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    Author Topic: Bitcoin fees  (Read 1123 times)

    • morrisby25
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    April 06, 2018, 05:02:23 AM
     #61
    The bitcoin trade of exchange expense has saved dollers rate cash turning bitcoin's old distinguishing strength as a less expensive online installment strategy into a funny assertion.But regardless of these expanding costs, and the long running civil argument there are caused, engineers and clients contend there are straightforward approaches to diminish charges that aren't in effect completely exploited of.we have Overall however, as the quantity of organizations supporting the new element develops, bitcoin charges will diminish some even contend that exchange charges would vanish inside and out if that exchanges supplanted typical exchanges of trade in the business.

  • argonresonates3
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    April 06, 2018, 03:22:32 PM
     #62
    We should make a requestly approach to the developers and blockchain managers too reduce the fee.

  • endermanfomalhaut7
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    April 06, 2018, 03:30:38 PM
     #63
    There is no such hope of fee decreament atleast in the time when the btcs market value is down.

  • redshiftexpensive
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    April 08, 2018, 08:54:58 AM
     #64
    The charge was down once before I don't know the exact date and I hope this would soon end

  • viacoininfuse
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    April 12, 2018, 04:18:52 AM
     #65
    Its literally too much I think. I didn't know the fees was too much these days

  • luke liam
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    April 21, 2018, 06:51:33 PM
     #66
    I do not care too much about the bitcoin fee, now doing anything also needs to pay. I have never thought about it too much!

  • Edsel_Miller
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    April 21, 2018, 06:58:51 PM
     #67
    If your investment is small then the charge is also a problem. The current fee is $ 34.
    Let's me show you an important thing: The hero do not mind a small fee!

  • Tabatadze
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    April 22, 2018, 06:03:21 PM
     #68
    Big transaction fees are really a big issue for bitcoin but there could be a solution in the coming days. People at present are paying an amount of $28 on average to make transactions using the digital currency, according to data provided by BitInfoCharts.

  • BitcoinNewbie15
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    April 22, 2018, 06:11:07 PM
     #69
    Quote from: Edsel_Miller on April 21, 2018, 06:58:51 PM
    If your investment is small then the charge is also a problem. The current fee is $ 34.
    Let's me show you an important thing: The hero do not mind a small fee!

    $34 is not the current fee anymore. The current Bitcoin fee is closer to .80 cents due to decreased transaction volume and segwit. Segwit adoption is still pretty low too, about 33% on average. As time goes on, the fees and network throughput will continue to improve as segwit adoption continues as well as Schnorr signatures hopefully being implemented in the coming years.

  • neoandtrinity
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    April 22, 2018, 06:12:12 PM
     #70
    Transaction fee BTC is really good now, as of April 2018, the average Bitcoin transaction fee is over 95% less than the fees seen during the cryptocurrency rush of late 2017.

  • Anti-Cen
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    High fees = low BTC price


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    April 22, 2018, 06:18:59 PM
     #71
    Quote from: SKEEMER on December 12, 2017, 04:23:01 PM
    Bitcoin network fee is at like $34 right now.
    When will they go back down?

    I am a time traveler from the future and fees will go up to $55 in late December 2017 and then after that for
    obvious reasons the price of Bitcoin will tank because no one will trust the development team and miners anymore.

    The crystal ball is a little foggy, yes I see they called them Lightning network hubs but really these were centralized
    banking hubs, yes, yes and started to charge 0.65% in transaction fees but people caught wind of the scam and jumped ship
    to more stable ships.
    Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.

  • Betwrong
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    April 22, 2018, 06:21:42 PM
     #72
    Quote from: Tabatadze on April 22, 2018, 06:03:21 PM
    Big transaction fees are really a big issue for bitcoin but there could be a solution in the coming days. People at present are paying an amount of $28 on average to make transactions using the digital currency, according to data provided by BitInfoCharts.

    Quote from: Edsel_Miller on April 21, 2018, 06:58:51 PM
    If your investment is small then the charge is also a problem. The current fee is $ 34.
    Let's me show you an important thing: The hero do not mind a small fee!

    These two posts contain such a nonsense that I'm wondering whether the accounts are connected  in a way. Probably they are not, but still, where do you guys find that info? You can pay 10 satoshis/byte for a pretty fast transaction today which corresponds to 2,250 satoshis or $0.2 for an average transaction. The OP was created when transaction fees were expensive indeed, but this is not the case anymore.
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  • Anti-Cen
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    High fees = low BTC price


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    April 22, 2018, 06:24:23 PM
     #73
    Quote from: neoandtrinity on April 22, 2018, 06:12:12 PM
    Transaction fee BTC is really good now, as of April 2018, the average Bitcoin transaction fee is over 95% less than the fees seen during the cryptocurrency rush of late 2017.

    That's nice but since we are playing with numbers, cooking the books well did you know that for 95% of Bitcoins eight year life the fees
    were below $0.01 per transaction ?

    You best switch to the Lightning banking hubs, only 0.65% per transaction just now, never mind my free home banking and the
    fiat currency value is not crashing like Bitcoin, exciting times  Cheesy Cheesy Cheesy
    Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.

  • celcoid
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    April 24, 2018, 05:11:00 AM
     #74
    The bitcoin trade of exchange expense has saved dollers rate money turning bitcoin's previous identifying strength as a more cost-effective on-line installment strategy into a funny assertion.But despite these increasing prices, and also the long running civil argument there area unit caused, engineers and shoppers contend there area unit easy approaches to diminish charges that are not in result fully exploited of.we have Overall but, because the amount of organizations supporting the new component develops, bitcoin charges can diminish some even contend that exchange charges would vanish within and out if that exchanges supplanted typical exchanges of trade the business.

  • neerajmittaljii
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    April 24, 2018, 05:26:02 AM
     #75
    Bitcoin transactions usually occur for free if the amount of Bitcoin shipped exceeds 0.01 BTC. Bitcoin in small quantities is given to miners as a reward for processing the transaction and putting it into blockchain.

  • qyn0
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    April 24, 2018, 05:49:10 AM
     #76
    Miners usually include transactions with the highest fees first.

  • cunese
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    April 24, 2018, 05:57:25 AM
     #77
    Transaction fees and transfer fees are high, especially for transfer fees, and sometimes a transaction costs dozens of dollars and takes a lot of time.

  • hrz
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    April 24, 2018, 06:28:27 AM
     #78
    bitcoin begins to rise in price and the longer it will probably rise again its price, in mid 2018 it will skyrocket the bitcoin price.

  • slashz9
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    April 24, 2018, 06:39:14 AM
     #79
    I think it's not too worrisome because if his fee goes up his price also goes up, so I think it's good news, because every year the amount of reward block increases the number of bitcoin will reach the maximum, and the price will be more expensive, of course with the fee the more expensive.

  • queennathalia
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    April 24, 2018, 06:45:04 AM
     #80
    Quote from: SKEEMER on December 12, 2017, 04:23:01 PM
    Bitcoin network fee is at like $34 right now.
    When will they go back down?
    Its basically If the price of bitcoin also goea down. Because bitcoin fee is not about the dollar. Its about the bitcoin network, Once blockchain had a lot of traffic. Bitcoin fees will increased. So if you want small fees better to wait bitcoin price back at low.
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