$0.85 transaction fee is absolutely ridiculous!

[Amph]

I sent btc to my posw wallet 5 days ago and still pending from blockchain.info ... paid extra miner fees when it warned me it would be slow if I didn't with a popup message, I figured 24 hours but 5 days?

it is what it is ... cryptoland  

same stuff, i sent 0.04 almost 4 days ago and still unconfirmed, but iused on purpose a lower fee less than 1/3 to see how much it would take on average to confirm a lower fee transaction, but i think it's random

i was hoping to use the accelerator but it's full, there is no way now to get the money back and send them again with proper fee, still waiting for them to implement replace by fee feature directly in core(and not with the patch...), so we can at least correct fee..

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[DoublerHunter]

I sent btc to my posw wallet 5 days ago and still pending from blockchain.info ... paid extra miner fees when it warned me it would be slow if I didn't with a popup message, I figured 24 hours but 5 days?

it is what it is ... cryptoland   

same stuff, i sent 0.04 almost 4 days ago and still unconfirmed, but iused on purpose a lower fee less than 1/3 to see how much it would take on average to confirm a lower fee transaction, but i think it's random

i was hoping to use the accelerator but it's full, there is no way now to get the money back and sendthem again with proper fee, still waiting for them to implement replace by fee features directly in core(and not with the patch...), so we can at least correct fee..

That is a lesson for you, based on my experiences i used to put high recommended fee in my transactions so it can be confirmed within 10 mins and get another confirmation in the few minutes after the first confirmation. The fee right now is getting higher and higher because of the unconfirmed transaction and i think the only thing that we can do is to embrace and adjust the usual fees that we are putting.

[chixka000]

Unconfirmed transaction every friday to sunday is crazily high. I dont know if there is a manipulation happening but i just cant stand to it. We need to solve this kind of problem

[Winner]

Unconfirmed transaction every friday to sunday is crazily high. I dont know if there is a manipulation happening but i just cant stand to it. We need to solve this kind of problem

Well, the transaction fee is not the real issue since anyone could put whatever transaction fee with their transaction.
I typically send my transactions with a 0.0001 BTC fee so that's around $0.19 if I had to get it calculated in USD.

$0.19 is not that much compared to most posts within this forum that complain on their fees being $1 or more.

My transactions get confirmed without any issues, I just accelerate my transactions and most get confirmed within 24 hours or less.

[Wipro]

Unconfirmed transaction every friday to sunday is crazily high. I dont know if there is a manipulation happening but i just cant stand to it. We need to solve this kind of problem

Well, the transaction fee is not the real issue since anyone could put whatever transaction fee with their transaction.
I typically send my transactions with a 0.0001 BTC fee so that's around $0.19 if I had to get it calculated in USD.

$0.19 is not that much compared to most posts within this forum that complain on their fees being $1 or more.

My transactions get confirmed without any issues, I just accelerate my transactions and most get confirmed within 24 hours or less.

May I know which wallet you are using? Because here I am using coinbase wallet. It consumes 0.00059 btc as fees for the transaction. It's getting confirmed in 40 minutes but fees seems to high for me. If you let me the wallet you are using. Then I will able to save some amount from the high fees I am using.

[stompix]

Unconfirmed transaction every friday to sunday is crazily high. I dont know if there is a manipulation happening but i just cant stand to it. We need to solve this kind of problem

Well, the transaction fee is not the real issue since anyone could put whatever transaction fee with their transaction.
I typically send my transactions with a 0.0001 BTC fee so that's around $0.19 if I had to get it calculated in USD.

$0.19 is not that much compared to most posts within this forum that complain on their fees being $1 or more.

My transactions get confirmed without any issues, I just accelerate my transactions and most get confirmed within 24 hours or less.

Yeah right..
If you find a slot in the blocks mined by viatbtc.
Or if viabtc mines a block.

If they will be unlucky for 24 hours your transaction would end up in the bin like all of them

And what will happen if everybody would be using the accelerator?

[VitorPl4y]

This is what Bitcoin is turning into. It is no longer possible to use it to send micro-payments with ease. For this, it is better to use an altcoin like LTC. I just hope our community can do something about it, otherwise it will be difficult to make Bitcoin accepted by the masses.

