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Author Topic: What is your ideal transaction fee for Bitcoin transactions?  (Read 1371 times)
ubiheal200
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September 30, 2018, 04:16:29 AM
 #41

We aim to provide everything needed for cryptographic profit under a single brand, from 0% transaction fees to the cheapest cryptographic service. The next-generation ecosystem based on blockchain technology provides all of the electronic money-related activities from: securing different blockchains through the process of exploiting, trading and storing electronic money, to Make cryptocurrency available on traditional payment methods. Revenue even if they are not involved in our electronic money related activities such as mining and trading. Crypt will become an indispensable ecosystem in the relationship between the blockchain-based decentralized financial system and daily life in the future by gathering the money-mining industry, Multiply and network marketing under the same roof. Looks like a solid sollution ... But it should not depend on the amount of property. I enjoyed it very much but of course it was not possible because of the cost of the miners. I always try to compare it there. That's how high. Compared with the 4k sitting that I paid for a 0.35 transaction. I just hope someday those people that I would not want to send money and will have bitcoin.
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maxilopez
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October 16, 2018, 06:45:53 AM
 #42

I want to pay a fixed amount per transaction and I want it to be no more than 1 cent per transaction. I think it would be perfect

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October 16, 2018, 07:21:24 AM
 #43

Of course, it should be free. Bitcoin should favor not just the poor but also the poorest of the poor. The fees that you are going to add on their expenses is already a heavy burden for them. If bitcoin can't provide that then it will stay just a speculative asset and another altcoin will take the job.
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October 16, 2018, 09:24:07 AM
 #44

It depend on what the speed of the transaction. If the speed is high, it require high fee, and slow speed go with low fee. It is just my view.
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October 16, 2018, 09:29:42 AM
 #45

A one percent fee (1%) on bitcoin transactions would be cool for me as compared to unnecessary commission charged by some local remitting service companies

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October 16, 2018, 10:19:46 AM
 #46

Most of the community may feel that it should be free for smaller transactions and lightening network may become true but we need to think about miners too, so I say a fixed rate would be good for different slabs of transaction amount.
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October 16, 2018, 10:24:11 AM
 #47

For me the ideal fee is $ 1, this value can be said to be very small if you send a large amount of bitcoin. Whatever it is, keep using bitcoin as best as possible.

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October 16, 2018, 10:38:46 AM
 #48

Hello,

Most of the answers could be as low as possible but also need to stay attractive for the miners and the equilibrium of the blockchain. Also need to take in count the other blockchain fees that could be lower and that could attract more people will few cent even for large amounts.

A good balance would be for me around 10 to 15 cts maximum
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October 16, 2018, 11:10:41 AM
 #49

There is no ideal transaction fees. It is fully dependent on network load. High fees makes transaction very fast and low fees makes transactions slow down or huge time. Around $0.10 - $0.15  can be ideal fees for transactions that can be bearable for everyone.
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October 16, 2018, 01:03:17 PM
 #50

It shouldn't be based on a percentage of the transaction amount but a fixed value or something that the majority of the community members would agree on. The transaction fees should also be enough to be profitable for miners. And if you ask me then 10 cents should be the ideal transaction fees.
If we should decide what transaction fee is ideal, I hope that the process time could be the same and avoid heavy traffic. Most of transaction require high fees for faster processing but if you are willing to, you can choose lower but sometimes it cause more delay and lost of it.
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October 16, 2018, 02:56:43 PM
 #51

Charge based on ability to pay and confirmation time is not dependent on fee, confirmation time should depend on the time and wait on the system.
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October 16, 2018, 03:07:37 PM
 #52

Has anybody considered what the Bitcoin users want for transaction fees for their transactions? Yes, we can set the transaction

fees for our transactions in some wallets, but if you were given one set percentage of what you want to pay for transactions,

what would you choose? Let's say, this is based on the amount of bitcoins you are sending and not the transaction packet

size.  Roll Eyes

In the tax system, people with more money pay higher taxes and people with less money pay little or no taxes, so it would

make sense to apply this to Bitcoin too. {I am just playing Devils Advocate, because I know people will split tx's if this was

done.} Let's say they increase the amount, if it comes from the same Bitcoin address.... forcing people to use new Bitcoin

addresses and increasing pseudo anonymity.  Tongue

What percentage of your total transaction, would you be willing to pay for transaction fees, if this was done? {We might see

this with the future Bank Coins, because they like to do that.}  Cheesy



I know the least is the best price, but do you have high security and security? Or just a little profit before the loss of both our exchange or important transactions only.

