Are you using low fees?

[pooya87]

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.

[mrfreezeh]

Three months ago, I only need 50 satoshi/kb for make make transactions and it confirm very fast! But now, I need spend 250 sat/kb if I want my transaction confirm fast and this is a big fee for me because the price Bitcoin now very hight

[AicecreaME]

Three months ago, I only need 50 satoshi/kb for make make transactions and it confirm very fast! But now, I need spend 250 sat/kb if I want my transaction confirm fast and this is a big fee for me because the price Bitcoin now very hight

Of course the transaction fees will get higher because the demand of bitcoin is getting higher every year, that is why obviously the miners will make the transaction fees high so that they will also get some profits. Most of us says it is not fair, how come? we are all getting benefited by bitcoin here in this crypto world, and if you don't want to be bother by this transaction fee, then simply just don't pay it and don't expect to receive your bitcoin, or wait for a longer time to receive your bitcoins.

The only problem here is those people who are earning bitcoin through faucets and acting like almighty about this thing, then just simply change your way on how to earn bitcoin, problem solved.

[hasiramasenju]

several month ago with only 70 satoshi/kb my transactions was confirmed only few hours but today is different that we have to set the higher fees to reach fast confirmations and today i decide to added more fees at least to 280 satoshi/kb because it necessary to get fast confirmations

[Amph]

i almost never use the recommended fee, too expensive, unless i have to send an important transaction, that i need the confirmation to happen fast without delay

but usually i choose 50% of the needed fee, i find it a good comprise and it's often confirmed relatively quickly, it appear also that some pool are confirming low fee transaction, check the mining forum...

[CryptoBry]

Here in the Philippines, we have no big problem in transferring Bitcoin except if we use maybe Blockchain or Coinbase wallets. We have our coins.ph and similar sites and they are doing good job but coins.ph now is starting to charge us service fee and we are given three choices and I just usually choose the slow one which is actually not really so slow...we are not complaining on speed but we are somewhat shocked of the fee because in the past this is shouldered by coins.ph itself but not anymore.

[Netnox]

several month ago with only 70 satoshi/kb my transactions was confirmed only few hours but today is different that we have to set the higher fees to reach fast confirmations and today i decide to added more fees at least to 280 satoshi/kb because it necessary to get fast confirmations

Two days back, my transactions also got confirmed very quickly, although I paid a fee far lower than what was suggested by bitcoinfees.21.co. If I remember it correctly, I paid around 100 Sat/byte. The online calculator was suggesting somewhere around 260 Sat/byte.

That said, it is now getting very difficult to do small-value transactions. I paid BTC0.0002 fee for transferring BTC0.001 from one of my wallets. That corresponds to close to 20% fee.

[cluit]

Three months ago, I only need 50 satoshi/kb for make make transactions and it confirm very fast! But now, I need spend 250 sat/kb if I want my transaction confirm fast and this is a big fee for me because the price Bitcoin now very hight

Yes, you should be careful in selecting the transcation fee as a too low fee will make your confirmation waiting for months and its no use.

[Ewox]

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.

[shamzblueworld]

Yes, I always have used low fees so far. But that is because of Multibit wallet, who sets the fees automatically and as I have set the fee slider towards the lower side of it. But now I think I would get Electrum and use manual fee per transaction, so I can set low fees for transactions when the time won't matter much, and relatively higher fees for when its an urgent transfer.

[audaciousbeing]

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?

Your reason for using low fee is valid and even me would do same thing if I am in your position since it will still amount to the same thing in my wallet when it arrives whether the price of bitcoin increases or decreases but for someone who is ready to pay for sale, I am not sure that argument will stand for whatever reason before confirmations means money exchanging hands which cannot wait for weeks especially in case of emergency.

[Freezingel]

Even though it's not urgent, i always set my transaction fee according to the recommended one on my wallet. Sometimes i lower it a little bit but it's always more than 100 satoshi/byte.

[Ayiranorea]

I used to use low fee based on the confirmation I expect. At times when I need to make a selling used to provide the higher transaction fee, as the price volatility is high and at any time the price variation might drop. Hope it's good to go with the transaction fee suggested by the wallet service to have a timely confirmation.

[slapper]

LOL. Using low fees will make transaction never reach the receivers. I expect that there must be a way to fix this problem but up to now, I have not seen anything come from the developer or the miner. Hope that they will soon improve this isse

[slimetime]

Always using the default fee even if it seems low. I'm in no rush usually, and when the network was spammed by miners transactions were slow and regardless of the amount of fees you paid transactions were still getting stuck for a few days. That was one time when I was OK with paying larger fees but it didn't help in any way so I see no point.

[beerlover]

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 have been checking the fees here : https://btc.com/stats/unconfirmed-tx and then I send accordingly my fees. Usually its around 200 and 300 but its lower and higher too. And guys if you ever miss the proper fees you can use btc.com push tx service to get a very fast confirmation ( they show as usually 7-8 mins )

[aldrian09]

As much as I want to save money buy using low fee the waiting game sucks so I don't have the choice but to use high fees especially when I need the money right away.

[amacar2]

I always use enough fees to get confirmation on my transaction by next block. There is no point on waiting for weeks with panic to get confirmation so that you can use those bitcoin. If you really want to save on fees and want to make micro transactions than you should use other alts, fees on bitcoin is really high these days. 

[SvenBomvolen]

I began to use Hashnest wallet few weeks ago and I pay 0,00002 BTC for the transaction and it is kinda fixed fee there, but the transaction provided during an hour. I am satisfied with that speed and I ready to pay this fee for the fast speed of the transaction. You see, if you pay a super low fee, but wait a week the price for bitcoin may drop so deep that it will not be profitable for you at all.

[UCHCHILD]

It is so disgusting to use low fee at the moment because of too much volume of transactions every seconds.
I have pending money now but then the senders put low fees now I am waiting more than a week. This is first time in my bitcoin life
I guess if you want money assurance from other senders better put fair fees so that it is not hussle in receiver's part. It is so hard to wait for so long.