Fees are so high. what can we do?

[Batch18-19]

If your transaction is not urgent then you can wait a while.  Because after a few days, I hope that the free bitcoin transaction will come down a lot.  So in my opinion there is no need to deal with such a high fee at present.  If you wait a while, the fee will come down a lot.

[rizqillah]

During April, I saw a tremendous increase in bitcoin transaction fee. I think there are enough people who want to make fast transaction that they are willing to pay miner more than usual. Quite a few people seem in a hurry to get their turn for confirmation in the next block, so anyone who wants to send a small transaction has to be patient for a longer turn. I hope the mempool can be cleaned up as soon as possible, but if the panic of trader and investor continues then maybe these expensive fee will last longer.

So, i suggest you if you are a small trader then use other block chains then bitcoin block chains. There are many other block chains that are still very cheap for making transactions.

I think we can do nothing, jut wait or you can choose other coin with another smart contract platform, not ERC20 platform. We all know ERC 20 is so high gas fee. I see many projects already migrated to BSC, waves and TRON.

[monig18]

On these type of situations we need to make only the most important transactions.The rest of us have to wait for it to return to normal. This happens temporarily. After a while it will return to normal.Demand of Bitcoin is also high in these days.

[Tunir Baap]

Bitcoin transactions are much higher at the present time than at other times.  Currently I am very much concerned about Bitcoin's transaction fees.  At present, since Bitcoin transactions are much more fee, it is better not to trade coins at this time if you do not need a large amount. When the transaction fee will be similar again, you will not have to pay extra gas for transactions.  If you want, you can do bitcoin transactions in a few days. Hopefully, then gas fee will come down a lot.

[gabbie2010]

I believed it is reasonable enough for every Bitcoin enthusiasts to continue to endure with the high cost of transactions while paying with high fees, the high cost of electricity consumed by mining equipment is partly responsible for it, improvement in scalability issues  of Bitcoin will drastically reduce the high cost of transaction, and invention of low electricity consumption equipment will also reduce the cost.

[Ariful]

We can see that transaction fee in bitcoin so high.we saw in april it's transaction fee will increase.In such a situation we have nothing to do but wait. If Bitcoin's transaction  fee is normal again, then you can trade Bitcoin.So wait patiently Bitcoin transaction will be normal.

[de_prof]

We can see that transaction fee in bitcoin so high.we saw in april it's transaction fee will increase.In such a situation we have nothing to do but wait. If Bitcoin's transaction  fee is normal again, then you can trade Bitcoin.So wait patiently Bitcoin transaction will be normal.

I think all investors and trader waiting the gas fee be normal again, it's so high.
I just waiting the project team ha avoid solutions for high gas fee.
Because I'm bounty hunter and trader, Im suffering , cannot do transaction because very expensive.
Maybe several member here suffering too.
Let's see and wait the crypto progress now.

[Mj joy]

During April, I saw a tremendous increase in bitcoin transaction fee. I think there are enough people who want to make fast transaction that they are willing to pay miner more than usual. Quite a few people seem in a hurry to get their turn for confirmation in the next block, so anyone who wants to send a small transaction has to be patient for a longer turn. I hope the mempool can be cleaned up as soon as possible, but if the panic of trader and investor continues then maybe these expensive fee will last longer.

So, i suggest you if you are a small trader then use other block chains then bitcoin block chains. There are many other block chains that are still very cheap for making transactions.

Due to the high cost of Bitcoin, small traders are getting confused to use it.Those small traders for extra cost are going to invest on other coins instead of investing on bitcoin.However, I think that if this is the case, then the rate of investment on Bitcoin in the future may be a little lower because if it is used by rich people, then small traders do not want to do it.

[Carbitcoin]

During April, I saw a tremendous increase in bitcoin transaction fee. I think there are enough people who want to make fast transaction that they are willing to pay miner more than usual. Quite a few people seem in a hurry to get their turn for confirmation in the next block, so anyone who wants to send a small transaction has to be patient for a longer turn. I hope the mempool can be cleaned up as soon as possible, but if the panic of trader and investor continues then maybe these expensive fee will last longer.

So, i suggest you if you are a small trader then use other block chains then bitcoin block chains. There are many other block chains that are still very cheap for making transactions.

Due to the high cost of Bitcoin, small traders are getting confused to use it.Those small traders for extra cost are going to invest on other coins instead of investing on bitcoin.However, I think that if this is the case, then the rate of investment on Bitcoin in the future may be a little lower because if it is used by rich people, then small traders do not want to do it.

To date, the investment inflow of funds into Bitcoin has noticeably decreased, at the same time, the position of Ethereum in the cryptocurrency market is only improving. According to some researchers, many investors have switched from Bitcoin to Ethereum and therefore we have such results to date.

[ice18]

I can see btc cannot be the future of money if it stay unscalable in the near future BTC LN is already here but some test showed its not well secured yet I hope this can fix soon to enable LN very soon in terms of payments,  ETH if successful in the most anticipated eth 2.0 will definitely challenged btc in terms of fees.   

[0t3p0t]

Fee is not a problem anymore at this time because some other chains can provide us a much cheaper transaction fees like the Binance smart chain, XRP, Doge and many other coins with lower fees. I actually have a horrible experience sending Bitcoins to another wallet and the fee is not fair anymore because I sent $70 and the fee is like $20. 😅

[gurunanakji777]

Big traders do not mind paying high fees as they want their transactions instantly. If we keep in mind the current Bitcoin value the fee is quite higher that a small trader avoids transacting in BTC. If the fee is bearable we can see more adoption of BTC in the future. Yes, its better for a small trader to use other blockchains like Tron and BSC as it is quite cheaper and faster as compared to BTC blockchain.

[mahadev]

I believed it is reasonable enough for every Bitcoin enthusiasts to continue to endure with the high cost of transactions while paying with high fees, the high cost of electricity consumed by mining equipment is partly responsible for it, improvement in scalability issues  of Bitcoin will drastically reduce the high cost of transaction, and invention of low electricity consumption equipment will also reduce the cost.

I think , there are several projects have migrated to other smart contract platforms. like TRC20, waves and BSC.
Even though fees are so high, I have invested in BSC platform.
It is cheaper and There is several good projects at there.
Im waiting Ethereum team has good solution and I also do trading in BSC coin.
Because We want to get profit every day, not only waiting and waiting gas fee goes down.

[Zezari]

For projects, this is the right decision to move from a more expensive to a more stable platform for work. Quite a few companies have already switched from the ether platform to BSC, which is now becoming a very popular platform.

[Mayajal]

The biggest hurdle in cryptocurrency now is gas fees.  Because it is not possible to do any kind of cryptocurrency transaction for gas fee.  This is because of the fact that gas fees are incurred when it comes to transactions and people are expressing their grief over the transaction in the most unfortunate way due to the huge amount of gas fees.  In this way, cryptocurrency gas fee will become the biggest problem in a few days.