Post
Topic
Board Bitcoin Discussion
Re: Fees high
by
NeuroticFish
on 03/06/2020, 15:23:31 UTC
Fees after halving were ridiculous! I've been so used to send transactions with a 1 sat fee that my transaction got stuck in mempool for 10 days! Sad not to mention having to pay like $3 fee for a $5 transaction. That's why ETH has gained so much momentum lately.

I've sent more than 1000$ for less than 10 cents fee just because I've waited a cool down period. Of course, this is not always possible.
Also the fees are not related to the value you are transacting, so the 5$ and 1000$ figures are useless.

And also Ethereum network is pretty much crowded too lately and I fear that if the trend continues sooner or later you'll face the same issues on ETH.