kingkonjac
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July 05, 2018, 05:37:58 PM |
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the transaction fees and the speed of them play crucial role on determining the adoption and usage of btc as a currency. I hope the recent down of fees will make more transfer and circulation in market resulting in higher liquidity.
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allthingsluxury
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July 05, 2018, 05:38:40 PM |
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Overall, this is a good thing and was something that needed to happen. Bitcoin was certainly becoming very sluggish in December.
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Sithara007
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July 05, 2018, 05:42:36 PM |
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Overall, this is a good thing and was something that needed to happen. Bitcoin was certainly becoming very sluggish in December.
LOL... December was like Armageddon.... I remember paying as much as $40 in transaction fee for a single transaction. Two years earlier, I was paying $0.02 on average for each of my transactions. |
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muneeb.zain
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July 05, 2018, 06:41:21 PM |
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This is definitely a good news for the people who pay through bitcoin around the globe and it's also for the new investors and also good for the starters which start with the small amount.and this is definitely play an important part in the growth of the bitcoin.
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Chris BENNETT
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July 05, 2018, 06:51:21 PM |
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I think need a relationship between speed and price if the transaction costs are low then his transaction will be slow,
so if his transaction costs are high, then his transaction will be fast, I very often do it.
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Serious Miner
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July 05, 2018, 06:54:33 PM |
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Yes, I noticed too that Bitcoin Transaction fee and time is going to down gradually. In 2017, I have faced several issues with Bitcoin transaction time. But now it seems okay to me. I hope day by day bitcoin transaction fees and time will be reducing. If that happens then more investor, Companies will come on the bitcoin network.
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aliichaudhary
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July 09, 2018, 03:23:49 PM |
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It will increase the minors rate. It will also increase the development. Also a good for bitcoin society.
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userclix
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July 09, 2018, 04:11:35 PM |
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Reduced transaction fees will probably boost demand for Bitcoin as well as the technology that underpins it. Reduced fees may very well encourage businesses to explore/implement the technology actively across their sector. Obviously this is not to say that other factors such as organisational and technical hurdles would get in the way, but it is a foreword step which will can only boost implementation.
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mdzahed134
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July 09, 2018, 04:20:50 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 .
yeah,it's great news i think.Basically i used Blockchain & Coinbase that's why i make transactions from those two wallet.BTC transaction fee was always higher now last few days it something reduced.If coinbase transaction fee was all-time lower from blockchain.Same thing in ETH transaction fee is higher in any amount of transaction. |
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Punit kumar
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July 09, 2018, 04:24:16 PM |
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This is a good news for those who trade bitcoins and healthy sign for the market.When the price of bitcoin is expected to raise more and the price of bitcoin transaction fee will reduced.
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Ng93
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July 09, 2018, 04:31:03 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 .
I can say that miners (those who mine) are not very happy with this news. Of course, for ordinary users this is good news, they will now spend less money when transferring bitcoins. |
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etron
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July 09, 2018, 04:35:45 PM |
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of course, it is clear that when the costs are lower there is a much greater incentive for people to spend their coins and merchants to accept it as payment and all that will contribute to more bitcoin adoption and ultimately higher prices but what I mean is that traders who have never changed their attitude toward the market due to higher costs. of course everyone is upset about it but they still continue to buy bitcoins and prices change from about $ 5000 to $ 20000 during high cost period.
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Liaalif
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July 09, 2018, 04:48:37 PM |
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the decrease in bitcoin transaction costs is inseparable from the decline in bitcoin prices, so I think that's a natural thing because of its logic when bitcoin prices rise I'm sure the value of transaction costs will also rise
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Topaz72
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July 09, 2018, 07:43:19 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 .
I can say that miners (those who mine) are not very happy with this news. Of course, for ordinary users this is good news, they will now spend less money when transferring bitcoins. Same as you I think bitcoin transaction fees will be reduced and it will be famous all over the world, too, reduction in the transaction fees is really a good news for us, if the transaction fees of bitcoin will be down then bitcoin will be preserve for long term, I really like bitcoin because it does not charge us higher than the other transactions, so it is really a great news for all of the investors and traders. |
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korobitsyna96
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July 09, 2018, 08:18:46 PM |
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Fees are reduced, according to the number of operations. The more things done in the world, the less the commission becomes to attract people to the deal.
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Suffoc8
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July 09, 2018, 08:23:58 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 .
I think it is a good news to all of us especially to the bitcoin and other cryptocurrency trader becuase they can trade in a little transaction fees so that they can earn much higher profit. |
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Crypto one
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July 09, 2018, 08:50:42 PM |
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It's good to see the fees dropping down, now we just need to see more exchanges lowering the fees also.
6 months ago the fees was skyrocketing, so much that I gave up sending btc, and the btc I was trying to send didn't leave my wallet, for a week or so.
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Acefarming
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July 09, 2018, 09:56:43 PM |
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It is really a good news to everyone who is using bitcoin as their modes of payments for their needs. If the transaction fee is going down then it would be a great help for those who have a lower commision. Instead of paying higher transaction fee they would only pay minimal and also, they can use it to buy/trade for higher amount of bitcoin.
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chenczane
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July 09, 2018, 10:47:00 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 .
Yeah. I also noticed that. I always sell coins in HitBTC and the withdrawal fee is not that high anymore. Also Yobit, the transaction fees are almost half like last month. Maybe they did that because, the transaction fees are the coins that can be mined, maybe they lessen that. It is just merely an opinion of mine and I want to know really the answer. |
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Supremacy2
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July 09, 2018, 10:53:46 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 .
Bitcoin transaction fee is reduce and the lowest fee is $0.01. Sending and receiving of Bitcoin now faster than expected in terms of delivery. |
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