The fee for Bitcoin transaction may soon reach $ 10. Commission for Bitcoin transactions remain the biggest problem in the world of crypto currency. There seems to be no short-term solution to this problem. Some updates to the network are still under development, but it may take months or even years to reach the market. The data indicate that Bitcoin's transaction fee doubles almost every three months.
Bitcoin has a serious problem, which eventually becomes more obvious. Spending a lot of money as a payment for a transaction is never funny. Unfortunately, over the past year and a half, this has become the norm in Bitcoin's world. This is always easier said than done. Even the introduction of SegWit practically did nothing to solve the problem of fees.
Data shows how Bitcoin's transactional costs change over time. Since April 2016, everything has come out of control. Over the past 24 months, the commission has doubled almost 10 times. This is disturbing. Of course, not everyone pays high transaction costs, or at least we can only hope that this is so.
Despite the fact that many people do not object to the expectation of confirmation, this is still alarming. Everyone assumed that Bitcoin would remain a cheaper alternative for sending money around the world. But, now, he does not meet these expectations. If the commission does not decrease, the situation will finally get out of control.
Despite the growth of both the networks of the Etherium and Bitcoin Cash, it seems that Bitkoyn's situation is much worse. It is obvious that the commission for transactions in Bitkoyne can become $ 10 or, possibly, even more in the very near future.
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