fees?

[carlfebz2]

Been a while since I've played with bitcoin. Tried the electrum client out recently, kind of nice. I tried experimenting with some old wallet with 1mbtc in it, sweeping it and moving to a electrum address. I was a bit stunned to see the fee is roughly 0.6mbtc, so I only get 0.4 mbtc left Is this typical? What happened to the days of 0.1mbtc (or less) fees?

You are not yet informed When you get used to those fees back in the past then forget it already since fees do increase as of now but well you can easily adjust it but remember to stick on the standard fee if you don't really like to wait for too long.Even myself was got shocked when theres sudden price increase on fees lately even can hardly believe it that this is happening to bitcoin.

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[silverkamote]

yep there is always a fee if you transfer your funds to other wallet because Miner fee (option to pay either standard or high priority )
Other to BTC wallet:
Free unless you're receiving small transactions, in which you are charged a fee.

[buwaytress]

What I find on most sites is they charge a flat fee instead of telling you the actual cost per byte. I can understand that they can't predict automated hotwallet withdrawals that may choose to combine many inputs for withdrawals. My main beef (not that it's a very big one anyway) is how, after viewing the tx in explorer, the fee paid is half or so of what the sites deducted from you.

[gueorguiev]

Most exchanges/wallets are probably in some sort of competition right now to offer up the lowest fees. Until the whole segwit2x/bip148 struggle gets resolved the fees will remain kind of gouged.

[bitbunnny]

If you want use Bitcoins you can't escape the fees, this is the new reality now. It's hard to find the balance and the solution that will satisfy everyone and currently miners are at bigest profit. But I like the wallets like Mycelium who proposes different fees and calculates actual cost per bite.

[shield132]

Most exchanges/wallets are probably in some sort of competition right now to offer up the lowest fees. Until the whole segwit2x/bip148 struggle gets resolved the fees will remain kind of gouged.

hmm, xapo and coinbase were offering no fees but now they pay nothing, we have to pay fees. Can't see that exchangers and wallets are trying to offer us low fees.
And OP that time is now piece of past. Good, old memories. Bitcoin fees are now very high and for low transaction it's simply useless.

[zend7]

Best exchanges so far that are using reasonable fees for me remain only 2. Poloniex which still continues to use 0.0001 btc fee and Bittrex which offers again 0.0001 btc fee but this one has add a 0.001 btc withdraw fee. I think nowadays we have to be very selective which exchanges to use as the fees makes a big difference for many people now.

[chineseprancing]

Fees on transferring of bitcoin to other wallet was so expensive, imagine in coins.ph almost 10% of transferred amount is the fees. Example when you transfer 0.01 the total deduction are 0.011+. It's too expensive, that's why I'm calling your attention guys I want to ask if you have know wallet with low fees?

[sobsitesearch]

Fees on transferring of bitcoin to other wallet was so expensive, imagine in coins.ph almost 10% of transferred amount is the fees. Example when you transfer 0.01 the total deduction are 0.011+. It's too expensive, that's why I'm calling your attention guys I want to ask if you have know wallet with low fees?

The fees increasing because of the current value of bitcoin that was the basis of that, before we do not mind the fees when the value of bitcoin is not high because we do not feel the 0.001 fees before but now they increase the fees due to big increase on the price of bitcoin i think that is not too much for the transaction much better to have fees to closed their services.

[hardtime]

Fees have and will be fucked for awhile until we can fix this entire network up as we've been congested for a long time, I don't like it, you don't like it, no one likes it (except Jihan and the miners) There's nothing we can do except sit here and get them to try to signal for the newest fucking consensus thing that will finally fix us once and for all. These fees are the real issue when it comes to trying to get people involved in Bitcoin, as no one wants to join in on a currency which is going to cost them $3-4 to pay for a simple transcation which only cost that much anyway.

So, fees suck right now and the only thing we can do is pray for the miners to do what's right by us. If you want to know what the going fee is right now for a tx use one of those estimators like HERE https://bitcoinfees.21.co/

[btcdevil]

Fees on transferring of bitcoin to other wallet was so expensive, imagine in coins.ph almost 10% of transferred amount is the fees. Example when you transfer 0.01 the total deduction are 0.011+. It's too expensive, that's why I'm calling your attention guys I want to ask if you have know wallet with low fees?

The fees increasing because of the current value of bitcoin that was the basis of that, before we do not mind the fees when the value of bitcoin is not high because we do not feel the 0.001 fees before but now they increase the fees due to big increase on the price of bitcoin i think that is not too much for the transaction much better to have fees to closed their services.

What you are saying is true that before when the fee was low but comparing the price was also low and now the price has gone 3 times more then the fees will also go high this is due to miners facing high expense to compensate they have to increase the transaction fees.

[madwica]

Fees on transferring of bitcoin to other wallet was so expensive, imagine in coins.ph almost 10% of transferred amount is the fees. Example when you transfer 0.01 the total deduction are 0.011+. It's too expensive, that's why I'm calling your attention guys I want to ask if you have know wallet with low fees?

The fees increasing because of the current value of bitcoin that was the basis of that, before we do not mind the fees when the value of bitcoin is not high because we do not feel the 0.001 fees before but now they increase the fees due to big increase on the price of bitcoin i think that is not too much for the transaction much better to have fees to closed their services.

What you are saying is true that before when the fee was low but comparing the price was also low and now the price has gone 3 times more then the fees will also go high this is due to miners facing high expense to compensate they have to increase the transaction fees.

More people/users are continuous complaining about the transaction fee they do not think they using the wallet for free what if no more bitcoin wallet will exist because of the complain of high transaction fee who are affected? that is why stop complaining and find a way to earn more bitcoin to make your income much higher and you do not mind the transaction fee because your income is already big.