[makomk]

Well, there was about a month or two when Bitcoin looked more like a store of value than a medium of transaction at any rate. Fees are starting to look increasingly more reasonable now that the insane growth and massive speculation has stopped. (There's reason to suspect that during the worst of that period, a rather large proportion of transactions were to and from Coinbase/GDAX - not helped by the fact they don't batch withdrawals and have enough revenue to just throw money at transaction fees, which of course drove up fees for everyone.)

[chocolatebunny]

I haven't been keeping up with this. What's the bitcoin transaction cost now?

[makomk]

They were under a dollar after dropping for several days straight, not sure where they are now or where they're going to end up either in the short term or once SegWit finally comes into widespread use. (It'll probably take a while for the transaction cost estimators and average transaction fees to catch up in any case; there's a lot of software generating very slow, conservative fee estimates.)

[takeda]

https://bitinfocharts.com/comparison/bitcoin-transactionfees...

[Jach]

It's a bad idea to use the "average" for a measure of what the fee is "right now". https://bitcoinfees.earn.com/ is a much better source.

[takeda]

Yes, but that one gives values in a currency that no one who doesn't already know the answer to this question would know or care about.