What is your ideal transaction fee for Bitcoin transactions? - page 2.

charlotte04

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Quote from: Kprawn on June 01, 2018, 10:26:27 AM

Has anybody considered what the Bitcoin users want for transaction fees for their transactions? Yes, we can set the transaction

fees for our transactions in some wallets, but if you were given one set percentage of what you want to pay for transactions,

what would you choose? Let's say, this is based on the amount of bitcoins you are sending and not the transaction packet

size. Roll Eyes

In the tax system, people with more money pay higher taxes and people with less money pay little or no taxes, so it would

make sense to apply this to Bitcoin too. {I am just playing Devils Advocate, because I know people will split tx's if this was

done.} Let's say they increase the amount, if it comes from the same Bitcoin address.... forcing people to use new Bitcoin

addresses and increasing pseudo anonymity. Tongue

What percentage of your total transaction, would you be willing to pay for transaction fees, if this was done? {We might see

this with the future Bank Coins, because they like to do that.} Cheesy

I could really go for the feed in any transaction using Bitcoin for about anything below $1 only. But i guess that would not be done unless they are going to do something about it.

joebrook

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Quote from: jcpone on October 22, 2018, 10:09:35 AM

For smaller amount of bitcoin transaction, the fee should be a specefic percentage (Ex. 0.5%) of the said amount so that bitcoin can go mainstream even with small transaction. Now for bigger transaction, the percentage should gets bigger also.

I concur the transaction rate should in the future be proportional to the amount that’s being transferred so that it’s going to fair in many regards.So that there will be equality in the whole thing .

jcpone

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For smaller amount of bitcoin transaction, the fee should be a specefic percentage (Ex. 0.5%) of the said amount so that bitcoin can go mainstream even with small transaction. Now for bigger transaction, the percentage should gets bigger also.

Thomson-Winter

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I hope in the future with the development of technology, the transaction costs of bitcoin will be reduced more. If so, then really good

florianuhlemann

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how can the Commission be regulated? it is also regulated by miners on the basis of market relations of mining complexity

DipDare11

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I can not imagine that this can be translated into reality. Because most people will simply ignore Bitcoin and switch to other payment methods. So it will be much more effective.

Marbelli

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EndChain - Complete Logistical Solution

no more than one cent. It was a great commission and a great PR move for Bitcoin itself. he needs to reduce the price per transaction and speed - these are his two main problems at the moment

mcneLubB

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Activity: 42

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For me, the ideal transaction fee is 1 cent. I understand that this is not realistic now, but I think that in the future there will be an opportunity to realize this)

xtrump101

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$onion

Quote from: xfaqs01 on October 20, 2018, 07:52:35 PM

i think the ideal fee would be 10 cents or lower, that way small merchats or even big stores will be encourage to use bitcoin as another form of oayments specially micropayments and microtransactions,,but this could only be possible through lightning network..

i totally agree on this, we really have to be by far more competitive on card payments such as visa and mastercard in order to rival the market specially in microtransaction, our only hope through lightning network and i believed it would be possible early next year, so it would be advisable to buy bitcoin as early as now before that happens.

xfaqs01

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Activity: 490

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i think the ideal fee would be 10 cents or lower, that way small merchats or even big stores will be encourage to use bitcoin as another form of oayments specially micropayments and microtransactions,,but this could only be possible through lightning network..

Bitfling

member

Activity: 602

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I think its like exchanger transaction fee, most of exchanger charge fee average 0.1%. I think its fair if our transaction charge with 0.1% because its crypto not a fiat

Matthewmorris4

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in my opinion the fee for the most ideal bitcoin transaction is under $ 1. Yes, it would be better if the transaction fee had to be fixed, so that the transaction fee did not have the effect of rising or falling the price of bitcoin or the best is the transaction fee is "free"

poletando

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I think the fee is depend on the bitcoin transaction, if the amount is big the fee is higher than when we send the low amount of bitcoin, I think it is fair for all people right?

marcbitcoins

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I think if the blockchain will be improved more then the transactions speed and quality fees will become much affordable, so for now the fees that you have all suggested is recommendable or i would suggest 2% from the total amount so that the blockchain miners would earned fair enough for their efforts.

b3llsf1l3s

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Quote from: Kprawn on June 01, 2018, 10:26:27 AM

