follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit . Altcoins Talks Shop Shop


This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here Ads bidding Bidding Open

Author Topic: The future of Bitcoin Transaction fee?  (Read 13757 times)

Offline krypto4uvak

  • Sr. Member
  • *
  • Activity: 398
  • points:
    12033
  • Karma: 4
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: July 26, 2021, 09:26:20 AM
    • View Profile

  • Total Badges: 12
    Badges: (View All)
    10 Posts First Post Third year Anniversary
Re: The future of Bitcoin Transaction fee?
« Reply #15 on: February 08, 2021, 06:14:22 AM »
I am also worried about this issue for two months now. I really don't like it. And it seems to me that Bitoin's price per transaction will always be high.
▬▬▬▬▬▬▬▬▬▬  ▬▬  ▬   Prasaga     Making Smart Money Work   ▬  ▬▬  ▬▬▬▬▬▬▬▬▬▬
Tech WP     /     Commercial WP     //     Twitter     /     Facebook     /     Discord     /     Telegram
▬▬▬▬▬▬▬▬▬▬▬▬▬▬  ▬▬   Powered by BOUNTY DETECTIVE   ▬▬  ▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Altcoins Talks - Cryptocurrency Forum

Re: The future of Bitcoin Transaction fee?
« Reply #15 on: February 08, 2021, 06:14:22 AM »

For Monthly biddings Check Here


Offline ALTdetectoR

  • Sr. Member
  • *
  • *
  • Activity: 459
  • points:
    6197
  • Karma: 27
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: February 29, 2024, 06:03:21 PM
    • View Profile

  • Total Badges: 18
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: The future of Bitcoin Transaction fee?
« Reply #16 on: February 08, 2021, 06:33:50 AM »
It could happen.
But for me it is a natural thing that when bitcoin prices go up, gas fees also go up.
There are several factors that affect the transaction fees also increasing, namely the density of bitcoin transactions. That's one of the factors that caused bitcoin gas fees to rise. so that all people who transact using bitcoin choose to increase transaction fees so that they can get to their destination quickly

Offline Ghozrd

  • Hero Member
  • *
  • Activity: 1191
  • points:
    27741
  • Karma: 51
  • Bitcoin Mixer
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: January 09, 2024, 08:04:31 AM
    • View Profile

  • Total Badges: 20
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 1000 Posts
Re: The future of Bitcoin Transaction fee?
« Reply #17 on: February 08, 2021, 07:20:32 AM »
Bitcoin transaction fees are still affordable, namely 0.00005 BTC and if we convert to USD, of course the price will go up, but unlike altcoins, which experience an increase of more than 10% for shipping costs due to the tight network on the blockchain
             ▄▄█████████▄▄
    ▄█████▄█████████████████▄
  ▄███████████████████████████▄
 ████████████████▄▀▀███████████
▄███████████████████ ▀█████████
█████████████▀▀      ▐█████
████████████        ▄██████
▀███████████▌     ██████████▀
 █████
███████      ▀▀▀█████▀  █
  ███████████▄         ▀▀▀ ▄▄█
   ▀████████████▄▄▄   ▄▄▄███▀
     ▀▀██████████████████▀▀
         ▀▀▀████████▀▀▀
.
UniJoin.io Bitcoin Mixer
.|
▄▄██████▄▄
▄██████▀██████▄
▄███▀▀▀░░░▀▀▀███▄
▄███░░░▄███▄░░░███▄
████░░████▀▄█░░████
████░░█▄▀▄███░░████
▀████░░▀███▀░░████▀
▀████▄░░░░░▄████▀
▀█████▄▄▄█████▀
▀▀█████▀▀
NO LOGS
▄▄██████▄▄
▄█████▀▀▀█████▄
▄████▌░▄▄▄░▐████▄
▄█████░▀░░░█░█████▄
██████▌░░█▀░▐██████
███████▄░▄░▄███████
▀████▀░░░░░░░▀████▀
▀██▌░░░░░░░░░▐██▀
▀██▄▄█▄▄▄█▄▄██▀
▀▀█████▀▀
NO SIGN-UP
|████████████████████████
█████████████▀▄▀████████
████████████▀▄█████████
██████████▀▌▄██████████
██████████▌███████████
█████████▀▄███▀█████████
██████▀▄▄██████▀███████
█████▀▄█▀▄████████████
██████▀▄█▌▐████▐█████
█████▌▐█▀▌▐█████▐█████
██████████████▄██████
███████▄▄██████▄████████
████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██
██████
████████████████████████████████████████████████████████████████████
.
MIX ՈOW.
████████████████████████████████████████████████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██
██████

