The fees are crazy, it's really frustrating. I transferred about $40 worth of bitcoin the other day and got about $30 in my wallet. I really hope something is done about the tax issue. If not then I think another coin will take it's place in time.

This is not a tax deduction my friend. It is simply a bad situation that are being exploited by the Bitcoin miners. We are sort of inbetween two scaling solutions now. On the one hand we have the old legacy Bitcoin addresses and on the other hand we have SegWit addresses.

The miners and some people with hidden agendas are sabotaging the Bitcoin network by similtaneously spamming the network and also mining selectively. <jumping between BTC and BCash> This is causing backlogs and congestion on the BTC network, which in turn increase the miners fees. The miners loves this, because they get more income from these higher miners fees that has to be paid.

We hope the Lightning Network will solve this problem in the future.

I should also point out, any miner other than Jihan who mines Bcash is a fool.  ASICBOOST is a security exploit in Bitcoin’s mining algorithm, which gives an unfair advantage over other miners.  ASICBOOST has been patented.  The covert, undetectable form of ASICBOOST was permanently stopped by the activation of Segwit in August 2017; Bitcoin is now safe.  But Bcash is still wide open!

There is strong evidence that Bitmain was exploiting covert ASICBOOST before Segwit was activated.  No wonder Bitmain hates Segwit and loves Bcash.

If you mine Bitcoin, then you are mining on a level playing field.  If you mine Bcash, then you’re Jihan’s patsy; and he’s laughing at you as he pays 30% less than you for the same work.

According to gmaxwell, the covert ASICBOOST vulnerability was fixed inadvertently; it just so happens that covert ASICBOOST is “significantly incompatible with virtually any method of extending Bitcoin's transaction capabilities; with the notable exception of extension blocks (which have their own problems)”.  In layman’s terms, this essentially means that Bcash can never be upgraded with new features and new technologies.  Any real upgrade to Bcash would deprive Jihan of his (not-so-)secret advantage.

Yeah the sending fees of bitcoin is really high others are thinking if they will transfer their bitcoin in other place like in exchanges or not and there is nothing we can do about it but to accept that the fees in sending bitcoin is too high because the price is too high. I prefer litecoin to use when I am sending fees because it has a small fee and it is transaction is fast.

The high transction fee of bitcoin is being the serious problem in recent times,I don't know when it will be solved.Yesterday I sent  $40 and fee is $10 .If fee is keep on at this rate then bitcoin may fall so need to implement the lightning network as soon as possible.

I've been wondering how to go about making bitcoin transactions. Even with the lowest fee option it's still too high for the amount I'm transferring. It's so discouraging and the earlier the lightning network which is supposed to be the solution is implemented across board the better.

bitcoin fee is high because you earn high from bitcoin.

just do some simple calculation  and will find yourself winner if you pay 10$ fee

bitcoin transaction fees goes crazy now because of these price increase and a high volume of transactions everyday, that high volume of transaction had cause some confirmation delayed, so they implement a high fee for every transaction for the fast confirmation. but i think if they implement a high speed confirmation in blockchain, the transaction fees will back to normal as we paying before.

Yes it's crazy right now. Bitcoin wasn't ready for this mass adoption so quickly. So fees are real to much to handle if your stack is low.

And markets are rubbing their hands... fee with every transaction, every exchange... nuts..