Has anybody considered what the Bitcoin users want for transaction fees for their transactions? Yes, we can set the transaction

fees for our transactions in some wallets, but if you were given one set percentage of what you want to pay for transactions,

what would you choose? Let's say, this is based on the amount of bitcoins you are sending and not the transaction packet

size. Roll Eyes

In the tax system, people with more money pay higher taxes and people with less money pay little or no taxes, so it would

make sense to apply this to Bitcoin too. {I am just playing Devils Advocate, because I know people will split tx's if this was

done.} Let's say they increase the amount, if it comes from the same Bitcoin address.... forcing people to use new Bitcoin

addresses and increasing pseudo anonymity. Tongue

What percentage of your total transaction, would you be willing to pay for transaction fees, if this was done? {We might see

this with the future Bank Coins, because they like to do that.} Cheesy

bitcoin transactions, I know, they use fixed prices, but different from what is applied by the market, which uses the percentage of fees as part of their profits. On the other hand, if this is a problem then it's better to use an altcoin that has the cheapest transaction fees like doge or ethereum classic

triciaa478

member

Activity: 350

Merit: 10

Bitcoin transaction fee shouldn't take majority of your capital but at least 0.1 percent to 0.5 percent is ok for me but paying 1 to 3 percent of fees for bitcoin transaction is not something I will do .

Olayinka225

jr. member

Activity: 322

Merit: 1

As for me, I don't have any ideal transaction fee for every bitcoin transaction. Just what I want is an attractive cost of transaction for every transaction wish to be made

goodluck0319

sr. member

Activity: 420

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I think it should not be, as originally intended by Satoshi Nakamoto

Rozita

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Quote from: hitrawal91 on October 17, 2018, 02:20:45 PM

Quote from: THATBTC on June 01, 2018, 10:31:46 AM

Quote from: Kprawn on June 01, 2018, 10:26:27 AM

Has anybody considered what the Bitcoin users want for transaction fees for their transactions? Yes, we can set the transaction

fees for our transactions in some wallets, but if you were given one set percentage of what you want to pay for transactions,

what would you choose? Let's say, this is based on the amount of bitcoins you are sending and not the transaction packet

size. Roll Eyes

In the tax system, people with more money pay higher taxes and people with less money pay little or no taxes, so it would

make sense to apply this to Bitcoin too. {I am just playing Devils Advocate, because I know people will split tx's if this was

done.} Let's say they increase the amount, if it comes from the same Bitcoin address.... forcing people to use new Bitcoin

addresses and increasing pseudo anonymity. Tongue

What percentage of your total transaction, would you be willing to pay for transaction fees, if this was done? {We might see

this with the future Bank Coins, because they like to do that.} Cheesy

high fee / fast transaction
low fee/ slow transaction

Agreed that the transaction fees depends on the speed of transaction but my point is that why can't we have a set % for transaction fees which will be applicable for every exchanges and they should not fix it by there own.And Why can't we provide same speed of transaction to every transaction just to improve the system.Atleast money which we are giving to other exchanges must be taken to improve speed of in future for same price to everyone.

You are talking about exchanges not the blockchain. Exchanges can determine fees as much as they want. You can also use any exchange you want.
When you are send the coins from your personal address to another address, you can determine the fee.

hitrawal91

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Quote from: THATBTC on June 01, 2018, 10:31:46 AM

Quote from: Kprawn on June 01, 2018, 10:26:27 AM

Has anybody considered what the Bitcoin users want for transaction fees for their transactions? Yes, we can set the transaction

fees for our transactions in some wallets, but if you were given one set percentage of what you want to pay for transactions,

what would you choose? Let's say, this is based on the amount of bitcoins you are sending and not the transaction packet

size. Roll Eyes

In the tax system, people with more money pay higher taxes and people with less money pay little or no taxes, so it would

make sense to apply this to Bitcoin too. {I am just playing Devils Advocate, because I know people will split tx's if this was

done.} Let's say they increase the amount, if it comes from the same Bitcoin address.... forcing people to use new Bitcoin

addresses and increasing pseudo anonymity. Tongue

What percentage of your total transaction, would you be willing to pay for transaction fees, if this was done? {We might see

this with the future Bank Coins, because they like to do that.} Cheesy

high fee / fast transaction
low fee/ slow transaction

Agreed that the transaction fees depends on the speed of transaction but my point is that why can't we have a set % for transaction fees which will be applicable for every exchanges and they should not fix it by there own.And Why can't we provide same speed of transaction to every transaction just to improve the system.Atleast money which we are giving to other exchanges must be taken to improve speed of in future for same price to everyone.

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