Bitcoin transaction fees are INSANELY high!

in #bitcoin • 6 years ago

Screenshot_20171209-034030~2.png
The average transaction fee is up to 400satoshi/byte, which is about $15! Then you would still have to wait about 30-45 minutes for your transaction to go through. Some people were paying up to 800+ satoshi/byte! Hopefully the fees will die down soon as the price of Bitcoin itself has gone down quite a bit.

#transaction #fees #mining #cryptocurrency
6 years ago in #bitcoin by
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