Bitcoin Forum

Lower fees, transactions are approved within minutes or hours and not within DAYS!

Can this please keep itself like this permanently?

Normal is not always nice this confirms worst fears that people are staying away from bitcoins and that is very bad for people who're dealing in it. It means that transactions are not happening, and this could spell doom for bitcoins, I'm happy with high transaction time till more people are actively involved in it. This keeps the momentum going up.

Totally the opposite here, we want fast transactions & lower fees.

Truth is Bitcoin can't sustain that when there is a peak usage of Bitcoin. We know Bitcoin has done many network congestion, and I believe it will keep going like that, until everybody using the segwit wallet or wait for the lightning network to be implemented to the Bitcoin network.

nothing about current bitcoin state regarding fees is normal, it is as abnormal as before.
we have 82000+ unconfirmed transactions which is nearly 220 MB in size and low fee transactions are being confirmed fast and fee has gone down drastically!

this is NOT normal. it only proves that someone has been spamming the mempool with high fee transactions to keep the fees up and now it has stopped! normal users are paying lower logical fees that they are willing to pay and also since the spam has stopped the number of unconfirmed transactions are coming down from nearly 200k to 82k and dropping more.

Yeah like many have stated before all those unconfirmed transactions were done by big block supporters to spread fud about Bitcoin and 1mb blocks. Now they have stopped spamming so even tx with 80sat/byte fee is being confirmed in next block. However those spam attacks on Bitcoin network might return when Bitcoin price will start to pump again.

This is the beginning of being normal I would like to believe because if normal is 200k+ transactions unconfirmed and above $20 to send bitcoins then that won't work moving forward. LN can potentially alleviate some of the issues we are having but there needs to be confidence going into LN not loss of confidence!

currently bitcoin price ia going down on and I think only few people are sending bitcoin which resulted in every transaction having low cost and quickly confirmed, but if bitcoin price goes up and many people sending bitcoin, transaction fee will go up and get confirmation have to wait longer

Agree with this,bitcoin can't hold on when everyone using it.Now people are moving away from bitcoin due to worst transaction experience so the blockchain is getting clearer but not due to faster transaction this is happening due to out of customers.And still some wallets has high fees which is around 0.0006BTC maybe it is low fee in terms of USD.Use of segwit will make the transactions more faster than legacy address then it will make the memepool much clearer.So all wallet providers need to upgrade to the segwit address or more people will move away from bitcoins.
Implementation of lightning network will be the ultimate solution for the transaction issues then transactions will be confirmed in seconds.I hope it will be implemented by the end of 2018.

Correct. This is the time to buy and not to sell since bitcoin price is very low compared to last month, due to this few people sell bitcoin and that may be due to some emergency or they fear bitcoin may go down further which resulted in transactions cleared within hours. There is nothing to worry about this low time or high time of transaction.

Yeah, I'm glad things have been settling down, and I only wish it were simple to keep things this way.

As someone has said, the sharp drop in transaction volume kind of implies that there are parties which were spamming the network with high fee transactions. This costs money, so we can only assume that they have something to gain by doing this, and I can only think of a few parties that will benefit from Bitcoin's demise. Assuming that were true, the problem is they could do the same thing again, considering the fact that this has already happened twice (Segwit2x original cancellation being the first time).

The only way to truly keep this from happening is by implementing scalability solutions, which these malicious actors are exploiting. We could do our part by adopting Segwit and by urging our exchanges to do the same, but that would only make it harder, not impossible, to spam the network.

No hung up transactions here.   I had one that was stuck for 3 weeks but has cleared now.   All good baby.

It’s pretty normal to have delays and higher transaction fees for many months before this dip happen.. I’m good with it in some point and annoyed sometimes but this silence makes my ear shaking as it might not be a good sign or maybe segwit wallets has a good effect to the numbers of competition.. The price is low and I hope the fee won’t change after a bullish increase..

Indeed, transactions fees are becoming cheaper again  :) I always check this website to see the network saturation : https://bitcoinfees.earn.com/

That's fine for people who failed and sent a transaction with low fees some days/weeks ago. That might mean the market will begin to stabilze too, as panic seller already sold and the hype is starting to calm.

yes i am very happy for this. Last time I was very upset about the transaction very slowly. Even the transaction fee is quite high and I feel that it will make the bitcoin become discredited.
At present, it has been upgraded and back to its original state.
I think this will not be maintained forever, everything in the electronics market is hard to guess. This is a very interesting and wonderful market.

