Is bitcoin transaction fees fair?

[SandmanGirI]

Absolutely not. Obviously, bitcoin transaction fees are not reasonable!And i believe the folks behind bitcoin are very a lot conscious of this given that this issue has turned into a large concern for the time being. In my opinion they'll find a solution. It's been giving bitcoin a bad name. People are now staying away from using bitcoin to buy stuff due to the very high charges.

[SquigglyMunchkin]

Bitcoin will be use globally offline and online transactions,It will have a stable price to really make it the next forex next to Dollar!Generating it is difficult.

[wisdomcn]

I think the fees is creasing because they are increase in the capacity to meet the current demand in the security and to able to pay their staffs. For them meet up the current demand they require to increase their staffs. But at times the charges is not favorable because I do experience that they even charge more than the transfer amount.

[Entophobia]

will any trade include verium?? 

[Paycoinzzz]

Compared to some other payment systems, it is considered fair. You cannot compare the fees when transaction on Bitcoin to those charged by PayPal. Also, the speed of the transfers are very efficient. You get your funds even in minutes whereas you have to wait longer with PayPal and the rest especially when the transfers are from someone in another continent. 

Fees would be unreasonable if the bitcoin price is 100x more expensive than the current price, unfair because the miners apply the cost that can not be lowered again, this time still can be compared with paypal or fee from conventional bank, but in the future will not be able to because it will be more commercial.

You are using Bitcoin, so I think the fees rates should convert to Bitcoin, is not the FIAT value .
Of course, if the price of Bitcoin increases more, the transaction fees will be high too, therefore, the Bitcoin miner community need to find the way or hardfork and help Bitcoin system reduces the transaction fees.

[slavla3]

i explained this just before and i will say it once more, the only Actual fix for this is to code in the main a FIFO sort predicament for tx's.. this Total payment thing is a failure.. it will by no means perform as "supposed" as someone will usually established their fee higher and larger and greater.

[ElegantJump]

This coin has got the dumbest whales That i have ever seen. Even if they were going to sell, that is dumb in the first place this near to a major release, why are they going to get it done by basically depressing the price of themselves? Putting up partitions such as the types cranked via early in the month, and today putting up several partitions in a seriously depressed price rather than allowing it to go up and selling into the purchase pressure? Completely, horrifically stupid. These people do not deserve their money. Somebody with increased feeling should put it to better use. If these dummies maintain trading, ultimately someone will.

[AngelSupport]

The question is a bit subjective because as of now Bitcoin has become a tool of the wealthy rather than a tool for anyone to use. To me, the fees aren't fair if I think back on how proud the community was for having so so low fees. Now many say it's normal and if you don't want to pay the fees, don't use it, ignoring the fact that Bitcoin's main pillar against banks are low fees and fast transactions.

[Gloiri]

Actually for me it is not fair because the fees are getting really higher every day now. Bitcoin is also rising so this mean the fees will be expensive. I can't even send 4 dollar without paying 2 dollar fee.

So i want that the fees were just 1 or 2k satoshi. This would make bitcoin a lot better.

[warwar]

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 agree with your statement that when the price is high then the fee is high and the same with low price though it is fair with the bitcoin network because that is the result of high price . We all know that the price before is low and we cant notice the fee in transactions. As my self i think it is really fair with the bitcoin network because that is the behavior but in exchanges not.

[fedorkr6]

bitcoin transaction costs not honest now a times.end users constantly use big expenses for obtaining confirmation before long.community not improve block dimension in this way miners are acquiring profited and consumers loose their money.so many individuals now use bitcoin now need to have enhance block measurement or else bitcoin transaction fees will a lot more than financial institution charges.

[negancoin]

Transaction fees is a big problem for me and I think for most people. If they didn't solve it, bitcoin will only use for trading and not for daily basic. The thing that I use to hate about fiat was fees, and right now I am facing the same with bitcoin, every time I make a transaction I have to pay high fees and even with that I have to wait more than 30 min.

[1BTC EQUALS 1CAR]

No. That is the part that I hate the most. Whenever I check how much it will deduct if I'm going to transfer, I always curse loud because it's too much for me. I really believe that people will find an alternative to bitcoin that will solve all its issues.

[dns]

No, it is too expensive. As others crypto payment is cheap the bitcoin fee also must to be cheap. I hope in the future will be more cheap.

[MetroYoung]

This is one of the entrepreneurial quality that have and hang aside the business wners from the support people. As the chance of doing business is rewarded using the opturnities and money as well while in service the growth is determined by numerous factors within the organisation by itself. Also individuals support can't consider risk that easily and enjoy being secure.o

[chuckblocker]

it's awesome

[aarons6]

Unconfirmed Transactions
135,641 (118,202.43 Kb)


Optimal Fee / Kb
0.00407256 BTC


thats right, sending bitcoin right now would require a 25$ fee per Kb..

[Rohithrao]

which trading exchange charges low fee for buying or selling bitcoins?

[rndl1OO]

Thanks dev for the info!

[shield132]

I created this thread because fees weren't fair but there were some people who were supporting 300 satoshi/byte, don't know why but they were saying it was great. There are some people who wants to feel safe, secure and anonymouse and send small money. But... Now fee is 850-950 satoshi/byte so are those guys still supporting these fees? Do they think it's still very fair?
Won't it make shit for bitcoin business? Why will people use bitcoin if they have to pay so huge fees? World isn't full of rich people, we choose bitcoin for it's great sides and now one of them is going from great to worse so what to do? Bitcoin's price is very high, miners are earning much USD and still high fees to fill their pockets? Noo..