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Topic: Transaction price Bitcoin - page 10. (Read 2411 times)

sr. member
Activity: 1582
Merit: 279
PredX - AI-Powered Prediction Market
May 03, 2018, 04:53:24 AM
#28
Of course, bitcoin transactions are now more expensive because indeed any rising bitcoin price also has an effect on the transaction. different from the first when bitcoin still cheap every transaction need not be expensive
newbie
Activity: 224
Merit: 0
May 03, 2018, 04:45:10 AM
#27
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!

are you sure about that? i am doubt if you say the transaction took only 10-20 seconds.
it is not even 1 blocktime of bitcoin. how can you do that ? and the fee is too low.  Huh
member
Activity: 154
Merit: 12
May 03, 2018, 02:00:06 AM
#26
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!

it is because you convert the fees to dollar. depends on the price of bitcoin, the fees could be high if bitcoin price high.
last year at dec, bitcoin fee was very high because bitcoin price was very high against USD too.

I do not think that last year, when the price of bitcoin was about 20,000 dollars, the transactions were expensive in this regard. I think that you do not quite understand what the price of the transaction depends on and why it was so high half a year ago
member
Activity: 523
Merit: 10
YOUC - https://www.youengine.io/
May 02, 2018, 09:28:55 PM
#25
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!

it is because you convert the fees to dollar. depends on the price of bitcoin, the fees could be high if bitcoin price high.
last year at dec, bitcoin fee was very high because bitcoin price was very high against USD too.
hero member
Activity: 2268
Merit: 507
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May 02, 2018, 04:51:56 PM
#24
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 nice and where are those complainants that are keep on whining out about the transaction fees?
When there are news like this they never appear.
But when there are attacks on the network and it's being spammed, they'll complain.
 Roll Eyes
hero member
Activity: 966
Merit: 501
May 02, 2018, 04:48:45 PM
#23
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!
we all know that transaction cost is one of the advantages bitcoin has, and nobody tells us that bitcoin's price is helping on the profit we can have .. even if we do not use it for anything
member
Activity: 336
Merit: 20
May 02, 2018, 04:44:20 PM
#22
I do bitcoin transfer also only with 100k. and that is a very cheap transaction fee.

and this is a bitcoin excess that makes many people feel satisfied with bitcoin service.
in the future, I hope bitcoin service will be more maximal again because bitcoin will be used as a global payment.
newbie
Activity: 210
Merit: 0
May 02, 2018, 04:34:22 PM
#21
It's really good news! Cool
Bitcoin is now really very undervalued!
Hopefully the future will continue to be easy to transact.
It's have a great future! Wink
hero member
Activity: 2870
Merit: 594
May 02, 2018, 04:28:42 PM
#20
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!

LOL. Where are you living at? Under the rock?

It's been like that since early this year specially when bitcoin price nose dive and if you are going to used Segwit, the transaction fee could be way more cheaper and faster. Also the network spam has stopped and as far as I know, trading exchanges are also moving to Segwit and batching their transactions that's why the network is not that clogged. You may also want to visit this website to see how the mempool is during and figure how much fee to pay: (https://jochen-hoenicke.de/queue/#0,24h)
hero member
Activity: 3024
Merit: 651
May 02, 2018, 04:24:37 PM
#19
It should be how the normal bitcoin transaction should be.
I dont know what shit happens that made it so high when it comes to just sending to someone.
Bitcoin is meant for this and this should be seen by people.

Look at its difference with how much a money transfer company will get from a thousand dollars of transaction. Then they could compare and see the truth.
newbie
Activity: 154
Merit: 0
May 02, 2018, 04:04:56 PM
#18
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 definitely one of the good thing to see. If the transaction of bitcoin becomes cheaper and faster, this will certainly increase the value of bitcoin much more. I know geeks are working on Lightning network on top of bitcoin.
hero member
Activity: 1330
Merit: 569
May 02, 2018, 04:02:32 PM
#17
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!


Its good that its happening this way and yours a even a little expensive because in my own case, I also transferred an amount close to your range at about 8 cents and before I remembered to check back, it already had 1 confirmation which didn't take too long to complete the process. When we see situations like this and we are happy we should not forget the trying times when transaction fees are so high to have swallowed the amount intended to transfer with unending waiting time. We should not be shy to appreciate those who made it possible because without them coming to offer solution by various development among which include SegWit, LN etc, we would have been signing a different song and whinning about how bitcoin is the worst of all crypto currency.
copper member
Activity: 2968
Merit: 575
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May 02, 2018, 03:38:08 PM
#16
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 means that big change are happening in bitcoin right now, with this change many would love to make their transaction here. I think bitcoin will deliver more aside from this one.
Lol. You got to be kidding me. This means nothing, pffftt.. let alone "your big change". This just indicates that the network right now not being spammed, which was the prime reason for higher fees last few months.  And read what franky1 posted. Makes a lot of sense.
newbie
Activity: 145
Merit: 0
May 02, 2018, 11:45:54 AM
#15
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 means that big change are happening in bitcoin right now, with this change many would love to make their transaction here. I think bitcoin will deliver more aside from this one.
full member
Activity: 257
Merit: 100
May 02, 2018, 11:40:00 AM
#14
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's really a good news for everyone  the transactions fee is so low now we afford the amount of fee to withdraw bitcoin.  hope not to increase the fee of transaction. that's information is really cool.
member
Activity: 420
Merit: 10
May 02, 2018, 11:20:50 AM
#13
I remember last years situation when i pay 10$ for transferring 20$.
Hope this days not back when btc hit 20k again
full member
Activity: 350
Merit: 100
May 02, 2018, 11:18:50 AM
#12
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 transaction fees have improved tremendously in favour of all investors and traders. Its just amazing to send 5000btc with a transaction as a low as 190 sat. Besides transaction speed is also commendable; I think its a step in the right direction for all bitcoiners
sr. member
Activity: 744
Merit: 266
May 02, 2018, 11:02:33 AM
#11
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!
These timings will only get better in future with the launch of lightning network. The prices depend on the wallet you're using. For example MEW hardly charges anything for transfers while some exchanges charge up to 0.001 per transaction.
legendary
Activity: 4270
Merit: 4534
May 02, 2018, 10:58:29 AM
#10
lets see how long it takes before core fan boys pretend segwit and LN caused cheap prices.

even though the reality is that spam from mixers caused high prices to pretend segwit/ln was needed, just to force the bilateral split
major spam vents always happen when core need the community to react and upgrade to their bip
summer 2016(bip68+112), november 2016(sw'bfore christmas push'), summer 2017(bilateral split due to sw stagnation of only~35%)
coincidence?.. nope

oh and lets not forget now the spam has died because gmax told his mixer pals to calm it down post split.
that segwit utility and LN usage is below 10% so caused no actual impact.
https://blockchain.info/charts/avg-block-size?timespan=180days

yea even the big segwit advocates of BTCC have yet to trust segwit enough to put their block rewards on segwit addresses
1* address not bc1q* address
https://blockchain.info/block/0000000000000000000bff3438191e837cbd2870d049a3f9aeb5b922afd921dc
legendary
Activity: 2646
Merit: 3911
May 02, 2018, 10:14:55 AM
#9
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!
I think you know that the transactions fees don't depend on the corresponding value in dollars. (you can send 500$ and 5000$ using the same fees)
fees are low for a while "I think since the end of January." https://bitcointalksearch.org/topic/m.29228128
The current progress in the lightning network[1] makes the fees go down for a long time. Let's enjoy the low fees

[1] Read more https://blockstream.com/2018/04/30/eltoo-next-lightning.html
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