Yes it is very nice especially if you want to fund your trading account. But if you want to withdraw from your trading platform, this is not good because many platforms have fix withdrawal fees. So it is like being hold. I hope these platforms update their fees as soon as possible.

Nothing is permanent in this world, if many people again involve in bitcoin and the demand will increase, for sure transaction fee will increase again. Good thing to know that transaction fee and confirmation are going back to normal now despite of the recent bitcoin value dump.

It feels like the bitcoin became balanced for now. Transactions became faster and cheap but we will never know if this will stay long because bitcoin is unpredictable. For the mean time buy more bitcoins while the transactions are easy and the price is low.

We have people on the one side saying this is because the price has gone down and less people are using Bitcoin at the moment and on the other side we have people saying that SegWit adoption has increased and it is showing a reduction in transactions because of that.

There are even some people using the Lightning Network, but that impact should have no impact now, because it is still negligible. ^hmmmmm^

No matter what the reason is, we are seeing 2MB Blocks and a reduction in the MemPool, which is good. ^smile^

Price of bitcoin will never be stable, this is why everyone calls risk when someone put money on bitcoin. Accept the reality and go with flow.

when price is dropping it means people are selling their coins, then the panic beings and more people sell their coins. a large part of these sellers will be making transactions to move their coins to exchanges to sell. there are also a larger number of people buying because it is a dip and a considerable number of them withdraw => more and more transactions on chain.
in other words people who are saying less usage because price dropped are either misinformed or are spreading FUD.

regarding LN, the impact is not negligible, it is non-existent because there are practically no place that is accepting bitcoin through LN. any place major with any significant effect... it is more like a testing phase.
there are currently 134 LN nodes though and the network has been growing with a very nice speed.

regarding blocks, we have had 20 blocks bigger than 1.5 MB, 5 of which have been >=2

it is funny i made this Milestone topic 2 days ago and nobody was interested in it :P
https://bitcointalk.org/index.php?topic=2796578.0

the price given has become a rule exchanger, then the length of time the transaction due to queue, so please be patient if you do transactions in bitcoin

Wow, this comment makes now sense. How do you expect to "keep the momentum going up" when Bitcoin isn't able to compete with the competition when it comes to fees and transaction speed?


If the price is going down it means a lot of people are transacting bitcoin, they're selling bitcoin!

This is good to hear, it makes people become interested again with Bitcoins. On the other hand, Bitcoin will benefit also for they will patronize again by many people.
I am not so sure if this will be permanent but hopefully it will. Many transactions are taking place so we cannot blame them but it was their responsibility

Well the transaction fees are lower than it was before because of reduced volume of unconfirmed transactions (currently 101792) but this is still not normal to pay $10-15 for one transaction. And even Bitcoin transaction fees reduced a lot this past days, it cannot permanently be like this because if another massive buy happened again or if there is someone starts to spam transactions in Bitcoin network, the mempool will be clogged/congested again and fees will increase significantly. People and Bitcoin services should support segwit while waiting for LN.

it's not a finish. Volatility will always be, bitcoin is impossible to regulate

I agree with you, because I see a lot of people who complain about fees and also the duration of the long time  transaction, or at least not a cost expensive fees, but the transaction time must be faster.
I think this can be done, maybe we should wait for the bitcoin back stable.

OP there's always an answer in many problems here in crypto like if the fee is high like don't make any transaction then wait until it go low,you can easily leave here if your problem is really big because if you have reason like problem that's not good for you another thing your post is not constructive and it's more on negative thinking so always think positive.

I think this would only get to be the normal process permanently if and only if countries and governments finally accept bitcoin and cruptocurrencies and accept these and draft a regulation or a global process for this to be practiced worldwide to cut off expensive transactions and keep the flow of becoming a digital process be made true and be faster as a whole

We can't deny that if Bitcoin keeps going like this without foreseeable significant improvement, there is a chance 'uneducated' people will choose "BTrash" as the real Bitcoin. I can see nowadays a plan to migrate to the Segwil wallet is increasing, from the signature campaign manager considering to use the Segwit Wallet for their participant, and many websites have a plan to offer the Segwit wallet.

All of this depends on the mempool and thus the density of sending people to currencies, the more transfers that are considered spam, the more they contribute to the increase in fees.

yesterday i send about 200$ using 4$ fee only. but generally fee is so high. in the past 100 fee was very large amount of fee.
hope next days miners reduce confirmed price this will really support bitcoin price.
when number of unconfirmed transaction rise again fee will also rise.  


