Post
Topic
Board Bitcoin Discussion
Re: The Effect Of BitCoin Fees Dropping Significantly
by
carlisle1
on 23/02/2018, 03:00:01 UTC
Not sure how many people noticed but the cost of sending BitCoin has dropped significantly of late. One of the biggest complaints about BitCoin vs altcoins is the speed in the cost. Lightning is supposed to solve the speed issue and it appears that the cost issue isn't so much of a problem these days.

The average cost was about $26 but now it's down to about $3.

My question is what effect do you think this will have on altcoins? In my view, this makes BitCoin more attractive. And secondly, does anyone believe this is a long-term change (the drop in price) or is this merely temporary?
i guess this is because theres no congestion this days and thats why fees lowered and for sure lightning network has something do abiut this,i dont know if this is temporary or permanent but for me whats important is the effect of lower fees may rise the bitcoin price again,those investors who transferred in altcoin may come back again