Your Experience with Bitcoin Fees?

[BaeNaNa]

From my experience the fee and the network condition right now is really good, if you already in crypto last year then you'll remember when the network is clogged and the transaction fee is really expensive especially when the price of bitcoin rise a lot. Right now it's clearly much better but we won't know if the they spammed the network again.

[Cripinggedang]

I don't have enough experience about bitcoin. maybe you want to share your experience

[Juggy777]

I just did a transaction where I paid 1 cent in fees and it confirmed on the next block. Not only that but the next block came within half a minute of me doing my transaction.

The whole thing was almost implausibly good.

Generally, I always worry about fees but they never amounted to much in my experience of bitcoin. I don't do anything special. I use the latest stable version of bitcoin core and let it calculate the fees for me, I just use default settings.

According to bitinfocharts the average is $1, but my transaction of 160 something bytes only took 0.01 cents.

According to https://bitcoinfees.earn.com/ I should have paid 4 satoshis per byte, amounting to 0.04 cents.

I have been doing a few transactions myself, and I use Electrum wallet, and I never bother to set up fees as it selects the lowest fees always. A few days back I was paying slightly higher fees, and these days it's barely few satoshis, but transaction confirmation is taking longer than a day. It's good to see the blocks are being mined so quickly, and confirmations are happening so fast, I'll test again soon and post how long it took.

[A Feeder]

I'am not have an experience to bitcoin fees but based to some news that I heard and read bitcoin fees is not good at all because it was lower than before and faster than before. That's why many users are making decision that they hold their coins until it go bad to the old price.

[pokang13]

So far, I had a great experience with bitcoin fees.I find it convenient and efficient.If you have digital wallet with bitcoins, you will just click it and instantly you can pay and transact.

[LorenoCoin]

The fees are un 0.0005 btc in Binance

[Phan Long]

Low transaction fees are one of Bitcoin's strengths. Bitcoin transactions are quick, easy, convenient, and low transaction costs. That makes it go beyond traditional trading, and everyone wants to turn the traditional way into virtual currency trading to save money.

[Kprawn]

I made a small purchase today and I paid $0.55 in fees and it confirmed within a couple of minutes. I was lazy, so I used

the highest default fee in Electrum. I used a lower fee for many other tx's and all of them confirmed, so I guess even the fees

on the Legacy Bitcoin addresses are cheap and fast these days.  {I had some leftover coins in that address and I paid for

something at a local retailer and it was still a good experience} 

[r32godzilla]

Well i could not forget those bitter days particularly during last Christmas if I'm not wrong,i had to pay a terribly high fee for getting my transactions confirmed as thousands of unconfirmed transactions got marched due to more miners switching to mine Bcash.That was actually a double side attack on bitcoin by switching miners to mine Bcash instead of bitcoin and at the same time vigorously pumping Bcash by roger ver and his team to show Bcash as the true bitcoin.But now thanks to segwit activation,all things have become surprisingly normal.

[bitbunnny]

Well i could not forget those bitter days particularly during last Christmas if I'm not wrong,i had to pay a terribly high fee for getting my transactions confirmed as thousands of unconfirmed transactions got marched due to more miners switching to mine Bcash.That was actually a double side attack on bitcoin by switching miners to mine Bcash instead of bitcoin and at the same time vigorously pumping Bcash by roger ver and his team to show Bcash as the true bitcoin.But now thanks to segwit activation,all things have become surprisingly normal.

I remember the time of terrible fees too and at that moment I thought this will never end and probably get even worse. And for each transaction I was worried if and when it will be confirmed. That was one of the bigest issues Bitcoin had and a nightmare for users.
Fortunately this came to the end and now we have to admit that fees are quite reasonable, transactions are confirmed quickly and the number of unconfirmed transactions is realy small.

[dewi91]

Based my experience bitcoin fees has improved a lot especially if we compare with bitcoin fees in the end of last year, last year bitcoin fees ever reach 30-40$ eventhough your just send 50$ in btc, may be the price also influence bitcoin fees. When bitcoin price reach highest value, bitcoin fees also increase significantly.

[Cryptogid]

My first bitcoin fees experience was too bad,like high,but now bitcoin transaction fees is actually moderate and favourable now..

[fosco333]

I just did a transaction where I paid 1 cent in fees and it confirmed on the next block. Not only that but the next block came within half a minute of me doing my transaction.

The whole thing was almost implausibly good.

Generally, I always worry about fees but they never amounted to much in my experience of bitcoin. I don't do anything special. I use the latest stable version of bitcoin core and let it calculate the fees for me, I just use default settings.

According to bitinfocharts the average is $1, but my transaction of 160 something bytes only took 0.01 cents.

According to https://bitcoinfees.earn.com/ I should have paid 4 satoshis per byte, amounting to 0.04 cents.

Bitcoin fee is indeed quite high, but i think it is because the price of bitcoin is already high.
The other altcoins are indeed have a cheaper fee, for example Litecoin. It have very cheap transaction fee.

[ranman09]

Hi guys. Join millions of people around the world who makes 50% monthly or 25% in 2 weeks profit by donating BTC to one another. ...

Do I look high too you?
A profit from donating money to each other? That is the weakest attempt to scam I have seen a while.

Back to the topic. I use BTC all the time. My last purchase was last night and I paid about $0.06 to spend about $150.00 The people who talk about how bitcoin costs so much are people who do not use bitcoin.

This is by far the most revealing scam I have seen in my whole life. hahaha

Bitcoin really decreased in transaction fees nowadays maybe it is also because users of bitcoin/the network decreased?

[Crungcrungtin]

it's very low than i expected