AVAMONEY
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June 29, 2018, 04:14:21 PM |
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Yes this is good news. High mining costs have become one of the negative parts of Bitcoin as well as the time it takes for Bitcoin transactions. This is part of cost reduction for BTC merchants, I think there are now too many places for BTC and Altcoin transactions, so this cost should be reduced so that everyone involved in the deal, where there are big deals. That is my personal opinion, but I hope in the future the transaction price will fall to the lowest possible level.
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emsjvh
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June 29, 2018, 04:16:42 PM |
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I think its good because common people if start using bitcoin for transfers they will see that fees are super low and its more convenient than to use bank, but many people remember December 50-100$ fee and think bitcoin is shit. Hope they will change their opinion.
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monarchy
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June 29, 2018, 04:25:43 PM |
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Probably the transaction cost goes down because there are too few people who make the transaction so they are suspecting the transaction fee may be that the cost of the transaction is down
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Silenox
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June 29, 2018, 04:33:08 PM |
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The lower number of transactions certainly helps to lower fees, the adoption of Segwit as well. I remember that at the beginning of the year I paid 150k satoshis for a transaction, and a few days ago I paid 44 satoshis for a transaction, both took little more than 10 minutes to be confirmed, I hope we never have these absurd fees anymore.
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Betty10
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June 29, 2018, 04:35:08 PM |
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It is a big relief been using very low fees for my transactions, so am able to sell very little quantity of bitcoin without feeling the pain of a high fee. This I believe is expected to go lower and confirmation time will become faster.
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shackleford
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June 29, 2018, 05:01:50 PM |
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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 seems to me that if the price for transactions has decreased, it is good for those who trade and constantly withdraw or transfer bitcoin. However, for miners, this news upset. They now once again began to earn less when mining bitcoins.
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Sandijoee
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June 29, 2018, 05:10:16 PM Last edit: June 29, 2018, 06:11:20 PM by Sandijoee |
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I am happy to see news like this, this is good news and very good. This is very profitable for traders and I hope it helps the market will grow. Hopefully this will really happen and there is no lie.
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anehh
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June 29, 2018, 05:12:40 PM |
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The cost of bitcoin transaction down is good news and great fun, especially against people who are active in doing bitcoin transactions. With the decline in transaction costs bitcoin allows the increase in turnover of the number of bitcoin transactions. But for me that awaited many people is not the decrease of bitcoin transaction costs, but they are waiting for the rising bitcoin price. I am also loyal today waiting for news of the rise in bitcoin prices, and hopes that in the near future there will be a bitcoin price increase that will revive the spirit of bitcoin investing and build higher confidence in bitcoin, so bitcoin will become more popular, trustworthy and liked many people who want to invest in it.
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Joyeeta
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June 29, 2018, 05:23:00 PM |
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It's been couple of weeks bitcoin integrated Lighting network, probably 20% of its network, that's why we see a low fee such as $0.04 per transaction. when 100% implements happens, bitcoin will be loved by everyone again.
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FuzeX FUTURE PAYMENT | CRYPTOPAY | SIMPLE . SECURE . CLEVER (https://fuzex.co)
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WolkGold
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June 29, 2018, 05:28:17 PM |
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Yes, High transaction fees are what traders often complain about. and with those moves. Linking the exchanges at a low and consistent charge will generate popularity for bitcoins. along with the price at the current 6k. That is the point that I believe the market will recover in Q3.
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bondali
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June 29, 2018, 05:32:25 PM |
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Since last few days i have seen that the rate of btc transaction fees has gone down i think that it is a good news for traders who deals in btc.
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DiabolicAnt
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June 29, 2018, 05:34:10 PM |
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I hope it helps the market to grow finally. Also, high transaction fees were kind of a problem in my opinion, it’s good that now they are lowering.
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Konco126
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June 29, 2018, 05:36:28 PM |
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I think this is all fair, because with the current BTC price is so low proportional to the cost of the transaction. Maybe if bitcoin price rises again the transaction costs will rise as well. It's my logical mind about bitcoin prices with transaction costs. But better and more comfortable if the high bitcoin price back and transaction costs are also equal to greater security guaranteed quality without the internet wallet hacker.
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rodriguesserg967
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June 29, 2018, 05:40:34 PM |
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More usage I guess? More people will transfer BTC instead of converting it to LTC or Doge to transfer to another exchange? Maybe.
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Saldom12
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June 29, 2018, 05:53:47 PM Last edit: June 29, 2018, 06:05:55 PM by Saldom12 |
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Wow this is good news and very good news. I am glad to hear this good news or good news like this. Hope this is the right news and hopefully this will happen.
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domerosan10
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June 29, 2018, 06:02:23 PM |
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Hope this will happen because this is good news I'm glad to hear this news, maybe it's not just me who is happy but other users may also be happy with this good news.
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Ilmiyati
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June 29, 2018, 06:06:47 PM |
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it may be due to the declining price of crypto, and indirectly lead to a decrease in the price of the fee, so with this situation, we can use it to buy a bit of Bitcoin as an investment in the future
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akirasendo7
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June 29, 2018, 06:09:54 PM |
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i think this might because of the current crashing of crypto currency, also if the transaction fee's are so high, they might not use bitcoin instead use othercoins to transfer their tokens also all the news circling around the community also have a big impact on bitcoin, but i hope bitcoin will recover as soon as all the locks and bans are lifted have faith un btc
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suindendoshi
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June 29, 2018, 06:36:00 PM |
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for normal users, this is really good news. There will be no Commission of $ 50, when transferring $ 40/ However, it will probably affect those who mine bitcoin. It'll hit their wallet. But it is an economy that must keep a balance between debit and credit.
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Herbys
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June 29, 2018, 06:49:59 PM |
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I think Bitcoin will go down to 5K, maybe not for long, but it will be about 5K. This, on the contrary, has a positive effect on Bitcoin's dominance in the cryptocurrency market. With a decrease in the cost of Bitcoin's dominance grows, because investors are trying to enter the cheap Bitcoin, then belief in it is not lost.
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