Quote from: basyang on November 14, 2018, 08:31:33 PM

Quote from: akram143 on November 09, 2017, 09:47:23 AM

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.

Based on my experience. the transaction fee for bitcoin is depend how much money you will send. There has a site that have a matrix of transaction to follow. Even though we do not like it we have no choice but to follow it. Well think there has a reason behind it they have a basis calculation of it before they implement that kind of transaction fee.

No, AFAIK it does NOT depend on the amount you are paying.
It's not like Western Union.

It depends on
- the size, in bytes, of the transaction, and that in turn depends on how many inputs you are using, i.e. whether your funds are coming from only one of your addresses or more than one, makes a difference on the size of the transaction in bytes, and hence on the fee

- how congested the network is. If too many people are sending transactions, miners may not be able to serve everybody in short time, so they will give priority to the ones paying a high fee, then they serve the others

Now, about the second point i thought that the dev team made some improvements this year in order to reduce congestion, but i haven't checked if those improvements actually work. We'll see