48:07 AM
Bitcoin fees depend on 3 categories i know via some reference.
Three Classification-
1. 3 Blocks Fees: Your transaction mined within 10 minutes.
2. 6 Blocks Fees. Your transaction mined 30 minutes.
3. Next Blocks Fees: Your transaction mined 60 minutes.
member
Activity: 170
Merit: 10
November 02, 2018, 08:51:47 AM
it must be because the influence of the dollar continues to soar compared to what we previously could not see from day to day because the influence must be very high.
jr. member
Activity: 475
Merit: 1
Tackling Climate Change Using Blockchain
November 02, 2018, 08:24:59 AM
high bitcoin fee has been a pain for traders for a long time with exchangers making profit form high fees which they continuously charge. I do hope this issue will be resolved as soon as possible to make cryptocurrency and bitcoin trading a lot easier.
full member
Activity: 448
Merit: 103
November 02, 2018, 07:56:09 AM
when will the bitcoin fee be reduced or moderated?
i mean that even if the bitcoin value rises or falls the fee is constant in bitcoin ,unlike in ethereum where the fee is fixed not in eth but a particular USD value.
when will this improvisation take place in bitcoin?
Mate there are many option to be used if you do not want the high fees, there are an altcoin and exchanged offers lower fees fpr every transactions. Do not wait for the btc fees fall because i think it wont happen specially there is a big dump of the value.
member
Activity: 574
Merit: 12
November 02, 2018, 07:53:15 AM
this high bitcoin fee has been an issue for such a long time and i sincerely hope soon enough it will be looked into and resolved as it has discouraged lots of investors in the past. lets just hope for some good adjustments soon enough
sr. member
Activity: 854
Merit: 251
★777Coin.com★ Fun BTC Casino!
November 02, 2018, 07:36:19 AM
If you couldn't afford the fee then use alt-coin,
Bitcoin fee is to high and that is the reason why other people choose to use alt-coin.
newbie
Activity: 36
Merit: 0
November 02, 2018, 06:52:11 AM
Bitcoin rates are not that high, but if Bitcoin rates increase, there are alternatives like altcoins
member
Activity: 294
Merit: 11
November 02, 2018, 06:38:58 AM
Commissions for cryptocurrency transactions should be abolished. It is this side of the cryptocurrency that attracts the community so much.
sr. member
Activity: 1624
Merit: 267
November 02, 2018, 06:23:28 AM
yeah transaction fees is increasing slightly because the price also increasing. if you feel high fees in btc lets you can go for altcoins. 
The fee who increase is when the bitcoin is very high also your right. I remembered my highest fee is more than 20 dollars each transaction and now fee of the bitcoin is still good and very low fee now is only cents and it is still maintain in the last few months.
sr. member
Activity: 1701
Merit: 308
November 02, 2018, 06:00:53 AM
Altcoins it will be good for you Because Bitcoin will never pay you a low fee. Actually transaction fee does not matter with me it simple and common us.so you can choose altcoins if Bitcoin fes give your most problems.
Another altcoins also offered fee, transactions will not succeed if you do not use a fee. Actually the fee for sending bitcoin has dropped in a some time ago. Of course this also makes it easy for people who want to send bitcoin without thinking of high fees.
hero member
Activity: 910
Merit: 500
November 02, 2018, 05:21:37 AM
when will the bitcoin fee be reduced or moderated?
i mean that even if the bitcoin value rises or falls the fee is constant in bitcoin ,unlike in ethereum where the fee is fixed not in eth but a particular USD value.
when will this improvisation take place in bitcoin?

High bitcoin fee, low count of investors, and low bitcoin fee, high count of investors. That depends on us (users) on how we handle transaction process. I hope this bitcoin transaction fee will be minimized to its lowest point.
newbie
Activity: 40
Merit: 0
November 02, 2018, 04:35:22 AM
yeah transaction fees is increasing slightly because the price also increasing. if you feel high fees in btc lets you can go for altcoins. 
jr. member
Activity: 210
Merit: 1
October 31, 2018, 08:41:39 AM
not sure if this will ever change because bitcoin uses a slightly different technology
full member
Activity: 1177
Merit: 102
October 31, 2018, 08:24:58 AM
Altcoins it will be good for you Because Bitcoin will never pay you a low fee. Actually transaction fee does not matter with me it simple and common us.so you can choose altcoins if Bitcoin fes give your most problems.
full member
Activity: 457
Merit: 100
October 31, 2018, 08:17:07 AM
I think bitcoin will not change the transaction fee, because of the difficulty of bitcoin mining. if it has to change, I think it will make the fee go up. why other coins are so cheap, because the price is also cheap. if the altcoin price is higher than bitcoin, it will also be expensive. and there are still other ways to make cheap fee shipping, namely using altcoin.
Transaction fee is fixed on any amount you transact but the price is depend on how much it has on the market. The fee is lower when the price of bitcoin lower and vise versa. Some fees depends on you but much higher makes your transaction process faster than the minimum amount required to pay. But bitcoin that has transaction fee today is not good.
If use exchanger we get fixed fee that must be used to withdraw some amount of money, maybe that is what people complained about. When they increased fee, people forced to use fee that fixed by exchanger, but when price increased, they not decrease it. But we must see some problem from 2 side.
I think the price of bitcoin will always be expensive. even though there is a very low decline, going up again becomes expensive. this is what makes bitcoin special.
member
Activity: 322
Merit: 10
╔►[FILIPINO Translator]◄╝
October 30, 2018, 08:56:47 PM
That's what hurt most of the crypto traders especially when the bitcoin fee is already high. It is alright to have a high bitcoin fee if it is only an option if you wanted to have your transaction processed as fast as lightning.
hero member
Activity: 1540
Merit: 508
October 30, 2018, 08:40:14 PM
when will the bitcoin fee be reduced or moderated?
i mean that even if the bitcoin value rises or falls the fee is constant in bitcoin ,unlike in ethereum where the fee is fixed not in eth but a particular USD value.
when will this improvisation take place in bitcoin?
Which wallet service are your using ? I am using blockchain wallet and the fee is very low (only 0,04 usd per transaction). Many service take a high fee like coinbase, coinpayment.
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