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RE: Bitcoin fees have spiked again, $20 USD for 1 confirm transactions!

in #blocktrades7 years ago

Unfortunately, no. Miners keep track of the amount of fee per byte, so just the size of the transaction is important and not the amount transferred. This keep Bitcoin from getting used like in the past to buy things or transfer without intermediaries because who wants to pay 20$ fee for transferring 20, 10 or just 5$? It is absurd.