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Title: Different fees Post by: czechkid on August 20, 2015, 06:55:30 AM Hi is there certain time or something that lets the transaction fees change?
My latest log is: -0.100129 -0.100129 -0.100219 -0.100309 The receiver is the same. Just times are different Title: Re: Different fees Post by: subSTRATA on August 20, 2015, 08:05:42 AM not enough info to help you with your issue here, what wallet are you using to send payments? and how much are the fees coming out to be? i dont imagine your tx fees would be 0.1+ btc.
Title: Re: Different fees Post by: BTCLovingDude on August 20, 2015, 08:41:26 AM the fees are decided according to the transaction size, you should include tx ids to make it easy to understand
Title: Re: Different fees Post by: cogabonito on August 20, 2015, 09:40:30 AM If you use Bitcoin Core you can set fee amount. If you try to send a lot of dust transactions at the same time the fee will be increased. It doesn't have to be the same amount every time but minimum.
not enough info to help you with your issue here, what wallet are you using to send payments? and how much are the fees coming out to be? i dont imagine your tx fees would be 0.1+ btc. It's probably mBTC. That makes more sense. Title: Re: Different fees Post by: ranochigo on August 20, 2015, 11:20:48 AM Hi is there certain time or something that lets the transaction fees change? 2 different reasons.My latest log is: -0.100129 -0.100129 -0.100219 -0.100309 The receiver is the same. Just times are different 1) Your wallet sets a fee of 0.0001BTC/KB. The higher the size, the higher the transaction fees. 2) In core wallet, there is a special feature called smart fee. It analyse the recent transactions and estimate the fee by using statistics generated from the node itself. AFAIK, the default is fast, it will try to set the fee such that it could be included in the next block with a higher probability. Title: Re: Different fees Post by: Pursuer on August 20, 2015, 12:25:39 PM If you use Bitcoin Core you can set fee amount. If you try to send a lot of dust transactions at the same time the fee will be increased. It doesn't have to be the same amount every time but minimum. not enough info to help you with your issue here, what wallet are you using to send payments? and how much are the fees coming out to be? i dont imagine your tx fees would be 0.1+ btc. It's probably mBTC. That makes more sense. it might be the total amount that he had sent since he is saying my log is: ..... which means he is sending 12900-30900 satoshi in fee amounts which is something normal if he has multiple inputs and outputs. Title: Re: Different fees Post by: bimasena25 on August 20, 2015, 06:06:49 PM of course, different wallet will give different transaction
example you use multi wallet at blockchain,. you combine your balance, and send.. bang..! you will get your fees increase unusual Title: Re: Different fees Post by: tommorisonwebdesign on August 20, 2015, 09:17:16 PM You will definitely want to look into the fees setting in the wallet your using. Bitcoin core has an option to disable fees. I will take a long time for the transaction to confirm on the blockchain. Smart fee is the best way to go as pointed out above.
Title: Re: Different fees Post by: cryptworld on August 20, 2015, 10:40:29 PM May be using a wallet that calculates the fees depending on the stress in blockchain
Title: Re: Different fees Post by: Hexcoin on August 21, 2015, 03:36:35 AM Hi is there certain time or something that lets the transaction fees change? My latest log is: -0.100129 -0.100129 -0.100219 -0.100309 The receiver is the same. Just times are different different wallet uses different transaction fee (atleast on their default) and some wallet depends on the inputs of the transaction Title: Re: Different fees Post by: 98problems on August 21, 2015, 12:46:25 PM Hi is there certain time or something that lets the transaction fees change? My latest log is: -0.100129 -0.100129 -0.100219 -0.100309 The receiver is the same. Just times are different different wallet uses different transaction fee (atleast on their default) and some wallet depends on the inputs of the transaction Title: Re: Different fees Post by: ranochigo on August 21, 2015, 01:33:29 PM Hi is there certain time or something that lets the transaction fees change? My latest log is: -0.100129 -0.100129 -0.100219 -0.100309 The receiver is the same. Just times are different different wallet uses different transaction fee (atleast on their default) and some wallet depends on the inputs of the transaction Title: Re: Different fees Post by: czechkid on August 21, 2015, 02:40:53 PM Its the same wallet electrum.. Im sending 0.1, transaction fee is set at 0.000129 but as you can see they increase
Title: Re: Different fees Post by: GrandmaJean on August 21, 2015, 04:50:40 PM Its the same wallet electrum.. Im sending 0.1, transaction fee is set at 0.000129 but as you can see they increase thats strange, it shouldnt increase without your permission then as you made it fixed, i guess you have to manually add fees then if you want to keep it the sameTitle: Re: Different fees Post by: hendra147 on August 21, 2015, 04:52:32 PM Its the same wallet electrum.. Im sending 0.1, transaction fee is set at 0.000129 but as you can see they increase why you not make it default fee ? like 10.000satosi ? I choose 5000satosi for all my transcation at electrum wallet and blockchain Title: Re: Different fees Post by: Snorek on August 21, 2015, 05:06:27 PM Its the same wallet electrum.. Im sending 0.1, transaction fee is set at 0.000129 but as you can see they increase why you not make it default fee ? like 10.000satosi ? I choose 5000satosi for all my transcation at electrum wallet and blockchain Title: Re: Different fees Post by: 98problems on August 22, 2015, 11:05:04 AM Its the same wallet electrum.. Im sending 0.1, transaction fee is set at 0.000129 but as you can see they increase why you not make it default fee ? like 10.000satosi ? I choose 5000satosi for all my transcation at electrum wallet and blockchain Title: Re: Different fees Post by: Hazir on August 22, 2015, 06:01:55 PM Its the same wallet electrum.. Im sending 0.1, transaction fee is set at 0.000129 but as you can see they increase why you not make it default fee ? like 10.000satosi ? I choose 5000satosi for all my transcation at electrum wallet and blockchain Quote Every time you receive a bitcoin payment to your wallet you have a new input to spend at a later date. Think of this like a lump of bitcoin you can use later. When you later want to use these lumps of bitcoin they need space as part of the transaction your wallet creates for you. This is usually 180 bytes per input. A bigger (in terms of byte) transaction will need more fees in order to be confirmed in a reasonable amount of time. Each block offers only a limited amount of space (currently 1MB) and if you need a big chunk of the space a big chunk of your available funds will be used as fee for the miners. Faucets try to counter this by creating payout limits, but they are often set very small. A reasonable fee for a transaction with less than 1000 byte in size is 10,000 Satoshi. If the payout limit is 100,000 Satoshi and you try to spend this input, you will have to spend 10% on fees. If you want an example how bad this can end, I helped someone recover from this a while back, in numbers: - Credit to Shorena, taken from: https://bitcointalk.org/index.php?topic=1044399.0 (https://bitcointalk.org/index.php?topic=1044399.0)~0.5 BTC from faucets, collected over ~2 years, ~2000 inputs, ~350,000 bytes, ~0.09 BTC in fees I Hope this explanation is enough for you to understand how fees can work. |