Do you sometimes get irritated by excess bitcoin fees ?

[krishnaverma]

Especially at times when there is so much congestion, the fees increase by large amount. For small transactions, the fees is more than the transacted amount. Does it irritate you sometimes or you are fine with it ?

[Ojima-ojo]

Especially at times when there is so much congestion, the fees increase by large amount. For small transactions, the fees is more than the transacted amount. Does it irritate you sometimes or you are fine with it ?

I don't feel irritated by bitcoin insane fees when the network get feed with alot of spam transaction all in an attack against the bitcoin network, and the reason why I never feel irritated is because I already know that such attacks will come once in a while due to bitcoin network possibility of that ordina spams.


What I do is to take a chill pills relax and give the spammers time to have they days, in no time they will run out ability to keep the bitcoin network congested and by then the transaction fees and network traffic will revert back to normal again.

[Frankolala]

Especially at times when there is so much congestion, the fees increase by large amount. For small transactions, the fees is more than the transacted amount. Does it irritate you sometimes or you are fine with it ?

Yes of course, high transaction fee irritates everyone who is about to use the network at that time of congestion and that is why you see that most regular bitcoin users who are on small transactions will pause using bitcoin and use altcoins whose transaction fees are very cheap, until Bitcoin blockchain becomes free from attack.

What I do is that I don't act as if I have bitcoin at that moment when the blockchain is congested so that I don't get frustrated with high transaction fees. I don't use LN because opening a channel is what I am not use to and I don't want to learn it for some personal reasons.

[_act_]

For frequent transactions and small amount of bitcoin, use lightning network.

You can make use of very low fee or $0 fee if you are using lightning network. There are many newbies friendly noncustodial bitcoin lightning network wallet now.

Lists of open-source bitcoin lightning wallets

Exchanges like Binance, OKX, BitMart, Bitfinix, Bisq, Robosats, Paxful, Kucoin Noones and some other exchanges are having lightning network for deposit and withdraw now.

This will ease your frustration when bitcoin mempool is congested.

[Catenaccio]

For small transactions, the fees is more than the transacted amount.

Only people who are too careless will not do double check and realize that they will receive small leftover after a transaction, with too big transaction fee that is bigger than the value of transaction. Careful people will realize it by double check information when broadcasting a transaction and don't complete the transaction broadcast.

Does it irritate you sometimes or you are fine with it ?

It is irritating and I'd like to calm down, hold on my need for an on chain transaction. Delay it and wait for mempools to become clearer then give me better transaction fee rate to choose.

Check mempools and choose good time to consolidate small inputs or make transactions.

[Upgrade00]

Especially at times when there is so much congestion, the fees increase by large amount.

This is the major reason for transaction fee spike. Without traffic you don't need to pay much to get your transaction on the priority list.

High fees are a pain for anyone experiencing it when you need a transaction to be confirmed in good time, but it helps to prepare for it before a network congestion;
• Consolidate your small inputs when transaction fees are low,
• Use LN for micro transactions,
• Use segwit and avoid multiple inputs as much as is possible.

[lovesmayfamilis]

OP, by asking such a question, you should offer a solution like how to restore your nervous system. I think that all the topics you have created arise from your psychological state at the moment. And if you check the mempool today, then you have nothing to worry about. On the other hand, the person who understands why high commissions arise understands perfectly well and has a strong nervous system to worry in vain since everything is temporary. But if such a question is raised by you, OP, you need sedatives to create topics with a deeper meaning.

[Die_empty]

Especially at times when there is so much congestion, the fees increase by large amount. For small transactions, the fees is more than the transacted amount. Does it irritate you sometimes or you are fine with it ?

Nobody is comfortable paying high transaction fees because many embraced Bitcoin due to low transaction fees. I have learned not to be over-troubled by what I don't have control over. Periodic high transaction fees have come to stay until a solution is devised to stop the attack on the mempool. Instead of being irritated, it will be better to devise means of paying low fees. Consider consolidating your transactions if you have many deposits (UTXOs) when the transaction fees is down.

[Pandorak]

Especially at times when there is so much congestion, the fees increase by large amount. For small transactions, the fees is more than the transacted amount. Does it irritate you sometimes or you are fine with it ?

What question is this? no one likes high transaction fees on the bitcoin blockchain, especially if we want to make bitcoin transactions. Moreover this is a problem for adopters who do not have a lot of bitcoins, solutions already exist for this problem, you can use LN for small transactions, this will not be a problem for those who have a large bitcoin balance. If I had a lot of bitcoin, even 500 sat/vB wouldn't irritate me either.

[Marvell1]

I don't feel irritated by bitcoin insane fees when the network get feed with alot of spam transaction all in an attack against the bitcoin network, and the reason why I never feel irritated is because I already know that such attacks will come once in a while due to bitcoin network possibility of that ordina spams.


What I do is to take a chill pills relax and give the spammers time to have they days, in no time they will run out ability to keep the bitcoin network congested and by then the transaction fees and network traffic will revert back to normal again.

Have you ever thought what would happen if bitcoin became more popular? I mean the majority of people in the world will use bitcoin, and that will also cause the bitcoin network to become congested and transaction fees will remain high forever, not temporarily like now. Not to mention, spammers will not stop and you can also see that after BRC20 passes, we already have Rune, and I believe that in the future there will be something else to replace Rune to continue spamming the network.

I don't believe anyone would feel comfortable wanting to move bitcoin, but high transaction fees have slowed things down. So we'd be fooling ourselves if we said we weren't upset when bitcoin fees skyrocketed.

[AbuBhakar]

Especially at times when there is so much congestion, the fees increase by large amount. For small transactions, the fees is more than the transacted amount. Does it irritate you sometimes or you are fine with it ?

