$8 fee? for a $73 transaction? Really what the fuc is going on?

[megynacuna]

The simple answer is just click on customize fee and pay lower like 0.0005 should be good, just wait more time to get confirmed. For long answer, do what lauda says. Don't use web wallets and start download bitcoin core. Actually the fee quite ridiculous though, imagine if someone do 1btc transaction, how much the fee will be ?

Absolutely, people should start making hardrive space for the entire Bitcoin core so they can use their wallets or get electrum light which has lower fees on them than these web wallets who are bent on making profits. I've decided against using web wallets again after reading through this thread.

[DRaGoN RaNTaRo]

Absolutely, people should start making hardrive space for the entire Bitcoin core so they can use their wallets or get electrum light which has lower fees on them than these web wallets who are bent on making profits. I've decided against using web wallets again after reading through this thread.

Using light weight wallets is always the right decision because you have complete control over your coins and you have the freedom to set your customized fees according to your needs,saving coins in web wallets are not fancy with the increase in fee structure and they will be charging more than the average fees.

[richardsNY]

Bitcoin is having very big transaction fee nowadays but when bitcoin price become into normal i think the fee will be less too like the old ones and they need the fees to keep the blockchain alive and that fee they gonna use it for to support it self. Like they gonna support the company and those needs.

In terms of fees in relation to its value in fiat, that will go down at the time the price is going down, but that's just temporarily -- overall, the price will increase beyond the levels that we have seen so far. In terms of the satoshi to byte ratio, this will only increase, and especially in the long term. If the price keeps going up, and the satoshi to byte ratio as well, and this is the most likely scenario, it will only get worse. It will require services to change their payment/payout structure in order to not only save themselves a few bucks on fees, but it also equals less overall network clutter due to insignificant 'dust' transactions.

[Rahar02]

I noticed the same, few days ago, 5€ for moving 50€ in BTC from my wallet to an exchange...

That's why you can change the fees but be carefull because smaller fees will greatly increase the transaction time.
In my case, when i putted 0.0005 BTC as fee, my transaction took nearly 3 days ! with 0.001 BTC it took a few hours.

It's a matter of balance between your imperatives, patience and the money you are ready to waste in exchange of time.

Well, it's about waiting time, patience and your money to spend, lol   
For people who willing to pay more fees to get their transaction be confirmed as fast as possible, it's fine.
But for people who don't want to be wasteful, high fees is not an option, so you have to pay low fees but deal with the time which could take days to confirmed.

[chaser15]

This shit is too crazy man!

Why the hell do i have to pay that mutch?
I wanna make a payment of $73, fee would be $8.04.
What the hell is going on?

Proof?
http://imgur.com/a/Y5Ruo

Anything to do to aviod this?
I will turn my back to Bitcoin if this shit is going on like this.

Even a $10 needs above $3 fee just to send it. It doesn't matter with the value but with the inputs.

As bitcoin price is increasing, we can really feel the high fees that is applied in every transactions. Because bitcoin is demand, the network is always fully loaded and we need to deal with the standard fees in order to get our transaction be confirmed. To minimize the cost, just send bitcoin to other address whenever you need and send that in advance so that you can also be fined with low fees. But accept that using low fees can make your transaction be confirmed in several days but limited to almost a week.

[azotas]

i payed today 0.00075 - 1.5 euro for transaction, and got my coins within 10-20 mins

[gilangIDR]

This shit is too crazy man!

Why the hell do i have to pay that mutch?
I wanna make a payment of $73, fee would be $8.04.
What the hell is going on?

Proof?
http://imgur.com/a/Y5Ruo

Anything to do to aviod this?
I will turn my back to Bitcoin if this shit is going on like this.

This is indeed a reasonable thing now to make transactions under 10 minutes you have to spend that much fee. But you also can actually set the amount of the desired fee, you are free to determine the amount of fee. But the results will affect the speed of your transactions. Usually I choose the amount of fee that is below the standard delivery 60 minutes. You can save quite a lot. I send 80 $ and only charged 2.5 $ fee, it will help save a bitcoin you have .

[shield132]

Absolutely, people should start making hardrive space for the entire Bitcoin core so they can use their wallets or get electrum light which has lower fees on them than these web wallets who are bent on making profits. I've decided against using web wallets again after reading through this thread.

Using light weight wallets is always the right decision because you have complete control over your coins and you have the freedom to set your customized fees according to your needs,saving coins in web wallets are not fancy with the increase in fee structure and they will be charging more than the average fees.

oh yes, that's good when you are using bitcoin core on your own computer but also it has it's side effects. If your pc got damaged hardly, you will lost your bitcoins. I understand that online wallets are risky because you are trusting them your coins but legal websites like coinbase are safe for me.
And what's about thread, bitcoin isn't that old coin which was good for quick and cheap transactions, it's great now for only very high amount, not for simple 100$.

