Post
Topic
Board Bitcoin Discussion
Re: Fees high
by
Salamstar
on 02/11/2020, 11:24:34 UTC
Fees are still high.  I don’t think bitcoin is only for early miners who have a lot of bitcoins, and for rich people’s who have a lot of money they both can pay as High fees he wants. We have to focus on whole users wich don’t have *million of bitcoins and can’t handle such a high fees.

The increase in bitcoin sending fees is likely due to the higher bitcoin price and increased network usage. This is due to investors searching for alternative assets as the dollar has become less attractive due to its devaluation and inflation. As we can see, the network has become congested, as more people want to trade the currency as its price increases, so fees have risen to current levels.