Topic: Is bitcoin transaction fees fair? - page 34. (Read 36260 times)
I really hope segwit will eventually make the network stronger and trigger lightning network, so we pay lower fees.
It is feared if bitcoin prices continue to skyrocket will make users experience constraints in their minimal transactions, the increased fee is fixed, although bitcoin prices decreased. This will be a serious problem in the future and will make some traders shift their focus on altcoin fees.
I think its fair and I never questioned it,, depend on the movement of bitcoin value and how faster the transfer going you choose,, if you think the fee is too high you can choose the lower fee with low fast transfer to
As at the last time I carried out a transaction which is not even too long ago, I think the fee is pretty fair to me and I don't think I can get anything lower than that from all the other options available to transfer funds to another country where I transferred about .2btc and the fee paid was even not up to $5 in which timing is not too long.
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.
it would be better if that happen but in reality , the higher the bitcoins value will also result to a higher fee plus the the fee is also damn high when you cash out you money after you exchange it. i think that its not fair and it should be fix as soon as posible because we are working much harder to earn bitcoins but they seems to be more richer than us.
I think its fair to take transaction fees . if there is many benifit for u to save and safe your bitcoin its their right to take some fees from you. They are worthy of it.
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 the rise of transaction fees is just fair because bitcoin price rate also rises which means greater opportunity to gain and earn an income. It is not fair if we bitcoin users are earning big but those people who are behind the processing of our transactions which are the miners are just earning a little amount because we prefer of paying low transaction fees for the transaction process to be done as soon as possible. The rise of the price rate is pretty nice so as is with the transaction fee rate. They must both come along with the rise so that both parties between the users/consumers and the miners will be just fair and equal so no one will be left behind and just one party will be dominant over the other.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.
Just like western union also has high transaction fees, the people who want to send money to the other part of the world searched for other transaction methods.
I think it's not fair. For those who are poor we are not able to transact because of the high fee per move to another wallet. So what can we do now? if this can not be resolved? So it's true that bitcoins are for the rich. How are the poor people hoping for bitcoins? How can I now earn the 20 $ amount of their bitcoins reduced by 5 $. Hopefully this will be resolved in november and we are free to use bitcoins.
Fees are not so high anymore, have drastically reduced since big blockers stopped spamming the network. I have seen cases of transactions being confirmed with very low fees.I also think we have not yet seen the full segwit potential, since there are many miners who are not mining segwit blocks yet.
I think it's not fair. For those who are poor we are not able to transact because of the high fee per move to another wallet. So what can we do now? if this can not be resolved? So it's true that bitcoins are for the rich. How are the poor people hoping for bitcoins? How can I now earn the 20 $ amount of their bitcoins reduced by 5 $. Hopefully this will be resolved in november and we are free to use bitcoins.
Bitcoin price has started to move forward once again. This is also an reason for the increase in the bitcoin transaction fee, in this scenario people has the mentality to accept the growth and not the transaction fee. Hope the fee increases with time depending on the growth happening with time. I don't find this to be a much bigger price, in some cases small transaction makers will suffer while large volume transactors feel comfortable.
Transaction payment is reasonable, simply because when the price will increase alongside with the identical the transaction charge benefit increases. Expecting a price tag boost and lower in transaction price isn't going to make sense. In my check out most users get the quickest affirmation but quite few transaction get caught to the lagging network producing it unfair
In my opinion bitcoin fees is fair. Because the fees is based on the bitcoin price. When bitcoin value is in mode o low the fees is low and when it's in high value the fees is high. Fees' in bitcoin is depend on the movement of bitcoin value.
For me, it is also fair (the bitcoin transaction fee). If transaction fee is really a big concern, I would suggest that peole will transact less and if they do, it should be a carefully planned transaction so that they can get away with fees for several transactions.
Seems fair to me, considering that you can instantly transfer to anyone in the world.
But, for now, micro transactions, aren't practicable.
But, for now, micro transactions, aren't practicable.
In my opinion bitcoin fees is fair. Because the fees is based on the bitcoin price. When bitcoin value is in mode o low the fees is low and when it's in high value the fees is high. Fees' in bitcoin is depend on the movement of bitcoin value.
For me, it is also fair (the bitcoin transaction fee). If transaction fee is really a big concern, I would suggest that peole will transact less and if they do, it should be a carefully planned transaction so that they can get away with fees for several transactions.
In my opinion bitcoin fees is fair. Because the fees is based on the bitcoin price. When bitcoin value is in mode o low the fees is low and when it's in high value the fees is high. Fees' in bitcoin is depend on the movement of bitcoin value.
I think that the commission for transactions is fair. Bitcoin is a currency that provides an opportunity to get rich in a short time and the absence of a commission or a low commission will be unfair.
That is correct. If you are already making lots of money because of bitcoin, it would sound fair if you even pay more transaction fees as a way to tip miners for their work which makes you cash out a possible.
I think that the commission for transactions is fair. Bitcoin is a currency that provides an opportunity to get rich in a short time and the absence of a commission or a low commission will be unfair.
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.
Yeah It seems that you are right because we have the same problem, my problem is also the transaction fees in bitcoin. The transaction fees nowadays are really expensive and really high. I hope that the transaction fees become cheap. 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 bitcoin transaction fees are not much expensive as compared to other forms of transactions. The main issue is the transaction fees are calculated on regard to the number of transaction regardless of its value and hence the fees might be high.
Yes, even we send a small amount of bitcoin then the fee is still the same but it is not a big deal because to save some bitcoin on paying fees then just transact or send bitcoin when it is a big amount of money but if the fees are more expensive than the usual money transfer system then just use the traditional way to save some bitcoin and also money.
For me the transaction fee of the bitcoin is not fair because the transaction is always expensive. I really pissed off to the high fees that I always paying when I transferring my bitcoin.
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