Are you using low fees?

[hatshepsut93]

Another of my low fee transactions (25sat/byte) got confirmed recently, it took more than 5 weeks, which is fine for me. Maybe I'll test pushing low fee transactions some day, because it looks like a good strategy to save some money - you can send coins to your wallet with very low fees and in case you will need them confirmed, you just add more fees. Pushing transaction probably costs a lot (my Electrum suggested something like 0.006-0.01 BTC for child pays per parent transaction), but most of the time you will be saving money with lower fees, so in the long run this strategy should pay out.

[sulendra12]

Most of the times I use to convert bitcoin to some altcoin like doge or ltc or eth

Really? . What do you think if you need your transaction quickly ? Because swap your bitcoin to altcoin is time consuming and you never know the price may crashed suddenly when you try to convert to altcoin also how long your transaction to get confirmed.

Send directly in your wallet and adjust your fee to get quicker confirmation.

[Eclipse26]

i go for middling fees. i'm not convinced fees that low will ever confirm with things the way there are these days. if i'm buying something then i go for relatively high because i don't want to be waiting around.

Yes, its very irritating to wait for a long time whenever I used low fees. Sometimes I much prefer for a high fees to get as soon as possible what ever things that i buy.

[CARrency]

No im not using low fees or even the high fees because my wallet its depends on how much I send bitcoin if the bitcoin big for sure the transaction fee is high also. And if this transaction is low they will be low also. But in my other wallet not using to send payout they have option how much fee do you want the minimum transaction fee  is 0.001 and thatsvery big and Im not using it.

That is right, why do we need to use those low fees if we want to receive our transactions quickly. And I usually send moderate number of bitcoin, that is why it is okay for me to pay for the fee, I don't usually send small amount, that is bothering, not to me but for the miners.

[Dudeperfect]

i go for middling fees. i'm not convinced fees that low will ever confirm with things the way there are these days. if i'm buying something then i go for relatively high because i don't want to be waiting around.

Yes, its very irritating to wait for a long time whenever I used low fees. Sometimes I much prefer for a high fees to get as soon as possible what ever things that i buy.

It all depends on the priorities. I usually go with the fees suggested by the exchange or web wallet service providers as I don't do frequent transactions. I am not sure what is the reason but I have observed that even paying the average fees, the transactions are getting confirmed faster than before. I guess that exchanges are clubbing multiple transactions and it results in faster confirmation.

[Rajamuda]

Rarely. Low fees its sucks for me, it's make a transaction more possibility's pending. I've done it before, and yeah it's sucks  hmm sometimes depended on every sites, a low fees its working normally. But now, i'm more choosing a medium fees or high, that's better.

[alexsamudra]

I used to use very low cost and now the cost has gone up, now I have used Electrum for the transaction can still be confirmed.

[TastyChillySauce00]

Most of the times I use to convert bitcoin to some altcoin like doge or ltc or eth

Really? . What do you think if you need your transaction quickly ? Because swap your bitcoin to altcoin is time consuming and you never know the price may crashed suddenly when you try to convert to altcoin also how long your transaction to get confirmed.

Send directly in your wallet and adjust your fee to get quicker confirmation.

If his BTC is all inside the exchangers. I think everything is fine. Though you have pretty silly question  , If he needs his BTC quickly, he simply sends it directly without swapping them because it's basically just an option for him to avoid the overwhelming fee in bitcoin blockchain. Within the time intervals needed for a coin to be swapped and be sent to the targetted wallet, there might be a fluctuation happen, but mostly just a small margin, if he's fine with it, it's ok, though.

[stompix]

Another of my low fee transactions (25sat/byte) got confirmed recently, it took more than 5 weeks, which is fine for me. Maybe I'll test pushing low fee transactions some day, because it looks like a good strategy to save some money - you can send coins to your wallet with very low fees and in case you will need them confirmed, you just add more fees. Pushing transaction probably costs a lot (my Electrum suggested something like 0.006-0.01 BTC for child pays per parent transaction), but most of the time you will be saving money with lower fees, so in the long run this strategy should pay out.

Really?
Can you share with us the tx?

Because till now I haven't heard of a transaction that has been in the mempool for more than 10 days without getting dropped.
5 weeks in the pool is a record.

