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Author Topic: BTC transaction fees is going down.  (Read 4195 times)
Marinanik2018
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June 09, 2018, 10:51:16 AM
 #181

if the cost of transactions will continue to decline, this is a good step for distributing the crypto, because now, when not large payments are made, the percentage of transactions is very high, let's hope for a further decline
ucingucingan
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June 09, 2018, 11:52:57 AM
 #182

This shows that many investors hold their assets because this is because the price chart is likely bearish so they choose to save their assets rather than sell them, because if they sell in the present then it will make them losses, in addition to this loss also will make prices fall and lure other investors to sell their bitcoins, eventually the price will be more bearish
DimensionsOfHell
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June 09, 2018, 11:55:23 AM
 #183

one of the reasons for the decrease in commissions is a decrease in the desire of users to buy bitcoin, while its cost has not increased. consequently, the demand for block space has decreased. and, of course, the periodic decline in the rate itself also caused a decline in transaction costs.
ucingucingan
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June 09, 2018, 11:57:23 AM
 #184

This shows that many investors hold their assets because this is because the price chart is likely bearish so they choose to save their assets rather than sell them, because if they sell in the present then it will make them losses, in addition to this loss also will make prices fall and lure other investors to sell their bitcoins, eventually the price will be more bearish

In addition to this it shows a large holding of the size of the investors, it also shows the decline of new enthusiasts to invest in bitcoin so that no purchasing activities that occur, maybe this will last long enough to the price movement up so as to attract new investors to buy
Skieleton
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June 09, 2018, 12:10:20 PM
 #185

From last few days, btc transactions fees has been reduced remarkably. Even its transactions fees are now lower than bitcoin cash. It is really a great news for btc trader i think. How it can help the current market?? Share your logic please .
That's true, but that's just reason for satisfaction Smiley. Until now, they were very high. Everything is going in the right direction.
efxtrader
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June 09, 2018, 12:11:50 PM
 #186

From last few days, btc transactions fees has been reduced remarkably. Even its transactions fees are now lower than bitcoin cash. It is really a great news for btc trader i think. How it can help the current market?? Share your logic please .

I think its good news. It will make many investor interesting on bitcoin because with lower fee, attracting people to transaction using bitcoin rather than using banks

levvv
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June 09, 2018, 03:17:21 PM
 #187

From last few days, btc transactions fees has been reduced remarkably. Even its transactions fees are now lower than bitcoin cash. It is really a great news for btc trader i think. How it can help the current market?? Share your logic please .

i think the bitcoin network has improved. If the fee reduced, then no worry for high fees anymore.
of course it can help current market. The low fees help traders transfer their coins more frequent and the volume can increase.
paulmaritz
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June 09, 2018, 03:21:57 PM
 #188

From last few days, btc transactions fees has been reduced remarkably. Even its transactions fees are now lower than bitcoin cash. It is really a great news for btc trader i think. How it can help the current market?? Share your logic please .

It is because less transactions are done via BTC than what was previously the case. Increase the number of transactions and the fees will increase again. This is why an increase in transactions is seen as spamming the network. Grin
cryptotaste007
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June 09, 2018, 03:25:38 PM
 #189

This is on the grounds that bitcoin is a product that requires the greater part of a large number of PCs that run it to remain in a state of harmony. To do as such effortlessly, there's a breaking point on how much information the system can process at interim, and clients need to pay more to get their exchanges in now and again of clog. The cities of bitcoin will stay clam this time. They always try to find lacks of it.
chriskins
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June 09, 2018, 03:28:42 PM
 #190

It's better that way, they seen that there are lots of competitors, so they are adjusting both the fee and fastness off there transactions , in other to keep there users.
ekateriinae
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June 09, 2018, 03:32:38 PM
 #191

i dont think bitcoin fees are down. if it real then why exchanges site still used a high transaction fees then? im still think bitcoin fees are not suitable for micro transfer so bitcoin still need to more improved.
semutracing
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June 11, 2018, 05:46:01 AM
 #192

when bitcoin prices get more expensive and bitcoin transactions become very crowded, the cost will also be expensive. I think this is normal because I think bitcoin prices are still very cheap for now
chikading2016
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June 11, 2018, 05:54:58 AM
 #193

when bitcoin prices get more expensive and bitcoin transactions become very crowded, the cost will also be expensive. I think this is normal because I think bitcoin prices are still very cheap for now
I believe that this is not a manipulation of the price. I think bitcoin is going down because there are so many investors that maybe withdraw or convert bitcoin into fiat. Or maybe it is all because of some issue on the bitcoin feild that is why we are now experiencing a huge dump. And all I can say is we don't have to worry about it because it is a new opportunity to buy more bitcoin and gain in the near future.

SeVenlast
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June 11, 2018, 05:55:39 AM
 #194

when bitcoin prices get more expensive and bitcoin transactions become very crowded, the cost will also be expensive. I think this is normal because I think bitcoin prices are still very cheap for now

It will only make the balance because the price of BItcoin is decreasing and transaction costs will be decreased.

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Gerci
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June 11, 2018, 06:01:40 AM
 #195

Transaction costs are a hot topic of debate in the world of cryptocurrency. There is much discussion about the cost of Bitcoin versus Bitcoin Cash in this regard. Now it seems the average Bitcoin transaction fee is lower than the BCH. As always, a temporary snapshot can look very different within a few hours.
When directly comparing BTC with BCH fees, there seems to be no real contest. The transaction cost of Bitcoin Cash is much lower than that of the world's leading cryptocurrency. In fact, the cost of BHC is relatively flat for some time now. The cost of Bitcoin, on the other hand, is uncertain as usual.
Missterio
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June 11, 2018, 06:04:23 AM
 #196

I think this is connected with the decline of the market and the departure of many people from here
Husen Alikhsan
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June 11, 2018, 06:22:11 AM
 #197

Bitcoin is currently less stuck and therefore transactions are now cheaper. The reason Bitcoin has been attacked by its spam attacks. Currently, the transaction is back to normal as usual. I believe it will greatly help to increase adoption, and also make people that Bitcoin is not sustainable in the future as adoption increases and transactions becomes more crowded and runs smoothly. Thanks
alfonshudding
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June 11, 2018, 08:08:04 AM
 #198

Fees have been down for a while now. It's great news for bitcoin for those who use it for the intended purpose as a currency, there will be an increase in the number of transactions and trades as a whole. I don't see it having much of an impact on the actual market value though.
rumexx
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June 11, 2018, 08:25:49 AM
 #199

From last few days, btc transactions fees has been reduced remarkably. Even its transactions fees are now lower than bitcoin cash. It is really a great news for btc trader i think. How it can help the current market?? Share your logic please .

I also noticed that the fees are coming down. That is a good job though some claim it like that because of the quantity one is engaging  to buy. The other issue is the time taken to conclude any bitcoin transaction. This one is really taken a long time to complete.
fcf1081
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June 11, 2018, 08:36:10 AM
 #200

From last few days, btc transactions fees has been reduced remarkably. Even its transactions fees are now lower than bitcoin cash. It is really a great news for btc trader i think. How it can help the current market?? Share your logic please .
In my opinion and base in my experience when bitcoin is low price the transaction fee of bitcoin is lower also. But if you have BTC Trader i think many trader like high bitcoin prize than lower transaction fee because of low bitcoin price.
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