Are Bitcoin Network Fees Too High? Is A Solution Just A ...

Bitcoin transaction fees too high, add support for different crypto currencies - Steam Forums

Bitcoin transaction fees too high, add support for different crypto currencies - Steam Forums submitted by ichundes to btc [link] [comments]

Bitcoin transaction fees too high, add support for different crypto currencies - Steam Forums

Bitcoin transaction fees too high, add support for different crypto currencies - Steam Forums submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Are Bitcoin Transaction Fees Too High?

I just checked on https://tradeblock.com/bitcoin the bitcoin fees. On average, each transactions has 0.0001 or 0.0002 fees (4 cents). IMO, this is too costly, not sustainable and not competitive enough with existing fiat payment systems.
submitted by Egon_1 to btc [link] [comments]

Are Bitcoin Transaction Fees Too High? /r/btc

Are Bitcoin Transaction Fees Too High? /btc submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Transaction fees are too damn high! (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Transaction fees on BTC are too high for it to be useful in payments, and the blocks are too full for reliable confirmations. These are facts. But according to BTC maxis, [@Bitcoin is] a scammer and a villain and a fraud for pointing these facts out.

Transaction fees on BTC are too high for it to be useful in payments, and the blocks are too full for reliable confirmations. These are facts. But according to BTC maxis, [@Bitcoin is] a scammer and a villain and a fraud for pointing these facts out. submitted by ThomasZander to btc [link] [comments]

Warning: Ledger will not broadcast BCH transactions with a fee of less than 10 sat/byte. Ledger - that is absurd and must be fixed. I now have to go through the headache of signing the tx myself. You should have a warning or something there. The default fees for Bitcoin Cash are way too high.

submitted by God_Emperor_of_Dune to ledgerwallet [link] [comments]

15$ Bitcoin transaction fees are too high? No worries. According to Bitcoin Core developer LukeDashjr, a block size increase probably still won't be necessary for a decade or two.

15$ Bitcoin transaction fees are too high? No worries. According to Bitcoin Core developer LukeDashjr, a block size increase probably still won't be necessary for a decade or two. submitted by DerSchorsch to btc [link] [comments]

bitcoin fees are still too high for Venezuela. A high fee could be choice between a meal & a transaction. Use litecoin instead

bitcoin fees are still too high for Venezuela. A high fee could be choice between a meal & a transaction. Use litecoin instead submitted by sdczen to litecoin [link] [comments]

My friends and I want to start regularly paying each other in crypto. About a half a year ago we used Bitcoin for a little. But the transaction fees are too high. What currency would you recommend?

Right now I have two important attributes to a currency that would be a catalyst for us to begin using it:
  1. Transaction fees
The fees should be low, it should be a negligible fee because we will mostly be using micro transactions. So far these are my candidates in this department:
  1. Zcash
  2. Ethereum
  3. Litecoin
  4. DASH Now I understand Ether really isn't technically supposed to be used as a currency, but c'mon, it's worth something and all we really need is something that has value that we can pay each other in. Plus the transaction fees and processing times are attractive.
  5. Usability and convenience
This is an experiment between my closest friends, we are trying to promote crypto adoption. Some of us are quite well versed in the crypto-sphere, but others are technologically illiterate. We need a currency with a reliable and well made phone wallet/app. Now this is something I'm not as familiar with. I know DASH has a wallet app but I am unsure of other options. Honestly, whichever currency has the best option for mobile payments will be the one we go for.
Anyway, thanks for the help!
submitted by japster28 to CryptoCurrency [link] [comments]

[META] bitcoin miner fees are currently very high and rising, ~$12+ btc, number of unconfirmed transactions are very high and rising too, ~200k+, keep in mind buying and selling btc

submitted by nter to BitMarket [link] [comments]

More like Bitcon. High fees, low tx speed, Thethers, planned off-chain transactions with Paypal and Mastercard working as middle man, remind me again why do we need Bitcoin Core? Store of value? Really? I have 5 peanuts in my hand. They can store value too. Let me give you a peanut.

submitted by bitcoindafuture to btc [link] [comments]

How will Bitcoin Cash's transaction fee drop below Ethereum, and ultimately permanently drop below $0.10? Currently ~$0.30 per transaction is too high

How will Bitcoin Cash's transaction fee drop below Ethereum, and ultimately permanently drop below $0.10? Currently ~$0.30 per transaction is too high submitted by Bastiat to Bitcoincash [link] [comments]

More like Bitcon. High fees, low tx speed, Thethers, planned off-chain transactions with Paypal and Mastercard working as middle man, remind me again why do we need Bitcoin Core? Store of value? Really? I have 5 peanuts in my hand. They can store value too. Let me give you a peanut. /r/btc

More like Bitcon. High fees, low tx speed, Thethers, planned off-chain transactions with Paypal and Mastercard working as middle man, remind me again why do we need Bitcoin Core? Store of value? Really? I have 5 peanuts in my hand. They can store value too. Let me give you a peanut. /btc submitted by BitcoinAllBot to BitcoinAll [link] [comments]

[4] Steam has stopped accepting Bitcoin from gamers. They say it's too volatile and transaction fees can be as high as $20

submitted by collapse-jeeves to collapse_wilds [link] [comments]

[uncensored-r/Bitcoin] When those transaction fees get too high

The following post by elburgher is being replicated because the post has been silently greylisted.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/7ifjz8
The original post's content was as follows:
https://i.redd.it/0uo9nedxsp201.jpg
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

15$ Bitcoin transaction fees are too high? No worries. According to Bitcoin Core developer LukeDashjr, a block size increase probably still won't be necessary for a decade or two.