In the future, we may notice solutions that make daily conversions less expensive and thus better for everyone.

That's why the slowdown of demand for bitcoins. But when it's growing and rising, the price of bitcoins is definitely going to be the blockchain's traffic and it will take days for transactions, Hopefully there will be a solution to this as soon as we get the bitcoins from our people.

Its an opportunity for us then, when others are fearful and the coins become cheap then we should start stocking it up. High transaction time and fees spell doom for us, eventhough bitcoin price was decreasing, but if you look at the same time last year when bitcoin worthed around $2000-3000, it means now bitcoins already reached 5x times increased, not to mention it only comes within a few months of momentum, so yeah its perfectly normal to me.

I've also noticed a sharp decline in fees and the number of unconfirmed transactions, but it may be not 'normal'. The insane fees in December may be artificial, caused by spamming or other manipulation.

Hi,

It is hard to say, because it is a technical matter.

I guess that most people are looking for low fees and fast transactions... but this can only be granted for a limited number of people. So the system is quite tricky because more users means a better community but worse services...

Technical tools must be improved. But to be honest, I don't know how. And I guess that if nothing has been made, it is because it is harder to we think!

Most probably a reduction in traffic rate of exchange caused this to happen. Fees will be more or less the same but transaction confirmation speeds will definitely improve over the coming years. Also, the fees is more nominal in larger amounts compared to a minimal amount of dollars.

    Finally Bitcoin is becoming normal I don't agree to this idea because now a days some countries are trying to centralize Bitcoin even though it can't happen .People fear by hearing all the news that government are trying to ban bitcoin so  people are pulling backward from Bitcoin they think there is no option with Bitcoin so they may withdraw from investing in Bitcoin,this is a myth saying that bitcoin will be banned.

Lightening network would change bitcoin forever. a new beginning.

Talking about bitcoin getting into normal business, i wanted it to last a bit longer for now after the correction but that doesn't last longer for even a couple of days when the market is getting bloody again. This month is really tough for bitcoin and other cryptocurrencies and i am just hoping that everything will be back in normal literally very soon.

I think this is really good development, will encourage people to invest more.

Maybe your thread was too technical for others to spam with.  ;D Anyway, the LN has a promise to make transactions way more faster and at a lower cost. I wonder how the miners and mining pools would react to this?

Fees became cheaper lately and transactions get confirmed in minutes, that can be explained by the reduce of transactions number which is not a good sign, a small transactions number means people are not using Bitcoin massively as they used to do.
When Bitcoin is not widely used it will have no value, and when it is more used fees will increase again!!

You have said right. Bitcoin transaction takes now less time and fees compared to past few months. This is good for transaction of bitcoin in few minutes.

Let's hope it stays this way for a while, at least it's a good thing that Coinbase has finally implemented batch transactions, that should help a little bit.
I would also suggest to anyone who can to use Segwit addresses and I hope all wallets will finally support it by default.

Also, don't just trust the fees your wallet adds to the transaction, it might be cheaper to check it manually.

The cryptocurrency market is said to become stable by the end of February, the prices have started to become normal
Experts say that the bitcoin prices will soon rise and will be greater than what they were before and might break the records
Also bitcoin transaction take much less time and lesser transaction fees than it would take a few months back which was a major
drawback of bitcoin

I am still worried about this situation because whats getting confirmed is the old transaction and broadcasts that were sent earlier in time. Ah! I can't find it very normal situation and still struggling in many wallets with higher fees. I think the real thing would be when we have lower fees yet high speeds of transaction in terms of confirmation. The same thing as everyone here is wishing to happen, nothing new really.

Yes, you are very right. Once lighting network is launched, we can see faster than normal speed and cheaper than normal fees. I can’t wait for the network to be live.

Who knows, what we do now enjoy like playing rolling coaster when ride we will cheer when down we will be silent that is what we feel in crypto world. the fee will increase as the bitcoin price moves. I think the fee does not matter as long as the market exchange that we use is safe and has the potential of a good price to get a high price and it's worth it

Well it may have been because of lightning network or the value of btc dumping. Btc may not have been ready for the 20k rise last year at that pace, so transaction time and fees became out of control. It may not have been like that if it was a slow gradual rise over a period of a couple of months.