[Winner]

Unconfirmed transaction every friday to sunday is crazily high. I dont know if there is a manipulation happening but i just cant stand to it. We need to solve this kind of problem

Well, the transaction fee is not the real issue since anyone could put whatever transaction fee with their transaction.
I typically send my transactions with a 0.0001 BTC fee so that's around $0.19 if I had to get it calculated in USD.

$0.19 is not that much compared to most posts within this forum that complain on their fees being $1 or more.

My transactions get confirmed without any issues, I just accelerate my transactions and most get confirmed within 24 hours or less.

May I know which wallet you are using? Because here I am using coinbase wallet. It consumes 0.00059 btc as fees for the transaction. It's getting confirmed in 40 minutes but fees seems to high for me. If you let me the wallet you are using. Then I will able to save some amount from the high fees I am using.

Wow that's a pretty high transaction fee, YoBit is around 0.0005 for me and the transactions are really fast because of that high minimum transaction fee limit. It makes a bunch of sense that Coinbase has a large transaction fee because they want people to be able to get their money moved as fast as possible.

I use Multibit Classic, it's a pretty old Bitcoin client and the transaction fee is automatically set at 0.0001 BTC, I am pretty sure that I did not ever send a transaction from that Bitcoin client with a fee over 0.0002 BTC.

Unconfirmed transaction every friday to sunday is crazily high. I dont know if there is a manipulation happening but i just cant stand to it. We need to solve this kind of problem

Well, the transaction fee is not the real issue since anyone could put whatever transaction fee with their transaction.
I typically send my transactions with a 0.0001 BTC fee so that's around $0.19 if I had to get it calculated in USD.

$0.19 is not that much compared to most posts within this forum that complain on their fees being $1 or more.

My transactions get confirmed without any issues, I just accelerate my transactions and most get confirmed within 24 hours or less.

Yeah right..
If you find a slot in the blocks mined by viatbtc.
Or if viabtc mines a block.

If they will be unlucky for 24 hours your transaction would end up in the bin like all of them

And what will happen if everybody would be using the accelerator?

Viabtc works pretty well, I like to use it because the people there know what they are doing.

To answer your question, if everyone decided to use Viabtc then some people could just make direct contact with the popular miners on here instead of going through the website and waiting in line.

[Tyrantt]

Unconfirmed transaction every friday to sunday is crazily high. I dont know if there is a manipulation happening but i just cant stand to it. We need to solve this kind of problem

Well, the transaction fee is not the real issue since anyone could put whatever transaction fee with their transaction.
I typically send my transactions with a 0.0001 BTC fee so that's around $0.19 if I had to get it calculated in USD.

$0.19 is not that much compared to most posts within this forum that complain on their fees being $1 or more.

My transactions get confirmed without any issues, I just accelerate my transactions and most get confirmed within 24 hours or less.

I've been given a recommended fee of 0.0002 by blockchain.info wallet and my transaction got stuck and of course I had to use the accelerator but would you imagine if everyone lowered the fees they're paying and massively started using accelerators. That doesn't have to be all that bad, maybe that will get miners to lower the fees and maybe it will just clog the blockchain even more.

At all, the fees are crazy high, it's getting ridiculous. Are we going to be paying 0.001BTC fees when bitcoin price jumps even more?

[moviebuff777]

I think this is not too ridiculous considering bitcoin is in its all time high value at this moment and continue to rise day by day, you can customize the fees in some desktop wallet like mycelium if you want but expect it may take time to confirm from 1-4 days..

So, if BTC was currently valued at $20,000 you wouldn't have a problem paying $10 for every transaction you make, no matter how much was being transacted? The problem I am really seeing is that it's becoming impossible to make smaller transactions for daily purchases. At this point we can forget about using bitcoin as an every day currency because it's cheaper to buy things like a cup of coffee with a debit card or cash. It makes it less usable in the real world and I can see it detracting companies and investors from developing new tools, apps, and solutions because it's no longer cost efficient.

It sounds like bitcoin isn't going to be used for small transactions anymore. That takes away some of the use of it but could open the door for cheaper altcoins to be used for small transactions.

