I try to avoid transacting if possible. Sometimes using bitcoins is just not feasible.
If there is no time constraint in confirmation, I use low fees hoping that it will confirm, even if takes a day.
Only otherwise do I use the recommended fees.
Topic: Are you using low fees? - page 13. (Read 13454 times)
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
I never use low fees, don't trust them.
I use Electrum wallet and always pay the highest fee possible.
I've had problems before trying lower fees and its not worth the hassle.
Normally I'm moving 10 BTC + so I don't mind paying $5 + for a transaction
It seems that the fee of BTC transactions which really depends on the size of a transaction give benefits to those who sending bitcoin with large amounts of money. Because, as long as the size is small, you'll seem only required to pay a little amount of money. But the bad thing is, just like what I've experienced in recent days. Sending 0.00286 BTC and take about 0.001 as a fee. Really a bad thing for micro transactions.I use Electrum wallet and always pay the highest fee possible.
I've had problems before trying lower fees and its not worth the hassle.
Normally I'm moving 10 BTC + so I don't mind paying $5 + for a transaction
If you are using multiple bitcoin address and your funds was receive on different bitcoin address in your wallet i think if you send it to other the transaction size is high.. so for me right now better to use one address only so that you can not pay for high fee and use dynamic if you are using electrum it can gives you fee estimation so you are far to pay for the fee for slow transaction..
The address that the funds were received in your wallet affects the fees?! I'm confused
I used to use lower fees like below 100 satoshi/byte, but I stopped doing this. In lots of transaction, I faced problems.
yes i made a transaction and made a fee of 70 satoshi per byte few days ago and it confirmed after 5 hours. i usually pay 250 satoshi per byte fee because before, the recommended fee is 220-250 satoshi per byte but now its 480 i'd rather wait for hours than to pay a huge fee.
I never use low fees, don't trust them.
I use Electrum wallet and always pay the highest fee possible.
I've had problems before trying lower fees and its not worth the hassle.
Normally I'm moving 10 BTC + so I don't mind paying $5 + for a transaction
It seems that the fee of BTC transactions which really depends on the size of a transaction give benefits to those who sending bitcoin with large amounts of money. Because, as long as the size is small, you'll seem only required to pay a little amount of money. But the bad thing is, just like what I've experienced in recent days. Sending 0.00286 BTC and take about 0.001 as a fee. Really a bad thing for micro transactions.I use Electrum wallet and always pay the highest fee possible.
I've had problems before trying lower fees and its not worth the hassle.
Normally I'm moving 10 BTC + so I don't mind paying $5 + for a transaction
If you are using multiple bitcoin address and your funds was receive on different bitcoin address in your wallet i think if you send it to other the transaction size is high.. so for me right now better to use one address only so that you can not pay for high fee and use dynamic if you are using electrum it can gives you fee estimation so you are far to pay for the fee for slow transaction..
The address that the funds were received in your wallet affects the fees?! I'm confused
I never use low fees, don't trust them.
I use Electrum wallet and always pay the highest fee possible.
I've had problems before trying lower fees and its not worth the hassle.
Normally I'm moving 10 BTC + so I don't mind paying $5 + for a transaction
It seems that the fee of BTC transactions which really depends on the size of a transaction give benefits to those who sending bitcoin with large amounts of money. Because, as long as the size is small, you'll seem only required to pay a little amount of money. But the bad thing is, just like what I've experienced in recent days. Sending 0.00286 BTC and take about 0.001 as a fee. Really a bad thing for micro transactions.I use Electrum wallet and always pay the highest fee possible.
I've had problems before trying lower fees and its not worth the hassle.
Normally I'm moving 10 BTC + so I don't mind paying $5 + for a transaction
If you are using multiple bitcoin address and your funds was receive on different bitcoin address in your wallet i think if you send it to other the transaction size is high.. so for me right now better to use one address only so that you can not pay for high fee and use dynamic if you are using electrum it can gives you fee estimation so you are far to pay for the fee for slow transaction..
Yeah, I definitely use the low priority option with a fee of 0.0002996 when sending bitcoin to my main wallet which is not going to be spent soon. On the other hand if I am depositing my bitcoin onto a gambling website or send it to an individual, I always end up choosing the high priority option with an approximate fee of 0.0009877, so that I dont have to worry about the confirmation time.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
I never use low fees, don't trust them.
I use Electrum wallet and always pay the highest fee possible.
I've had problems before trying lower fees and its not worth the hassle.
