Quote from: FlightyPouch on July 16, 2017, 09:45:45 PM

Quote from: Nathland on July 16, 2017, 02:33:19 PM

i dont think cryptocurrencies are better because they can not work offline and transactions are not very quick like they are in conventional money. moreover,transactions charge high feesBTC which makes their use impossible for small transactions.

Why do people hate the high fees while the price of bitcoin is so high and the people using it multiplying, the fees will obviously be having an increase too.

Because that's not how it was supposed to happen:

Quote from: satoshi on February 14, 2010, 06:28:03 AM

Quote from: SmokeTooMuch on February 12, 2010, 01:11:09 PM

why do we even need fees ? i thougt the no-fees-feature was one of the advantages of bitcoin ?!

Almost all transactions are free. A transaction is over the maximum size limit if it has to add up more than 500 of the largest payments you've received to make up the amount. A transaction over the size limit can still be sent if a small fee is added.

The average transaction, and anything up to 500 times bigger than average, is free.

It's only when you're sending a really huge transaction that the transaction fee ever comes into play, and even then it only works out to something like 0.002% of the amount. It's not money sucked out of the system, it just goes to other nodes. If you're sad about paying the fee, you could always turn the tables and run a node yourself and maybe someday rake in a 0.44 fee yourself.

Also the fees are so high I might as well use Paypal, Visa or domestic electronic payment methods.