50 Satoshis/Byte is about a quarter of what you would have needed if you wanted your transaction to confirm within a few blocks. Always check before you send the transaction.
As long as there are high fees and slow transactions bitcoin will never become a global currency.
How can btc be mass adopted with such transaction speed?This is ridiculous.
Spam attacks are another problem.We need major changes.
Not like I can cancel the transaction. So because of very low transaction fee I can lost my whole BTC?