Post
Topic
Board Bitcoin Technical Support
Re: Today fee of bitcoin transactions is increased
by
HeRetiK
on 23/07/2018, 14:56:08 UTC
So can you explain why during June 20-24 when BTC was at 6600-6000, the fee was on average 2.50$ while now, with BTC over 7500$ the fee is on average 0.70$ Huh

Price has nothing to do with the fee, stop saying that...

That's what happens when people still think in fiat terms Wink

While I wouldn't say that the price has nothing to do with the fee (ie. everything else being equal, BTC @ USD 300,- was cheaper to send in fiat terms than BTC @ USD 6,000,-) it definitely is one of the lesser factors as seen during the December 2017 mempool congestion.