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Author Topic: Question about bitcoin-qt fees  (Read 637 times)
knight22 (OP)
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November 14, 2013, 03:29:28 AM
 #1

I just installed bitcoin-qt to make a try and sent a transaction. I then noticed that the transaction fees was set to 0 by default. How long it could take before this transaction get a confirmation?

Amitabh S
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November 14, 2013, 06:25:51 AM
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If there are no outputs less than 0.01, then it should not be too long.

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Eternity
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November 14, 2013, 01:07:57 PM
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Varies from transaction to transaction.

Some have very few that makes credits instant some takes longer
DannyHamilton
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November 15, 2013, 04:24:54 PM
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Could be minutes.  Could be days. Difficult to predict, the following information would help:

How many kilobytes is the transaction?

What is the bitcoin value of the smallest output?

How many confirmations does the largest input have and what is it's bitcoin value?
cdtc
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November 16, 2013, 06:18:09 PM
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I just installed bitcoin-qt to make a try and sent a transaction. I then noticed that the transaction fees was set to 0 by default. How long it could take before this transaction get a confirmation?
I varies it could in seconds or it could be in hours.

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Omikifuse
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November 17, 2013, 02:39:18 PM
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I just installed bitcoin-qt to make a try and sent a transaction. I then noticed that the transaction fees was set to 0 by default. How long it could take before this transaction get a confirmation?

bitcoin-qt will automatically tell you if you need to pay fee, usually if the size is large you will need to pay some....
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