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Bitcoin => Bitcoin Discussion => Topic started by: brawdias on May 07, 2018, 01:25:09 PM



Title: Bitcoin fees
Post by: brawdias on May 07, 2018, 01:25:09 PM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.


Title: Re: Bitcoin fees
Post by: batang_bitcoin on May 07, 2018, 01:29:42 PM
You can compare with these sites.

BTC - https://bitcoinfees.earn.com/

Eth - https://bitinfocharts.com/comparison/ethereum-transactionfees.html
      - https://ethgasstation.info/

The most feature that every coin is developing are about the fee and faster confirmation.
If it's about the fees most will be in favor of ETH.


Title: Re: Bitcoin fees
Post by: 12tribes on May 07, 2018, 01:30:13 PM
I personally feel that the fees charged on bitcoin or ethereum is more of the function of the wallet API backers or the exchanger employed for the transaction. Usually sites like Xapo, Coinbase and a few others a fixed fee and a percentage on a certain range of currency been bought or sold. There will be upcoming sites that may review this trend to attrract more cliente in the near future.


Title: Re: Bitcoin fees
Post by: Xester on May 07, 2018, 01:31:20 PM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.

Transacting with the use of bitcoin have bigger fees compared to Ethereum but that is if you are sending to an external wallet. To avoid those high fees there is a way of doing that. And that is to use one and the same web-wallet host website. For example like coins.ph if you transfer bitcoins to other users using the same site there are no fees but if you are going to send it to external wallets then that is the time that you will pay the huge transaction fees.


Title: Re: Bitcoin fees
Post by: Chaki on May 07, 2018, 01:41:56 PM
Why do you even ask about it, your deciding to create your own wallet or exchange? Wallet differ from each wallet how they charge transfer fee from wallet to wallet, and since BTC has bigger value than ETH then when you transfer them, then you can see also different in fees, depending on the wallet descriptions on how they give also their service to the user.


Title: Re: Bitcoin fees
Post by: stompix on May 07, 2018, 01:51:53 PM
You can compare with these sites.

BTC - https://bitcoinfees.earn.com/

Eth - https://bitinfocharts.com/comparison/ethereum-transactionfees.html
      - https://ethgasstation.info/

The most feature that every coin is developing are about the fee and faster confirmation.
If it's about the fees most will be in favor of ETH.

Stop using that website!!!. It is always wrong, asking you to pay more than is needed.

Is bitcoinfees.earn.com systematically overestimating fees? (https://bitcointalk.org/index.php?topic=2990283.msg30742682#msg30742682)

Use https://coinb.in/#fees.

Right now bitcoinfees is showing 50 satoshi per byte fee when a 10 satoshi per byte fee is enough for confirmation.






Title: Re: Bitcoin fees
Post by: Tmandeep on May 07, 2018, 02:03:31 PM
Transaction fees are included with your bitcoin transaction in order to have your transaction processed by a miner and confirmed by the Bitcoin network. The space available for transactions in a block is currently artificially limited to 1 MB. This means that to get your transaction processed quickly you will have to outbid other users.

This site keeps a record of how Bitcoin transaction fees evolve over time.

The fees shown at the historic charts and tables are in US dollars per transaction and in satoshis per byte.

We also show the latest fee estimate in US Dollars/transaction in the list below. To calculate the fees per transaction, we consider that the average Bitcoin transaction is about 250 bytes big.


Title: Re: Bitcoin fees
Post by: nanda1280 on May 07, 2018, 02:12:21 PM
Transaction bitcoin charges usually occur for free if the amount of Bitcoin shipped exceeds 0.01 BTC. Bitcoin in small quantities is given to miners as a reward for processing the transaction and putting it into blockchain. For now, most transactions are processed for free, but for deals that attract coins from multiple Bitcoin addresses so that it requires a larger portion of data, it will incur very small transaction fees.


Title: Re: Bitcoin fees
Post by: NeverSop on May 07, 2018, 03:41:04 PM
The bitcoin transaction fee is extremely low. It is based on modern blockchain technology. This is a great opportunity for investors to enter the cryptocurrency market with ease. Future bitcoin will increasingly attract more investors.


Title: Re: Bitcoin fees
Post by: pxo.011 on May 07, 2018, 03:47:27 PM
fees for any crypto is cheaper than what you get if the fee system is percentage it will never above 20% of your earnibgs but mostly they are using fixed fee that is why many of trader think they lost a lot in the fee.


Title: Re: Bitcoin fees
Post by: Virtual miner on May 07, 2018, 03:53:33 PM
You can compare with these sites.

BTC - https://bitcoinfees.earn.com/

Eth - https://bitinfocharts.com/comparison/ethereum-transactionfees.html
      - https://ethgasstation.info/

The most feature that every coin is developing are about the fee and faster confirmation.
If it's about the fees most will be in favor of ETH.
Yep!! Fess n faster confirmation are the factors that affect the decision of most of the investors regarding making an investment decision. Yet there are many other factors like value, performance, demand, etc. that help to determine the decision making regarding the crypto assets.

If you gotta consider the fees only, then that would not be a rationale investment decision. You see you are drawing comparison between two of the most strongest coins on the market platform. Both bitcoin and Etherum have their significant and valuable position in the market. But bitcoin is of course the BEST, keeping in mind all the factors. Rest choice is yours. (for the OP)


Title: Re: Bitcoin fees
Post by: JoshuaBlack1 on May 07, 2018, 03:54:17 PM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.

Scaling solutions will drastically reduce transaction costs and times over time I reckon. Eth with Raiden and Plasma and bitcoin with Lightning network and schnoor signatures once fully implemented will go along way to making that famous aim of buying a cup of coffee possible. Once the price discovery age we are in subsides that is.


Title: Re: Bitcoin fees
Post by: monalia on May 07, 2018, 04:13:21 PM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.
If you checking less transaction fees Ethereum is the right platform. But Bitcoin is little higher transaction fees so many peoples are suggest to Ethereum. I think Bitcoin is faster transaction and high transaction cost at the same time Ethereum is less transaction fees and little slower than Bitcoin.


Title: Re: Bitcoin fees
Post by: batang_bitcoin on May 07, 2018, 11:24:04 PM
~snip~
Hey mate thanks for the suggestion. I won't suggest that website anymore. Woah I saw the difference, it was overestimated and more than doubled. Though it's still depending on what exchange/wallet you are using with their recommended fee.

~snip~
I guess he's very worried with the fees there are some other altcoins that has lesser fees but I won't any of it since we are only discussing about ETH and bitcoin. I don't mind paying TX fees with bitcoin, feeling great to see and experience send more than $1k bucks with less than $1 fee.


Title: Re: Bitcoin fees
Post by: Meysa_richa on May 07, 2018, 11:26:55 PM
For transaction cost issues between bitcoin and ethereum I also choose to use ethereum in transactions, because ethereum is cheaper to use.


Title: Re: Bitcoin fees
Post by: yantorobi on May 07, 2018, 11:34:16 PM
the higher the bitcoin price the higher it will be for the fee from the transaction process and it has become part of cryptocurrency, not just bitcoin but also there is Etherium and the other again


Title: Re: Bitcoin fees
Post by: forumsehat on May 07, 2018, 11:38:00 PM
I think that about the cost issue it could be because of the price of coin and also the market in transactions, because the more rising coin price hence the transaction cost will increase also, but I prefer to use ethereum.


