Post
Topic
Board Bitcoin Discussion
Re: Reduced transaction fees
by
olubams
on 28/11/2017, 04:25:27 UTC
As the value of BTC has increased almost 10 fold, do we expect the fees to come down? The charge for small transactions are very high right now.

We are glad for high prices but that should not translate to high fees which is what a lot of people are clamouring about but I am kind of indifferent to situations like that because when I want to make a transaction, I consider the amount of time I have in my hand to wait for the  transaction to get confirmed and that is what will determine whether I will pay high or low fees. For the small transactions, the best is to avoid it if possible by all means for now as its not anywhere close to being economical.