The whole concept of this thread when op is using poll based on 1st world country pricing is ridiculous.
You should instead used pricing according to vast majority of poor people!
As stated by the data from worldbank.org, in 2013, 767 million people lived on less than $1.90 a day
Do you think they would be able to afford paying more than $1 cent for bitcoin transaction?
Topic: How much are you willing to pay in fees for a Bitcoin transaction? - page 2. (Read 6103 times)
March 23, 2017, 11:06:05 AM
March 23, 2017, 11:04:09 AM
This poll came as an idea from a news post: Almost $1 Billion Worth of Bitcoins Stuck in Transaction Backlog - link here: https://bitcointalksearch.org/topic/2017-02-04-almost-1-billion-worth-of-bitcoins-stuck-in-transaction-backlog-1777803
[s ize=14pt]How much are you willing to pay on daily basis in fees for a Bitcoin transaction that is cleared within 10 minutes? (1 block)[/size]
I hid the poll results until you voted so it's not biased - I'm really curious about this one - I ruled out "free" as I don't think it's possible anymore - no matter how big the block size is. Also I don't think anyone is willing to accept fees over $10 - it will be more expensive than the bank fees, so I made it 10+ USD.
Please vote and explain below why you voted the way you voted.
Thank you.
Basically for me it depends on the amount that I transact each time. If I am transacting around 0.01 bitcoins average then I would be happy to pay like 0.00025 btc which means 2-3% fees is what I would never mind paying for that.[s ize=14pt]How much are you willing to pay on daily basis in fees for a Bitcoin transaction that is cleared within 10 minutes? (1 block)[/size]
I hid the poll results until you voted so it's not biased - I'm really curious about this one - I ruled out "free" as I don't think it's possible anymore - no matter how big the block size is. Also I don't think anyone is willing to accept fees over $10 - it will be more expensive than the bank fees, so I made it 10+ USD.
Please vote and explain below why you voted the way you voted.
Thank you.
For bigger transactions though that ranges from 1-2 bitcoins I won't be paying 2-3% also since it accounts 0.01-0.02 and hence I would be fine to pay like 0.005 btc for that big of a transaction. Really fees is becoming a issue.
March 23, 2017, 09:56:38 AM
0,1$ fee does not bother me if I am assured that it is included in the next block, but for regular purchases that does not need a time, or my bets, I will stick to 0,01$ since I have all my time.
I totally agree with you mate...
March 23, 2017, 09:46:12 AM
Nothing more than 0.01 BTC; people should stop the monetization of Bitcoin transactions because the enticing factor that drew some of us into Bitcoin is the low transaction fees but it seems the trend is Changing and its worrying.
Yeah, not more than 0.01BTC because if that happen, it will become worst than a bank. But I think it won't gonna happen perhaps. But I'm okay for 0.001BTC per transaction I think that would not much hurt so badly. 
Worst than bank? I do not think that bank offer that huge, in my country it will be around 0.005 or lower so I think it will not possible that the transaction fee will cost that high. For me the transaction will be around 0.01-0.1% from your withdraw amount. This must be fair enough for everyone
March 23, 2017, 08:52:32 AM
Maybe $.01. Everyday there is a lot of transaction going on so they can still take a huge amount from that. I know there is a few millions of people now using bitcoin. I bet they get much more than they need and there's no need be greedy.
I hope that 0.01$ will come true but right now it is not going to happen since the problems on bitcoin is still there. If probably BTC and BTU can be harmonized and will solved the blocksize problem on mining then 0.01$ is possible to meet. What we can do for today is just wait for the update between BTC and BTU and how it will affect the bitcoins value and if it can solve the current problems on bitcoin right now.
March 23, 2017, 03:11:58 AM
Let's reach a compromise at $0.01 per transaction. 50% of this amount should go to the miners, and the rest should go to the Bitcoin foundation. I think that this is the amount which is most acceptable for both the miners and the traders. Let's have a uniform fee instead of the variable fee depending on the transaction size. This will encourage more and more people to use Bitcoins, and the revenue for the miners will also rise proportionally.
March 23, 2017, 03:01:02 AM
Maybe $.01. Everyday there is a lot of transaction going on so they can still take a huge amount from that. I know there is a few millions of people now using bitcoin. I bet they get much more than they need and there's no need be greedy.