Title: Re: Bitcoin fees
Post by: kwakufavour on May 07, 2018, 11:44:39 PM
It had been long since I made a transaction on the Bitcoin blockchain but I realized transactions have become faster than they used to be.
Transactions fees are cool for me even tho less could be much better. Let's hope for more updates make it faster and smoother for more transactions.


Title: Re: Bitcoin fees
Post by: yoseph on May 08, 2018, 12:03:25 AM
the higher the bitcoin price the higher it will be for the fee from the transaction process and it has become part of cryptocurrency, not just bitcoin but also there is Etherium and the other again
The price of bitcoin doesn’t have anything to do with the fees but rather when there is too many backlogs of unconfirmed transaction due to small block size, it increases the fees accordingly with those paying higher fees getting their transactions confirmed early.


Title: Re: Bitcoin fees
Post by: iconternal on May 08, 2018, 12:16:54 AM
In terms of cost it is true that bitcoin cost here is more expensive than ethereum cost and this makes me like to use ethereum.


Title: Re: Bitcoin fees
Post by: Dondont on May 08, 2018, 11:01:29 PM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.

This is also become one of the thing that should be resolved soon. Bitcoin has a problem about its fee, also if calculated by bitcoin price right now. its still cant be compared. Some wallet provider and exchanger should make a rule about fee bitcoin.

i.e make a fixed fee 0.0001 BTC within certain amount of withdrawal maximum 0.1 BTC


Title: Re: Bitcoin fees
Post by: hakertajniak on May 09, 2018, 03:41:18 AM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.

in ethereum you can visit the site ethgasstation.info to know how much is the standard price of ethereum fee.
but for bitcoin, i don't know where to find out. but i think bitcoin fee is higher than ethereum fee if you compared them.


Title: Re: Bitcoin fees
Post by: juiceannabel on May 09, 2018, 09:03:39 AM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.

The fees of the coin is depend on the price of coin itself. For example bitcoin fee is higher than ethereum because bitcoin usd value is higher.
ethereum transaction fee is determined by the network. A network congestion can causing us to use more gas (fee) to send coin.


Title: Re: Bitcoin fees
Post by: klavyemaus52 on May 09, 2018, 09:07:41 AM
They are really so much i think bitcoin is bad idea for ''use'' but if you want to get profit u should buy bitcoin u should do transfers with altcoins


Title: Re: Bitcoin fees
Post by: Mr.Dick on May 09, 2018, 09:09:43 AM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.

If the fees are a criteria to you, you should also take a look at 3. generation currencys such as iota or ripple!


Title: Re: Bitcoin fees
Post by: stely41 on May 09, 2018, 09:48:37 AM
They are really so much i think bitcoin is bad idea for ''use'' but if you want to get profit u should buy bitcoin u should do transfers with altcoins
Supporters hope that bitcoin will one day offer the best of both worlds, supporting high demand and "low" fees that reflect the quality of service, while also supporting miners, computer operators who devote real-world costs to securing transactions.


Title: Re: Bitcoin fees
Post by: oliiecrypt3 on May 09, 2018, 10:15:59 AM
Both fees are frustrating but the advantages surpass the frustrations.


Title: Re: Bitcoin fees
Post by: samuraijin on May 09, 2018, 10:19:40 AM
I only recommend not to do too many small transactions, if you want to make transactions at least in large quantities so that the transaction costs look very small and you no longer really think about it, I think the transaction costs are looking cheap now and in fact not too questionable.


Title: Re: Bitcoin fees
Post by: penig on May 09, 2018, 10:26:56 AM
You can compare with these sites.

BTC - https://bitcoinfees.earn.com/

Eth - https://bitinfocharts.com/comparison/ethereum-transactionfees.html
      - https://ethgasstation.info/

The most feature that every coin is developing are about the fee and faster confirmation.
If it's about the fees most will be in favor of ETH.

Stop using that website!!!. It is always wrong, asking you to pay more than is needed.

Is bitcoinfees.earn.com systematically overestimating fees? (https://bitcointalk.org/index.php?topic=2990283.msg30742682#msg30742682)

Use https://coinb.in/#fees.

Right now bitcoinfees is showing 50 satoshi per byte fee when a 10 satoshi per byte fee is enough for confirmation.


The site you point to states they recommend a fee of get it into the next few blocks.  Bitcoinfees gives a recommendation for the next block.  It also shows  graph to let you decide other options, though i wish they'd show the total fee calculation for each band, not just the lowest 0 block wait.


Title: Re: Bitcoin fees
Post by: hogriderr on May 09, 2018, 04:52:16 PM
most transactions are processed for free, but for transactions that pull coins from many Bitcoin addresses so require a larger portion of data, it will incur a very small transaction fee but if the bitcoin price jumps are definitely charged the cost increment.


Title: Re: Bitcoin fees
Post by: stompix on May 09, 2018, 07:10:27 PM
You can compare with these sites.

BTC - https://bitcoinfees.earn.com/

Eth - https://bitinfocharts.com/comparison/ethereum-transactionfees.html
      - https://ethgasstation.info/

The most feature that every coin is developing are about the fee and faster confirmation.
If it's about the fees most will be in favor of ETH.

Stop using that website!!!. It is always wrong, asking you to pay more than is needed.

Is bitcoinfees.earn.com systematically overestimating fees? (https://bitcointalk.org/index.php?topic=2990283.msg30742682#msg30742682)

Use https://coinb.in/#fees.

Right now bitcoinfees is showing 50 satoshi per byte fee when a 10 satoshi per byte fee is enough for confirmation.


The site you point to states they recommend a fee of get it into the next few blocks.  Bitcoinfees gives a recommendation for the next block.  It also shows  graph to let you decide other options, though i wish they'd show the total fee calculation for each band, not just the lowest 0 block wait.

Right now bitcoinfees was showing 25 sat/b for getting into the next block.
The block mined was block 521946  (https://blockchain.info/block/00000000000000000005066128fe5a629c68a892cfbc716c0c5c71300fb2354e)

Just a few example of transactions included in this block:

https://blockchain.info/tx/f33155507239720e146ca3f03f7e6f22c49334ef311d460a22e85bf2edaa3aa2
Fee per byte   1 sat/B
https://blockchain.info/tx/2929af0f4242b8e0d248b47b6ee219d5f199d081d4d2d93b7085379cf5a6e87a
Fee per byte   1 sat/B
https://blockchain.info/tx/8f1ddbcb8dc15676d6119d55f8792fe2a2f0dccdbf86e26904e8cc1253607940
Fee per byte   1 sat/B
https://blockchain.info/tx/fa487ebf3354f82b335b1f6d362f2917745f9d22d33d1a7b770b9eb890b07271
Fee per byte   1.003 sat/B

Half of the block is made of transactions under 10sat/b and that website claims you should pay 25sat/b for getting into the next block?



Title: Re: Bitcoin fees
Post by: Stedsm on May 09, 2018, 07:23:02 PM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.

Probably a lot different in many ways.
If you use SegWit - you'll be paying not more than a few cents for your transaction to go through.
If you use Legacy wallets - you'll end up paying higher fees because SegWit discounts your transactions based on the number of total inputs that your SegWit address had.
Lightning Network is one another alternative that could bring this scalability issue to an end, but it's still not in an understandable format ATM (at least I can't understand it well).

But, comparing speeds, ETH does it a bit faster for you than Bitcoins because if the network isn't congested (recently, it got too much messed up), ETH transactions go through almost instantly and 30 block confirmations are a matter of few minutes to let other party (recipient) access your sent ETH on the other side.


