Post
Topic
Board Bitcoin Discussion
Re: Bitcoin transaction cost so high? Why?
by
Kprawn
on 13/07/2017, 15:17:16 UTC
Bitcoin is the crypto currency of the future and it was created primarily for large purposes, therefore, transactions are correspondingly high, but with the help of this currency one can earn very well.

Wasn't Bitcoin created for micro-transactions and that a transaction should cost only a few cents?

The tx fees has come down to normal levels now, so I do not know what wallet service you used. Some of these services are raping uniformed

users by not adjusting their fees to the current situation. You should give us more information to determine why your fees are that high. Yes,

Bitcoin can manage micro transactions very well under normal circumstances.. but for a while now, people with hidden agendas were spamming

the shit out of the network and this has lead to an increase in fees. SegWit will make these attacks a lot more expensive, so things are looking

much better for the future.  Grin