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October 16, 2018, 04:27:06 PM
 #53

I usually prefer transaction fees less than 0.001btc such as 0.0005btc. I believe most exchanges or wallets that charges high fees sometimes end up providing poor service to customers, this is the reality on the ground. I believe fixed transaction which is relatively affordable for all bitcoin holders would be really cool.
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October 17, 2018, 03:27:28 PM
 #54

Probably I will chose the lowest fee Smiley
In fact it depends on the amount I will transfer and how fast I need the transaction to be confirmed.
Also, it depends on the network, if it is congested I usually use spend more on fees to guarantee the confirmation of my transaction.

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October 17, 2018, 07:20:45 PM
 #55

Has anybody considered what the Bitcoin users want for transaction fees for their transactions? Yes, we can set the transaction

fees for our transactions in some wallets, but if you were given one set percentage of what you want to pay for transactions,

what would you choose? Let's say, this is based on the amount of bitcoins you are sending and not the transaction packet

size.  Roll Eyes

In the tax system, people with more money pay higher taxes and people with less money pay little or no taxes, so it would

make sense to apply this to Bitcoin too. {I am just playing Devils Advocate, because I know people will split tx's if this was

done.} Let's say they increase the amount, if it comes from the same Bitcoin address.... forcing people to use new Bitcoin

addresses and increasing pseudo anonymity.  Tongue

What percentage of your total transaction, would you be willing to pay for transaction fees, if this was done? {We might see

this with the future Bank Coins, because they like to do that.}  Cheesy




high fee / fast transaction
low fee/ slow transaction
Agreed that the transaction fees depends on the speed of transaction but my point is that why can't we have a set % for transaction fees which will be applicable for every exchanges and they should not fix it by there own.And Why can't we provide same speed of transaction to every transaction just to improve the system.Atleast money which we are giving to other exchanges must be taken to improve speed of in future for same price to everyone.

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October 17, 2018, 07:24:27 PM
 #56

Has anybody considered what the Bitcoin users want for transaction fees for their transactions? Yes, we can set the transaction

fees for our transactions in some wallets, but if you were given one set percentage of what you want to pay for transactions,

what would you choose? Let's say, this is based on the amount of bitcoins you are sending and not the transaction packet

size.  Roll Eyes

In the tax system, people with more money pay higher taxes and people with less money pay little or no taxes, so it would

make sense to apply this to Bitcoin too. {I am just playing Devils Advocate, because I know people will split tx's if this was

done.} Let's say they increase the amount, if it comes from the same Bitcoin address.... forcing people to use new Bitcoin

addresses and increasing pseudo anonymity.  Tongue

What percentage of your total transaction, would you be willing to pay for transaction fees, if this was done? {We might see

this with the future Bank Coins, because they like to do that.}  Cheesy




high fee / fast transaction
low fee/ slow transaction
Agreed that the transaction fees depends on the speed of transaction but my point is that why can't we have a set % for transaction fees which will be applicable for every exchanges and they should not fix it by there own.And Why can't we provide same speed of transaction to every transaction just to improve the system.Atleast money which we are giving to other exchanges must be taken to improve speed of in future for same price to everyone.

You are talking about exchanges not the blockchain. Exchanges can determine fees as much as they want. You can also use any exchange you want.
When you are send the coins from your personal address to another address, you can determine the fee.
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October 17, 2018, 08:38:14 PM
 #57

I think it should not be, as originally intended by Satoshi Nakamoto
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October 17, 2018, 08:38:45 PM
 #58

As for me, I don't have any ideal transaction fee for every bitcoin transaction. Just what I want is an attractive cost of transaction for every transaction wish to be made
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October 17, 2018, 10:06:30 PM
 #59

Bitcoin transaction fee shouldn't take majority of your capital but at least 0.1 percent to 0.5 percent is ok for me but paying 1 to 3 percent of fees for bitcoin transaction is not something I will do .
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October 17, 2018, 10:54:54 PM
 #60

Has anybody considered what the Bitcoin users want for transaction fees for their transactions? Yes, we can set the transaction

fees for our transactions in some wallets, but if you were given one set percentage of what you want to pay for transactions,

what would you choose? Let's say, this is based on the amount of bitcoins you are sending and not the transaction packet

size.  Roll Eyes

In the tax system, people with more money pay higher taxes and people with less money pay little or no taxes, so it would

make sense to apply this to Bitcoin too. {I am just playing Devils Advocate, because I know people will split tx's if this was

done.} Let's say they increase the amount, if it comes from the same Bitcoin address.... forcing people to use new Bitcoin

addresses and increasing pseudo anonymity.  Tongue

What percentage of your total transaction, would you be willing to pay for transaction fees, if this was done? {We might see

this with the future Bank Coins, because they like to do that.}  Cheesy



bitcoin transactions, I know, they use fixed prices, but different from what is applied by the market, which uses the percentage of fees as part of their profits. On the other hand, if this is a problem then it's better to use an altcoin that has the cheapest transaction fees like doge or ethereum classic

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