Just what is a FAIR fee to send a Bitcoin transaction?

[bitbaby]

I think 20k Sats/Kb is fair although I have set my client to calculate and spend 50K Sats/Kb dynamically and my Transactions go through just fine. But to answer the poll, I think 10-20 cents fee normal transactions should be fine, slightly higher for larger ones.

[1714937603]

1714937603

[1714937603]

1714937603

[1714937603]

1714937603

[vdramaline]

I think it would be easier and better for micro-transactions if the fee is less than 1 cent or 1 cent but the most fees that I think reasonable is 5 cents "which is close to the current fees".

[exstasie]

It's funny but no one in this thread seems to think that fees should be tied to the costs to validate and relay a tx such that it is recorded in the blockchain. It seems like everyone thinks they should be able to pay some fee and get tx confirmed with no regard for costs.

That's not gonna work so well when block reward dwindles down. Fees need to make a tx worthy to mine.

[honeyhtet]

No more than 5 cents is the fee that I consider fair for the user, Not sure about the ones conducting micro-transactions or the miners though.

[exstasie]

"Hey network, you guys better relay this transaction for me -- and I ain't payin a lick more than 5 cents. Ever. You hear me?!?!"

[winspiral]

A fair fee is a fee where you get a transaction within the time you need to get the transaction...
if i pay 1 satoshi fee and the transaction lasts 1 week...it is a fair transaction...

if I pay $1 fee for a transaction and it lasts 1 hour it is not fair...

[richmcrich]

I think a fair fee would be between 1-2 cents "maybe around 0.00005 BTC"... The block reward is given in additional to fees so I think that fee is sufficient.