I spent 2 cents on a transaction a few days ago (at 1 sat per byte) - I send transactions at night normally because I'm impatient.

I think segwit has done quite well to make transactions cheaper too (since its probably the first bull market we've had good integration of it). Bitcoin certainly hasn't gone anywhere close to the way eth did with transaction fees either (so I barely noticed the fees when they were high).

This is not about bear markets, the tx fees are usually low when the price doesn't change much (no matter how high or low it is).
And I'd bet that a lot of people would prefer to pay much bigger tx fees as long as their coins also worth much more


I think that you've overpaid some 10-20x. Did you use a web wallet or something?!


There are many altcoiners whose main narrative is that bitcoin is expensive to use, just to divert people's eyes from the fact their supported coins are copycat shitcois or useless forks.


The tx fee is completely unrelated to how many coins you send. It's related to the size (in bytes) of the tx, which comes from number of inputs, number of outputs, the type of address you use (SegWit is cheaper) and obviously how much you're in hurry how much you want to overpay for speed.

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Don't take me wrong, I'm happy you've discovered that bitcoin is not expensive to use. I simply want to point out that you still have a lot to learn

A cheaper transaction fee should not be the positive side of the crypto-currency bear market, really if we are being honest apart from the tangibly high Ethereum transactions fee, Crypto-currency have a relatively cheap transaction fee depending on how fast you want it.

A bull run with some larger transactions fee that the bear is much of a better option, in between I have been making transactions using electrum and for all this while I haven't had a transaction fee that was worrisome to me so I think maybe you can try using other options like electrum too and see how it works best for you.

many that say bitcoin is cheap. forget that $0.38 is a days wage for over a billion people..
..you know, the unbanked..

back in 2015 people were screaming when prices were moving above $0.10 which was threatening to become a barrier of entry for third world countries(the unbanked)

the promises of cheap fee's of below 2017 levels have not come to fruition. and no lets not make this another topic to advertise some altnet/subnet/altcoin/sidechain that offers cheaper fee's so that the 'unbanked' can offramp to and stop using the bitcoin network, so that elitism can remain and use bitcoin

as for those saying segwit fixed the fee's/ yep. fixed as in rigged, setup, gamed the system, it made legacy more of a premium by first removing a fee formulae, and then multiplied legacy to make it expensive. and then pretends segwit solved it by making segwit less than legacy

if i sold candy traditional candy at $0.05 and promised cheap candy, but then raised traditional candy to $0.50-$5.00($60 in times of celebration).. and then invented some new promised "cheaper" candy for less than traditional candy.. is not making candy cheaper

tx fee's did not get above unbanked barrier of entry amounts all by themselves. bitcoin is not AI code that wrote itself, and formulae were not removed and glitchy miscounting code was not added all by itself

follow the flatline of cheap fee's 2009-mid 2017. then see all the spikes. and you can see which code actually caused high fee's.

I do not remember when I paid a lot of fees to treat what it is completely different from the reasons that I mentioned, as it depends on several factors, not among them the amount of money that I have sent.
Generally, with the continuous development, you will notice that the ability to expand bitcoin is better off than the year 2017

I think the transaction fees thing has been blown out of proportion to benefit Bitcoin's competition. We saw it when the whole Bitcoin (BTC) and Bitcoin Cash war was in full swing, back in the days. Even the Ethereum developers and supporters jumped onto the "tx fee" bandwagon, when the Bitcoin fee issue was at it's highest.

Now, with the introduction of SegWit and the Lightning Network ..it has become a non-issue... and people do not even talk about it anymore.  ....people realize how cheap it is, when they compare it to their Banking cost. 

Bitcoin transaction fees went high back in December of 2017 and last year in April of 2021. But still, the value in USD was far lesser than Ethereum transaction fees. The max I have paid as a fee is 12 satoshi and the least was 1 satoshi a few days back. I am not sure what was the USD value as my primary focus always is how many Satoshi I pay per transaction.

This is not how to determine if fees are cheap or not. We can't know if this is the cheapest fee you could have paid just by knowing the total fee in dollar or sats. We need to know the size of the transaction or the fee rate (sat/vByte).
In your example, 38 cents or 1921 sats can be seen as high fee if we are talking, for example, about a segwit transaction with 1 input and 1 or 2 outputs.
But, you are right. Right now, 1 sat/vByte is more than enough for your transaction to get included in the very next block. This is the perfect time for inputs consolidation.

Thats only on the time where the network condition or situation/traffic isnt really that high where fees do only plays on cent price but on the time where there's significant rise or trend change then this is where network traffic do rises and in result? Fees would really be high and this is the main problem of bitcoin which those critics been throwing anytime we do experience huge fees or particularly
talking about scalability which is the primary thing or issue where those no coiners would really be pertaining or focusing that much on those cons but on market condition
similar on this present times will really be definitely be just fine.

The current fees are really doing us a huge favor. Last week, I paid only 13 cents for a transaction that I created in late afternoon, where the network condition is usually high and a lot of people are doing some transactions to move their funds about. I got a confirmation on the next two blocks and got 3 confirmations in less than an hour. Even Electrum's suggested fees aren't high, which the app is notoriously known for. I'd say there are a lot of good things happening on the fees side of things for bitcoin, and if you can move millions of dollars with just under a dollar, I don't see why banks would still cross one's mind when making such transactions.