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Author Topic: ♨♨♨ Bitcoin Fees Are Outrageous ♨♨♨  (Read 204 times)

abaid

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♨♨♨ Bitcoin Fees Are Outrageous ♨♨♨
« on: August 27, 2018, 09:37:21 PM »
90% of all bitcoin owners have less than 0.1 BTC each

the fees to transfer $100 worth of BTC cost around $25. that is outrageous

that means 90% of the owners cant even afford to transfer their coins without losing a lot of money

pwt22

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Re: ♨♨♨ Bitcoin Fees Are Outrageous ♨♨♨
« Reply #1 on: August 28, 2018, 05:31:21 AM »
Yes the fee is too high, I hope there is a way to lowering the fee of bitcoin transaction. The current fee will not good for daily transactions, I am sure that people will prefer like to use paper money if the fee is still high.
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secco

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  • Re: ♨♨♨ Bitcoin Fees Are Outrageous ♨♨♨
    « Reply #2 on: August 28, 2018, 07:01:58 PM »
    the fees to transfer $100 worth of BTC cost around $25. that is outrageous

    Some exchanges have some really insane fee, though standard mining fees dropped a lot recently.

    Today you can do a transfer for ~60 cents hitting the 1st block. Check BTC optimal fee: https://bitcoinfees.earn.com/
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    happycoin

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    Re: ♨♨♨ Bitcoin Fees Are Outrageous ♨♨♨
    « Reply #3 on: August 29, 2018, 09:04:44 PM »
    Some exchanges might have free withdraw.  I used QuadrigaCx exchange, and they did withdraw free over 0.001 bitcoin, helped me a lot during high fee days.  It doesn't seem so bad now, you're still paying that much?

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