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

[pocketfullofpoke]

It is inevitable that bitcoin's fee will increase eventually as its market price are also increasing all year long. Only those big transaction could not feel the high fee of crypto exchanges impose and the small transaction can feel it pretty well. If that continues, i think, more and more people or investors will lost interest of bitcoin that can cause an bitcoin to be stagnant or even drop gradually.

[jpespa]

If the fees increases, it will affect the whole bitcoin community but the most affected are the people who hold smaller quantities and the people who just started joining it. Instead of maximizing our profit, the increase in fees will slow down our progress.

[Kakmakr]

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!

As you said it, <Bold text> You came to this forum to shill for Ethereum and to bad mouth Bitcoin. Ehtereum has a world of problems at the moment, with node not syncing and also scaling problems that they cannot seem to solve.

I would much rather invest in Bitcoin with a clean roadmap for the future in the form of the Lightning Network, which is growing by the day now. Good luck with your bad investment choice, hope they are paying you well to "manipulate" people here. ^grrrrrrr^ 

[m1c0]

In my opinion lightning network will relieve pressure on transactions by a lot in future making fees at least 10x lower.
I am aware that 10x lower fees isn't enough (especially when price continues to increase, then a coffee might be 2000 satochis only), but its a step forward to open bitcoin to new users
and we will have some spare time to continue development for further improvements.

[Doell]

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

Fee does not rise You need to know actually regarding bitcoin fees can be set as you want ,either 10,000sats or 5000 sats bitcoin will remain like this with unstable prices and erratic fees and prices are now experiencing noise until early february like weather I think

[felipe04]

For me there's no need to question the fee here in crypto even it's high another thing this is for fast and sure transaction mostly good for someone that need to transfer in other country like if your family member work abroad,i think some person here don't really know if you do transaction all over the world that's why they problem it,Even we have fees like 10% to 15% in the money that we transfer here i will still use this to transact because here is more conveniece than others.

[mulukey]

In my opinion lightning network will relieve pressure on transactions by a lot in future making fees at least 10x lower.
I am aware that 10x lower fees isn't enough (especially when price continues to increase, then a coffee might be 2000 satochis only), but its a step forward to open bitcoin to new users
and we will have some spare time to continue development for further improvements.

Bitcoin still grows while transaction fees are very high. Transaction fees increase as bitcoin increases in price by the end of 2017, although large investors may accept bitcoin fees because of their large volume of investment for small investors or New to the market, the transaction fee of bitcoin is very large. I think that commercial sites should have a policy of supporting investors by lowering the transaction fee, which is how the commercial sites such as Binance and Kucoin are increasing the number of investors increasing in time by.

[Meysa_richa]

Bitcoin is really great the price always bounces away every month, but the higher the bitcoin price the higher the transaction cost is because transaction costs use bitcoin units, but it does not matter to me or maybe to the big bitcoin holders, but maybe it's hard for beginner.

[Vatimins]

It is inevitable that bitcoin's fee will increase eventually as its market price are also increasing all year long. Only those big transaction could not feel the high fee of crypto exchanges impose and the small transaction can feel it pretty well. If that continues, i think, more and more people or investors will lost interest of bitcoin that can cause an bitcoin to be stagnant or even drop gradually.

      You are absolutely right on point there mate. This is what is most likely to happen when fees skyrocket with the prices because it won't be useable anymore unlike what satoshi had imagined it to be. But if the promise of the lightning networks really does come to life and get implemented, then we can expect such a huge increase in price later on after the implementation. That is what i am pretty sure off.

[1BTC EQUALS 1CAR]

There will be a time that people will get tired of the outrageous fees of bitcoin and it will rise more in the future so I am sure that either IOTA or RAIBLOCKS will be the choice for mass adoption.

[imstillthebest]

There will be a time that people will get tired of the outrageous fees of bitcoin and it will rise more in the future so I am sure that either IOTA or RAIBLOCKS will be the choice for mass adoption.

no not all of them will be tired in bitcoin even if the fees were too high but as long as bitcoin is still profitable there were still people that are going for it and also most of them doesnt actually use bitcoin as a form of payment method rather they are just using it as an investment or for trading in order for them to earn a profit however some people that using bitcoin as a payment gateway are now slowly moving on to some other types of coins like the ones you mentioned above in order for them to avoid  high fees and slower procsessing time.

[Glydel1999]

The investors itself will burden in this expenses once it will increase resulting to a low demand which may leads to a lower market value in the market.

[Ewox]

I think in time the fees are going to rise everytime Bitcoins price will increase as well. It’s a matter of equality wherein they adjust the fees according to Bitcoins worth and it has been that way ever since Bitcins price soared high so I am already expecting in the future that fees will get higher even more as Bitcoins price rises even more too.

[hoodi]

If the fees will get increased, bitcoin will loose its essence. How is that different to pay high fees to banks or bitcoins? I think another player will step into the game, which will be able to offer something better and cheaper.

[fireblond]

Yeah first thing that usually comes to mind is new block higher mining difficulty... higher fees.. However the future of bitcoin doesn't involve higher increased fees in fact after lightning network is realized the fees will be even lower which would impact bitcoin in a positive way and steam and other sites that stopped accepting bitcoin due to its fees might reconsider. So I would encourage you all to read more about lightning network and segwit. Lastly I feel like after the end  of this year or at least alongside the release of lightning network the number of segwit transactions would double if not.. triple!

[Aikidoka]

My only problem is the increase of transaction fees. And if it continues to increase, many people will resort to dealing with another cryptocurrency with lower fees such as Ethereum. And to be very honest, that is likely what will happen in the future in case that problem is not solved.

As a matter of fact, everything gets valuable as the price increases once the demand on it grows. I am honestly starting to lose hope and if this does not stop, it will be better to replace bitcoin with another cryptocurrency.

[loof99]

 If all transaction fees goes up then it will lead to their company a serious problem. Having high transaction fees will not favourable to the investors so the demand from the bitcoin will goes up and will lead to a future loss.
I think instead of making it higher, they should provide a way on how to lessen the cost.

[zentdex]

The cost of bitcoin transactions can't go higher that the price, that is the first what i think. What I believe is that, if the cost did not swing by February, in all probability there are more individuals will favor other crypto like for instance the ETH. In the idea of Bubble, I think it won't happened on the grounds that the cost is steady. You could even notice today that the cost is moderate getting its progression downwards as the segwit address comes into use.

[jatin729]

If fee increase then bitcoin will use for huge amount transaction because poeple does not prefer higher fee for small transaction. It may affect bitcoin applications also. According to me There would be stable fee applicable for bitcoin transactions.

[yoseph]

If all transaction fees goes up then it will lead to their company a serious problem. Having high transaction fees will not favourable to the investors so the demand from the bitcoin will goes up and will lead to a future loss.
I think instead of making it higher, they should provide a way on how to lessen the cost.

By increasing the block size, they can effectively lessen the fees associated with the transactions. The future is really bleak when people are paying $50 to confirm a transaction.