Post
Topic
Board Bitcoin Discussion
Re: Fees high
by
Twinkledoe
on 26/05/2020, 23:45:23 UTC
Just a few addition for the users above who made some good enlightening. You can always opt to use other alts which has low transaction fees, dogecoin is one example.
If you're not in a hurry, you can still choose to have lower fee, but would take a bit longer to reach your wallet.

Nevertheless, this high transaction fees doesn't stay forever anyway. People are already expecting this to happen after the halving.

I know who network works, I don’t wait any user explain me about it.
The goal is to attract people’s not send him to other coins like dogecoin.
Strong community. Strong bitcoin.

Well, that's a good goal and I stand corrected. Then what's the least we can do to achieve such low fees in Bitcoin network? High transaction fees, Bitcoin scalability, That's the usual problem in the network, but what else's stops people, you from not using Bitcoin?

You might be using an exchange then, because you're so affected by the rise of transaction fees? The very reason why I suggested you to switch to other alt for you to save a few bucks. But, then again the goal is different, I though you are looking to save some fees.
Thanks for clarifying. Bitcoin will always be strong.

No I don’t want to save fees. I want a bitcoin accessible to all people’s not only for those who can pay high fees, there are countries with basic monthly salary lower 300$ do you think this people’s if adopt bitcoin will be able to pay 5+$ fee per tx ??

This is really the bottleneck for adoption. Right now, with high fees, a lot can't afford such transaction fees. I hope LN will be more popular to use among merchants and crypto users. Maybe, this is one solution to address of having very high fees in terms of btc.