Transaction price Bitcoin

[PIMPdev]

indeed was low I used to pay a few dollars for this transaction

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[WoopDeBoop]

now we won't see this low commission it is impossible

[blckhawk]

Today I was amazed at how low the commission was when transferring 0.07 bitcoins. Only 192 sat !!! The transfer took about 10-20 seconds. It's very, very cool. About $ 650 for $ 0.017 - this is something! Bitcoin is the future!

Well, that's great. But perhaps you are using a wallet and exchange that uses a lightning network that is why it has got low transactional fees yet even transfer faster. You should take this opportunity to process your transaction that could save you a lot of fees. Fees were not that high honestly, it might increase due to heavy traffics on transactions for a while but sooner or later this will go back at a cheap price again. Lightning networks are more likely the solutions for high fees and low speed that is why it is recommended to use when there's heavy traffic on the network.

[MCobian]

When this topic was created in 2018, Bitcoin was being dumped at $ 8000. So it's only natural to have low transaction costs, and the transaction
speed was also very fast at that time. But things are very different now, the price of Bitcoin has managed to rise above $ 40k. Although it is
currently undergoing a correction to the price of $ 34k. With the already high Bitcoin price, transaction fees are much more expensive, and
transaction speeds are also getting longer, taking several hours for the transaction to be successful. This happens because Bitcoin users have
increased dramatically, hopefully in the future a solution can be found. So that Bitcoin transaction fees are cheap and fast again.

[bryant.coleman]

When this topic was created in 2018, Bitcoin was being dumped at $ 8000. So it's only natural to have low transaction costs, and the transaction
speed was also very fast at that time. But things are very different now, the price of Bitcoin has managed to rise above $ 40k. Although it is
currently undergoing a correction to the price of $ 34k. With the already high Bitcoin price, transaction fees are much more expensive, and
transaction speeds are also getting longer, taking several hours for the transaction to be successful. This happens because Bitcoin users have
increased dramatically, hopefully in the future a solution can be found. So that Bitcoin transaction fees are cheap and fast again.

Transaction speed also depends on the blocks being mined. If a new block is mined within 30 seconds of your transaction, then your transaction may get confirmed within that much time. But a few days back, I had to wait for more than 1 hour (despite putting a very high transaction fee), because no block were being mined during this period. And those who put lower transaction fee had to wait for a long time, because a lot of transactions were in queue by the time the next block was mined.

[WoopDeBoop]

sure the price of btc fell and commission fell also

[mich]

At this point in my Bitcoin journey I am happy if i can just send a transaction paying a few dollars. 

The days of paying a few cents are long gone I believe.  Unless we take a maker hit in the price which is doubtful at this point since I see a price rebound ever since the recently 29k price earlier today.

[WoopDeBoop]

with eos transactions are free that's what I've learnt last few days