Post
Topic
Board Economics
Re: bitcoin transactions costs in the future
by
Vishnu.Reang
on 25/05/2019, 17:23:10 UTC
Right now, it costs around $3 to send Bitcoins. But as the number of users increase, this can also go up. If you remember, during the peak of the bitcoin bull run in 2017, we had fee ranging from $30 to $50 for a single transaction. The mining pools were making a killing back then. But the strategy backfired, as the users shifted to ETH, LTC and BCH.