Transaction price Bitcoin - page 3. | Bitcointalksearch.org

jakezyrus

full member

Activity: 714

Merit: 100

Quote from: Sultanar484 on October 13, 2018, 08:06:47 AM

Yes, you are right. Now bitcoin transaction takes only few minutes and very very little fees. Previously i gave up blockchain for high fees for low transactions but now it is ok for both high and low amount of transactions.

The reason why you experienced that is because bitcoin value is now too low . yes , your right bitcoin fees and overall performance will only depend on its current value .

In case bitcoin will pumped in the few weeks , we should avoid using it for now as a currency but instead we can use other altcoins like litecoin or dashcoin so that we can still avoid the high fees and slow network .

visionE2

full member

Activity: 616

Merit: 118

Quote from: russaa8 on May 02, 2018, 09:17:49 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 the excess of bitcoin than we make transfer and payment through banks, hopefully more and more people can feel the advantages of features than bitcoin

Sultanar484

copper member

Activity: 232

Merit: 10

Yes, you are right. Now bitcoin transaction takes only few minutes and very very little fees. Previously i gave up blockchain for high fees for low transactions but now it is ok for both high and low amount of transactions.

feather7789

newbie

Activity: 98

Merit: 0

there is very less price for bitcoin transaction process, and is very fast compared to banking ledger, because it is working on blockchain technology.

Mhd-Bobbi

member

Activity: 434

Merit: 13

Quote from: russaa8 on May 02, 2018, 09:17:49 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!

Of course a very fast time, but that does not mean that bitcoin is the future.
This bitcoin will continue to grow and will be famous throughout the country.
Transactions are fast because currently there are not many who make transactions, but if many of them make transactions, of course it will take up to 1 hour

Stephanie Fernandes

newbie

Activity: 18

Merit: 0

Although I have heard this news before, I still see that this is encouragement for investors. Once the transaction speed is faster and faster, people will feel comfortable when using Bitcoin. That certainly make Bitcoin market develop quickly in the future. Specially, now there is no altcoin which can replace Bitcoin in the cryptocurrency market.

Lukiti Janete

newbie

Activity: 16

Merit: 0

It's perfect! I hope that in the future transaction Bitcoin speed can be faster more than now. Of course, when the transaction speed runs faster, the price of transaction will be go down. If that, I can sure that Bitcoin is the best cryptocurrency in the market.

Hira1995

copper member

Activity: 42

Merit: 2

Its really a good news for everyone.I hope future transactions will be much easier.

Pan Troglodytes

member

Activity: 392

Merit: 39

Quote from: ranman09 on October 03, 2018, 06:22:44 AM

(...)

This actually makes sense. Wonder if it is to pump the price and then them to go out. I wonder what will happen if bitcoin price surges again.

I'll tell you exactly what will happen. We will see mempool of 200k unconfirmed transactions again, and you will wait weeks for confirmation of any transaction with a fee lower than 100USD.

CryptoGosu

full member

Activity: 686

Merit: 105

I think that in the future the price of transactions can grow greatly in the future. Bitcoin currently has scalability limits and for this reason I think that the more popular Bitcoin will be the more expensive the transaction is.

jikurpa

sr. member

Activity: 665

Merit: 250

Quote from: Sevarchik on May 02, 2018, 11:20:50 AM

I remember last years situation when i pay 10$ for transferring 20$.
Hope this days not back when btc hit 20k again

most investors hope, but no one can know for sure how the future development will hopefully be expected to be achieved and make investors' interest in investing more and greater the development of crypto currencies progressing rapidly

tegarp90

full member

Activity: 546

Merit: 100

Quote from: russaa8 on May 02, 2018, 09:17:49 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 cheap and lightning network is really good and aplicable to every sector of payment.
One reason why people are not using it because the security is too weak.
Too many bad news about bitcoin hacked by hackers.

