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The transaction fee is just ridiculous.
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Topic: The transaction fee is just ridiculous. (Read 17400 times)
botany
Legendary
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Activity: 1582
Merit: 1064
⇾
Re: The transaction fee is just ridiculous.
December 12, 2014, 02:17:34 AM
#241
Quote from: redsn0w on December 11, 2014, 08:14:38 AM
So I think you didn't see this thread : FOR LAUGH , this guy sent 0.0001 with 2 btc FEE !! (
https://bitcointalk.org/index.php?topic=887207.0
) - Check and come back .
This is when you curse the irreversible nature of Bitcoin transactions.
mlferro
Sr. Member
Offline
Activity: 252
Merit: 250
Re: The transaction fee is just ridiculous.
December 12, 2014, 04:12:06 AM
#242
Quote from: TheButterZone on September 30, 2014, 12:19:11 AM
I pay zero fee TXs all the time and they get confirms.
The Constitution only applies to the government.
Nobody is armed forcing you to pay TX fees.
I have a curiosity about tx 0
How long usually takes confirmations?
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redsn0w
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Offline
Activity: 1778
Merit: 1042
#Free market
Re: The transaction fee is just ridiculous.
December 12, 2014, 08:37:22 AM
#243
Quote from: botany on December 12, 2014, 02:17:34 AM
Quote from: redsn0w on December 11, 2014, 08:14:38 AM
So I think you didn't see this thread : FOR LAUGH , this guy sent 0.0001 with 2 btc FEE !! (
https://bitcointalk.org/index.php?topic=887207.0
) - Check and come back .
This is when you curse the irreversible nature of Bitcoin transactions.
Haha yeah you're right , in this case bitcoin is not very good
but in other cases it is a really great currency.
malaimult
Hero Member
Offline
Activity: 658
Merit: 500
Re: The transaction fee is just ridiculous.
December 13, 2014, 03:04:43 AM
#244
Quote from: mlferro on December 12, 2014, 04:12:06 AM
Quote from: TheButterZone on September 30, 2014, 12:19:11 AM
I pay zero fee TXs all the time and they get confirms.
The Constitution only applies to the government.
Nobody is armed forcing you to pay TX fees.
I have a curiosity about tx 0
How long usually takes confirmations?
If you are referring to how long it usually takes to get a 0 tx fee transaction confirmed then it really depends on how long it has been since the inputs have last been spent. If enough bitcoin days are being destroyed (if you are spending enough bitcoin that has been long enough since the inputs were last transferred) then it should confirm within one or two blocks. If there are a large number of unconfirmed transactions and/or there happens to be a longer then normal time between blocks when you push your transaction then it make take somewhat longer
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Notanon
Sr. Member
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Activity: 388
Merit: 250
Re: The transaction fee is just ridiculous.
December 13, 2014, 03:54:13 AM
#245
The word cheapskate comes to mind when people don't add transaction fees.
Danx-
Member
Offline
Activity: 77
Merit: 10
Re: The transaction fee is just ridiculous.
December 13, 2014, 05:32:52 AM
#246
You aren't forced but you would have to wait allot if you don't pay it, I do agree the fee is extremely high for a currency that was promoted by the fact it allows micro-payments.
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picolo
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Merit: 500
Re: The transaction fee is just ridiculous.
December 13, 2014, 07:20:53 AM
#247
Quote from: Danx- on December 13, 2014, 05:32:52 AM
You aren't forced but you would have to wait allot if you don't pay it, I do agree the fee is extremely high for a currency that was promoted by the fact it allows micro-payments.
3.5cents of Dollar to send thousands or tens of thousands of Dollars is extremely high? Relative to what other option??
Quote from: redsn0w on December 11, 2014, 08:14:38 AM
So I think you didn't see this thread : FOR LAUGH , this guy sent 0.0001 with 2 btc FEE !! (
https://bitcointalk.org/index.php?topic=887207.0
) - Check and come back .
He wanted to send 2BTC with a 0.0001 fee.
Q7
Sr. Member
Offline
Activity: 448
Merit: 250
Re: The transaction fee is just ridiculous.
December 13, 2014, 04:42:39 PM
#248
Don't forget when all the 21 million coins have been mined we need to rely on the transaction fee to keep the network going. So don't be so stingy when it comes to paying fee. Just accept the reality. After all... Just few cents is considered small amount for a normal standard transaction taking place currently
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