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Topic: Transaction price Bitcoin - page 2. (Read 2416 times)

sr. member
Activity: 644
Merit: 364
In Code We Trust
July 01, 2020, 11:04:26 PM
The development of bitcoin from Legacy to Segwit does really improve the efficiency of transactions but it doesn't mean that all of the transactions will be this good, it also depends on how you manage your wallet address. In my experience, I noticed that when I used many wallet addresses from the same seed, it cost more transaction fees. Also, network congestion does also affect the fees, so make sure that we are transferring funds in time that we think that many will not choose.
sr. member
Activity: 1204
Merit: 270
Hire Bitcointalk Camp. Manager @ r7promotions.com
July 01, 2020, 10:25:22 PM
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!
Yes it is true. It's been behaving like that for the last few days. It remains to be seen how long this will last. Usually it is associated with increasing demand for Bitcoin.


I agree with you that this will further increase the demand for Bitcoin. However, it is great news that the commission was much less in the case of transactions If the demand for Bitcoin increases there may be a fee.
hero member
Activity: 1260
Merit: 504
July 01, 2020, 10:08:12 PM
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!
Yes it is true. It's been behaving like that for the last few days. It remains to be seen how long this will last. Usually it is associated with increasing demand for Bitcoin.
newbie
Activity: 14
Merit: 0
July 01, 2020, 01:13:26 PM
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.
sr. member
Activity: 1204
Merit: 270
Hire Bitcointalk Camp. Manager @ r7promotions.com
June 24, 2020, 05:16:00 AM
I agree with you that transactions with crypto through blockchain technology are becoming much easier now that the demand for crypto investments is increasing Fees for bitcoin transactions are much lower now than before. Almost every site is improving a lot and reducing the number of fees a lot to increase the demand Fees are much lower now and fees are much easier to transfer without any commission.
copper member
Activity: 1815
Merit: 1004
PredX - AI-Powered Prediction Market
June 24, 2020, 05:07:57 AM
Yes bitcoin transaction amounts have improved over the time and now traders can send or receive bitcoins by paying very small  transaction fees. This is a one step forward towards the bitcoin adoption and I think the speed of transactions would be faster than now with the introduction of lightning network. In past people used to pay heavy amounts to transfer bitcoins but now it has become more convenient for people to send or receive btc by paying very low fees.
newbie
Activity: 22
Merit: 0
December 10, 2018, 11:10:26 AM
maybe will price down if many people using that and rise up if few people doing that, and to those people for doing job will many coin income.
member
Activity: 392
Merit: 39
October 30, 2018, 06:32:22 AM
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!
good news, this is just the beginning of the future of bitcoin, maybe in the future it will be faster in transactions and also the fee will be cheaper. we all look forward to a bright future
The future is already here. After several years of testing since 2015 the Liquid Network sidechain for the bitcoin blockchain was launched 27 sep. It aims to allow for faster transactions. You can read about it here https://blockstream.com/liquid/faq/
Another LN?

Anyway, when I click the link, I get 404 Error, you might want to fix this
full member
Activity: 448
Merit: 100
October 18, 2018, 04:33:53 AM
This is indeed a good development. My previous transfer was considerably fast too but I felt it could be faster because equivalent amount of Ethereum went faster. How soon is the lightning network going to apply to bitcoin transfers? A lightening speed and low fee will give bitcoin the edge.
full member
Activity: 696
Merit: 100
October 18, 2018, 03:59:19 AM
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.
newbie
Activity: 32
Merit: 0
October 18, 2018, 03:32:14 AM
I' happy to hear that. This is one of the feature which make BTC attractive than any other kind of currency payment.
newbie
Activity: 66
Merit: 0
October 18, 2018, 03:09:10 AM
There are a lot of factors which determine the cost and the speed of transaction. Basically, all deals are processed and verified by miners. They may choose which transaction to confirm at first. Obviously, they choose ones with higher fees, because they earn on them. When the network load is low, users can send/receive money at a low cost and with high speed. But it is temporary and depends on the number of transactions and users. Potential high loads will bring us back to insane fees and slow processing. However, there is Lightning Network which should be launched soon to make Bitcoin transactions really fast and cheap. That could be achieved because transfers would not be confirmed by miners and would be based on smart contracts. I’m waiting for this solution. What do you think about it?
hero member
Activity: 900
Merit: 503
October 14, 2018, 11:14:35 AM
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!
Probably you were just lucky, because generally transactions with such low fees take much more time to be processed.
Though I can remember somebody showed a screenshot of transaction where 45k btc were sent for 4 dollars only - yeah, that was really amazing.
sr. member
Activity: 644
Merit: 250
October 14, 2018, 10:22:05 AM
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 backlog spam transactions are already been solved. Those group that wants Bitcoin to go down didn't succeeded at all because even if Bitcoin fall, their altcoin follows the chart of bitcoin.
member
Activity: 245
Merit: 10
October 13, 2018, 02:27:43 PM
Very good, I hope this can sustain a long time. motivation for transactions. You can now trade bitcoin and pay a very low fee and the speed for the transaction is also very fast. These are the factors for bitcoin development in the future.
jr. member
Activity: 98
Merit: 1
October 13, 2018, 02:13:40 PM
The transaction cost of bitcoin varies depending on the particular exchange or wallet that one is using. Most exchanges still charge high transaction fees. The future of the world's finances lies in bitcoin. I believe the transaction fees would be relatively be affordable as the popularity of bitcoin goes far.
full member
Activity: 490
Merit: 105
October 13, 2018, 12:26:17 PM
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!
good news, this is just the beginning of the future of bitcoin, maybe in the future it will be faster in transactions and also the fee will be cheaper. we all look forward to a bright future
The future is already here. After several years of testing since 2015 the Liquid Network sidechain for the bitcoin blockchain was launched 27 sep. It aims to allow for faster transactions. You can read about it here https://blockstream.com/liquid/faq/
sr. member
Activity: 882
Merit: 252
October 13, 2018, 11:41:17 AM
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!
good news, this is just the beginning of the future of bitcoin, maybe in the future it will be faster in transactions and also the fee will be cheaper. we all look forward to a bright future
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
October 13, 2018, 10:58:23 AM
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 what the real system of bitcoin transactions,those issue about high fees and delay transaction happens only when the congestion is indeed,just like what had happen in December 2017 ,but after that everything backo normal.hoping lightning network will be available soon for more positive effect in transacting
member
Activity: 159
Merit: 10
October 13, 2018, 10:51:34 AM
Bitcoin purses as widely used as Blockchain are offering a fee of 55 Satoshis / byte, which is higher than the $ 1 level for mid-range transactions. While just a month ago, the Bitcoin transaction fee went up to $ 30, especially on wallet platforms and SegWit's non-integrated platform.
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