Bitcoin Forum
October 21, 2017, 02:14:49 PM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: what should I set my transaction fee to?  (Read 625 times)
nostromo429
Newbie
*
Offline Offline

Activity: 14


View Profile
December 30, 2011, 08:09:53 AM
 #1

I'm seeing little and conflicting information online about what to set the transaction fee to in my wallet.  Old docs said something like 0.01, that seems high at today's price.  Any links I can read on this?
1508595289
Hero Member
*
Offline Offline

Posts: 1508595289

View Profile Personal Message (Offline)

Ignore
1508595289
Reply with quote  #2

1508595289
Report to moderator
1508595289
Hero Member
*
Offline Offline

Posts: 1508595289

View Profile Personal Message (Offline)

Ignore
1508595289
Reply with quote  #2

1508595289
Report to moderator
Creating a Bitcoin client that fully implements the network protocol is extremely difficult. Bitcoin-Qt is the only known safe implementation of a full node. Some other projects attempt to compete, but it is not recommended to use such software for anything serious. (Lightweight clients like Electrum and MultiBit are OK.)
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1508595289
Hero Member
*
Offline Offline

Posts: 1508595289

View Profile Personal Message (Offline)

Ignore
1508595289
Reply with quote  #2

1508595289
Report to moderator
1508595289
Hero Member
*
Offline Offline

Posts: 1508595289

View Profile Personal Message (Offline)

Ignore
1508595289
Reply with quote  #2

1508595289
Report to moderator
1508595289
Hero Member
*
Offline Offline

Posts: 1508595289

View Profile Personal Message (Offline)

Ignore
1508595289
Reply with quote  #2

1508595289
Report to moderator
theymos
Administrator
Legendary
*
Offline Offline

Activity: 2814


View Profile
December 30, 2011, 10:53:03 AM
 #2

In the GUI you can safely set it to 0. Bitcoin will still ask you to pay a fee when one is recommended.

1NXYoJ5xU91Jp83XfVMHwwTUyZFK64BoAD
zerostate976
Newbie
*
Offline Offline

Activity: 6


View Profile
December 30, 2011, 11:08:33 PM
 #3

0
nostromo429
Newbie
*
Offline Offline

Activity: 14


View Profile
December 31, 2011, 01:43:56 AM
 #4

Thanks! Maybe they should update the suggestion in the GUI for noobs.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!