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Author Topic: Transaction FEES 0.00133153 BTC !!!  (Read 5005 times)
shield132
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August 13, 2017, 06:00:31 PM
 #61

I have already mentioned many times that bitcoin transaction fees aren't fair, bitcoin users have to pay lessbas it was from the first time. By the way currently we don't have to pay as much fees as we had months ago and exchanger don't has to request you to fee so high fee, seems they aren't good or they want much profit.
If there isn't any other platform to trade with XRB, then contact exchanger and request less transaction fees or they will lose their good customer.

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August 13, 2017, 06:14:41 PM
 #62

I don't know why so many services require such a high fee. It's a nuisance. Transaction fees as low as 0.000003 do get confirmed eventually. You might have to wait 24-48 hours, but they do get confirmed.
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August 13, 2017, 07:04:20 PM
 #63

The fees are really getting out of hand... Bitcoin was meant to be the currency to go against that kind of thing - Now the miners who have a monopoly on the market act together and if it keeps going like this, soon enough bank transfers will be cheaper, lol... and if that time comes, bitcoin will be useless.
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August 13, 2017, 07:10:54 PM
 #64

The fees are changing within minutes. When they are to high, i wait a few minutes, until they are much smaller. Maybe the fees will go down or at least become more stable in november with lightning network.
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August 13, 2017, 07:20:52 PM
 #65

Its more crazy now than when juhan wu was injecting a ton of fake transactions to get the fee up. I thought segwit was supposed to solve this?
Giebaymax
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August 13, 2017, 07:37:55 PM
 #66

Just now make a withdraw from Bitgrail and it take 0.00133153 BTC ($5.49 ) as a fee !! (https://live.blockcypher.com/btc/tx/cdf1dc891dfc0bd827b3b4f442ab5095e5073486bce9711fde859da7fccf7ecb) Oh my God! I think it's too many fees for a transation. How to overcome this high fee? Do you follow any special tips to overcome high Bitcoin fee?
Badly i need to know any good tips about it. Someone help me please.
Best regards
Mkmanik


We can not overcome the high fees and we set to lower the price of the fee, so until now that can setting the fee only in blockchain only and for fees outside the blockchain are all equivalent to 0.001 even more annoying again is when we have been exposed to fee 0.001 Look at tx id fee that we give it from some address not until 0001 now this is a lot of exchange sites that take advantage of the fee is not how the price feenya but we can calculate how many people who invest in the exchange and that's a great advantage for the exchange..
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August 13, 2017, 08:20:26 PM
 #67

It is not so much yet. On YoBit which I use for exchanging the fee is 0.0015 BTC and it is too much. So I try to not use the function of withdrawing bitcoins to my wallet.
if you are searching for a low fee wallet I can recommend you that one that I use - Hashnest, the fee is only 0.0002 BTC.
I really thought the hard fork will bring to us low fees, but that doesn't happen, at least we have now 4000$ price for bitcoin and that is even better.
Anarchist
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August 13, 2017, 09:34:03 PM
 #68

It is not so much yet. On YoBit which I use for exchanging the fee is 0.0015 BTC and it is too much. So I try to not use the function of withdrawing bitcoins to my wallet.
if you are searching for a low fee wallet I can recommend you that one that I use - Hashnest, the fee is only 0.0002 BTC.
I really thought the hard fork will bring to us low fees, but that doesn't happen, at least we have now 4000$ price for bitcoin and that is even better.

Really? Advising a cloud mining website as a wallet?
Why not using a wallet that let you choose the fees you want to set yourself. As web based wallet, I know Bitwala let you set the fees yourself
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August 13, 2017, 09:48:24 PM
 #69

Well this would feel bad but we can do nothing to control the transaction fees taken by exchange. Maybe you can avail service from other exchange like polo which charge 10k sats only but if the altcoins you are trading are not listed there then you have no choice.

