Are you using low fees?

[virasog]

never used low fees , its risky i used this once and received my payment on 7 hours , ijm always use standard-high fees due its fast confirmation , i dont recommend if you use high fees for low amount transaction since its worthless.. 

These days I think it would be crazy to use a fee lower than the standard, if not higher.  Almost all TX's that I have incoming or outgoing I watch on blockcypher.  It is an interesting approach the site has by giving the normal info and adding in the miner preference and a few more nice little points of data that are very cool.  The more and more that people learn about Bitcoin, the more that I distrust a low fee too.  

[1714789941]

1714789941

[btcbabhh]

never used low fees , its risky i used this once and received my payment on 7 hours , ijm always use standard-high fees due its fast confirmation , i dont recommend if you use high fees for low amount transaction since its worthless.. 

These days I think it would be crazy to use a fee lower than the standard, if not higher.  Almost all TX's that I have incoming or outgoing I watch on blockcypher.  It is an interesting approach the site has by giving the normal info and adding in the miner preference and a few more nice little points of data that are very cool.  The more and more that people learn about Bitcoin, the more that I distrust a low fee too.  

yes , i pay my fee so much , is there any solutions in the future ? or the fee will be bigger and bigger?

[snegap]

i use low fee and my transactions getting 5-6 days to confirm but i don't have problem because i'm trying to save some btc

[ralle14]

I mostly set my miner fees lower than the recommended amount from bitcoinfees.21.co ranging from 150 to 200+ satoshi per byte. The confirmation times are not that long from my experience most of my tx confirms within a couple of hours and the longest one was about 2-3 days.

[agustina2]

Sometimes when I withdraw BTC to my wallet, I set really low fees like 50-70 satoshi per byte and wait for weeks, because I'm not going to spend those coins in the near future anyway. I think it's a good way to save a bit of money, because if you look back, you might realize that your fees have added up to a big amount in USD value, while it wasn't always necessary to get those coins confirmed asap.
So, do you use low fees, or always want to get confirmation in a next few blocks?

Nice idea if you are comfortable in that way. For me at the usual case, it's better to make a big transfer at once. Ok let's say you are setting a low priority of 50-70 sats per byte but always doing that for a week, then it's no different from the usual transfers. Im just thankful that even the fees are high, good thing bitcoin price is high.

It's more worse if we are still on below $1,000 but the fees applied to confirmed our transaction will cost $3 or more dollars.

[Ciccotelligc]

A few days ago I had to make a payment of 10$ and the minimum recomended fee of my walltet was 7$ this is getting out of control, and I have heard of people making payments of 1$ with a fee of 2$ or more.

[bamboylee]

There were time I will go cheap on tx fees but I do not do it anymore. Once I paid 50sats per byte and the tx got stuck in mempool. And then suddenly I needed money but I cannot get on my bitcoin because it was stuck. I learned my lesson and pay higher fees and keep my bitcoin always readily available. It is a pain to pay high fees but there is no other way around it, YET.

[jahtex]

Since most of my bitcoin need involve paying for hosting, running exchange service for people then no point using low fee.

[piebeyb]

Not really, something forces us to use higher transaction costs so it is necessary to get a quick confirmation when new block is found

[swogerino]

I always consult this website before sending any payment. I don't like to wait so this website is a great tool for anyone to consult before sending any bitcoin with low fees that risks to not be accepted by the network or delayed a lot of time. I use https://bitcoinfees.21.co/ to check the recommended fee always.

[foxbat]

Since most of my bitcoin need involve paying for hosting, running exchange service for people then no point using low fee.

Yes, we should not use the low fees for transactions, which will cause a lot of obstacles to our work. Unverified or long-term transactions will make your work uncomfortable. We should use higher fees, it does not need to be too high, it needs just enough, and so, your transaction speed will be extremely fast.

[hovrah]

Since most of my bitcoin need involve paying for hosting, running exchange service for people then no point using low fee.

Yes, we should not use the low fees for transactions, which will cause a lot of obstacles to our work. Unverified or long-term transactions will make your work uncomfortable.

I'll try to figure it out in this area a little later. Although I understand that the broadcast and payment for services will be for me some event. The thing is that I'm trying to figure out more and more, but there are some difficulties, in which there are very subtle complications.

[stompix]

A few days ago I had to make a payment of 10$ and the minimum recomended fee of my walltet was 7$ this is getting out of control, and I have heard of people making payments of 1$ with a fee of 2$ or more.

That is just stupid.
There are already 100s of posts telling the same stuff.

Bitcoin at this moment is not suitable for micropayments.
If you make transactions under 20$ just use the conventional methods.

There are a lot of services that are far cheaper when it comes to small sums. Circle for example.

[SaShiRaJaVu]

i use low fee and my transactions getting 5-6 days to confirm but i don't have problem because i'm trying to save some btc

I really wish to set these sort of lower fees and since i am using an online wallet i really do not have that option to input lower transaction fees and if i need to send a few transactions per day then it would cost too much for me and i have to cut down on my transactions per day to avoid spending more money for the fees.

[megynacuna]

my own way to overcome an expensive fee might have already switched to other coins such as $DGB $XRP $WAVES fast confirmed transaction .
is the solution to a very expensive fee Bitcoin transaction at this time  

But changing from one cryptocurrency to the other might also affect part of its value and so eventually the amount you will to pay to get changed into an Altcoin may be equivalent to what you'd have paid as a transaction fees for the original Bitcoin transaction.

[SHANTA]

Paying 0.001-0.002 BTC charge when i require quick exchange Because purchasing virtual stuff and paying expenses for exchanges is supporting bitcoin economy 

[RedNovember]

I think YoBit exchange is using low fees...when I sent a btc from yobit to another, it took days to go through =/

[Shenzou]

Since most of my bitcoin need involve paying for hosting, running exchange service for people then no point using low fee.

Yes, we should not use the low fees for transactions, which will cause a lot of obstacles to our work. Unverified or long-term transactions will make your work uncomfortable.

Just think about it, if all people pay high transaction fees that means that we are paying them for nothing because they will not make transactions faster since there are a lot
i think that the whole point of pying fees is only for the poeople who really need their transactions faster like investment or gambling where every second counts other than that we are just wasting money

[kelseydustin]

i use low fee and my transactions getting 5-6 days to confirm but i don't have problem because i'm trying to save some btc

LOL. Maybe you do not have anything big to deal with bitcoin. As I am an online seller, it is 100% ridiculous when a transaction takes more than 1 hour to be confirmed. Because of that fact, it is hard for bitcoin to become something bigger and greater like what we all expect

[CROYA86]

I do not want to use a low fee because it will slow my transaction, so I use the fee in accordance with the rules in the wallet, or sometimes I add a little fee to be more quickly transported my transaction by the miners