How to do micro payments with bitcoin?

[jona]

The transactions charges is becoming too heavy that i think it is violating the concept of bitcoin,cause i could remember back than transactions were micro payment but this year is like hell,i don,t think micro payment do exist any longer.Because i have done any micro transaction this year.

[Betwrong]

Right now you can pay as low as 3 sats per byte, which corresponds to around $0.07 for transaction of the median size, and your transaction will be confirmed within an hour. So it's possible to do micro payments with Bitcoin these days. I suggest you to always check this site https://bitcoinfees.earn.com/ before making any transaction and set your fees accordingly.

Btw many regular people who were following the news about Bitcoin some time ago still think that tx fees are around $20 or higher. I think we should spread the good news. )

[binting]

How to do micro payments with bitcoin? The transactions need to be verified on the blockchain, but need to minimize the fees.

Well micropayments still there because they continued used technology like gadgets so that its currentlyfaces like spamming.some of service is free constantly attacked spam, wpwe could use of micropayments

[Oregano012]

if you got LTC or an ETH payment option go for it , BTC transaction from exchange cost 6$ each ATM and take about 20minutes to couple hour

[xraisers]

BTC value is very high so you want to pay small amounts, then I should switch to a smaller value as ETH will be easier to pay but lose less transaction fees. I usually do not trade small amounts of BTC because when trading small amounts that many times will cost me much transaction.

[RGBKey]

I've been playing around with the mainnet lightning network a lot recently. I've been paying 1 satoshi in fees for almost every transaction. Note: That's not 1 satoshi per byte, that's 1 satoshi full stop..

The lightning network is specifically geared towards micropayments, with the ability to add another 4 decimal places to Bitcoin. Try downloading the Eclair mobile wallet and go make some payments at https://mainnet.yalls.org

[chibimanau]

Currently high fees, and long transaction is still a major barrier to Bitcoin development. I think lowering the payment costs, will promote Bitcoin in the future. With a small payment, choose another coin to pay if possible.

[Thanasis]

Currently high fees, and long transaction is still a major barrier to Bitcoin development. I think lowering the payment costs, will promote Bitcoin in the future. With a small payment, choose another coin to pay if possible.

I don't think the transaction fee is high now,because even I made a transaction of 0.1BTC but the fee is about 0.00001BTC which is very very low for that amount of bitcoin so the micro payments are possible now and the transaction time also wuite faster it will take only about 15Mins for three confirmation transactions.So here we go we can use bitcoin even for tiny transactions too.

[CryptoCoin8487]

I think micro payments almost imposible to do in bitcoin now that the fee is too expensive if you send a micro payments or a small amount of bitcoin you have to pay the fee is more higher than the fund that you are sending to your friends your just only lossing your money.

[renbucs]

In the mean time micro payments are impossible due to high transaction fee situation caused due to network congestion. However, Lightning Network would be the solution, we just need to wait when it happened.

[RGBKey]

In the mean time micro payments are impossible due to high transaction fee situation caused due to network congestion. However, Lightning Network would be the solution, we just need to wait when it happened.

Plenty of people are using the lightning network on the mainnet right now. Nothing is stopping you from joining them.