apolonio
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June 09, 2018, 05:44:21 AM |
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It depends if it goes down. It goes down because bitcoin value goes down. It not appropriate that fees is higher than the price of bitcoin. That includes fees and other coins prices goes down to.
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arya123210
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June 09, 2018, 05:57:38 AM |
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No btc costs do not go down in my opinion because the higher you make the transaction the greater the cost of your transaction
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alaskata
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June 09, 2018, 05:59:04 AM |
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I hope so, because the price of Bitcoin is in the low stage
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Jlv
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June 09, 2018, 06:01:31 AM |
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Good to hear that and great news for all bitcoiners, they will be happy for that because sometimes transaction fees are bigger than what we are going to exchange because the amount is very small.
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kejot
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June 09, 2018, 06:04:22 AM |
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I think the fee still the same with few months ago in BTC amount, maybe you mean the fees down in your country currency, it is because the price of bitcoin litlle down, when the price will higher, absolutely the fees will be higher too.
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rasel666
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June 09, 2018, 06:06:51 AM |
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Yeah this is really great news for all of us.but i think bitcoin price is low that's why fees are going down.
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javainn
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June 09, 2018, 06:09:31 AM |
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good news for the reduction of btc transaction costs, because if the high cost will only bother the owners of small btc class. where their results should be cut for a large fee, I hope it's not just btc that lowers the cost but a lot of coins can also apply it.
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iram701
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June 09, 2018, 06:11:02 AM |
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It was influenced by the price of bitcoin that falling down. Actually this condition make all of bitcoin users to be glad to do transaction with bitcoin. And i hope too the fees go down again to minimize our transaction amount. This is one of the advantage in using Bitcoin now.
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Sevarchik
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June 09, 2018, 06:12:50 AM |
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There is some reasons. - Adding LN - Ending bull market - Increasing peoples knowledge, many peoples know about other currencies. Earlier it kow only about bitcoin
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kingkongcorp
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June 09, 2018, 06:13:45 AM |
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yes transaction costs will decrease as fewer btc providers so they will reduce the price of your btc transaction costs
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Sam San
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June 09, 2018, 06:15:03 AM |
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Only when transaction fees fall, will more people be able to use bitcoins for transactions. I think this is very helpful for community development.
And I think the fees are lesser now than in the past year since a lot of people are pissed by how the transaction fees are so expensive, also the transaction speed are now developed with the Lightning Network. There are a lot of platforms that accepted Bitcoin as a payment but while the price are having a dump, we do not know what will happen in the future. The most irritating thing to users is the expensive transaction fees and the slow process of confirmation. I am very happy if the transaction fee can be cheaper and the confirmation process can be faster. of course with this will be more people who will use bitcoin for their payment method when shopping It is difficult to say whether this can help the market as a whole, but the reduction of commissions will attract people to the market,especially those who are just starting their activities as a trader.
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honey7
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June 09, 2018, 06:17:44 AM |
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BTC transaction fees getting lowered. Moreover its transactime also reduced. This is a big advantage for those who involved in crypto idustry. We may see BTC around $9k by end of June.
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zafaryaqoob
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June 09, 2018, 06:21:43 AM |
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Ya I also seen Bitcoin Transaction Fee going Down, this is Great news for me but I think it effect may Effect bitcoin miner Earnings.
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Powerpuff
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June 09, 2018, 07:11:16 AM |
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Just like early Investors have been saying capping the blocksize to 1MB is the same as capping the growth. That's exactly what is happening, less people are using Bitcoin but increasingly using other Cryptos. Fees have dropped a lot because of less usage.
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alex M
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June 09, 2018, 07:37:20 AM |
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It was influenced by the price of bitcoin that falling down. Actually this condition make all of bitcoin users to be glad to do transaction with bitcoin. And i hope too the fees go down again to minimize our transaction amount. This is one of the advantage in using Bitcoin now.
Maybe it was influenced by the price, or whatever reason it would be. For me, this makes btc users happy. The main idea when transaction fees are reduced is that, it gives interest and make people opt to use bitcoin more. Investors also would come and buy since price is low plus transaction fees are low, thus giving them a good package if they invested on bitcoin.
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Wahyud11
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June 09, 2018, 08:22:19 AM |
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if the transaction costs bitcoin down very well, because when we do the transaction will not pay much transaction, so very profitable
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bloodyvio
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June 09, 2018, 09:24:35 AM |
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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 .
with the reduced cost of bitcoin transactions today will certainly help widespread adoption of bitcoin people do not need to spend more money to process a transaction not like before to process one transaction required at least a minimum of eight dollars but even so still the third party still put a very high transaction costs such as exchange they still use transaction fee of 0.001 for each transaction i hope third-party services will also immediately lower their minimum transaction costs
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Kez1817
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June 09, 2018, 10:32:08 AM |
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It is good news for all bitcoiners if the bitcoin transaction fees goes down while the bitcoin price keep increasing. It is good to trade now ,it will become more profitable and i think the demand now in bitcoin will increase more and continue to invest on it.
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ninjaeth
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June 09, 2018, 10:36:40 AM |
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It really is a amazing thing to only spend 3 cents when sending 500$! Now if only we could speed up the transaction time.
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musta5a
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June 09, 2018, 10:39:24 AM |
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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's a very good news, with lightning network it should go even lower. Future of bitcoin is very bright if devs manage to maintain the fees low enough for micropayments.
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