Electrum BTC wallet FEES!!!???

[daybeforetomorrow]

Hi All,

Apologies moderators if this is the wrong place or already answered, please move if necessary.

1. I have BTC in an Electrum wallet on mac pro.
2. I'm going down the route of extracting the BCC, I'm going to use Electron Cash (unless warned otherwise).
3. I have created a new Electrum wallet, so far so good.
4. I decided to do a small amount test send to the new wallet, I sent 0.001 BTC.
5. The transaction is processing but shows a total of -0.005 from my wallet.  This is broken down into the 0.001 I sent, a second address that shows 0.002, so where has that 0.002 gone, fees to trustedcoin?, and where the heck is the other 0.002 that is showing me the total of 0.005, 5x the total I sent!!! I sent equivalent to £12.11 and the total thats gone is £63.64......that can't be right that to send the bitcoin I've been charged 5x its value!!!!

The invisible 0.002 that doesn't show up anywhere in Electrum or in the details of the transaction is pretty worrying, this looks like double spend which I thought was what BTC overcomes?

The new Electrum wallet shows the 0.001 transferred (unconfirmed).

Thanks for any advice and input, highly appreciated.

Cheers.

[chuckblocker]

That's normal with the current network status

https://blockchain.info/charts/mempool-count?timespan=30days

https://bitcoinfees.earn.com/


I paid 40$ last night to send 320$ worth of btc to my card. Would've paid same 40$ to send even 20$ so yeah. Doesn't matter if you send 1$ or 1000$, fee stays almost the same, retarded. BTC network sucks for 2 weeks now.

Last month i was paying 50 cents to 2$ tops to send 350+

[TimtheYoutuber]

ETH fees are reasonable......just saying :p

The fees depend on the network and bytes.

The block sizes are small and many people are trying to send transactions, so the blocks get filled up and have to push it to the next one.