Bitcoin (Low) Fees Monitoring

[Zed0X]

Fees remain low. Sent again using a non-custodial wallet at 3 sats per byte.

[Mayajal]

For some time in the middle we could not transfer more tokens due to lack of gas fee.  Some tokens are being transferred due to low gas fees and other tokens could not be transferred at that time.  Gas fees have been exorbitant.

[Logitech50]

Now the gas fee for transferring tokens to cryptocurrency is not much higher.  Because of the extra cost, the cryptocurrency is on the verge of destruction.  Thus, if the amount of gas fees had been increased for a few more days, the cryptocurrency would have suffered huge losses.  So of course the amount of gas fee is getting much lower now.

[Zed0X]

Now the gas fee for transferring tokens to cryptocurrency is not much higher.  Because of the extra cost, the cryptocurrency is on the verge of destruction.  Thus, if the amount of gas fees had been increased for a few more days, the cryptocurrency would have suffered huge losses.  So of course the amount of gas fee is getting much lower now.

You don't know what you are talking about. First, gas fee is not for Bitcoin - it's for Ethereum and other alts. Second, transaction fees do not directly affect the price of a certain coin and it won't cause it's downfall - just take a look at BTC and ETH. Another thing is that fees aren't controlled like what you're saying in your last sentence.

[Papa Bear]

Previously, when the bull market or the price of BTC rose, you could expect high pull or confirmation fees due to network congestion. But this time everything looked fine, except for a brief incident in China. Now, I think we are looking into the stability of Bitcoin in terms of fees. Sadly, Ethereum cannot say that. We respect Bitcoin and hope that there will be no incidents that could lead to an increase in fees, as high fees are actually a huge insult to the cryptocurrency market of which we are a part. Fees should be low and transaction speed should be high.

[Zed0X]

Chinese Government clamping down on Bitcoin miners had caused a drop in hashrate that's why we're seeing congestions in the network. As a result, fees have gone up to 30-60+ sats/vbyte (approx. $1-$3).

The next difficulty adjustment is expected on July 1. We'll see if more transactions clears that time which would help reduce transaction fees.

[Zed0X]

Fees are low once again!

[Zed0X]

Mempool is almost empty which means you can now send or consolidate your inputs for as low as 1 sats per vbyte!

[Phython]

Bitcoin (Low) Fee Monitoring Bitcoin's price is determined by buying and selling Bitcoin. Those of us who work with Bitcoin know the market very well about Bitcoin. Just as you can get rich quick by working here, you may also have to leave the market due to a little mistake.

[Suma Islam]

What is meant by Bitcoin fees is that Bitcoin's gas free is currently very low. Bitcoin gas fees are determined based on the Bitcoin market. Just as the price of Bitcoin goes up and down, it can be seen that the SP of Bitcoin always goes up and down. How many of us who sell bitcoin then how many times do we sell bitcoin. I buy and sell bitcoin when the price is very low.