Is bitcoin transaction fees fair?

[stompix]

To my mind when price becomes high, we have to pay low fee and when it becomes low, than fee has to be high. To my mind it had to be done like this from the begining.

What why? that's seems to be unfair also. I think increasing the transaction fees when the price is high is completely irrelevant no matter what the price bitcoin is the transaction fee should be always static.
What i mean bitcoin transaction fee should always be fixed. Especially when there is a delay in receiving payments because of the bitcoin scaling.

And why should they be fixed?
What is this communism?

We have a limited space for transactions so whoever wants that space will have to pay more than the others.

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[bartolo]

High fee is one of disadvantages of bitcoins in comparison with many of altcoins.
in many cases I use altcoins when my transaction amount is low and receiver apply that coin.

Using altcoins may be useful but only in very specific cases. One the one hand you save money because its transaction fees are lower but at the same time you have to make a double change bitcoin-altcoin, altcoin-bitcoin in which you can also lose an amount in the double exchange. Different case is if the receiving person accept to receive in altcoin but in general I think it can make you save time, but not much money.

[Yakamoto]

To my mind when price becomes high, we have to pay low fee and when it becomes low, than fee has to be high. To my mind it had to be done like this from the begining.

What why? that's seems to be unfair also. I think increasing the transaction fees when the price is high is completely irrelevant no matter what the price bitcoin is the transaction fee should be always static.
What i mean bitcoin transaction fee should always be fixed. Especially when there is a delay in receiving payments because of the bitcoin scaling.

And why should they be fixed?
What is this communism?

We have a limited space for transactions so whoever wants that space will have to pay more than the others.

I personally prefer this approach to the issue, there is no real "fix" and everything is "fair" because there is a limited supply of block space and a there is a demand for space in said blocks. As such, fees go up. Really a free-market system if you think about it.

If miners want to push to larger blocks, then that's their choice since they indirectly control the supply and can opt to make it different if they need to.

[fullypak]

High fee is one of disadvantages of bitcoins in comparison with many of altcoins.
in many cases I use altcoins when my transaction amount is low and receiver apply that coin.

Using altcoins may be useful but only in very specific cases. One the one hand you save money because its transaction fees are lower but at the same time you have to make a double change bitcoin-altcoin, altcoin-bitcoin in which you can also lose an amount in the double exchange. Different case is if the receiving person accept to receive in altcoin but in general I think it can make you save time, but not much money.

This process is a little bit risky, and we can not save more money. The transaction fee is high for low amount transfer people. But it is a fair amount for high amount traders. The problem is the transaction fee is fixed that is the problem. It should be fixed by how much amount we can transfer means ok. But it is not like that for the small or big amount the fee is same that is the problem.

[Sundark]

This process is a little bit risky, and we can not save more money. The transaction fee is high for low amount transfer people. But it is a fair amount for high amount traders. The problem is the transaction fee is fixed that is the problem. It should be fixed by how much amount we can transfer means ok. But it is not like that for the small or big amount the fee is same that is the problem.

Bitcoin is not good micropayment solution, transaction fee is now more than $1 which completely eliminates reason behind every transaction lower than $1 worth of BTC
You simply do not sent $1 and pay 100% transaction fee. Bitcoin transaction fee is linked to the amount of data being send so as long as it is low it should be better option than standard percentage fee.

[szpalata]

This process is a little bit risky, and we can not save more money. The transaction fee is high for low amount transfer people. But it is a fair amount for high amount traders. The problem is the transaction fee is fixed that is the problem. It should be fixed by how much amount we can transfer means ok. But it is not like that for the small or big amount the fee is same that is the problem.

Bitcoin is not good micropayment solution, transaction fee is now more than $1 which completely eliminates reason behind every transaction lower than $1 worth of BTC
You simply do not sent $1 and pay 100% transaction fee. Bitcoin transaction fee is linked to the amount of data being send so as long as it is low it should be better option than standard percentage fee.