Normally I'm moving 10 BTC + so I don't mind paying $5 + for a transaction
It seems that the fee of BTC transactions which really depends on the size of a transaction give benefits to those who sending bitcoin with large amounts of money. Because, as long as the size is small, you'll seem only required to pay a little amount of money. But the bad thing is, just like what I've experienced in recent days. Sending 0.00286 BTC and take about 0.001 as a fee. Really a bad thing for micro transactions. I use Electrum wallet and always pay the highest fee possible.
I've had problems before trying lower fees and its not worth the hassle.
Normally I'm moving 10 BTC + so I don't mind paying $5 + for a transaction
Maybe someone can explain. Why is the bytes so high ? The over 1000 when they were otherwise 225. What's going on please help me to understand this.
That happens when you frequently receiving small amounts of satoshi, and one you want to send btc to other address then the size takes so high thats why the recommended fee is high to, sometimes the was much hifher than the funds you want to send
I never use low fees, don't trust them.
I use Electrum wallet and always pay the highest fee possible.
I've had problems before trying lower fees and its not worth the hassle.
Normally I'm moving 10 BTC + so I don't mind paying $5 + for a transaction
I use Electrum wallet and always pay the highest fee possible.
I've had problems before trying lower fees and its not worth the hassle.
Normally I'm moving 10 BTC + so I don't mind paying $5 + for a transaction
It depends on how much bitcoins i am transacting with and if it is in a rush or not,mostly at normal transactions i use small fees only but if im going with big amount of bitcoins and im in a rush i use the standar high fee to make transactions faster
If you want have permission to change fee in wallet, I recomend you should use a Wallet PC,
Ex: Bitcoin Core - strong Wallet, need more space for sync, but very security
Ex: Bitcoin Core - strong Wallet, need more space for sync, but very security
Actually I don't see the need to use the Bitcoin Core wallet anymore, syncing with this takes ages.
Maybe someone can explain. Why is the bytes so high ? The over 1000 when they were otherwise 225. What's going on please help me to understand this.
Three months ago, I only need 50 satoshi/kb for make make transactions and it confirm very fast! But now, I need spend 250 sat/kb if I want my transaction confirm fast and this is a big fee for me because the price Bitcoin now very hight
Yes, you should be careful in selecting the transcation fee as a too low fee will make your confirmation waiting for months and its no use.
I did not set any fee. Because my wallet using depends on how much you send the bitcoin if the the bitcoin high for sure the transaction fee is high also. My one wallet I use coins.ph called.and their minimum fee is 0.001 bitcoin . If you send 1 bitcoin the fee is alsp like that. Unlike to the other wallet it depends on how much you send. Buf if you want to confirm fast your transaction its better if you set high fee.
Not anymore. Since there is a huge problem with low fees transactions I take care about the fee I'm paying for my transactions and I'm using wallet where I can control the fees and where the proper fees are already suggested. This is more secure and less chances that I will end up with unconfirmed transaction.
Yes its better to use high fees or middle fees than to use low fees and wait for a long time. Its good to have your own wallet where you can control the fees because youll not be worried anymore. I prefer to use the recommended fee/s than setting it lower. But the wallet I'm using has no setting up the transaction fee. It get pissed me off if the sender use low fee because it doesn't confirm fast, it takes the waiting time longer and there instances that the transactions are vanish due to unspent as shown in blockchain.
If you want have permission to change fee in wallet, I recomend you should use a Wallet PC, Ex: Bitcoin Core - strong Wallet, need more space for sync, but very security
Electrum - Light Wallet, not need more space for sync, can get Private key
I prefer to use the recommended fee/s than setting it lower. But the wallet I'm using has no setting up the transaction fee. It get pissed me off if the sender use low fee because it doesn't confirm fast, it takes the waiting time longer and there instances that the transactions are vanish due to unspent as shown in blockchain.
NO chance i guess bitcoin is increasing its price in the market so no doubt that the fee will also increase i dont know why it also increasing but i guess it is just normal to take advantage in what is happening in the market so they will definitely do that because they have a reason to do high fees so probably all transaction have high fees.
Because when the price of Bitcoin up more, many people want trade it, and blockchain will have more transaction cannot confirm, if you want your transaction confirm soon, you need spend a small fee for miner (Transaction have hight fee will confirm soon than low fee) 
i use the default fees by blockchain and coinbase. no any issue and long delay.
Also for me, try to not modify the fees, if i put wrong how...
Also for me, try to not modify the fees, if i put wrong how...
Yes I do the same with coinbase and I get my transactions confirmed in just an hour or less sometimes. Coinbase also has internal transfers from other coinbase wallets that are free of charge because they don't go into the blockchain.
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