The transaction fee is just ridiculous.

[thejaytiesto]

How do you pretend the system to work without fees? The miners will need fees or the system will collapse.

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[vervolioman]

How do you pretend the system to work without fees? The miners will need fees or the system will collapse.

Definitivelly the fees will be needed after few next block reward halvings. Today not much important when block reward is 25 BTC and fees about 0.2 BTC 

[cr1776]

Well, if you think that Armory is enforcing unfair fees, then you can switch to a different wallet.

Each wallet has a different approach to fees. An example is that Bitcoin-QT has a compulsory 0.0025 BTC fee with each transaction (when I last checked), and Blockchain.info's wallet has a custom fee you can change, but the fees of previous transactions may build-up to hit you in a later date.

This has never been the case that EACH transaction sent from QT required a fee. You have always been able to send zero fee transactions with QT or Core without a fee.  And depending on size and age they'll likely confirm quickly. (And you can even send spammy transactions, but most miners won't include them in a block.)

[toleng]

Well, if you think that Armory is enforcing unfair fees, then you can switch to a different wallet.

Each wallet has a different approach to fees. An example is that Bitcoin-QT has a compulsory 0.0025 BTC fee with each transaction (when I last checked), and Blockchain.info's wallet has a custom fee you can change, but the fees of previous transactions may build-up to hit you in a later date.

If you are paying a .0025 BTC fee with QT with a TX with one input and two outputs then you probably have a setting messed up. QT allows you to set the default fee and it can be set to zero if you wish

[Dabs]

Bitcoin Core soft-fork "No Forced TX Fee" v0.9.2.1 avaiable
https://bitcointalk.org/index.php?topic=22434.0

It should get an update soon.

[ellen_me]

Well, low fees will be great together with fast/instant transactions. Than no fees and a chance of a failed transaction.

[Dabs]

You have two choices:

1. Can it wait? If you can wait a day or two, send with no TX fee.
2. Is it important to be confirmed soon? Spend with the 0.0001 TX fee.

If I'm just sending to a friend, or someone who trusts me and they don't really need it immediately, we can agree on not adding the TX fee. I did that once, it took less than a day, but more than a few hours.

It's not worth it for most transactions, no matter what, to avoid the fee, so I now include the minimum fee almost all the time. It gets a confirmation in the next block or 2.

[kingscrown]

i pay the fee but indeed i usualy sendm ore than 0,5BTCor microtransaction.. dont kill me.. LTC is better

[a447513372]

You have two choices:
2. Is it important to be confirmed soon? Spend with the 0.0001 TX fee.

Unless you are only sending ~$1.25 or less worth of bitcoin the TX fee is more efficient then using a credit card.

Once you are sending ~$10.00 worth of bitcoin the TX fee is really not much more then a rounding error

[waser12]

Why ridiculous?! Paying fees allows a more fast transaction.

[bryant.coleman]

I believe that now it is time to scrap the tx fee. The miners are hardly getting any benefits out of the transaction fee and the opponents of Bitcoin are using it as a weapon to attack the Bitcoin community.

[pitham1]

I believe that now it is time to scrap the tx fee. The miners are hardly getting any benefits out of the transaction fee and the opponents of Bitcoin are using it as a weapon to attack the Bitcoin community.

I am sure the spammers would love that.

[cr1776]

I believe that now it is time to scrap the tx fee. The miners are hardly getting any benefits out of the transaction fee and the opponents of Bitcoin are using it as a weapon to attack the Bitcoin community.

I am sure the spammers would love that.

They would.  And it won't happen anyway!  ;-)

And, has been stated, you can always use no fees depending on the age of coins etc.  Opponents of bitcoin only use it to attack bitcoin in front of people who don't know any better, so education regarding free transactions is key.

Sidechains are also going to be very important.

[BitcoinHeroes]

I believe that now it is time to scrap the tx fee. The miners are hardly getting any benefits out of the transaction fee and the opponents of Bitcoin are using it as a weapon to attack the Bitcoin community.

Transaction fees are what are going to support the miners and give the miners to continue to mine over the long term. The block subsidies are meant to be temporary and over time will be less and the percentage of total rewards should decrease

[btcshare]

I don't know there is a wallet without fee,thanks for reminding me about that!

[awesome31312]

I think the wallet clients want to take some

Everyone wants a cut

[Dabs]

I believe that now it is time to scrap the tx fee. The miners are hardly getting any benefits out of the transaction fee and the opponents of Bitcoin are using it as a weapon to attack the Bitcoin community.

Transaction fees are what are going to support the miners and give the miners to continue to mine over the long term. The block subsidies are meant to be temporary and over time will be less and the percentage of total rewards should decrease

Over the next hundred years? Sure, that's temporarily long, it's almost permanent. I can't look past two or three block halving eras into the future, but we shouldn't be worrying about transaction fees as payments to miners for the next 4 to 8 years yet.

[07Ghost]

If they charge no fees, how can they run the platform

[awesome31312]

If they charge no fees, how can they run the platform

Then they shouldn't claim to be free

[moko666]

tx fees helps you to process your transaction fast
als in future when bitcoin block rewards will dropped then Tx fees will be a way to get bitcoin other then mining