Are zero transaction costs possible?

[jeffer8035]

I believe that it is possible in the future to eliminate in the now the rates are high in the small transactions the truth is that the miners already earn bitcoin in the future when this high the bitcoin should not charge them nothing the exchanges also charge for take out ls coins and they win with us for each effective transaction should not charge so much when you withdraw our coins there are many alcove that are creating portfolios in which one pays zero but of course in that single currency the nice thing would be an exchange between currencies outside of the exchanges that the fit was minimal

[Tr2nkh0nh101]

I think the fee fee to be maintain the coin coin with that is profit for their. However if it is too high does not good. which is the user of the transaction

[Generaldiscussion]

You can try coinb.in to create your deal for the fee you want to include. Unfortunately, most e-wallets and online exchanges charge a lot, but that's their bad policy.

[Olayinka225]

As you can see lately that the cost of transaction fee have greatly reduced. In that we might move to the era of zero transaction cost even its not actually 0 it will be closer to 0 and the it does not get clogged again.

[Kakmakr]

The transaction is possible, but it is not profitable for the miner to continue mining IF everyone is doing this. The Block rewards and the Miners fees are the only incentive for these miners to continue mining and if we remove this, then all miners will stop their mining activities. You have to remember that with every Halving, the Block reward is smaller and at one stage in the future, the miners will only be mining for the Miners fees, so this has to continue for this experiment to succeed. 

Dropping a few cents towards Miners fees, is an investment in the future of Bitcoin. 

[ParveZ219]

What do you think, is it possible to have zero transaction costs for bitcoin/altcoin. At the moment there are many fees and are they justified and impossible to get around or is it possible to reduce or even remove them in the future?

Some wallets like segwit,green wallet,mycelium they are providing too much low transaction fees...But zero transaction is not possible....there must be transaction fees....but coinbase is providing zero transaction fees when transferring from one wallet to another coinbase wallet...So if everyone starts using coinbase then transaction fees will come to zero...

[Sample2]

What do you think, is it possible to have zero transaction costs for bitcoin/altcoin. At the moment there are many fees and are they justified and impossible to get around or is it possible to reduce or even remove them in the future?

Based on the blockchain technology, I think that 0 fee is impossible, when there is no fee so what the miners will get??

[brightology]

I have not experienced such scenario before, because every of my transaction has been changed, with amount of token I'm transferring to, which such case no fees are charged and it went successful, i think is not possible.

[xanaxxx]

What do you think, is it possible to have zero transaction costs for bitcoin/altcoin. At the moment there are many fees and are they justified and impossible to get around or is it possible to reduce or even remove them in the future?

you don't want zero fees because it would take incentive from the miners and they're necessary to maintain the network by confirming the transactions on the blockchain

[sunsilk]

What do you think, is it possible to have zero transaction costs for bitcoin/altcoin.

I experienced this before, there's no fee for real with bitcoin transactions and I enjoyed sending amounts before. Time flies so fast and upgrades are happening.

It's still happening, if you are using a local wallet sent to the same local wallet address = no fee.

At the moment there are many fees and are they justified and impossible to get around or is it possible to reduce or even remove them in the future?

You can set your own fee depending on the wallet you are using. They give the "recommend fee" which you can receive it with a good ETA.

[talkbitcoin]

There are some other altcoins that offers zero or near-zero transaction fees. As for BTC, it's really needed to reward the miners.

both statements are kind of wrong.
first these altcoins aren't really used so you can't really talk about their fees. miners have no other choice but accept whatever people are paying them or not in fees. so having zero or near zero fees doesn't count for them.
second the fee we are paying miners is NOT needed to reward miners they are already receiving $78000 per block they find. they don't need the fees now.

[franciscoDC]

I could`nt say yes,because collecting the fee by many transaction such like a paying tax in the government,So many of those token or altcoins that using blockchain ,is this is the way how they`re collecting taxes from them.

[johnwest]

Rather than possible, Its not feasible for miners to confirm that transaction. Think for yourself being a miner. Why will you work for free after investing heavily into hardwares and also electricity costs.

[tegarp90]

What do you think, is it possible to have zero transaction costs for bitcoin/altcoin. At the moment there are many fees and are they justified and impossible to get around or is it possible to reduce or even remove them in the future?

If it's possible, bitcoin will surely will be the only currency in this world.
But i think it's impossible cause the network build is need money to stand last

[Gypat]

I don't think it is. The transaction cost are used to run the Ecosystem and to sustain it. I don't know how possible it is to completely remove  it. It may possibly lead to a collapse of the system

[xenxen]

posible if the transaction is bitcoin to bitcoin there's applications that can transac with 0 fee. but if tha transaction is bitcoin to altcoin its imposible to transac without a fee..

[maman09]

What do you think, is it possible to have zero transaction costs for bitcoin/altcoin. At the moment there are many fees and are they justified and impossible to get around or is it possible to reduce or even remove them in the future?

I think it is impossible, there are mechanisms and processes that require a fee in every transaction. I think you realize that
although I do not understand the mechanism but that's the fact that happened

[Emjohn.]

I think it is impossible to have a zero transaction fee since every process needs to be paid and has a certain amount that should be paid depending on how difficult it is to be processed. In this world there's nothing free, they may say it's free but there may be a hidden charge or something else.

[cpoer2011]

In my opinion it can't be happening for bitcoin transaction with zero fee because bitcoin transaction need fee for the miner. The fee is for the miner as to cover their effort to mine bitcoin.

[Wexnident]

Honestly, I don't think so that there is such a free or zero cost of transactions fee because I think the fees that we pay is the way that one company or organization are made just to have a business profit. Any association, organization or companies are applicable to get a fees for their services offered so I think at this current time it's impossible to have free or zero fee if we doing or making transactions.