Post
Topic
Board Bitcoin Discussion
Re: future bitcoin transaction fees
by
shesheboy
on 24/07/2018, 09:16:44 UTC

Currently the cost of bitcoin transactions is very cheap due to the relatively small amount of transactions, moving 48,000 bits per 4 cents, very cheap compared to December 2017 at some time up to $ 50 due to too many transactions at that time. . However, when the market recovers, there will be many transactions to be made and then whether technologies such as Segwit or Lightning network will help bitcoin trading faster and transaction costs do not become expensive. or not?

Do you know why on december bitcoin price was expensive ? It was because the price of bitcoin. The price was skyrocketing at december 2017,
so the bitcoin fee is very high too. Many peoples bought bitcoin because they didn't want to left by the hype train, many transactions have been made so the fee high.

Thats right.  The price of transaction fees will also be dependent on the value of bitcoin . that is the reason that the fees last year are more expensive than the fees today .    right now , we cannot predict what will be the transaction fees on the future because bitcoin will always be volatile  .

@op , if fees is you only concern when using a bitcoin , then i suggest youd better use some other alts like dash or litecone because those alts were known to have a cheap fees plus , their procesing time is also more faster because they are less indemand than bitcoinm