Post
Topic
Board Bitcoin Discussion
Re: Transaction fees grow 1300%
by
Gens09
on 21/11/2017, 07:27:27 UTC
The data is very clear. In the past year transaction fees have grown more than 1300%:

https://blockchain.info/charts/cost-per-transaction?timespan=1year


a year ago it was less than 5$ per transaction, now we are close to 70$ on average.





Obviously this is not a surprise to everyone i guess because we all know the the bitcoin price in the market is skyrocket so i guess we would also expect a higher fee in every transaction for a 0.001 fee on the last year would not cause you a lot but for the price of bitcoin today you could now notice that the small amount of that bitcoin is already increases a lot today.