Bitcoin (Low) Fees Monitoring

[Zed0X]

~ But yeah still my question is that does transaction fees be back to a dollar or less or it is just a dream?

The 3 images I posted are literally less than $0.50 You must have been still asleep when you were posting here.

~
How effective will Bitcoin be used as a means of payment in a person's daily life if the transaction fee is even $ 1? When it comes to buying bread or a cup of tea, who can pay $ 1 per transaction?

Right now, paying in BTC for a bread or a cup of coffee is less than or equal to the fees when you pay in Doge. As you know, people have always been saying that fees on Doge are cheap but that's because Doge itself was too cheap (before).

[Zed0X]

For a brief moment, fees dropped to as low as 1 sat/vbyte. I thought I was trippin' when I saw that but Yes, you read that right.  With Doge pumping, ETH and BSC networks clogging up, transactions over the Bitcoin network are cheaper.

[masudginanjar]

According to https://mempool.space/, fees could go to as low as 4 sats/vbyte. Take advantage of this chance.

From this picture I see that the smallest "LOW" is only 4sat/vB but after I checked directly on the website https://mempool.space/, it turns out that now it has gone up again to 16sat/vB, really an impressive irony.
It has become a very large increase because it is almost 4x the increase when you want to move Bitcoin.
But of course at other times these costs will change over time, or maybe even decrease up to 1sat /vB for the cheapest cost.

[Zed0X]

~
From this picture I see that the smallest "LOW" is only 4sat/vB but after I checked directly on the website https://mempool.space/, it turns out that now it has gone up again to 16sat/vB, really an impressive irony.
It has become a very large increase because it is almost 4x the increase when you want to move Bitcoin.
But of course at other times these costs will change over time, or maybe even decrease up to 1sat /vB for the cheapest cost.

Where's the irony? When you understand The transaction fee is driven by the consumer demand within the limit of the Bitcoin protocol (10 mins. block time), you won't see the irony from the 4 sats/vbyte to 16 sats/vbyte.

Right now, the fee is around 20 to 60 sats/vbyte after the latest difficulty adjustment.

[Power420]

The amount of gas fee cryptocurrency has been high for a long time.  Because the amount of gasfee received is not going to be assumed that if the amount of gas continues to increase, then cryptocurrency transactions will stop.  Because selling a token costs three times more than what is available, the biggest hurdle is the gas fee.

[Zed0X]

The amount of gas fee cryptocurrency has been high for a long time.  Because the amount of gasfee received is not going to be assumed that if the amount of gas continues to increase, then cryptocurrency transactions will stop.  Because selling a token costs three times more than what is available, the biggest hurdle is the gas fee.

You should at least learn to differentiate a token from a coin. Gas fees  are usually associated with Ethereum or Neo and not with Bitcoin which is the topic here.

[sacrotic]

That's good news but I believe we have problem with eth fees. Eth consument grow bigger every day and many platform using it, but if btc can do it that's great. Still wait eth 2.0 but if btc have lower fees I'll leave eth.

[Muneeb22]

Soon the fee is low in the future and i hope that time the BTC price go high so much because still the big bull is not start when the big bull is start that time the BTC touches the 200,000$.

[Kangaro45]

High transaction fees have created a very complex problem in the cryptocurrency market at present.  In the current situation of the market, we are not in favor of encouraging anyone to pay high fees or paying extra fees.  The signature should change the situation and arrange for a lower fee.  The situation in China was very normal and it has been resolved now, so we are all in favor of paying a very small fee. We hope that this problem will be solved in the future.

[Zed0X]

It's that time again when mempool isn't that congested and you get transaction fees under a $1

[Afony]

For bitcoin, this is a very stable transaction fee and can even be transferred even cheaper, compared to other platforms, bitcoin holds its bar. It can be seen that bitcoin improves and develops its product so that it is available to every user.

[Zed0X]

Fees cheaper on a weekend as expected. Best time to send those BTC.



edit:

Even better

[UNIVERSE]

The fees of Bitcoin are sometimes very dropped, but sometimes it is very high s that I can really get the new coin listing there but there is no hope for most people.
Now, we are heading to the time when the market is down enough like in a bear trap and we can expect for about this

[Zed0X]

Here we go again

[Ariful]

In This moments Bitcoin fess are cost lost. But in the past, the fees were very high which became the biggest obstacle in the transaction.  But currently the fee is very low due to which huge benefits are available now.