Title: Re: Bitcoin fees
Post by: copoyes on May 09, 2018, 07:30:40 PM
which I know is judged from its block and its density, it must be several blocks in order to get to send and how much perblock it may be the difference


Title: Re: Bitcoin fees
Post by: matthewoz101 on May 09, 2018, 07:33:28 PM
As of April 2018, the average Bitcoin transaction fee is over 95% less than the fees seen during the cryptocurrency rush of late 2017. The average BTC fee is around $1 rn. The lightning network should make the fees significantly smaller, along with faster transaction speeds.

Many people, including myself, Sell BTC for ETH or LTC, and then use those coins to transfer to an exchange, then resell for BTC.

Ethereum fees are about $0.03 right now. Go figure why most people prefer using ETH over BTC. Hopefully that will change in the near future.


Title: Re: Bitcoin fees
Post by: bitvalak on May 09, 2018, 07:33:39 PM
as far as I'm concerned, the fee depends on the amount of miner and the amount of the transaction. If the number of transactions a lot then the amount of miner also must be a lot to minimize the cost of high fees. I think that all of the coins or basic tokens act like that.


Title: Re: Bitcoin fees
Post by: bitctrimor1 on May 09, 2018, 07:40:20 PM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.

In the recent times, Bitcoin transactions have commanded higher and higher transaction prices because that's where most of the Bitcoin trading platforms and businesses get their profit because the exchange of Bitcoin, in itself, is free of charge. So, for those entities that are geared to gain profit from cryptocurrency transactions, that's where they will look at and focus on, in terms of gaining profit.


Title: Re: Bitcoin fees
Post by: Abigail Asi on May 18, 2018, 11:50:10 AM
I personally think the charge is more of the wallet or exchange of the transaction.


Title: Re: Bitcoin fees
Post by: stayeduptolate on May 19, 2018, 12:05:34 PM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.
Bitcoin transactions fee has been going through a lot of controversy that they are charging very high amount of transactions fee from their consumers and therefore most of the user are either hesitating in investing into bitcoin or moving to other crypto currencies, this irregulated mean has create many problems to its users and this has become one of the reason why governments and other large companies are not against bitcoin and do not want to invest their money into bitcoin in fear of losing their money.


Title: Re: Bitcoin fees
Post by: sergio-faucetbitcoin on May 19, 2018, 12:10:57 PM
The fees on each network will depend on how many transactions there are on each of them. In early 2018 fees on Bitcoin were up to 20$ at one point ! For the future, it will also depend on the Lightning Network for Bitcoin and maybe projects like Raiden Network for Ethereum, which is basically LN for Eth.


Title: Re: Bitcoin fees
Post by: kang.reus on May 19, 2018, 12:23:36 PM
Bitcoin is a very highly profitable and profitable investment place for people who are successful or have managed their investment by traiding or other ways concerned with the name of bitcoin sites, bitcoin also privileges the penginvesnya because bitcoin is a place of very modern investment and digital se will will follow the current world era.


Title: Re: Bitcoin fees
Post by: Welhell on May 19, 2018, 12:37:04 PM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.

Fees are approximately the same for both of them, if we caculate it with Bitcoin or ETH. But, if we caculate it with USD price, Bitcoin's fee is more expensive than ETH.


Title: Re: Bitcoin fees
Post by: Choy13 on May 19, 2018, 12:57:19 PM
I can say that it depends on your bitcoin price. If the bitcoin price is higher then the transaction fee will be also high but if the bitcoin price is lower then the transaction fee is lower too. It is the part of the cryptocurrency of our world.


Title: Re: Bitcoin fees
Post by: pilnenkii on May 19, 2018, 01:08:34 PM
The transaction fee is extremely low. It is based on modern blockchain technology. This is an excellent opportunity for investors to easily enter the crypto currency market. In the future, bitcoin will attract investors more and more.


Title: Re: Bitcoin fees
Post by: andika2018 on May 19, 2018, 01:47:06 PM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.

As far I know, bitcoin fees more expensive as long bitcoin price getting higher but its still far lowest than banks fee when bitcoin price below $10k. Ethereum is more lower fee than bitcoin because as far i know ethreum price more lower than bitcoin.
But for transaction and transfer fund all around the world, transfer fee on bitcoin and ethereum is lower than banks fee


Title: Re: Bitcoin fees
Post by: thesmallgod on May 19, 2018, 04:05:37 PM
I have seen some interesting articles about cryptocurrency fees and I can say that there is some project startup that is working to address this. currently, bitcoin lightening network allow transaction of bitcoin with moderately small fees. also from experience the transaction fee paid depend on the type of wallet you are using and how fast you want your coin to be delivered. I use bitpay and I pay as small as 0.25 dollars for sending around 300 dollars. the fee can be reduced but the transaction rate will be slower


Title: Re: Bitcoin fees
Post by: lotakasa on May 21, 2018, 09:58:45 AM

The bitcoin fee will increasingly be proportional to its value


Title: Re: Bitcoin fees
Post by: Thirdspace on May 21, 2018, 02:15:26 PM
one thing for sure, you will lose your Gas (transaction fee) when your transaction failed caused by too low fees
with bitcoin, you won't lose your transaction fee when your transaction dropped by all nodes
ethereum gas is based on computational work of contract/transaction while bitcoin fee is based on transaction size


Title: Re: Bitcoin fees
Post by: mineko on May 28, 2018, 11:59:46 AM
I think if the transaction fee is reasonable, other coin coins also use transaction costs as well.


Title: Re: Bitcoin fees
Post by: BitcoinGirlOlga on June 10, 2018, 10:49:20 AM
Higher the bitcoin price the higher it will be for the fee from the transaction process and it has become part of cryptocurrency!!!


Title: Re: Bitcoin fees
Post by: poletando on June 10, 2018, 10:56:27 AM
bitcoin is have the expensive fee and the slower confirmation time than Ethereum, why? because we can see that bitcoin is have the more user than Ethereum and of course the queue of the transaction will be more than ethereum, it makes the fee and the time is slower than bitcoin


Title: Re: Bitcoin fees
Post by: Saritelli on June 10, 2018, 11:06:16 AM
Transactions in the network bitcoin are now not very expensive. But soon it will introduce lightning and this will make bitcoin much stronger. Transactions will be very cheap and will go very quickly.


Title: Re: Bitcoin fees
Post by: mineko on June 10, 2018, 11:46:38 AM
I think all the transaction costs are there, as well as other coin coins, and transactions. bitcoin is probably still standard, and other coins are the same, and that's partly for our future using bitcoin.


Title: Re: Bitcoin fees
Post by: kotulo on June 11, 2018, 08:21:07 AM

I think the transaction fee should be low
It will attract more investors in the future


Title: Re: Bitcoin fees
Post by: maneka on July 09, 2018, 03:08:59 PM
Bitcoin fees are decreasing:
- Fewer transactions result in lower transaction costs, which ensures that users integrate their bitcoin (BTC) into their SegWit account. Transactions from a SegWit benefit from lower transaction costs.
- Some commercial players have begun to see the benefits of using a BTC as a coin, though Steam and Stripe now reduce the cost of bitcoin payments and its volatility. Both companies accept bitcoin for bulk transactions, low value, and will continue to use bitcoin as a payment option.
- These payments may continue to be pushed down to the future Lightning Network (LN), a two-way payment channel, locking up time allowing almost free transactions. WooCommerce shows an active LN channel, although the LN solution is still in the testing phase in further development and testing.
- Lightning Network is a scalable bitcoin solution that makes bitcoin network more flexible and improves speed and transaction costs.
However, larger deals, such as real estate transactions in Miami and New York, school fees, even attorney fees continue to be paid by bitcoin. A Montessori school in New York even ranks bitcoin and ethereum on par with other cash or prepay transactions, and does not accept credit cards.


