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fee too high
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Topic: fee too high (Read 462 times)
goldenpay
(OP)
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fee too high
June 02, 2017, 11:33:27 PM
#1
i have stopped using elctrum atm, fee too high and if low fee unconfirmed for a long time
SFR10
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Crypto Swap Exchange
Re: fee too high
June 03, 2017, 08:57:53 AM
#2
Quote from: goldenpay on June 02, 2017, 11:33:27 PM
i have stopped using elctrum atm, fee too high and if low fee unconfirmed for a long time
That has nothing to do with electrum, it's how fees are at the moment. You can use another wallet and end up with similar results (delay in confirmations, when a low fee is being used).
Appropriate fees (an estimate):
http://bitcoinfees.21.co/#fees
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TheButterZone
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Merit: 1032
RIP Mommy
Re: fee too high
June 03, 2017, 09:28:15 AM
#3
If you set the max static fee to 0.0001
BTC
/kB, uncheck Use dynamic fees, uncheck Edit fees manually & change this bit of the code in a text editor
https://github.com/TheButterZone/electrum/commit/fca33e290015b475463481fc9b6626489aad5495
then you can submit your TXIDs to
https://www.viabtc.com/tools/txaccelerator/
at exactly xx:00:00 (any later and it will probably reject you).
"With the Transaction Accelerator for delayed transactions, you can submit any TXID that includes a minimum fee of 0.0001BTC/KB. "
Quote from: SaltySpitoon on February 21, 2018, 12:07:45 AM
Saying that you don't trust someone because of their behavior is completely valid.
BitcoinNewsMagazine
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Activity: 1806
Merit: 1164
Re: fee too high
June 03, 2017, 04:26:02 PM
#4
Electrum dynamic fees are accurate especially if you set the fee slider to high. It does not make sense to go cheap on fees. However newest Electrum lets you set fee to whatever you want if you disable dynamic fees, and if you enable RBF you can send replaceable, so when a transaction does not confirm because you used too low a fee you can click on it and bump the fee up. Less hassle if you just use the recommended fee in the first place.
B
N
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kolloh
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Activity: 1736
Merit: 1023
Re: fee too high
June 04, 2017, 04:31:38 AM
#5
Yeah, this isn't an Electrum issue. Fees for the network are just high in general due to congestion. People are hoping that segwit will help lower them but we'll have to see what happens.
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