Topic: high bitcoin fee!! - page 5. (Read 2330 times)

operated through him. If the fee were his every time his network was used, he would have incentive to not close out his network. The problem.and anything needed.

Dont compare bitcoin to ethereum because they have different platforms and different function to this forum,bitcoin is the most used platform as all coins need to go through its platform before being converted into fiats,thats why whenever the sites congested the fee will increase and the transaction will slower but if the Lightning network is done,this will change to better and goodness

the high bitcoin prices that make a lot of people suffered losses it is caused to go to an alternative coin and choose another option. should be a sure thought before deciding because of regret always in the end.the price of unstable bitcoin sometimes high sometimes low therefore we must think with certainty .

I think the two are the same for each transaction, because both of them have almost the same speed to send a token or Bitcoin.

and my suggestion maybe you can exchange first to Altcoin like DOGE etc which its transaction fee value is little.

The problem with Lightening is, when anybody closes out his network, he breaks up the whole group of Bitcoiners who operated through him. If the fee were his every time his network was used, he would have incentive to not close out his network. The problem is that when there are a lot of inter-joined networks, who gets the miner's fee, and how is it split up? And what is to keep a network "owner" from shutting down his network, anyway, and inconveniencing everyone?

By the time these points are figured out, the LN scripting will be so large, and the interconnections so scrambled, that nobody will be able to run the client on his computer, and centralization (the thing we are trying to avoid) will be back. Get rid of the stupid miner's fees, and go back to charging a simple fee for running your own exchange operation, where everything is easy and as transparent as anybody can make it.

Lightning network isnt fully implemented yet maybe in the future the fee is almost non existent if we use LN. people can just go create a segwit wallet to save fees while merchant migrate to LN.

The LN is so complex, and has so many disadvantages for users, that if it is ever corrected, it will work a lot better with (at least, some) altcoins than it will with Bitcoin.

Perhaps the launch of the lightning network can reduce the cost of bitcoin very well, which is a key factor restricting the rapid development of bitcoin.

If you go out with pick and shovel and dig for gold and find some, what do you do with it? You trade it in for cash, or you keep it and dig for more.

What did you get for your gold when you sold it? Cash, right?

Lots of people have prospected for gold and never found any. They weren't forced into it. They simply thought that they could make it. But they didn't. They lost their investment.

Those who found gold and traded it in for cash, did they get a miner's fee? Or did they simply trade the gold in for cash?


The Bitcoin miner's fee is BS. If you get your rigs together and mine for Bitcoin, you either find some or you don't. If you don't, you sell your rigs, take the loss, and get out of it. If you find some, you either hodl it or you sell it at the going rate. If you sell, your earnings are the fiat (etc.) that you get for it. Period.

If all the miners hodl, because there is no miner's fee to tempt them to sell, the price of Bitcoin goes down, because nobody else has bitcoins, and who would want some of it if it can't be used because so few people have it? So, some of the miners sell, just to get back some of the money they put into their operation.


Miner's fees are simply a thing to screw up the Bitcoin system like derivatives screw up the fiat money Ponzi. They aren't needed. They are messing everything up. They are giving miners an opportunity to control the whole show in a funny way that doesn't have anything to do with making Bitcoin into a currency.

Let the thing be simple. For the simple person who uses Bitcoin, the miner's fees are a method to tax people on using bitcoin, and that is it. Why tax it, when the miners get cash for the bitcoins they sell just like gold prospectors get cash for the gold they sell. They already have their money.

Miner's fees are BS.

as yuo know if the bitcoin fee is down its mean that the transaction in the bitcoin network is low, and its mean there are no people that using bitcoin, and it will makes the price of bitcoin is decreasing because the transaction in the network, (there are no demand, there are no selling, there are noo buying)

Compared to other currency bitcoin’s price is much higher than all of them, so thus the transaction fee too. Its just an compensation from the transaction and volume of bitcoins you are dealing with. Bitcoin is tax-free so it is just right to pay high but reasonable.

That is the disadvantage of bitcoin the high fees that's why many people are go to the alternative coins and choose an another option, be practical think before you surely decide because regrets is always in the end.

Then use ethereum no one forcing you to use bitcoin so stop acting as theres no other option

High fee transaction growth and same time slower transaction happens last December of the year 2017 because of congestion,theres so many withdrawal and deposits happening togethen every seconds thats why we had experience such,but conparing this days you might find that its better and best

Bitcoin 's fees are high to reduce transaction overload but it is not user - friendly with little capital and new users. Bitcoin is under intense competition from fellow coin standings

The high bitcoin fee is the disadvantage of bitcoin because of that the investors are changes their minds and go to the another option to avoid high expensive and takes many times to transfer.

I see what is going on is a pretty high bitcoin fee, you should think carefully before investing in it, expect that the charge will decrease in the coming time.

   Bitcoin value is very high compared to other coins that's why we have nothing to do if the transaction fees are also high. Much better to use altcoins because it has a lower transaction fee if you don't want to fee for bitcoin. But for me,no matter what the transaction fees of bitcoin a long as i earned more than the transaction fee ,i will continue to use and patronize the bitcoin.

I find the bitcoin fee is now high, I just expect it to go down a little lower

I think the principle of bitcoin is not the same as ETH. And bitcoin will not follow the principles that exist in the ethereum, because the ethereum itself is clearly following the bitcoin trail.

I think bitcoin is different from all other cryptocurrency. And all the other coins have this stage down from bitcoin.