why are Bitcoin transfer fees increasing?
its getting ridiculous seeing as converting 370$ worth of dash over to Bitcoin resulted in a fee of 27$ and then transferring the 343 worth in Bitcoin to another wallet cost around another 29 and then transferring it to my Bitpay card from there cost 18 bucks which left me with 297 bucks out of the 370 in dash that I had.
Bitcoin fees used to be far less correct?
how can a Bitcoin economy work if you have to pay such absurd fees especially if you paying directly in Bitcoin to a business that accepts it?
Is there a way to fix these out of control fees?
Bitcoin network is working at max capacity for several years now, so fiulpro has a point. The fees aren't necessarily higher, but since the price of bitcoin is higher, it looks like you are paying more. Although I might agree with that perspective, we still need to accept that something needs to be done regarding the fees. If BTC grows to $100k it will be impossible to transact small amounts of bitcoin, and that is not the point.
As for solutions, a faster adoption on segwit by wallets and exchanges could help a little in the short term, and coinbase is finally going to do it, but what we really need, is for the lightning network to be deployed. Let's hope it wont take to long for that to happen, otherwise it will be hard to use our coins.