Quote from: ricardobs on May 25, 2019, 07:19:39 AM

Quote from: GregH37 on May 23, 2019, 08:42:05 AM

Quote from: Cosbycoin on May 22, 2019, 07:56:50 AM

Quote from: jessicalea on May 20, 2019, 09:33:35 AM

Where you get this analysis? I have recently traded some bitcoins with very low transaction fees and this exchange also provide a secure wallet.
"Trade with Confidence"

Of course it is easier, faster and less expensive than banks to get your money transferred in Bitcoins. You have gotten that cost of trust eliminated if you use Bitcoins to transfer your money. I do not know why you find the fee so high. Did you do the comparative analysis? You could still try to look for alternatives that might enable you to save money that you paid as transaction fee but I think there would be little difference.

Do people still want to compare the transaction fees they pay using a traditional centralized system to what they pay when using the decentralized system of blockchain for their transaction. If we consider so many things that blockchain transaction has even eliminated from the normal ways we have been transacting of business, we would realized that it is not even up to 1 % of what we would have lost if we had gone through the other local way.

I think we just need to learn to appreciate the system and stop looking for everything to be free and to me, most of the transactions I have done through blockchain has been fast enough for me.

Talking about the transaction fee, Bitcoin has dramatically reduced the transaction fee as compared to the banks or other third parties who would charge you something called the cost of trust much higher in value as compared to what you have to bear here. This is the reason people prefer to transfer their money in the form of Bitcoin-and transaction stays between the payer and the payee.

And this is where Bitcoin is do much preferred yet making transactions peer to peer without any 3rd party involve which do make it as a gem but

Soaring fees would be the main problem when BItcoin networks tend soar and have that kind of price rally.It do charges even more that on a usual fiat transaction
and this is the flaw I'm seeing with btc.