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?
Let's be honest around 15$ in a normal transaction was pretty high you could be making up to 5 transactions per day that would cost you 75$ which is ridiculous, I think with the number of users the fee where I'm comfortable paying is in the range of 5$ per transaction.
Still, it solves one of the biggest problems in the world that is why it is still the best and number one cryptocurrency in the market, Ethereum has almost double or triple that fees sometimes.
At this time more people are just sticking for investment when it comes to bitcoin, well transactions let's be honest bitcoin is pretty slow compared to other networks and Ethereum which is pretty fast but around 1.3million transactions daily.