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August 13, 2017, 09:54:15 PM
 #70

Just now make a withdraw from Bitgrail and it take 0.00133153 BTC ($5.49 ) as a fee !! (https://live.blockcypher.com/btc/tx/cdf1dc891dfc0bd827b3b4f442ab5095e5073486bce9711fde859da7fccf7ecb) Oh my God! I think it's too many fees for a transation. How to overcome this high fee? Do you follow any special tips to overcome high Bitcoin fee?
Badly i need to know any good tips about it. Someone help me please.
Best regards
Mkmanik


I see that the transaction fee is very much justified due to the fact that it was confirmed in a space of eight minutes, If you really dont need faster confirmation dont pay such outrageous transaction fees. I believe a fee of $1.30 can be confirmed within an 45 minutes.

 
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August 13, 2017, 09:58:53 PM
 #71

Its more crazy now than when juhan wu was injecting a ton of fake transactions to get the fee up. I thought segwit was supposed to solve this?

Perhaps it's proof that he was right about the necessity for big blocks?

 
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August 13, 2017, 10:04:04 PM
 #72

Only going to get worse. BTC is in trouble. Thankfully BitcoinCash is here to save us.

https://bitcoinandtheblockchain.blogspot.co.il/2017/08/btc-is-dead-long-live-btc-updated-and.html

Bitcoin - Peer to Peer Electronic CASH
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August 13, 2017, 10:10:45 PM
 #73

I did get one with 0.004 fee once, the main question is the number of inputs and outputs, hence the byte size of the transaction, a regular ~222 byte with one input and output doesn't cost more than ~0.00015 on average fees, but larger ones multiply the needed fees.
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August 13, 2017, 10:11:41 PM
 #74

and whyy btc is so slow/// when the sigwit will be activated Huh
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August 13, 2017, 10:35:42 PM
 #75

Beginning question
If i use a platform like bittrex and i buy a currency don i not a wallet for it is.
How can I withdraw my money?
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August 13, 2017, 10:47:07 PM
 #76

am in search of a cost considerate exchange site, any information will be helpful. thanks

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August 13, 2017, 11:20:31 PM
 #77

Just now make a withdraw from Bitgrail and it take 0.00133153 BTC ($5.49 ) as a fee !! (https://live.blockcypher.com/btc/tx/cdf1dc891dfc0bd827b3b4f442ab5095e5073486bce9711fde859da7fccf7ecb) Oh my God! I think it's too many fees for a transation. How to overcome this high fee? Do you follow any special tips to overcome high Bitcoin fee?
Badly i need to know any good tips about it. Someone help me please.
Best regards
Mkmanik



That is ridiculous that kind of exchanges are too abusive. You better start using other alternative exchangers. I would rather wait for a day or two so before i could get my money as long as the fees are still acceptable.
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August 13, 2017, 11:38:30 PM
 #78

and whyy btc is so slow/// when the sigwit will be activated Huh
If we look at the confirmations (because that's what you're obviously referring to), there is not much that one can do other than to wait for new blocks to be found (assuming you pay a proper fee and a miner picks up your transaction).

Regarding SegWit activation, SegWit will activate after 1399 blocks (which translates into roughly 10 days). In case you're wondering, even SegWit won't be doing anything in terms of improving confirmation times.

BSV is not the real Bcash. Bcash is the real Bcash.
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August 13, 2017, 11:40:15 PM
 #79

Just now make a withdraw from Bitgrail and it take 0.00133153 BTC ($5.49 ) as a fee !! (https://live.blockcypher.com/btc/tx/cdf1dc891dfc0bd827b3b4f442ab5095e5073486bce9711fde859da7fccf7ecb) Oh my God! I think it's too many fees for a transation. How to overcome this high fee? Do you follow any special tips to overcome high Bitcoin fee?
Badly i need to know any good tips about it. Someone help me please.
Best regards
Mkmanik

A good tips is don't use This exchanges (Bitgtrail) anymore as they provide some bad service such as what you've found out.
My last transaction (just few minutes ago); sent BTC0.0705 and paid BTC0.00061468 fees around $2.4, pretty expensive I guess but still less than yours which even sent fewer bitcoins. And you have to read this https://bitcointalk.org/index.php?topic=1966566.0, so much problems about this exchanges.
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August 13, 2017, 11:41:23 PM
 #80

it's normal for an exchanger site to use fee 0.001+ btc if you feel it's expensive you have to sell bitcoin to eth then send to your wallet or maybe direct you sell to fiat.

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