I think we are greedy

[nuela]

Greed that makes no more confidence. Costs are rising and this is the same as the burning problems that we have faced.
Bitcoin prices unstoppable again so just imagine.

[nidacoinlove]

I have been trying to deposit/withdraw fiat into different exchanges, and I found that most fees are absolutely ridiculous (7%-10%?!). With many options to deposit/withdraw fiat (and different fees), I think we are getting a bit greedy with Bitcoin.

According to Bitcoin price at the moment, depositing fiat worth of 1BTC ($2,053) requires fees ranging between $21-$205, while most of us want to transact that same 1BTC with something like $0.5 and getting rage over the delay!

I think paying $1-$5 in fees is relatively acceptable, since bitcoin price is rising every single day.

Yeah I agree it is not a big deal really to pay $5 for a transaction worth 2000 DOLLARS or may be more, but what makes me more curious about the future of the Bitcoin is the delay in the transaction. As we all know that the Bitcoin popularity is also based on the fast track transaction, if this feature really doesn’t work I am afraid the Bitcoin may face some harsh consequences.

[SoulBargain]

I have been trying to deposit/withdraw fiat into different exchanges, and I found that most fees are absolutely ridiculous (7%-10%?!). With many options to deposit/withdraw fiat (and different fees), I think we are getting a bit greedy with Bitcoin.

According to Bitcoin price at the moment, depositing fiat worth of 1BTC ($2,053) requires fees ranging between $21-$205, while most of us want to transact that same 1BTC with something like $0.5 and getting rage over the delay!

I think paying $1-$5 in fees is relatively acceptable, since bitcoin price is rising every single day.

Yeah I agree it is not a big deal really to pay $5 for a transaction worth 2000 DOLLARS or may be more, but what makes me more curious about the future of the Bitcoin is the delay in the transaction. As we all know that the Bitcoin popularity is also based on the fast track transaction, if this feature really doesn’t work I am afraid the Bitcoin may face some harsh consequences.

I believe Bitcoin can find an effective solution with the probelems they are facing so that they can cope up with the increasing demands and now that Bitcoin has gained its momentum especially this year where a lot of countries have officially announce their acceptance then I'm very optimistic that the developers would not like to miss the opportunity that open up in front of them together with its users all around the world.

[worldmobilecoin]

I have been trying to deposit/withdraw fiat into different exchanges, and I found that most fees are absolutely ridiculous (7%-10%?!). With many options to deposit/withdraw fiat (and different fees), I think we are getting a bit greedy with Bitcoin.

According to Bitcoin price at the moment, depositing fiat worth of 1BTC ($2,053) requires fees ranging between $21-$205, while most of us want to transact that same 1BTC with something like $0.5 and getting rage over the delay!

I think paying $1-$5 in fees is relatively acceptable, since bitcoin price is rising every single day.

Yeah I agree it is not a big deal really to pay $5 for a transaction worth 2000 DOLLARS or may be more, but what makes me more curious about the future of the Bitcoin is the delay in the transaction. As we all know that the Bitcoin popularity is also based on the fast track transaction, if this feature really doesn’t work I am afraid the Bitcoin may face some harsh consequences.

I believe Bitcoin can find an effective solution with the probelems they are facing so that they can cope up with the increasing demands and now that Bitcoin has gained its momentum especially this year where a lot of countries have officially announce their acceptance then I'm very optimistic that the developers would not like to miss the opportunity that open up in front of them together with its users all around the world.

IMO, if they do or do not find any solution for this problem, we will still can see new higher level price by end Q3 this year. Because people keep on buying for saving. 

[pooya87]

I have been trying to deposit/withdraw fiat into different exchanges, and I found that most fees are absolutely ridiculous (7%-10%?!). With many options to deposit/withdraw fiat (and different fees), I think we are getting a bit greedy with Bitcoin.

According to Bitcoin price at the moment, depositing fiat worth of 1BTC ($2,053) requires fees ranging between $21-$205, while most of us want to transact that same 1BTC with something like $0.5 and getting rage over the delay!

I think paying $1-$5 in fees is relatively acceptable, since bitcoin price is rising every single day.

