Bitcoin transaction fees..

[Prem.Soorajpaul]

True friends, bitcoin exchanges are not showing any interest to reduce the transaction fee. We all should come together and do a humble request to reduce the bitcoin transaction charges. That might help to wake up them.

[orkoso]

True friends, bitcoin exchanges are not showing any interest to reduce the transaction fee. We all should come together and do a humble request to reduce the bitcoin transaction charges. That might help to wake up them.

I think that a request is probably not enough. I am not against bitcoin, as I have some, but I am going to stop using it as a vehicle for moving money from one place to another frankly. It no longer makes sense.

[1NV3ST0NM3]

Hi, Do you think is tehre any interest to reduce the transaction fees for bitcoin? Many alts are focusing on speed and low fees while bitcoin has made little effort.

Bitcoin is still prevailing because people had made it survive people who are from the team of core developers. Infact today itself the fees of bitcoin has fallen upto great extent I have myself made a transaction with a fees of merely 6 sats/byte without segwit. I think with introduction of segwit and the protocol implementation of lightning network fees can be neared out to even .5 sats in future. Which will be too big of an achievement for bitcoin. The only problem we are facing is the fees only.

[yubsep]

Hi, Do you think is tehre any interest to reduce the transaction fees for bitcoin? Many alts are focusing on speed and low fees while bitcoin has made little effort.

Segwit adoption reduces the fees! Look at this article https://news.bitcoin.com/bitcoin-fees-are-falling-amidst-greater-segwit-adoption

[Granxis]

Yes, that's the one issue that bothers me about BTC. I admire other cryptos trying to reduce fees and I think it should be like that: Available and cheap. 

Etherum gains value against Bitcoin, Etherum's lower transfer fees have reduced the interest on Bitcoin. Also people are constantly interested in cheap and fast technologies.

[legenduim]

Hi, Do you think is tehre any interest to reduce the transaction fees for bitcoin? Many alts are focusing on speed and low fees while bitcoin has made little effort.

The lightning network will come soon and the speed of the transactions will rise and the fees will be low.
Its just a matter of time.

I have been hearing this for quite some time now (around three months?). I have lost my confidence in the core team. First, they went back on the NYA and sabotaged the SegWit2X implementation. And then they delayed the implementation of the lightning network. The fee remains extremely high, and as a result Bitcoin is losing its market dominance.

Naturally, the fees for Bitcoin transactions should be reduced. It goes without saying. Exchanges do not do it, but I hope that cryptobanks will solve this problem, and BTC operations will be cheaper.

[coolcharacter]

The fees are not great but like a previous poster said, BTC are trying to reduce the transaction fees through segwit, etc. I think in the next few months the fees will drastically reduce however some other lesser known coins are in the forefront of low transaction fees right now.

[Naveenrandy619]

Hello guys anyone tell me that what is the amount to be paid to withdraw our bitcoin from our wallet??

[fiulpro]

Well the fee depends upon the rate of Bitcoins thus one cannot expect the fee to go down suddenly because the profit that we make us equivalent to the profit others are making through the Bitcoins when it's price hits high.

Thus we generally think that our profit should have the prime importance.

I do think that it's a little unfair to force them to reduce the fee when that's dependent upon the price of Bitcoins itself.

[omerL]

Hi, Do you think is tehre any interest to reduce the transaction fees for bitcoin? Many alts are focusing on speed and low fees while bitcoin has made little effort.

I think in the end the transaction will be faster and the fees will be lower.
The Bitcoin start this all cryptocurrency so he have kind of "old technology" but I believe they will change it soon.

[MisterPrada]

just stop worrying about it, and it goes away. Is not important Relax. LN is almost ready

[khaled0111]

All Bitcoin users want lower fees.
Lower fees guarantees the continuity of the cryptocurrency and makes it more competitive.
You are wrong because many solutions exist that can reduce fees such as SegWit and Lightning Network but it is up to users to implement them.

[MikesLeo]

Bitcoin transaction fees may really put us in a sigh sometimes but I much prefer it is good to pay the transaction fees by choosing a genuine platform like block chain because it is very rich platform to be safe from hackers.

[BTCbengi]

I think raising fees will help miners make your trading faster and safer. I do not see any Altcoin trading as fast and a little fee, simply because its value is too small so the transaction fee does not become too high. However, Bitcoin is different, its value is too high and we have to pay more fees for miners to do the work.

[layoutph]

I heard theres a cool way to reduce Bitcoin transaction fees by moving your BTC coins from a Bitcoin Segwit address. Infact theres a proven testimonial from one of Bitcointalk.org old time user. He transferred a huge Bitcoin account from a segwit address and pays only $1 usd worth of mining fee.

Hi, Do you think is tehre any interest to reduce the transaction fees for bitcoin? Many alts are focusing on speed and low fees while bitcoin has made little effort.

[nightfury]

Hi, Do you think is tehre any interest to reduce the transaction fees for bitcoin? Many alts are focusing on speed and low fees while bitcoin has made little effort.

It's true that many alts are focusing on speed and low fees contrary to bitcoin's high fee transaction. It's not that bitcoin has made little effort because i have read about Bitcoin Lightning Network that allow users to have almost free of charge transaction.

[shezu007]

We all known that bitcoin is tax free coin and due to which people are investing here more. While there is a negotiable transaction fee on transacting bitcoin because if you compare transaction fee of bitcoin with other places then it is negligible other places like bank are getting very high taxes even on small transaction while now a days bitcoin transaction fee is 0.2-0.8$ which is too low.