Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin transaction fees fair?
by
cryptolerant
on 27/01/2018, 11:59:04 UTC
Everyone wanted higher bitcoin price and we achieved this but another problem become transaction fees. When bitcoin's price was low, we had to pay also low fee and now when it rised, we have to pay high fee in bitcoins and plus that high fee is more higher with current price. Is this fair? The higher the price, the more money miners have with bitcoin exchange.
To my mind when price becomes high, we have to pay low fee and when it becomes low, than fee has to be high. To my mind it had to be done like this from the begining.

Definitely it's fair price, as yoou can see when bitcoin falls there are many buyers and investors are rush selling, when bitcoin price go high is still valid, how can you can say it is not fair? It's 2018 already and lot's of sellers, holders, traders don't act any uncessary movement. Well that's the cycle of life of bitcoin.

I am totally disagree! Transaction fees and transaction times are getting ridiculous every day. We all dream that blockchain will be part of life but how will you buy little things like cost a dollar? You will have to pay 25 times more transaction fee. As long as bitcoin dev doesn't solve this problem, it will effect its own future.