[aakashsangwan]

Unconfirmed transaction every friday to sunday is crazily high. I dont know if there is a manipulation happening but i just cant stand to it. We need to solve this kind of problem

Well, the transaction fee is not the real issue since anyone could put whatever transaction fee with their transaction.
I typically send my transactions with a 0.0001 BTC fee so that's around $0.19 if I had to get it calculated in USD.

$0.19 is not that much compared to most posts within this forum that complain on their fees being $1 or more.

My transactions get confirmed without any issues, I just accelerate my transactions and most get confirmed within 24 hours or less.

Wow, you are extremely lucky as compared to others, who pay higher fees than you and still their transaction takes more than two days to get confirmed or maybe more than that.

[JatiAnom]

It sounds like bitcoin isn't going to be used for small transactions anymore. That takes away some of the use of it but could open the door for cheaper altcoins to be used for small transactions.

Bitcoin is no more an innovative payment network and a new kind of money.
it more like an investment asset,
just like 'i cant go to wallmart and pay with gold bar I owned"

[vapourminer]

i didnt pay attention once and sent a 10 USD fee on a 160 USD transaction. using core. DOH!

did make in the next block though  

i pay more attention now and currently use ltc whenever possible.

live and learn  

[HITTI2]

Am I the only one realizing that ~$1 fee to make a transaction is absolutely insane and defeats one of the core benefits of using bitcoin for daily transactions.

This is getting insane and is completely uncalled for, or am I wrong?

[BureauChef]

You simply claim that $0.85 transaction fee is absolutely ridiculous, but how about $2,000 bitcoin price? 

If it's growing that much, the fee increase is also okay to me.

[Fesatmas]

Fee for each bitcoin transaction from time to time always rising even send with low amount. Sending with high fee not guaranteed will get confirmed directly.

[erpbridge]

You simply claim that $0.85 transaction fee is absolutely ridiculous, but how about $2,000 bitcoin price? 

If it's growing that much, the fee increase is also okay to me.

Thats not the right way to see it. If I am a person new to bitcoin and wish to use it, I can't rely on the past price, as thats probably not the price what I acquired it for. I will still be paying 0.85$ for a smaller transaction which is still a lot based on any standards.

[BitcoinLR]

the $0.85 transaction fee is absolutely ridiculous we know but blockchain is mess up!
i deal with buyers using their own wallet platform, blockchain to blockchain and coinbase to coinbase to avoid
unconfirmed coin in wallet, i'm tire of using bitpie app to acelerate the coin...

[wxa7115]

I think this is not too ridiculous considering bitcoin is in its all time high value at this moment and continue to rise day by day, you can customize the fees in some desktop wallet like mycelium if you want but expect it may take time to confirm from 1-4 days..

Really?
So you're ready to pay 5$ in fees when you buy a vpn subscription for 8$?
Let's say bitcoin reaches 1 million and every transaction cost 500$.

Are you still going to use bitcoin? I doubt it.

We will need to find workarounds for it, instead of paying one month of whatever service you want to pay you could pay a full year if you have tested the service long enough, you could exchange your money to LTC instead and pay with it that way you could save on fees.

[boat287]

i dont really care so much about the fee, but i do wish my money to come QUICKLY. to avoid being seen gambling online, when taking money off on coinroyale, im sending it to my blockchain wallet. then from there i transfer it to coinbase. yesterday (last night after midnite) the $40 i withdrew from coinroyale arrived very fast, im not sure how coinroyale processes them so fast without delays.

But heres the problem. i went to send it to coinbase (so i could put it in my bank), i paid the much higher miner fee, (like $1.17 on close to $40) said it should be in 10 minutes instead of 20. well i never got the coinbase email, and the money never arrived. so when i login to blockchain today, i see the money still listed in there in my balance, so i try sending it again.

but it turns out the money isnt there, and the balance total is just to fool me?? for now i see 2 transactions (of the same money twice) marked as pending transactions, of slightly different amounts, both of the same $40. how do i fix this? neither of which are ever enroute to coinbase of course. what will eventually happen, will i get the money back and the fee back if its never sent, and how do i avoid this in the future?