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Author Topic: Tf is with the fee (7 day one is the same)  (Read 46 times)
MuchealVertar
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January 04, 2018, 03:46:05 PM
 #1

https://cdn.discordapp.com/attachments/216471336388788226/398501269553283082/unknown.png

The hell is with the fee, last time I paid less than 3 bucks, now you are asking me to pay this much!?
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AdolfinWolf
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January 04, 2018, 03:52:47 PM
Last edit: January 06, 2018, 10:19:58 AM by AdolfinWolf
 #2



The hell is with the fee, last time I paid less than 3 bucks, now you are asking me to pay this much!?

Not sure when the "last time" was when you made a transaction, but the mempool has increased, which could be the reason for an increase in fees, or your output is different then last time ( more bytes, more small outputs)

Have you broadcasted yet? Could you give a tx ID?

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January 04, 2018, 10:11:31 PM
 #3

That fee display has nothing to do with transaction size... it is just showing the fee rate... which is "only" showing as 128 sats/byte (hence the 3 day wait)...

If he thinks 128 sats/byte is bad, OP is in for a shock we he sees the current "recommended" fees of 450+ sats/byte here: https://bitcoinfees.earn.com/ and here: https://btc.com/stats/unconfirmed-tx Roll Eyes

Welcome to Bitcoin 2018...

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January 05, 2018, 01:59:02 AM
 #4

https://cdn.discordapp.com/attachments/216471336388788226/398501269553283082/unknown.png

The hell is with the fee, last time I paid less than 3 bucks, now you are asking me to pay this much!?

Not sure when the "last time" was when you made a transaction, but the mempool has increased, which could be the reason for an increase in fees, or your output is different then last time ( more bytes, more small outputs)

Have you broadcastes yet? Could you give a tx ID?

The last time I made a transaction was on the 3'rd of December, and I have no clue how you broadcast, kinda new.

This was my last transaction:

Status: 5366 confirmations
Date: 3/12/2017 10:22
To: 1BHUbcsYPasyfKs7p5y7rSs1ATCBBUk5EQ
Debit: -0.00070600 BTC
Transaction fee: -0.00016032 BTC
Net amount: -0.00086632 BTC
Transaction ID: d80501e1a652ce6bd9e22a6b78b108ea16118b6c6a7108a0ad6636415ac3af23
Transaction total size: 226 bytes
Output index: 1
AdolfinWolf
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January 06, 2018, 10:23:02 AM
Last edit: January 06, 2018, 10:35:24 AM by AdolfinWolf
 #5



The hell is with the fee, last time I paid less than 3 bucks, now you are asking me to pay this much!?

Not sure when the "last time" was when you made a transaction, but the mempool has increased, which could be the reason for an increase in fees, or your output is different then last time ( more bytes, more small outputs)

Have you broadcastes yet? Could you give a tx ID?

The last time I made a transaction was on the 3'rd of December, and I have no clue how you broadcast, kinda new.

This was my last transaction:

Status: 5366 confirmations
Date: 3/12/2017 10:22
To: 1BHUbcsYPasyfKs7p5y7rSs1ATCBBUk5EQ
Debit: -0.00070600 BTC
Transaction fee: -0.00016032 BTC
Net amount: -0.00086632 BTC
Transaction ID: d80501e1a652ce6bd9e22a6b78b108ea16118b6c6a7108a0ad6636415ac3af23
Transaction total size: 226 bytes
Output index: 1


By broadcasting i simply mean if you have sent out the new transaction yet, so i could see if your transaction had either alot of dust, or if it was simply an error of your wallet ( by not calculating the right fees).


https://blockchain.info/tx/d80501e1a652ce6bd9e22a6b78b108ea16118b6c6a7108a0ad6636415ac3af23

This transaction indeed has quite a low fee compared to today's standards, ( only 70 sat/b while the norm today is around ~550sat/b for a transaction that you want to confirm fast.)

So you shouldn't be too worried if your wallet is suggesting you to atleast pay x2/x3 that amount today, since that is currently the median ( ~220sat/b)

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January 07, 2018, 03:30:41 AM
 #6

I have 14.66 usd in bitcoin and I wanna buy something that coasts about 10 usd in bitcoin, but the transaction fee is over 20 usd in bitcoin...

Should I just change currencies? or wait until the fees go down? OR should re-install bitcoin core too see if anything changes.
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