Re: Why bitcoin transaction fee keeps increasing?

Quote from: jcarlo on November 19, 2018, 07:22:00 AM

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.

I dont have a lot transaction using bitcoin. I am keeping my bitcoin in exchanger wallet because i can trade with easily. Maybe the fee getting higher because bitcoin transaction in market getting higher than before

In my opinion this is because an increase in transactions in the network of Bitcoin so the Miner would take a higher fee
as first transfer than a small fee. I also rarely transactions with Bitcoin, because I like to save for the long term.