Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin transaction fees fair?
by
watchbay30
on 17/12/2017, 09:06:35 UTC
I think it depends on the application who are transfering your coins if it is more secured. In my side, It is ok for me to pay high fees if the transaction is fast and there is no way for my coins to get hacked by any other users.
It would sound like a bank system they always charge more and they also delay the work as much as possible for them but with the Bitcoin the case is different at first when it was charging some part of the transaction which was at that time priced low but that same part now is more costly due to the high price also due to the heavy network size but only transactions and not the issue here if you see it clearly then you can identify that we have to do some of chain transactions like the uses transacting from blockchain to there another blockchain account should not be taken fees because they are transacting in their own network this way we can minimise the consumption of fees.