Post
Topic
Board Bitcoin Discussion
Re: Who to blame for the increasing transaction fee?
by
jakelyson
on 05/02/2017, 07:45:32 UTC
Now we see why bitcoin cannot go mainstream yet. Only 50000 plus transactions and we are already seeing very high transaction fees and very long confirmation time. I just transfer bitcoin yesterday with 30K sats fee and still took half day to confirm. I do not know why we have 50K transactions, whether it is spam or generic, but I think that is causing too much fee and confirmation time.