Post
Topic
Board Economics
Re: How much are you willing to pay in fees for a Bitcoin transaction?
by
bravehearth0319
on 19/02/2017, 10:05:39 UTC
This poll came as an idea from a news post: Almost $1 Billion Worth of Bitcoins Stuck in Transaction Backlog - link here: https://bitcointalk.org/index.php?topic=1777803.0

How much are you willing to pay on daily basis in fees for a Bitcoin transaction that is cleared within 10 minutes? (1 block)

I hid the poll results until you voted so it's not biased - I'm really curious about this one - I ruled out "free" as I don't think it's possible anymore - no matter how big the block size is. Also I don't think anyone is willing to accept fees over $10 - it will be more expensive than the bank fees, so I made it 10+ USD.

Please vote and explain below why you voted the way you voted.

Thank you.

These are the usual common thing circumstances happen in the blockchain now that for every transaction everyday there is a delay confirmation in the history record. That majority of the transaction was stock into traffic because of most of it is  unconfirmed and will take an hour before it confirms. So I think 10$ for each transaction wow! that is very huge fee's that I will ever know if ever that happen. And many of the bitcoin community will get react on this matter.