Great point, so people should start negotiating for the size of their transaction rather than the raw amount; that way they might be able to come to terms with the relatively low transaction fees compared to percentages being charged on fiat currency transactions.

[jaberwock]

There is no such thing has fairness in the world, only things that decide are the market, the power(in all their forms, military,  economic, influence, rhetoric, etc..) and the laws of reality.

Miners have the power to accept the transactions with whatever minimum fee they want and there is no way to accommodate infinite transactions

[Nemo1024]

It's not a question of fair or unfair, but of Bitcoin design. Simply put, as the mining revenue from block discovery goes down (halvings) and the adoption grows, the other incentive for the miners to stay and process the transactions kicks in - fees.

[gandame]

Everyone wanted higher bitcoin price and we achieved this but another problem become transaction fees. When bitcoin's price was low, we had to pay also low fee and now when it rised, we have to pay high fee in bitcoins and plus that high fee is more higher with current price. Is this fair? The higher the price, the more money miners have with bitcoin exchange.
To my mind when price becomes high, we have to pay low fee and when it becomes low, than fee has to be high. To my mind it had to be done like this from the begining.

I think just fee what is the gave u for transation fee in this world nothing you can see free. If you want bitcoin to continue for a time or years just pay what is the transaction fee. Because because they need to get fee for every transaction for mining fee and process it fast.

[1Referee]

It's not a question of fair or unfair, but of Bitcoin design. Simply put, as the mining revenue from block discovery goes down (halvings) and the adoption grows, the other incentive for the miners to stay and process the transactions kicks in - fees.

Eventually speaking, you're right. But don't let yourself get blinded by how Bitcoin is set up, to even in the long run be beneficial for the miners. It's a piece of a cake for miners to create a fake form of block space scarcity by choking the network with rubbish transactions. Just think about it; what's the direct result of this? Right, it's people paying a higher fee in order to have their transaction included in the next few blocks.

[FasTroy]

High fee is one of disadvantages of bitcoins in comparison with many of altcoins.
in many cases I use altcoins when my transaction amount is low and receiver apply that coin.

Using altcoins is very good idea. but when we talk about bitcoin transactions fees. I think it's normal when we see this high fees. All we know that bitcoin have an amazing price. So it's fair that miner fees increase with that. For me, i don't have any problem with that because i use xapo wallet. I don't pay fees.

[MingLee]

To my mind when price becomes high, we have to pay low fee and when it becomes low, than fee has to be high. To my mind it had to be done like this from the begining.

What why? that's seems to be unfair also. I think increasing the transaction fees when the price is high is completely irrelevant no matter what the price bitcoin is the transaction fee should be always static.
What i mean bitcoin transaction fee should always be fixed. Especially when there is a delay in receiving payments because of the bitcoin scaling.

Why should it be completely fixed? There are no other attributes that Bitcoin has that are fixed beyond the hard coin cap, everything else is essentially very loose or up to the community to decide. If there are any other attributes that are fixed, then let me know because they're few and far between.
The market should determine how much it costs based entirely on the demand and supply. Bitcoin is a great free market system and there is little room for socialist or egalitarian policies.

[Casabrandy]

To my mind when price becomes high, we have to pay low fee and when it becomes low, than fee has to be high. To my mind it had to be done like this from the begining.

What why? that's seems to be unfair also. I think increasing the transaction fees when the price is high is completely irrelevant no matter what the price bitcoin is the transaction fee should be always static.
What i mean bitcoin transaction fee should always be fixed. Especially when there is a delay in receiving payments because of the bitcoin scaling.

Why should it be completely fixed? There are no other attributes that Bitcoin has that are fixed beyond the hard coin cap, everything else is essentially very loose or up to the community to decide. If there are any other attributes that are fixed, then let me know because they're few and far between.
The market should determine how much it costs based entirely on the demand and supply. Bitcoin is a great free market system and there is little room for socialist or egalitarian policies.

