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.
Topic: Is bitcoin transaction fees fair? - page 57. (Read 36260 times)
This process is a little bit risky, and we can not save more money. The transaction fee is high for low amount transfer people. But it is a fair amount for high amount traders. The problem is the transaction fee is fixed that is the problem. It should be fixed by how much amount we can transfer means ok. But it is not like that for the small or big amount the fee is same that is the problem.
Bitcoin is not good micropayment solution, transaction fee is now more than $1 which completely eliminates reason behind every transaction lower than $1 worth of BTCYou simply do not sent $1 and pay 100% transaction fee. Bitcoin transaction fee is linked to the amount of data being send so as long as it is low it should be better option than standard percentage fee.
Yes, the Tx Fee has been increased considerably and what more bad is that even paying 1 to 2$ tx fee, we still have to wait for a considerable long time for the transaction to be confirm. What makes me more worry that as bitcoin is getting used more and more daily, it has become slow in confirming with even more fee. what will happen if it continues like this ?
Yes it is fair.Because BTC price is increasing and for that fee are increasing.When BTC price going to down,fees will also go to down.
No bro. They are not fair at all. The fees are very stupid and because of those chinese lunatics, we can never ever have a fair fee. How can you accept to pay $1 fee for a $0.5 transaction. This is ridiculousIt 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.
You know what the real problem of most people that complain about the fees is? It's the fact that they need to pay fees of 50-60K satoshi over a lower amount in faucet earnings. Let me put it this way -- in order to spend 30K worth of satoshi that took you many days to collect, you have to include a fee that is double in size in order to just spend it. That's why they are complaining. I seriously don't understand why people still waste their time on faucets....
Transaction fee is fair, because when the price increases along with the same the transaction fee value increases. Expecting a price increase and decrease in transaction fee doesn't make sense. In my view most users get the fastest confirmation but very few transaction get stuck to the lagging network making it unfair.
i agree with you that bitcoin transaction fees is fair and its not a big issue for me because there is paypal and bank transaction is very much high and i consider that bitcoin transaction is low than other payment system.
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.
With that logic, then when Bitcoin price gets to $10,000, fees (denominated in Bitcoin) will increase even more while it has already increased? That would turn the current fee of 0.00070000 BTC / $1.19 to 0.00150000 / $15. While the current unchanged fee would become 0.00070000 BTC / $7 if price reach $10,000 now.If that is how it is gonna work then I stop using Bitcoin.
Yes it is fair.Because BTC price is increasing and for that fee are increasing.When BTC price going to down,fees will also go to down.
No bro. They are not fair at all. The fees are very stupid and because of those chinese lunatics, we can never ever have a fair fee. How can you accept to pay $1 fee for a $0.5 transaction. This is ridiculousIt 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.
It would sound like a bank system they always charge more and they also delay the work as much as possible for them but with the Bitcoin the case is different at first when it was charging some part of the transaction which was at that time priced low but that same part now is more costly due to the high price also due to the heavy network size but only transactions and not the issue here if you see it clearly then you can identify that we have to do some of chain transactions like the uses transacting from blockchain to there another blockchain account should not be taken fees because they are transacting in their own network this way we can minimise the consumption of fees.
Yes it is fair.Because BTC price is increasing and for that fee are increasing.When BTC price going to down,fees will also go to down.
No bro. They are not fair at all. The fees are very stupid and because of those chinese lunatics, we can never ever have a fair fee. How can you accept to pay $1 fee for a $0.5 transaction. This is ridiculous 
Transaction fee is fair, because when the price increases along with the same the transaction fee value increases. Expecting a price increase and decrease in transaction fee doesn't make sense. In my view most users get the fastest confirmation but very few transaction get stuck to the lagging network making it unfair.
i agree with you that bitcoin transaction fees is fair and its not a big issue for me because there is paypal and bank transaction is very much high and i consider that bitcoin transaction is low than other payment system.
Currently, fees are very high. And it is making Bitcoin useless for everyday spending as a form of payment (grocery store, coffee shop, etc).
At least in my country, paying over $1 as transaction fee for a coffee or other common small spending is very high. I was avoiding Paypal to get my money from a website because they're charging over $1 for fee... But now Paypal is becoming a better alternative for the moment.
