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Topic: Recently reduced transaction fee - page 2. (Read 1578 times)

sr. member
Activity: 569
Merit: 250
August 20, 2018, 09:29:52 AM
#45
maybe because now few people start using bitcoin as a transaction and transaction costs are cheaper.
I think this has something to do because Arabic prohibits bitcoin and because the price of bitcoin is now down, so people prefer to secure their money at TUSD some time ago
newbie
Activity: 196
Merit: 0
August 15, 2018, 01:51:09 AM
#44
Too many exchanges lead to competition. Traders will turn their backs on trading floors with high transaction fees as the basis for many floors to lower their transaction fees. Grin
member
Activity: 700
Merit: 11
send and receive money instantly, with no hidden c
August 15, 2018, 01:03:00 AM
#43
Fee for bitcoin and altcoin is currently very attractive! Market seems more bleak! Need for change to restore!
i agree with you,
indeed a very big change is needed to restore it.
i really hope that in the next few months the market will recover again like a few months ago.
full member
Activity: 350
Merit: 100
August 15, 2018, 12:13:36 AM
#42
The transaction charge of bitcoin is one of its great edges against other installment processors. At various circumstances of the day however, the expense may increment contingent upon what number of exchanges are being handled. Normally, the excavators would choose exchanges with higher expenses, so it may take a while for a portion of the low-charge exchanges to get affirmed, yet in the end it will go through. There are likewise cases in which the system is loaded up with spam exchanges, however doing this in the present circumstances would simply be a critical exertion in making a point.
newbie
Activity: 96
Merit: 0
August 15, 2018, 12:06:57 AM
#41
I see a lot of coin has very low transfer fee. TRX only charges 1 TRX, XLM charge is 0.5XLM. You should consider to use them will be more profitable
jr. member
Activity: 294
Merit: 1
August 15, 2018, 12:04:18 AM
#40
This is because of low amount of transactions today. The highest price for transaction fee was in January 2017, when the capitalization of the market was the biggest of all time.
member
Activity: 420
Merit: 10
August 14, 2018, 11:59:34 PM
#39
I am start thinking what btc is really currency with their advantages (fast and cheap transactions) only when price low and people lose interest for him.
full member
Activity: 2576
Merit: 205
August 14, 2018, 11:57:46 PM
#38
Hmmm....this is really great

How sweet could it be if it will be and continue like this.
Yesterday i wanted to send 200$ to my trading wallet and i saw just 0.27$ as the transaction fee.

Unbelievable!!!


That's a good news and that is also fair for us during time of price decrease during the bitcoin value dropping
And hope all exchange follow to the exchange do you use give low cost transactions fees as consediration at this recent dropped value of cryptocurrency.
member
Activity: 580
Merit: 43
August 14, 2018, 11:56:05 PM
#37
yes you are right the fee is currently very cheap because the current bitcoin transactions are so small that it makes bitcoin very cheap when sending, the cost of bitcoin will be very expensive when bitcoin transactions are crowded.
full member
Activity: 1110
Merit: 104
August 14, 2018, 11:39:16 PM
#36
maybe that's because not many people make transactions, so making transaction costs small, but I think if many people make transactions, transaction costs will also increase again.
member
Activity: 378
Merit: 16
August 14, 2018, 11:26:53 PM
#35
0.27 it's very cheap, lastly I used Bitcoin to buy goods from someone in Europe, using a fee of 15 USD
BTC price is 15k USD, and fee is 0.001
maybe now I am again interested in using BTC again after learning that the transaction fee turned out to be cheaper
newbie
Activity: 294
Merit: 0
August 14, 2018, 11:17:23 PM
#34
If it happens like that it might benefit us who save to the wallet, but admin fees can occur following the state of the bitkoin rises! maybe like that !
sr. member
Activity: 511
Merit: 250
August 14, 2018, 10:48:30 PM
#33
Hmmm....this is really great

How sweet could it be if it will be and continue like this.
Yesterday i wanted to send 200$ to my trading wallet and i saw just 0.27$ as the transaction fee.

Unbelievable!!!
if that happens I think it's good and positive news and maybe investors' interest will be even greater in investing
jr. member
Activity: 196
Merit: 1
August 14, 2018, 10:35:06 PM
#32
The decline in transaction costs will make Bitcoin better become the world currency. At the end of the transaction cost, bitcoin handling speed will increase, which will make people more desire to use Bitcoin.

Exactly. This just proves how bitcoin transactions are more practical and efficient to use –all important features of a future, digital currency
newbie
Activity: 210
Merit: 0
August 13, 2018, 09:41:38 PM
#31
depending on the value of the Bitcoin you sent, right.
the higher and the more Bitcoin you send, the greater the cost.

suppose 0.1 Bitcoin is sent, it costs around 50,000 satoshi.
1 Bitcoin is sent, it might cost around 100,000 satoshi.
jr. member
Activity: 252
Merit: 1
July 24, 2018, 02:46:06 AM
#30
Bitcoin transaction fees has totally been reduced and this is a great thing for the industry and cryptocurrency at large. The fees were enormous as at last year and this made people begin to look for alternatives. But now that is reduced, this is a solid news
newbie
Activity: 26
Merit: 0
July 23, 2018, 10:32:45 PM
#29
Is it the truth ? If transaction fee reduced, that must be a very good news for today. Because Bitcoin transaction is really good and totally safe. With the reduction of transaction fee, I believe that there will be more and more people use bitcoin
newbie
Activity: 162
Merit: 0
July 20, 2018, 06:47:09 PM
#28
Transactions fees varies from one exchange to the other and one wallet to the other. Am sure you sent your transactions through the blockchain wallet because they charge the least transaction fees  from my experience.
legendary
Activity: 1932
Merit: 1273
July 15, 2018, 04:30:36 AM
#27
The decline in transaction costs will make Bitcoin better become the world currency. At the end of the transaction cost, bitcoin handling speed will increase, which will make people more desire to use Bitcoin.
currently, the scalability is the main issues until the lightning network implemented. I don't think cheap transaction cost satisfy mainstream. It's completely different when Bitcoin was congested. It still indicated bitcoin still has the scalability issues.
newbie
Activity: 32
Merit: 0
July 15, 2018, 03:51:54 AM
#26
At different times of the day, charges may increase depending on the number of transactions being processed. There are also cases where the network is filled with spam transactions, although doing so at the present time will only be a serious attempt at making a point. I think the fees fluctuate over time. I have seen this happen in the past so I decided not to go ahead. I waited until 3am this morning and tried again. It made me feel relieved.
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