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Author Topic: future bitcoin transaction fees  (Read 1696 times)
s2sallbygrace
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July 06, 2018, 11:44:31 PM
 #41

I guess transaction fee will go back to a high proce again once the value of cryptocurrency or bitcoin bounce again because I think fee also depends on a high and low value of bitcoin. That's the reality we have to accept, if we don't pay the fee no matter how much is it we can not pursue the transfer transaction. I just hope there is someone who can do something about this because despite their higher fee their transaction is very slow.

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July 17, 2018, 07:03:23 PM
 #42

Crypto market is fully infected for price based on this many coins are trying to recover somehow this tragedy based on this people of investors are getting facilities that they can do transactions at low price also its very good news for users . Based on this situations we need to invest more.
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July 24, 2018, 03:42:32 AM
 #43

I believe that bitcoin transaction fee will decrease in near future because they want to attract more and more people to come to bitcoin and use it.
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July 24, 2018, 09:06:50 AM
 #44


Currently the cost of bitcoin transactions is very cheap due to the relatively small amount of transactions, moving 48,000 bits per 4 cents, very cheap compared to December 2017 at some time up to $ 50 due to too many transactions at that time. . However, when the market recovers, there will be many transactions to be made and then whether technologies such as Segwit or Lightning network will help bitcoin trading faster and transaction costs do not become expensive. or not?

Do you know why on december bitcoin price was expensive ? It was because the price of bitcoin. The price was skyrocketing at december 2017,
so the bitcoin fee is very high too. Many peoples bought bitcoin because they didn't want to left by the hype train, many transactions have been made so the fee high.

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July 24, 2018, 09:13:45 AM
 #45

I believe that bitcoin transaction fee will decrease in near future because they want to attract more and more people to come to bitcoin and use it.
It's unpredictable, if there will be another attack or spam to the network it will cause the same congestion to make the fees expensive again last December.

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shesheboy
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July 24, 2018, 09:16:44 AM
 #46


Currently the cost of bitcoin transactions is very cheap due to the relatively small amount of transactions, moving 48,000 bits per 4 cents, very cheap compared to December 2017 at some time up to $ 50 due to too many transactions at that time. . However, when the market recovers, there will be many transactions to be made and then whether technologies such as Segwit or Lightning network will help bitcoin trading faster and transaction costs do not become expensive. or not?

Do you know why on december bitcoin price was expensive ? It was because the price of bitcoin. The price was skyrocketing at december 2017,
so the bitcoin fee is very high too. Many peoples bought bitcoin because they didn't want to left by the hype train, many transactions have been made so the fee high.

Thats right.  The price of transaction fees will also be dependent on the value of bitcoin . that is the reason that the fees last year are more expensive than the fees today .    right now , we cannot predict what will be the transaction fees on the future because bitcoin will always be volatile  .

@op , if fees is you only concern when using a bitcoin , then i suggest youd better use some other alts like dash or litecone because those alts were known to have a cheap fees plus , their procesing time is also more faster because they are less indemand than bitcoinm
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July 24, 2018, 09:30:06 AM
 #47


Currently the cost of bitcoin transactions is very cheap due to the relatively small amount of transactions, moving 48,000 bits per 4 cents, very cheap compared to December 2017 at some time up to $ 50 due to too many transactions at that time. . However, when the market recovers, there will be many transactions to be made and then whether technologies such as Segwit or Lightning network will help bitcoin trading faster and transaction costs do not become expensive. or not?

Speaking about transaction fees in converting Bitcoin to fiat currency or transferring BTC to BTC, I agree that it would be expensive once it moons. As of now, Bitcoin has high liquidity because it's still a "bubble" in most of our eyes. I just don't know about lightning though, in which it could make Bitcoin transactions faster than ever. However, I just don't know if it has also the capability to maintain its fees. Just my two sats.
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July 29, 2018, 09:46:11 AM
 #48

Btc should reduce their transaction fees.
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July 29, 2018, 09:47:51 AM
 #49

Not only reducing transaction fees but also the the speed of transaction should be increased.
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July 29, 2018, 09:49:27 AM
 #50

Well i have no complain with the transaction fees. I concerned about the rate of transaction.
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July 29, 2018, 09:51:32 AM
 #51

In future btc authority will definitely reduce the transaction fees.
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July 29, 2018, 09:56:37 AM
 #52

Lightining network and Segwit  will make the price down in future which will be more faster. Transaction fees are also deceny if you compare with other assets on markets nowadays.
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July 29, 2018, 10:01:34 AM
 #53

it does not seem to matter. when prices rise, and trading volume rises, it will not make bitcoin transactions slower, or with large fees, will not make bitcoin transactions any faster.
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July 29, 2018, 10:05:28 AM
 #54

In my opinion. in the future, bitcoin transaction costs will continue to be adjusted along with the development and growth of crypto transactions. so it is possible to create rules and policies about the cost list so that it can be applied to all crypto exchange sites.

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July 30, 2018, 11:07:49 AM
 #55

Btc transaction fees are very high need to reduce.
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July 30, 2018, 11:11:40 AM
 #56

Btc is for all. But it seems the transaction fees are for rich only.
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July 30, 2018, 11:23:19 AM
 #57

Bitcoin is on the rise right now. I don't know whether it will be even higher in the following periods. However, as the price increases, the transaction fee will increase. It has to come to some more reasonable levels.

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September 24, 2018, 09:02:25 AM
 #58

If we do not pay the fee no matter how much we can not pursue the transfer. My opinion. In the future, bitcoin transaction costs will continue to be adjusted along with the growth and development of cryptographic transactions.
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September 24, 2018, 04:34:42 PM
 #59

I think from the next rise that will happen to all the currencies we will see a rise in all the prices
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September 24, 2018, 05:38:03 PM
 #60

More and more exchanges based on SegWit are expected to have a significant impact on the bitcoin transaction fees. Bitcoin transaction fees have fallen more than in 2017. A user on Reddit reported that he has transferred $ 16,000 to 2 BTCs with a transaction fee of only $ 0.20. Perhaps the bitcoin trading network is now clearer, and codec trading platforms have now begun to reduce transaction costs to the lowest level to compete against each other. On 1 March 2018, Binance fell 50% to 0.0005 BTC per withdrawal. The next day, Bitfinex did the same thing for a fee of 0.0004 BTC per withdrawal. And ShapeShift is the most shocking with a fee of 0.0001 BTC per withdrawal.
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