The future of Bitcoin Transaction fee?

[Bit]

Again, fees are a problem in this crypto world. High fees are a major obstacle. In fact, Bitcoin itself has always required a higher fee for the transaction to be successful. After there was a Segwit Electrum wallet, anything could happen. sometimes only a few satoshis. But now it's different, fees also increase with tajham as the Bitcoin price increases.

[Alter]

I hope there will be a cheaper low in Bitcoin transactions. It will be so hurt to see the price of the transaction really high. As far as I know, it should be lower. Satoshi stated on the whitepaper that the fee of the transaction should be cheap. If it is high, what is the difference between Bitcoin transactions and conventional bank fees in real life? Low fee on the transaction should be the characteristics of Bitcoin.

[shadowdio]

Well yes it will continue to increase the fee if bitcoin price keeps increasing. Satoshi Nakamoto abandoned the bitcoin so there is no hope that can lower the bitcoin transaction fee.. If you want to transfer or sending someone with your tokens better to use other cryptos that has cheap transaction fee..

[gotbounty]

The transaction fee will be changing if the transaction in the block is crowded enough. So, it influences how high to speed up your transaction. But actually and basically the transaction fee of Bitcoin is high enough. And now is also increasing always more than 100 sat

[Markuri33]

The cryptocurrency market is developing a lot at the present time but everyone is having problems due to the additional increase in transaction free. There are many small traders who are having a lot of problems to trade as the section is so fees. The price of science is still rising at a huge rate but the transaction fees will be reduced a bit. In fact, everyone will benefit, especially for trading.

[Lovepro Max]

Bitcoin prices have started to fall. It is unknown at this time what he will do after leaving the post. We know that the transaction fee for bitcoin has increased due to the increase in the price of bitcoin. So again, if the price of Bitcoin goes down, of course, the transaction of Bitcoin will go down. I have no idea if there is any other way.

[de_prof]

Bitcoin prices have started to fall. It is unknown at this time what he will do after leaving the post. We know that the transaction fee for bitcoin has increased due to the increase in the price of bitcoin. So again, if the price of Bitcoin goes down, of course, the transaction of Bitcoin will go down. I have no idea if there is any other way.

Of course fee transaction will increase ,if the bitcoin price is increasing. That's normal at crypto currency market. Because when bitcoin price is increasing, I think the traffic will increase too.  that's my opinion

[Monster5]

Bitcoin currently takes many transactions for free Which is why investors are more of this free Not getting a very good benefit by investing.So I think in the future bitcoin transactions will be free If reduced then for all of us Many will benefit.And for investors it would be considered much better.

[Review]

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?

Ofcourse the bitcoin transaction fee will get increase near future because of huge number transaction request in  a single block.. Actually the bitcoin smart contract has a block space and the space storage increase on and it cost the high fee now for a single transaction..

[Sumaiya2]

In the current situation, gas fees are being incurred on the way to transfer tokens.  The way gas fees are spent is beyond comprehension because selling tokens costs twice as much as what is available.  Thus, if gas fees continue to be spent, the cryptocurrency will gradually be threatened.

[Monster5]

Due to the fact that transactions are more free at the present time Everyone is having a lot of problems.Because no one has their wallet because it is more free Unable to give token cell from.Wants additional transactions free If you want to reduce the free then everyone There were many benefits.It is expected that the transaction will be reduced in the future.

[Rafiq]

Currently Bitcoin's transaction fees are much lower than Ether's. However, the rise in the price of Bitcoin is likely to increase the transaction fee in the future. I wish the authorities good luck so that the transaction fee of Bitcoin does not increase in the future.

[Mayajal]

Gas fees have risen very fast for a few days
 Thus, if the gas fee continues to increase, the forum will be destroyed in a few days.  Because everyone will skip working. There is a huge cost involved in transacting something.

[Komorhan]

I think today bitcoins are mainly held by large funds for which such commissions are small, and even when paying with bitcoins, these are quite expensive purchases, bitcoin is not suitable for mass use, but this is cool digital gold!

[Dark Knight]

Yes, you are right. The price of Bitcoin has already multiplied many times over. Bitcoin has crossed 50k dollars and reached 58k dollars. With the rise in the price of Bitcoin the price of Ethereum coin has been increasing and so has the transaction fee. This has now become a major problem for cryptocurrency users. Especially for those tiny bounty hunters who have had the biggest problem. No one knows when this problem will be solved.