Yeah I agree it is not a big deal really to pay $5 for a transaction worth 2000 DOLLARS or may be more, but what makes me more curious about the future of the Bitcoin is the delay in the transaction. As we all know that the Bitcoin popularity is also based on the fast track transaction, if this feature really doesn’t work I am afraid the Bitcoin may face some harsh consequences.

I believe Bitcoin can find an effective solution with the probelems they are facing so that they can cope up with the increasing demands and now that Bitcoin has gained its momentum especially this year where a lot of countries have officially announce their acceptance then I'm very optimistic that the developers would not like to miss the opportunity that open up in front of them together with its users all around the world.

IMO, if they do or do not find any solution for this problem, we will still can see new higher level price by end Q3 this year. Because people keep on buying for saving. 

price has never had anything to do with this situation. that is affected mostly by the exchanges and the demand "traders" have in there. so it will continue to rise as long as that demand is still there and increasing, which it does.

but since bitcoin is not JUST an investment but also a currency, this situation comes in but the importance of it regarding price is smaller at this point but in long term that will be what pushes the price up with real demand.

[Velkro]

I think paying $1-$5 in fees is relatively acceptable, since bitcoin price is rising every single day.

You have look of a 1st world person. If you live in 2 world or 3-rd world, you look at things diffirent, for example this $1-$5 could be your month salary. So now this isn't looking usable for half of world population.

[lovesybitz]

It is only your thoughts and speculation that everyone here in this industry was a greedy person.
Not all bitcoin community are like that, because being like to earn big in bitcoin it just a normal thing
where we believe that it has a brighter future that it can give to us.

[Ucy]

Ended up paying high fee after four days of waiting, 24hr later still not confirmed. Heard that activating SW will solve this problem but what are they still waiting for. The whole thing is really surprising to me

[kpcian]

At the end of the day everyone is a greedy person more or less. If you think about the price of Bitcoin then, when it will be higher then we must be glad but if it falls then we don't​ be happy. So our satisfaction depends on our desire not deserve. That's is the human nature and we are not out of this.

[audaciousbeing]

I have been trying to deposit/withdraw fiat into different exchanges, and I found that most fees are absolutely ridiculous (7%-10%?!). With many options to deposit/withdraw fiat (and different fees), I think we are getting a bit greedy with Bitcoin.

According to Bitcoin price at the moment, depositing fiat worth of 1BTC ($2,053) requires fees ranging between $21-$205, while most of us want to transact that same 1BTC with something like $0.5 and getting rage over the delay!

I think paying $1-$5 in fees is relatively acceptable, since bitcoin price is rising every single day.

The fact that bitcoin price is rising everyday is a enough reason why the transaction fees should also increase but at the same time, we should not be unmindful that its is not only the fees that people are complaining about but the timing it takes for transaction to confirm aside that the issue of change in the transaction fees in a matter of seconds is another issue of concern.

[bamboylee]

I have been trying to deposit/withdraw fiat into different exchanges, and I found that most fees are absolutely ridiculous (7%-10%?!). With many options to deposit/withdraw fiat (and different fees), I think we are getting a bit greedy with Bitcoin.

According to Bitcoin price at the moment, depositing fiat worth of 1BTC ($2,053) requires fees ranging between $21-$205, while most of us want to transact that same 1BTC with something like $0.5 and getting rage over the delay!

I think paying $1-$5 in fees is relatively acceptable, since bitcoin price is rising every single day.

The fact that bitcoin price is rising everyday is a enough reason why the transaction fees should also increase but at the same time, we should not be unmindful that its is not only the fees that people are complaining about but the timing it takes for transaction to confirm aside that the issue of change in the transaction fees in a matter of seconds is another issue of concern.

It is okay if the fee is increasing only on it $ equivalent but the problem is sat/byte is the one bloating. And it will continue to bloat as long as no solution is voted by the miners. The solution is there, but it is not being elected maybe because of greed or other reasons and that is what is frustrating right now.

[Zicadis]

I think paying $1-$5 in fees is relatively acceptable, since bitcoin price is rising every single day.

You have look of a 1st world person. If you live in 2 world or 3-rd world, you look at things diffirent, for example this $1-$5 could be your month salary. So now this isn't looking usable for half of world population.

