Post
Topic
Board Bitcoin Discussion
Re: Bitcoin sending fees... are you serious?
by
khaled0111
on 16/12/2017, 23:46:25 UTC
I haven't sent btc in a while.  Back when i sent btc, fees were less than 50 cents.  Maybe 3 dollars?  I went and tried to send less than 30 dollars of btc... fees show up as 12 dollars on electrum and thats with the lowest possible fee where i make it send within 25 blocks.  Now if you want to send under 1 dollar, it cost 12 dollars.  When is this issue getting fixed?  Who in their right mind would send btc for small amounts when even the fee is that much?  Its like paying 12 dollars for something you want to buy that is 1 dollar?

No one is sending small amount lately which makes Bitcoin network useless for many people.
It is ironic to know that the first bitcoin transaction was sent to pay for a pizza, now no one will do that because of high fees.
Everyone want to buy Bitcoins and hold but what will be it good for if you can't use it as a regular currency!
Maybe the lightning network or something else will fix this problem otherwise Bitcoin will have no future.