Title: Re: Bitcoin fees
Post by: satriagedhe on July 09, 2018, 03:33:24 PM
want added the info , in exchanger the bitcoin fee like 50 k satoshi - 100 k satoshi or like 3,3$-6,6$
and for etherum like 0.005 eth or 2.4$


Title: Re: Bitcoin fees
Post by: da7a1oad3r on July 09, 2018, 03:41:18 PM
Heard a lot of stories when a people been paying with BTC for something and the fee were two times higher the price ;D


Title: Re: Bitcoin fees
Post by: aliichaudhary on July 09, 2018, 04:14:49 PM
For transaction cost issues between bitcoin and ethereum I also choose to use ethereum in transactions, because ethereum is cheaper to use.


Title: Re: Bitcoin fees
Post by: etron on July 09, 2018, 04:22:05 PM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.
I think for both the coins are the same as etherum or bitcoin and here we as users are just to make a profit and to improve our lives from adversity so both coins are very important to make a profit. but if you want to search for profound profits do investment in bitcoin because bitcoin is the number one virtual currency.


Title: Re: Bitcoin fees
Post by: jayveerastrullo on July 09, 2018, 07:15:18 PM
So, bitcoin fees are really depends on the value of bitcoin. Like of bitcoib goes up the bitcoin fess will also goes up quite. And when the bitcoin drops then that is the time bitcoin fees will go down. Bitcoin value and bitcoin fees are directly proportional. And with bitcoin fees it is the only way of income of some websites so it's like you gain you share.


Title: Re: Bitcoin fees
Post by: Caxton10 on July 09, 2018, 08:53:19 PM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.
Low transaction fee is one of the strengths that ethereum has over bitcoin but it will take a long while for ethereum to out weighs bitcoin's potential.


Title: Re: Bitcoin fees
Post by: ajiejot on July 09, 2018, 09:05:40 PM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.
It is based on the traffic of the coin, for example, if there are many transaction at the same time in the network, it is the traffic of the network. For example in ethereum, there are many people sending ethereum to another wallet at the same time, so sometimes, the transaction fees are very high and expensive.


Title: Re: Bitcoin fees
Post by: royalparade01 on July 09, 2018, 09:50:23 PM
Transaction bitcoin charges usually occur for free if the amount of Bitcoin shipped exceeds 0.01 BTC. Bitcoin in small quantities is given to miners as a reward for processing the transaction and putting it into blockchain. For now, most transactions are processed for free, but for deals that attract coins from multiple Bitcoin addresses so that it requires a larger portion of data, it will incur very small transaction fees.


 
The fees displayed here are Satoshis (0.00000001 BTC) per byte of transaction data. Miners usually include transactions with the highest fee/byte first.
Wallets should base their fee calculations on this number, depending on how fast the user needs confirmations.


Title: Re: Bitcoin fees
Post by: Jimmi Andersen on July 10, 2018, 04:40:40 PM
Since we are talking about transaction fees, let me draw an analogy. Bitcoin has the most expensive Commission among all crypto-currencies. Ethereum has a much lower transaction rate, and it is much faster. Eos without Commission at all, but it found a lot of broken codes. Make a conclusion what coin is better. My choice Ethereum


Title: Re: Bitcoin fees
Post by: Arafat01775 on July 10, 2018, 05:11:24 PM
To me its normal think. Again many people think that its high. But not only bitcoin transaction fee is high than other coin. Its all fees are same fore currency. Its tottaly depends on your mind.


Title: Re: Bitcoin fees
Post by: richpham on July 13, 2018, 03:19:24 AM
There will be upcoming sites that can look at this trend to attract more customers in the near future. For example, if you transfer bitcoin to other users using the same site, there is no charge, but if you plan to send it to an external wallet then that is the time you will pay huge transaction fees.


Title: Re: Bitcoin fees
Post by: HatakeKakashi on July 13, 2018, 03:28:10 AM
Bitcoin and ethereum fees now is good or very low compared to the last year december 2017 when bitcoin reached 20k dollars the transaction fee increased too. But because bitcoin decreased price the fee also is decreased and this is very helpful.


Title: Re: Bitcoin fees
Post by: pedropenduko001 on July 13, 2018, 03:31:59 AM
I think the higher the price the higher the fees it will be for transaction process that's what i know


Title: Re: Bitcoin fees
Post by: Luigieee on July 13, 2018, 03:39:39 AM
Bitcoin was fee was high compared to ethereum,because bitcoin has so many user and the blockchain was getting to traffic so they need to take the fee into high to be getting fast you transaction.


Title: Re: Bitcoin fees
Post by: Shreek on July 13, 2018, 03:53:57 AM
on average I do withdraw using BTC in charge fee 0.001 BTC or equivalent to 6 USD
and if I withdraw using ETH is usually loaded at 0.005 ETH, or about 3 USD, but the Ethereum network that often experience constraints makes me prefer withdraw in the form of BTC


Title: Re: Bitcoin fees
Post by: dmty.0809 on July 13, 2018, 03:55:47 AM
For fee fee is seen from the price of coins, the more expensive the price of bitcoin and ethereum then the tax will be more expensive, I am sure it is. If the bitcoin price is 1 billion, then the tax could be 1 million transactions


Title: Re: Bitcoin fees
Post by: pendong101 on July 13, 2018, 04:02:01 AM
I think the higher you pay for fee is the faster you get transaction confirmation and it depends on the coin price too that's what i know


Title: Re: Bitcoin fees
Post by: triciaa478 on July 13, 2018, 04:04:59 AM
The bitcoin transaction fee is extremely low. It is based on modern blockchain technology. This is a great opportunity for investors to enter the cryptocurrency market with ease. Future bitcoin will increasingly attract more investors.
I don't think you have traded bitcoin before , if you have you won't say the bitcoin transaction fee is low. At a low peak when the network is not congested, I pay about 5 percent on my transanctions from blockchain.info account. Even that is not priority ,but regular.


Title: Re: Bitcoin fees
Post by: stompix on July 13, 2018, 12:45:22 PM
The bitcoin transaction fee is extremely low. It is based on modern blockchain technology. This is a great opportunity for investors to enter the cryptocurrency market with ease. Future bitcoin will increasingly attract more investors.
I don't think you have traded bitcoin before , if you have you won't say the bitcoin transaction fee is low. At a low peak when the network is not congested, I pay about 5 percent on my transanctions from blockchain.info account. Even that is not priority ,but regular.

It's you who is not understanding what fees are, not him.
You pay from a web wallet, a fee that is imposed by the company that owns it.
Blockchain.info can set withdraw fees as they wish, it doesn't matter what the average tx on the blockchain (not.info) is.
Same for locabitcoins which charges a deposit fee!!!!

In the last block, this tx (https://www.blockchain.com/en/btc/tx/a3cd9e44b2c734b3a7c0f89cf81510c4cc3fffbe428ab122838e926ccaaf913f) got confirmed..

Total Input   2 BTC
Total Output   1.999995 BTC
Fees   0.000005 BTC

Is this low enough for you?



