Have you witnessed Bitcoin transaction fees?

[Malam90]

Have you witnessed Bitcoin transaction fees recently?
Actually i haven't made any Bitcoin transaction in the last 6 months. I made all transactions with USDT, XLM, TRX and DOT. 6 months ago when i made last Bitcoin transaction, it took 0.0001 btc which is now cutting upto 0.001 btc. Can you imagine a single bitcoin transaction fees now more than $30-$40? Around 3 years ago, when SegWit was adopted with Bitcoin transaction, it reduced transaction fees but now transaction fees is a concern. 

[Casual]

In fact, I haven't traded a bitcoin in a couple of months. For this reason, I can't say exactly what kind of transaction seems fee. But at the moment I have traded Etherium and all the other coins that are there but I have never seen such a transaction fee.

[TomPluz]

While all of us are wishing for the bull run to happen that can push the prices of many cryptos to the top, we know that one of the not-so-good side with this is the rising transaction fees involved. And it seems to me that as of now there is no clear-cut roadmap to reduce the fees for good. This is now quite true with Ethereum but also with Bitcoin. Most of us are now resigned to this reality because there is nothing we individually can do to counter this thing. We have to bite the bullet, as they say.

[arnold dudicove]

Have you witnessed Bitcoin transaction fees recently?
Actually i haven't made any Bitcoin transaction in the last 6 months. I made all transactions with USDT, XLM, TRX and DOT. 6 months ago when i made last Bitcoin transaction, it took 0.0001 btc which is now cutting upto 0.001 btc. Can you imagine a single bitcoin transaction fees now more than $30-$40? Around 3 years ago, when SegWit was adopted with Bitcoin transaction, it reduced transaction fees but now transaction fees is a concern. 

I happen to be the same as you. Never made a transaction, so we don't know about the progress of transaction fees at this time. But I think the large transaction fees will clearly affect everyone's transaction interest ...

[bitbit97]

Where have you transferred your Bitcoin from? Online or own wallet? If there is an option, you could have manually set sat/byte transaction fee. Also the amount of inputs and outputs plays a huge role when calculating transaction fee. I've transferred around 0.004 and paid only $5 for that (but it took 4 days for funds to reach the wallet).

[Crypto Guard]

Indeed, by becoming more expensive, this Bitcoin will of course also have high transaction fees. Because this value is definitely balanced, if the price is expensive, it must be high. I myself see this as a thing that makes sense. It's just that it's unsettling.

[Cz Rock]

Have you witnessed Bitcoin transaction fees recently?
Actually i haven't made any Bitcoin transaction in the last 6 months. I made all transactions with USDT, XLM, TRX and DOT. 6 months ago when i made last Bitcoin transaction, it took 0.0001 btc which is now cutting upto 0.001 btc. Can you imagine a single bitcoin transaction fees now more than $30-$40? Around 3 years ago, when SegWit was adopted with Bitcoin transaction, it reduced transaction fees but now transaction fees is a concern. 

Recent transaction free has increased a lot.Currently people are among the many losers for transaction fees.This is a big problem right now.If you want to send $10, you have to pay a transaction fee of $40 to $50.There is more music than rent.If the transaction is reduced to free then everyone will suffer a lot.What is the reason for the sudden increase in transaction fees?I will draw the attention of the senior brothers. If you know about this, you must discuss in detail.

[Cristiano]

I went to send $50 Ethereum in the morning but went there and saw that my transaction fee would be cut to about  $40.I was shocked to see that story.What is the main reason for such a sudden increase?Then I did not want to send the dollars.Because later if the transaction is reduced then I will think of sending.I think this problem will cause a lot of damage to everyone.Because at the present time most people are now there to exchange dollars.

[UNIVERSE]

This is what actually happens. The fee transaction of Bitcoin is actually high enough from the start. And this is different if we use Segwit wallet, it is cheaper sometimes. Moreover we can also set the fee in order to speed up the transaction process.

[Azaleea]

I went to send $50 Ethereum in the morning but went there and saw that my transaction fee would be cut to about  $40.I was shocked to see that story.What is the main reason for such a sudden increase?Then I did not want to send the dollars.Because later if the transaction is reduced then I will think of sending.I think this problem will cause a lot of damage to everyone.Because at the present time most people are now there to exchange dollars.

You are right. High transaction fees allow anyone to cancel or withhold the transaction at a reasonable cost. The vendor should consider the low cost so that the transaction volume increases.

[Triedboy]

With the increase in the price of Bitcoin but the transaction fee has increased a lot. With so many transactions fees, small investors have a lot of problems. I believe that the higher the price of Bitcoin, the higher the rate of fees transactions.

[Wedhus Balap]

We should not be surprised by the increase in transaction fees. That's just normal. Like the rising price of bitcoin. Although indeed an increase in transaction costs will definitely make a lot of people's considerations in making transactions

[bitbit97]

Guys, I dont understand, why are you so worried about Bitcoin transaction fees. You can pay $40 for a transaction or $1 for same transaction. Everything depends on how quick you want receiver to get BTC. Set 1sat/byte fee and wait for weeks for transaction to reach. Most important, transaction will reach receiver with 100% probability. Despite Ethereum, where network could simply burn your gas and your transaction will return.

[flyaccount]

If you can invest in both, it would be great to invest. Because these two coins are definitely good and definitely potential. You certainly won't regret investing in Bitcoin or Ethereum.

[masterrex]

Have you witnessed Bitcoin transaction fees recently?
Actually i haven't made any Bitcoin transaction in the last 6 months. I made all transactions with USDT, XLM, TRX and DOT. 6 months ago when i made last Bitcoin transaction, it took 0.0001 btc which is now cutting upto 0.001 btc. Can you imagine a single bitcoin transaction fees now more than $30-$40? Around 3 years ago, when SegWit was adopted with Bitcoin transaction, it reduced transaction fees but now transaction fees is a concern. 

It's not surprising because the Bitcoin price is rising so fast thats, why the Network is congested thats why many users are choosing high fees just to prioritized their transactions mostly whales are doing that triggering the greedy miners to prioritized them just like Ethereum the greed are hovering in both Networks Miners are taking advantage of the situation and I believe it's unsustainable Ethereum become worst because of these transaction fees. Thats why it is not worth using it anymore it's better to find other alternatives like Binance Smart Chain. Tron etc.