fees are antispam feature.
if you don't see it ... leave it.
network work well when you pay the right fee.
and we have plenty of site to verify this :
https://en.bitcoin.it/wiki/Transaction_fees#Fee_Plotting_Sitesif someone want to emit bitcoin transaction ... it can ... by paying the right fees (priority fees mode in the bitcoin core or android wallet).
So, if we want fast transactions since now, do we need to pay highest fees?
I don't think it fair, because we were paying the same fees that now and the transactions were normal, and now, we need to pay highest fees. And I suppose if we pay highest fees now, some time later, there will be the necessity to increase again (when more people start using BTCs), no?
What is not fair?
When you pay the highest fee, you are paying for priority.
If you don't need priority and can wait, pay medium fee.
The problem is that the "medium" fee isn't being sufficient anymore to make the transactions go smoothly. Looks if many people are making transactions, the fee must be higher, or you won't complete it, canceling the transaction.
So, in the future the fees will be very highest than now, or we will never complete our transactions. Tell me if I'm wrong.
There is no set fee structure.
The fee system is determined by your priority and the size of current mempool.
The "medium" fee is only a snap shot on a sliding scale.
The "medium" fee now is around 75 sato per byte.
The fee market will rise as long as there are bitcoin users who are willing to pay higher fees.
The reality is that it will stabilize at a certain level since most users will not pay more than $1 per tx.
So in theory you are correct, up to a point.
Hmm, Ok, understood. So, if I want a relative fast transaction, do I need to pay 75 satoshis per byte now? And do you know +/- how much time will it take to complete? (I think we were paying 32 satoshis per byte and it was going fast days ago).
And Yobit fee, for an example, the fee there is 20k satoshis. So, will I need to pay more there also since now?
Yes, if you paid 75 sato per byte now, then you are estimated to get your first confirmation within the
next 7 blocks, or +/- 120 minutes from now. See this site for fee estimations:
https://bitcoinfees.21.co/If you want to be in the next block now, you should pay priority which is 110 sato per byte.
For Yobit, I'm don't know if you can change the fee or that the administrator will have to adjust
the fee for all withdrawals. If you can set your own fee, then yes, you should set it for your preferred need.