How low transactions fees could go?

[Scotshield]

This is a complex issue for setting a fee. It has to take into account a whole series of issues such as: quantity of daily transactions, maintenance cost per day and cost to exchange continue to work (cost of technology and labor). If there is someone financing everything back, it may not have a fee. However, the smaller the exchange, the more likely its rate is, or it will not be able to sustain itself.

[nicosey]

Doesn't this all create perverse incentives for the miners?

[BunnyToken]

it's not  good idea to set low transaction fee,, you can wait long time to receive money.

[boy130]

The fees can go as low as the miners will allow, if there's a reduction in competition then miners will start accepting low fees, the absolute minimum would be 1sat/byte, but I do believe it is possible to send a transaction without a fee, though I doubt it would be confirmed as there is no benefit for the miners. Once the lightning network starts on the main net, we will start seeing fees approach the minimum even for high size transactions.

[bob123]

it's not  good idea to set low transaction fee,, you can wait long time to receive money.

Actually the mempool is kind of 'empty' at the moment. You can view it here: https://jochen-hoenicke.de/queue/#1,24h.
Currently transactions with a fee as low as 10 sat/B get confirmed in the next block.

Even fees with a fee of 1 sat/B are getting confirmed within a few hours max currently.

we will start seeing fees approach the minimum even for high size transactions.

The fee is usually measured in [sat/B] (satoshi per byte).
The actual fee for a transaction is then dependend on the size. But the fee rate (sat/B) is the same for small and big transactions.

To be honestly, i don't think fees can go much lower than currently. With the LN getting developed and also used/accepted we will see a growth of bitcoin usage in general.
Together with the LN i think fees will kinda stay at the same level. In the long term, of course, fees should rise again. Even with closing channels only once per week (or month).
The increased adoption will drive the fees higher again.. but i don't think we should reach the fee level of a few months ago (1000+ sat/B) again.
At least not if there is no spam attack. SegWit + LN are awesome regarding short-/midterm scaling.

[Boximuss]

with the low fee, it could take weeks

[Heisenberg_Hunter]

Transaction fees could reach as low as 0.5sat/byte but who will accept it and include them in block. If a miner doesn't get any incentive for the work he does, then why should he include your transaction in the block. Once if LN strikes, fees could get lower as the transactions could occur off-chain.

Very few people or only people connected with crypto know about the segwits and their uses, how does it work etc, which indicates that people just uses ordinary address and pays for the fees unless these segwits become so popular and ordinary people adopt to segwit.
Fees will never become lower unless people adopt themselves to segwits, LN and other new technologies which takes place in the btc world.

[bitbunnny]

I beleive that depends on miners are how far, or better to say low, are they willing to go.
Remember that not so long ago we almost had some kind of war between users and miners because of extremly high fees.
Also, the number of transactions is important to calculate fees.
At the moment transactions fees are realy low and I don't think there is much space for further reduction.

[bitcoinisbest]

it's not  good idea to set low transaction fee,, you can wait long time to receive money.

This was the case last month when the bitcoin unconfirmed transaction where huge and where continuously rising . thus if you set a low rate means for days or even for a weeks the transaction would have remained unconfirmed. But now this case is not more as many have started using the segwit address and thus the pressure has reduced a lot on blockchain too. So now you just have to pay very minimum fee for transfer.