Money Talk

the bitcoin fee is annoying

Submitted by [email protected], , Thread ID: 45368

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RE: the bitcoin fee is annoying

#11
I agree the fees is to high on transferring bitcoins and other coins

RE: the bitcoin fee is annoying

#12
27-08-2017, 07:05 PM
[email protected] Wrote:
Hi there
nowadays transferring BTC cost to many fee, for example, i transfer 60$ with 6$fee!!
that's about 10%, and let me tell you the funny part, it take more than 2 days to confirm.
do you guys have this issue?

I hate that part

RE: the bitcoin fee is annoying

#13
Unlike Visa that can process thousands of transactions a second, Bitcoin can only do 7 transactions a second top, that causes a "bottleneck" the more people there are waiting for their transaction to go through, higher demand= higher transaction fees.

RE: the bitcoin fee is annoying

#14
It is annoying but it is nessary for the system to work or nobody would process transactions which would kill bitcoin.

RE: the bitcoin fee is annoying

#15
it is free for transaction between crypto, but there will be some fees when it come to another currency

RE: the bitcoin fee is annoying

#16
The costs for transferring money to Crypto Currency is absolutely god awful. It turns me away from using them, to be honest.

RE: the bitcoin fee is annoying

#17
the fee is defenitely high. due to all the miners hanging around. they need to eat too

RE: the bitcoin fee is annoying

#18
i also heard about GDAX which seems to be good place to trade, but havent test it yet

RE: the bitcoin fee is annoying

#19
It's universal bro. You should spend it in a way that you should not regret it hahaha

RE: the bitcoin fee is annoying

#20
Dude, bitrcoin is the most good think someone ever done

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