Well that's a good news bitcoin is recovering. Reduce transaction costs and faster transaction speeds. I think you can now buy Bitcoin safely. Now its price is low, you buy it now is reasonable

I think you should not be too glad or expect a lot from this happening since it really happens at times but in bitcoin nothing seems to be permanent and change is always at its side. Maybe this changes will be the pump the value of bitcoin and become steady.

I do not think it will be maintained permanently, since the influx always increases and decreases according to the days, but as long as it remains that way, it is time for investors to take advantage of it.

Finally bitcoin becoming normal  but the rate of the raising value of bitcoin in the market is slow as compare before December it was. Although In the start of the 2018 bitcoin value show very unexpected value but it is good that it recover from the low point and now the value of the bitcoin is raising. The rate of the raising up is also slow but it will be recover and will be like before in a very short time.

I also have been shipping at low cost and have confirmed a matter of minutes, this truth is real all transactions in general and this is bitcoin that is freed to conduct transactions. This normal condition can be interested in the community again so there will be a lot of enthusiasts and requests in all exchange, this should be good news for who knows what is bitcoin.

There is always a crossover point in monetary systems, the difference between the tradition financial institutions and us (Bitcoinists) is that we can and do react quickly, we are no so stuck in our wants and adaptable in thought processes and technical burdens and walls. This time of the Bitcoin and Altcoin crossover is now. HOLD some more and acquire whilst you can, we are the future, not the banks!

Yes it is nowadays more stable and transactions with low fees , since Bitcoin price is dropping down in the few last weeks. So everything turns into normal statut and the blockchain traffic is not as saturated as before when the price was around $20k.

Unconfirmed transactions is down to 72K as of the moment, so its a significant drop from 200K-300K that's why bitcoin is fast. I guess it we could maintain it below 100K, we can say that transactions is somewhat normal. Maybe those who are spammers the network suddenly stop or there are less transactions as compare to previous months. But we can still improved it with LN + SW. Tested myself a few transactions with SW and it really very cheap.  ;D


Yes. We are all waiting for Lightning Network to be launched. Probably some finishing touches before they are going to roll it out. I read that its on the Alpha phase now. I speculate that in the next couple of months it will be ready for release.

I understand you when you speak about normalization of Bitcoin transactions. However, I suppose that soon many things here will be changes, and the hype can happen — they say January, 25 is the date of new BTC fork called Bitcoin atom.

the price given has become a rule exchanger, then the length of time the transaction due to queue, so please be patient if you do transactions in bitcoin

I think they are in testnet they are trying to send transaction as fast as it can. If lightning network really implemented then i think miners will have a problem. because transactions varies from miners and if LN release then transaction may get faster and fee gets lower.

It is definitely becoming more 'mainstream' and garnering a lot more attention from the media. Certainly a good thing for people who are holding bitcoin.

The waves are receding, we just wait for the time when the wave back. Price movements that only move in the range of $11k and $ 12k make the demand and supply is always balanced. This is still the impact of a very significant rise at the end of 2017. A $1k up and down movement may still be stable for bitcoin and I think we'll see a return at the end of this month.

which holds bitcoin is actually uncomfortable with this normal state, usually the chance of weakening the bitcoin is getting bigger.

I think the transaction fee is now only low because of the dropped transaction activities in BTC. However, an increase in the activity will make the fees go up again. Also I think the high fees in BTC makes it what it is today. There is also highest profit in BTC

That fact is that bitcoin is becoming stronger and stronger from time to time and the reason is that more people are become interested in bitcoin. Although still majority of people do not have any idea about bitcoin but now through social median and through other important sources bitcoin is now become more popular and that is way bitcoin is also become more stronger and reliable from time to time.

I agree, now everything is in anticipation of the growth of bitcoin and has not yet taken any action. Yes, and on the Exchange volumes of trading fell, the load on the network too.

It could be temporary, we need to wait a little more, as the BTC price has dropped recently. When it reaches higher prices as in 2017 the behaviour of high fess and slow transactions may return.

In my opinion, transactions are getting to normal due to less users transacting nowadays. Many might have left bitcoin and uses other cryptocurrency. Also as you can see, bitcoin price is getting a bit lower from before, it only proves that many are selling and less transactions hapenning. Maybe the problem might hit again once the bitcoin price rise very high again, although i hope it will not.

Don't really know what's normal here!
But I do know that prices are erratic when it comes to bitcoin.

I think in near future,  bitcoin will high value and it became stable. 

