Bitcoin Forum

https://i.imgur.com/U0o5M48.png
I wanted/went to go transfer 0.00184008BTC to buy burstcoin, but it takes that much to make a transaction???????????????


Wtf happened to btc? Why is it so high?

I mean what the fuck is going on in 2017?

Sad. If segwit on Litecoin have success maybe will be aplied on Bitcoin and solve the problem of huge fees.

Oh well it's been months now, fees are high as fuck but there's nothing you can do about it.

It all depends on how much bytes is your transaction, as there are many unconfirmed transactions atm you need to pay higher fee in order to get your transaction confirmed faster : https://blockchain.info/unconfirmed-transactions

You can check here appropriate fee : https://bitcoinfees.21.co


What you could do is to send your transaction with this fee : 0.0001 per kilobyte and to try to push your transaction within via btc transaction accelerator https://www.viabtc.com/tools/txaccelerator/  

 A lot of european flags in this map, looks like Bitcoin is more popular now in Europe.

Do you think that the problem will be solved? I wonder how, if so far, they have tried to turn things around and everyone has remained in their own interests.

Wow that's a high fee.  Wouldn't have been a problem a couple years ago when we were at $420, but now those fees are starting to sting.  Still, I've sent more money than that recently and paid much less of a fee, but it took forever to confirm.

This is why bitcoin is impractical as a form of day to day money, and it'll get worse if the price goes higher.

The high fee and the recent inclusion of fee in Coinbase actually made me learn how to create and broadcast transaction myself.

As I do not need a super fast transaction confirmation, I actually just include tiny fee and just wait a few hours/a few days. So far all of them get confirmed eventually. Record low fee for me was 0.25sat/byte.

Core devs decided it would be a brilliant idea to create a fee market and not raise the 1mb blocksize.  They are controlled by a profiteering corporation called Blockstream whose unstated goal is to change Bitcoin from a peer to peer cash system into a settlement network, against the wishes of the users.

This is why they want as little on chain scaling as possible.  After years of stalling they finally offer segwit which gives meager capacity improvements with a consensus threshold set so high it won't be achieved.  Just more stalling while they develop their lightening hub so they can force you off the main chain and pay them fees.

Pretty obvious what the fuck is going on.

I wonder what will happen if the bitcoin price reaches something like 5000$. So sending 0.001 btc, ie. 5$, then sending 1$ will not be possible as that would mean spending 2.5$ in fees.

It's fucking insane.

Fucking idiot developers, from what I read above.

Why don't you just send it with 0 fees if you have a problem with it? Fees aren't mandatory :).

And wait for how long?

That's up to the miners, not the devs.

Meh, I'll let it set in my wallet for years.

Hows that a good thing ? The concern is about rising txn fees with rising price. If it keeps rising, shouldn't the fees actually come down with the rising price ? Otherwise, I don't understand how will the fees be sustained.

Fucking Chinese miners cock-blocking SegWit, that's why we have high fees. Nevermind jonald_fyookshill, blaming Core for everything, because he's paid to  ;)

This is what Op has to do exactly with the transaction. Now you've got the much better way for setting the fee manually. You could set the minimal fee for the transaction. Probably you'll get it confirmed in a short, only because of the increased​price the fee looks high as well the transaction amount too is low.

Too much bitcoin transactions and there is no actual fuck was given to do something about it yet. People just kept on offering hard forks to the community and no one wants to compromise. For sure we'll all see more of this in the future, so expect higher and higher fees will be paid.

This is one of the main issues when it comes to bitcoin today, the TX fee is so high that it kinda makes buying things with it not even an option due to it cutting into the price and just making me want to use another method to purchase something. I think this is due to the scaling solution issues that we had in the BTC community and the issues relating to people just trying to out-compete each-other for the higher tx to be able to be confirmed faster.

It's pretty shitty and we're all here praying for something to come fast out of Segwit, well some of us that is.

This is a really old issue and there is no use of complaining because the bitcoin fees was fixed from the starting and if we want a increase in price we will have to sacrifice other things. I normally use a xapo wallet i have not seen them charging me anything even though it is mentioned in their tos. If you transaction is below 0.01 it takes 24 hours but if it is more than that my transaction got processed in 30 min.

it's because there is huge competition between people that want their transactions confirmed faster, so they raise their fee and force you to raise your, then another one come and want his/her transaction to confirm even faster than the other and increase the fee even more, you get the point


probably will return to the wallet with 0 fee, better to use an accelerator if you can, but right now it's beyond limit again

Good thing is that the price of bitcoin is still going up. However, if the scaling debate is not going to be resolved soon, most of the investors will like go to altcoins like ETH. Did you see the price of ETH lately? they are like going to the moon. I think people are moving out of bitcoin and trying their hands at different alt coins like ETH/ETH, LTC and Doge and just wait and see what will happen to the scaling debate and where will bitcoin go to in the future.

I wish there was a way to make zero-fee and instant transactions with bitcoins.
I quess that was back in the time ,when bitcoin price was only a few USD.
Why do you wanna buy birstcoin?I`ve never heard about this alt.

