Guess what,, Bitcoin transaction fees are amazingly cheaper

in #bitcoin6 years ago

Is that a sing of true downtrend or a sign of growth?
I believe Bitcoin needs cheap transaction fees to survive,, it was way too expensive about $25 a transaction
No it is about 10x cheaper!
Does that mean bitcoin will have a growth of 10x less than it could do if the fees where higher, possible and possibly not!
We live and see
What I know is the Bitcoin number of transaction have dropped to 50% or more,, that is because no one wants to pay huge amounts of money just to move founds from a wallet to another!
Keep it up and keep warm, it's freezing in London 1519909189623253287456.jpgvideotogif_2017.10.20_09.48.35.gif

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Lightning network is here which should dramatically reduce transactions on chain and therefore reduce fees and transaction times

hey great information @greatvideos,yes you are right bitcoin transaction fess are very high on exchanges especially on bittrex exchange.I hope one day transaction fees will become less.By the way thanks to share your opinion.Upvoted and resteemed.Please have a look on my recent post and support me.I have msg you and @arttadict on discord channel.
https://steemit.com/untalented/@danishali22786/basics-of-ethical-hacking-series-4-3

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