Title: Re: Bitcoin fees
Post by: musta5a on July 13, 2018, 12:48:31 PM
So, bitcoin fees are really depends on the value of bitcoin. Like of bitcoib goes up the bitcoin fess will also goes up quite. And when the bitcoin drops then that is the time bitcoin fees will go down. Bitcoin value and bitcoin fees are directly proportional. And with bitcoin fees it is the only way of income of some websites so it's like you gain you share.


they go higher if you think of them in fiat. But truth is that if the price spikes then people are more interested in crypto and we see higher volume of transactions. That needs to be fixed


Title: Re: Bitcoin fees
Post by: patron bounty on July 13, 2018, 12:51:04 PM
The bitcoin transaction fee is extremely low. It is based on modern blockchain technology. This is a great opportunity for investors to enter the cryptocurrency market with ease. Future bitcoin will increasingly attract more investors.
I think at this time the cost is still too high, but we do not know.
maybe in the future bitcoin transaction costs will become cheaper than at present.


Title: Re: Bitcoin fees
Post by: waitforme on July 13, 2018, 12:54:11 PM
It is possible that Ethereum's current fees are meagre compared to Bitcoin because Ethereum has a lower price than Bitcoin. If Ethereum has the same rate as BItcoin, I'm sure the cost per transaction will be double Bitcoin.


Title: Re: Bitcoin fees
Post by: Lagduf on July 13, 2018, 01:15:24 PM
Bitcoin was fee was high compared to ethereum,because bitcoin has so many user and the blockchain was getting to traffic so they need to take the fee into high to be getting fast you transaction.
Before try to create any comment and i suggest you to visit this site https://bitcoinfees.earn.com/
The transaction fees is very cheap right now and then you can try to fuck off and stop to create the more bullshit thing about that. You are speaking nothing about that.


Title: Re: Bitcoin fees
Post by: tungaqhd on July 13, 2018, 01:26:00 PM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.
I am using blockchain wallet and the fee is very low i think (because i alway set it less than 4 usd). I think ETH fee is much higher i think but the speed might be faster because bitcoin transaction is very slow when there are too many people send it.


Title: Re: Bitcoin fees
Post by: suindendoshi on July 13, 2018, 01:54:37 PM
From my experience, I can say that the Commission of bitcoin is much higher than that of Ethereum. Also, bitcoin has a very small number of payments in processing and transactions can hang for a long time waiting for confirmation. I can't say the same about Ethereum. But here, too, there are disadvantages. There are other coins for example like waves which really have quite a lot of advantages unlike bitcoin and Ethereum.


Title: Re: Bitcoin fees
Post by: IanKaramazov on July 13, 2018, 01:58:02 PM
If you use exchanges, it vary.
Generally bitcoin has higher transactions fee.
If you use wallet, it depends on how much you are willing to pay for the fees to get a higher speed of confirmations. You can pay as low as almost zero fee for both bitcoin and ETH with wallets.


Title: Re: Bitcoin fees
Post by: Asimmo on July 13, 2018, 02:05:05 PM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.

Transacting with the use of bitcoin have bigger fees compared to Ethereum but that is if you are sending to an external wallet. To avoid those high fees there is a way of doing that. And that is to use one and the same web-wallet host website. For example like coins.ph if you transfer bitcoins to other users using the same site there are no fees but if you are going to send it to external wallets then that is the time that you will pay the huge transaction fees.
Really didn`t know this.
Is it valid for other websites as well?
Is BTC transaction fee the same for every exchange or it only depends beneficiary`s wallet address location?
Can someone clarify exactly?


Title: Re: Bitcoin fees
Post by: buwaytress on July 13, 2018, 02:19:50 PM
The bitcoin transaction fee is extremely low. It is based on modern blockchain technology. This is a great opportunity for investors to enter the cryptocurrency market with ease. Future bitcoin will increasingly attract more investors.
I don't think you have traded bitcoin before , if you have you won't say the bitcoin transaction fee is low. At a low peak when the network is not congested, I pay about 5 percent on my transanctions from blockchain.info account. Even that is not priority ,but regular.
It's you who is not understanding what fees are, not him.
You pay from a web wallet, a fee that is imposed by the company that owns it.
Blockchain.info can set withdraw fees as they wish, it doesn't matter what the average tx on the blockchain (not.info) is.
Same for locabitcoins which charges a deposit fee!!!!

In the last block, this tx (https://www.blockchain.com/en/btc/tx/a3cd9e44b2c734b3a7c0f89cf81510c4cc3fffbe428ab122838e926ccaaf913f) got confirmed..

Total Input   2 BTC
Total Output   1.999995 BTC
Fees   0.000005 BTC

Is this low enough for you?

I guess people only see what they want to see. And this is yet another example of actually how very few people there are "into Bitcoin" that know how to use Bitcoin at its most basic level. They get a Coinbase wallet or similar, have never interacted directly using their own private keys, and then complain about fees and how vulnerable Bitcoin is to hacks.

5% of transactions is also way ridiculous, I have been paying about 141 satoshis on almost every transaction made in the past 2 months. So even if I sent a dollar I'm barely paying 1% (and I don't send $1 payments).


Title: Re: Bitcoin fees
Post by: stompix on July 13, 2018, 02:43:51 PM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.

Transacting with the use of bitcoin have bigger fees compared to Ethereum but that is if you are sending to an external wallet. To avoid those high fees there is a way of doing that. And that is to use one and the same web-wallet host website. For example like coins.ph if you transfer bitcoins to other users using the same site there are no fees but if you are going to send it to external wallets then that is the time that you will pay the huge transaction fees.
Really didn`t know this.
Is it valid for other websites as well?
Is BTC transaction fee the same for every exchange or it only depends beneficiary`s wallet address location?
Can someone clarify exactly?

What he describes is a user to user transaction between coin.ph wallets.
Is basically what paypal offers for personal accounts.
They don't actually do the tx on the chain, they just change numbers in your account, no coins are actually moving.

Tx fees on the chain don't care about the sender or the receiver, it's all about the tx size in bytes.


Title: Re: Bitcoin fees
Post by: tombola_official on July 13, 2018, 07:40:22 PM
You can compare with these sites.

BTC - https://bitcoinfees.earn.com/

Eth - https://bitinfocharts.com/comparison/ethereum-transactionfees.html
      - https://ethgasstation.info/

The most feature that every coin is developing are about the fee and faster confirmation.
If it's about the fees most will be in favor of ETH.
Thanks for your reply.


Title: Re: Bitcoin fees
Post by: Olga1111 on July 15, 2018, 02:01:52 PM
I prefer in terms of transaction costs between bitcoins and ethereum I also prefer to use ethereum in transactions because ethereum is cheaper to use.


Title: Re: Bitcoin fees
Post by: richpham on July 16, 2018, 09:48:46 AM
There will be upcoming sites that can look at this trend to attract more customers in the near future and that is to use a web hosting web wallet the same.


Title: Re: Bitcoin fees
Post by: Pan Troglodytes on July 16, 2018, 10:34:25 AM
Whatever the ratio is at present it is irrelevant. The one that gets to be dominant in the market will experience same problems: getting stuck waiting for confirmations, incredibly high transaction fees, etc. We have seen it in Bitcoin in December of 2017 and this is current reality for Ethereum too.

It is because of the nature of those blockchains, of how it was ill-conceived, and I am really becoming more and more afraid that the devs cannot propose any cure for it.


