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Other => Archival => Topic started by: digitalkeyshop on January 31, 2018, 04:46:28 PM



Title: IS 1 SAT/BYTE TOO LOW??
Post by: digitalkeyshop on January 31, 2018, 04:46:28 PM
That's the CHEAPEST fee I have seen in BlockChain, but it must be very slow to confirm the payment...
Could you tell me which is the best bitcoin fee i could choose for my transactions?
Thanks!


Title: Re: IS 1 SAT/BYTE TOO LOW??
Post by: digitalkeyshop on January 31, 2018, 04:51:55 PM
Thanks in advance for your time  :)


Title: Re: IS 1 SAT/BYTE TOO LOW??
Post by: LFC_Bitcoin on January 31, 2018, 04:55:37 PM
Use this - https://btc.com/stats/unconfirmed-tx


Title: Re: IS 1 SAT/BYTE TOO LOW??
Post by: OgNasty on January 31, 2018, 04:56:33 PM
The answer to your question is variable.  Here's a website I use that helps me determine what fee I should use based on the mempool at the time I send.  The bottom chart is the relevant one.

https://dedi.jochen-hoenicke.de/queue/#24h


Title: Re: IS 1 SAT/BYTE TOO LOW??
Post by: digitalkeyshop on January 31, 2018, 05:01:02 PM
Use this - https://btc.com/stats/unconfirmed-tx

The answer to your question is variable.  Here's a website I use that helps me determine what fee I should use based on the mempool at the time I send.  The bottom chart is the relevant one.

https://dedi.jochen-hoenicke.de/queue/#24h

WELL...
Both of the sites are very complicated for me as I don't know how to interpret those charts.
Could you explain it to me using just words?  ;D
Thanks


Title: Re: IS 1 SAT/BYTE TOO LOW??
Post by: bitart on February 02, 2018, 10:01:31 PM
That's the CHEAPEST fee I have seen in BlockChain, but it must be very slow to confirm the payment...
Could you tell me which is the best bitcoin fee i could choose for my transactions?
Thanks!
If you really want to go cheap but want to make sure that the transaction will get confirmation soon, just send it with 11 or a bit more sat/B fee. This is cheap enough (if your transaction has one input and one output), and if your transaction has a fee higher than 10 sat/B, you can try to accelerate it with the ViaBTC accelerator. If you cannot accelerate it, you can ask for acceleration here or in the services section and someone may help you to get your transaction confirmed.
Take a look at this chart, it's easier to understand, they show the current regular and priority fee to use.
https://blockchain.info/charts/mempool-state-by-fee-level (https://blockchain.info/charts/mempool-state-by-fee-level)