Post
Topic
Board Bitcoin Discussion
Re: Bitcoin transaction fee just 1 cent for 10,000 dollars
by
mining_spaceship
on 27/03/2018, 07:25:08 UTC
Now the transaction fee has become such lower that we are now able to send even 10,000 dollars for just 1 cent as transaction fee.

Now the transaction volume has gone down to just 135k transactions per day.

Is this change in transaction fee due to segwit activation or due to decrease in crypto hype which is noticed nowadays?

https://www.reddit.com/r/Bitcoin/comments/87819l/bitcoin_transction_fee_10000_for_1_cent_cheaper/
I think so, since there was a huge increase in the number of SegWit transactions in the last few months.

And note that such results are without Lightning Network.

I guess that, once ready, LN will give a hard time for altcoins out there that have low fees as their main selling point.