TastyChillySauce00
Legendary
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Activity: 2982
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
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June 06, 2017, 11:48:08 PM |
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I never use low fees, don't trust them.
I use Electrum wallet and always pay the highest fee possible.
I've had problems before trying lower fees and its not worth the hassle.
Normally I'm moving 10 BTC + so I don't mind paying $5 + for a transaction
It seems that the fee of BTC transactions which really depends on the size of a transaction give benefits to those who sending bitcoin with large amounts of money. Because, as long as the size is small, you'll seem only required to pay a little amount of money. But the bad thing is, just like what I've experienced in recent days. Sending 0.00286 BTC and take about 0.001 as a fee. Really a bad thing for micro transactions.
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No Gods or Kings. Only Bitcoin
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Termin4tor
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June 06, 2017, 11:53:35 PM |
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Yeah, I definitely use the low priority option with a fee of 0.0002996 when sending bitcoin to my main wallet which is not going to be spent soon. On the other hand if I am depositing my bitcoin onto a gambling website or send it to an individual, I always end up choosing the high priority option with an approximate fee of 0.0009877, so that I dont have to worry about the confirmation time.
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BitMaxz
Legendary
Offline
Activity: 3248
Merit: 2955
Block halving is coming.
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June 06, 2017, 11:54:58 PM |
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I never use low fees, don't trust them.
I use Electrum wallet and always pay the highest fee possible.
I've had problems before trying lower fees and its not worth the hassle.
Normally I'm moving 10 BTC + so I don't mind paying $5 + for a transaction
It seems that the fee of BTC transactions which really depends on the size of a transaction give benefits to those who sending bitcoin with large amounts of money. Because, as long as the size is small, you'll seem only required to pay a little amount of money. But the bad thing is, just like what I've experienced in recent days. Sending 0.00286 BTC and take about 0.001 as a fee. Really a bad thing for micro transactions. I think before you send bitcoin check always this site for updated fees here https://bitcoinfees.21.co/If you are using multiple bitcoin address and your funds was receive on different bitcoin address in your wallet i think if you send it to other the transaction size is high.. so for me right now better to use one address only so that you can not pay for high fee and use dynamic if you are using electrum it can gives you fee estimation so you are far to pay for the fee for slow transaction..
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TGJJ
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June 06, 2017, 11:59:30 PM |
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I never use low fees, don't trust them.
I use Electrum wallet and always pay the highest fee possible.
I've had problems before trying lower fees and its not worth the hassle.
Normally I'm moving 10 BTC + so I don't mind paying $5 + for a transaction
It seems that the fee of BTC transactions which really depends on the size of a transaction give benefits to those who sending bitcoin with large amounts of money. Because, as long as the size is small, you'll seem only required to pay a little amount of money. But the bad thing is, just like what I've experienced in recent days. Sending 0.00286 BTC and take about 0.001 as a fee. Really a bad thing for micro transactions. I think before you send bitcoin check always this site for updated fees here https://bitcoinfees.21.co/If you are using multiple bitcoin address and your funds was receive on different bitcoin address in your wallet i think if you send it to other the transaction size is high.. so for me right now better to use one address only so that you can not pay for high fee and use dynamic if you are using electrum it can gives you fee estimation so you are far to pay for the fee for slow transaction.. The address that the funds were received in your wallet affects the fees?! I'm confused
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lighpulsar07
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June 07, 2017, 12:38:48 AM |
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yes i made a transaction and made a fee of 70 satoshi per byte few days ago and it confirmed after 5 hours. i usually pay 250 satoshi per byte fee because before, the recommended fee is 220-250 satoshi per byte but now its 480 i'd rather wait for hours than to pay a huge fee.
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stromae
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June 07, 2017, 12:40:09 AM |
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I used to use lower fees like below 100 satoshi/byte, but I stopped doing this. In lots of transaction, I faced problems.
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TastyChillySauce00
Legendary
Offline
Activity: 2982
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
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June 07, 2017, 12:46:03 AM |
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I never use low fees, don't trust them.
I use Electrum wallet and always pay the highest fee possible.
I've had problems before trying lower fees and its not worth the hassle.