Bitcoin is like a weather every second change the price and value, bitcoin he cannot be stable her price always. If bitcoin make it steady that's the time you feel happy and glad.

It is not very exciting a scenario where Bitcoin starts to work as it should only when people are getting depressed for its falling price so that they stop to use it. :)

yes that's what I hope hopefully the forum will be normal until tomorrow, bitcoin forums help people who have not worked, I like bitcoin forums.

Once LN is fully implemented and if it proves to lower fees and transaction time then you will see BitCoin really take off.  The only thing that will hinder its growth will be the constant FUD from possible bans by governments and regulators.  2018 looks like a good year for BTC. 

Yeah its good to hear that the bitcoin is going back again for now. And not only that. The price are stafting to rising up again and again. Not only the bitcoin but also the other coins in the top list i think will back on their feet.i really really happy becausr now there are many new investors now and about the transacting. Its awesome !

Bitcoin really makes the price really just not normal. sometimes because it rises and sometimes drops and I know nothing about that bitcoin. Bitcoin’s latest price drop comes after a recent boost due to the launch of bitcoin futures on two exchanges, giving investors exposure to the bitcoin market. US cryptocurrency trading platform Coinbase announced on Tuesday evening that it would start to allow users to buy and sell bitcoin cash.

i think lower fees and faster transaction caused by the there are just a little transaction so the transacation will be fast. if the bitcoin price high again the transaction and the fees will be slow again and expensive again.

Every year is a good year for btc because it keeps increasing, yes constant fud affects the price of btc but it's only temporary and btc price will continue to rise. Now it's getting more stable. I am expecting that btc price in continue to rise after february. I hope whales will gonna pump again the btc.

Hopefully, there will be normal last week Bitcoin was too low. All crypto has been affected for this down.

Anything involving bitcoin at the moment - be it lower fees or faster transactions, is happening as a result of the current state of the market, which is been affected by certain factors resulting to it. I would like to say that the above mentioned, should not be used to judge the normalcy of the currency at the moment.

Yeah. I am very happy with the normal return of bitcoin. And the price has also started to rise again even bit by bit. But it does not matter, most probably all bitcoin users are starting to rediscover their trust in bitcoin.
I don't know if this will continue to survive or not, surely we all know that although there is a decrease there must be an increase. And hopefully all hope users of crypto can be realized in the next few years.

Yes this is a good news for the bitcoiner, I think this is the end of the slump and this can be seen from all the coins are back to normal and stable.
Previously it has been much discussed if fluctuations are normal and often happens and this is proven by now the price of all the coins has begun to stabilize and I am sure for the next few months the price of coins will continue to rise to the highest point, because each of this happens there will be surprises that make we are all amazed.

I hope so, i had been waiting this time that bitcoin transaction and the transaction fees to go back to normal. Recently i sent a small transaction with only 8k sats fee and i was surprise that its being confirmed within less than 2hrs. For sure that will bring positive image again to bitcoin.

I am also happy because of this. Lately the higher transaction fees have become a huge pain for users and I am glad that it is being solved.

Not all of us experiencing the transactions approved within minutes, still most of us can still experience delay with their transactions and maybe it is also depend on our transaction and what btc wallet we are using. Make sure you are using is legit and not fake, there are a lot of btc wallet all around. Go to the wallet that is trusted and tested.

It's not the end at all. If the market gets boiled up again due to a bull run, the number of transactions will increase again, and if a spam attack follows to add fuel to the fire, we're back at 0.001/0.002BTC fees. It's just a temporary occurrence due to how calm the market is. People who have been around for a while have seen the fees drop significantly, to then increase significantly again - it's basically a wave pattern that keeps repeating itself over a very long period of time. In other words, calm market translates into less transactions, and a strongly active market translates into more transactions. If you have to move transactions with plenty of outputs, then this is the right time to do it.

Bitcoin is not normal for me because its price is falling down and i am not used to that because i am used in the market of bitcoin that is going up and that is the normal thing for me and i believed that bitcoin is on an unhealthy stage from now and i am really hoping that bitcoin will recover as fast as possible.

Bitcoin will only get better.

Wait until the lightning network takes full affect confirmation time will decrease and speed will increase.

Hodl all the way bros because Bitcoin was the first and will be the last one standing amongst all the shitcoins that are out there

I agree to you bitcoin have a great potential no one can surpass the king this upgrade happen to bitcoin network was a good news to all of us the transaction are now back to normal so start today we can assure that bitcoin will rise up again hoping this situation is not temporary to attract more investor and also to increase the market demand.

