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Author Topic: When did fees become mandatory?  (Read 2518 times)
os2sam
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November 07, 2013, 04:33:24 PM
 #21

Whats the maximum transaction fee to be incurred for any amount ?

Whatever you choose to pay.

A: Because it messes up the order in which people normally read text.
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os2sam
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November 07, 2013, 04:36:23 PM
 #22

The whole concept of free market...snip... A minimum dictated fee of any amount is wrong.

What's your definition of a "free" market?

There is no dictated fee, by the way, just recommendations.

A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
Eternity
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November 08, 2013, 09:17:01 AM
 #23

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I don't think there is a maximum - I think you can specify as much as you want...?

How do you choose the transaction fees ? In the bitcoin client even if you choose no transaction fees even then you are charged

Dont mind giving few but wanted to learn whats the min and max
os2sam
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November 08, 2013, 11:50:13 AM
 #24

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I don't think there is a maximum - I think you can specify as much as you want...?

How do you choose the transaction fees ? In the bitcoin client even if you choose no transaction fees even then you are charged

Dont mind giving few but wanted to learn whats the min and max

In my experience if you set your fee to 0 and then try to transfer a small amount of BTC or an amount containing allot of transactions it will suggest a fee but you can choose no to pay it.

A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
DannyHamilton
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November 08, 2013, 01:54:19 PM
 #25

In my experience if you set your fee to 0 and then try to transfer a small amount of BTC or an amount containing allot of transactions it will suggest a fee but you can choose no to pay it.

This is not true in the user interface of the reference client (Bitcoin-Qt).  What wallet are you talking about?
os2sam
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November 08, 2013, 02:19:37 PM
Last edit: November 08, 2013, 02:29:43 PM by os2sam
 #26

In my experience if you set your fee to 0 and then try to transfer a small amount of BTC or an amount containing allot of transactions it will suggest a fee but you can choose no to pay it.

This is not true in the user interface of the reference client (Bitcoin-Qt).  What wallet are you talking about?

The standard BTC client.  An older version of course since it was a while back that I transferred a small amount.

Edit: I stand corrected.  The options are Yes or Cancel in the 0.8.3 client.

I could have sworn it presented an option to send without the fee in older clients, but maybe not?

A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
2sog
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November 08, 2013, 02:52:40 PM
 #27

Should we really be dissing the transaction fee as in the future when block rewards are even less these will be what keeps miners mining and in turn the network running smoothly.
manuel (OP)
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November 26, 2013, 07:46:07 PM
 #28

Well low and behold this already ~0.25 USD at today's prices.  Sure that's still meaningless for sizable transactions but not for transactions of $10 or less.  Just sayin'
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November 26, 2013, 07:47:12 PM
 #29

Should we really be dissing the transaction fee as in the future when block rewards are even less these will be what keeps miners mining and in turn the network running smoothly.

"Dissing" or discussing.  There are other technologies and solutions out there that are going to compete with Bitcoin.  This transaction fee has already become a meaningful amount for small transactions.
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