Offline Octoalts

  • Legendary
  • *
  • Activity: 1418
  • points:
    32312
  • Karma: 62
  • Tengri Privacy tools
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: February 02, 2024, 08:48:39 AM
    • View Profile

  • Total Badges: 21
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: The future of Bitcoin Transaction fee?
« Reply #18 on: February 08, 2021, 08:13:09 AM »
I haven't seen complaints from many people about Bitcoin transaction fees even though Bitcoin's price is increasing, unlike Ethereum's transaction fees which are quite expensive.  So in my opinion, don't worry too much, I'm sure Bitcoin transactions can still be reached.
▄█▄
▄█████▄
██▀███▀██
▄███▄████▄███▄
▀█████▀███▀█████▀
▄█▄██▀█▀███████▀█▀██▄█▄
▄█████▄█████████████▄█████▄
▀███▀█████████████▀███▀
██▄███▄█████▄███▄██
▀█████▀███▀█████▀
▀█▀██▄█▄██▀█▀
▄█████▄
▀███▀
.
TENGRI CRYPTO
ZERO
LOGS
NO
REGISTRATION
NO
JS
24/7
SUPPORT
████████████████████████
█████████████▀▀████████
████████████▀▄█████████
███████████▌▄██████████
█████████████████████
█████████▀▄███▀████████
██████▀▄▄██████▀███████
█████▀▄█▀▄████████████
██████▀▄█▌▐████▐█████
█████▌▐█▀▌▐█████▐█████
██████████████▄██████
███████▄▄██████▄████████
████████████████████████

██████
██
██
██
██
██
██
██
██
██
██████
████████████████████████████████████████████
.
.
████████████████████████████████████████████

██████
██
██
██
██
██
██
██
██
██
██████

Offline Cz Rock

  • Sr. Member
  • *
  • Activity: 587
  • points:
    11611
  • Karma: 31
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: October 16, 2023, 07:23:22 AM
    • View Profile

  • Total Badges: 17
    Badges: (View All)
    Third year Anniversary 10 Posts First Post
Re: The future of Bitcoin Transaction fee?
« Reply #19 on: February 08, 2021, 09:18:54 AM »
As the price of bitcoin is surging higher, I feel that the transaction fees will likely increase and this could be a big challenge. What do you think, will something be done to that as time goes on or it continues the way it is already?
Currently, the price of Bitcoin is very high. I don't think the price of Bitcoin has gone up Bitcoin transaction fees will increase. Because the transaction fee of Bitcoin is the same now as before.Bitcoin’s transaction fees in 2017 and what’s currently transacting aren’t too different.Bitcoin transaction fees may increase in the future. Because one day the supply of bitcoin will end.
        ▄▄█▀█▀█▀█▀█▄▄
     ▄█▀█ █▄█▄█▄█▄█ █▀█▄
   ▄█ █▄█████████████▄█▀█▄
  █▄▀███  ▀███████▀  ██▄███
 █▄▄████    ▀███▀    ███████
▐▄▄█████  █▄  ▀  ▄█  ███████▌
▐▄▄█████  ██▀   ▀██  ███████▌
▐▄▄█████  ▀  ▄█▄  ▀  ███████▌
 █▄▄██     ▄█████▄     █████
  █▀▄█▄▄▄▄█████████▄▄▄▄▀███
   ▀█ █▀█████████████▀█▄█▀
     ▀█▄█ █▀█▀█▀█▀█ █▄█▀
        ▀▀█▄█▄█▄█▄█▀▀
.
Maximus Coin
██
██
██
██
██
██
██
██
██
██
██
██
██
Building the world’s first ever
decentralized ecosystem backed by
the distributed cloud storage network.
█████
██
██
██
██
██
██
██
██
██
██
██
█████
No Central Servers
No Privacy Breach
▄▄████████▄▄
▄████████████████▄
▄████████████████████▄
███████████████▀▀  █████
████████████▀▀      ██████
▐████████▀▀   ▄▄     ██████▌
▐████▀▀    ▄█▀▀     ███████▌
▐████████ █▀        ███████▌
████████ █ ▄███▄   ███████
████████████████▄▄██████
▀████████████████████▀
▀████████████████▀
▀▀▀▀▀▀▀▀▀▀▀▀
▄▄████████▄▄
▄████████████████▄
▄████████████████████▄
███████████▀    ▐███████
███████████    ▄▄█████████
▐██████████▀    ▀▀█████████▌
▐█████████▌       █████████▌
▐███████████    ███████████▌
███████████    ███████████
██████████    ██████████
▀████████▄  ▄████████▀
▀████████████████▀
▀▀▀▀▀▀▀▀▀▀▀▀