Normally I'm moving 10 BTC + so I don't mind paying $5 + for a transaction
It seems that the fee of BTC transactions which really depends on the size of a transaction give benefits to those who sending bitcoin with large amounts of money. Because, as long as the size is small, you'll seem only required to pay a little amount of money. But the bad thing is, just like what I've experienced in recent days. Sending 0.00286 BTC and take about 0.001 as a fee. Really a bad thing for micro transactions. I think before you send bitcoin check always this site for updated fees here https://bitcoinfees.21.co/If you are using multiple bitcoin address and your funds was receive on different bitcoin address in your wallet i think if you send it to other the transaction size is high.. so for me right now better to use one address only so that you can not pay for high fee and use dynamic if you are using electrum it can gives you fee estimation so you are far to pay for the fee for slow transaction.. The address that the funds were received in your wallet affects the fees?! I'm confused That's right, the output and inputs inside of a transaction really affect the fee because it's increasing the size of a transaction. If you're really curious. Try to claim from various faucets into one address which is yours. Then, try to move out your funds that you get from the faucet before into another address, there'll be so many outputs in just one transaction that could overwhelmingly increase the size of the transaction.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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panju1
Legendary
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Activity: 1246
Merit: 1000
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June 07, 2017, 01:17:39 AM |
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I try to avoid transacting if possible. Sometimes using bitcoins is just not feasible. If there is no time constraint in confirmation, I use low fees hoping that it will confirm, even if takes a day. Only otherwise do I use the recommended fees.
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jonosutio
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June 07, 2017, 03:26:13 AM |
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I am happy to use the low cost but good service that is expected by everyone orang.dan now I use the stock as my wallet is.
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Sir Legend
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June 07, 2017, 03:35:59 AM |
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Yes, I use XAPO wallet to send bitcoin, I always use low fees because if I use priority fees need more than 200k satosi, and for me is very expensive. If I send more than 0,1 btc I use high fees. I hope cost fees can degrease because bitcoin must better than bank transfer.
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rainingbitcoins
Sr. Member
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Activity: 728
Merit: 252
SmartFi - EARN, LEND & TRADE
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June 07, 2017, 03:36:34 AM |
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I am using electrum wallet so there is an option of adding higher fees so generally I prefer to add higher fees so that my transactions should get confirmed fast as I cannot afford to wait longer especially in case of emergency.
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arcanayou
Member
Offline
Activity: 150
Merit: 10
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June 07, 2017, 04:10:30 AM |
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Of course everybody wants a low fee for each transaction, even for rich people who have lots of bitcoinpun it is necessary. Unfortunately there is no free fee from conbase, I used to use coinbase for transactions but now no, even now the fee is quite big compared to other bitcoin wallet, so I menyimpanya in poloniex, in addition to its trading fee is quite small
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ChronoLite
Sr. Member
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Activity: 840
Merit: 250
www.guestcrew.com
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June 07, 2017, 04:49:13 AM |
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I think even you use low fees but getting slow transaction and yes that's useless, i'd rather to use dynamic fees and add my own fees to maximize my transaction because for me that's okay to add few satoshi to push your transaction.
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dwtan
Newbie
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Activity: 11
Merit: 0
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June 07, 2017, 04:54:04 AM |
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I will use normal fees as I would like to receive my bitcoin asap.
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MingLee
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June 07, 2017, 04:59:13 AM |
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I'm just moving my Bitcoin with about-normal fees per byte right now, maybe a bit on the lower side but I don't set it so low as to require more than 6 hours for the first confirmation. If I really cared about the fees that I was spending changes are I would have started to care a long time ago, not just right about now. That might come back to bite me in the ass sometime soon. I hope that it won't.
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tittensor
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June 07, 2017, 05:04:33 AM |
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yes i made a transaction and made a fee of 70 satoshi per byte few days ago and it confirmed after 5 hours. i usually pay 250 satoshi per byte fee because before, the recommended fee is 220-250 satoshi per byte but now its 480 i'd rather wait for hours than to pay a huge fee.
If you use Electrum or Wallet have recomend and default fee, you should use it, from 200 sat/byte and max 500 sat/byte if use Electrum
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shine1123
Sr. Member
Offline
Activity: 490
Merit: 250
🤖UBEX.COM 🤖
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June 07, 2017, 05:10:23 AM |
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I'm not using low fees anymore because blockchain confirmed is really long to get confirmed. That's why i use the minimum fee at least 0.0005-0.001 to get fast confirmation. If you use lower fee such 0.0003 your transaction will not get confirmation fast.
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Schuyler
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June 07, 2017, 05:22:11 AM |
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I am using the regular fees right now since I am in no hurry to have my transaction confirmed. I don't mind waiting an hour or two if it just for small transactions, just as long as I don't overpay. But if I am in a rush, I would have to pay premium for my transaction to be prioritized, which means doubling (or even more) my transaction fees.
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Raja_Salman
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June 07, 2017, 05:29:19 AM |
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Is there anything that can help? Now the fee on the blockchain is very high even can penetrate 1 $ or more, anyone can give me a wallet safe and fee is not too expensive. 1 $ in my opinion is very expensive
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cindayou
Newbie
Offline
Activity: 9
Merit: 0
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June 07, 2017, 05:29:47 AM |
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I only use normal fee, no choice anymore, no one is free, I hope there will be a wallet with a small fee
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