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Topic: high bitcoin fee!! - page 3. (Read 2372 times)

full member
Activity: 658
Merit: 112
October 30, 2018, 07:20:39 PM
This message posted nearly a year ago, that time the bitcoin transaction were very high yesi. But if you look today it is more suitable and stable right now. The high fee is from exchanges! When you make withdrawal the price changing between 0.001 and 0.002. I believe that this is too high! 0.002 BTC makes more than $12! Have you noticed that??
full member
Activity: 616
Merit: 100
October 30, 2018, 07:11:21 PM
right now the bitcoin fee is very high, its because the user of bitcoin is increase and makes bitcoin fee is very high because all people that transfer make thefee for the priority.
newbie
Activity: 532
Merit: 0
October 30, 2018, 05:41:49 PM
I think there Is nothing that can be done concerning that bitcoin fee price can't be change because that how they create the system. The design programme for Ethereum is different from bitcoin that why they don't have the same fee.
full member
Activity: 560
Merit: 100
October 30, 2018, 05:35:35 PM
in my opinion the bitcoin fee will still be expensive because at this time for the price of bitcoin can still be categorized as expensive. so the bitcoin fee will follow the trend of bitcoin prices.
sr. member
Activity: 1479
Merit: 273
Seabet.io | Crypto-Casino
October 30, 2018, 05:27:12 PM
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.
sr. member
Activity: 1092
Merit: 256
October 30, 2018, 05:00:32 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?
yes it's one of the problems people think back to sending using btc, people prefer to exchange it for another coin to get a cheaper transaction fee
sr. member
Activity: 560
Merit: 250
October 30, 2018, 03:10:16 PM
We have to accept that it is a big problem must be solved. Paying a constant fee regardless of its amount of transaction or price of bitcoin is not fair. The main idea of bitcoin make people free of banks by reducing fees of transactions and payments. But we don't see it in real life even though compared with banks' fees. These fees must be reduced to a reasonable amount.
full member
Activity: 952
Merit: 107
October 30, 2018, 06:25:39 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.
full member
Activity: 476
Merit: 100
October 30, 2018, 05:32:49 AM
Bitcoin fees are coming down now compare to a year ago. I think it is because of the price of the coin. The fees must be  right to support mining of bitcoin and also to make sure that the transaction is completed. The process is highly technical and adequate fee must be set to take care of the system of payment. Those arguing that bitcoin fees are high they can try using Ether the fees are still almost same as that of bitcoin. But bitcoin remains the leading crypto so do not mind the fees.
full member
Activity: 378
Merit: 100
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
October 30, 2018, 05:09:38 AM
A great amount of people want BTC`s price to become 20k$ and more. But it means that transactions fee will be 40$+. And if you want fast transaction, you should increase fee for this action.
If BTC = 100k$ , fee = ~200$. Crazy Embarrassed
newbie
Activity: 98
Merit: 0
October 30, 2018, 01:35:37 AM
if yo felt btc has high fee better to go fo altcoins it will also helps you investing small amount on crypto.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
October 20, 2018, 02:59:53 PM
The time when OP posted this, the price is on all time high and the fees were high too. ETH can't be compared to bitcoin, there's also a time when the fee's were too high and its network were congested so there's no exception.

And by that time, bitcoin's network was being spammed so that caused the fee to increase.
sr. member
Activity: 784
Merit: 250
October 20, 2018, 02:42:32 PM
I think it's fair if the bitcoin transaction cost is expensive caused by high bitcoin’s price than the altcoin, if you think it's too expensive for you maybe you can try to do transactions using altcoins that the transaction costs are lower because their prices are cheaper than bitcoin.
yes you are right, of course if we want to buy a coin that has a high price we also have to issue a high transaction fee. if anyone complains about high bitcoin costs I think it's ridiculous, if the costs have been complained then why are we still buying bitcoin because it costs a lot. costs will be replaced with our selling price later if we get a lot of profit.
full member
Activity: 410
Merit: 100
October 20, 2018, 02:33:27 PM
The Commission on bitcoin is not so great to raise this issue now.There are more serious problems.Better think about what you need to do to the price rose again.Such messages only add fuel to the fire.Support Bitcoin.I do not think that you are exchanging so large amounts to respond to the price of the exchanger.
legendary
Activity: 966
Merit: 1000
October 20, 2018, 02:23:58 PM
I think it's fair if the bitcoin transaction cost is expensive caused by high bitcoin’s price than the altcoin, if you think it's too expensive for you maybe you can try to do transactions using altcoins that the transaction costs are lower because their prices are cheaper than bitcoin.
sr. member
Activity: 1876
Merit: 289
Zawardo
October 16, 2018, 05:09:13 AM
Yep bitcoin fee so high I think most of exchanges set 0.001 btc fee and only few exchanges that set 0.0005 btc fee even they set low still high for me, you should use other altcoins if you don't like bitcoin to transfer your money.
full member
Activity: 602
Merit: 100
VANM - VIRAL ADVERTISING NETWORK MINING
October 16, 2018, 03:16:58 AM
Since the value of bitcoin is high, it is not surprising that the cost is also high, besides that the holder must have more and can easily transact.
full member
Activity: 564
Merit: 100
October 16, 2018, 02:43:43 AM
The disadvantage of Bitcoin is the high transaction costs. That's why I used the ETH wallet to trade. Bitcoin transaction fees are, of course, more expensive than other electronic transactions, and Bitcoin deals are quicker and safer than other electronic money transactions.
member
Activity: 336
Merit: 10
October 16, 2018, 02:38:49 AM
For now, I think the bitcoin fee is standard and I can say it's very cheap, you can imagine that you sent 1 bitcoin for $ 6452 for the current rate, with a shipping fee of only 0.0005 sat that is very cheap bitcoin fee. And maybe for the future the price of bitcoin will be more expensive, and I think that will cause the fee to increase.
legendary
Activity: 1316
Merit: 1145
October 16, 2018, 02:27:20 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.
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