Recently reduced transaction fee

[mu_enrico]

The transaction fee has reduced because the number of transactions has reduced compared to lately 2017. After more people are interested in bitcoin, the transaction fee will increase again. The problem with transaction fees has not been solved yet.

I agree with this statement. Here's some proof https://www.blockchain.com/charts/n-transactions?timespan=all
With only ~200k transactions, btc network is almost the same as in 2016

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[heinz]

$0,27? i am using a segwit wallet and i did not even spent ten cents for a single transaction that got confirmed in less than twelve minutes after sending it, i think that bitcoin is more stronger than it has ever been, because fees are very cheap now

[budismile]

Benefits for Bitcoin users with its low cost transaction, this becomes an opportunity for bitcoiner to be able to transact as much as possible.
because if Bitcoin more expensive, then the transaction costs will be more expensive.
so let alone we wait, immediately make as many transactions.

[pooya87]

$0,27? i am using a segwit wallet and i did not even spent ten cents for a single transaction that got confirmed in less than twelve minutes after sending it, i think that bitcoin is more stronger than it has ever been, because fees are very cheap now

that is the problem with reporting fees in fiat terms (like USD) instead of using bitcoin. you are not sending $ to report the fee in $. so you should instead report them in bitcoin or better yet report them in satoshi per byte which is the most clarifying way of doing it.

for instance if i say i paid $1 for my transaction you can't tell anything about it.
but saying i paid 1 satoshi/byte that is more clarifying and shows that my tx size was 16393 bytes or 16+ kbyte. and shows that i am still paying a small fee.

[kucritt]

maybe in that time the traffic of the transaction is low so the fee that you need to transfer your money is small, and i think if there are many transaction on it the fee will grow up more and more. so if you want to send the coin, right now is the good time because the fee is low

[requiredto]

At different times of the day, charges may increase depending on the number of transactions being processed. There are also cases where the network is filled with spam transactions, although doing so at the present time will only be a serious attempt at making a point. I think the fees fluctuate over time. I have seen this happen in the past so I decided not to go ahead. I waited until 3am this morning and tried again. It made me feel relieved.

[vv181]

The decline in transaction costs will make Bitcoin better become the world currency. At the end of the transaction cost, bitcoin handling speed will increase, which will make people more desire to use Bitcoin.

currently, the scalability is the main issues until the lightning network implemented. I don't think cheap transaction cost satisfy mainstream. It's completely different when Bitcoin was congested. It still indicated bitcoin still has the scalability issues.

[swaggerkeme]

Transactions fees varies from one exchange to the other and one wallet to the other. Am sure you sent your transactions through the blockchain wallet because they charge the least transaction fees  from my experience.

[tamquocchi33]

Is it the truth ? If transaction fee reduced, that must be a very good news for today. Because Bitcoin transaction is really good and totally safe. With the reduction of transaction fee, I believe that there will be more and more people use bitcoin

[Daniel9140]

Bitcoin transaction fees has totally been reduced and this is a great thing for the industry and cryptocurrency at large. The fees were enormous as at last year and this made people begin to look for alternatives. But now that is reduced, this is a solid news

[kent47400]

depending on the value of the Bitcoin you sent, right.
the higher and the more Bitcoin you send, the greater the cost.

suppose 0.1 Bitcoin is sent, it costs around 50,000 satoshi.
1 Bitcoin is sent, it might cost around 100,000 satoshi.

[IndigoRed]

The decline in transaction costs will make Bitcoin better become the world currency. At the end of the transaction cost, bitcoin handling speed will increase, which will make people more desire to use Bitcoin.

Exactly. This just proves how bitcoin transactions are more practical and efficient to use –all important features of a future, digital currency

[Raja_Salman]

Hmmm....this is really great

How sweet could it be if it will be and continue like this.
Yesterday i wanted to send 200$ to my trading wallet and i saw just 0.27$ as the transaction fee.

Unbelievable!!!

if that happens I think it's good and positive news and maybe investors' interest will be even greater in investing

[ntodntodan69]

If it happens like that it might benefit us who save to the wallet, but admin fees can occur following the state of the bitkoin rises! maybe like that !

[elwiswoodie]

0.27 it's very cheap, lastly I used Bitcoin to buy goods from someone in Europe, using a fee of 15 USD
BTC price is 15k USD, and fee is 0.001
maybe now I am again interested in using BTC again after learning that the transaction fee turned out to be cheaper

[kesmex]

maybe that's because not many people make transactions, so making transaction costs small, but I think if many people make transactions, transaction costs will also increase again.

[gunungkembar]

yes you are right the fee is currently very cheap because the current bitcoin transactions are so small that it makes bitcoin very cheap when sending, the cost of bitcoin will be very expensive when bitcoin transactions are crowded.

[rodskee]

Hmmm....this is really great

How sweet could it be if it will be and continue like this.
Yesterday i wanted to send 200$ to my trading wallet and i saw just 0.27$ as the transaction fee.

Unbelievable!!!

That's a good news and that is also fair for us during time of price decrease during the bitcoin value dropping
And hope all exchange follow to the exchange do you use give low cost transactions fees as consediration at this recent dropped value of cryptocurrency.

[Sevarchik]

I am start thinking what btc is really currency with their advantages (fast and cheap transactions) only when price low and people lose interest for him.

[Vladislav2306]

This is because of low amount of transactions today. The highest price for transaction fee was in January 2017, when the capitalization of the market was the biggest of all time.