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Author Topic: The future of Bitcoin Transaction fee?  (Read 13821 times)

Offline Lovepro Max

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Re: The future of Bitcoin Transaction fee?
« Reply #180 on: May 04, 2021, 06:45:28 PM »
Bitcoin's transaction free and increased in the same way that the price of Bitcoin has increased.The price of Bitcoin will increase further in the future and it can be said that Bitcoin transactions may increase However, I think Bitcoin transactions will return to normal very soon.Because Bitcoin is the best currency among all cryptocurrencies. This coin is the most used.
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Re: The future of Bitcoin Transaction fee?
« Reply #180 on: May 04, 2021, 06:45:28 PM »

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Re: The future of Bitcoin Transaction fee?
« Reply #181 on: May 06, 2021, 02:02:41 PM »
We all know that Bitcoin reigns supreme in cryptocurrencies. Bitcoin is called the king of the cryptocurrency whose position is first. Several days ago, Bitcoin was cut off from gas due to investors There have been many problems. But now he has overcome the problem. Gas free is now cut less than before. In fact, if the transaction fee is cut more, everyone has to face various problems. Ethereum at present The problem is no more.

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Re: The future of Bitcoin Transaction fee?
« Reply #182 on: May 06, 2021, 02:27:15 PM »
I will agree with the original poster that the cost of settling a transaction on Bitcoin blockchain will continue to grow alongside the increase in the value of Bitcoin. To peers, this might seem discouraging for them but to miners its a good thing because in the future when bitcoin supply will become fully in circulation, miners will have to rely only on the incentives from transactions confirmation since there will be block reward again.
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Re: The future of Bitcoin Transaction fee?
« Reply #183 on: May 06, 2021, 03:03:13 PM »
Many thanks to the senior brothers for bringing up such a beautiful post among us. At present, free token transactions are very common. But I don’t know which free cuts at which time and which Time is short. So if you know any senior brother, you must raise a little among us. Then we can learn a lot from there.

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Re: The future of Bitcoin Transaction fee?
« Reply #184 on: May 06, 2021, 03:24:28 PM »
I think Bitcoin has the highest market value among all the coins in the cryptocurrency now.For the past few days, cryptocurrency users have been almost frustrated with the issue of additional transaction fees. It has been seen that if you get payment from any bounty, you have to pay 50 dollar transaction fee.But now there is no such problem.The additional transaction fee issue has now been resolved.

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Re: The future of Bitcoin Transaction fee?
« Reply #185 on: May 06, 2021, 07:40:17 PM »
I think Bitcoin has the highest market value among all the coins in the cryptocurrency now.For the past few days, cryptocurrency users have been almost frustrated with the issue of additional transaction fees. It has been seen that if you get payment from any bounty, you have to pay 50 dollar transaction fee.But now there is no such problem.The additional transaction fee issue has now been resolved.
Why didn't you mention What kind of fees exist today to transfer Bitcoin? I believe that even if we are talking about paying 10 or 15 dollars of commission, then it will not be a big problem for an investor or trader, But if you use Bitcoin as a means of payment in everyday life, then such commissions are unprofitable for an ordinary user in general, of course, if it is not about buying valuable enough items.

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Re: The future of Bitcoin Transaction fee?
« Reply #186 on: December 18, 2021, 01:23:29 PM »
I don't think that's a problem for bitcoin today, because I didn't hear any info about upgrades to be made to the bitcoin network, usually when there is a problem the bitcoin developer will upgrade.
I think the one with the problem about transaction fees is Ethereum, not BTC )),
Bitcoin transaction fees are really high compared to top altcoins. For trading on stock exchanges, this is still acceptable, but for payment for the purchase of inexpensive goods and services, it already becomes unrealistic. If you buy coffee with Bitcoin, paying for the transaction will cost many times more than the coffee itself. This is one of the reasons why bitcoin is not used in everyday life.
It was necessary to fix the situation with expensive transactions for a long time, but a close-knit team of developers does not stand behind bitcoin, and their individual groups cannot agree among themselves to choose a specific solution. This is another bitcoin problem.

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Re: The future of Bitcoin Transaction fee?
« Reply #186 on: December 18, 2021, 01:23:29 PM »


Offline Azharul

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Re: The future of Bitcoin Transaction fee?
« Reply #187 on: December 22, 2021, 08:06:27 AM »
We know that bitcoin is a very modern and technological currency in the cryptocurrency market. We also know that it's the best valuable and top currency in the cryptocurrency market. We can see that when bitcoin price is increasing than we can see that it's transaction fee is increasing.So i trust the transaction fee of bitcoin is very well in the future time.
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Re: The future of Bitcoin Transaction fee?
« Reply #188 on: December 31, 2021, 05:02:17 PM »
As far as I know after halving of BITCOIN the transaction fee or the block size will decrease and this means the transaction fee will increase too. Also the fee depend on BTC price. The more the price will increase , the more the fee will increase too if you calculate the fee according to the USDT value. But in case of satoshi value, the fee may remain same.
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Re: The future of Bitcoin Transaction fee?
« Reply #189 on: December 31, 2021, 06:47:50 PM »
I think from the available data, the bitcoin transaction fee will increase in price because when the selling price of bitcoin goes up and many people have difficulty getting bitcoin, it will make the bitcoin price very expensive and of course it can have a terrible impact on transaction fees in bitcoin.

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Re: The future of Bitcoin Transaction fee?
« Reply #190 on: January 11, 2022, 01:42:32 PM »
I think from the available data, the bitcoin transaction fee will increase in price because when the selling price of bitcoin goes up and many people have difficulty getting bitcoin, it will make the bitcoin price very expensive and of course it can have a terrible impact on transaction fees in bitcoin.

Yeah, when the bitcoin price is increasing, I think bitcoin transaction fee will increase. That's normal.
Ethereum too.
Those coins are very high transaction fee.
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Re: The future of Bitcoin Transaction fee?
« Reply #191 on: January 11, 2022, 06:38:47 PM »
Bitcoin is a great coin and this time so many peoples will start trading in this coin and they make good money through this coin easily and also so many investors will hold their coins and they sell it when the coin price go high and in future the fee will be low.

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Online EthereumDev_

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Re: The future of Bitcoin Transaction fee?
« Reply #192 on: January 12, 2022, 07:44:38 AM »
when the price of bitcoin continues to increase in price then there are some fees in bitcoin that may still be cheap, but in general the price usually goes up then the transaction fee will follow the selling value of bitcoin, if you don't want to incur expensive fees to make transactions using bitcoin then you can use an altcoin that has low cost and high speed.

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Re: The future of Bitcoin Transaction fee?
« Reply #193 on: January 12, 2022, 11:20:28 AM »
when the price of bitcoin continues to increase in price then there are some fees in bitcoin that may still be cheap, but in general the price usually goes up then the transaction fee will follow the selling value of bitcoin, if you don't want to incur expensive fees to make transactions using bitcoin then you can use an altcoin that has low cost and high speed.
Yeah I agree with you that the prices of bitcoin highly fluctuate but being a merchant my most of the customers still prefer to pay in BTCs because with my capital wallet payment gateway the transaction fees is quite low and also offers better speed.

Offline pieppiep

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Re: The future of Bitcoin Transaction fee?
« Reply #194 on: January 12, 2022, 11:58:10 PM »
I think this is an important issue for the future of cryptocurrencies, from the factor of the cost of gas used to make transactions such as bitcoin, ethereum and other blockchain networks, because over time the selling value of coins soars and can make the price expensive including the cost of gas used to make transactions.

 

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