Are you using low fees?

[multimix]

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.

[1713869511]

1713869511

[FlightyPouch]

I don't usually send small amount, that is bothering, not to me but for the miners.

Why would it be a bother to the miners? In fact they will be overjoyed to what you are doing there that is there job. Do you know where the fees are going? The fees we are paying are for the miners that is accepting the transaction. The more the transaction is, the more they earn.

Low fees are not a great idea until LN was used. I think the transaction is faster now than those last years.

[gristlygrudging34]

I pay high fee because I don't wanna risk my btcs by keeping them in the system. Rather prefer to withdraw them in my laptop ASAP

[talldude]

Everything now is really calm including the transaction fee,  you can literally use bitcoin to buy a cup of coffee which wasn't possible some weeks ago,  I guess this downtrend is also helping transaction fee in becoming stable, I was surprised the other day when I sent  out $500 worth of BTC to someone and I was charged just about $0.01 as transaction fee. I was scared at first.

[alex6464]

Im not using low fees, wallets that use low fees I think are low on security and I only send and transact BCT in larger amounts. Sometimes Im converting BTC to fiat and then send it as a fiat to avoid such fees.

[IsabelCornd]

Probably it's very stupid to use low fees. I am not greedy enogh to pay $20 insteed of losing my wallet or money on it. Security on low fees wallet isn't the best.

[Larrycool]

everybody wants a low fee for each transaction, even for rich people who have lots of bitcoin pun it is necessary. Unfortunately there is no free fee from coinbase, 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

[Froloff92]

Not anymore because then all my transactions would probably get stuck. Now I use wallets with dynamic fees policy. But there are also no low fees anymore, even those labeled as normal or low are very high.