Re: Transaction fees grow 1300%

Quote from: freightjoe on November 21, 2017, 06:42:50 AM

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.

for example a charges fee for every transactoin is 0.0001 for sending the bitcoin amount of 0.004 so if you converted into the dollar the transaction fees are increasing because bitcoin are also increasing the price value comparing into the dollar rate value and i think nothing additional increase charges for the fees.