Offline Alvida

  • Full Member
  • *
  • Activity: 249
  • points:
    3197
  • Karma: 3
  • 💲
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: March 27, 2024, 02:49:33 AM
    • View Profile

  • Total Badges: 17
    Badges: (View All)
    Quick Poster Third year Anniversary Second year Anniversary
Re: The future of Bitcoin Transaction fee?
« Reply #20 on: February 08, 2021, 09:37:40 AM »
At present, the price of Bitcoin is increasing day by day.  So the gas fee of this bitcoin will increase due to the increase of bitcoin day by day.  Because Bitcoin is one of the best coins, its use is increasing day by day, so its price is also increasing day by day.  So I think the rise in the price of bitcoin could increase its gas free.  Bitcoin is the king of all coins.

Offline Dark Knight

  • Hero Member
  • *
  • *
  • Activity: 1047
  • points:
    22952
  • Karma: 8
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: December 18, 2023, 05:44:43 PM
    • View Profile

  • Total Badges: 21
    Badges: (View All)
    Third year Anniversary Second year Anniversary 10 Posts
Re: The future of Bitcoin Transaction fee?
« Reply #21 on: February 08, 2021, 10:55:22 AM »
As the price of bitcoin is surging higher, I feel that the transaction fees will likely increase and this could be a big challenge. What do you think, will something be done to that as time goes on or it continues the way it is already?
At present, the price of Bitcoin is increasing day by day. Because Bitcoin is one of the best coins, it's use is increasing day by day, so it's price is also increasing day by day. Coruntly the Bitcoin price is now very high. Because the transaction fee of Bitcoin is the same now as before. Bitcoin's transaction fees in 2017 and what's current transacting aren't too different. Bitcoin transaction fees may increase in the future. Because one day the supply of Bitcoin will end.

Altcoins Talks - Cryptocurrency Forum

Re: The future of Bitcoin Transaction fee?
« Reply #21 on: February 08, 2021, 10:55:22 AM »


Offline Tunir Baap

  • Sr. Member
  • *
  • *
  • Activity: 584
  • points:
    16633
  • Karma: 18
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: January 28, 2024, 07:11:52 PM
    • View Profile

