Are you using low fees?

[Sk_Ezaz]

I use high fee on coinbase.when I send bitcoin coinbase to coinbase it cost low fee but when I send it on other wallet it cost high fee.some days ago I am trying to send some dollar coinbase to directbet but it cost 50k satoshi something.on coinbase there is no fee selection option.

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[dothebeats]

Yes, I use the lowest possible fee I can pay that can get my tx confirm within the next 3 blocks since I'm not always in a rush. However generally, I don't pay low fees, but the current state of tx forces me to do the lowest fee possible so as to save $ for a single tx.

[Immakillya]

I never tried below normal transaction fee. Maybe im afraid my funds to be stuck and pending in many days. Also i only transfer funds when i really need the fund. And for that i have to put normal to priority miner fee to make it faster and avoid inconvenience. That's a good move tho. But i rather don't transfer the funds than wait for that long.

[Ankara]

I always use 30 satoshi per byte and i'm letting Jihan BU to pay the rest on my behalf.   Viabtc's free service does the job very well.

Paying >200satoshi/byte started to hurt me very badly. I have to move my coins from one address to another from time to time because those small incomes which i collect from here and there create many inputs in time and i don't want to look at a 100$ fee in some day.

I must admit they are brilliant services that I use when I've sent with low fees by mistake.

They are high but I've never seen a future with bitcoin and the need for super fast confirms where the odd high fee really matters.

Plenty of alts do that job much better.

[Prodigan786]

if I am using low fees I have to wait long time like low payments otherwise receiver will get panic and loose clients so have to use fair fees for now a days no other option for keeping customer happy you have to pay high fees

[xIIImaL]

I never tried below normal transaction fee. Maybe im afraid my funds to be stuck and pending in many days. Also i only transfer funds when i really need the fund. And for that i have to put normal to priority miner fee to make it faster and avoid inconvenience. That's a good move tho.

Normal fees means default fees right. That would set as by default and nowadays default fees has been increased to 0.0007 to 0.00092 btc for a transaction in blockchain.info and coinbase. If you wish to have a low fees for a transaction. you can use the the multibit or bitcoincore to have a fees as 0.0001 or little. Confirmation time would little longer than the above mentioned one.

[Happydd]

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?

I will never use low-cost transactions, that will cause a lot of trouble, you may have to wait a long time, that for me is a discomfort. I always spend at least 0.001 btc per transaction.

[emberbekas]

I never tried below normal transaction fee. Maybe im afraid my funds to be stuck and pending in many days. Also i only transfer funds when i really need the fund. And for that i have to put normal to priority miner fee to make it faster and avoid inconvenience. That's a good move tho.

Normal fees means default fees right. That would set as by default and nowadays default fees has been increased to 0.0007 to 0.00092 btc for a transaction in blockchain.info and coinbase. If you wish to have a low fees for a transaction. you can use the the multibit or bitcoincore to have a fees as 0.0001 or little. Confirmation time would little longer than the above mentioned one.

We can set our desired fee when using blockchain wallet too but frankly if we used low fees, below 100 sat/B, there's a chance for our transaction to get confirmed after several days. It's better to use medium or higher fee if we are in a hurry.

[Pattart]

you need to do some analyzing on the mempool sometimes. i have had some 100 satoshi/byte fee transactions in the past few days which have been confirmed in less than 5 minutes!
as i have said multiple times, the big number you see in the mempool (60K, 90K) are mostly spam attack not real transactions which means most of them have pretty low fees.

I'm not very good at doing the mempool analysis. I do not really understand that. Is it no tutorial to understand that analysis. Because I'm so fed up with the very long transaction time. When I've used a fairly large fee

[Vishnu.Reang]

We can set our desired fee when using blockchain wallet too but frankly if we used low fees, below 100 sat/B, there's a chance for our transaction to get confirmed after several days. It's better to use medium or higher fee if we are in a hurry.

The number of unconfirmed transactions is now standing at less than 50,000 and it is going to decline even further. Perhaps now it is a golden chance to start a few low-fee transactions. Yesterday, I tried a low-free transaction where I paid around 120 Sat/B, and it got confirmed in less than 24 hours.

https://blockchain.info/unconfirmed-transactions

[Xester]

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?

