Post
Topic
Board Bitcoin Discussion
Re: Complaining about fees when fees are low... are you serious?
by
nullius
on 18/03/2018, 10:21:07 UTC
12$ for 1 transaction is a big fee to kill BTC

(Note that fees are denominated in BTC, not fiat.)  I am regularly making transactions for between the equivalent of 2¢ and 20¢—that’s right, $0.02 to $0.20, depending on how heavily loaded the network is.  Worst case recently was the equivalent of about a dollar.  How the hell are you spending the equivalent of USD $12 for 1 tx?  Are you using some stupid exchange?  Are you not using Segwit?  Even that would not explain it.  For a typical transaction by an individual, you are overpaying by at least tenfold!

Or are you just spreading FUD against Bitcoin due to some other agenda?

I think BTC will die soon

I think another coin will change the world but not BTC

...and you?

It's the same problem I guess and it's definitely unfair considering how much I'm sending and the crazy expensive the transaction fee is. I'm better of sending money using fiat instead. I don't really want to use bitcoins to transfer money if it is really cheap.

So, go ahead:  Use fiat.  Paypal sounds about right for you.

Also, I suggest that you should try reading.  How does all this complaining about fees appear in this stupid thread directly after I posted a notice that fees are low right now and you can make them lower by using Segwit addresses: