Post
Topic
Board Bitcoin Discussion
Re: Will bitcoin transaction fees be too high in the future?
by
CarnagexD
on 10/10/2020, 21:38:49 UTC
It depends on the bitcoin price, if the price goes up then fee s price also increase, also it depends on transaction volume.
Fee increase is inevitable. This is the price to pay with bitcoin's decentralized function. A pretty big one so to speak. But I hope the people working on bitcoin's development somehow find a loophole that would allow us normal investors to transact with bitcoin without the worry of breaking the bank. Coz as of now pretty much we can only hope for the fees to go down is for the price of bitcoin to go down too.