high bitcoin fee!!

[Sponsoredby15]

when will the bitcoin fee be reduced or moderated?
i mean that even if the bitcoin value rises or falls the fee is constant in bitcoin ,unlike in ethereum where the fee is fixed not in eth but a particular USD value.
when will this improvisation take place in bitcoin?

Bitcoin fee is already been reduce after the implementation of lighting upgrade. Ethereum fee is not fix, it just happened that last year, Ethereum network is not yet congested but today the fee in Ethereum is also high compared before.

[revive7up]

Unlike conventional traditional charging methods. Bitcoin fees don't depend on the amount you send. Instead of having to pay for every bitcoin you send, you only pay for the amount of data in each of your transaction blocks and they are measured by the "satoshis / byte data".

[crossabdd]

I think bitcoin will not change the transaction fee, because of the difficulty of bitcoin mining. if it has to change, I think it will make the fee go up. why other coins are so cheap, because the price is also cheap. if the altcoin price is higher than bitcoin, it will also be expensive. and there are still other ways to make cheap fee shipping, namely using altcoin.

[lutfi-hasan]

For now, I think the bitcoin fee is standard and I can say it's very cheap, you can imagine that you sent 1 bitcoin for $ 6452 for the current rate, with a shipping fee of only 0.0005 sat that is very cheap bitcoin fee. And maybe for the future the price of bitcoin will be more expensive, and I think that will cause the fee to increase.

[giantrobot]

The disadvantage of Bitcoin is the high transaction costs. That's why I used the ETH wallet to trade. Bitcoin transaction fees are, of course, more expensive than other electronic transactions, and Bitcoin deals are quicker and safer than other electronic money transactions.

[beami]

Since the value of bitcoin is high, it is not surprising that the cost is also high, besides that the holder must have more and can easily transact.

[shadowdio]

Yep bitcoin fee so high I think most of exchanges set 0.001 btc fee and only few exchanges that set 0.0005 btc fee even they set low still high for me, you should use other altcoins if you don't like bitcoin to transfer your money.

[sublime5447]

I think it's fair if the bitcoin transaction cost is expensive caused by high bitcoin’s price than the altcoin, if you think it's too expensive for you maybe you can try to do transactions using altcoins that the transaction costs are lower because their prices are cheaper than bitcoin.

[SventraPapere]

The Commission on bitcoin is not so great to raise this issue now.There are more serious problems.Better think about what you need to do to the price rose again.Such messages only add fuel to the fire.Support Bitcoin.I do not think that you are exchanging so large amounts to respond to the price of the exchanger.

[Yusuf77]

I think it's fair if the bitcoin transaction cost is expensive caused by high bitcoin’s price than the altcoin, if you think it's too expensive for you maybe you can try to do transactions using altcoins that the transaction costs are lower because their prices are cheaper than bitcoin.

yes you are right, of course if we want to buy a coin that has a high price we also have to issue a high transaction fee. if anyone complains about high bitcoin costs I think it's ridiculous, if the costs have been complained then why are we still buying bitcoin because it costs a lot. costs will be replaced with our selling price later if we get a lot of profit.

[boyptc]

The time when OP posted this, the price is on all time high and the fees were high too. ETH can't be compared to bitcoin, there's also a time when the fee's were too high and its network were congested so there's no exception.

And by that time, bitcoin's network was being spammed so that caused the fee to increase.

[feather7789]

if yo felt btc has high fee better to go fo altcoins it will also helps you investing small amount on crypto.

[Temik2704]

A great amount of people want BTC`s price to become 20k$ and more. But it means that transactions fee will be 40$+. And if you want fast transaction, you should increase fee for this action.
If BTC = 100k$ , fee = ~200$. Crazy

[rudox]

Bitcoin fees are coming down now compare to a year ago. I think it is because of the price of the coin. The fees must be  right to support mining of bitcoin and also to make sure that the transaction is completed. The process is highly technical and adequate fee must be set to take care of the system of payment. Those arguing that bitcoin fees are high they can try using Ether the fees are still almost same as that of bitcoin. But bitcoin remains the leading crypto so do not mind the fees.

[Naughty Princess]

I think bitcoin will not change the transaction fee, because of the difficulty of bitcoin mining. if it has to change, I think it will make the fee go up. why other coins are so cheap, because the price is also cheap. if the altcoin price is higher than bitcoin, it will also be expensive. and there are still other ways to make cheap fee shipping, namely using altcoin.

Transaction fee is fixed on any amount you transact but the price is depend on how much it has on the market. The fee is lower when the price of bitcoin lower and vise versa. Some fees depends on you but much higher makes your transaction process faster than the minimum amount required to pay. But bitcoin that has transaction fee today is not good.

[cybernetik7]

We have to accept that it is a big problem must be solved. Paying a constant fee regardless of its amount of transaction or price of bitcoin is not fair. The main idea of bitcoin make people free of banks by reducing fees of transactions and payments. But we don't see it in real life even though compared with banks' fees. These fees must be reduced to a reasonable amount.

[Coroline]

when will the bitcoin fee be reduced or moderated?
i mean that even if the bitcoin value rises or falls the fee is constant in bitcoin ,unlike in ethereum where the fee is fixed not in eth but a particular USD value.
when will this improvisation take place in bitcoin?

yes it's one of the problems people think back to sending using btc, people prefer to exchange it for another coin to get a cheaper transaction fee

[irsykes]

I think bitcoin will not change the transaction fee, because of the difficulty of bitcoin mining. if it has to change, I think it will make the fee go up. why other coins are so cheap, because the price is also cheap. if the altcoin price is higher than bitcoin, it will also be expensive. and there are still other ways to make cheap fee shipping, namely using altcoin.

Transaction fee is fixed on any amount you transact but the price is depend on how much it has on the market. The fee is lower when the price of bitcoin lower and vise versa. Some fees depends on you but much higher makes your transaction process faster than the minimum amount required to pay. But bitcoin that has transaction fee today is not good.

If use exchanger we get fixed fee that must be used to withdraw some amount of money, maybe that is what people complained about. When they increased fee, people forced to use fee that fixed by exchanger, but when price increased, they not decrease it. But we must see some problem from 2 side.

[sheamus10]

in my opinion the bitcoin fee will still be expensive because at this time for the price of bitcoin can still be categorized as expensive. so the bitcoin fee will follow the trend of bitcoin prices.

[christofyler]

I think there Is nothing that can be done concerning that bitcoin fee price can't be change because that how they create the system. The design programme for Ethereum is different from bitcoin that why they don't have the same fee.