I always dodge micro transactions using Bitcoin because the fee is not economical even if the network is not congested. I usually have altcoins such as stablecoins on a separated wallet that I use for micro payment or daily transaction use.

I have no problem with Bitcoin network congested because I only use Bitcoin for long term investment purposes not for casual transactions but I get the point of being irritated if you really need the Bitcoin but the fee consumed significant amount of the balance.

[taufik123]

Annoyed, of course, and it made me have to pay more on the transactions I made.
And it also depends on how much Bitcoin you want to send, if the amount is quite large or for example 1 BTC with a fee of about $10 it is still good enough and the important thing is that there is no traffic jam that is too severe.

What is annoying is when transactions are very stuck due to the increase in the number of transactions that are usually caused by Ordinal, BRC20 or Rune so that the fees are also expensive, and the transaction time is longer.

I just choose not to make any transactions when network congestion occurs.

[tabas]

Especially at times when there is so much congestion, the fees increase by large amount. For small transactions, the fees is more than the transacted amount. Does it irritate you sometimes or you are fine with it ?

Who doesn't? All of us gets irritated when we're about to do a transaction and the fees are outrageous. The only people that aren't irritated with that are the miners. But except them, all of us are seriously not impressed when we have to pay more than the amount that we're about to transact. Anyway, even if it reaches to that point again which I am not hoping for, I'll not do any transaction and I won't be spending that much fees just to proceed my transaction unless it's really important and needed to be done.

[Doan9269]

Especially at times when there is so much congestion, the fees increase by large amount. For small transactions, the fees is more than the transacted amount. Does it irritate you sometimes or you are fine with it ?

Transaction fee is mostly considered base on the mempool and the number of inputs we are using for making the transaction, but by now, i don't expect to see many claiming that bitcoin transaction fee is still extremely high because what we are having now is very much affordable by all, there are times it get high and other times the transaction fee get low when the mempool is less congested.

[Woodie]

If you are a regular user of Bitcoin that's always sending and receiving BTC I think you would be very much interested in the fee movement, and if it happens that it jumps up this is likely to push you to other alternative crypto coins if you want to save some $$$ or force you to pay more on fees especially if you need this confirmed the soonest or not make the transaction at all as you wait for TX fees to drop which is very irritating in someway !!

But understanding that some things are beyond our control and knowing very well that demand and supply has influence in the fees mechanics.. I think I wouldn't be very much irritated as other options are available to keep the wheels of crypto running 

[kryptqnick]

Especially at times when there is so much congestion, the fees increase by large amount. For small transactions, the fees is more than the transacted amount. Does it irritate you sometimes or you are fine with it ?

Right now, the fees are wonderful, well below $1. In my experience, sometimes the fees truly get high, but sometimes websites that monitor average transaction fees, as well as wallet recommendations can be wrong and make one overpay. So checking the fees on Mempool is a good practice.
When the fees are above $10, it makes me upset, but I know that it is temporary, and I try to wait them out. If I need to sell urgently, I do it despite the fees, but that is pretty rare. Large fees show that Bitcoin is often not suitable as a form of money, at least not for daily usage and on-chain transactions.

[Davidvictorson]

Especially at times when there is so much congestion, the fees increase by large amount. For small transactions, the fees is more than the transacted amount. Does it irritate you sometimes or you are fine with it ?

I do. And I always hope it the network congestions doesn't happen on the day I need to change some bitcoin to fiat. I remember one time it happened and the my transaction was stuck for 78 hours. I had to use the bump feature and paid more on transaction fee because I had no option at that time and needed the money badly. The new strategy for this is to have a close friend send me some altcoin or usdt during this congestion period and pay back when then network is less congested and the fees have reduced. I do the same thing with funding my gambling wallet, I just use USDT.

[Churchillvv]

Since high fees are temporary why kill yourself worrying about it when you can just stay off transactions in the main time while it gets over? And of course people do use other network when it's very urgent because definitely bitcoin is not a cult so we don't have oats holding anyone to use only the bitcoin network.

So if you get irritated with high tx fees, go to bed and sleep over it. 

[Furious 7]

Especially at times when there is so much congestion, the fees increase by large amount. For small transactions, the fees is more than the transacted amount. Does it irritate you sometimes or you are fine with it ?

For some reason maybe for some people it will be inconvenient when the amount of bitcoin fees will obviously be a little annoying especially when we need it for a fast time but until now for me personally I have never felt that way because I rarely make transactions in bitcoin and when the network fee is high enough I prefer to wait a few days until the network fee is in accordance with what I expect because indeed the increase in network fees to date is not too long lasting and at most only a few days so I am more inclined to just wait in the end especially in this case for transactions as well I am just moving to the main wallet.   So, i don't feel bothered by it. But even though it doesn't bother me i still don't expect a significant increase in bitcoin fees because after all, surely everyone wants the same thing with good enough speed but cheap fees because after all, that's probably the hope of most people.

[Antotena]

Especially at times when there is so much congestion, the fees increase by large amount. For small transactions, the fees is more than the transacted amount. Does it irritate you sometimes or you are fine with it ?

To be honest with you, I wish there is alternative to this problems but when you complain, some Bitcoin supporters comes for you like you don't like Bitcoin. I like Bitcoin with all my heart, no digital currency comes close when it comes to everything about it but you see this congestion, it sucks when there too many transactions on the network and you are left with no choice than to wait because the asking fee is even bigger than what you want to send to another wallet.

If you want to bye pass this problems in future, make sure you consolidate your inputs into a single place, it helps you spend low fees when it comes to times like this, consolidation of inputs helps you get small inputs and this help you mini reduces the amount you will spend for every input in your transaction because segwit address fees are actually low but this doesn't mean you wouldn't pay more if there is high congestion, you sometimes need to pay optimum to be able to get your transaction through.