I like to take my Bitcoin and spread it around, this is just not possible anymore without paying 20% to fees? INSANE
I guess our only respite is segwit and 2MB blocks are coming! 6 months or less! Save us from this shit, FAAAACK
Topic: $0.85 transaction fee is absolutely ridiculous! - page 11. (Read 24225 times)
O this is rough :/ this fee structure is getting ridiculous YES! bah atleast there's vent threads! haha
I like to take my Bitcoin and spread it around, this is just not possible anymore without paying 20% to fees? INSANE
I guess our only respite is segwit and 2MB blocks are coming! 6 months or less! Save us from this shit, FAAAACK
I like to take my Bitcoin and spread it around, this is just not possible anymore without paying 20% to fees? INSANE
I guess our only respite is segwit and 2MB blocks are coming! 6 months or less! Save us from this shit, FAAAACK
For me i sent a $200 trnasaction and had to pay a $20 fee 
It is really ridiculous but there is nothing we can do about it. There are options to choose for the amount of transaction fee but if we choose the lowest amount then our transaction will take too long before it confirmed and there is a big chance that it will stuck. Like what i had in one of the gambling website my deposit is still unconfirmed, its been 24 days already because of that i can't withdraw, or transfer bits to other account.
Micro-payments are currently not suitable with BTC with the huge rise, anything above $20 is possible but below is ridiculous if the fees are 10% or more of the payment.
I always considered off-chain wallets based on BTC a good optio since it will completely ignore the fees, and security won't be a problem particularly if ran by a trustworthy entity like blockchain or the like.
Yes, those ridiculous trends of bitcoin transaction fees, killing micro transaction based businesses like faucets and micro-lending. I always considered off-chain wallets based on BTC a good optio since it will completely ignore the fees, and security won't be a problem particularly if ran by a trustworthy entity like blockchain or the like.
Hopefully we can get rid of this in near future when bigger blocks will be implemented. But some people are arguing it might take more time. I have nothing to do on this, other than paying to God for early solution before people are finding more fed up on these.
Micro-payments are currently not suitable with BTC with the huge rise, anything above $20 is possible but below is ridiculous if the fees are 10% or more of the payment.
I always considered off-chain wallets based on BTC a good optio since it will completely ignore the fees, and security won't be a problem particularly if ran by a trustworthy entity like blockchain or the like.
I always considered off-chain wallets based on BTC a good optio since it will completely ignore the fees, and security won't be a problem particularly if ran by a trustworthy entity like blockchain or the like.
I slowly began to leave BTC for high fees, and I'm looking for a different altcoin alternative
Yes true and I agree, now the transactions with bitcoin is very slow and high fees, a month ago I sent 0,45 btc via coin.space with normal fee and more than 10 days the transactions got 3 confirmations.
Please remember these fees are not obligatory or fixed, I agree the "minimum fees to be confirmed in 2 blocks" is excessive but the reason is the competition between us to get the best possible place in the chain, Fees are miners major profit now so they will take the ones with highest rate of course, I think something more fundamental and positive should be done regarding blocks and fees.
it's extremely high indeed, particularly for micro transactions less than $10 or so 'Which allot of people used to do before the current unconfirmed issue and extreme fees'.. The fees is higher w/size too so collecting 10-15 and send at one time doesn't help at all.
I slowly began to leave BTC for high fees, and I'm looking for a different altcoin alternative
Yes true and I agree, now the transactions with bitcoin is very slow and high fees, a month ago I sent 0,45 btc via coin.space with normal fee and more than 10 days the transactions got 3 confirmations. 
I feel like making a joke in 2021 people will come back to 2017 and regret paying a transaction fee that cost them nearly a hundred bucks.
Well only a few months to go on this flux state.
Well only a few months to go on this flux state.
The true is that the fees had hit bitcoin and while there isnt a solution to the blocksize to handle the big number of transactions that had growed a lot on the last years, compared when it started. I dont trade bitcoin at this stage, im dealing with doge and litecoin wich has a low fee to any transaction you need to do, besides the speed of the confirmations, i do hope soon bitcoin can bring such speed and low fees as well. when the mining end sure fees will replace the current blocks mining but its 2017 and not 2100 yet.
I slowly began to leave BTC for high fees, and I'm looking for a different altcoin alternative
You are not alone in this, all bitcoiners are feeling the hit, but is the leaf really greener the other side? I believe this is some necessary phase Bitcoin is passing through on its way to attain its full potential. I think the we can take solace in the impressive value of Bitcoin in recent times and keep faith until this situation be over. 
Fee for today is very expensive, and many people transfer money in forks, which are both faster and cheaper
That's the only solution, The accelerator has limited seats every hour, and it already filled so quickly. With some doge coins and those already delivered the transaction so fast. Keeping mind if this cases will push the bitcoin. I mean bitcoin is dying. The agreement will have happened in a half of year later.
At that range, the forks will always be valuable to be your own solution for the bitcoin network.
Bitcoin is not dying. If the accelerator can fasten up the transaction, the miners and along with dev can use the accelerator technology directly into bitcoin blockchain to make the whole chain move in a faster way. I know its sounds ridiculous but believe me we are soon coming up with the slow transaction and higher fee issue resolved.
Man, you don't have a clue what an accelerator is and damn what a load of crap you have posted here.
The accelerator has nothing to do with the code or with the blockchain.
Their service does one simple thing. It includes your transactin in the next lock they will (eventually) mine.
That's all.
It's no silver bullet is no magic cure.
I believe the big cost issue will be overcome once they raise the mining block size above 1mB, this little bit of the problem will be beautiful in time
And what do we do once 2 or 4 mb are no longer enough?
I believe the big cost issue will be overcome once they raise the mining block size above 1mB, this little bit of the problem will be beautiful in time
Fee for today is very expensive, and many people transfer money in forks, which are both faster and cheaper
That's the only solution, The accelerator has limited seats every hour, and it already filled so quickly. With some doge coins and those already delivered the transaction so fast. Keeping mind if this cases will push the bitcoin. I mean bitcoin is dying. The agreement will have happened in a half of year later.
At that range, the forks will always be valuable to be your own solution for the bitcoin network.
Bitcoin is not dying. If the accelerator can fasten up the transaction, the miners and along with dev can use the accelerator technology directly into bitcoin blockchain to make the whole chain move in a faster way. I know its sounds ridiculous but believe me we are soon coming up with the slow transaction and higher fee issue resolved.
I slowly began to leave BTC for high fees, and I'm looking for a different altcoin alternative
I heard ethereum/litecoin.
I'm leaving nicehash soon, as fee's are ridiculous.
Fucking rape
"0.5% or 0.005 BTC (whichever is bigger) fee will be applied. Confirmed balance must be minimal withdraw amount 0.001 plus fee"
Little ppl are pushed out.
I slowly began to leave BTC for high fees, and I'm looking for a different altcoin alternative
0.85 is high and that's my opinion too, I think people need a more definitive solution in the form of increasing the size of the block, HOWEVER as far as I understand that might result in a fork or the like, if that's the case I would prefer the current system rather than a broken new one.
There are suggestions to increase the size to 2MB, or even 4MB. I read that at first blocks were 256KB, then increased to 512KB and only then it became 1MB. So if everything is done well, then there will be no plug.
0.85 is high and that's my opinion too, I think people need a more definitive solution in the form of increasing the size of the block, HOWEVER as far as I understand that might result in a fork or the like, if that's the case I would prefer the current system rather than a broken new one.
if you don't do Address reuse
How is address reuse related to fees/tx size?
Welcome to reality and stop shilling some centralized shitcoins.
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