Title: Re: Bitcoin fees
Post by: 131tc01n on July 21, 2018, 10:48:21 PM
the larger the bitcoin price the greater the transaction cost, but you can convert it to another doge or coin to make the transaction cost cheaper, I usually use doge or stellar, you can try it that way if the bitcoin transaction cost is too expensive


Title: Re: Bitcoin fees
Post by: Naughty Princess on July 21, 2018, 10:54:45 PM
If you use exchanges, it vary.
Generally bitcoin has higher transactions fee.
If you use wallet, it depends on how much you are willing to pay for the fees to get a higher speed of confirmations. You can pay as low as almost zero fee for both bitcoin and ETH with wallets.
That is also what I observed on different exchanges that requires high transaction fees even the price of bitcoin down but increase more when the bitcoin is getting much expensive which is unfair to those traders and investors. Even higher transaction fee can get fast transaction many are waiting for huge volume yo transfer to use efficiently the fee.


Title: Re: Bitcoin fees
Post by: Bounty_Manager100 on July 23, 2018, 10:14:44 AM
Bitcoin transaction fee is a little bit high now but because it is anonymous and it is safe, this price is ok to me


Title: Re: Bitcoin fees
Post by: gohan21 on July 23, 2018, 10:36:01 AM

As the price rises while the bitcoin price appears to increase, each FEE for transaction will occur in bitcoin okay with other altcoins because the bitcoin was bigger then the fee.


Title: Re: Bitcoin fees
Post by: Roy11 on July 23, 2018, 10:38:45 AM

As the price rises while the bitcoin price appears to increase, each FEE for transaction will occur in bitcoin okay with other altcoins because the bitcoin was bigger then the fee.
it is true, but now the cost of bitcoin FEE can be expensive than ever.


Title: Re: Bitcoin fees
Post by: Kasliono on July 23, 2018, 10:44:38 AM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.
When we are talking about fees, actually it depends on how many transactions which made to the coin (bitcoin or etherium). When people use bitcoin most. It means that the fees will be high, it will be happen the same on eth too


Title: Re: Bitcoin fees
Post by: Pan Troglodytes on July 24, 2018, 11:06:11 AM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.
When we are talking about fees, actually it depends on how many transactions which made to the coin (bitcoin or etherium). When people use bitcoin most. It means that the fees will be high, it will be happen the same on eth too
Totally agree. Moreover, it IS happenning on Ethereum, too, just look at what happened with the congestions caused by the apps (e.g. Crypto Kittie App). The congestion then causes transaction fees to increase to astronomical levels and here we are: bitcoin or ethereum, it doesn't matter.


Title: Re: Bitcoin fees
Post by: Pursuer on July 24, 2018, 11:14:17 AM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.
When we are talking about fees, actually it depends on how many transactions which made to the coin (bitcoin or etherium). When people use bitcoin most. It means that the fees will be high, it will be happen the same on eth too
Totally agree. Moreover, it IS happenning on Ethereum, too, just look at what happened with the congestions caused by the apps (e.g. Crypto Kittie App). The congestion then causes transaction fees to increase to astronomical levels and here we are: bitcoin or ethereum, it doesn't matter.

there is a big difference though!
the backlog in bitcoin was 90% spam attack against the network and most of that attack was from different campaigns wanting to force their scaling solution on bitcoin for their own purpose.
the backlog in ethereum was simply usage of it from ICOs and lots of other pointless transactions that are naturally occurring on it.

the difference is that bitcoin can handle its current adoption needs and handles the users' transactions well. but ETH can not even handle a small surge of transactions.


Title: Re: Bitcoin fees
Post by: Aizhen05 on July 24, 2018, 11:30:34 AM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.
When we are talking about fees, actually it depends on how many transactions which made to the coin (bitcoin or etherium). When people use bitcoin most. It means that the fees will be high, it will be happen the same on eth too
Totally agree. Moreover, it IS happenning on Ethereum, too, just look at what happened with the congestions caused by the apps (e.g. Crypto Kittie App). The congestion then causes transaction fees to increase to astronomical levels and here we are: bitcoin or ethereum, it doesn't matter.

there is a big difference though!
the backlog in bitcoin was 90% spam attack against the network and most of that attack was from different campaigns wanting to force their scaling solution on bitcoin for their own purpose.
the backlog in ethereum was simply usage of it from ICOs and lots of other pointless transactions that are naturally occurring on it.

the difference is that bitcoin can handle its current adoption needs and handles the users' transactions well. but ETH can not even handle a small surge of transactions.
Yes it's totally right there is a big difference and bitcoins transaction fees are not the same in ethereum. Bitcoin fee are more high than ethereum fees.


Title: Re: Bitcoin fees
Post by: Richard Thompsonn on July 24, 2018, 04:31:54 PM
I think that transacting with Bitcoin have bigger fees compared to Ethereum but that is if you are sending to an external wallet. To avoid those high fees there is a way of doing that. And that is to use one and the same web-wallet host website. For example like coins.ph if you transfer bitcoins to other users using the same site there are no fees but if you are going to send it to external wallets then that is the time that you will pay the huge transaction fees. You can compare properly here
BTC - https://bitcoinfees.earn.com/
Eth - https://bitinfocharts.com/comparison/ethereum-transactionfees.html
      - https://ethgasstation.info/


Title: Re: Bitcoin fees
Post by: Robert Brownn on July 24, 2018, 04:32:52 PM
But for transaction and transfer fund all around the world, transfer fee on bitcoin and ethereum is lower than banks fee


Title: Re: Bitcoin fees
Post by: James Smithh on July 24, 2018, 04:33:39 PM
Absolutely, the fees on each network will depend on how many transactions there are on each of them. In early 2018 fees on Bitcoin were up to 20$ at one point ! For the future, it will also depend on the Lightning Network for Bitcoin and maybe projects like Raiden Network for Ethereum, which is basically LN for Eth.


Title: Re: Bitcoin fees
Post by: Charles Avilaa on July 24, 2018, 04:34:27 PM
As far as I know, Bitcoin fees is more expensive as long Bitcoin's price is getting higher but its still far lower than banks fee when Bitcoin's price below $10k. Ethereum is more lower fee than bitcoin because as i know Etehreum's price  is more lower than Bitcoin.


Title: Re: Bitcoin fees
Post by: coinnumber on July 24, 2018, 05:24:40 PM
Bitcoin transaction fee is more expensive or is the highest as far as cryptocurrency is concerned I believe the reason is clear because bitcoin is the leading coin here in the crypto world with higher value more liable so the transaction fees can not be the same as that of other altcoins.


Title: Re: Bitcoin fees
Post by: Goodday on July 25, 2018, 04:07:51 AM
I think like ethereum or bitcoin transaction costs can change dynamically following bitcoin network traffic but the bigger question is how this situation will develop more specifically there is a growing need for faster and cheaper Bitcoin transactions.


Title: Re: Bitcoin fees
Post by: JoshyKulotski on July 25, 2018, 05:01:28 AM
I'm into this topic. So much of exchanger sites and even wallet has that high charges on exchanging and sending BTC. Don't know if they were that kind of abusing people who have BTC or what but isn't that to much? That's why I'm supporting such kind of project that was building exchangers that pays a bit of payments.


Title: Re: Bitcoin fees
Post by: Kusnechik on July 25, 2018, 05:06:42 AM
Perhaps in the future, Bitcoin developers will completely abandon commissions for transactions, but what kind of reward will the miners receive then.


Title: Re: Bitcoin fees
Post by: mmo4me.2016 on July 25, 2018, 05:13:28 AM
Transaction fee depends on the time you want to transactions is confirmed, If you transfer Bitcoin from the exchange, in addition to the fee of the network, you have to look for additional fees of the exchange!