Yes become normal...before so many people judging that bicoin is scam and i had receive creticsm from my other friend and saying i am out of my mind. but i still contnued dispites of negative comment and keep silent and doing without changing mind and trusting and patiently. and now ther people saying that bitcoin is not scam and ebidence of that bill gate invest 100 million on bitcoin. so if this is scam why bill gate invest to bitcoin and spend money without assurance...bill gate is business man and when it comes to somputer or program matter he know a lot and know waht happen in the world. now is normal.

For me the problem is not time of transaction the problem is the price of fee of transaction in coinbase the fee of transaction is too high and the price of fee is not stable

Bitcoin normality will always back. I believe bitcoin good service will always back in normal if bitcoin services fluctuate to unexpected it will go back to where it is developed. Transactions is not always in stagnant stage. Sometimes it will shaken that affect major of btc users.

It really means that functionality of bitcoin is limited and need to at least improved. Bitcoin can only hold a certain number of transactions and it is because of the difference of people who wants to daily trade bitcoin and wants to mine it gets really high, and now since the gap is decreasing, we can see the effect and efficiency of it.

Its a long way to go for bitcoin and I think that lightning network can really improved the current situation but this is not so easy to implement. We must be ready for whatever outcomes may occur in the long run but yeah bitcoin are starting now to pump and I hope for a better performance in the future.

It is not becoming normal.After few weeks bitcoins value will start decreasing.I think so.

We know Bitcoin as a bullish player of the wild cryptocurrency market and it might be surprising for most of the people to view that Bitcoin is actually stable for some period. However, I don't think that it will remain like this more than a couple of months from now and I am expecting a sustainable growth after the first quarter and I believe that this time, there will be a new all time high price.

Please tell me you're sarcastic.  ::) These are things I hate about bitcoins: its long transactions and its outrageously expensive transactiona fees. Bitcoins badly need an upgrade specially in this department. I have been a fan of bitcoins for months now and these problems are really breaking the bank.

Although it is nice to see Bitcoins transaction fee now with a much lesser value, the “normal” price you are referring to kind of scares me. I’d prefer Bitcoin fluctuating its price and see it as normal rather than its price going steady, it makes me feel like it is either going way down further more to like $5k or it might increase its price a bit but not reach $20k for sure.

Hope that this will going to be the route for btc, more than 15$/fee transaction its crasy! like last weeks..

I love the relatively faster transaction and lower fees, but i dont like that it's an indication that the network traffic slowed down. During the $20,000 dollar peek, the fees were unreal, but BTC was almost double the price today. How congested the network is, can be an indication of potential volatility. As long as the prices are rising, i have no problem with how fast the transaction speed is ;). But i do hope they solve the scalability issue, either through the lightning network or something else.  

The Bitcoin BUUM its relaxin now, its time to calm :)

Yeah we all want that. The bitcoin fees hope stay in the low price.
But i think if the transaction fee is low, is that mean there are less transactions than before ?
If that is the case, then bitcoin is left by bitcoin user. And we don't want that happening in the future.

It will not be a secret for anyone to learn that the bitcoin market is an asian market that is trying to come back to normal after regulatory shocks.
While everyone was screaming that "it is growing" and the Bitcoin course was really growing, despite the fact that there was no regulation at all.

I hope so! I think it will make a huge impact in the bitcoin industry if this keeps on forever. Fast transactions and lower transaction fees, sooner or later, we will be seeing bitcoins used on the streets using terminals and cards. It all starts with the lightning network being incorporated.

Whenever a huge congestion in blockchain it automatically charge huge fee and when congestion over fee automatically dropped to normal.

This is good news. But unfortunately it can't last forever, when bitcoin's price rise up again inveterate traders will trade huge amounts so that paying 15$ for transactions will be affordable, while regular people would have to overpay for transferring average amounts, or just wait for confirmations of transactions for weeks.

What evidence can we look at to support the idea that there are bad actors deliberately attacking Bitcoin to drive up the transaction fees?

Does any other cryptocurrency have this same kind of problem?

If Bitcoin flops then will the bad actors switch their attention to the next top currency?

It'll be good if it stays like this, because before it's kinda chaos, lots of people panic, saying bitcoin bubble and such, even telling bitcoin is going to end soon.
But i think a condition like this may happen more in the future, moreover if there's a significant change like the system or about the coins, or maybe some regulations and media attack that may affect bitcoin and make it become unstable again.
But i'm pretty sure it's gonna stay and still being here although there are many things that gonna happen.

