4th Street Bar Hive-Bar

Hive-Bar Powered by Hive beta-fdb5b5b

Community post

Bitcoin's Fee now down

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:
https://steemitimages.com/0x0/https://s13.postimg.org/em6pzaavr/Screen-_Shot-2018-02-19-at-11.27.48-_PM-640x242.png
(Source: https://arstechnica.com/tech-policy/2018/02/bitcoins-transaction-fee-crisis-is-over-for-now/)
What this means going forward?
Screenshot_3.png

For now, it looks like those wanting to use cryptocurrency for payment are mostly using better alternatives.

Screenshot_4.png

3 upvotes $0.00

Replies (1)

Review before signing

Posting as . Signing with . Keychain permission: Posting. Hive Keychain will ask you to approve this action next.


  
Technical details

Operation fingerprint: