Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin transaction fees fair?
by
nick_nick
on 05/12/2017, 00:35:42 UTC
remember that are not the miners that make the fee, they could accept even the lowest fee if everyone was using the lowest one and reducing the average, it's up to the peple that decide what fee to use

if for example everyone start now to lower his fee the average would be like the old 10k satoshi per transaction, but instead everyone is rushing to have his/her transaction prioritized and this is increasing the average, miners have no fault here
I perfectly agree with you. We should be mindful that bitcoin is a decentralized currency and nobody controls its regulation which includes transaction fees; and since everyone wants his or her transactions prioritized, fees charged for transactions are bound to increase