Post
Topic
Board Bitcoin Discussion
Re: Reduced transaction fees
by
AVAMONEY
on 23/12/2017, 23:21:52 UTC
As the value of BTC has increased almost 10 fold, do we expect the fees to come down? The charge for small transactions are very high right now.
As long as the bitcoin price increases, transaction fees are also striking. I don't really expect fee's to come down, just make sense, bitcoin increasing so the fee's are also increasing.
I think when Bitcoin development launching a success Lightning Network first transaction, this would become to solve all of this. But in fact, it will takes more time for some wallet service and exchanges accept this, since it will have impact in miners which miners will takes first tx with more high fees in mempool to be mined priority.