I have to agree with op here its acceptable to have fees around $1-$5 with the current bitcoin prices.. besides lets not put the value of the coins before

executing our transactions because we shall feel the pinch.But paying fees as high as $200 is ridiculous! Lets just hope things will change for the better

after segwit activation

[machinek20]

We are not greedy but we want the best coin that we can get, the coin with high price and low fee, because for the one that seldom used maybe its okay, but for the one that implemented bitcoin in business, it is going to impact a lot of things and the customer will think twice before using bitcoin

[CryptoBry]

Ended up paying high fee after four days of waiting, 24hr later still not confirmed. Heard that activating SW will solve this problem but what are they still waiting for. The whole thing is really surprising to me

It is not actually surprising...the main reason is that the whole Bitcoin community especially the miners are still not able to make up their minds as to what the solution should be. Now, there is also a dark reason for this: the current problem raised the fees and so miners want to stretch the problem so they can rake in more profits. Greed has taken the whole Bitcoin and we ordinary users are not pleased as we are the victims here.

[Kprawn]

We are not greedy but we want the best coin that we can get, the coin with high price and low fee, because for the one that seldom used maybe its okay, but for the one that implemented bitcoin in business, it is going to impact a lot of things and the customer will think twice before using bitcoin

You can have your bread buttered on both side, if the developers can just find a scaling solution that would satisfy the miners and the users. At

this moment, only the one side {the miners} are satisfied with the status quo. The miners are the greedy people in this scenario, because they

do not want Bitcoin to scale. The scaling will mean that they will no longer be able to get these high miner fees... 

[moriskarlov]

I think paying $1-$5 in fees is relatively acceptable, since bitcoin price is rising every single day.

Agreed, it`s a fair fee, no inflation, no banking white coats  who drink juices from working man. Now Bitcoin lacks only test of time for more trust and course stability.

[ivanluiso84]

It is a young market and abuse is committed. But the Competition will drive fee  prices down.

[TravelMug]

We are not greedy but we want the best coin that we can get, the coin with high price and low fee, because for the one that seldom used maybe its okay, but for the one that implemented bitcoin in business, it is going to impact a lot of things and the customer will think twice before using bitcoin

You can have your bread buttered on both side, if the developers can just find a scaling solution that would satisfy the miners and the users. At

this moment, only the one side {the miners} are satisfied with the status quo. The miners are the greedy people in this scenario, because they

do not want Bitcoin to scale. The scaling will mean that they will no longer be able to get these high miner fees... 

They know that they will make a lot of money so why come in a consensus to solved the rising transaction fees?  Oh the miners, and the one that is suffering in the casual bitcoin enthusiast because we are really paying them high fees so that our transaction can be included in the next block. So we are really in the hands of the miners now.

[btcdevil]

We are not greedy but we want the best coin that we can get, the coin with high price and low fee, because for the one that seldom used maybe its okay, but for the one that implemented bitcoin in business, it is going to impact a lot of things and the customer will think twice before using bitcoin

You can have your bread buttered on both side, if the developers can just find a scaling solution that would satisfy the miners and the users. At

this moment, only the one side {the miners} are satisfied with the status quo. The miners are the greedy people in this scenario, because they

do not want Bitcoin to scale. The scaling will mean that they will no longer be able to get these high miner fees... 

They know that they will make a lot of money so why come in a consensus to solved the rising transaction fees?  Oh the miners, and the one that is suffering in the casual bitcoin enthusiast because we are really paying them high fees so that our transaction can be included in the next block. So we are really in the hands of the miners now.

If we dont find the solution for this problem then i think very soon most of us will try to switch to other currency for trading and bitcoin will be used for investment purpose only like. Now i am changing my coins to eth and then i am selling them to fiat currency as the transaction fees is less and it is getting faster confirmation and the price is also i am getting high.

[poptok1]

We are not greedy but we want the best coin that we can get, the coin with high price and low fee, because for the one that seldom used maybe its okay, but for the one that implemented bitcoin in business, it is going to impact a lot of things and the customer will think twice before using bitcoin

This impact you are talking about, is most likely an impact on fiat wallet fatness
I bet all those early business bitcoin adopters are more than happy with their decisions of accepting BTC.
I retain myself from looking through my transactions from the past, where purchases worth xx in fiat are 3times bigger now it's just how it is. And how that seller feels when he checks his wallet?
As to customers having doubts with BTC... well, screw them One have to believe in something in life, some pick deity others choose crypto(why not both? that's a discussion for other thread)