Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin transaction fees fair?
by
batang_bitcoin
on 10/12/2017, 22:39:44 UTC
High fess may be a haul as a result of folks aren't attending to build little transactions with bitcoins due to fess. It will limit bitcoin to merely larger transections.
It may result for that but most of the transactors know what to do. Everyone will just let this pass and wait for the fees to get down. The fees now are really high and though the fees are high people are still transacting with bitcoin because it's the most popular coin and it will make transactions lower because of it.
what was really the thing that affect about the fee of bitcoin is the price of it why they can take the lower fee if the rice of bitcoin is very high of course they can make an higher fee on it.
No, not that really the price since there are few times that I transacted with the ATH but the fee isn't too high it goes around $0.05 - $0.6 I guess, I can't remember the exact amount. But that does matter too, when before 0.0001 BTC fee is very cheap and now if we will convert it with the current price of bitcoin that will make it not cheap anymore. Before it was like a cents to us but not anymore.