Bitcoin Forum
May 25, 2024, 11:16:47 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: big transactions fees are a problem for bitcoin!!?  (Read 181 times)
hosseinimr93
Legendary
*
Offline Offline

Activity: 2408
Merit: 5249



View Profile
February 21, 2018, 06:35:11 PM
 #21

Seems that you have not made any transaction in the past days or you didn't made any transaction 3-4 months ago. Now the transaction fees are not high. Transactions are confirmed fast with low fees.

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
ace9989
Member
**
Offline Offline

Activity: 177
Merit: 11


View Profile
March 01, 2018, 02:08:09 PM
 #22

The higher the adoption rate and the demands for it bitcoin is getting more scarce and harder to obtain. The fees are being affected by other countries regulation on it, economic crisis and much more.
yrrehc16
Full Member
***
Offline Offline

Activity: 532
Merit: 101



View Profile
March 01, 2018, 02:12:07 PM
 #23

bitcoin doesn't have a fast transaction!
bitcoin transfer fee is low if you are sending a bunch or big value.
bitcoin is not secure! once you made a mistake in the address it will be gone forever no refund!
The only thing in bitcoin is having anonymous, but if you are on some wallet like coinbase or others, there's no security on your identity.
coinwizard_
Jr. Member
*
Offline Offline

Activity: 336
Merit: 5

Most Advanced Crypto Exchange on the Blockchain


View Profile
March 01, 2018, 02:15:56 PM
 #24

Same thing about the transport system. Trains were cheap, fast, and spacious. Now try to get on during rush hour and you're on an overcrowded train, very expensive ticket, and it is slower due to too many people using it!

Hopefully bitcoin will have a solution to these high transaction fees

CRYPTOCIRCLEX | THE MOST ADVANCED CRYPTO EXCHANGE ON THE BLOCKCHAIN
✪╠════════════════════════════════════════════════════════════╣✪
Kprawn
Legendary
*
Offline Offline

Activity: 1904
Merit: 1073


View Profile
March 01, 2018, 02:51:45 PM
 #25

I think when you do a comparison with other payment systems, you have to take more things into consideration :

https://crypto.bi/tape/blog/ccs-swift/ will help you to understand this. You cannot compare APPLES with STRAWBERRIES

and make conclusions from that.  There are a lot happening on the front end and on the backend of these technologies and

things get complicated, when the amount increase.  Wink

THE FIRST DECENTRALIZED & PLAYER-OWNED CASINO
.EARNBET..EARN BITCOIN: DIVIDENDS
FOR-LIFETIME & MUCH MORE.
. BET WITH: BTCETHEOSLTCBCHWAXXRPBNB
.JOIN US: GITLABTWITTERTELEGRAM
fuer44
Sr. Member
****
Offline Offline

Activity: 1638
Merit: 262


View Profile WWW
March 01, 2018, 03:01:58 PM
 #26

One of the early edge/advantage of bitcoin are the following;
1. Fast Transaction
2. Low Transaction fees
3. Secure
4. Being Anonymous 

Now I don't think that bitcoin still has this advantage over the current monetary system. what do you think?

Read this article: https://www.cnbc.com/2017/12/19/big-transactions-fees-are-a-problem-for-bitcoin.html

bitcoin at the early indeed fast, it is because the network still not crowded.
the demands still low. but now, the demands of bitcoin is far increased from that time.
so the transaction time, fees are require more.
you are right, but the fee is too big. if the bitcoin transaction to another account is $ 25, and the fee is $ 16? it's almost 60% and that's too big. its better fee should be 5% or 10% for every transaction.
dewi91
Full Member
***
Offline Offline

Activity: 490
Merit: 100


View Profile
March 01, 2018, 03:10:48 PM
 #27

I think problem about transaction fees is solved because in a few weeks I see transaction fees is low but I don't know when bitcoin reach 20k like before whether transaction fees will goes up again or not. I not feel speed transaction of bitcoin is so fast because recently I send my bitcoin and it need time almost 1 hour.
hasmukh_rawal
Copper Member
Full Member
***
Offline Offline

Activity: 490
Merit: 105


★777Coin.com★ Fun BTC Casino!


View Profile
March 01, 2018, 03:19:05 PM
 #28

The issues you are mentioning above are already discussed and most of them are already solved.
I must admit that the transaction fees has gone way down than it was a few months ago. The fees will go more down after the implementation of the lightning network. Although its implementation is going to be done for doing micro payments, it will still be used by many number of people to do the transactions.

kier010
Full Member
***
Offline Offline

Activity: 532
Merit: 100


View Profile
March 01, 2018, 03:21:24 PM
 #29

only exchange sites now have high fees when sending bitcoin. bitcoin is always secure but if you made a mistake then the one to blame is you yourself. always think and secure what you do to avoid mistakes.
mammon
Sr. Member
****
Offline Offline

Activity: 422
Merit: 251



View Profile
March 01, 2018, 03:22:57 PM
 #30

What a total bullcrap about the BTC fee right now!

Did send 800 euro in BTC a few days back, fee was 1,32 dollar. And that is cheap Smiley
Dont't like the fee?

DON'T USE BITCOIN!!  It is just so simple  Huh

edit. And yes it was quick also...
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!