Do you sometimes get irritated by excess bitcoin fees ?

[khiholangkang]

Especially at times when there is so much congestion, the fees increase by large amount. For small transactions, the fees is more than the transacted amount. Does it irritate you sometimes or you are fine with it ?

Maybe if I am active in transactions using bitcoin, this will be quite annoying, because I need to spend a large enough gass fee if I often make transactions using bitcoin, it will be inconvenient for my wallet.

But I only use bitcoin to become an investment asset, so I don't need to worry about transaction fees, because I very rarely even only once a month buy bitcoin and then transfer / store it in my wallet, so I have never been bothered by the increase in bitcoin transaction fees, honestly if it is very difficult for you, the lightning network can be a laternative solution for you.

[Z390]

Especially at times when there is so much congestion, the fees increase by large amount. For small transactions, the fees is more than the transacted amount. Does it irritate you sometimes or you are fine with it ?

Since when? The last time I felt this way was when Ordinals are still very new and stupid people are jumping on the wagon to have a piece, it was very tough to make some transactions back then but after a while everything returned to normal so we shouldn't be having this conversation right now.
If the same thing happen somewhere in the future all you can do is abstain from making small transactions using Bitcoin Network, and its a good thing that Bitcoin has lightening network too, this is a great option to escape high transaction fee..

[coolcoinz]

Literally never. Yes, I did not like how idiots were paying hundreds of dollars in fees, effectively blocking payments for others, but I knew this was going to pass and these people will realize they lost money.

It's like when the herd is stampeding you can either try to stop it, go with it, or stand on the side watching. I choose the third option.

Fees are great right now. If you have old UTXOs it's a great idea to consolidate at the moment, because if we go to a new ATH later this year you're going to face much higher fees.

[BitMaxz]

Higher fees seem seasonal it always happens when near or after block halving why would you be irritated if the fees are high you can just make a new transaction for the next few days I'm sure fees would drop and always consolidate your Bitcoin if you have multiple UTXO to decrease the size so that in the future if the transaction fees become congested again you won't pay a huge fee.
And take note as you can see on the current recommended fee these days it's pretty cheap so why worry much about fees?

[passwordnow]

Literally never. Yes, I did not like how idiots were paying hundreds of dollars in fees, effectively blocking payments for others, but I knew this was going to pass and these people will realize they lost money.

Unlike you, I hate it when I see the fees go up. But there's the counterpart of it as the price seemingly high as well when that time comes. And as you've said, there are people willing to pay that much for the fees. They've got no chill and probably those transactions are urgent and they don't mind paying hundreds of bucks just to get a confirmation as what the network requires.

If that times comes again, I'll spend my time not looking at the fees at the moment. I'll wait before I do a transaction, no matter how many days it will take. I'd be patient because that's the only solution that we can do if we want to avoid paying the crazy fees. There is no other trick than not making any transaction and wait for the network to declog all of those spams from ordinals, brc20s and etc.

[darkangel11]

None of us likes high fees and unfortunately the system is open for manipulation due to how decentralized and accessible it is. There's no incentive to overpay though. If you want to spend money to make transactions slower for other people, like CSW and Roger Ver did once, you can. You can spam the network with dust transactions, paying more and more in fees, effectively donating to miners, but what's important, you can't do that forever. Eventually you will run out of money and fees will drop.

[PrivacyG]

Especially at times when there is so much congestion, the fees increase by large amount. For small transactions, the fees is more than the transacted amount. Does it irritate you sometimes or you are fine with it ?

If I was a Billionaire, maybe I would not care.  But I think we all do at this point.  It is frustrating for most of us.  I have a few Exchanges I really wish I could give a try and Review, and I have a few Transactions to make too.  There is also Bitcoin I want to consolidate.  But I put them all on a list and am waiting for really low Fees so I can finally start.  I see no point in doing it now while Fees are high, it is a waste of Money.

On the other hand.  I bet there are many more people just like me, waiting for the best opportunity to start moving Bitcoin.  The more people waiting for it, the quicker another congestion would come.  So it remains to be seen how well Bitcoin does during the next blockage for us the Poorer of the Bitcoin Owners.

[EL MOHA]

Especially at times when there is so much congestion, the fees increase by large amount. For small transactions, the fees is more than the transacted amount. Does it irritate you sometimes or you are fine with it ?

There is no one that actually enjoys paying higher for a thing that they could ideally have gotten cheaper, although there is nothing that can be done even though we know some of this hike in fees of recent are deliberate act but we can’t simply just filter them because it will affect the network decentralized nature. I don’t even buy the idea of using bitcoin to make transactions involving smaller amounts except if is the only possible option or the best option like cases of cross border transactions.