Title: Re: Bitcoin fees
Post by: iotarocket on July 25, 2018, 05:31:47 AM
With the wider implementation of Segwit, I have found the fees to be very reasonable and comparable to Ethereum. By contrast, Ethereum recently had a congestion issue causing delays of several days. Ideally though the fees would be no more than one or two cents to allow for microtransactions. Both projects are working on this goal.


Title: Re: Bitcoin fees
Post by: hahay on July 25, 2018, 05:39:56 AM
Fees, so far I've never questioned fees for crypto transactions, but for the use of an exchange I'm always selective in choosing exchanges that have low or high fees. But overall the sense of fees that I often find is still a fair and normal stage, not an obstacle for me with fees.


Title: Re: Bitcoin fees
Post by: maskeffec on July 25, 2018, 05:50:02 AM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.
Transactions with bitcoin use have greater cost compared to Ethereum, To avoid high cost do not send to external wallet. And that is to use one and the same web-wallet host website. For example like coins.ph if you transfer bitcoin to another user using the same site there is no cost but if you will send it to external wallet then that is when you will pay big transaction fee.


Title: Re: Bitcoin fees
Post by: Patricia Joness on July 29, 2018, 03:55:27 AM
 I can say that there is some project startup that is working to address this. Currently, Bitcoin lightening network allow transaction with moderately small fees. also from experience the transaction fee paid depend on the type of wallet you are using and how fast you want your coin to be delivered. The fee can be reduced but the transaction rate will be slower.


Title: Re: Bitcoin fees
Post by: mkmittalg on July 29, 2018, 04:11:00 AM
There is no fees for BTCitcoin. :)


Title: Re: Bitcoin fees
Post by: bayy43 on July 29, 2018, 06:53:46 AM
 
In my opinion, the payment through ethereum is cheaper than the bank in your city the rate of payment discount is better


Title: Re: Bitcoin fees
Post by: Kokondao on July 29, 2018, 07:36:22 AM
I think the cost between bitcoin and eth is only me, because the transaction cost in the delivery depends on bitcoin price and also eth.


Title: Re: Bitcoin fees
Post by: sulendra12 on July 29, 2018, 07:44:33 AM
There is no fees for BTCitcoin. :)
Bullshit.

In my opinion, the payment through ethereum is cheaper than the bank in your city the rate of payment discount is better
Indeed, Ethereum fee is cheaper than Bitcoin but we couldn't do anything with that as Bitcoin is more well known by the time being.

Perhaps in the future, Bitcoin developers will completely abandon commissions for transactions, but what kind of reward will the miners receive then.
We couldn't get rid that fees.



Title: Re: Bitcoin fees
Post by: maichimoto on July 29, 2018, 07:53:34 AM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.

generally speaking eth is slightly cheaper, but it really depends on how the both networks are congested each day. I'm very confident tx fees will be substantially decreased in time


Title: Re: Bitcoin fees
Post by: Pan Troglodytes on July 30, 2018, 07:31:44 AM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.
When we are talking about fees, actually it depends on how many transactions which made to the coin (bitcoin or etherium). When people use bitcoin most. It means that the fees will be high, it will be happen the same on eth too
Totally agree. Moreover, it IS happenning on Ethereum, too, just look at what happened with the congestions caused by the apps (e.g. Crypto Kittie App). The congestion then causes transaction fees to increase to astronomical levels and here we are: bitcoin or ethereum, it doesn't matter.

there is a big difference though!
the backlog in bitcoin was 90% spam attack against the network and most of that attack was from different campaigns wanting to force their scaling solution on bitcoin for their own purpose.
the backlog in ethereum was simply usage of it from ICOs and lots of other pointless transactions that are naturally occurring on it.

the difference is that bitcoin can handle its current adoption needs and handles the users' transactions well. but ETH can not even handle a small surge of transactions.

How can you tell the 90% were spam? Maybe some of them were spam, but majority, 99% of them, were people trying desperately to move their bitcoin into or out of the exchange in time of price surge to 20k. And they were unable to do so! So I can see no difference, really.

And you will know I am right the next time the high price increase hits bitcoin network again and it gets congested for another month.


Title: Re: Bitcoin fees
Post by: Ava Duvall on July 30, 2018, 08:01:25 AM
If you use exchanges, it vary.
Generally bitcoin has higher transactions fee.
If you use wallet, it depends on how much you are willing to pay for the fees to get a higher speed of confirmations. You can pay as low as almost zero fee for both bitcoin and ETH with wallets.
I have also encountered this. fees vary and change.  i think everyone would appreciate no fees at all.


Title: Re: Bitcoin fees
Post by: topkhai on July 30, 2018, 08:16:53 AM
The transaction fee you make for all your activities is determined by the number of your transactions, not only in bitcoin or ethereum, all coins have fees. They have determined the amount. But I think there are still many shortcomings that we need to fix the problem of transaction fees in the future


Title: Re: Bitcoin fees
Post by: spadaccino on July 30, 2018, 08:23:12 AM
It's a game theory indeed - they need to be there even if its price skyrocked since beginning. With Lighting Network you can transate your coin if they are not too much and make sure you don't pay too much fees, only when you want to transfer them in your wallet on the public chain you pay the fees.

So they are mandatory and without them there will not be the miners.


Title: Re: Bitcoin fees
Post by: DoublerHunter on July 30, 2018, 09:16:15 AM
I don't have any problem with bitcoin fees because i know that it is just normal to see an increase on the rate of the fees for bitcoin because without the fees in bitcoin then the miners will not earn enough money for them to sustain their business and we all know that bitcoin will not work anymore without miners, so we just need to be fair and don't complain about the bitcoin fees.


Title: Re: Bitcoin fees
Post by: Niggasdonttalktome on July 30, 2018, 09:22:58 AM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.
Which is the big problem of bitcoin and proof the prices of btc is going down because of one of these reasons?


Title: Re: Bitcoin fees
Post by: gpamfmcq on July 30, 2018, 09:23:54 AM
At this stage, transaction costs really restrict the development of these two projects. With the rise of bitcoin prices, transaction costs will further improve, and bitcoin is no longer suitable for small transactions.


Title: Re: Bitcoin fees
Post by: iv4n on July 30, 2018, 09:35:13 AM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.
Which is the big problem of bitcoin and proof the prices of btc is going down because of one of these reasons?

Looks like you are very informed, you found a reason why price is dropping! It's sarcasm, one more troll on bitcoin talk forum.
Fees are the problem, we felt that last year when price started to grow and when fees raised so high that some people needed to pay over 50 dollars for transaction, big or small. Couple mBTC-s for a whale isn't much, but in dollars its a lot, it's crazy for us who wish to send couple hundred dollars and for that we need to pay a lot.
Now everything is stable again, that is a good thing, but big question is will we have similar situation in the future. Clearly network was overwhelmed with transactions, miners use that situation to charge extra dollars for transactions and who pays more have priority, I think we will see that again in the future, at least when ever network can't handle all transactions, miners will charge more and we can't so much about it, just turn to some coin that have cheaper transactions and when situation stabilize turn back to bitcoin again.


Title: Re: Bitcoin fees
Post by: qqwx on July 30, 2018, 09:43:06 AM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.

Bitcoin transactions fees not same all wallet. Its various kinds of different wallet and different exchange site. Maximum exchange site take fees 0.001 btc every transactions.


Title: Re: Bitcoin fees
Post by: TanteStefana on July 30, 2018, 11:40:01 AM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.
As far as I know that Ethereum prices of transaction fee is always different and big demand on the system blockchain will be increasing that fees to not affordable price. As for bitcoin probably those fees are remaining still.


