Quote from: Sithara007 on Today at 04:11:06 AM

Quote from: ArthurY on April 17, 2021, 01:53:30 PM

Should we use Bitcoin for regular transaction now? While mempool is overloaded
So average transaction fee right now is about 16 bucks. Is it to much?

Low priority transactions with fee of around 25 Sat/Byte got confirmed during last hour. So the median fee for low priority transactions stand at around $2 right now. So in case you can wait for 1-2 hours to get your confirmation, you can input a fee of 20-30 Sat/Byte. The Mempool size is still a concern for me. It is still above 200 MB, which is almost 3 times higher than the average size. It will take a few days, or even weeks to clear the backlog.

That' s exactly what I had in mind.
High transaction fees are paid by users who want their transaction confirmed by ASAP. I still try to plan ahead and use low priority transactions with a small fee because I don't mind waiting a few hours or even a whole day for the transaction to be verified.
There is no reason to pay high fees if there is no urgency in your transaction.