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amirmass
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July 14, 2018, 03:39:52 PM |
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Transaction fees also increased in the fast increase of Bitcoin. It was not a problem for that time. But as the next period of continuous decline, these transaction fees became a problem. They are going to make an adjustment to that in the near future.
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Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
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blockdragon
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Activity: 189
Merit: 10
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July 14, 2018, 03:58:08 PM |
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obviously the high transaction fees were only with the price increase and have been reduced right now, but the question arises what will happen if the btc would be recognized as a world currency with a high value than if the fees would be too high we would not have any advantage towards banks.
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libratiz
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July 14, 2018, 04:29:27 PM |
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Due to the increase price of bitcoin value the transaction fees
or getting very high, I hope this issue can get solved by the bitcoin
online bank merchants.
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dartvaider
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July 14, 2018, 04:57:10 PM |
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I think if the fee is too expensive does not matter, if it accelerate the delivery transactions, and certainly in every exchange or wallet that is used often too long to process the transfer of funds, and i will exchanges
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kaisa
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July 14, 2018, 04:57:27 PM |
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What is happening?
will it change after adjustment since the transaction cost is being affected by the crazy price rise
I feel the same with you, but I have a small solution and I do that. First, I avoid withdrawing funds through exchange by building trustworthy communities to exchange bitcoins to fiat money. second, build your own exchange platform by way of bitcoin auction. third, using bitcoin transactions through lightning network. but if you only use as asset transfer, I suggest you use stellar or doge. |
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Kay94
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July 14, 2018, 04:59:58 PM |
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I think the fee was high due to the higher demand of btc as at that time. But for now the charges are ok due to the low demand but it might increase when the demand also increases.
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ir.yance
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July 14, 2018, 05:29:10 PM |
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What is happening?
will it change after adjustment since the transaction cost is being affected by the crazy price rise
yes the cost of bitcoin transactions more expensive because bitcoin prices more expensive. I still support if the cost is more expensive along with rising bitcoin prices and I hope if the bitcoin price decreases then the transaction cost is also cheaper. |
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maxti
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Merit: 10
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July 14, 2018, 05:35:22 PM |
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Monitor the average blockchain fee in the network. If your transfer is not time-sensitive, you can wait until the average fee amount drops.
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kingkongcorp
Jr. Member
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Activity: 131
Merit: 1
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July 14, 2018, 05:40:07 PM |
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Indeed, transaction costs are on the rise and if you want to withdraw or wihdraw you can use LITECOIN OR DOGECOIN in my opinion only that the transaction cost is very cheap for me
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Rosa Paula
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July 14, 2018, 06:43:31 PM |
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What is happening?
will it change after adjustment since the transaction cost is being affected by the crazy price rise
The ascent of the cost of exchange expenses in BTC was I think in light of the fact that about its expanding request, the surge of financial specialists was not expected by the makers of the blockchain. That is the reason right now we are encountering moderate affirmation winding up to higher expenses. |
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muhammedb
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July 14, 2018, 08:20:22 PM |
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What is happening?
will it change after adjustment since the transaction cost is being affected by the crazy price rise
Yes the bitcoin fee is too high and the even we the market price is low it seems not to be affecting the transaction fee, I think the best thing to do is to convert bitcoin to any other altcoin before transfering it to reduce the cost, my question is What about does that do use bitcoin as a miss of payment how do about it? |
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MMA
Legendary
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Activity: 1134
Merit: 1000
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July 14, 2018, 08:28:58 PM |
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What is happening?
will it change after adjustment since the transaction cost is being affected by the crazy price rise
if you think the cost of bitcoin is too high, better find a coin that is enough with the cost you have as now there are many coins that appear. but that does not mean you can choose origin because at this time many coins are scam I think it is not the solution to choose another coin for investment, to me i think it is the bad news for the bitcoin popularity because people do not like it to pay a high fee for transaction purpose only. |
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fipper
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Merit: 10
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July 14, 2018, 08:49:08 PM |
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What is happening?
will it change after adjustment since the transaction cost is being affected by the crazy price rise
indeed for the current very high transaction costs I think it has become commonplace in the investment system required only patience and confidence in this investment |
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lestariptr
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July 14, 2018, 08:51:35 PM |
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I think the transaction fee on bitcoin is fair enough. Indeed for some people this is too high. But somehow this is a fair cost. Just imagine the cost can be used for different countries. Does that seem fair enough? So do not think about transaction costs on bitcoin anymore. That's just my opinion.
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Raidal
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July 14, 2018, 09:13:23 PM |
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Indeed some time ago many people complained of transactions with bitcoin. This complaint is due to high transaction costs and long transaction time. Not to mention the frequent instability when hard fork occurs. But I've seen the current bitcoin effort that keeps improving. The bitcoin development team seeks to continually innovate bitcoin so that bitcoin is increasingly in demand. Not easy to create new innovations because competition in the world of crypto currency is very tight. Many crypto currencies are vying for public trust.
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alexs_03
Jr. Member
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Activity: 197
Merit: 1
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July 27, 2018, 08:56:46 PM |
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What i know it's because the priced of bitcoin. But i reading your posts and other blog bitcoin transaction fee is too high. And, i hope in the future all exchange and wallet can speed up all the process of sending funds in any case
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hongxh
Newbie
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July 29, 2018, 05:22:23 AM |
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Some coins like Neo don't have transition fee. It is free.
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Opera1p
Newbie
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Activity: 67
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July 29, 2018, 06:02:10 AM |
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Due to its position among the crypto,its transaction fee is too high... But I will advise people to covert it to ETH, the transaction fee is quite to its normal transaction
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jakezyrus00
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July 29, 2018, 06:08:49 AM |
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Yeah btc transaction cost is quite too high and all of us already knows it but we cannot to anything about it. It is just understood by the users because it is part of the reason why bitcoin value is still high and continuously increasing.
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juperos
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Activity: 459
Merit: 10
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July 29, 2018, 06:24:20 AM |
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What is happening?
will it change after adjustment since the transaction cost is being affected by the crazy price rise
I think Bitcoin is suffering a deficit in investing or expanding its business so they need to increase their transaction fees to make more money. I think it will only increase in a short time and everything will return to normal. There are still a lot of transactions happening in a day and there are almost $ 4 billion in daily transactions. |
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