The cost of Bitcoin transactions has decreased to 1 dollar, can this be long-term?Over the past few days, Bitcoin's transaction fees have dropped to about 1 US dollars for median-size payments, although the Bitcoin-membrane size remains relatively high and was more than 120 million bytes.
Fee for 1 US Dollar
Widely used Bitcoin-wallets platforms, such as Blockchain, recommend a fee of 55 satosh for one byte, which is about 1 dollar for median-sized transactions. Earlier just a month ago, Bitcoin transactions increased to 30 US dollars for median-size transactions, especially on platforms and stock exchanges without delimiters (SegWit). Further implementation of SegWit can further reduce transaction charges by 35 percent. As explained by Ledger, a manufacturer of crypto currency hardware wallets, if leading companies such as Coinbase and Blockchain integrate SegWit, transactional fees for conventional bitcoins can fall below $ 1
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