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Topic: Bitcoin fees (Read 1002 times)
kloinko1n
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Merit: 100
Re: Bitcoin fees
April 24, 2018, 06:48:01 AM
#81
Never. Only if a huge number of miners starts to go away from bitcoin mining then the block complexity will decrease
ulhaq
Sr. Member
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Merit: 286
Re: Bitcoin fees
April 24, 2018, 06:48:42 AM
#82
I had not followed fees in a while and was surprised that the fees are so low now, around 15 cents, compared to $30 in December. How long are these low fees going to last? What will they go up to after the volume increases, given segwit they should not go as high as before?
mulukey
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Re: Bitcoin fees
April 24, 2018, 08:20:20 AM
#83
I do not think the bitcoin fee is a concern for us because the bitcoin transaction fee is extremely low. It is lower than the transaction fees of traditional banks to date. Thus, bitcoin stimulates the participation of investors in the cryptocurrency market.
sergeykravcov177
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Re: Bitcoin fees
April 24, 2018, 02:11:52 PM
#84
Bitcoin as a method of calculation in is poorly distributed. The bulk of the places where you can spend koin - Internet resources, which, moreover, foreign. This is due to the fact that in Europe it is accepted almost everywhere. And where it is possible to pay bitkoinami in Russia?
The list of such places will be huge, but the payment of bitcoin has not yet spread so that they could pay in all spheres of life. In this regard, it will be much easier to spend crypto currency on the Web.
This process is simplified by special services that exchange bitcoins for another crypto currency or dollars. Bitcoin is considered the most common digital currency, which can be used on inter-resources, where you can not pay the usual money.
angelakrasnova
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Re: Bitcoin fees
April 24, 2018, 02:16:35 PM
#85
In this case, a third party appears. Processors convert the resulting crypt into a fiat. Processing companies reduce sellers to sources of money, it's like a currency exchange service. It works like this: the customer comes to the store and pays for the goods with bitcoins. The processing company takes these bitcoins, sells them on the exchange and receives dollars. The received Fiat company transfers the store. For the whole process, the processing company pays a reward. Approximately 1%.
TricksterX
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Re: Bitcoin fees
April 24, 2018, 02:18:25 PM
#86
the answer is Miner
BHX91
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⇾
Re: Bitcoin fees
April 24, 2018, 02:37:29 PM
#87
Currently in bitcoin trading transactions are very high, the Bitcoin transaction fee method is not the same with traditional financial institutions, the Bitcoin transaction fee does NOT depend on the amount of money you send. At present, a major problem that wallet developers are facing is the creation of an algorithm to calculate the appropriate cost. Hopefully in the near future the transaction fee will decrease.
yj300316
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The P2P Marketplace For Digital Content
Re: Bitcoin fees
April 24, 2018, 03:55:30 PM
#88
Quote from: SKEEMER on December 12, 2017, 04:23:01 PM
Bitcoin network fee is at like $34 right now.
When will they go back down?
i think i know the reason why bitcoin fee valued as such amount.
it was because the bitcoin and crypto price very high at the time you write this thread.
but for now, bitcoin price is back to more normal price. the fee is decreased too.
W E M A R K ❱ ❱❱ https://www.wemark.com/
Blockchain-based marketplace for digital content
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