Quote from: Viakor on November 23, 2017, 12:01:27 PM

Quote from: mr_enoc on November 18, 2017, 11:09:43 PM

Quote from: fearcoka on November 18, 2017, 03:37:45 PM

Quote from: mintomia199 on November 16, 2017, 07:58:42 PM

i think it is fair fee.when price increase,fee is also increase simultaneously and vice versa.in my opinion it is fair fee and i like the process from my heart.

The transaction increases does not mean the value of Bitcoin increased made its transaction fees also increase the value. You do not know we always need to saving our Bitcoin for future while the Bitcoin miner always raise the transaction fees when the price of Bitcoin increases fastly or create new all time high price.

I don't think that is right, when bitcoin value increase transaction fees are also increases? Grin

Does it mean that they are having a hard time when btc price increases or they are doing it for their own benefits and take advantage of the situation that bitcoin user cannot react and do some actions because transaction fees are common and natural flow when you are doing some transaction.

Fees are commonly paid in every transaction but the higher transaction fees is not fair.

I am with you it is not fair. When bitcoin is rising up the fees are mostly also rising up. This will make a hard time for low investors because sometimes they want to spend it but they can't.

I know a friend who was earning from faucets he couldn't spend anything because the fees were so high.

It's not like the miners are controlling the transaction fee. When the price of bitcoin is increasing, people are rushing to cash out their bitcoins or exchange their altcoins to bitcoins and then withdraw it. A lot of movements are going on, a lot of transactions are happening, thus, the transaction fee is increasing. Y'all have to understand that that is how the transaction fees are computed. A lot of people are transacting so a lot of people are bidding higher and higher to get their transaction be confirmed first than others (or simply, have a higher priority than others).

Oh, about that friend of yours, the miners don't care about him. They don't care if he has stayed up all night just so he can earn that money from that faucet. They are not going to make an exception to your friend just because he made that money from such hard work. People here are smart enough to not waste their time on faucets, thus, people have more money than your friend. It might seem really high for him because he's in the lower class (in terms of the amount of bitcoin earnings) but it's "alright" for most bitcoin users.