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Author Topic: BTC transaction fees is going down.  (Read 4194 times)
Charles Warren
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July 13, 2018, 09:37:37 AM
 #421

There are several new technologies which (hopefully) will reduce fees in the near future. In the meantime, don't use coinbase. They have terrible practices which inflate fees and on top of that they appear to jack up transfer fees charged to users and pocket the extra. Short term you can transfer your funds to gdax and send from there for free. Long term, consider a different exchange.
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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MostHigh
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July 13, 2018, 09:39:49 AM
 #422

Good news. I have been worried by the price hike on transactions but if it has really gone that down its good news
Zainal-baguz
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July 13, 2018, 09:44:03 AM
 #423

I hear news like this to be happy gan. because sometimes when we ink the bitcoin transactions the balance we have is not enough to pay the shipping costs. With the decline in the price of these bitcon interactions will be something good news .

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Fesatmas
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July 13, 2018, 09:52:22 AM
 #424

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 fees is decreased it's really good but not for traders when doing withdrawing from exchanges that fees more high than the actual transaction fees.

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Bitcoinnumberone
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July 13, 2018, 09:58:32 AM
 #425

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 ok if the value of bitcoin now is going down decreased, But eventually it will increase again in a right time. You need to be optimistic and always be positive in using Bitcoin we should do what we always do in bitcoin to earn money and transact money to other people, joining campaigns there's a rainbow after the rain.
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July 13, 2018, 09:59:17 AM
 #426

I find the transaction fees are different in different locations, but some places are quite expensive, I always like to trade in Binance, where fast and extremely low cost.
Blackhammer321
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July 13, 2018, 10:02:53 AM
 #427

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 .

This is a good decision made by the facilitators which will absolutely gaineore users because of the lower price transaction fee. The popularity of bitcoin will probably boost and more investors will be encouraged because ilat thelow proce you can do transactions, in addition it is more easily to do transactions with the use of bitcoin.
NerdofBTC
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July 13, 2018, 10:15:55 AM
 #428

This is a very good desicion it will provide a more facility to the investers the transaction can be made more because the transaction orice is down and the bitcoiner will get more way to invest they have to pay more amount on the transaction but after this decision more invest will be made and the popularity of bitcoin will be increase.
muneeb.zain
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July 13, 2018, 10:34:21 AM
 #429

THis is the good step taken from the management team of the bitcoin to reduce the transaction fee this can cause the more the transaction of bitcoin for buying and selling. This setup will definitely make difference.
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July 13, 2018, 10:48:19 AM
 #430

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 .
This is a good development. Bitcoin high transaction fee has been its greatest undoing for sometime now. If this can reduce, then it is a great one for bitcoin's future.

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TooDumbForBitcoin
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July 13, 2018, 10:55:28 AM
 #431

I guess fees will be even more smaller more after Schnorr signatures implementation. The proposal was released few days ago https://github.com/sipa/bips/blob/bip-schnorr/bip-schnorr.mediawiki



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kyle999
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July 13, 2018, 11:32:50 AM
 #432


I think it's better to beat the price of bitcoin because we can afford the bitcoin price and we also afford the fee for transactions for sending bitcoins to another wallet.
cryptowaltz
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July 13, 2018, 01:09:11 PM
 #433

This is the good news for everyone who is transacting small amount of bitcoin because much less fee and we can any amount we want. also peoples can do more transactions really its helpful for everyone, but one problem is if peoples do higher transaction then its take more confirmation time on blockchain.
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July 16, 2018, 04:26:02 AM
 #434

Let someone wallet to sell it and its amount will also increase similarly here, too. And I realize that the thought of so many Bitcoin supporters is really like this. There is always room to improve.
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July 16, 2018, 04:32:07 AM
 #435

Bitcoin price have down and make bitcoin transaction was lower than usually, many factor make why lower transaction of bitcoin every day. bitcoin was dump and many investor still keep and hold their bitcoin for unknow time untill bitcoin have raised and grow up again, just holding and nothing can investor do because bitcoin was dump.
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July 16, 2018, 04:36:11 AM
 #436

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 is actually good news for us who trades bitcoin specially those whose transactions are small amount. Everyone used to conplain that the bitcoin fees have been outrageously high. I do hope it will not have a negative effect on bitcoin though. Nonetheless this is a good news we can enjoy.
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July 16, 2018, 04:54:02 AM
 #437

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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July 16, 2018, 05:10:25 AM
 #438

It sounds good for bitcoin. Some of companies leave accepting bitcoin because of high fees. For example Steam. They started to unaccept bitcoin when fees are higher than game prices Smiley Otherwise people couldn't send small amounts because of same reason. When fees are reduced number of people who uses bitcoin will increase.
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July 16, 2018, 06:24:34 AM
 #439


Hmm interesting news for bitcoin indeed. It really makes you question who could've been spaming it. I love the theory that Satoshi Nakamoto could've been doing it ! Cheesy
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July 16, 2018, 06:30:36 AM
 #440

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 cost have down and make bitcoin exchange was lower than typically, numerous factor make why bring down exchange of bitcoin consistently. bitcoin was dump and numerous financial specialist still keep and hold their bitcoin for unknow time untill bitcoin have raised and grow up once more, simply holding and nothing would investor be able to do on the grounds that bitcoin was dump.
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