Topic: Transaction price Bitcoin (Read 2416 times)
with eos transactions are free that's what I've learnt last few days
At this point in my Bitcoin journey I am happy if i can just send a transaction paying a few dollars.
The days of paying a few cents are long gone I believe. Unless we take a maker hit in the price which is doubtful at this point since I see a price rebound ever since the recently 29k price earlier today.
The days of paying a few cents are long gone I believe. Unless we take a maker hit in the price which is doubtful at this point since I see a price rebound ever since the recently 29k price earlier today.
sure the price of btc fell and commission fell also
When this topic was created in 2018, Bitcoin was being dumped at $ 8000. So it's only natural to have low transaction costs, and the transaction
speed was also very fast at that time. But things are very different now, the price of Bitcoin has managed to rise above $ 40k. Although it is
currently undergoing a correction to the price of $ 34k. With the already high Bitcoin price, transaction fees are much more expensive, and
transaction speeds are also getting longer, taking several hours for the transaction to be successful. This happens because Bitcoin users have
increased dramatically, hopefully in the future a solution can be found. So that Bitcoin transaction fees are cheap and fast again.
speed was also very fast at that time. But things are very different now, the price of Bitcoin has managed to rise above $ 40k. Although it is
currently undergoing a correction to the price of $ 34k. With the already high Bitcoin price, transaction fees are much more expensive, and
transaction speeds are also getting longer, taking several hours for the transaction to be successful. This happens because Bitcoin users have
increased dramatically, hopefully in the future a solution can be found. So that Bitcoin transaction fees are cheap and fast again.
Transaction speed also depends on the blocks being mined. If a new block is mined within 30 seconds of your transaction, then your transaction may get confirmed within that much time. But a few days back, I had to wait for more than 1 hour (despite putting a very high transaction fee), because no block were being mined during this period. And those who put lower transaction fee had to wait for a long time, because a lot of transactions were in queue by the time the next block was mined.
When this topic was created in 2018, Bitcoin was being dumped at $ 8000. So it's only natural to have low transaction costs, and the transaction
speed was also very fast at that time. But things are very different now, the price of Bitcoin has managed to rise above $ 40k. Although it is
currently undergoing a correction to the price of $ 34k. With the already high Bitcoin price, transaction fees are much more expensive, and
transaction speeds are also getting longer, taking several hours for the transaction to be successful. This happens because Bitcoin users have
increased dramatically, hopefully in the future a solution can be found. So that Bitcoin transaction fees are cheap and fast again.
speed was also very fast at that time. But things are very different now, the price of Bitcoin has managed to rise above $ 40k. Although it is
currently undergoing a correction to the price of $ 34k. With the already high Bitcoin price, transaction fees are much more expensive, and
transaction speeds are also getting longer, taking several hours for the transaction to be successful. This happens because Bitcoin users have
increased dramatically, hopefully in the future a solution can be found. So that Bitcoin transaction fees are cheap and fast again.
Today I was amazed at how low the commission was when transferring 0.07 bitcoins. Only 192 sat !!! The transfer took about 10-20 seconds. It's very, very cool. About $ 650 for $ 0.017 - this is something! Bitcoin is the future!
Well, that's great. But perhaps you are using a wallet and exchange that uses a lightning network that is why it has got low transactional fees yet even transfer faster. You should take this opportunity to process your transaction that could save you a lot of fees. Fees were not that high honestly, it might increase due to heavy traffics on transactions for a while but sooner or later this will go back at a cheap price again. Lightning networks are more likely the solutions for high fees and low speed that is why it is recommended to use when there's heavy traffic on the network.
now we won't see this low commission it is impossible
indeed was low I used to pay a few dollars for this transaction
Today I was amazed at how low the commission was when transferring 0.07 bitcoins. Only 192 sat !!! The transfer took about 10-20 seconds. It's very, very cool. About $ 650 for $ 0.017 - this is something! Bitcoin is the future!
The things have changed a lot since 2018. Now the average transaction fee is about $12. 
when I see those posts when they say that they paid really small money for millions they've withdrawed I so surprised Today I was amazed at how low the commission was when transferring 0.07 bitcoins. Only 192 sat !!! The transfer took about 10-20 seconds. It's very, very cool. About $ 650 for $ 0.017 - this is something! Bitcoin is the future!
This is very good news. As I said before, the bitcoin transition price will return to its previous place. It's just that the bitcoin transaction fee goes up a lot of the time but it's for a while. When the transaction price of Bitcoin increases, it soon returns to its former place. Just be patient when the bitcoin transaction price goes up.