Well for me even if it goes to around 0.5$ it would still be reasonable and a lot cheaper than other transactional fees. That's the good thing with btc and i think it's one of the things that will make btc one of the major transaction forms in the future
Yeah as long as I pay in cents that would be fine but we all know that it should depends on the amount of transaction or the size rather. Lets just hope that it will stay low in the future because many people will be dissappointed if the miner fees are just equal on fees the real world.
Maybe $.01. Everyday there is a lot of transaction going on so they can still take a huge amount from that. I know there is a few millions of people now using bitcoin. I bet they get much more than they need and there's no need be greedy.
We don't know that yet because there is a excessive competition between the miners, Electricity rates are different, Mining rigs are different, number of active hours are different. The best thing is to pay based on the size of your transaction.
March 23, 2017, 02:45:12 AM
Maybe $.01. Everyday there is a lot of transaction going on so they can still take a huge amount from that. I know there is a few millions of people now using bitcoin. I bet they get much more than they need and there's no need be greedy.
Well for me even if it goes to around 0.5$ it would still be reasonable and a lot cheaper than other transactional fees. That's the good thing with btc and i think it's one of the things that will make btc one of the major transaction forms in the future
March 22, 2017, 08:07:04 PM
For me it depends on the amount I will be processing if I will send 1 btc Im willing to pay $1-5 for faster confirmations, $6-10 seems to high for me its not justifiable anymore, if the amount is small like $1-5, 0.01 usd is ok.
Well said, it should depend on the amount of funds you are moving. for someone moving $5, $0.1 is high in my own views, the irony of this whole issue is that, the wasn't the case when the price was around $600, we now have BTC penetrating into some new markets especially south America and Africa. I just think the whole transaction fee issue is more political than the main scaling debate issue Well I believe that is wrong the way we most of us are thinking when we speak about payment with bitcoin. We have stop think in dollars or euro or anything else like as any fiat money. This is not fair. We have try to think only with transaction size and if we need, really all times do we need the next block confirmation?, fast confirmation time. As you see in my signature yesterday I payed and the campaign manager payed about 5.31sat/byte and first confirmation was in less than 24 hours.
March 22, 2017, 07:37:03 PM
Maybe $.01. Everyday there is a lot of transaction going on so they can still take a huge amount from that. I know there is a few millions of people now using bitcoin. I bet they get much more than they need and there's no need be greedy.
March 22, 2017, 07:11:55 PM
0,1$ fee does not bother me if I am assured that it is included in the next block, but for regular purchases that does not need a time, or my bets, I will stick to 0,01$ since I have all my time.
Even it will go up to $0.5 still that's not going to bother me and that amount isn't that big amount at all to think about that my transaction will be confirmed for the next block. Also I will keep on following the suggested amount of blockchain.info to make sure that my transaction will be good and won't be failing.
March 22, 2017, 05:07:45 PM
0,1$ fee does not bother me if I am assured that it is included in the next block, but for regular purchases that does not need a time, or my bets, I will stick to 0,01$ since I have all my time.
March 22, 2017, 05:00:21 PM
This poll came as an idea from a news post: Almost $1 Billion Worth of Bitcoins Stuck in Transaction Backlog - link here: https://bitcointalksearch.org/topic/2017-02-04-almost-1-billion-worth-of-bitcoins-stuck-in-transaction-backlog-1777803
How much are you willing to pay on daily basis in fees for a Bitcoin transaction that is cleared within 10 minutes? (1 block)
I hid the poll results until you voted so it's not biased - I'm really curious about this one - I ruled out "free" as I don't think it's possible anymore - no matter how big the block size is. Also I don't think anyone is willing to accept fees over $10 - it will be more expensive than the bank fees, so I made it 10+ USD.
Please vote and explain below why you voted the way you voted.
Thank you.
How much are you willing to pay on daily basis in fees for a Bitcoin transaction that is cleared within 10 minutes? (1 block)
I hid the poll results until you voted so it's not biased - I'm really curious about this one - I ruled out "free" as I don't think it's possible anymore - no matter how big the block size is. Also I don't think anyone is willing to accept fees over $10 - it will be more expensive than the bank fees, so I made it 10+ USD.
Please vote and explain below why you voted the way you voted.
Thank you.
would probably never use bitcoin every day, i see it as more of a digital gold at the 1st layer level and so moving it for a dollar is dirt cheap. if however LN comes about then i would use it as a cash and would be willing to pay very little to move it.
March 22, 2017, 01:56:11 PM
For me it depends on the amount I will be processing if I will send 1 btc Im willing to pay $1-5 for faster confirmations, $6-10 seems to high for me its not justifiable anymore, if the amount is small like $1-5, 0.01 usd is ok.
