Bitcoin's Fee now down

in #bitcoin7 years ago

What's the fee like today?
As of yesterday, the daily transaction fee on bitcoin was down to about $.79 per transaction.

A dramatic 98% drop from the highs seen just a few months prior.

This also marked the lowest transaction fee on bitcoin seen in the last 6 months.

Below is a graph of the median transaction fee over the past 6 months:

(Source: https://arstechnica.com/tech-policy/2018/02/bitcoins-transaction-fee-crisis-is-over-for-now/)
What this means going forward?
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For now, it looks like those wanting to use cryptocurrency for payment are mostly using better alternatives.

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It's a good information for bitcoin user.