[iqlimasyadiqa]

Absolutely, people should start making hardrive space for the entire Bitcoin core so they can use their wallets or get electrum light which has lower fees on them than these web wallets who are bent on making profits. I've decided against using web wallets again after reading through this thread.

Using light weight wallets is always the right decision because you have complete control over your coins and you have the freedom to set your customized fees according to your needs,saving coins in web wallets are not fancy with the increase in fee structure and they will be charging more than the average fees.

oh yes, that's good when you are using bitcoin core on your own computer but also it has it's side effects. If your pc got damaged hardly, you will lost your bitcoins. I understand that online wallets are risky because you are trusting them your coins but legal websites like coinbase are safe for me.
And what's about thread, bitcoin isn't that old coin which was good for quick and cheap transactions, it's great now for only very high amount, not for simple 100$.

Web wallet remains a priority. Computer maintenance using bitcoin cores should have a pretty decent cost. We should always synchronize the server, while the web wallet does not have to be done. Our work is lighter. But it is like that, the disadvantage is the cost of each transaction is quite high. Is not currently the best solution for both.

[Omega Weapon]

I don't know how many inputs you have and that's the number of satoshi/byte intended to pay as tx fee, but if your transaction doesn't have many inputs (faucets) you can do better with a proper local wallet.
So if you can export your private key(s) and import into Electrum you have a good chance to pay (much) less.

This is true, I remember that a few months ago I was trying to send a transaction too and the fee was 20 dollars, it was ridiculous, I imported my keys into electrum and at the end I paid about a dollar in fees, so if you can do this do it, you don’t lose anything and in the end may win a lot in terms of savings.

[alexis3]

The current almost default fee for a regular 222 byte transaction is about 0.0004 which is equal to $1, if you have to pay $8 then it's because the size is much bigger by including more addresses in sending and receiving.
I'm not saying the fee is OK, but I am not with changing the system to something centralized which is taking the purpose of BTC for cheaper confirmations...

[scout5]

depending on what app/program you're using, you can set a lower fee ($1 or so) if you're not in a hurry. Don't worry though, there will be a fix for this at the beginning of august. 

[Sithara007]

I just withdrew my signature earnings from YoBit, and I paid a fee of BTC0.0015, which is equivalent to some $3.75 (YoBit paid BTC0.0011594 for the transaction). Even Paypal doesn't have these sort of insane fees. I am feeling really angry at the miners now. If they don't want SegWit, then let them come up with some other solution. But this can't go on like this for ever.

[chalkboard17]

just relax bro. Do not need to be panic or angry like that. Bitcoin will soon be the same as it was in the past. HF will soon happen and we will soon activate both segwit and increase block size from 1 to 2mb

[SingAlong]

This shit is too crazy man!

Why the hell do i have to pay that mutch?
I wanna make a payment of $73, fee would be $8.04.
What the hell is going on?

Proof?
http://imgur.com/a/Y5Ruo

Anything to do to aviod this?
I will turn my back to Bitcoin if this shit is going on like this.

You seriously need to go and do some homework! Adjust that goddamn fee so that you will not pay so high. You have an option whether to pay a high fee or low that depends if you need it soon or not. Also Bitcoin nowadays is not suitable for any microtransaction or rather not recommended considering the fees nowadays. We should wait and see whether the transaction would somehow go down then I will decide to look for another method to have a lesser transaction fees if somehow it would rise and affordability is no where to be found.

[Freezingel]

According to what i read, the amount of fee is calculated based on the input and the network, so you can try to reduce the size or lower the recommend fee if you don't mind to wait. The most i paid for is about $1 few.

[Lancusters]

I can't understand why the fee per transaction is so high. It ought to be motivated. Many people enjoy small tranches and therefore can generally turn away from the use of bitcoin. This is necessary to solve something, but our little depends.

[ornabldo]

The regular fee is much lower, probably the maximum is now $2 dollars now to get confirmed in the next one or two blocks/ Fees are voluntarily and paid in the high side to get confirmed instantly or very closely. otherwise using a regular fee would do.

[szpalata]

just relax bro. Do not need to be panic or angry like that. Bitcoin will soon be the same as it was in the past. HF will soon happen and we will soon activate both segwit and increase block size from 1 to 2mb

I hope that this solution will be the ideal solution we've craving for and there will be no further disputes or problems arising from the application of this solution. I'm for the good of Bitcoin and hope this helps us to overcome these huge fees and delayed confirmation times without any side effects.

[lady Royal]

Dude you are crying over $8? I have paid more than 8$ for a 10$ transaction that is actually ridiculous because I need that money real fast, So, I put that high fee. We hope that miners stop doing that shit and start accepting transactions with a low fee.