I was about to transfer BTC to customer and seen that coinbase is charging a $23.91 USD fee for the transfer of $10 USD in BTC!!! This is outrageous. The point of bitcoin is so that you do not pay these large fees for simple transfers. So is coinbase going under???
They are charging this much fee because of too much traffic in bitcoin network if your transaction have to be confirmed fast then you need to pay this much amount of money.But this makes the bitcoin unusable in recent times I want to send bitcoin to someone but fee is too much expensive so I am waiting for to get lowerd.I hope this problem will be resolved soon.
Bitcoin community need to find permanent solution for this problem otherwise it will affect the future of bitcoin,Bitcoin wad found to be used as currency so people don't want to wait for in days to make a payment.
Implementing lightning network will solve this problem so we have to implement that as soon as possible.