But the fees are still great if you need to buy a luxurious car or a yacht.
At least in my country, paying over $1 as transaction fee for a coffee or other common small spending is very high. I was avoiding Paypal to get my money from a website because they're charging over $1 for fee... But now Paypal is becoming a better alternative for the moment.
But the fees are still great if you need to buy a luxurious car or a yacht.
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 t0 send and receive transaction just like before.
the fee is already cheaper than any money transfer service, people who say it's unfair, better get off sending the money by themselves because they always consider the fee even a cent as unfairyes sir! i spent a lot of money on money transfer fees, and the fee they charge on bitcoin is very reasonable compared to money transfer services, bitcoin transaction is faster and cheaper!
Fair has many different meanings, compared with fiat money transfers and fees like western union have ( I used them few times in the past ) bitcoin fees are fair and reasonable. Who doesn`t wish to wait pays a bit more and he have faster transaction, for all the people who don`t like fees can use some wallets without any fee, but don`t complain on a little waiting sometimes.
Many users are not happy with high fees, some even so much that they want to quit using Bitcoin. Sometimes fees are exaggerated but good wallet can solve the issue with proposed transactions fee that will not stop it from beeing confirmed but also that is fair enough. But have the miners become too gready that is another question.
To quite bitcoin using only cause of fees are not small as we all expect? I can understand all this sites and exchangers who take fees from us, they all need money to pay their workers and so on. Unfortunatuly without their support we just can't use bitcoin, it is not fiat, everything is digital and exist on the internet only. Ad we will have to pay for the internet and to pay fees to all sites that support bitcoin circling. 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.
They are depending right now on the price. honestly speaking, its not fair because it looks like were losing our money because of the high transaction fees. But in the other side, i think they have deep more reason why its getting higher right now.
Transaction fee is fair, because when the price increases along with the same the transaction fee value increases. Expecting a price increase and decrease in transaction fee doesn't make sense. In my view most users get the fastest confirmation but very few transaction get stuck to the lagging network making it unfair.
This is reasonable. Because the shipping cost corresponds to the amount of bitcoin we send. The less the smaller the fee we spend. This becomes an advantage when we shop for goods that have a cheap price. This is the reason why bitcoin becomes a revolution for payment in everyday life.OK, so many people complain about what they pay for transactions, but they do not see them correctly. Greed makes them do not see all the problems, even though they have to pay a high fee (USD), but according to BTC, that fee is reasonable.
Transaction fee is fair, because when the price increases along with the same the transaction fee value increases. Expecting a price increase and decrease in transaction fee doesn't make sense. In my view most users get the fastest confirmation but very few transaction get stuck to the lagging network making it unfair.
This is reasonable. Because the shipping cost corresponds to the amount of bitcoin we send. The less the smaller the fee we spend. This becomes an advantage when we shop for goods that have a cheap price. This is the reason why bitcoin becomes a revolution for payment in everyday life. Well to me it's unfair compared to the past few months but if we compare to fiat payment processors I'd say we should give the miners a break because this is far cheaper.
For sums under 50$ it's not cheaper than most other alternatives and for micro payments the fee exceeds already the transferable amount.
Yup but for big money it's the best.
Btc is just the cheapest way to send money to other countries.
But the coin is what's best for big transfer
Bitcoin transaction fee now is for me quite high because of its price , Bitcoins price now is at its highest. Before the transaction fee is very low because bitcoins price before is on a low level.
No. The fee is high now because of the high demand or high amount of transactions in the network and a lot of transactions are unconfirmed so there is a high increase on the fees so the higher fee were gonna have a higher priority. The fee is low back in the past because the amount of bitcoin user is still low so it is an easy task for other miners to confirm transaction. 
Bitcoin transaction fee now is for me quite high because of its price , Bitcoins price now is at its highest. Before the transaction fee is very low because bitcoins price before is on a low level.
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 t0 send and receive transaction just like before.
yes its not fair. But try to put your feet on their shoes right now. maybe you will understand why the fees is getting higher. But im hoping also to be back in to low.
Transaction fee is fair, because when the price increases along with the same the transaction fee value increases. Expecting a price increase and decrease in transaction fee doesn't make sense. In my view most users get the fastest confirmation but very few transaction get stuck to the lagging network making it unfair.
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