Post
Topic
Board Bitcoin Discussion
Re: Transaction price Bitcoin
by
jademaxsuy
on 19/07/2020, 03:52:09 UTC
Today I was amazed at how low the commission was when transferring 0.07 bitcoins. Only 192 sat !!! The transfer took about 10-20 seconds. It's very, very cool. About $ 650 for $ 0.017 - this is something! Bitcoin is the future!


This is very good news. As I said before, the bitcoin transition price will return to its previous place. It's just that the bitcoin transaction fee goes up a lot of the time but it's for a while. When the transaction price of Bitcoin increases, it soon returns to its former place. Just be patient when the bitcoin transaction price goes up.

Probably low traffic and there are lots of miners to process bitcoin transactions. This would be the great time also to transfer bitcoin holdings from one wallet to other secured wallet. It has beem observe that there are lots of scammers to prevent from accessing funds. Usually it is better to hold btc in different wallets.

If the transaction fee goes high then it might be good just to hold btc in that certain wallet and avoid doing transfer unless it is very needed or when one had already gaining profits.