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Bitcoin Forum / Re: High fees is a never ending story?
« Last post by Litzki1990 on Today at 04:17:44 AM »Bitcoin transaction fees are now much lower than at other times, but it still costs a user two and a half to three dollars to complete a transaction. I think $2 and a half to $5 more as a transaction fee for those doing $20 to $50 transactions. The transaction fee should be lower so that all types of investors or all bitcoin users can trade bitcoin with ease and not worry much about trading bitcoin.I checked mempool.space and noticed same thing, for being It has never been this low right from the second week of halving, even as halving ends it's not still that cool making transactions except for this evening. Sincerely the runes really came to cause serious distraction and attack on the bitcoin chain.I will check this weekend to how cheap it could be.
Already the fee went down 16sat/vb and that could be the cheapest for near term cause there is much TXs that left below this rate which makes it not really possible to go beyond this fee rate at the moment.
But definitely 16sat is a lot cheaper and congestion due to runes cleared pretty quick than expected.