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Title: what's the best practice for transaction fee setting? Post by: newguy05 on June 10, 2011, 12:15:10 AM I am just curious if most of you set transaction fee? and if so what's the amount. The bitcoin client says it recommends 0.01. I dont mind paying some for transaction fees to support the network but just want to get a feel what is the accepted norm in the community. thanks
Title: Re: what's the best practice for transaction fee setting? Post by: jackjack on June 10, 2011, 12:19:07 AM The next release will recommend 0.0005
Title: Re: what's the best practice for transaction fee setting? Post by: kokojie on June 14, 2011, 04:30:21 PM 0.0005 is great. The 0.01 fee was too much for frequent transactions.
Title: Re: what's the best practice for transaction fee setting? Post by: kokojie on June 14, 2011, 04:35:10 PM Though I often wonder, but never dared to try, 0.00 fee. Does it work?
Title: Re: what's the best practice for transaction fee setting? Post by: TheAlchemist on June 14, 2011, 04:43:35 PM Though I often wonder, but never dared to try, 0.00 fee. Does it work? I just transferred 1 bitcoin to with no fee... Title: Re: what's the best practice for transaction fee setting? Post by: kokojie on June 14, 2011, 05:07:24 PM Though I often wonder, but never dared to try, 0.00 fee. Does it work? I just transferred two bitcoins to http://www.tradehill.com (http://www.tradehill.com) with no fee... how long did it take? One guy said it took over 10 hours for his 0 fee transaction to appear in mtgox Title: Re: what's the best practice for transaction fee setting? Post by: TheAlchemist on July 01, 2011, 01:30:07 PM how long did it take? One guy said it took over 10 hours for his 0 fee transaction to appear in mtgox Yeah, it took about an hour or two, IIRC, but I wasn't monitoring it continuously because, well, it was only a few BTC. |