Am I the only one realizing that ~$1 fee to make a transaction is absolutely insane and defeats one of the core benefits of using bitcoin for daily transactions.
This is getting insane and is completely uncalled for, or am I wrong?
I think the fees is not limited in the limit of 0.5$ to 1$ , here I found that the transaction fee needed to about 2$ ( according to the current price of the Bitcoin ) which is really high if we compare in the last two.weeks , because here with the transaction charge of 200+sat/byte is not much sufficient to confirm the transaction , Here in the normal condition we need to pay atleast 250sat/byte ( which will depend upon the numbers of the input and output of the amount of the Bitcoin that you want transfer ) .
And I think we should not go to back here to pay the high fee , because the high fee making the miners network and community strong by economically and that will be results into the improvement in the technology of the Bitcoin indirectly .