I currently have 2 transactions that have been unconfirmed for the past several hours. Is there any way to check the size before setting a fee? I'm using Blockchain's wallet, and have set my fees for the last couple transactions to what they've recommended. So anyone know how to check the size before a transaction is actually initiated?

Do not believe everything you read, jonald_fyookball in all probability is a paid shill for BU and will do anything to discredit the current developers. ^grrrrrrr^

The story behind the story is that the Blockchain is spammed by some unknown entity and this is pushing up the fees. Yes, if the Block size were bigger this might have less of an impact, but with bigger blocks we will never scale to the level that is needed to accommodate large mainstream adoption.

The Core developers have seen this and they are trying to get SegWit and LN accepted to address these problems. BU is doing their best to stop them. ^hmf^

I think it is normal for bitcoin to charge very high fees on transactions because bitcoin world is getting bigger and bigger and a lot of people are embracing bitcoin as another type of cryptocurrencies and it just stressed the networks and the network cannot sustain it self so its charging a bigger fees for the miners to get more miners involved in the network and make the transaction faster.

What to do if the cost is always high like a fuck and maybe a month-long prayer?

Well, I went to a faucet  and got three burstcoin. You need a few to start mining burstcoin. Also I had some troubles last night mining burstcoin and I wasted 3 burstcoins trying to fix the problem, well a good gentleman helped me out by sending me 10 burstcoin and getting me up and mining.

@ theses forums https://www.burstnation.com/wbb/

Burstcoin mining is mining from your hard drive at an efficient electric costs. What ever how much power it takes to power a hdd.


But anyways I am burstcoin mining and nicehash mining.
https://i.imgur.com/amjNtHa.jpg
https://i.imgur.com/9lr3nkS.png

Probably 72 hours until your transaction will be dropped from the pool. :).

You said :


How much did you pay in txfee?

I didn't. I left the btc in my wallet.

Just a few minutes back, I paid BTC0.0004 to move my BTC0.06 to one of the exchange sites. That amounts to less than one USD, and the transaction got confirmed in around 15 minutes. Nothing wrong with the transaction fee. I felt that it was the right amount.

I assume it depends on how clogged the network is. Currently there are 50.000 unconfirmed transactions https://blockchain.info/unconfirmed-transactions
This is really sad. Just out of curiosity, bitcoin's transaction capacity is about the same after 8 years right ? They should ask other dev teams for help and implement dynamic block size.

Be patient, if you want to receive the money you have just sent, pay the fee, not the free.

You cannot make micro transactions anymore because of the high fees. It is better if you transfer higher amount to maximize the fees.



It is possible that your transaction contains only one input so the size is small. That can still have a high sats per byte fee.

Wouldn't it just get dropped from the network after a really long waiting time?
I would just wait until the amount of unconforimed transactions is lower, I know it's not ideal but it's probably faster than sending with zero fees :p

We can't help to it.
Earlier Micro-wallets, then web wallets and now micro payments. Fees is killing everything. Very soon we gonna see that we will be incapable to remit even $5 with bitcoin!!
Bitcoin would be better tag then as, "Currency of Riches !!"

So, I tried sending to an exchange. Sent on the 5th. Still unconfirmed. Used lowest txfee. https://blockchain.info/address/14XknsfpDYGV4pusK7b8bsixDQER4PZok9

The chances are you wont get that transaction confirmed and if you are lucky they might reject that transaction because with a 1 sat/B it wont reach anyone,for a standard transaction to get through with the current congestion you need to include 60 sat/B .I know it is frustrating but the fact is bitcoin cannot be used for smaller transactions with the network situation we are in.

Guy you just have to take a chill pill because it's not only affecting you but everyone who has done one transaction or the other in the past few days. The people I even pity most are the campaign managers that send bit transactions of bitcoin and the painful part is that, there is nothing I think we can do about it and the only justification I use to console mystic is that ' after all the price of bitcoin has increased so, I should also pay more' aside that nothing else makes sense in this era of increasing prices.

If the transaction is rejected by the node then you might get back the coin,so do not worry about that,but it might take a very long time up to a month to get back those coins,it all depends upon your luck,when i started bitcoin what attracted me is that we could send smaller transaction as well as large transactions with a small fees,but things have changed quickly.

Like others pointed out Coinbase has started charging a fees and they are charging a really high price. I personally use the old version of multibit, and using that I am able to set the fees to a lower value .I do get it confirmed in a few hours usually by just adding 0.00019 btc of fees. You should probably do the same thing for your future transactions.

For me I just pay the regular fee and it still gets confirmed although it takes long most of the time and right now the traffic is congested so I'd rather wait for hours than pay additional fees it would still go through anyway. If you want lower transaction fee I guess you can use some web wallets that allows transfers with lesser fees like coins.ph in the Philippines and blockchain web wallet.

