Re: How much are you willing to pay in fees for a Bitcoin transaction?

Quote from: dearbesz1219 on March 17, 2017, 06:37:15 PM

Quote from: w00t on February 06, 2017, 12:28:57 AM

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

[size=14 pt][ b]How much are you willing to pay on daily basis in fees for a Bitcoin transaction that is cleared within 10 minutes? (1 block)[/b][/size]

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.

Transaction fee in the blockchain was most of the time is the main problem of the bitcoin enthusiast at the present now, because the fee is so high. So regarding which amount I agreed in terms of transaction fees.

People should understand that the bitcoin transaction fees is something that we cant run from, not as long as the bitcoin is hard to mine and gets harder with every halving, and with the increasing number of people using it, but this doesnt mean that I agree on the fact that fees should be increasing, even after paying fees the transactions are still slow which means it is no better that bank transfers.