Bitcoin Forum
January 24, 2022, 01:38:39 AM *
News: Latest Bitcoin Core release: 22.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: how much transaction fee i need to pay?  (Read 536 times)
freebitcoins4u
Hero Member
*****
Offline Offline

Activity: 798
Merit: 500



View Profile
June 26, 2017, 06:54:55 PM
 #1

hey,

if i want to send 0.1 btc how much fee i should pay?
on multibit classic there is a slider for BTC to KB. if i choose 1,000 satoshi for 1 KB its give me to pay 53,000 satoshi for 0.1 BTC. is this enough?

i saw this recommendation:

"The fastest and cheapest transaction fee is currently 390 satoshis/byte, shown in green at the top.
For the median transaction size of 226 bytes, this results in a fee of 88,140 satoshis."

at:

https://bitcoinfees.21.co/

so what should i do? according to multibit it 1satoshi/byte?


1642988319
Hero Member
*
Offline Offline

Posts: 1642988319

View Profile Personal Message (Offline)

Ignore
1642988319
Reply with quote  #2

1642988319
Report to moderator
1642988319
Hero Member
*
Offline Offline

Posts: 1642988319

View Profile Personal Message (Offline)

Ignore
1642988319
Reply with quote  #2

1642988319
Report to moderator
1642988319
Hero Member
*
Offline Offline

Posts: 1642988319

View Profile Personal Message (Offline)

Ignore
1642988319
Reply with quote  #2

1642988319
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1642988319
Hero Member
*
Offline Offline

Posts: 1642988319

View Profile Personal Message (Offline)

Ignore
1642988319
Reply with quote  #2

1642988319
Report to moderator
1642988319
Hero Member
*
Offline Offline

Posts: 1642988319

View Profile Personal Message (Offline)

Ignore
1642988319
Reply with quote  #2

1642988319
Report to moderator
1642988319
Hero Member
*
Offline Offline

Posts: 1642988319

View Profile Personal Message (Offline)

Ignore
1642988319
Reply with quote  #2

1642988319
Report to moderator
swogerino
Legendary
*
Offline Offline

Activity: 2310
Merit: 1104


Crypto Casino & Sportsbook


View Profile
June 26, 2017, 07:01:01 PM
 #2

Use the recommended fee from the bitcoinfees website. If you add 88,300 satoshi to the transaction chances are it will get a better priority and will make your transaction confirm faster. It is a good thing that you asked first cause many other persons here open new threads every day for unconfirmed transaction because they don't ask. Do as the website says and not as Multibit says.


██████████████████████████████████████████████████████████████████████
████████▀▀▀        ▀▀█████████████████████████████████████████████████
██████▀    ▄▄▄▄▄▄▄▄    ███████████████████████████████████████████████
█████    ▄█████████▌   ▐█████▀  ▐███████████████▌  ▀██████████████████
████▌   ▐██████████    █████    ████████████████    ██████████████████
████▌   ▐█████████▄▄▄▄█████▌   ▐███████████████▌   ▐███▀▀█████████████
█████    ▀███████████████▀▀        ▄███████████    ██▀   ▐████████████
██████▄     ▀▀███████▀▀         ▄▄███▀▀▀▀█████▌   ▐▀   ▄███▀▀   ▀█████
█████████▄▄     ▀▀███▄  ▄▄    ████▀    ▄   ███       ▄███▀   ▄█  ▐████
█████████████▄▄     ▀████▌   ▐███▀   ███   ██▌      ████    ██▀  █████
██████▀▀   ▀█████▄    ███    ████   ███▌  ▐██    ▌  ▐██▌      ▄▄██████
█████    ▄████████    ▐██    ██▀▀   ██▀   ▐▀    ▐█   ██▌   ▀██▀▀  ████
████▌   ▐████████▀    ███▄     ▄▄▄     ▄    ▄   ▐██   ██▄      ▄▄█████
████▌   ███████▀    ▄███████████████████████████████▄  ▀▀██████▀▀ ████
█████    ▀▀▀▀     ▄█████████▀    ▀█▀    ▀█       ▀████▄▄         ▄████
██████▄▄    ▄▄▄▄████████████  █████  ██  █  █  █  ████████████████████
█████████████████████████  █▄    ▄█▄    ▄█  █  █  ████████████████████
██████████████████████████████████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀▐▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄█▀▀▀█████████▀▀▀█▄
▄█▀    ▄▀█████▀     ▀█▄
▄█▄    █        ▀▄   ███▄
▄████▀▀▀▀▄       ▄▀▀▀▀▀███▄
████      ▀▄▄▄▄▄▀       ███
███     ▄▄███████▄▄     ▄▀█
█  ▀▄ ▄▀ ▀███████▀ ▀▄ ▄▀  █
▀█   █     ▀███▀     ▀▄  █▀
▀█▄▄█▄      █        █▄█▀
▀█████▄ ▄▀▀ ▀▀▄▄ ▄▄███▀
▀█████        ████▀
▀▀█▄▄▄▄▄▄▄█▀▀
● OVER 1000 GAMES
● DAILY RACES AND BONUSES
● 24/7 LIVE SUPPORT
OgNasty
Donator
Legendary
*
Offline Offline

