Is bitcoin transaction fees fair?

[Cosbycoin]

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.

When it comes to bitcoin transaction fee charge, they are different percentage. There are some exchanges site that giving high fees and some's are low fee's of charge like example on  bittrex the transaction charge fee's was 0.001BTC while in yobit was 0.001BTC which is really shit. Bittrex is more better and popular than yobit but its insane, isn't?

Yes, are there on transaction charges file some of them provide you with a less fee net. If you are staying is charging you more than you think then isn't it wise to change your exchange. I personally like bittrex more than any other bitcoin exchange because it charges are pretty low and sensible as compared to any other exchange, but I don’t consider it insane.

[Karpeles]

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.

When it comes to bitcoin transaction fee charge, they are different percentage. There are some exchanges site that giving high fees and some's are low fee's of charge like example on  bittrex the transaction charge fee's was 0.001BTC while in yobit was 0.001BTC which is really shit. Bittrex is more better and popular than yobit but its insane, isn't?

Withdrawal fee charged by exchanges and transaction fees are different. The echanges may not forward the 0.001 Bitcoin to the miners and keep the profits for themselves for one reason or another. If the market allows it and users agree to pay then it is fair in some sense.

[nuela]

I will incur costs if I make bitcoin transactions as a form of payment, many of the world's trades that receive digital currency only for low transactions. I think it has to be reminded how fair bitcoin is in the transaction.

[carlisle1]

All need a fee for the transaction, but why now these transaction costs start to rise uncharacteristically, and even then there is still a slow as the confirmation of the transaction had to wait a long time. Whether it can be worth the long wait and sometimes bigger than the amount you go to

maybe that's the things that's needed to be resolved by the team behind bitcoin as the fee is really getting higher so sending bitcoin
if you only got small amount is not advise you need to have a good amount in order to proceed and not to feel the big fees.

[ethereumhunter]

i don't know if its fair or not because its depend with each people. if they have many bitcoin then i think they are fine with the fee but for people which have few bitcoin then they will thinking that they don't want to send small amount of bitcoin and they need the amount is bigger so they can send the transaction.

if you use android phone wallet, you can setting how much your fee but there will be a waiting time to gets confirmed. but if you use exchanges wallet only, then you should follow with their fee and can not negotiable.

[xskl0]

BTC fees are too expensive for normal bitcoiners

[CryptosapienZA]

For me, Bitcoin fees currently though they have reduced from what they were earlier this year. I still find them to be ridiculously expensive. When I bought my first bitcoin, the fees were very low and that was what was promised and that was the gospel being preached. Right now, we cant say the same otherwise we would be misleading newbies.

[Kronos21]

My e-wallet too, until this year, did not take money for transactions bitcoin at all. Then the fee per transaction was 0.0009 BTC and 0.0005 BTC now. I think that it is expensive and not conducive to the development of trade.

[alyssa85]

For me, Bitcoin fees currently though they have reduced from what they were earlier this year. I still find them to be ridiculously expensive. When I bought my first bitcoin, the fees were very low and that was what was promised and that was the gospel being preached. Right now, we cant say the same otherwise we would be misleading newbies.

True - but remember you can always use alts or bitcoincash to move money, especially if you are moving coins from exchange to exchange. The only time you need to pay bitcoin fees is if you are moving coins from your own wallet.

[Reid]

I am glad of how the adjustments was made ever since the transactions got faster.
I dont even feel the fees anymore when I am using electrum.
The good thing is you could adjust it more to the lower price until it is very low per kb. I dont really much care about the transaction time for I am not in a hurry.

[libert19]

Man you get loads of return on your investment because of Bitcoin price and you care about those cents meh

[8Habits]

I am glad of how the adjustments was made ever since the transactions got faster.
I dont even feel the fees anymore when I am using electrum.
The good thing is you could adjust it more to the lower price until it is very low per kb. I dont really much care about the transaction time for I am not in a hurry.

That is right. In Eleectrum, I just set it to dynamic and have it 150% to the ideal transaction fee so that I will be sure that it will get through the soonest. But when I am not in a hurry, I will just get manually set to the daily suggested transaction fee base on bitcoinfees21co

[lovesybitz]

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 in that case as one of the community in this industry, we do nothing about it. In fact, in every exchange site platform they are not the same percentage in every transactions that you/we are going to make, like correct example in yobit they will charge you with a
minimum 0.001BTC while in bittrex there minimum charge was 0.001BTC, but whether they charge you high fee's I think that would be fine if you will withdraw a huge of bitcoin but if not, that's the problem.

[fasdorcas]

Man you get loads of return on your investment because of Bitcoin price and you care about those cents meh

At first I believed the price was unfair, maybe due to the fact that we weren’t being charged at first. But after some time, I reasoned out a few cents is a little to pay compared to the amount of profit we make from the platform, though not everyone. But I read that the price will still be increased, so if they do that it will be unfair.

[GreatOrchid]

I think it is fair at the moment, now that the fork is done, transactions have become faster. I remember that before the fork i had to wait around 40 minutes to have at least one confirmation (paying high fees). Now the transactions take ten minutes max to have the first confirmation, even with low fees. I think fees are fair, even if you withdraw from an exchanger or any other site, the fees are probably lees than 0.00015 ($0.60)

[dreamer81]

This is a problem. Fees should fall and fall, but instead they climb and climb. I dont care really since i'm not transacting so many coins

[Harlot]

This is a problem. Fees should fall and fall, but instead they climb and climb. I dont care really since i'm not transacting so many coins

I don't think that its a problem at all because transaction fees can be adjusted at your preferred price depending on the level of priority of you want. Some wallets have given you the freedom to adjust the price of transacting your Bitcoin and some wallet even have no transaction fees if you are transacting to the same wallet provider. Also seeing the fees of Bitcoin transactions I doubt that it would really affect our funds that much.

[InvoKing]

This is a problem. Fees should fall and fall, but instead they climb and climb. I dont care really since i'm not transacting so many coins

I don't think that its a problem at all because transaction fees can be adjusted at your preferred price depending on the level of priority of you want. Some wallets have given you the freedom to adjust the price of transacting your Bitcoin and some wallet even have no transaction fees if you are transacting to the same wallet provider. Also seeing the fees of Bitcoin transactions I doubt that it would really affect our funds that much.

For people making many transactions, it is frustrating a little bit. I remember few services was offering few ''free'' transactions for their customers which was stopped lately due probably to the rise of the fees. I remember few years ago, I was able to pass some tx without fees (it isn't a good thing for bitcoin yeah), or for now sometimes a standard tx fees could stuck for a while. Increasing the block size could be a solution? I think yes especially after the next halving if the price didn't get adjusted correctly 

[GXHPP]

The way fees are dominated are on the progressive method depending on your transaction side, with the current bitcoin bump, I have to admit the fees are getting more and more, but in the same way that's just for the network and demand for places in block to decide, I guess.

[marcbitcoins]

The way fees are dominated are on the progressive method depending on your transaction side, with the current bitcoin bump, I have to admit the fees are getting more and more, but in the same way that's just for the network and demand for places in block to decide, I guess.

For now i dont care for the high fees services as long as bitcoins transactions is faster and reliable. I would gladly pay higher if i could receive my bitcoins in just 1 day not within 3 days.