Post
Topic
Board Bitcoin Discussion
Re: big transactions fees are a problem for bitcoin!!?
by
fuer44
on 01/03/2018, 15:01:58 UTC
One of the early edge/advantage of bitcoin are the following;
1. Fast Transaction
2. Low Transaction fees
3. Secure
4. Being Anonymous 

Now I don't think that bitcoin still has this advantage over the current monetary system. what do you think?

Read this article: https://www.cnbc.com/2017/12/19/big-transactions-fees-are-a-problem-for-bitcoin.html

bitcoin at the early indeed fast, it is because the network still not crowded.
the demands still low. but now, the demands of bitcoin is far increased from that time.
so the transaction time, fees are require more.
you are right, but the fee is too big. if the bitcoin transaction to another account is $ 25, and the fee is $ 16? it's almost 60% and that's too big. its better fee should be 5% or 10% for every transaction.