If the transaction fee goes high then it might be good just to hold btc in that certain wallet and avoid doing transfer unless it is very needed or when one had already gaining profits.
Today I was amazed at how low the commission was when transferring 0.07 bitcoins. Only 192 sat !!! The transfer took about 10-20 seconds. It's very, very cool. About $ 650 for $ 0.017 - this is something! Bitcoin is the future!
This is very good news. As I said before, the bitcoin transition price will return to its previous place. It's just that the bitcoin transaction fee goes up a lot of the time but it's for a while. When the transaction price of Bitcoin increases, it soon returns to its former place. Just be patient when the bitcoin transaction price goes up.
Today I was amazed at how low the commission was when transferring 0.07 bitcoins. Only 192 sat !!! The transfer took about 10-20 seconds. It's very, very cool. About $ 650 for $ 0.017 - this is something! Bitcoin is the future!
That is great, transaction price of bitcoin became low already. I hope it won`t go high again like this past years and months, the transaction fee was very high.
Today I was amazed at how low the commission was when transferring 0.07 bitcoins. Only 192 sat !!! The transfer took about 10-20 seconds. It's very, very cool. About $ 650 for $ 0.017 - this is something! Bitcoin is the future!
That was really a great news although it was quite sometime when this thread have been started, I hope that the price transaction for Bitcoin is somehow cheap and the transaction will be seamlessly fast to be confirmed. But Bitcoin transaction price do really depend on the exchanger you will be using for they have their own set price for every transaction so maybe someone would do comparison that he have never experienced doing transaction at low price. Well there would be really cases that transaction fee are expensive and cheap depending on the exchange and the amount you are going to do transaction with.
If you do want your transaction to be confirmed easily, then you have to spend a little bit pricey to be able to do that. Though expensive, it is worthy if you are really in an urgent. But low price transaction is good as well but it will take time but still it would be transacted in a moment.
I was a little surprised because I saw the time of this thread and the current transaction fee. seen feenya currently still the same between 25 - 35 sat bytes and depends on the number of input in each transaction. And for some wallet providers also set a standard amount for their own fees and that sometimes varies by wallet provider. The point is that bitcoin transaction fees are still expensive, especially for fees that use wallet exchangers.
Today I was amazed at how low the commission was when transferring 0.07 bitcoins. Only 192 sat !!! The transfer took about 10-20 seconds. It's very, very cool. About $ 650 for $ 0.017 - this is something! Bitcoin is the future!
That is great, transaction price of bitcoin became low already. I hope it won`t go high again like this past years and months, the transaction fee was very high.
Thats very good news! i was scared to trade my coin in shortterm because i was anxious i will lone grasp injury for the reason that of transaction fees.. but with your news, i will reconsidered my resolution and plot to trade perhaps double a week now.
The transaction of bitcoin has become more faster and it's transaction fee has become less , but I think in time coming the transaction might rise because bitcoin price may rise soon and if it does the transaction fee will also increase too.
About $ 650 for $ 0.017 - this is something! Bitcoin is the future!
Did you miss anything here? Was it like 65 cents for transacting 0.017BTC or something? Anyway, after the time you mentioned, transaction fees skyrocketed and then slowly coming down. I checked last week it was around 20 sat per byte but right now it is 35 sat per byte; it keeps fluctuating. Still, it's no longer something new. It happens like almost all the time.There are times when you will be making transactions and once you send it the money will be sent and confirmed within a very short time. I make use of Blockchain wallet, when making a transaction it's usually the regular fee option that I go for and when I click on it, it shows that the transaction will take around one hour. But there are times I will send and the transaction will deliver almost at the same time. So, it's based on the network being less busy. When there are too many transactions then you will have to pay more.
Today I was amazed at how low the commission was when transferring 0.07 bitcoins. Only 192 sat !!! The transfer took about 10-20 seconds. It's very, very cool. About $ 650 for $ 0.017 - this is something! Bitcoin is the future!
Bitcoin transactions sometimes goes really hard up because of the market movement also,there are times that the Prices changes Big in value so the fees also goes congested.i have witnessed the Highest transaction fee in 2017(in which i believe happens also this year)
You were truly lucky. Bitcoin is extremely used blockchain, cause of its popularity and that people don't know any other blockchain where they can have faster and much cheaper transactions. If you want to have same cheap transactions of even cheaper use Lightning Network - 2nd BTC layer which makes almost instant transactions for only few satoshis - try it out.
You will see when the BUll returs,for sure you will find what is opposite about this thread.Thats how the Market goes and we must be ready about that.
Jump to: