Reduced transaction fees

[4p0l4k4y]

Yes absolutely right, the transaction fee is ridiculously high. Im wondering why ethereum can do it for a cheaper amount while bitcoin makes it difficult for its loyal customers. There should be a permanent resolution for this concern.

[kriticko29]

I would say this is the only time exchanges only make their profits co'z ever since the price dropped they only made a small amount of transaction fee's.

[TopT3ns]

As the value of BTC has increased almost 10 fold, do we expect the fees to come down? The charge for small transactions are very high right now.

i think the fee wouldn't down because it's already like that even the price not higher yet, and not it looks very high because the price of bitcoin and the fee is depends on KB and not value

[slyfox]

I don't really think that it is related with the price of BTC, it will be on the standard level, the solution here is another fork which we should wait and trust the developers that they can fix this issue. Though, honestly the confirmation also takes a lot of time, waiting is too long but it's okay, i know this kind of issue will be solved.

No we do not need another fork, we need the solution of the devs to be fully implemented and that is not going to happen until next year, the only thing we can do now is to wait and see if the lightning network works, I have no doubt it will, but we will have to see it with our own eyes to finally settle that issue.

[Insomnia family]

As the value of BTC has increased almost 10 fold, do we expect the fees to come down? The charge for small transactions are very high right now.

Well we can only follow the price of Bitcoin, because the cost of bitcoin also follow the price if the higher the cost will also rise and if the price goes down the cost will also go down, because now it is very difficult for us who have small. Capital goes to Bitcoin, WitDraw cost is also more expensive.

[DannaWonder]

I don't really think that it is related with the price of BTC, it will be on the standard level, the solution here is another fork which we should wait and trust the developers that they can fix this issue. Though, honestly the confirmation also takes a lot of time, waiting is too long but it's okay, i know this kind of issue will be solved.

No we do not need another fork, we need the solution of the devs to be fully implemented and that is not going to happen until next year, the only thing we can do now is to wait and see if the lightning network works, I have no doubt it will, but we will have to see it with our own eyes to finally settle that issue.

I hope this one will be implemented soon, good thing bitcoin's price is going higher and the cost of the fees is being compensated by the increase of the price in fiat but once the lightning network is implemented it will surely entice more people to invest into bitcoin.

[youghten]

As the value of BTC has increased almost 10 fold, do we expect the fees to come down? The charge for small transactions are very high right now.

No , will have same value number of btc will reduce (less than 0.00XXX) and number of fee will decrease (0.0000xx) but it’s value same as fee of (0.00xx)today .

hope i explain what i talk about   fee will reduce in btc and have stable amount of Dollars

[slyfox]

I don't really think that it is related with the price of BTC, it will be on the standard level, the solution here is another fork which we should wait and trust the developers that they can fix this issue. Though, honestly the confirmation also takes a lot of time, waiting is too long but it's okay, i know this kind of issue will be solved.

No we do not need another fork, we need the solution of the devs to be fully implemented and that is not going to happen until next year, the only thing we can do now is to wait and see if the lightning network works, I have no doubt it will, but we will have to see it with our own eyes to finally settle that issue.

I hope this one will be implemented soon, good thing bitcoin's price is going higher and the cost of the fees is being compensated by the increase of the price in fiat but once the lightning network is implemented it will surely entice more people to invest into bitcoin.

Once people see that the lightning network is going to work people are going to forget about all these forks, the forks are just temporary on their nature I hope people do not invest in them or they are going to sloe a lot of money when the price of the forks goes to zero.

[braves182]

Without integration of Lightning Network we won't see small transactions fee.. The higher will the demand for BTC  transations , the more will be overloaded the Network and the commission fee will be higher. So, just wait!

[AVAMONEY]

As the value of BTC has increased almost 10 fold, do we expect the fees to come down? The charge for small transactions are very high right now.

As long as the bitcoin price increases, transaction fees are also striking. I don't really expect fee's to come down, just make sense, bitcoin increasing so the fee's are also increasing.

I think when Bitcoin development launching a success Lightning Network first transaction, this would become to solve all of this. But in fact, it will takes more time for some wallet service and exchanges accept this, since it will have impact in miners which miners will takes first tx with more high fees in mempool to be mined priority.

[Pink Panda]

Yeah its really a big problem for us here now..a lot of fees have really been rising now ,as bitcoin is rising fees have been rising too ,crazily..when we about to withdraw it reaches 20% that fees would deduct our cash

[mayax]

https://www.torproject.org/donate/donate-options.html.en

(Due to the current state of the Bitcoin market, our payment processor, Bitpay, will not allow us to accept donations of less than 100 USD. However, we can also accept donations, including smaller donations, through Bitcoin Cash)   

[slyfox]

https://www.torproject.org/donate/donate-options.html.en

(Due to the current state of the Bitcoin market, our payment processor, Bitpay, will not allow us to accept donations of less than 100 USD. However, we can also accept donations, including smaller donations, through Bitcoin Cash)   

It is sad but that is the current state of the bitcoin network, any payment below 100 dollars is no longer worth to make with bitcoin, that is why it is getting harder and harder to make business for people in the forum that are selling their digital products.

[mayax]

https://www.torproject.org/donate/donate-options.html.en

(Due to the current state of the Bitcoin market, our payment processor, Bitpay, will not allow us to accept donations of less than 100 USD. However, we can also accept donations, including smaller donations, through Bitcoin Cash)   

It is sad but that is the current state of the bitcoin network, any payment below 100 dollars is no longer worth to make with bitcoin, that is why it is getting harder and harder to make business for people in the forum that are selling their digital products.

use paypal