Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
adamstgBit
on 12/07/2016, 02:09:42 UTC
Bitcoin movement has been disappointing lately. Any idea when will the block size issue be fixed?

Increase the fee associated with the transaction and you've got a fast confirmation. If you are not in any hurry for a particular transaction, you can lower the fees.

Higher priority => higher fee
Lower priority => lower fee

Get the estimates here: https://bitcoinfees.21.co/

i think fees are set to go slowly higher, even with segwit + LN, i bet there will always be alot of TX demand on-chain. An incress in fees will incentivize poeple to use the second layer's nearly free TX.