You are viewing a single comment's thread from:

RE: Bitcoin transaction fees are the lowest in last years.

in #bitcoin7 years ago

Those transaction fees at the end of the year were insane!
That could have been a factor that caused the crash that followed to be so severe. All those new people that got into the market then were investing a few hundred dollars and if they moved it to another exchange to buy alts they were already losing 5-10% of their investment. Hopefully this will make the next climb up that much more stable.

Sort:  

Yep. It got way faster and cheaper!

It got to a point that I started to question how long bitcoin would dominate. Keeping in mind that Coinbase is the most popular source for people to start buying crypto, they offer etherium (which had extreamly low transanction fees in comparison).