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/biz/ - Business & Finance

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2232609 No.2232609 [Reply] [Original]

Why the fuck are bitcoin transaction fees so gigantic now?

>> No.2232615

>>2232609
Aren't they a percentage of its value?

>> No.2232629

>>2232615
no. Because large transactions don't take more processing power than small ones (or not much more)

I sent a 5 dollar payment and was charged a $1.5 transaction fee

>> No.2232651

I thought the fee was sth llike 0.3%?

but that 30%

>> No.2232667

>>2232609
its bad right now

but lightning network will change everything it will be start of massive adoption in real life