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Author Topic: BTC transaction fees is going down.  (Read 4195 times)
btc02190110
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June 03, 2018, 04:47:25 AM
 #61

It's a good sign.. Less transaction fees means more BTC trades. Good for the future of btc. It will increase the buyers and the value of btc will rise.. Smiley
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JustQueen
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June 03, 2018, 04:48:58 AM
 #62

That will be a good news to everyone especially to those who loves to trade all the time, also for those investors who invest a big money. It will be a lot of big help to everyone of us.

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June 03, 2018, 04:51:19 AM
 #63

It's a good sign.. Less transaction fees means more BTC trades. Good for the future of btc. It will increase the buyers and the value of btc will rise.. Smiley

We are not looking at more buyers here but more trades and transactions. In the last years, users are been thinking that fees are very high for some transactions and that is a bit of a bad thing to Bitcoin since it is introduced with a small fee. With a lower fee, there will be more transactions and with more transactions that also means higher demand.

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June 03, 2018, 04:56:45 AM
 #64

That would be a good news for the traders but i am into long term investment so for now i didn’t mind yet if the transaction fees are going down. Well maybe in the future i will care when in time for me to use my bitcoins. We’ll see then. What i care about as of now is to have extra money money always to buy more bitcoin in addition to my investment.  Grin anyway, congrats to all traders.  Wink
arifin eky
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June 03, 2018, 05:00:54 AM
 #65

this is very good, sometimes people are reluctant to transact at the lower limit because the cost of bitcoin transaction is quite expensive, if there is a decrease in cost it will be profitable for us.
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June 03, 2018, 05:06:18 AM
 #66

This was to be expected: LN was integrated and segwit addresses rise every day.
More btc price going down and it loss popularity and mem pool breath now easy

haris267
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June 03, 2018, 05:06:55 AM
 #67

Hi, I think this is good news for those who trade bitcoins. If you are lower commission, then there will be more trade.

wormgummy019
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June 03, 2018, 05:11:43 AM
 #68

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 a good news to hear because the transaction fees has been reduced. Many people will be happy about that because many people use bitcoin in transaction and now the transaction fees are reduced, many people will now trade money. It help the current market because many people will now trade and the market will now become healthier.
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June 03, 2018, 05:17:49 AM
 #69

yes this is normal because I think the price of bitcoin is still very cheap just imagine when bitcoin prices are getting expensive and bitcoin transactions become very solid, fee will also be expensive.
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June 03, 2018, 05:24:30 AM
 #70

Maybe it is caused by the cheap btc price, usually along with the rising btc price, the fee will follow suit.
Reid
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June 03, 2018, 05:30:44 AM
 #71

I was also shocked with this.
Playing dice in YoloDice have been my habit and when I saw how low their fees for withdrawal I got so happy.
They are in dynamic mode which relies to how much the price is.
I hope even trading websites can change this. From 50k sats they should make it to 20k or 10k. It will be a lot of fun going back and forth the trades.

I guess the traffic is all cleared now. There are not much faucets and it could be that people aint withdrawing anymore looking for a better value of bitcoin.
airdnasxela
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June 03, 2018, 05:31:30 AM
 #72

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 .
Some are commenting that they do not care even though the fee they are paying in the transactions with regards to bitcoin is nothing because bitcoin gives them money that is incomparable. Yes they are right on some aspects but I think it will be a boosts if the fees are a little bit cheaper than at it is like what you have mentioned is happening. I think it will significantly increase the number of activities in the market when they do will not worry about fees.
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June 03, 2018, 05:38:22 AM
 #73

I have seen this in the recent news , even i was shocked to hear that as i have never seen btc fees was never low and many were not even buying it due to the same reasons.Hope on reducing the fees this may increase the buyers and also create some stability in the trend due to balanced buyers and sellers and also trend will not flourish in a single direction.

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June 03, 2018, 05:40:33 AM
 #74

how much transaction fee using BTC now?
not if a trader transacts using BTC, the fee has been specified by exchanges?
or whether you can explain in more detail what you do, until you can conclude that the transaction fee of BTC is down

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June 03, 2018, 05:51:05 AM
 #75

The low transaction fee will be the best news ever for the bitcoin users, Transaction fee has been one of the Major reasons as to why investors shy away from BTC, however with the reduced transaction cost, comes a promise of attracting more investors, which will revive the future of the coin in the long run

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June 03, 2018, 05:57:52 AM
 #76

 i think the price of transaction fees on the blockchain is when too many people process their transaction the fees is going higher, but if few people process their transaction on blockchain the price is going lower. to be simple the price of transaction fee is depends on the number of users.

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June 03, 2018, 06:03:58 AM
 #77

any technical explanation why the fee now is extremely low now?
have seen the links that given on first page and the fee is only $0.19 in term of dollars

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June 03, 2018, 06:06:53 AM
 #78

Same here. I couldn't care less about the expenses. In the event that that is the thing that it takes for me to exchange my Bitcoins, at that point so be it. I have been getting a considerable measure of endowments from this innovation. I can't request more. Furthermore, I see that the mentality of a considerable measure of genuine Bitcoin supporters are this way. Bitcoin's bullish development all during that time is a hard verification of this. Obviously, there are impediments, for example, you can't utilize Bitcoin to pay for your container of pop. There is dependably an opportunity to get better.
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June 03, 2018, 06:09:03 AM
 #79

High transaction fees has been a major problem as far as bitcoin is concerned. Less transaction fees would encouraged people to do more bitcoin trades. It will also be good for its popularity.
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June 03, 2018, 07:02:47 AM
 #80

High transaction fees has been a major problem as far as bitcoin is concerned. Less transaction fees would encouraged people to do more bitcoin trades. It will also be good for its popularity.
the current high cost will make it difficult for someone who has a small btc coin amount for a transaction because it is burdened with fees. but if it is down now I think it will be good where coin owners will be able to feel good benefits.
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