The thing is irritating but I find a good side to it that it is an incentive to the miners which is kind of a way to help the network.

[_act_]

To be honest with you, I wish there is alternative to this problems but when you complain, some Bitcoin supporters comes for you like you don't like Bitcoin. I like Bitcoin with all my heart, no digital currency comes close when it comes to everything about it but you see this congestion, it sucks when there too many transactions on the network and you are left with no choice than to wait because the asking fee is even bigger than what you want to send to another wallet.

If you read my post, you will not be annoyed anymore. Go to the third post and see what I posted. That you can use lightning network wallet. There are many among them that are newbie friendly. Also there are many exchanges that have it. But let me include another one which is liquid network. It is pegged to bitcoin price. You can also use it. Wallets like Green and Aqua support the liquid network. The fee is also low but it is not exactly bitcoin but a peg.

[Maslate]

Annoyed, of course, and it made me have to pay more on the transactions I made.
And it also depends on how much Bitcoin you want to send, if the amount is quite large or for example 1 BTC with a fee of about $10 it is still good enough and the important thing is that there is no traffic jam that is too severe.

What is annoying is when transactions are very stuck due to the increase in the number of transactions that are usually caused by Ordinal, BRC20 or Rune so that the fees are also expensive, and the transaction time is longer.

I just choose not to make any transactions when network congestion occurs.

Probably, that's the best thing to do, delay the transaction as much as possible to avoid paying high transaction fees. However, if you are in extreme need of funds, it's either you just swallow and accept the amount of transaction fees, or you just chose to hold first and be more patient if you can, otherwise you'll end up borrowing to some of your friends and pay them when the transaction fees returns to normal.

[Lanatsa]

Especially at times when there is so much congestion, the fees increase by large amount. For small transactions, the fees is more than the transacted amount. Does it irritate you sometimes or you are fine with it ?

Not at all yet paying up a dollar maximum would really be just that fine but on the moment that fees did reach up as high $200 as far as i remember then this is the time you would really be saying that it sucks.  
This is why on the time that you would really be seeing that fees are high then you do only need is to wait up and make yourself let those fees subside because network congestion doesnt really last up that much or something that wont really be taking up too long. Somehow if you are somewhat rich then these kind of fee amount wont really be bothering you since you could really actually afford specially on the moment that you are rushing up yourself on confirming a certain transaction. If you are someone who do only have that small amount then you would be finding up these fees to be high.

Therefore, your option on this kind of situation is neither to wait or make use of alternative coins with cheaper fees if you are in a hurry but if you could be able to wait up then
this wont really be an issue since network congestion would really be that subside. So it would really be just that basing up into your own preference on this case.

[Distinctin]

Especially at times when there is so much congestion, the fees increase by large amount. For small transactions, the fees is more than the transacted amount. Does it irritate you sometimes or you are fine with it ?

In all honesty, no one wants to see or experience paying high transaction fees, but we can't do nothing about it since it's kinda unavoidable in the market. There are really times that we can't help but seeing the network highly congested, and all we have to do is just to wait and let it cool down or gets back to normal.

However, this could serve a lesson at some point that we should not used up all our fiat funds and as much as possible, have a good amount of balance in our bank account or even in our wallet, so that when this scenario comes, we will never gets hysterical knowing we do have all our bitcoin funds and yet we can't do fine withdrawals just because of the annoying high transaction fees.

[uchegod-21]

Since high fees are temporary why kill yourself worrying about it when you can just stay off transactions in the main time while it gets over?

Not a nice solution. Staying out of transaction makes it look as if we just do transactions for jamboree. Like it is not a necessity and you just do it for fun.
When you are actually indeed of cash and you understand that you are stocked because of transaction fee that is when you will realise what is happening. People who use exchanges will not understand what people are passing through in the mempool.

And of course people do use other network when it's very urgent because definitely bitcoin is not a cult so we don't have oats holding anyone to use only the bitcoin network.

Yea, since the congestion is becoming more often, it is time everyone should have an alternative. Either patronizing the CEXs or using other coins.

[Dr.Bitcoin_Strange]

Since the previous Bitcoin transaction fee hike that happened a month  ago, we have not experienced a spike in fee for more than 3 months now. Even the transaction fee for today is still moderate. The high transactionfee of Bitcoin doesn't happen all the time, and anytime it happens, I don't think everyone feels happy about it, but we usually hope for it to go normal again within a short period of time. Most of the of the time, it's usually the ordinals that cause the fee to skyrocket. 

