Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Bytas on November 23, 2013, 10:25:31 AM



Title: Standard transactionfees are getting high again?
Post by: Bytas on November 23, 2013, 10:25:31 AM
so, since the transactionfee was last adjusted in size, the value of bitcoin multiplied by more than tenfold again.
Isn't it time to push back the fee by another 2 or 3 digits?

Would be epic for smaller transactions, because it's getting excessive. the advantage of 'it has virtually no fees' is something we can't claim at the moment. 


Title: Re: Standard transactionfees are getting high again?
Post by: blacksails on November 23, 2013, 10:42:25 AM
Yeah, I think so to! They should really do that for the next release! (if that's how it works, otherwise how?)


Title: Re: Standard transactionfees are getting high again?
Post by: oakpacific on November 23, 2013, 10:53:42 AM
I got tired of people complaining about having to pay 8 cents min transaction fee........


Title: Re: Standard transactionfees are getting high again?
Post by: PenAndPaper on November 23, 2013, 10:58:38 AM
I got tired of people complaining about having to pay 8 cents min transaction fee........

True but what about micropayments which is an area that bitcoin can easily disrupt.
With 8cents / transaction that doesn't look to be the case anymore.


Title: Re: Standard transactionfees are getting high again?
Post by: Gabi on November 23, 2013, 11:07:51 AM
8 cent isn't exactly "low"


Title: Re: Standard transactionfees are getting high again?
Post by: Birdy on November 23, 2013, 11:18:14 AM
I also think standard fees should be lowered, a quick patch doing this would only help Bitcoin.


Title: Re: Standard transactionfees are getting high again?
Post by: oakpacific on November 23, 2013, 11:25:01 AM
I got tired of people complaining about having to pay 8 cents min transaction fee........

True but what about micropayments which is an area that bitcoin can easily disrupt.
With 8cents / transaction that doesn't look to be the case anymore.

This is not a problem with a sraightforward solution, as it will bloat the blockchain, checkout casascius's probabilistic nanopayment and Mike Hearn's rapidly adjusted micropayment proposals if you are interested.


Title: Re: Standard transactionfees are getting high again?
Post by: Rluner on November 23, 2013, 02:23:09 PM
https://en.bitcoin.it/wiki/Transaction_fees