It'd be nice to pay zero sats per byte these days for a transaction too
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Little offtopic, but this is really important and I've been working on this all week for my site:
Stop trusting your Bitcoin client to calculate fees for you... it's HORRIBLE wrong. (Lots of third party websites like Earn.com are even worse at estimating fees than the client... avoid them like the plague!)Imagine Bitcoin like a highway... would you drive on 7 am Sunday based on Fridays 5 pm rush hour traffic or would you drive based on the traffic at the moment? The moment of course! But that isn't how the "fee estimator" works at ALL.
People are grossly overpaying for Bitcoin because the wallet estimator is fucked.
Earn.com and other API providers are even more fucked and priced pointlessly high...
Earn.com API right now says to pay 328 satoshis/byte, Bitcoin Core wallet says 0.00091582 for two blocks, and the reality is:
4 sats for the next block in reality!
Each block clears out 1mb ish... so its fucking wild that Bitcoin Core & Earn would say to pay those huge fees it's obvious you could pay 4 satoshi for the next block. Almost overcharging 100x and this causes a "pile-up" in the road.
The client is basically like a blind Uber driver trying to select the right toll lane to go over the Bay Bridge... "Well, I remember it was SUPER busy on Friday, so I better take the $10 toll rather than the 10 cent toll!" When in reality your driver doesn't just use his fucking eyes and look to see which toll lane is best rather than trying to use historic data for a real-time event. (Earn is like a blind driver that also suffers from a little bit of Down Syndrome, lol!
)
Tl;dr stop using Bitcoin Cores fee estimator and third party API websites... they are fucking wrong, horribly designed for users (great for miners), and are basically duping people out of millions of dollars in unneeded fees.