It's good that the transactions lately are getting smoother than the previous months. Possibly, this is related to the lower price of BTC and gradual implementation of Lightning Network. If this continues, we could be seeing another all time high within the year 2018.

We do hope that! But it's inevitable that sometimes problems happen. Such glitches of some sort and higher fees. At least it's becoming better this year. The BTC network and processes improved. Things are prone to changes, especially BTC is a currency everything's not really consistent. Changes can be a positive or a negative one. But we are all happy that transactions are smoother and better than ever. Hope that Bitcoin continues to improve so as its popularity! BTC.

Well, i agree that this is really a very good thng for us people who love crypto currencies. But the thing  is, nothing lasts forever which is why you cannot have that life permanently.  which is why it is very hard go through this, crypto world. But for me, this is the best part of crypto currencies. The volatility itself because this gives me an unexplainable thrill that i am currently addicted now.

It's a bad thing if high fees are deliberately created by a few people, but the fact is that Bitcoin has issues that makes this possible. Hopefully this can be solved soon, so transactions can be done in a proper way, with reasonable fees and confirmation times. Lightning Network should be the solution and has to be implemented asap.

I think that is all from the run out of the market that has been happening. When 300 billion runs out of the market there have to be some ripples that are felt.

BTC has done nothing to improve or update their protocol, so nothing in the protocol has changed to allow these so called improvements.

At the worst days of congestion there was a 15 transaction per second being operated which made the network a hell hole , and it's currently at 2.87 so everything is settling down and people who badly needed their money and didn't want to pay exorbitant amounts of fees can now enjoy their assets .
People are certainly happy that the transactions are getting cleared and the congestion is finally going away , yet problems aren't fully solved even with the support that the community is showing to the segwitted addresses . And at any moment everything can get much worse than what we experienced .
Miners actually don't mind that at all since they'll be making 3 times their normal revenues in fees (from 5btc per block to 15 ) , and people will be either paying more than 10% of their transaction's value in either fees or transactions accelerators (which can eventually turn up to be pure scams .. ) .
Radical change should be made and the current block size of 2Mb ain't nearly enough .
Will lightning network solve problems ? Maybe .. but i doubt it being adopted since miners will be spending money to adjust their mining farms , which they can refuse to ..

I don't think bitcoin is yet normal. I agree the sudden rise and fall isn't there at the moment which I strongly believe that happened as a result of the fudds and whales that dumped. Nevertheless, the transaction fees are still high compared to eth and others.

A happy trade off between a decent price and still be able to send quickly, with it not costing a small fortune would be ideal. Steady growth would also be nice

It will get cheaper for transactions as the price and demand decrease. I think bitcoin may still go down to 4k and then remain stable at that price.

I am waiting for lightning update. It will be faster and faster. They say new update will come in 6 months but some people say that it is a fake update. But if lightning update comes I cannot imagine altcoins.

Hope the update will come sooner. Anyways happy that bitcoin at this time became normal and hopefully it will day by day.

the problem is that the late or delay confermation of btc transection and fees of transection  .intotally thats harm the btc price more.i don't think so it is a quite   stable place and added with that the price of btc is down little bit in upcomming days if those problem remaining.

yes bitcoin now in normally position. very much increase of price is alarming signal of bitcoin.but in present time bitcoin price is $10000 is very stable and normal.

I think it will stay like this and it might even get better soon.
It isn't like it was back when Bitcoin was 1000$ but I guess you cannot really have both. I like the confirmation time got shorter now, that was a pain in the ass if you wanted to send fast, you would have to pay the fee more than the transaction to get in time.

interesting. I am afraid of a bubble coz so many people without any know how are investing into cryptocurrencies just because of "fast" money

I am assuming it will not be staying like this. Just few more days and after bitcoin recovers in price we might see the fees sky rocket along with the price as network load starts to increases. Feels good to pay only 11 sat/b (approx 28 cents fee) when doing a normal transaction and getting your transaction included within next 3 blocks. And you don't have to pay more than your transaction. Use https://bitcoinfees.earn.com/ to get an estimation on how much fee to pay to get your transaction included in a given fixed amount of time/block.

Yes it is and this time its going to become the Norm. Bitcoin and Blockchain Networks are not going anywhere. Soon they will be implemented in payments for everything you can think of. This is not speculation this is fact!

