What do you think about the future of BTC when fees increase?

[flower1024]

well i'm not happy o see these huge fees on bitcoin. I don't know how was some years ago , but man right now to send 2$ you need to pay an extra 20$ or something near so no thanks , I'm not gonna use bitcoin for a while. I think this the moment when panic will hit the markets.

You are right the transaction fee went to peaks, you want to withdraw $100 of BTC you need to pay $50 fee. This will make new investors do not invest in this bitcoin. Now what happened means suppose if we need money and we have bitcoin also no use we can't withdraw our BTC suppose if you withdraw it's a big loss for you. Don't know when this issue will solve.

[1715621472]

1715621472

[bering]

both of this is possible for next year but i don't know what happen to bitcoin if the fees issue will happened for long term because probably people will find other way to decrease transactions fees as instead of bitcoin and use other coin such as ETH will be very possible even some people predict ETH price will goin to the moon for next several years

[teejaymuna]

Bitcoin will always find a way to survive. That I am sure of. However, if the fees increase, it could make people to consider other options and that might not be good for business.

[btc or eth]

both of this is possible for next year but i don't know what happen to bitcoin if the fees issue will happened for long term because probably people will find other way to decrease transactions fees as instead of bitcoin and use other coin such as ETH will be very possible even some people predict ETH price will goin to the moon for next several years

Currently, I find it easier to manipulate eth. Most new coins are using this as a basis for building their money! ETH may be a better choice for the future, with the same wallet but may contain more than one type of altcoin!

[btc or eth]

Over 300,000 delayed transactions also reflect the future of BTC!

[malvinlee]

I think everything is ok eventhough we have to pay fees but we still have big money from bitcoin

[chanleilei]

I think BTC will still be king...just less transactions will be made with this?

[btc or eth]

Ethereum has exceeded 1000$, this may be a good sign for the currency market!
 

[rizkyhiw]

Prices are not stable, BTC will burst bubble or  fly the moon?

No one wants bitcoin like bubbles and explodes. From year to year BTC will continue to crawl up as you say up to the moon.
But we will find small stones and big rocks on the way to the moon. But all that will be passed without any problems. Is a natural thing if the transaction becomes expensive, because all follow the price soaring.
So do not be surprised if the transaction becomes expensive, but all of this will be resolved in the next few years.

[Ozero]

Now not only has the size of commission fees for bitcoin transactions increased, but its slowness has also increased, resulting in hundreds of thousands of transactions constantly hanging. Because of this popularity of bitcoin is falling, people prefer to invest in altcoyines than in bitcoin. If such a situation continues on, it is possible that bitcoin will lose its leadership positions and its price will begin to fall after a certain time.

[btc or eth]

In my opinion, Bitcoin has achieved today's success, perhaps it is the first virtual currency and its name is very famous, like a brand. However its technology and platform is probably too. . . . . old with new coins now. The result is........?

[eaLiTy]

You are right the transaction fee went to peaks, you want to withdraw $100 of BTC you need to pay $50 fee. This will make new investors do not invest in this bitcoin. Now what happened means suppose if we need money and we have bitcoin also no use we can't withdraw our BTC suppose if you withdraw it's a big loss for you. Don't know when this issue will solve.

With the kind of transaction fees it has at the moment,you cannot send micro transactions as it will be a huge loss but when it comes to big transaction the fees are still the same and i really hope that the network will be back to normal once the lightening network is activated and i am not sure how much time we have to wait till that is implemented,hoping for the best this year.

[Btcjunpitz18]

I think the future of BTC when fees increase is that it will go down its value because people will not use BTC for that reason. If there are regulations that BTC implements if how many fees you would pay maybe BTC will remain its value or even higher.

[zentdex]

To be straightforward I can't foresee the cost to go up in a moment once more. Because of the past posting in real Trading organization like CME and so forth, the cost of bitcoin stick around $16k. What I believe is that, if the cost did not swing by February, in all probability there are more individuals will preferer other crypto like for instance the ETH. Some even attempt to have a change at XMP, however it immediately Rippled. In the idea of Bubble, I think it won't happed on the grounds that the cost is steady.

[Prk_7]

There are many ways around fees to be lower and this will be the case even after the fees increases over couple of years. Fees surely won't be the factor for decline in this cryptocurrency. In today's transactions lower transaction is really a price of headache because of higher transaction fees. There will be some ways to go around it because Bitcoin is the most famous cryptocurrency and many people use it so it is obvious that everyone would not be able to afford huge amount and some might deal in some small numbers.

[markleal]

Prices are not stable, BTC will burst bubble or  fly the moon?

Hi there btc or eth! Due to the previous listing in major exchange, the price of bitcoin can't go further high. What I think is that, if the price did not swing by February, most likely there are more people will preferer other crypto like for example the ETH. In the notion of Bubble, I think it is not going to happed because the price is stable. You could even notice today that the price is slow getting its step upwards after it reaches the $9k bottom line. That is why most of the people are preferring segwit address to lessen those fee, just wait for a while and soon you will see.

[itsmeram]

Prices are not stable, BTC will burst bubble or  fly the moon?

There isn't going to be a future for bitcoin if that really happens, just consider it as a lost case.

But yes, if they get lowered (just like it is happening right now) everything will keep going just by the same way as it is now. But the LN is going to get implemented soon.

[cpfreeplz]

The fees are only going down because of segwit and lightning network. It's just too bad so many wallets do t support segwit yet, when it's apparently easy to implement and people that have done it are seeing a huge benefit. People don't like change and once they learn something new they don't want to relearn it. That's the biggest hurtle to overcome.

 Now on to the lightning network learning curve for everyone!!

[erickkyut]

If the transaction fees of Bitcoin will keep on increasing the same its value increases, I'm afraid it will be the end for Bitcoin. Good thing is that they now found a solution for this problem. They've created a lightning network wherein the transaction fees will be lower.

[BitChief]

If the transaction fees of Bitcoin will keep on increasing the same its value increases, I'm afraid it will be the end for Bitcoin. Good thing is that they now found a solution for this problem. They've created a lightning network wherein the transaction fees will be lower.

I agree, lightning charges the game for bitcoin. Problems around transaction fees and times will be solved. I find it really hard to see any future for Bcash once lightning is widely adopted