Post
Topic
Board Bitcoin Discussion
Re: $0.85 transaction fee is absolutely ridiculous!
by
harizen
on 12/06/2017, 20:17:35 UTC
So if BTC goes to $10k, $100k or even $1mil it's to be expected that the fees will go way up? To me it feel ok for now to pay the fees we have now but as more new money's pouring in and as we get more transactions, where will that leave the fees, does anyone have an idea?

Yes even not with the amount in bitcoin but in the USD value of itself. Right now 200,000 satoshis is around $5, if bitcoin price will increase more that 200,000 satoshis will be more worth in USD value any maybe can become $50 in the future.

So if the bitcoin amount fee will rise too while having a high USD value then you can really say that price is extremely horrible and ridiculous.