I always need the money I earned through bitcoin so I always have to use low fees.  But like what you said I realized that those small amount of bitcoins sooner if you would add all of it, it will sum to a valued amount.  So since then, I make sure to make it big and then make a huge withdrawal so the fee is all worth it.

[BitHodler]

I am not that much into sending transactions beside the occasional deposits to my exchange.

I am just sticking to the recommended fees as per the example of 21.co. In most cases they confirm within 2 blocks, but some times they take 4 or 5 blocks to finally confirm.

If I need to have my deposits confirm quickly, I just include a bonus $1 in fees. It's obviously not an ideal situation, but we have to deal with it, whether we like it or not ~ complaining is pointless.

[Labumi]

I too use the lowest fees when I transfer or withdraw BTC to my wallet and the funny thing is that it doesn't really take that long to reflect in my wallet. And that's what I usually use too especially when I'm taking out my capital in trading and returning the funds back to my wallet.

well, it is now the closest thing makes people restless or confused is confirmation that occurs in the bitcoin. Where sometimes there is someone who uses a standard cost above the fee suffered a long delivery, but there is also a transaction with a small standard fee or get a faster confirmation. But for me, if indeed I do onsite will be much better I budge by giving a big fee. Because if it does so then I can lose a lot of great opportunities
 

[nejibens]

I am using Blockchain wallet, the wallet dont allow the users to custom the fee's amount, however it propose some medium amount as fee, but it guarantee that the transaction get confirmed soon.

[perla]

sometime yes, when i am not in hurry to sell my coins. i send from blockchain and not use their recommended fee and wait for it to get confirmation itself. but sometime my transaction back to my wallet and i must send my coins again

[chixka000]

Last time i used a low fee. I ended up getting my transactions back to my wallet not once but thrice. I only payed 10k sat as a transaction fee and it was unconfirmed for about 3days each transactions which drives me fvcking crazy

[7jaka7]

I am using Blockchain wallet, the wallet dont allow the users to custom the fee's amount, however it propose some medium amount as fee, but it guarantee that the transaction get confirmed soon.

You should get a wallet which allows you to set fee you want. If you are not in a hurry you should set minimum fee, because you never know, we are potentially spending hundreds of dollars (if BTC price go to the sky) for each transation... Keep that in mind!

[YuginKadoya]

I am giving normal than the usual fee, or just as lesser high than the normal for example if the fee are 0.01 btc I would just give a 0.011 btc instead this is to ensure that it will be confirm to the blockchain and sometime I am using wallet that are zero transaction  or would prefer a wallet that have zero fee if the transaction is on the same wallet, just like what I am using right now, well if I had a transaction with someone I prefer to let him make a same wallet as mine to do the transaction, but if it is to the Blockchain I always want a fast transaction that is why I give not that much bigger fees to fasten the transaction because I am surely using that coins to make a trade wuth other coins as well.

[stompix]

We can set our desired fee when using blockchain wallet too but frankly if we used low fees, below 100 sat/B, there's a chance for our transaction to get confirmed after several days. It's better to use medium or higher fee if we are in a hurry.

The number of unconfirmed transactions is now standing at less than 50,000 and it is going to decline even further. Perhaps now it is a golden chance to start a few low-fee transactions. Yesterday, I tried a low-free transaction where I paid around 120 Sat/B, and it got confirmed in less than 24 hours.

https://blockchain.info/unconfirmed-transactions

There is a pretty damn stupid reason why the unconfirmed number was decreasing..
Believe it or not is because of the increase in mining power.

We were getting a block every 8 minutes and the capacity of the chain was increased by nearly 20%.
But the dif adjustment just kicked in and the number will go up again.

[BitcoinGirl.Club]

At times I find myself paying high fees because I need my bitcoin transaction confirmed in the fastest possible time
atm am paying fees in the ranges of 40-60k satoshis which is high enough imo hope it maintains this range for the time being.