Post
Topic
Board Bitcoin Discussion
Re: Transaction Fees and Segwit
by
TraderCal11
on 04/06/2017, 20:44:50 UTC
the value of a transaction is meaningless when it comes to fees, the only thing that counts is the size in bytes. a 10 input transaction for 0.001 btc is gonna cost more than a 1 input transaction of 10,000 btc.

fees have risen of course and so has the price. if bitcoin was $250 still it wouldn't be such an issue.

segwit will ease the pressure but it might not be the miracle people are looking for. a segwit block fits more transactions in but high fees might be here to stay.

Thanks for your reply. In the long term, if you had to hold one, would you choose BTC or ETH?