Activity: 3892
Merit: 2668


Crypto Casino & Sportsbook


View Profile WWW
June 26, 2017, 07:11:50 PM
 #3

I stumbled onto this page and I use it frequently to see how much to pay.

https://jochen-hoenicke.de/queue/#24h

The visualization makes it really easy to judge a fee based on your need.


██████████████████████████████████████████████████████████████████████
████████▀▀▀        ▀▀█████████████████████████████████████████████████
██████▀    ▄▄▄▄▄▄▄▄    ███████████████████████████████████████████████
█████    ▄█████████▌   ▐█████▀  ▐███████████████▌  ▀██████████████████
████▌   ▐██████████    █████    ████████████████    ██████████████████
████▌   ▐█████████▄▄▄▄█████▌   ▐███████████████▌   ▐███▀▀█████████████
█████    ▀███████████████▀▀        ▄███████████    ██▀   ▐████████████
██████▄     ▀▀███████▀▀         ▄▄███▀▀▀▀█████▌   ▐▀   ▄███▀▀   ▀█████
█████████▄▄     ▀▀███▄  ▄▄    ████▀    ▄   ███       ▄███▀   ▄█  ▐████
█████████████▄▄     ▀████▌   ▐███▀   ███   ██▌      ████    ██▀  █████
██████▀▀   ▀█████▄    ███    ████   ███▌  ▐██    ▌  ▐██▌      ▄▄██████
█████    ▄████████    ▐██    ██▀▀   ██▀   ▐▀    ▐█   ██▌   ▀██▀▀  ████
████▌   ▐████████▀    ███▄     ▄▄▄     ▄    ▄   ▐██   ██▄      ▄▄█████
████▌   ███████▀    ▄███████████████████████████████▄  ▀▀██████▀▀ ████
█████    ▀▀▀▀     ▄█████████▀    ▀█▀    ▀█       ▀████▄▄         ▄████
██████▄▄    ▄▄▄▄████████████  █████  ██  █  █  █  ████████████████████
█████████████████████████  █▄    ▄█▄    ▄█  █  █  ████████████████████
██████████████████████████████████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀▐▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄█▀▀▀█████████▀▀▀█▄
▄█▀    ▄▀█████▀     ▀█▄
▄█▄    █        ▀▄   ███▄
▄████▀▀▀▀▄       ▄▀▀▀▀▀███▄
████      ▀▄▄▄▄▄▀       ███
███     ▄▄███████▄▄     ▄▀█
█  ▀▄ ▄▀ ▀███████▀ ▀▄ ▄▀  █
▀█   █     ▀███▀     ▀▄  █▀
▀█▄▄█▄      █        █▄█▀
▀█████▄ ▄▀▀ ▀▀▄▄ ▄▄███▀
▀█████        ████▀
▀▀█▄▄▄▄▄▄▄█▀▀
● OVER 1000 GAMES
● DAILY RACES AND BONUSES
● 24/7 LIVE SUPPORT
coindose
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile
June 26, 2017, 07:18:33 PM
 #4

I always use the recommended fee and change the second digit of the satoshi amount with 1 or 2. That's the sweet spot for me.
HCP
Legendary
*
Offline Offline

Activity: 1904
Merit: 4127

<insert witty quote here>


View Profile
June 27, 2017, 11:39:17 AM
 #5

MultiBit classic is outdated and no longer maintained or developed. As such, it's fee system is outdated and does not reflect the current bitcoin network situation.

You will find that the maximum fee you can set in MultiBit Classic will result in at most around 50 sats/byte... which is VERY low by current standards. As such, any transaction you send from MultiBit Classic is likely to experience delays (aka get "stuck").

If you can create a transaction with "at least" 10 sats/byte, you can attempt to use the ViaBTC TX Accelerator... although this system is very popular and it is difficult to get one of the 100 slots they have per hour.

You other option is to export your private keys and sweep (or import) them into a wallet that supports "dynamic fees" like Electrum.

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!