All the exchangers have escalated the transaction fee. I do not know the reason. since every thing about cryptocurrency is decentralized no body can actually question the administrations of most of those exchangers.
Increasing the transaction fee means that the transactions will be faster, the transaction fee is high, but there is a measure against small amounts. There should not be too many micro-transactions. 
Topic: Is bitcoin transaction fees fair? - page 23. (Read 36260 times)
i think it is fair fee.when price increase,fee is also increase simultaneously and vice versa.in my opinion it is fair fee and i like the process from my heart.
The transaction increases does not mean the value of Bitcoin increased made its transaction fees also increase the value. You do not know we always need to saving our Bitcoin for future while the Bitcoin miner always raise the transaction fees when the price of Bitcoin increases fastly or create new all time high price. I don't think that is right, when bitcoin value increase transaction fees are also increases?
Does it mean that they are having a hard time when btc price increases or they are doing it for their own benefits and take advantage of the situation that bitcoin user cannot react and do some actions because transaction fees are common and natural flow when you are doing some transaction.
Fees are commonly paid in every transaction but the higher transaction fees is not fair.
The transaction fee issue arises often and gradually fades of as the transaction that were unconfirmed for a long time period gets confirmed. I won't do much of transactions and most of the time while making a transaction used to provide the fees suggested by the wallet and the same has helped with faster transactions. I have the thinking that we should have the mind to accept little increase in fee, because the price last year same time and present is much different and we expect for a fee that was provided during the last year same time when price was around $750.
I think the transaction are a bit pricy. Some wallets even have the fees set on HIGH and you can't even change that (Exodus for example). That's just disturbing.
i think it is fair fee.when price increase,fee is also increase simultaneously and vice versa.in my opinion it is fair fee and i like the process from my heart.
The transaction increases does not mean the value of Bitcoin increased made its transaction fees also increase the value. You do not know we always need to saving our Bitcoin for future while the Bitcoin miner always raise the transaction fees when the price of Bitcoin increases fastly or create new all time high price.
i think it is fair fee.when price increase,fee is also increase simultaneously and vice versa.in my opinion it is fair fee and i like the process from my heart.
why BTC transaction fees rise..?? yesterday i sold 0.022 BTC ... i paid $3 transaction fees.
anybody know how and why transaction fees is over ...??
The reason is Cancelation of BTC hardfork ??
anybody know how and why transaction fees is over ...??
The reason is Cancelation of BTC hardfork ??
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.
The problem of rising fees is one that in time will have to be addressed as if not an alternative coin will offer the same service but much cheaper and that in turn will take money away from bitcoin.
If everything got expensive, so do fee since they are adjusting based on bitcoin value for miner in fair way.
What about small traders?their profits will be exhausted with a fee, very unfortunate. Fee is not worth the transaction.
Yesterday I saw some problems, maybe this kind of demonstration over canceled segwit.
I see these fees as a huge problem and the biggest obstacle for btc to become a daily used coin.
BTC and the blockchain are relatively new, I'll keep the optimism, and wait that new implements, like the lightning network could solve this.
BTC and the blockchain are relatively new, I'll keep the optimism, and wait that new implements, like the lightning network could solve this.
I agree with the issues on the fees being high for some transactions. Hopefully they do implement the lightning network into bitcoin itself and not some knock off. In any case i keep some ethereum and bitcoin on exchange like coinbase. Then i just get the shift debit card and link it for ability to use on normal everyday spending if i choose.
For me it is not fair cos its not right. But sometimes it is always depend in the btc waller if it is high or low fee. But for me we need a lower transaction fee to be fair. It is hard for us if we have a big btc and we will convert it to a real money.
I don't find it too high. It actually depends on how much you transfer. Actually as the value of btc is increasing fees is not too much . it is quite okey for me . but bitcoin transfer is so easy than other .
During BTC forks and etc when BTC net is too loaded the transaction fee may be up to 10-20 $. In my opinion currently BTC transaction fee is rather high comparing with other criptocurrencies (for ex., ETH).
I don't find it too high. It actually depends on how much you transfer. Actually as the value of btc is increasing fees is not too much . it is quite okey for me . but bitcoin transfer is so easy than other .
Since it isn't a permanent figure like 0,1% and they keep changing the figures, it is absolutely not fair. The miners fee is getting out of hand. With more and more unconfirmed transactions going on, they keep stepping up the fee over and over again. In some wallets like jaxx, exodus etc you dont even have much control over the fee, whatever the standard fee at that time is that fee get's shown when you want to do a transaction. Last week I paid 0.004 BTC for a transaction of 0.025 BTC, so yeah, paying over 30$ for a transaction of 150$ should not be called a fee but a robbery instead. It has become nothing but racketeering with the miners as the digitised form of maffia.
My transaction that I'm talking about: https://blockchain.info/tx/c33a27bae2b3d6aeef4de1c99312e27cb0c1307b045345e1939b1c3072fea9f1
My transaction that I'm talking about: https://blockchain.info/tx/c33a27bae2b3d6aeef4de1c99312e27cb0c1307b045345e1939b1c3072fea9f1
I see these fees as a huge problem and the biggest obstacle for btc to become a daily used coin.
BTC and the blockchain are relatively new, I'll keep the optimism, and wait that new implements, like the lightning network could solve this.
BTC and the blockchain are relatively new, I'll keep the optimism, and wait that new implements, like the lightning network could solve this.
I agree with the issues on the fees being high for some transactions. Hopefully they do implement the lightning network into bitcoin itself and not some knock off. In any case i keep some ethereum and bitcoin on exchange like coinbase. Then i just get the shift debit card and link it for ability to use on normal everyday spending if i choose.
For me its a bit fair for now. Before I enjoy transacting because there are only a small amount of transaction fee for my transactions thats why I love sending small amount of btc. But now the price is quite rising. One time on blockchain I sent a bitcoin to a gambling site and the fee was freakin high. I was shocked that time ,but it only happened to me one time
Yeah, I'm sure everyone can agree with the fact that the fee of bitcoin transactions is quite justified as compared to other trading vendors. The rate will eventually go up, but it's totally fine to trade with BTC currently, I would vouch for transferring smaller amounts at a time to tackle high fees.
yes it is 
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I see these fees as a huge problem and the biggest obstacle for btc to become a daily used coin.
BTC and the blockchain are relatively new, I'll keep the optimism, and wait that new implements, like the lightning network could solve this.
BTC and the blockchain are relatively new, I'll keep the optimism, and wait that new implements, like the lightning network could solve this.
I agree with the issues on the fees being high for some transactions. Hopefully they do implement the lightning network into bitcoin itself and not some knock off. In any case i keep some ethereum and bitcoin on exchange like coinbase. Then i just get the shift debit card and link it for ability to use on normal everyday spending if i choose.
All the exchangers have escalated the transaction fee. I do not know the reason. since every thing about cryptocurrency is decentralized no body can actually question the administrations of most of those exchangers.
I think it is very fair, currently the transaction costs around 12k satoshi (I use wallet blockchain.info), or if judged then no more than $ 1 for a single transaction, when compared to banks of course the cost of bitcoin transaction is very small and cheap.
No more than $1 per transaction? A few days back, one of my friends paid $20 for a single transaction and it got confirmed after 4 hours. Don't beat around the bush. Just admit it. The fee is too high, when compared to the other payment mediums such as Paypal, Visa and Master.
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