Have you witnessed Bitcoin transaction fees?

[Herry]

I have realized that Bitcoin's transaction has become free. Bikan's transaction is more free, which has caused a huge problem. If bitcoin transactions continue to increase in this way, then the transaction will have to be stopped at some point. Because with this extra fee, middle-class crypto hunters are not able to do their bitcoin transactions.

[Shut_up]

when the price of all coins went up, they looked for opportunities to increase the price of transaction fees. All traders and bounty hunters cry because very high fees make them unable to carry out transaction activities.
especially traders with small capital. many traders with small capital stop for a while and can only look at the market.
excruciatingly high transaction fees

[Black ID]

Of course, many people even felt very uneasy about the increase in bitcoin transaction fees. Because I only have a small amount of bitcoins, of course, will be very disadvantaged.

[wahyudi]

I have never seen it, but I have compared the rupiah withdrawal fee, bitcoin transfer fee, minimum withdrawal, to maker / taker fees in exchange markets such as Indodax, Tokocrypto, Triv Pro, Upbit, Luno, my account, Zipmex, Digital Exchange ID, and Bitocto  .  In the future, there will be more sites that we will compare as your reference in choosing the best bitcoin exchange market site in Indonesia.
 The table that we present also lists the bitcoin exchange market site in Indonesia.  Here's a comparison of the bitcoin exchange market.

[Alvida]

So far I have never traded in Bitcoin.  So I can't say exactly what the Bitcoin fee is.  However, it is seen that the price of etherium has increased a lot at the present time.

[Malam90]

Of course, many people even felt very uneasy about the increase in bitcoin transaction fees. Because I only have a small amount of bitcoins, of course, will be very disadvantaged.

Whenever you want to make a small transaction like $50-$500, it needs $30+ transaction fees which makes you angry as well as upset. Too many transactions with in a second, Bitcoin network can't process other than 8-10. People increase gas fees to make faster his transaction, others will increase more than previous persons, hence gas fees increases automatically. But we are small holders suffering this problem, until fees can't be minimized, we can't make transactions. We have to wait, nothing for solution in our hands.

[Angel jara]

Everyone finds out through free to control bitcoin transactions. But there are many free media but they can't provide security that is why many people stay away from free media.

[Review]

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. 

Firstly bitcoin transaction is not for low amount holder as they can not afford the fee that is why  we should not check out the current transaction fee.Also for low amount transaction ltc,trx,doge better.Because it safe our money badly according to our total capital.Hope you get my point.

[0t3p0t]

Not just Bitcoin transaction fee increase but also with Ethereum. Those coins you mention might help lessen transaction costs because they are cheaper alternatives. Todays fee is not reasonable when you transact smaller denomination or fractions.

[kent47400]

Nor have I ever had any sending transaction fees for Bitcoin as I mostly trade on Binance using USDT x Altcoins.
After trading and experiencing profits, I easily withdraw to my own ATM account using P2P on Binance which is a very sophisticated feature in my opinion for trading between Fiat.
So maybe I have forgotten about Bitcoin transaction fees and it is really heartbreaking for me to forget how the parent cryptocurrency is sent.

[XM8]

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 myself have witnessed that as the price of Bitcoin has increased, so has its transaction fee While the price of bitcoin was close to $20k to  $30k, Bitcoin's gas free was largely within reach. But ever since the value of bitcoins began to rise Since then it is transaction fee Suddenly increasing. However, I hope that soon Bitcoin transaction free will be normal again.

[marcsymons]

I think there a lot of transactions are happening now in the blockchain. Miners prefer to pick up transactions with the highest attached fees to make their work worthwhile. Therefore, when there are a lot of transactions going on, blockchain suggests the best fee to get your transaction through as fast as possible, which is why it is high at this moment.

[Zed0X]

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.

EXACTLY! If you don't want to suffer from insane fees for your BTC transfers, use non-custodial wallets that allows you to set fees. Much better to still use segwit (nested/native) addresses.

Also the amount of inputs and outputs plays a huge role when calculating transaction fee.

True that. Consolidating inputs when fees are low and you have no plan to spend it yet is actually a good practice.

I've transferred around 0.004 and paid only $5 for that (but it took 4 days for funds to reach the wallet).

I transferred some BTC a few days ago and it confirmed in under two hours while the tx fee was around $1. There are also times when it confirms in 30 minutes while I spend less than $1.

Here are some of the tricks that I do:

2. Check mempool size and recommended fees on websites like https://mempool.space/ (noob friendly) and https://jochen-hoenicke.de/queue/ Both sites are pretty much accurate from my experience.

3. Send on a weekend. It's been observed that mempool tends to be less congested around these times as traders needs some "rest" too. You can send for as low as 1 sats/vbyte (less than $0.50) and your transaction will confirm in an hour (more or less).

[Ogma]

I have not any witness transaction fees recently but many treaders I know who claims the gas fees of btc is not tolerate at the moment .so the transaction fees is now big issue in cryptocurrency market cap .

[Jaya60]

As far as the cryptocurrency market has reached its peak, we can see that with the growth of the cryptocurrency market, transaction fees has multiplied several times. At present, the biggest problem has become transaction fees. But I think those investors who have transaction fees will have nothing. But at the moment, Bitcoin is several times more gas fees.