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Author Topic: What do you think about the future of BTC when fees increase?  (Read 616 times)
websoftwareengineer
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March 05, 2018, 05:26:12 PM
 #81

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.

I agree on that, if fees of every exchanger will keep on increasing then people will look for cheaper ones and the company who is running the current exchanger will just lose their profit because they are getting too much coins from other people.

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March 11, 2018, 07:35:26 PM
 #82

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.
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ALI AKBAR
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March 17, 2018, 05:14:50 PM
 #83

I think Bitcoin transaction fees will be gradually high. Bitcoin demand is expected to be a huge change. Many people will be interested to invest in bitcoin. Bitcoin will be used all over the world. When the price of Bitcoin increases, the country's economic development will be.
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March 18, 2018, 01:51:58 PM
 #84

I think the issue of high fees is a set back when it comes to accepting bitcoin as a currency to be used in daily buying and selling. If there is a way to make sure that the prices don't go so high when demand goes high then it will be good.
brickafterbrickwalldpt
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March 18, 2018, 02:15:01 PM
 #85

I think Bitcoin transaction fees will be gradually high. Bitcoin demand is expected to be a huge change. Many people will be interested to invest in bitcoin. Bitcoin will be used all over the world. When the price of Bitcoin increases, the country's economic development will be.

As we can see now, it's not true. Even though Bitcoin popularity surged, Bitcoin fees are extremely low thanks to SegWit. I heard that Lightning Network client for mainnet has been just released so it will definitely help Bitcoin to become more popular among users who want fast, cheap and reliable payments across the Internet. I think that Bitcoin fees will be still low, they should stay at this level for a long time.

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March 19, 2018, 04:15:58 PM
 #86

After government resistance,  fees are the most dangerous thing for bitcoins. I mean you have to pay high fee for small transactions. Its not good people can lose their usage with bitcoin. But some wallets offers you custom fee also but that does not matter much . You can manage the fee but there limit, You can't pay 0.01$ for big transactions and then there is more waiting time for confirmations. If bitcoin solves this slow tx confirmation and high fee issue, it will really move much faster in popularity.

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March 30, 2018, 07:14:30 AM
 #87

Fees only increase when the volume of bitcoin transactions increase which means by then the value of bitcoin has gone up. they really need to figure out a way for the fees not to be so high when transaction volume increases and also transaction times needs to be faster no matter the amount of transactions going through or else bitcoin could never work as an everyday currency.



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neerajmittaljii
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March 30, 2018, 07:26:15 AM
 #88

I see this is still the end of the year, so prices are unstable, and this is normal.many people think that this is just a bubble. even some go left bitcoin. but if they want a little patience. then bitcoin will give them a big advantage.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.
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March 30, 2018, 08:51:44 AM
 #89

If fees are increasing then that means transaction volumes are increasing which in turn means bitcoin value is increasing, I think bitcoin will be just fine.
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April 05, 2018, 01:37:53 PM
 #90

Fees were below $0.01 for most of Bitcoins life but the greedy miners put fees up to $55 and word got out so
joe public ran away and won't be coming even if the fees go back down to below being a cent.

Holding a knife to peoples throats tends to leave a lasting impression, sorry boys but the party is over so stop
dreaming.

Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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April 14, 2018, 01:55:27 PM
 #91

MTC is dev less, there is no need for miners.  marineco.in It is a time tested network.When it comes to commerce you want fast, accuracy and security against hackers.It is  community backed. Marinecoin is building a community of over twenty thousand 20000 people who initially show proof of promotion.  Marinecoin cryptocurrency will distribute ninety five percent 98% of nine billion seven hundred thousand coins self sustaining to the easrly qualifying people who meet the qualifications of promoting the coin in social media.Marinecoins block chain is 500% faster that Bitcoin. It it very secure.
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April 14, 2018, 02:04:43 PM
 #92

Prices are not stable, BTC will burst bubble or  fly the moon? Grin Grin Huh
I think the price of bitcoin will increase in the future but it will not exceed 20k $.
Because some investors know Bitcoin is a king, its technology is considered obsolete compared to other altcoins. And they are not fixed because it is not run by anyone. I think in the future there will be some altcoin that can take the King of Bitcoin. Typical examples are Ethereum or NEO. Do you have any comments on my opinion? please let me know.

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April 17, 2018, 01:10:30 PM
 #93

Prices are not stable, BTC will burst bubble or  fly the moon? Grin Grin Huh
Some people thinks that BTC is a bubble and it will burst soon because they are much offended with that fluctuation in the valuation of BTC, they are not stable and I guess there is nothing to get offended because it's not the volatility because of which the valuation fluctuates, it's because of numbers of people investing into BTC and the big whales that regulates the market, BTC has a very bright future ahead, so one need not to worry and should invest into BTC.
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April 20, 2018, 12:19:20 PM
 #94

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April 20, 2018, 12:54:24 PM
 #95

I think bitcoin's current transaction fee is quite high. And the daily transaction amount of the trading floors has been quite large. So if I continue to increase fees, I think that this market is difficult to develop.
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