Also I think you missed a 0 there ,

my Electrum suggested something like 0.006-0.01 BTC for child pays per parent transaction)

, I doubt Electrum charges 30$ for a tx.

[hatshepsut93]

Another of my low fee transactions (25sat/byte) got confirmed recently, it took more than 5 weeks, which is fine for me. Maybe I'll test pushing low fee transactions some day, because it looks like a good strategy to save some money - you can send coins to your wallet with very low fees and in case you will need them confirmed, you just add more fees. Pushing transaction probably costs a lot (my Electrum suggested something like 0.006-0.01 BTC for child pays per parent transaction), but most of the time you will be saving money with lower fees, so in the long run this strategy should pay out.

Really?
Can you share with us the tx?

Because till now I haven't heard of a transaction that has been in the mempool for more than 10 days without getting dropped.
5 weeks in the pool is a record.

Also I think you missed a 0 there ,

my Electrum suggested something like 0.006-0.01 BTC for child pays per parent transaction)

, I doubt Electrum charges 30$ for a tx.

https://blockchain.info/tx/4518d0bd6f28e718eceec5eb6f995024e56d61d9ede71601c717f83dbfbabceb

Timestamp shows wrong date, it was sent on 2017-05-09.

As for Electrum, it proposes those high fees for child pays for parent transaction, in order to get it confirmed both transactions very quickly.

[riskthebiscuit]

Really depends on the nature of the transaction for me. If I am trying to get it to an exchange in order to execute a trade Ill put high-normal fees on it. But if I am withdrawing to a hardware wallet or sending to a friend and its not urgent Ill put low, to lowest fees I think will make it.

[akija]

Since my Transactions are time sensitive so I do use high fees to get fast confirmations .

Your approach is right as Your transactions are not time sensitive you can wait for few weeks to get the confirmations .

[stevano]

I use it depending on the transaction that I run, big or small.
In the last few months I use a fee to be confirmed, especially I spend bitcoin.

[nethead]

Am currently using exchanges as my wallet. It pretty much does the job for me. The fee as far as know isn't that a big deal. People adviced me against using exchange, I have no choice unfortunately.

[coynedterm]

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?

Here I have things to understand and explain . First of all currently the fee rate got down . About 2 days ago I made a transaction with the low priority from the mysselium wallet and get confirmed in 6 minutes with 1 confirmation like a miracle​/magic  so here I am 100% sure if I can send Bitcoin with the fee 0.0001then it will get confirm soon and it will be about 50-60sat per byte .
Here not only you are using the low fee but a big exchange in my country using the same thing for the fee , they are using 50sat/byte for ownself transaction and get confirmed after month , that is really cool.for them because they don't much need for the speed because they have lot of money but are also savings much money with fee system .
And currently the fee is also down , so we can use to include our transaction in the block easily  but true is that we need to wait for the weeks .

[klf]

i go for middling fees. i'm not convinced fees that low will ever confirm with things the way there are these days. if i'm buying something then i go for relatively high because i don't want to be waiting around.

Yes, its very irritating to wait for a long time whenever I used low fees. Sometimes I much prefer for a high fees to get as soon as possible what ever things that i buy.

Most of the times I will choose the highest fee to pay and get confirmation as soon as possible because I don't like waiting for long. But now Bitcoins are no more attractive to send small amount so I stopped using bitcoins for smaller amount transactions. For small amounts, I prefer to use either ETH or DOGE coins. XAPO nowadays charges very high fee compared to blockchain fees.

[Rifat989]

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?

Yes i am using low fees.

[kidoseagle0312]

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?

Yes, I used low fees before when I first do transaction to withdraw my bitcoin using electrum wallet then I set it to the lowest fees
Since by that time I had no idea about it  before I received my bitcoin it takes 3days.

[buenav]

The exchanges I use don't give me the option but on the odd occasion I do make a transfer generally its one I can wait some time for so I use low fees.

[phpTaskForce]

Yesterday I sent tx with 34 sat/B and it is 2KB in size and it is still unconfirmed.
Will blockchain.info cancel transaction after some time? I know there is no chance it will be included in block since it's so large.

As I understand this, blockchain.info will undo transaction once nodes stop to broadcast it.