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.
I also think that it is not fair, In fact we cannot use bitcoin for small transaction, and that is the reason that we feel reluctant to use bitcoin for shopping small items, To me in past i was using bitcoin for recharging my mobile balance, but after increasing the transaction fee it has now become difficult for me to use it for recharging my mobile using bitcoin, because some time i have to pay more fee than recharging amount. 
Topic: Is bitcoin transaction fees fair? - page 3. (Read 36260 times)
Well, it really depends on what price of bitcoin currently residing. It adjust to the amount of fees when a bitcoin goes up or down. It's pretty fair to me because without fees then it would be useless for our transactions be processed and confirmed by the miners, so it is really essentials to cover all the transaction fees.
The price of transaction fees rised when the bitcoin is in process of increasing of price because they depend it on how much you earn while youre mining a bitcoin. Im not agee to your statement because when they give a lower transaction fee they might be bankcrappe
Yes, the transaction fees are fair but sometimes it’s too much and it is depends on the exchanges site’s fee. The exchanges site must have a meeting or talk regarding the fees that they are implementing, so that there will be a specific amount of fee in a certain amount of bitcoin. Like what you said, when the bitcoin is high, the fee is high also and when the bitcoin is low, the is low also. There should be a fix price of fees for the bitcoin or any other cryptocurrency.
For me it's a fair transaction and eventhough it has that transaction fees, but compared to fiat currency transactions, Bitcoin is fairly lesser than fiat charges. If we compare it in government taxations, Bitcoin is not taxable as well and that is the advantages that Bitcoin has which you cannot benefit from fiat cash government collection system.
For me Bitcoin transaction fees is fair... but just don't transact if you have low bitcoin amount, just wait until your Bitcoin is big enough and you can transact it all at once. In order to save transaction fees.
For me, it is fair. I think you need to forget dust transactions. Bitcoin priced had increased so I guess we need to adjust too. Bitcoin is still the cheapest in my opinion in transferring thousands to millions of dollars worth of BTC. If you are to send dust better to use altcoins for it.
I believe the bitcoin transactions fees are fairly high and that's what is making people look for alternatives. Bitcoin initially started as a payment solution provider but ended up as an investment. So bitcoin looks good as an investment and especially for those whoa re saving bitcoin since long time.
In my opinion, not fair but I think it is reasonable. If you want a faster transaction, you shell out additional fees and lower fees for not so fast confirmations. I think it is not automatically setup but you have to select it manually in your wallet.I hope network improves so that it is convenient to send and receive transaction just like before.
Now this situation has changed for the better thanks to the project Lightning network.
According to me it is indeed a way how they do business with transaction costs, in fact it's a reasonable thing, but if the transaction costs are too expensive then it is unnatural because they are managing too much benefit
It has rose quite a lot in past few years. The only reason for this is high mining difficulty and block reward halving, miners will not earn any profit if they start accepting transactions with low fee like before because of low block reward right now.
i think it is a quit fair. bitcoin transaction fee is high because the price of bitcoin is already high.
in the beginning of bitcoin, the tx fee was very cheap, because bitcoin price still about $1.
in the beginning of bitcoin, the tx fee was very cheap, because bitcoin price still about $1.
Yes I think it's fair, because the fee is for miners. And if you use bitcoin only for small transactions, you better use only dollars. Because a small transaction will frustrate your fee from bitcoin.
Transaction fees are beneficial to those who send a lot of money, because it is calculated based on the size of the transaction. But for those who would like to send a little, the transaction fee seems expensive compared to the time when you have to wait until it is confirmed
Have you checked the fee lately? The last time I checked, it was around 1 Satoshi per Byte, which is equivalent to close to $0.02 per transaction. It can't get any lower than this. Unless you are sending less than $1 worth of coins, it is going to be fine.
Of course very fair, a few minutes ago I sent via Xapo about 0.65 btc or more than $ 4000 and the transaction costs only about 2500 satoshi, this is a very small fee because that bitcoin worthy of international currency.
I will say it is fair because you have to pay for transactions to sustain the blockchain and improve mining and actually you pay for what you want, You can literally transact without a fee and be sure to have it processed like forever.
Transaction fees are beneficial to those who send a lot of money, because it is calculated based on the size of the transaction. But for those who would like to send a little, the transaction fee seems expensive compared to the time when you have to wait until it is confirmed
There is nothing fair in the world. Everything has a dominant power, like the BTC I suspect there is a certain power that is driving the price of the BTC on the market, not the BTC based on supply and demand. If you can accept it then you should continue to invest and do not accept it should withdraw from the BTC market.
I think this topic can now be closed because the transaction of bitcoin is now as low as that of ethereum, I sent out 0.03 BTC about 4 days ago, and to my greatest surprise I spent only $0.03 as transaction fee, I was scared as first thinking that the transaction might not confirm and would remain in the block for months. But the transaction was confirmed within 30 mins from when I sent coin.
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