Bitcoin Forum
May 11, 2024, 05:56:15 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: New 'Bitcoin Fees' App to easily see how current fee settings are performing!  (Read 296 times)
braid_guy (OP)
Newbie
*
Offline Offline

Activity: 10
Merit: 0


View Profile
October 23, 2017, 03:53:51 AM
 #1

We would love you to check out our new, free 'Bitcoin Fees' App available on both iOS and Android.

You will be able to use the 'Bitcoin Fees' App as a quick and easy to access source of information, to help you decide on an appropriate fee to use, and save yourself some satoshis in the process!

Please check it out here www.bitcoinfeesapp.com and let us know what you think.

Thanks
1715406975
Hero Member
*
Offline Offline

Posts: 1715406975

View Profile Personal Message (Offline)

Ignore
1715406975
Reply with quote  #2

1715406975
Report to moderator
1715406975
Hero Member
*
Offline Offline

Posts: 1715406975

View Profile Personal Message (Offline)

Ignore
1715406975
Reply with quote  #2

1715406975
Report to moderator
The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
pinkflower
Sr. Member
****
Offline Offline

Activity: 868
Merit: 259



View Profile
October 23, 2017, 06:42:16 AM
 #2

The app looks good. But how would you rate it with blockchain.info's fee recommendations? Although I know from experience that it will be better than Electrum's recommended fees. It always favors the users to pay higher fees, making it inefficient at times.

Thanks for making the app. Good luck.
buwaytress
Legendary
*
Offline Offline

Activity: 2800
Merit: 3446


Join the world-leading crypto sportsbook NOW!


View Profile
October 23, 2017, 12:31:02 PM
 #3

The app looks good. But how would you rate it with blockchain.info's fee recommendations? Although I know from experience that it will be better than Electrum's recommended fees. It always favors the users to pay higher fees, making it inefficient at times.

Thanks for making the app. Good luck.

Agreed. In fact, most services that start to implement a sort of dynamic fee system based on the network has yet to be able to keep up with network spikes. And at the same time doesn't update quickly enough when the bloat has gone. So you end up paying too little still when mempool fills up and then too much when mempool frees up. If there were a way for these websites or services to take this app's feed, or an API perhaps?

My gripe with Localbitcoins, for example, is not so much withdrawals since they pay a decently dynamic fee but with deposits as they charge a fee on deposits and is very often too high for days after mempool clears. Collectively have lost close to a hundred dollars on deposit fees!

██
██
██
██
██
██
██
██
██
██
██
██
██
... LIVECASINO.io    Play Live Games with up to 20% cashback!...██
██
██
██
██
██
██
██
██
██
██
██
██
braid_guy (OP)
Newbie
*
Offline Offline

Activity: 10
Merit: 0


View Profile
October 24, 2017, 11:08:31 PM
 #4

The app looks good. But how would you rate it with blockchain.info's fee recommendations? Although I know from experience that it will be better than Electrum's recommended fees. It always favors the users to pay higher fees, making it inefficient at times.

Thanks for making the app. Good luck.

Thanks for taking a look! Yeah most wallets recommended fees are WAY over-estimated. The Blockchain wallets fee algorithm is actually not too bad by the looks of it, although they don't give you much info to work with.
The aim of our App is not so much to make a "recommendation" to you, but to easily and quickly provide a tool to make an informed decision yourself.
braid_guy (OP)
Newbie
*
Offline Offline

Activity: 10
Merit: 0


View Profile
October 24, 2017, 11:34:35 PM
 #5

The app looks good. But how would you rate it with blockchain.info's fee recommendations? Although I know from experience that it will be better than Electrum's recommended fees. It always favors the users to pay higher fees, making it inefficient at times.

Thanks for making the app. Good luck.

Agreed. In fact, most services that start to implement a sort of dynamic fee system based on the network has yet to be able to keep up with network spikes. And at the same time doesn't update quickly enough when the bloat has gone. So you end up paying too little still when mempool fills up and then too much when mempool frees up. If there were a way for these websites or services to take this app's feed, or an API perhaps?

My gripe with Localbitcoins, for example, is not so much withdrawals since they pay a decently dynamic fee but with deposits as they charge a fee on deposits and is very often too high for days after mempool clears. Collectively have lost close to a hundred dollars on deposit fees!

It seems that the wallet providers don't see the mining fees as their problem most of the time. They provide the wallet service, and the mining fees are outside of their scope of practice.
ichtyar
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
October 26, 2017, 11:21:27 AM
 #6

How to check site-based Bitcoin scam. ... that is a scam, one of the most easy way is to see the form .... The latest articles ...
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!