Bitcoin users have been actively complaining about high transaction prices after the implementation of Segwit. There have been reddit threads voicing concerns like this one or this one. Moreover, Twitter has been full of complaints too:
When the price of doing 1 #Bitcoin transaction costs $100, people will stop using it. No one will pay a fee that high. Only a penny on BCH.
— Michael Matthews (@mikerelentless) August 24, 2017
The transaction fees are a result of the success of bitcoin.. and it’s high price. they are working on solutions …
— JayBNY (UASF) no 2x! (@jaybny) August 24, 2017
So… are #Bitcoin fees starting to be a problem?
— Coin Vigilance (@coinvigilance) August 25, 2017
Segregated Witness will be activated on the bitcoin network, enabling faster transaction processing and possibly increasing its price
— Obfuscator (@Sinistrian) August 23, 2017
Hopefully the situation will settle a bit, because those were the key “selling points” of Bitcoin: lightning-fast transactions and low fees. “the problem being the minimum transaction fee with bitcoin is also 0.0001 BTC and it’s 4usd at the correct price”, as one Bitcoin user noted on Twitter.
Edit: more reports of ridiculous transaction prices begin to surface: