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Author Topic: can someone review a small transaction I did on the blockchain  (Read 28 times)
legend018
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December 22, 2017, 03:22:58 PM
 #1

Can someone review. I'm still fairly new and did a small btc transaction last night. I feel I paid a decent fee. It's normal right?

https://www.blocktrail.com/BTC/tx/f5687130f74d6abfef065c946abe04ebb1d6517831e7b230fcd66dbfd669292e
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Yousint0r
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December 22, 2017, 03:51:42 PM
 #2

you send it with 224 bytes which is bad today and will take about 45 min to 1500 min


check this https://bitcoinfees.earn.com
legend018
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December 22, 2017, 06:01:51 PM
 #3

I sent it last night so it's been even longer. I basically sent $58 and paid $8 in fees.  Still pending. I'll just wait it out I guess.
LoyceV
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December 22, 2017, 06:02:56 PM
 #4

I feel I paid a decent fee. It's normal right?
You even paid a high fee: 8% of the amount you had! Unfortunately, you need a much higher fee to get even close to a confirmation any time soon.
It's ridiculous, but you should have used about 30% of the amount you started with to get it confirmed any time soon! My advice it to wait it out, until fees get lower again, paying more only means miners get richer, while blocks are still full and we're all still waiting for confirmations.

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