On screenshoot you can see that i set slider to 5 blocks and fee is about 0.001. It's that normal?
Yes I guess it's just normal and it's not necessary to have that amount(0.001) for your transaction fee, 0.0002 - 0.0004 and above is okay, and it will be confirmed after 1-2 hours. So you don't need to worry about it.
Yes. I think something like 0.0007
BTC is recommended for a confirmation after 5 blocks (50 minutes).
If anyone's interested, the formula for transaction confirmation rate is something like (maturity of transaction*fee/age) meaning that if the fee is halved, it can be added the block after the initial one. So 0.001
BTC would get it in the 2nd block instead of the 0.002
BTC that gets in the first.
Wow 5 confirmations on all 3 transactions
Thank you my brother, i will find out later about fees..
Glad to know it worked! If you have any more questions feel free to ask them.
