Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin transaction fees fair?
by
santieevanz
on 23/02/2018, 23:18:21 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.
In my opinion, the reason why transactions fees in bitcoin are high was because the current price of btc is also high which is just fair for me. As long as it never asks all of us to pay 50% of the amount of our btc then for me it is all fine. As the matter of fact, they also need to earn for every transactions that people make. This is what their service does, to please and give customers/client to use their exchange for they will give them the best service they all have in return.