Do you consider sending bitcoin transaction miner fee a "Fee"?

[Daniel91]

Hello i remember when the past when i first touch bitcoin, the best thing that attract me is the fee less transaction itself.

And during the olden days when i transact, the fee's doesn't show some impact because during that time the price of btc is just $300-400

But currently, i've came across in order to send and get within 15minute, i would need to sent a fee of $0.5 - $0.8 as a miner fee.

Of course by comparing to CC/DC payment, it is still a very low fee.

Despite of that, as i am using blockchain, the current transaction min fee i sent is $0.12 where in paypal for a $2 transaction i will just add a $0.02 fee.

1) Is sending miner fee consider as a "fee"? As most of the blogs, articles mentioned : Transaction involves no fee

2) Will the rise of bitcoin push back users actually went back to the origin payment processor like paypal skrill? As the fees which sent is calculated by Satoshi per Byte.
According to https://bitcoinfees.21.co/ as of 4/3/2017

The fastest and cheapest transaction fee is currently 180 satoshis/byte, shown in green at the top.
For the median transaction size of 226 bytes, this results in a fee of 40,680 satoshis.

3) Is it possible to not include fee or a very low fee? If yes, will my transaction ever being sent? If yes, the max duration would be?


Thanks! Cryptocurrency is a very wide knowledge area but also interesting, i hope that i could be someone who are in the field of cryptocurrency in the future!

Very good questions.
OK, I will try to answer them.
Recently, I send several btc transactions and chose suggested, standard fee. I had to wait more than 24 hours for confirmation.
Because of this experience, last time I manually changed fee and offer3-4 times higher fee. I received confirmation in 10 minutes WOW!
So, yes, with small fee your btc transaction will pass but with a very big delay.
Still, I don't plan to go back to the Paypal or Skrill.
For me is also very important anonymity and this I can'0t get with other payment processors, controlled by the government.

[bitbunnny]

I have various experiences. Yesterday I had two delayed transactions for more then 12 hours with recommended fee. Then today I had another transaction with recommended fee and it was confirmed within 20 minutes. Offering higher fee could be the solution but on the other hand this doesn't have to be guarantee that transaction will be quickly confirmed.
Is this fee thing a miner's  pressure on users? We'll see the time will tell.

[szpalata]

No matter how small the miners fees are, I still consider it a fee and I'm going to keep using BTC to send my transactions even if it delays for days because I consider anonymity first ahead of everything else and I will admonish for a quicker transaction confirmations so i call for increase in the block size by which ever way they deem fit.

[Yakamoto]

1) Sending a transaction fee to miners is a fee. No question about it, it's a service charge and it helps your stuff move faster.
2) As long as Bitcoin retains lower fee amounts than other methods of payment, people will continue to use Bitcoin.
3) Higher fees mean faster transaction times, and the inverse is true as well. Lower fees just mean it takes longer, if you can afford the wait.

[doomistake]

whoever said "transactions has no fee" did not know how bitcoin works.
and yes i consider sending miners the fee as a fee but a small amount of it not the current amount of fee.
i consider this extorsion.

Correct, because transaction fees that we are paying each transactions is needed for our transaction to be confirmed. How can we able to receive the payment of someone if there will be no transaction fee, is this what you want? NO, right? So, in order this whole bitcoin network works, FEES is playing a big role on it, because it is the one that we need to keep the bitcoin alive, without the fees, we have to bitcoin.

In short, it is all about give and take, that is how it works. In order to receive or earn something, we need to do something that is worth us giving or earning something.

[megynacuna]

whoever said "transactions has no fee" did not know how bitcoin works.
and yes i consider sending miners the fee as a fee but a small amount of it not the current amount of fee.
i consider this extorsion.

Correct, because transaction fees that we are paying each transactions is needed for our transaction to be confirmed. How can we able to receive the payment of someone if there will be no transaction fee, is this what you want? NO, right? So, in order this whole bitcoin network works, FEES is playing a big role on it, because it is the one that we need to keep the bitcoin alive, without the fees, we have to bitcoin.

In short, it is all about give and take, that is how it works. In order to receive or earn something, we need to do something that is worth us giving or earning something.

That's correct, but reasonable fees and fast confirmations are all we are looking . It's kinda irritating these days to send or receive a transaction after paying huge fees which hitherto wasn't the case.

[Loganota]

I consider it a fee, but what irritates me is that they are growing very fast. For those who make several daily transactions ensure high priority on the network is increasingly complicated. The problem is not the fee, is you pay it and have to wait more and more.

[European Central Bank]

bitcoin should never have been pushed as a free and instant payment solution which is a perception that still turns up. anyone who analysed how it works could've told you it wouldn't be when it started to actually be used as it was intended.

the current situation is a hindrance and avoidable but it was also baked into how it works.

[Pab]

I have sent 0.01 5 houres ago with fee 37000 sat and i am still waiting on first confirmation,usually btc network is experiencing problems during weekend,you need to put fee if you want your transaction confirmed,but still is easy to scam network,it is big btc problem

[lionheart78]

I have various experiences. Yesterday I had two delayed transactions for more then 12 hours with recommended fee. Then today I had another transaction with recommended fee and it was confirmed within 20 minutes. Offering higher fee could be the solution but on the other hand this doesn't have to be guarantee that transaction will be quickly confirmed.
Is this fee thing a miner's  pressure on users? We'll see the time will tell.

I have several experience with the delay of transaction even though I have set my electrum wallet to average fee.  The worst I experience is the almost 72 hours delay, it was confirmed when I push the transaction in https://www.viabtc.com/tools/txaccelerator/.


I think sending a transaction without tx fee can also be confirmed but the possibility of it going back to your wallet is much bigger than it being confirmed.  Lower tx  (less than 10k sat)fee will have to wait at least for hours and worst for days.  With average fee (40k sat below), there is no telling when it will be confirmed and you will be lucky enough if it confirm within an hour.  If you want fast confirmation, send your transaction with above average fee (41k sat and up).