With transaction costs rising above $1 the original promise of cheap remittance using Bitcoin is officially dead. Without utility Bitcoin use is limited to speculation only and even further what is there to speculate about?
I would like to debate this and gauge the community's response to Bitcoin experiment.
With today prices if the fee of your transaction as you post is $1 that means about 55000 satoshis, the size of your transaction is more than the median usual (225 bytes); except if you would like your tx being confirmed in the next block. More over the the tx fees is about $1 because the today price of btc is about $1800. If we go some months ago say 11/2016 the 1btc=$600 with the today network load the same tx fees would cost 33 cents. So, I would like to ask you; Would you like a cheap btc or an expensive one so as if you hold it to be more rich in the future?