Post
Topic
Board Bitcoin Discussion
Re: High Transaction Charges
by
secondgarlic
on 23/02/2018, 11:51:05 UTC
Over the past few months, transaction charges for bitcoin have gone very high. But miners are not getting paid what they should be. Appropriate solution is needed to get rid of high transaction charges.

bitcoin transfer fee reached the 34 USD per transaction which the people saw that bitcoin is hard to have as a regular currency, and i believe one of the reason why this Bitcoin fall. But this month also is the best thing as bitcoin transfer fee are really low now and they are engaging to solve the problem and not any longer now bitcoin will have the trasfer fee at free rate and much faster.

Unless segwit adoption takes off, or lightning network takes too long to get implemented, once bitcoin rises in popularity once again, we're going to see the high transaction fees again. So I think the main reason behind the high fees has not been addressed yet, we probably will experience the same problems eventually.