The future of Bitcoin Transaction fee?

[Sasa]

Due to the rapid rise in the price of Bitcoin, the transaction fee may also increase soon.  I think this could be a big challenge.  What is your opinion on this?  What are you thinking about it?  Something will happen over time.  Thoughts should be thought of as time goes on.

Of course, with the rise of Bitcoin prices, Bitcoin transactions have increased a lot.I think Bitcoin transaction free will increase more in the future.Bitcoin is currently priced at over  60,000 $. Maybe by the end of this year the price of Bitcoin will reach 1 million . And then with the price of Bitcoin, the transaction fee will go up.

[Tubelight]

I am worried about future Bitcoin transactions. Because I think Ethereum's transactions may increase for fee in the future Because we saw that when the price of etherium was low, Ethereum dropped he didn't notice much of an increase. But when the price of etherium increased, so did the price of etherium Fees increased.

[Afony]

I do not think that in the future bitcoin will increase the price per transaction, but even if it is, it will not be as high as it is now with Ether, Bitcoin is stable in this regard.

[tervel]

Bitcoin transaction fluctuated significantly as more users started to display interest in the cryptocurrency. Growing transaction fees both the number of Bitcoin transactions that are waiting in line to be processed, are as an incentive to miners to process the especially large transactions.

[Mj joy]

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?

It is not impossible that the way Bitcoin's price is rising, it is normal for its transaction fee to increase a little.  However, I don't think Bitcoin's transaction fees are out of reach because Bitcoin is the number one coin in the entire cryptocurrency world. We all know this, so it's impossible for Bitcoin to behave in a way that would put all cryptocurrency-related transactions at risk.

[Papusha20]

There are so many transactions in the current cryptocurrency that it is impossible to imagine.  Because cryptocurrency is spending so much gas fee for the first time.  Gas fees have never been spent in this way before but now the amount of gas fees is likely to increase further in the future.

[alltalk]

I think the transaction fee of Bitcoin in the future should have the solution to make it be friendly. The transaction fee of Bitcoin is a bit expensive right now. One of the reasons may be about the bullish season, so people become active to send their Bitcoin from a wallet to another wallet. This probably leads to an increase in Bitcoin fees. After the bullish, it can be normal again.

[Angel jara]

 I am worried about future Bitcoin transactions. Because I think Ethereum's transactions may increase for fee in the future Because we saw that when the price of etherium was low, Ethereum dropped he didn't notice much of an increase. Maybe by the end of this year the price of Bitcoin will reach 1 million . And then with the price of Bitcoin, the transaction fee will go up.

[Rafi]

I think Bitcoin transaction free will increase more in the future.Bitcoin is currently priced at over  60,000 $. Maybe by the end of this year the price of Bitcoin will reach 1 million

[Suma Islam]

There are so many transactions in the current cryptocurrency that it is impossible to imagine.  Because cryptocurrency is spending so much gas fee for the first timeso it's impossible for Bitcoin to behave in a way that would put all cryptocurrency-related transactions

[lepbagong]

I am worried about future Bitcoin transactions. Because I think Ethereum's transactions may increase for fee in the future Because we saw that when the price of etherium was low, Ethereum dropped he didn't notice much of an increase. Maybe by the end of this year the price of Bitcoin will reach 1 million . And then with the price of Bitcoin, the transaction fee will go up.

of course there will always be cause and effect that will occur from the increase in bitcoin, so if there will be a high enough fee, then that is likely one of the consequences that will occur. but usually a lot of innovations will occur as long as there will indeed be someone who feels disadvantaged, by making alternatives so that prices will be cheaper and it is more natural that it will happen. the more innovations there are, of course there will be improvements that must be made so that many are interested in using them.

[Brithyislam]

Bitcoin still has the best hope of continuing to grow in the future because it has something called mass adoption.What are you thinking about it?  Something will happen over time.  Thoughts should be thought of as time goes on.

[jonathancool220]

The bigger and higher the Bitcoin price, the more expensive the transaction fees are.
This is unavoidable because the decimal fraction of Bitcoin is also expensive and difficult for everyone to hold.
It's just that everyone is not aware of these costs because the price of Bitcoin is also expensive and can make yourself forget.

[Brithyislam]

It is not impossible that the way Bitcoin's price is rising, it is normal for its transaction fee to increase a little.  Bitcoin to behave in a way that would put all cryptocurrency-related transactions at risk.

[Suma Islam]

The bigger and higher the Bitcoin price, the more expensive the transaction fees are.Because cryptocurrency is spending so much gas fee for the first timeso it's impossible for Bitcoin to behave in a way that would put all cryptocurrency-related transactions