  • Total Badges: 19
    Badges: (View All)
    10 Posts First Post Third year Anniversary
Re: The future of Bitcoin Transaction fee?
« Reply #22 on: February 08, 2021, 11:00:56 AM »
I wonder if bitcoin transactions may increase a little in the future. Because day by day people are getting more and more attracted towards cryptocurrency. And with the passage of time, Bitcoin's popularity has skyrocketed.Bitcoin transaction fees are very affordable at the moment. However, as the demand for Bitcoin is increasing day by day, it seems that the scientific transaction free can increase compared to the current.
                  ▄▄▄▄▄▄ ████▄██▄ █████████
████████ ████████ ███████▄██ █████▄ ███████
██████████████   ████████ ▀▀ ███████▄███████
████████████████████████         ████ █        ▄▄▄▄ ▄▄    ▄▄▄▄
██████████████████████████         █████         █████   █████▄▄█████████▄█████▄▄▄██████▄
█████████████████████ ██████▄     ██████       ████████   ▄█████████ █████████████████████
▐█████████████████████▄ ██████     ███████      █████▀   ███████████ █████████ ████████████
▐███████████████████████           ███████      ▀██████   ███████████ █████████  █████████▀▀
▐██████████████████████▄          ███████     █▄ ███████  █████████████████    ████████▄
 ████████████████████████▄         ███████     ███▄██████  ██████████ ██████████ ▄▄██████▄
 █████████████████████████         ███████     ████▀▀▀████ ███ ███████████████████████████
 ██
███████████████████████         ███████     ████   ████ ███  █████████████████████████▀
 █████████ ▀▀▀▀▀▀▀ ▀▀▀▀▀▀           ▀▀▀▀▀▀▀     ▀▀▀▀   ▀▀▀▀ ▀▀▀    ▀▀▀ ▀▀▀    ▀▀▀▀▀  ██████▀▀▀
[  PvE Mode  ]   [  PvP Mode  ]   [ Team Battle ]
|   TWITTER   |  TELEGRAM  |   DISCORD   |

Offline dekafee79

  • Legendary
  • *
  • Activity: 2322
  • points:
    56439
  • Karma: 218
  • Bitcoin Mixer| Since 2019
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: March 26, 2024, 02:00:00 PM
    • View Profile

  • Total Badges: 21
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: The future of Bitcoin Transaction fee?
« Reply #23 on: February 08, 2021, 11:23:41 AM »
Bitcoin is now the most popular currency in cryptocurrency. Bitcoin is now a well-known and well-traded currency. As the price of Bitcoin is increasing day by day, I think this transaction fee will increase in the future.

That's true , you're right when bitcoin price is increasing , the fee will increase too. It's normal. Everyone complain about high fee transaction. But we should know, It was caused by price increasing.

Offline marcsymons

  • Sr. Member
  • *
  • Activity: 580
  • points:
    11279
  • Karma: 9
  • ## (THANK YOU FOR YOUR + Karma) ##
  • Trade Count: (0)
  • Referrals: 6
  • Last Active: October 22, 2023, 02:22:23 PM
    • View Profile

  • Total Badges: 21
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: The future of Bitcoin Transaction fee?
« Reply #24 on: February 08, 2021, 12:31:00 PM »
As the price of bitcoin is surging higher, I feel that the transaction fees will likely increase and this could be a big challenge. What do you think, will something be done to that as time goes on or it continues the way it is already?

I think it is normal for Bitcoin transaction fees to be expensive if the price goes up and we must not forget that miners are also involved in these fees because if miners' jobs are made cheaper it will be unprofitable. As a result, miners could stop mining and we won't be able to make any transactions further.

Offline Black ID

  • Hero Member
  • *
  • Activity: 877
  • points:
    18205
  • Karma: 43
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: May 12, 2021, 01:44:29 PM
    • View Profile

  • Total Badges: 19
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: The future of Bitcoin Transaction fee?
« Reply #25 on: February 08, 2021, 12:54:14 PM »
With the increasing price of Bitcoin this will also affect the transaction fees. We can see now that the transaction fees for some markets are increasing even more expensive, because the price of coins is also getting more expensive. Then the same thing must have happened to Bitcoin.
██████
██
██
██
██
██
██
██
██
██
██
██
██████
      ▄▄▀▀ ▀▀▀
    ▀▀ ▄▄▀▀▀▀▀▀▀▀
   ▄▀▀ ▄▄▀▀▀▀▀▀▀ ▀▀▄
 ▄▀ ▄ ▀  ▄▄▄▄  ▀▀▀▄▄
  ▄▀ ▄▀ █▀  ▀█ ▀▀▄ ▄▀
 ▀ ▄▀  ▄█▄▄▄▄█▄ ▀ ▄ ▀▄
█ ▐▌  █  ▄▄▄   █ ▄ ▀▄
▀ ▀ ▌ █ ███ ▄ █  ▐▌▐▌
  █ ▌ █  ▀▀▀▀  █  ▐▌
  █ █  ▀▀▀▀▀▀▀▀  █ █
    █ █ █ ▐▌▐▌▐▌▐▌ ▀
    ▀ ▐▌ ▄ █ ▄ ▀ ▀
       ▀ ▀▄▐▌ ▀
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
▄▄████████▄▄
▄████████████████▄
▄████████████████████▄
███████████████▀▀  █████
████████████▀▀      ██████
▐████████▀▀   ▄▄     ██████▌
▐████▀▀    ▄█▀▀     ███████▌
▐████████ █▀        ███████▌
████████ █ ▄███▄   ███████
████████████████▄▄██████
▀████████████████████▀
▀████████████████▀
▀▀████████▀▀
▄▄████████▄▄
▄████████████████▄
▄████████████████████▄
███████████▀    ▐███████
███████████    ▄▄█████████
▐██████████▀    ▀▀█████████▌
▐█████████▌       █████████▌
▐███████████    ███████████▌
███████████    ███████████
██████████    ██████████
▀████████▄  ▄████████▀
▀████████████████▀
▀▀████████▀▀
██████
██
██
██
██
██
██
██
██
██
██
██
██████