Fixed fees or fixed amount , doesn't relay much in bitcoin. There's no such fix term correlate in bitcoin since its value is increasing or decreasing. Fees should be based on the service and how much the transaction would be ,a brackets to every amount that will going to payment and the percentage for the fee. Just links in pleural payment shops.

[favours]

Fees are insane. I paid $6 to transfer 0.4BTC and zero confs in 3 hours.

[erpbridge]

Fees are insane. I paid $6 to transfer 0.4BTC and zero confs in 3 hours.

6$ ? You ended up doing that to yourself. At the current price a fees of around 0.0006 should suffice for 0.4 btc. That is around 1.2$. Why did you pay 6$ of fees for transacting that amount ? It is not that high right now.

[CyberKuro]

This process is a little bit risky, and we can not save more money. The transaction fee is high for low amount transfer people. But it is a fair amount for high amount traders. The problem is the transaction fee is fixed that is the problem. It should be fixed by how much amount we can transfer means ok. But it is not like that for the small or big amount the fee is same that is the problem.

Bitcoin is not good micropayment solution, transaction fee is now more than $1 which completely eliminates reason behind every transaction lower than $1 worth of BTC
You simply do not sent $1 and pay 100% transaction fee. Bitcoin transaction fee is linked to the amount of data being send so as long as it is low it should be better option than standard percentage fee.

Blockchain.info shows we should pay at least 120sat/BTC, yes transaction fee depends on your transaction size. But, more than $1 is higher than some remittance fee and we should wait for uncertain time to get the transaction confirmed. I've been waiting for 3 days but my transaction still stuck on limbo and seems $2 fee is not enough for now, even though my transaction didn't exceed 0.8BTC

[stompix]

This process is a little bit risky, and we can not save more money. The transaction fee is high for low amount transfer people. But it is a fair amount for high amount traders. The problem is the transaction fee is fixed that is the problem. It should be fixed by how much amount we can transfer means ok. But it is not like that for the small or big amount the fee is same that is the problem.

Bitcoin is not good micropayment solution, transaction fee is now more than $1 which completely eliminates reason behind every transaction lower than $1 worth of BTC
You simply do not sent $1 and pay 100% transaction fee. Bitcoin transaction fee is linked to the amount of data being send so as long as it is low it should be better option than standard percentage fee.

Blockchain.info shows we should pay at least 120sat/BTC, yes transaction fee depends on your transaction size. But, more than $1 is higher than some remittance fee and we should wait for uncertain time to get the transaction confirmed. I've been waiting for 3 days but my transaction still stuck on limbo and seems $2 fee is not enough for now, even though my transaction didn't exceed 0.8BTC

The value of your transaction is not affecting the fee.
The size of it does.
Was your tx normal or with a whole load of inputs?

Ar 2$ (???really?)  it means bye bye buying anything below 20$ with btc.
I've paid my last vpn bills via paypal , yeah I know... paypal but i'm bot going to pay ever 10% extra for a 8$ bill

Fees are insane. I paid $6 to transfer 0.4BTC and zero confs in 3 hours.

6$
Can you post the tx please if its not a secret?

[bitbunnny]

Many users are not happy with high fees, some even so much that they want to quit using Bitcoin. Sometimes fees are exaggerated but good wallet can solve the issue with proposed transactions fee that will not stop it from beeing confirmed but also that is fair enough. But have the miners become too gready that is another question.

[Pettuh4]

Well to me it's unfair compared to the past  few months but if we compare to fiat payment processors I'd say we should give the miners a break because this is far cheaper.

[markjamrobin]

Many users are not happy with high fees, some even so much that they want to quit using Bitcoin. Sometimes fees are exaggerated but good wallet can solve the issue with proposed transactions fee that will not stop it from beeing confirmed but also that is fair enough. But have the miners become too gready that is another question.

A wallet is not a good proposition; it does not really affect the transactions and costs that you pay. Bitcoin needs a measure, and that is segwit, it's the best way to perfect bitcoin.