[tranthidung]

Since the previous Bitcoin transaction fee hike that happened a month  ago, we have not experienced a spike in fee for more than 3 months now.

Your post contradicts each other!

The high transactionfee of Bitcoin doesn't happen all the time, and anytime it happens, I don't think everyone feels happy about it, but we usually hope for it to go normal again within a short period of time.

When Bitcoin mempools loaded too much, it usually takes several weeks to clean up but with appearances of Ordinals and BRC20 tokens last two years, when mempool congestion happens, it often takes several months like 3 or 6 months to return to previous "normal" level. It takes longer time than in the past, before Ordinal waves on Bitcoin blockchain.

https://jochen-hoenicke.de/queue/#BTC,1y,weight
Inscriptions, mempools, and miners

[dansus021]

Do you sometimes get irritated by excess bitcoin fees ? the real answer is yes, especially for the person like who depends on bitcoin for a living hahahah. I mean if the fee still around 10 for me that normal but if go beyond 30 that absolutely insane and can be happening a lot.

If you still remember there is a case that bitcoin fees is crazy because some dev are launching nft on the bitcoin network called sats rats etc that basically a memecoin using BRC20. People are flooding the network and pay whatever fee it takes to get 1 confirmation and the fee is going to 100-250 vbyte per tx

[taufik123]

Probably, that's the best thing to do, delay the transaction as much as possible to avoid paying high transaction fees. However, if you are in extreme need of funds, it's either you just swallow and accept the amount of transaction fees, or you just chose to hold first and be more patient if you can, otherwise you'll end up borrowing to some of your friends and pay them when the transaction fees returns to normal.

Although in an emergency, I would only choose to wait a little longer when the network is normal enough.
I once had a transaction that was stuck for more than 24 hours, and it was with a very expensive fee,
around $25 and I even made the mistake of trying to cancel the transaction where there would be another fee, so this got worse.

It is better to wait until the network is normal, it will not be long than the transaction is stuck, and it is annoying it is better to wait.

[krishnaverma]

I have learned not to be over-troubled by what I don't have control over.

That is how to look at things positively. There can be other approaches to this problem as well. Like the bitcoin community raising a united voice against this and may be working collectively for some solution. The idea you gave might be good to keep mind calmed but it can also be said that this approach is to just accept a problem as it is and never look for solution.

[Webetcoins]

Annoyed, of course, and it made me have to pay more on the transactions I made.
And it also depends on how much Bitcoin you want to send, if the amount is quite large or for example 1 BTC with a fee of about $10 it is still good enough and the important thing is that there is no traffic jam that is too severe.

What is annoying is when transactions are very stuck due to the increase in the number of transactions that are usually caused by Ordinal, BRC20 or Rune so that the fees are also expensive, and the transaction time is longer.

I just choose not to make any transactions when network congestion occurs.

We really need to figure out a way to get rid of all of this, because if this rune or BRC20 type of stuff continues then we are going to get into a lot more trouble and the fee will keep on being a lot more higher.

Just like how the whole market decided that segwit was needed and added that and we are dealing with that now, we could still move away from BRC20 as a whole market and make that impossible, so that people could have lower fee. We need lower fee because I do agree that 1 btc transaction costing 10-20 is fine, but sending 10-20 dollars should be possible with bitcoin, we need to be able to send 10 dollars, paying less than a dollar, within less than 3-5 minutes.

As long as that's not possible with bitcoin, then we are too expensive and too slow, it may look like it's impossible right now, but if we stayed with legacy then we would have 100+ dollar transaction cost by now, so we know how to make it cheaper and faster, we just need to do it again. I am not a coder so I do not know how it can be done, but there are millions of people out there who use bitcoin everyday, I think some of them could come up with something that could help us with this situation if we just listen to them.

[m2017]

Any fees that are excessively high (different from the norm) will only irritate and create an additional burden on your own "wallet". I am sure there is no such abnormal person in the world who would be satisfied with this and like it.

Especially at times when there is so much congestion, the fees increase by large amount.

Have to put up with this and take this unpleasantness into account when interacting with bitcoin.

For small transactions, the fees is more than the transacted amount.

In such cases, I don’t see any point in using bitcoin and alternative solutions should be considered. Fortunately, this is a temporary phenomenon.

Does it irritate you sometimes or you are fine with it ?

Ok. If I say that it is irritating and I am not fine with it, what solution can you offer? I will answer for you: none. So, for now, everything remains as is.