Post
Topic
Board Bitcoin Discussion
Re: The Effect Of BitCoin Fees Dropping Significantly
by
Gontxi
on 25/02/2018, 09:05:52 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?


in my opinion, the amount of decline for bitcoin transactions because the price is currently unstable and down. this is what causes the decline. I'm not too sure this will last long, it will likely rise again once the bitcoin value reaches the previous price that has been achieved.