You are not the only one who is disappointed about the unreasonable increase in the miner fees. Compared to before the fees have increased ten times compared to before and it is really discouraging. The problem lies on the spam attacks on the blockchain that caused the miners to charge the bitcoin users a high transaction fee per transaction. There is nothing we can do but to oblige.

Showing Balance of 0.00184008 BTC but the wallet shows 0 and blockchain is up to date.

https://blockchain.info/address/12NcNYb2oEh6ANo95AakEjPqQdgbcxh4m9
https://i.imgur.com/y7Tlu3K.png

Yay

-zapwallettxes fixed it.

https://i.imgur.com/NyxmrQz.png

Ok, this is what I did.


used https://bitsusd.com/
60Sats=mBTC 0.0006

So I inputted 0.0006 for the transaction fee of 0.00184008.

Should it make it to the address of the pool now?

Thanks.

Edit:
https://blockchain.info/tx/cc9987a984099cab2201bc0cef404f4dab33d22d46b15f3849ba2072ec646abe

I paid the goddamn 224kb fee, 60sat per kb. Now the goddamn btc returned back to my wallet on the blockchain but not my physical wallet.....

https://blockchain.info/address/12NcNYb2oEh6ANo95AakEjPqQdgbcxh4m9

What, is my btc locked into the blockchain or do I need to do

-zapwallettxes ?

https://i.imgur.com/34nnEqH.png

Double spended?

https://blockchain.info/tx/cc9987a984099cab2201bc0cef404f4dab33d22d46b15f3849ba2072ec646abe

Yup, this is my last round with bitcoin.
Transaction fee's are to high. Even a pool operator states we cannot have our MINED btc because of phenomenal fees.

https://bitcointalk.org/index.php?topic=562238.msg19093427#msg19093427

The problem is this stupid debate over SegWit and Bu, they are fighting over  like a kids, they don't sit down and talk to see that they have the same goal - to make btc better for everybody.... there are like 220k+ transactions in mempool right now with too many transactions people tend to pay higher fee to transfer their coins. Just look here : https://blockchain.info/unconfirmed-transactions says 235k atm. I wonder why price is raising when we can see that btc can't be used as a fast currency to do the transactions...

Haha.
Been away for about 5 weeks now. I just checked bitcoinfees21 and wow.

5 weeks ago, fastest and cheapest suggested fee was around 250/byte. Now it's at 410. That's just.  :(
(210 * 410 = .00086 = $1.66 )
The most basic transaction now costs almost 2$. It's like, either pay up or wait hours, if not days.  :'(
Better maximize and utilize every single transaction.

Are you saying you dont enjoy the fee of buying into btc from usd and then fee of transfering!!! Round here the consensus is that fees are a privledge. Hehe.

I agree with you though. Buy into btc and convert into something else to transfer. Then convert back to btc. Its cheaper that way.

Yeah it is better to use the trading websites for transactions. They are just using the miners fee and not more. They are way faster too than the online wallets.  ;D
I dont know what is happening but this should be fixed. A lot of people are getting restless now because of this dilemma that is happening with the bitcoin community.

I just laughed at my transaction fee.
Way too high for just sending a million satoshis.
I guess they are forcing us to keep our bitcoin and just do a bulk transaction rather than small ones.
But what about those merchants who sells things and also the buyers who will buy the item and spend more just because of transaction fees.
Instead of saving, they paid more.

2.5 dollar transaction fee for just 20 fucking dollar transaction!!!!!!!
holy shit.... wtf is wrong with that!!! bitcoin used to be an innovation in banking industry, but with these fucking insane fees! i wish bitcoin will crash down... >:( >:( >:( >:( >:(

I certainly don't wish that bitcoin will crash, but that said, it isn't banking industry at all. Otherwise, there would be an operator with huge interest in getting his network back to normal operations.

Just have a look at the backlog vs. fees - looks like we won't even get down to 100 000 (hundred thousand) unconfirmed transactions this weekend: https://jochen-hoenicke.de/queue/#30d

Bitcoin technology has been over capacity for 3 weeks now, no signs of improvement :-(

ROFL, IKR!! The fee on blockchain is really ridiculous, so damn high up to 0.001+. I think it's because so many unconfirmed transaction and it's make the fee become high for faster confirmation. But still, it's so damn high!

Gone are the days when you could buy a cup of coffee with Bitcoin. Now it will become more and more of a speculative instrument again than a mass adopted merchant tool. Bitcoin will end up being just a store of wealth for Whales. It's so costly for me to send small amounts of bitcoin now under 100 USD that I don't bother anymore sending bitcoin that is less than 0.1 btc.

Yes, extremely high.

I can not belived my eyes yesterday.
To send 30$ within 100 minutes I paid 2$  

Last year I paid something like 0.002 $

My bank wire transfer to another bank in europe is for free.

I think using bitcoin as a payment is not worth again. Transaction more expensive than bank, bitcoin will be used in other way

I hope devs are getting a huge whiff of this fucking thread.  >:(

A fee of $2 is still OK, for international payments. But I am worried that this is going to increase further. If the consensus is not reached on block size, then the situation will get worse.