Offline sampoerna

  • Legendary
  • *
  • Activity: 2000
  • points:
    45831
  • Karma: 250
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: March 25, 2024, 02:05:29 PM
    • View Profile

  • Total Badges: 24
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: The future of Bitcoin Transaction fee?
« Reply #26 on: February 08, 2021, 11:46:49 PM »
I am sure that the fee will be higher and higher again. Because commonly when the price of Bitcoin in increasing, the transaction will be more crowded and we must pay for higher fees in order to our transaction updated and also processed

Offline Dreamer

  • Legendary
  • *
  • *
  • Activity: 1364
  • points:
    26693
  • Karma: 43
  • Fox Campaigns
  • Trade Count: (0)
  • Referrals: 2
  • Last Active: October 18, 2023, 12:10:16 PM
    • View Profile

  • Total Badges: 18
    Badges: (View All)
    Third year Anniversary Second year Anniversary 10 Posts
Re: The future of Bitcoin Transaction fee?
« Reply #27 on: February 09, 2021, 06:13:40 PM »
As the price of bitcoin is surging higher, I feel that the transaction fees will likely increase and this could be a big challenge. What do you think, will something be done to that as time goes on or it continues the way it is already?
Sure! Some exchanges already increased Bitcoin transaction fees. This will affect many people and perhaps Bitcoin transactions will decrease by some percent. But I don't think if the fees will go over 0.0013 BTC Satoshi.

Offline Azaleea

  • Full Member
  • *
  • Activity: 241
  • points:
    6558
  • Karma: 15
  • BITGAME - Blockchain Betting Platform
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: March 25, 2024, 07:09:40 PM
    • View Profile

  • Total Badges: 16
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: The future of Bitcoin Transaction fee?
« Reply #28 on: February 10, 2021, 01:55:18 AM »
As the price of bitcoin is surging higher, I feel that the transaction fees will likely increase and this could be a big challenge. What do you think, will something be done to that as time goes on or it continues the way it is already?
I can not confirm that because I have never made a transaction. But if there is a price increase, it might just be some kind of natural and inevitable adjustment

Offline Malam90

  • Mythical
  • *
  • *
  • *
  • Activity: 5871
  • points:
    83242
  • Karma: 595
  • Trade Count: (0)
  • Referrals: 8
  • Last Active: March 13, 2023, 02:19:03 PM
    • View Profile

  • Total Badges: 33
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: The future of Bitcoin Transaction fee?
« Reply #29 on: February 10, 2021, 02:00:37 AM »
Last 6 months, i haven't made any Bitcoin transaction other than TRON, USDT, XLM for cheaper fees. Obviously, it's also a matter of concern with the price up of Bitcoin. It's a simultaneous process of increasing transaction fees of Bitcoin with the increase of price. It makes problem for the small amount holders when the want to make Bitcoin transactions. Actually we have nothing to do here.

 

ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
BTC Donations: bc1qjf99wr3dz9jn9fr43q28x0r50zeyxewcq8swng
BTC Tips for Moderators: 1Pz1S3d4Aiq7QE4m3MmuoUPEvKaAYbZRoG
Powered by SMFPacks Social Login Mod