Hi guys,i just wanna knows that why the transaction fee for bitcoins is increasing everyday.Some days before i send bitcoin to a trader the fee was 0.0005btc but yesterday i repeat the same transaction same amount then the fee was 0.0006 btc.
Please correct me if i am posted in wrong section.
I think the increase in transaction fees is related to the current economic situation. Because the price of Bitcoin fell sharply, the transaction significantly decreased. They do not handle as many transactions as before so they have to increase transaction fees to ensure monthly sales.Please correct me if i am posted in wrong section.