Quote from: Monnt on March 23, 2017, 03:04:09 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

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

Basically for me it depends on the amount that I transact each time. If I am transacting around 0.01 bitcoins average then I would be happy to pay like 0.00025 btc which means 2-3% fees is what I would never mind paying for that.

For bigger transactions though that ranges from 1-2 bitcoins I won't be paying 2-3% also since it accounts 0.01-0.02 and hence I would be fine to pay like 0.005 btc for that big of a transaction. Really fees is becoming a issue.

Tranfers fee should be in less than 0.1%, and the percentage transfer will be more profitable than fixed amount. Most times the 0.1% can be over looked and more transaction can be done, also for those who use them in ATM card, there wont be drudgery in use