Yes bitcoin price was fluctuating normal but I guess their price is not yet normal because it was fall down so deep. Bitcoin was already reached the highest peak of $20,000 yet now their value was playing around to $10,000 to $12,000. However I was not losing hope that one day value of this coin we're back into the highest peak they reach or else their price touches over that value.

Bircoin will tends to become normal by the end of January/feb , base on speculations which I believe we are expecting BTC to rise to $40,000 by the end of 2018.

Well I have been warning people about Lightning and saying that the Bob plays ping-pong with Alice using a LN
channel was propaganda as is the theory that anyone can become a hub in the network because they cannot and
will need lots of BTC to fill the channels.

I knew I was right so take a look at this https://lnmainnet.gaben.win/
believe it or not but spending will be cheaper but receiving money from bankers is going to
cost you in interest plus small transaction fees.

Bankers are always nice people when they move into a new town, see how long that lasts before
we get stuffed again

Yeah i see that everything is back to normal again.

I just used coinbase to test the fees, and i only got charged by less than $5 FOR A SINGLE TRANSACTION!

Wow, i am more happier than when i got my first girlfriend.. lmao.

but this is so true, the price will go up soon, i guess.

Exactly what the community wanting to happen with bitcoin. Do people around started to used crypto cards and probably it could be a good start for  betterness. No doubts it happen in the future since many people are adopting these form of currency.

Yes it is normal today and for sure in the next few weeks it will stay normal but we must accept the fact that bitcoin today is now cheap not like last week the price is like 20000$ and it will reach again after a few months i guess.

I believe that by the spring bitcoin necessarily stabilizes. That is, it will return to the previous level. And even put new records at a price. Therefore, everyone who thinks that the digital currency has collapsed should not be taken care of

In terms of lower fees and faster transactions then yes it is good that it stays that way. But currently the price has leveled with not much movement. It would be great if the price increased due to the lower fees and faster transactions which attracts investors to move their money to bitcoin.

Yeah, bitcoin price is now stable but with still a few downs, I hope bitcoin price will be more stable in the coming days and also hoping it will recover its ath price before. Patience is really a virtue, so we really need to wait for the btc to rise again.

The problem the price is obviously strictly related to the fees and confirmation times. If the prices goes up, everybody wants a part of the profits and buys in. That causes an even greater demand and an even higher price. At this point, the load on the network increases dramatically which causes both longer confirmation times and higher fees. This continues until the network is overloaded and then the only transactions will be of new people buying in. Of course at this point, the slightest price drop becomes a big fall as people stop buying in and the trading volume decrease drastically. That's why a very sharp bull run like last year's is bad in the long run. It's better if the price increases more slowly without creating too much pressure on the network.
Of course this will probably never be the case as the big whales interests are different from the rest of the community but that's another disscusion.

Its good news. Is it real news? I am sorry i dont mean to not believe but this is very important.
I dont try to send any bitcoin transaction and i think this news can give the bitcoin high price if  its really the transaction become faster with low fee.

I am sure this will not happen, because if the transaction fee is small then the miners will feel at a disadvantage because the result they get it will be a little bit and probably will not be used to cover the mining costs but the transaction that we do depends on the bitcoin miners if they folded and kept up who will process it, I think if the fee goes up then the transaction process will also be quickly confirmed

It looks like the demand of bitcoin is not that high thats why transactions and fees are lower. But i think that it needs fixing though.

I personally think that, still whole world is not fully aware about blockchain and cryptography along with its features and future. But as more and more people will get aware about this innovative technology which is really changing businesses worldwide, due to limited supply of cryptocurrencies price of them will increase according to users interest and platforms offered by certain cryptocurrency.

Still it will take more time to correct price of Bitcoin, But price of Bitcoins will always volatile just because of decentralization.

I think permanently is not enough. It would be better and a very great achievement for Bitcoin if the transaction fees will be lowered to the minimum and the confirmation time down to almost instant. This way, Bitcoin shall wage a more winning battle against fiat. I hope that will happen soon. This is timely enough because Bitcoin is starting to flow along the mainstream.

I won't agree about what you said that bitcoin is becoming normal. How do you consider it as a normal if the value or price of the bitcoin fluctuates everyday. It is really hard to predict what will be the value of the coins in the market because based on what I have observed, when the bitcoin's value dropped, all the coins dropped too. Another thing is that, the transaction fee every time you trade or send your token in other trading site is very expensive.