Epimetheus

legendary

Activity: 1120

Merit: 1000

Bitcoin transactions fee is the charge taken by the miners in order to complete an transaction through bitcoin network by miners. Bitcoin transactions fee mainly depends upon on the block size of bitcoin node. If the block size is large then the transaction is fast and then transaction cost will be low. But if the blocks size is small and transaction traffic is high then ultimately the transaction fee also increases. In future the transaction fee will be decrease because many multimillion companies start using it.

baby1moretime

newbie

Activity: 41

Merit: 0

Low bitcoin prices create the general mood of investors want to simultaneously "pour money" into this potential market.

ranman09

full member

Activity: 756

Merit: 112

Quote from: franky1 on May 02, 2018, 10:58:29 AM

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

This actually makes sense. Wonder if it is to pump the price and then them to go out. I wonder what will happen if bitcoin price surges again.

Compiler

member

Activity: 434

Merit: 86

Community Manager

If good also depends on the sites where you want to make the transaction, there are people who seem to cheat with the commission and others that are normal.

Pan Troglodytes

member

Activity: 392

Merit: 39

Quote from: chocolah29 on October 03, 2018, 05:32:43 AM

Quote from: blockman on September 21, 2018, 02:41:36 AM

Quote from: pedagang2 on September 20, 2018, 12:17:24 PM

that is good news, it makes bitcoin progress more and more.
make members feel comfortable with that. Cool

Not really a news but its good to have low transaction fees all of the time. You can check the suggested fees from time to time (https://coinb.in/#fees).

Fees depends on the network as well and the more unconfirmed transactions, the higher fees. (https://www.blockchain.com/en/btc/unconfirmed-transactions)

So therefore, it seems that there are decrease in transactions? Does it mean there are just few that transact in bitcoin or the network is just more fast than before?

You can check the exact numbers at any given moment at: https://www.blockchain.com/btc/unconfirmed-transactions

At present the number is low, in Dec 2017 it was as high as 200k and it was driving the fees to levels such as 100USD fee per transaction (regular size)

Quote from: chocolah29 on October 03, 2018, 05:32:43 AM

I remember last year when the fees are high yet slow confirmation, the network seems congested and somehow only the high fees are become priority than those with less. Let's see if the transactions will be faster after the next halving occur.

I tell you, when the price moves up again that much as in Dec 2017, we'll see fees go through the roof again.

chocolah29

full member

Activity: 588

Merit: 128

Quote from: blockman on September 21, 2018, 02:41:36 AM

Quote from: pedagang2 on September 20, 2018, 12:17:24 PM

that is good news, it makes bitcoin progress more and more.
make members feel comfortable with that. Cool

Not really a news but its good to have low transaction fees all of the time. You can check the suggested fees from time to time (https://coinb.in/#fees).

Fees depends on the network as well and the more unconfirmed transactions, the higher fees. (https://www.blockchain.com/en/btc/unconfirmed-transactions)

So therefore, it seems that there are decrease in transactions? Does it mean there are just few that transact in bitcoin or the network is just more fast than before?

I remember last year when the fees are high yet slow confirmation, the network seems congested and somehow only the high fees are become priority than those with less. Let's see if the transactions will be faster after the next halving occur.

ansarose1

member

Activity: 784

Merit: 10

Thats a great news for all bitcoin enthusiast. I think more good things to come for bitcoin, bitcoin development seems to be accomodated thoroughly by this time. And it seems that it gives a good impact to the investors and to other people who are planning to invest bitcoins. I hope that there are more good news as days goes by.

semes

member

Activity: 713

Merit: 31

Quote from: charlincharplor83 on October 03, 2018, 02:46:13 AM

The nearest time transactions occur at a relatively low fee or change depending on the time. Are there any transactions with a stable fee?

Typically, crypto money exchanges are doing transaction at a flat rate (even some of them makes transaction free). Transaction fees are changing according to the degree of difficulty of mining for peer to peer transfers.

Topic: Transaction price Bitcoin - page 3. (Read 2416 times)