Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: wildanmr on September 30, 2018, 01:28:09 PM

Title: Bitcoin fee price factor?
Post by: wildanmr on September 30, 2018, 01:28:09 PM
Hello everyone.
I love Bitcoin. But I have one thing that disturb me.
There is fee price of Bitcoin transfer.
I think there still expensive to do transfer Bitcoin. So, I always exchange BTC to another coin for sending to another wallet/exchange.

The question:
What is the factor to affect bitcoin fee price transfer?

Thank you
Title: Re: Bitcoin fee price factor?
Post by: Judybrown on September 30, 2018, 09:51:43 PM
The factor that will affect Bit coin price is the exchange site and the rate of transaction. If you want a faster transaction, then you will pay huge fees but a slower transaction requires a small amount of money. Some exchange sites also require higher gas prices before transactions take place.
Title: Re: Bitcoin fee price factor?
Post by: wildanmr on October 01, 2018, 12:33:18 AM
The factor that will affect Bit coin price is the exchange site and the rate of transaction. If you want a faster transaction, then you will pay huge fees but a slower transaction requires a small amount of money. Some exchange sites also require higher gas prices before transactions take place.

Thank you mate. Hope bitcoin fee price will low in the future soon cause I'm very love bitcoin but the fee was still expensive for me.
Title: Re: Bitcoin fee price factor?
Post by: Ek_Man on October 01, 2018, 01:20:34 AM
I think the developer doesn't care about the fee if it is too high because many want to have bitcoin. Big investors are not affected by this only the small maker transaction.