Did you notice that BTC fees are very, very low? I tried to send some money from my ledger and I paid only 10 cents for fees!
It has been few dollars just 4-5 weeks ago.
This is great for whole community.
Here are you few links where you can check current transaction fees:
- Almost all time low: https://blockchain.info/charts/transaction-fees?timespan=all
- This is maybe even better chart: https://blockchain.info/charts/transaction-fees-usd?timespan=all
What could be the reason for this? Lighting Network is not reason, because it is still in test phase and once it gets implemented, we will be able to send huge money for a few cents and it will be crypto paradise!
In my opinion, the main reason is Segwit. A few days ago we got info from Coinbase that they are going to start using Segwit. It looks like others did the same. At the moment, we have very strong BTC. Very low fees, I will check the speed of transactions, but even with slow transactions, it is better than it was a few days/weeks/months ago.