Btc as form of paying for services and other has a speed of growth.
I think merchants around the globe have an incentive to accept the digital currency for it transaction fee are very lower than 1-4% charges
Topic: Is bitcoin transaction fees fair? (Read 36260 times)
Everyone wanted higher bitcoin price and we achieved this but another problem become transaction fees. When bitcoin's price was low, we had to pay also low fee and now when it rised, we have to pay high fee in bitcoins and plus that high fee is more higher with current price. Is this fair? The higher the price, the more money miners have with bitcoin exchange.
To my mind when price becomes high, we have to pay low fee and when it becomes low, than fee has to be high. To my mind it had to be done like this from the begining.
I think it's a law that happens we invest with the most important cryptocurrency we should be able to take advantage of opportunities that exist if we already get the benefits we can take those opportunities To my mind when price becomes high, we have to pay low fee and when it becomes low, than fee has to be high. To my mind it had to be done like this from the begining.
Today Just 707 Satosi, this is a very low fee, and a good part of the Bitcoin world is better, And it's a good sign, at least it's a good idea to get out of the market of unrest
Unfair, if these transactions are normal transactions, then its weight is fair. I don't understand why we now have to pay such a high transaction fee.
A few months ago the transaction fees reached more than $ 500, and this certainly made all the users worried, but after a while we can now send at a cost of no more than $ 1, this is certainly a big consideration that the transaction fees bitcoin is fair.
The current cost of a transaction with the bank about $0.4 If domestically and $7.47 if we send abroad, only about $0.2 bitcoin transactions so I think it is very fair.
I'm sure this is a system shortage on how to measure the exact cost because as we all know the cost depends on how to secure the wallet online. Appropriate laws and regulations on the transparency of the number of block chain costs that the bus passes through and allowing decisions on costs to be decided by some of the organizations that organize them. 
Nothing is fair in this blockchain but I think it deserves that fee. Because Bitcoin is the starter, the reference coin. But if I have to say so i am agree with you, it is unfair 
Well i do not know how things work exactly, as far as mining is concerned, but i do not thing that price for fee transfer need to be low if price for bitcoin is going up. What i think is, that if i can transfer my bitcoin fast and without problems i will pay a bit more. So in general i am more interested in efficiency of transfer.
The transaction fees most at times are not fair but looking at it in a mathematical view, I think the transaction fees and bitcoin price are directly proportional. This means if the price of bitcoin increases then the transaction fees also increases (this is just my personal view and I stand to be corrected). It would have been very appropriate if transaction fee was a fixed percentage of amount been sent.
At my opinion bitcoin fees nowadays are too high. It's very bad that we still have freezed transactions that can be solved by paying money only...
Bitcoin transaction fees are only fair if your transaction is big but if you will only send 0.01 and you need to pay for 0.001 for the fee then that's unfair. And sometimes even if you pay a highers fee the transaction still takes time and that is frustrating.
High fee is one of disadvantages of bitcoins and I think it is unfair when transfrer small amont btc but with big amont the transfer fee is can be received. But if Bitcoin wants to have an effect on the economy of the whole world, surely such fees must be diminished, and such delays in confirmations must be eliminated.
Those things people consider in crypto transactions. Everyone wanted higher bitcoin price and we achieved this but another problem become transaction fees. When bitcoin's price was low, we had to pay also low fee and now when it rised, we have to pay high fee in bitcoins and plus that high fee is more higher with current price. Is this fair? The higher the price, the more money miners have with bitcoin exchange.
One of the bigger problems is that people transfer a lot of unnecessary small amounts. Of course, they have their reasons - want to earn here and there a few extra $, want to buy something "small" things, don't trust some services or just don't realize that small amounts will fight against them in some not too far future.
One of the bigger problems is that people transfer a lot of unnecessary small amounts. Of course, they have their reasons - want to earn here and there a few extra $, want to buy something "small" things, don't trust some services or just don't realize that small amounts will fight against them in some not too far future.
No I don't think Bitcoin transactions fees are fair .maybe this price is needed for transactions, but I think the price should be lower because we the general public face difficulties in transactions for nothing else only for the transactions fees.this is not fair. if we transact $20 then we have to give up to $5 is transaction fee so this is quite difficult for us.
i think its fair if you need the fast time, if you set the fee of bitcoin more high than the standart you will get the fast confirmation time, so if you set the fees in the low or standart you will get the confirmation time slower than high fees, so it fair if you need to fast time to send bitcoin ir receive bitcoin
In my opinion, fee tx occur as now still quite fair. Indeed, when viewed in fiat form value is quite huge. However, i feel no objection because in principle i need fast confirmation process for buy or sell transactions against fiat. Rather than low, but very slowly confirmed.
Everyone wanted higher bitcoin price and we achieved this but another problem become transaction fees. When bitcoin's price was low, we had to pay also low fee and now when it rised, we have to pay high fee in bitcoins.
I think bitcoin transaction fees can be consider fair, if we want the transaction to be done faster then we need to pay extra to get it done more earlier. It apply fairly to every transaction.
we can experience a bit faster confirmation due to segwit activation. But still the fee is expensive. But it is just fair because the price of bitcoin is in skyrocket now.
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