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Author Topic: Transaction price Bitcoin  (Read 2366 times)
Hira1995
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October 04, 2018, 01:24:50 PM
 #161

Its really a good news for everyone.I hope future transactions will be much easier.
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Lukiti Janete
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October 05, 2018, 03:49:37 PM
 #162

It's perfect!  I hope  that in the future transaction Bitcoin speed can be faster more than now. Of course, when the transaction speed runs faster, the price of transaction will be go down. If that, I can sure that  Bitcoin is the best cryptocurrency in the market.
Stephanie Fernandes
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October 05, 2018, 03:52:05 PM
 #163

Although I have heard this news before, I still see that this is encouragement for investors. Once the transaction speed is faster and faster, people will feel comfortable when using Bitcoin. That certainly make Bitcoin market develop quickly in the future. Specially, now there is no altcoin which can replace Bitcoin in the cryptocurrency market.
Mhd-Bobbi
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October 05, 2018, 04:02:47 PM
 #164

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!

Of course a very fast time, but that does not mean that bitcoin is the future.
This bitcoin will continue to grow and will be famous throughout the country.
Transactions are fast because currently there are not many who make transactions, but if many of them make transactions, of course it will take up to 1 hour
feather7789
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October 13, 2018, 10:59:37 AM
 #165

there is very less price for bitcoin transaction process, and is very fast compared to banking ledger, because it is working on blockchain technology.
Sultanar484
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October 13, 2018, 01:06:47 PM
 #166

Yes, you are right. Now bitcoin transaction takes only few minutes and very very little fees. Previously i gave up blockchain for high fees for low transactions but now it is ok for both high and low amount of transactions.

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October 13, 2018, 01:30:10 PM
 #167

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!
that is the excess of bitcoin than we make transfer and payment through banks, hopefully more and more people can feel the advantages of features than bitcoin
jakezyrus
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October 13, 2018, 01:37:12 PM
 #168

Yes, you are right. Now bitcoin transaction takes only few minutes and very very little fees. Previously i gave up blockchain for high fees for low transactions but now it is ok for both high and low amount of transactions.

The reason why you experienced that is because bitcoin value is now too low . yes , your right bitcoin fees and overall performance will only depend on its current value .

In case bitcoin will pumped in the few weeks , we should avoid using it for now as a currency but instead we can use other altcoins like litecoin or dashcoin so that we can still avoid the high fees and slow network .
raking
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October 13, 2018, 03:51:34 PM
 #169

Bitcoin purses as widely used as Blockchain are offering a fee of 55 Satoshis / byte, which is higher than the $ 1 level for mid-range transactions. While just a month ago, the Bitcoin transaction fee went up to $ 30, especially on wallet platforms and SegWit's non-integrated platform.
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October 13, 2018, 03:58:23 PM
 #170

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!

This is what the real system of bitcoin transactions,those issue about high fees and delay transaction happens only when the congestion is indeed,just like what had happen in December 2017 ,but after that everything backo normal.hoping lightning network will be available soon for more positive effect in transacting
randegibran
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October 13, 2018, 04:41:17 PM
 #171

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!
good news, this is just the beginning of the future of bitcoin, maybe in the future it will be faster in transactions and also the fee will be cheaper. we all look forward to a bright future
Dissident991
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October 13, 2018, 05:26:17 PM
 #172

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!
good news, this is just the beginning of the future of bitcoin, maybe in the future it will be faster in transactions and also the fee will be cheaper. we all look forward to a bright future
The future is already here. After several years of testing since 2015 the Liquid Network sidechain for the bitcoin blockchain was launched 27 sep. It aims to allow for faster transactions. You can read about it here https://blockstream.com/liquid/faq/
kwakgyimah
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October 13, 2018, 07:13:40 PM
 #173

The transaction cost of bitcoin varies depending on the particular exchange or wallet that one is using. Most exchanges still charge high transaction fees. The future of the world's finances lies in bitcoin. I believe the transaction fees would be relatively be affordable as the popularity of bitcoin goes far.
sidebyside
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October 13, 2018, 07:27:43 PM
 #174

Very good, I hope this can sustain a long time. motivation for transactions. You can now trade bitcoin and pay a very low fee and the speed for the transaction is also very fast. These are the factors for bitcoin development in the future.

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October 14, 2018, 03:22:05 PM
 #175

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!
The backlog spam transactions are already been solved. Those group that wants Bitcoin to go down didn't succeeded at all because even if Bitcoin fall, their altcoin follows the chart of bitcoin.
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October 14, 2018, 04:14:35 PM
 #176

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!
Probably you were just lucky, because generally transactions with such low fees take much more time to be processed.
Though I can remember somebody showed a screenshot of transaction where 45k btc were sent for 4 dollars only - yeah, that was really amazing.
bcoinseliot
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October 18, 2018, 08:09:10 AM
 #177

There are a lot of factors which determine the cost and the speed of transaction. Basically, all deals are processed and verified by miners. They may choose which transaction to confirm at first. Obviously, they choose ones with higher fees, because they earn on them. When the network load is low, users can send/receive money at a low cost and with high speed. But it is temporary and depends on the number of transactions and users. Potential high loads will bring us back to insane fees and slow processing. However, there is Lightning Network which should be launched soon to make Bitcoin transactions really fast and cheap. That could be achieved because transfers would not be confirmed by miners and would be based on smart contracts. I’m waiting for this solution. What do you think about it?
GoldenBell
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October 18, 2018, 08:32:14 AM
 #178

I' happy to hear that. This is one of the feature which make BTC attractive than any other kind of currency payment.
Wittycoin
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October 18, 2018, 08:59:19 AM
 #179

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!
That is great, transaction price of bitcoin became low already. I hope it won`t go high again like this past years and months, the transaction fee was very high.
walemil
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October 18, 2018, 09:33:53 AM
 #180

This is indeed a good development. My previous transfer was considerably fast too but I felt it could be faster because equivalent amount of Ethereum went faster. How soon is the lightning network going to apply to bitcoin transfers? A lightening speed and low fee will give bitcoin the edge.
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