Quote from: sobsitesearch on April 27, 2017, 09:49:34 AM

Quote from: Antonio G. on April 27, 2017, 08:56:14 AM

All the Bitcoin users dream about incredibly fast transactions and low fees, but unfortunately, we can choose only one option. So, we probably need to put up

The transaction fee is depending on the current price of bitcoin i think, before the value of bitcoin is very low there is a small fee and most of the time its free, but now at the current price and the free is increasing i think it is fair.
And also there is an option vary on the fast, mid and slow transaction it depends on the user which one they choose.

Not entirely.
Bitcoin could be at 10k , if there would be only 10 transactions an hour the fee would still be counted in satoshis.

But even at this price of 1000/coin if the usage would increase 2-3 time we would end up paying a few $ every time.

Quote from: 27QVUTZj8rgZP1 on April 27, 2017, 12:37:46 PM

I believe bitcoin's fee is really a problem that will just become worse, because it feels like it won't go down.

Imagine at next halving... Fee would decrease? I do not believe so, I believe bitcoin's price will double, fee will stay the same or go UP (and in bitcoin).

As reading other's posts, I see there are plenty of wealthy people here willing to do that. And soon we will pay more than paypal, payza just to get a transaction done in less than 3 hours.

If that happens, which I believe is highly possible... Then I would see little to no reason to use bitcoin.

My bank is doing internal transactions between account instantly for free.
And this for a fee of 1 euro / month.

Adding the SEPA transfers for Europe, bitcoin is going to have a hard time competing.