15$ Bitcoin transaction fees are too high? No worries. According to Bitcoin Core developer LukeDashjr, a block size increase probably still won't be necessary for a decade or two. submitted by BitcoinAllBot to BitcoinAll [link] [comments]

More like Bitcon. High fees, low tx speed, Thethers, planned off-chain transactions with Paypal and Mastercard working as middle man, remind me again why do we need Bitcoin Core? Store of value? Really? I have 5 peanuts in my hand. They can store value too. Let me give you a peanut. /r/Bitcoin

More like Bitcon. High fees, low tx speed, Thethers, planned off-chain transactions with Paypal and Mastercard working as middle man, remind me again why do we need Bitcoin Core? Store of value? Really? I have 5 peanuts in my hand. They can store value too. Let me give you a peanut. /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Transaction Fees too high? /r/Bitcoin

Transaction Fees too high? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

08-18 20:52 - 'Stfu. Do some goddamn research. Bitcoin fees at so goddamn high. Bitcoin cash just mined a block with 37,000 Transactions. Bitcoin is too slow also. / Cashvscore.com / The real question is how much money did you already los...' by /u/mrbitcointv removed from /r/Bitcoin within 73-83min

'''
Stfu. Do some goddamn research. Bitcoin fees at so goddamn high. Bitcoin cash just mined a block with 37,000 Transactions. Bitcoin is too slow also.
Cashvscore.com
The real question is how much money did you already lose investing into Bitcoin so late?? Rofl.
Ver is very smart. Doesn't hold a bias like you fucking core segcoin holders. Have fun using slow tech & paying $10 to move $100.
I use to hold a BTC bias too. Let it go. You are only going to lose value. Also ethereum is a scam.
Smell the roses. Toodaloo
'''
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Author: mrbitcointv
submitted by removalbot to removalbot [link] [comments]

08-22 17:42 - 'Coinbase is terrible at setting fees and doesn't let you set your own. I understand their position though, either they set it too low and people complain their transaction are taking too long. Or they set it too high and peo...' by /u/tacotacoman1 removed from /r/Bitcoin within 0-4min

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Coinbase is terrible at setting fees and doesn't let you set your own. I understand their position though, either they set it too low and people complain their transaction are taking too long. Or they set it too high and people complain the fees are too high.
Coinbase should allow you to set your own fee. Or at least give you an option for high priority high fee transaction, or low priority low fee transaction.
'''
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Author: tacotacoman1
submitted by removalbot to removalbot [link] [comments]

07-17 21:32 - 'It's funny how now r/Bitcoin is off complaining saying that miners want bigger blocks because transaction fees are too high for them to spam meanwhile 3 years ago r/Bitcoin was off complaining about how miners were ar...' by /u/PoliticalDissidents removed from /r/Bitcoin within 0-3min

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It's funny how now /Bitcoin is off complaining saying that miners want bigger blocks because transaction fees are too high for them to spam meanwhile 3 years ago /Bitcoin was off complaining about how miners were artificially keeping blocks smaller than the hard cap (even occasionally mining empty blocks) so as to increase transaction fees so they'd make a higher profit.
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Author: PoliticalDissidents
submitted by removalbot to removalbot [link] [comments]

BTC: How to Avoid High Fees & Tx Times Why Bitcoin Fees are so High (and how to get them lower) Bitcoin Fees and Unconfirmed Transactions - Complete ... Bitcoin transaction fees EXPLAINED! Why are they so high ... Bitcoin high transaction fee and Bitcoin Cash attack

Average fees hit an 11-month high of $5.16 on May 14. Bitcoin's blockchain mempool is backed up with 56MB of unconfirmed transactions. Average transaction fees on the Bitcoin network have hit a new 11-month high. According to data from Bitinfocharts, the average fee paid for transacting on Bitcoin hit $5.16 on May 14—a phenomenon not witnessed since June 2019. The average transaction cost ... Not a single day goes by without someone complaining about transaction fees on the Bitcoin network. The ignorance of a vast majority of Bitcoin users is fuelling a lot of anti-Bitcoin propaganda, as gullible users are being poorly advised to desert Bitcoin for centralized and poorly secured blockchains. For high-speed bitcoin transfers and exchanges, each transaction requires a blockchain fee. The fee is usually low, however sometimes higher fees are needed to complete your transfer or exchange. This article will explain why this happens and how you can avoid high blockchain fees. Q. Why is the blockchain fee so highA. Fees for your transaction are a function of two things: - The overall network requirement for fees (how congested the network is) - The number of inputs involved in your specific transaction (the size of the transaction) Network Congestion on the Blockchain Competitively Raises Fees. The main reason for high bitcoin miner fees is supply and ... Bitcoin Transaction Cost Is Too High. will it change after adjustment since the transaction cost is being affected by the crazy price rise If you think the bitcoin fee is too expensive, I suggest you convert your bitcoin to ethereum/doge/litecoin, and the total fee which you paid by converting your bitcoin is more smaller than the current bitcoin's standard fee.

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BTC: How to Avoid High Fees & Tx Times

Support our channel by using the Brave browser, browse up to 3 times faster, no ads, get rewarded for browsing: http://bit.ly/35vHo0M This is a complete begi... One thing to keep in mind here about the transaction fees. If you try to send your bitcoin without paying any transaction fee or you pay a very very small transaction fee compared to the average ... Now that BTC network transaction fees to send only $1.00 are over $30, it clearly signifies it means "Trashed", Bitcoin Trashed - BTC How fast do you think more people will be giving BitcoinCash a ... There are a couple ways to lower the fees, but first you need to know why the fees are high in the first place. There are over 100,000 unconfirmed transactions on the bitcoin blockchain. Do you have a bitcoin transaction that seems to be stuck for hours in the mempool? Have you ever wondered if you are paying too much money for your transaction fees? This video takes the guessing ...

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