Comparing with alter coins specially ETH it is not fair. The BTC fee is really high with demand and quickness.
I think it should be reduce.
Topic: Is bitcoin transaction fees fair? - page 11. (Read 36260 times)
I think very appropriate and right, because it depends on the price now obtained by bitcoin it self, the price of transactions that there is not intentionally determined but with the influence of the price of bitcoin, so any transaction costs don't blame any of the program bitcoin.
I think transaction fees right now is high because of heavy traffic in systems, since bitcoin already reach $20000 mark and so the demand reacted parallel to its price. I think higher fees is for smoother transactions and the exchangers itself. Of course if you want your transaction to be done you should buy or else it will be freeze.
Everyone wanted to get a higher price but bitcoin price is sometimes get lower and also there's a time that the bitcoin price is higher. In my own opinion, bitcoin transaction fees is unfair. I say this because I experienced unfair transaction fees in a way that when the payment is ready to release, thr bitcoin price become lower. As you can see, bitcoin price is always changing, the higher the value, the higher the miners get money and the lower the value, the lower miners get money.
I think (but I am not really sure about it), that the slow transaction is the reason why bitcoin fee is getting higher - because people want faster transactions and in so doing, they prefer to transact with higher fee and miners on the other hand would certainly go after higher fees.
So once, developers will sort out the speed of bitcoin transactions - like in 1 second it can accommodate millions of bitcoin transactions, the fees will surely get lower. I think miners are just there no matter what the price and they are not controlling the market or the bitcoin transaction fees.
Everyone wanted to get a higher price but bitcoin price is sometimes get lower and also there's a time that the bitcoin price is higher. In my own opinion, bitcoin transaction fees is unfair. I say this because I experienced unfair transaction fees in a way that when the payment is ready to release, thr bitcoin price become lower. As you can see, bitcoin price is always changing, the higher the value, the higher the miners get money and the lower the value, the lower miners get money.
for now it is not fair because in many exchanger the transaction fee are too high and so expensive even the conversion fee are too expensive, thats why many of the users find a low transaction fee exchanger.
Yes it is true, but if transaction costs are low, bitcoin users will do more bitcoin transaction activity and it will greatly affect the bitcoin price exchange, because the price exchange rate is also on the number of activities using bitcoin.
The fees depends on the price of the Bitcoins in the market. That is why they are now very high. But then again, we can't blame them for that since it was the networks who are working on it.
It is necessary to increase queue speed because of huge amount of transactions 
You want to make your deal fast? You should pay for it otherwise is just wait for your turn. Nobody needs freezed transactions.
You want to make your deal fast? You should pay for it otherwise is just wait for your turn. Nobody needs freezed transactions. 
The price is too high and that the reason people are switching to ETH for low fee...
For me it's ok compare to other sending remittances, cause in Bitcoin you can easily send money without asking for any valid i'ds or whatever proof that you are the real person, and in just an hour the money that you send was already delivered, unlike others it takes time to received and is very hassle cause you still need to fill up lots of documents before you can get or send money. So it is ok for me if bitcoin fees is a little bit higher than other remittances.
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.
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 the companies responsible for the fees are taking an advange on us, for example, the wallet i use on my country in order to convert bitcoins into fiat. We have no choice but to pay the corresponding charges because we need the money. I think it is ok but maybe on an equall price. And In current network circumstances the fees aren't fair, that's for sure, but there is no other thing to do than dealing with the situation.
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.
Bitcoin standard transaction fees are still in demand by many users or bitcoin communities, but most digital currency users prefer to spend a little more money to move funds. At a rate of 0.0001 Bitcoin per transaction or US $ 0.0415 at the time of writing of this article- the cost has occupied the lowest scale for some time now. However, miners prioritize transactions based on related costs, and if everyone keeps using the same amount of fees, transaction bottlenecks can no longer be avoided. 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 also feel that the increasing in fee is bit unfair as it is going to disrupt one of the main principles of crypto which is to reduce the time and money which we have to pay for banks to do fund transfers.
With the increase in demand of the Bit coins we need higher gas fees to make transactions and takes much longer than earlier and for small time investors like myself it makes a huge impact in this rapidly evolving crypto world.
With the increase in demand of the Bit coins we need higher gas fees to make transactions and takes much longer than earlier and for small time investors like myself it makes a huge impact in this rapidly evolving crypto world.
I'm not sure if the fees are low or high.
Maybe TorGuard is up to something to lower the fees and making the transaction faster, you might like to see this one https://www.bitcoinmarketinsider.com/mainnet-lightning-payments-drops-bitcoin-fees-near-zero/
I also remember that I could send any transaction with normal fee and receive confirmations in a few hours.Recently, I had to wait more than 24 hours for confirmation and because of this experience, now I send each transaction with higher fee.Yes, I don't like it, but still is cheaper to send funds with bitcoin than with WU, for example.It's obvious that this situation must be resolved somehow because bitcoin may become less attractive to the new people.I don't think that transaction fee is connected with BTC price. For me its really not fair for a high fee in many bitcoin wallets but i already use bitcoin wallet that has a really fast transaction that sounds fair for a few cent fee but having a high fee for a really slow transaction is really not unfair for us we are paying fee's and didnot get a fat transaction we wanted and there are so many confirmations needed.
this statement is flawed.
if you send bitcoin to someone that needed cash, they would have to send the bitcoin to an exchange then transfer it to bank account which usually has a fee.
if your friend lives in the USA, the IRS will then take up to 39% of this as short term gains.. since you are gifting him the bitcoin, im not sure but im sure its seen as all profit.
sending your friend a WU would only cost 20$.. that he or she can then cash for free.
actually the idea for the high price of low cost or even low price for high cost I join but because for the cost of recommendation or tax penyimpana or exchange need to be reviewed so as not to harm our financial investment or what percentage 15% just for storage and exchange
The fees of bitcoin is not fair because what if you are just a small timer and you will just send at least 0.005 bitcoins to your friend as a payment but the fee is over 0.001 then it is very frustrating because the fee is so high and it cut a huge amount from the original which is such a disappointment for a small timer like me. They should work it out a little bit, we all know that the price of bitcoin is high but with the fee also rising more than we expected is not fair, some of us cannot afford the high fees but we just need to find a way in order to be able to make a transaction.
I also remember that I could send any transaction with normal fee and receive confirmations in a few hours.Recently, I had to wait more than 24 hours for confirmation and because of this experience, now I send each transaction with higher fee.Yes, I don't like it, but still is cheaper to send funds with bitcoin than with WU, for example.It's obvious that this situation must be resolved somehow because bitcoin may become less attractive to the new people.I don't think that transaction fee is connected with BTC price. For me its really not fair for a high fee in many bitcoin wallets but i already use bitcoin wallet that has a really fast transaction that sounds fair for a few cent fee but having a high fee for a really slow transaction is really not unfair for us we are paying fee's and didnot get a fat transaction we wanted and there are so many confirmations needed.
Bitcoin is fair on high amount transactions but unfair on low transactions. Bitcoin will just be an asset and not a currency on small holders. This is the reason why bitcoin needs an upgrade.
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