Quote from: thebanker28 on September 30, 2017, 05:15:40 PM

Bitcoin transaction fees, and associated confirmation times on the network are on a steep upward curve. Have a read of the linked article. What do you think the answer to this is? Do the transaction fees limit Bitcoin to an "invest-able" or can it ever become a daily currency?

"Fees for sending money over the distributed-ledger network have risen nearly 19-fold, from 13 cents per average transaction in the second quarter of 2016 to $2.40 in the same quarter of this year, according to researcher CoinDesk."

http://www.thegazette.com/subject/news/business/paying-15-to-send-25-cost-has-bitcoin-users-rethinking-practicality-20170929

I am yet to understand the dynamics that makes the transaction fees go way up and later come down. I am also guessing that just as bitcoins value is so volatile, the same can be said for the transaction fees because it follows the same exact trend as bitcoin when it rises and falls.