Well said, it should depend on the amount of funds you are moving. for someone moving $5, $0.1 is high in my own views, the irony of this whole issue is that, the wasn't the case when the price was around $600, we now have BTC penetrating into some new markets especially south America and Africa. I just think the whole transaction fee issue is more political than the main scaling debate issue Well I believe that is wrong the way we most of us are thinking when we speak about payment with bitcoin. We have stop think in dollars or euro or anything else like as any fiat money. This is not fair. We have try to think only with transaction size and if we need, really all times do we need the next block confirmation?, fast confirmation time. As you see in my signature yesterday I payed and the campaign manager payed about 5.31sat/byte and first confirmation was in less than 24 hours.
March 22, 2017, 11:56:43 AM
Nothing more than 0.01 BTC; people should stop the monetization of Bitcoin transactions because the enticing factor that drew some of us into Bitcoin is the low transaction fees but it seems the trend is Changing and its worrying.
Yeah, not more than 0.01BTC because if that happen, it will become worst than a bank. But I think it won't gonna happen perhaps. But I'm okay for 0.001BTC per transaction I think that would not much hurt so badly. Worst than bank? I do not think that bank offer that huge, in my country it will be around 0.005 or lower so I think it will not possible that the transaction fee will cost that high. For me the transaction will be around 0.01-0.1% from your withdraw amount. This must be fair enough for everyone
March 22, 2017, 08:15:31 AM
I'm ready to pay up to $0.7 for a transaction and when they ask for $2 like it was recently I think it's too much. Hopefully the situation is changing for the better, because today I was asked for as low as $0.3 and after I paid the transaction received first confirmation in 40 minutes.
$2 would really be too much and same as yours im willing to pay up $0.1-0.4 in each transaction and im willing to wait for the confirmation time depend on the network situation im ready to wait as im sure that the transferred bitcoin would definitely go into my account since im not a busy man doing online transactions on fast pace basis. 
March 22, 2017, 07:50:49 AM
I'm ready to pay up to $0.7 for a transaction and when they ask for $2 like it was recently I think it's too much. Hopefully the situation is changing for the better, because today I was asked for as low as $0.3 and after I paid the transaction received first confirmation in 40 minutes.
March 22, 2017, 07:06:25 AM
This poll came as an idea from a news post: Almost $1 Billion Worth of Bitcoins Stuck in Transaction Backlog - link here: https://bitcointalksearch.org/topic/2017-02-04-almost-1-billion-worth-of-bitcoins-stuck-in-transaction-backlog-1777803
How much are you willing to pay on daily basis in fees for a Bitcoin transaction that is cleared within 10 minutes? (1 block)
I hid the poll results until you voted so it's not biased - I'm really curious about this one - I ruled out "free" as I don't think it's possible anymore - no matter how big the block size is. Also I don't think anyone is willing to accept fees over $10 - it will be more expensive than the bank fees, so I made it 10+ USD.
Please vote and explain below why you voted the way you voted.
Thank you.
The minimum the better and that was one of the reasons behind bitcoin I.e less transaction fee.How much are you willing to pay on daily basis in fees for a Bitcoin transaction that is cleared within 10 minutes? (1 block)
I hid the poll results until you voted so it's not biased - I'm really curious about this one - I ruled out "free" as I don't think it's possible anymore - no matter how big the block size is. Also I don't think anyone is willing to accept fees over $10 - it will be more expensive than the bank fees, so I made it 10+ USD.
Please vote and explain below why you voted the way you voted.
Thank you.
If we raise bitcoin fee,we would lose half of the market. People would either switch to other crypto or Altcoin or would stick to traditional methods.
March 22, 2017, 06:38:45 AM
0.1 $ for everyday transaction would be reasonable fee. I think for some higher amounts, like + 100k fee should be higher normally. I voted for 0.1 cause its not so high and its not low, but for some transactions lower then 10 dollars, maybe even 10 cents are high. At the moment I use xapo, for some transaction I wait a bit longer but its free, so I don`t complain much on that.
March 22, 2017, 06:37:15 AM
Depending upon the transaction purpose as well the transaction amount I used to fix the transaction fee. For immediate transactions can go up to the maximum of 0.5$ and for big volume transactions can go up to 2$. Most of the transaction I make is for the gambling purpose so I won't be considering transaction fee a big factor.
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