Quote from: boyptc on May 30, 2017, 03:32:30 PM

Quote from: Obito on May 30, 2017, 01:11:24 PM

In last few week we experience the hiking price of bitcoin at the same time the fees on every transaction and confirmation is becoming slow. But despite the increasing of its price I didn't reach 3000 usd per bitcoin. However it is not too late to lose hope there still a time inorder for bitcon to reach that amount.

I felt disappointed when the price wasn't able to get up to $3,000 but still I know that there will be a chance that it is possible to get up. But be ready once the price was already at that price, the fees will increase too. Base on what I observed, upon using blockchain.info the fees last time was about only 0.0002 BTC but now it went up to 0.0006BTC this is their recommended fee.

If the price of bitcoin goes higher in future then people won't mind in paying higher fees as no one wants to keep on waiting too long to see transaction to get confirmed and in that case people will be willing to pay higher fees irrespective of the price of bitcoins.