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Bitcoin => Bitcoin Discussion => Topic started by: morrisonrox on October 12, 2017, 08:21:03 PM



Title: Send 1 BTC and pay in fee (0.00060000 BTC) is too little?
Post by: morrisonrox on October 12, 2017, 08:21:03 PM
Hi guys i send 0.99723103 BTC and the fee i pay is 0.00060000 BTC is too little, how long you think will be take to confirm?

Kinds regards.


Title: Re: Send 1 BTC and pay in fee (0.00060000 BTC) is too little?
Post by: DiggerMan on October 12, 2017, 08:43:04 PM
Hi guys i send 0.99723103 BTC and the fee i pay is 0.00060000 BTC is too little, how long you think will be take to confirm?

Kinds regards.

where are you make this transaction?


Title: Re: Send 1 BTC and pay in fee (0.00060000 BTC) is too little?
Post by: mahibul49 on October 12, 2017, 08:53:05 PM
i think its enough fee :)
in coinbase they take only 1$ fee   i think :)


Title: Re: Send 1 BTC and pay in fee (0.00060000 BTC) is too little?
Post by: squatz1 on October 12, 2017, 09:00:02 PM
i think its enough fee :)
in coinbase they take only 1$ fee   i think :)

He means enough fees for the network to be able to confirm it, not enough for the company as they shouldn't be taking anything that's not negligible.

But no, that fee is usually enough to be able to handle that. Fee's right now is around $2.20, so going over it isn't going to hurt you in the least. Plus, you're sending 1 BTC and the price is currently rapidly changing so you may have meant a different price.


Title: Re: Send 1 BTC and pay in fee (0.00060000 BTC) is too little?
Post by: danherbias07 on October 12, 2017, 09:02:56 PM
Hi guys i send 0.99723103 BTC and the fee i pay is 0.00060000 BTC is too little, how long you think will be take to confirm?

Kinds regards.

Dude that is just 60k satoshis for sending 100 million of satoshis. See the difference?
I send 2 million satoshis and yet I pay almost 20k. I think your transaction is enough for miners to have a little of something to mine more.


Title: Re: Send 1 BTC and pay in fee (0.00060000 BTC) is too little?
Post by: macartem on October 12, 2017, 09:15:31 PM
Hi guys i send 0.99723103 BTC and the fee i pay is 0.00060000 BTC is too little, how long you think will be take to confirm?

Kinds regards.

I think that this is even more than enough.


Title: Re: Send 1 BTC and pay in fee (0.00060000 BTC) is too little?
Post by: salihno71 on October 12, 2017, 09:29:38 PM
Hi guys i send 0.99723103 BTC and the fee i pay is 0.00060000 BTC is too little, how long you think will be take to confirm?

Kinds regards.

Transaction fee is not calculated based on how much you send but based on how big the transaction is in bytes. Usually transaction is around 220 bytes. Here you can check how long you can expect to wait based on how much fee you have paid https://bitcoinfees.21.co/ If you paid 60k satoshis it should be quite fast, one or two blocks.