Title: Re: Bitcoin fees
Post by: jaaeeeyyyy on July 31, 2018, 02:26:48 PM
The transaction fee you make for all your activities is determined by the number of your transactions, not only in bitcoin or ethereum, all coins have fees. They have determined the amount. But I think there are still many shortcomings that we need to fix the problem of transaction fees in the future
Popular things are more expensive than other who do not have threat great value. It only proves that bitcoin ia the number one in all aspects, and with this we should focus investing in bitcoin because more potentials are in it. We need to choose wisely in able for us not to loose. We should think carefully. But all in all, the fee is a form in where wallets can get there percentage, so no worries for that, it is like paying the service that offer.


Title: Re: Bitcoin fees
Post by: syarifudin on July 31, 2018, 02:31:01 PM
Bitcoin withdrawal costs and all digital assets as a transfer fee to the miner on each asset.Costs differ on each digital asset, please refer to the withdrawal page of each asset to find the withdraw fee


Title: Re: Bitcoin fees
Post by: peter1 on July 31, 2018, 02:46:29 PM
Why do you think the transfer fee of BTC is very high? In fact, it is largely because the price of BTC has increased by many times. If you look at the price of a few years ago, do you think the transfer fee is still high?


Title: Re: Bitcoin fees
Post by: bright4mech on July 31, 2018, 02:50:28 PM
Bitcoin transaction charges fees it depends the quantity of the coin sending out, to another wallet, which does not have a specific fixed amount charged, the same with Ethereum, therefore all transactions fee is simply know as gas.


Title: Re: Bitcoin fees
Post by: daoquanghuan on July 31, 2018, 02:52:04 PM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.

Currently, bitcoin's transaction fees are more expensive than ethereum's transaction fees. However, both updates are underway. For bitcoin Segwit and Lining network will make the bitcoin network faster and the transaction cost is much cheaper nowadays. I still believe that in the future bitcoin will be a popular means of payment.


Title: Re: Bitcoin fees
Post by: Getcoinsite on July 31, 2018, 03:02:15 PM
You can compare with these sites.

BTC - https://bitcoinfees.earn.com/

Eth - https://bitinfocharts.com/comparison/ethereum-transactionfees.html
      - https://ethgasstation.info/

The most feature that every coin is developing are about the fee and faster confirmation.
If it's about the fees most will be in favor of ETH.

Well this might be the win for ethereum,but i dont believe that bitcoin will be in opposite side because blockchain is the main platform to be used for cryptocurrency conversion to fiats.

Bitcoin transaction charges fees it depends the quantity of the coin sending out, to another wallet, which does not have a specific fixed amount charged, the same with Ethereum, therefore all transactions fee is simply know as gas.
Youve got it right on this one mate,i guess this is enough for the OPs question to be answered


Title: Re: Bitcoin fees
Post by: salalaman on July 31, 2018, 03:12:31 PM
Bitcoin transactions fee is quite higher and expensive more than the ethereum transactions fee. This fees is also dependent on the site you are doing the transactions on and the quantity of bitcoin you are transacting.


Title: Re: Bitcoin fees
Post by: Luke101 on July 31, 2018, 03:16:57 PM
The calculation fee is already program on the wallet program so no one know outside the development his does they do the calculating all we know is that how much we need to pay for them when you make transfer.


Title: Re: Bitcoin fees
Post by: kwusu on July 31, 2018, 03:17:11 PM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.

Transacting with the use of bitcoin have bigger fees compared to Ethereum but that is if you are sending to an external wallet. To avoid those high fees there is a way of doing that. And that is to use one and the same web-wallet host website. For example like coins.ph if you transfer bitcoins to other users using the same site there are no fees but if you are going to send it to external wallets then that is the time that you will pay the huge transaction fees.

Yea bitcoin transaction fee is higher as compared to the transaction fee for ethereum. I think the transaction fees is a fixed something that they have programmed the sites depending on the amount you are transacting. I will try your approach and see if it will work our for me.


Title: Re: Bitcoin fees
Post by: aladlanie04 on July 31, 2018, 03:18:29 PM
bitcoin fee little bit vary in blockchain wallet  than exchange wallet  if we  sending bitcoin to any other wallet  it may deduct some fee's in our wallet , but blockchain wallet is less compared than exchange wallet  . all exchange wallet is same price for deduct to pay the fees for miners same like eth to pay gas fee  for the miners .  


Title: Re: Bitcoin fees
Post by: minime0105 on July 31, 2018, 03:21:17 PM
At this stage, transaction costs really restrict the development of these two projects. With the rise of bitcoin prices, transaction costs will further improve, and bitcoin is no longer suitable for small transactions.

I agree with you in that small Bitcoin transactions are not longer worth paying the fee price. Which I suppose is fair enough we want the prices to be lower but this won't work until there are enough dynamic people trading and exchanging to make up for the lower fee.


Title: Re: Bitcoin fees
Post by: fianaindriati on July 31, 2018, 03:35:54 PM
Bitcoin transactions fee is quite higher and expensive more than the ethereum transactions fee. This fees is also dependent on the site you are doing the transactions on and the quantity of bitcoin you are transacting.

of course, the cost of bitcoin transactions is higher than eth, with so many of our friends who are less able to buy bitcoin, because their capital is only a little, so capital for bitcoin is pretty high and we also need a personal fee to buy bitcoin.


Title: Re: Bitcoin fees
Post by: Abolaji11 on July 31, 2018, 05:29:36 PM
There is no doubt bitcoin fee is higher when compare to ethereum fee during transaction. However, one need to understand that the type of wallet and where you are sending it to(either internal or external transfer) , and how fast you want the transaction to be completed determine  the charges you are to pay. Internal  transfer is usually free but external transfer require charges.


Title: Re: Bitcoin fees
Post by: Siren on August 01, 2018, 07:29:11 AM
Bitcoin transactions fee is quite higher and expensive more than the ethereum transactions fee. This fees is also dependent on the site you are doing the transactions on and the quantity of bitcoin you are transacting.

of course, the cost of bitcoin transactions is higher than eth, with so many of our friends who are less able to buy bitcoin, because their capital is only a little, so capital for bitcoin is pretty high and we also need a personal fee to buy bitcoin.

But look how dependent ethereim to bitcoin?do you think you can profit better in ethereum compared to what you can have in bitcoin?think twice mate because ethereum is not worth investing for long term since those only scammer projects are using its platform


Title: Re: Bitcoin fees
Post by: Bugsbey on August 01, 2018, 07:32:25 AM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.
I will still go for bitcoin eventhough it has a higher transaction fees as compared to etherium. I can get more profit in investing bitcoin than in etherium. And much more than that I can rely more on bitcoin for longer term investment.


Title: Re: Bitcoin fees
Post by: inspirone1 on August 03, 2018, 12:06:11 PM
But for transaction and transfer fund all around the world, transfer fee on bitcoin and ethereum is lower than banks fee

It is one of the first good things about using digital currency. If you are doing some transaction you can last less money than in real life. If you really believe bank system you need to go out from crypto.


Title: Re: Bitcoin fees
Post by: hinpoc.hin on August 03, 2018, 06:15:07 PM
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.

that's a interisting things. but in my opinion i am never tried or use a web coin


Title: Re: Bitcoin fees
Post by: Jennifer Daviess on August 04, 2018, 03:13:48 PM
Bitcoin and Ethereum fees now is good or very low compared to the last year december 2017 when bitcoin reached 20k dollars, the transaction fee increased too. But because Bitcoin price decreased the fee also decreased .