Are you using low fees? - page 17. | Bitcointalksearch.org

Amph

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Quote from: mindrust on June 05, 2017, 12:35:08 AM

Quote from: klarki on June 04, 2017, 03:38:23 PM

Quote from: mindrust on June 03, 2017, 01:39:13 PM

I always use 30 satoshi per byte and i'm letting Jihan BU to pay the rest on my behalf. Viabtc's free service does the job very well. Cool

Paying >200satoshi/byte started to hurt me very badly. I have to move my coins from one address to another from time to time because those small incomes which i collect from here and there create many inputs in time and i don't want to look at a 100$ fee in some day.

The service is working. But quite a long queue.

I guess some of you guys still don't know how to abuse viabtc. Well i'll tell you:

Viabtc has 100 free slots for every hour. All you gotta do is wait for hh:00:00 and submit your txid right away. So you'll be accepted in the next block. No captcha solving, no waiting. Here you go.

not that simple, i guess someone is runnign a both there that solve captcha(there are captcha to solve) and can insert transaction faster than you

or those chinese at 2captcha are solving captcha for soemone that want his TX confirmed faster at low cost

they should really add another transaction accelerator, or increase the limit, if they have a deals with the miners, would be good for both party

mindrust

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Quote from: klarki on June 04, 2017, 03:38:23 PM

Quote from: mindrust on June 03, 2017, 01:39:13 PM

I always use 30 satoshi per byte and i'm letting Jihan BU to pay the rest on my behalf. Viabtc's free service does the job very well. Cool

Paying >200satoshi/byte started to hurt me very badly. I have to move my coins from one address to another from time to time because those small incomes which i collect from here and there create many inputs in time and i don't want to look at a 100$ fee in some day.

The service is working. But quite a long queue.

I guess some of you guys still don't know how to abuse viabtc. Well i'll tell you:

Viabtc has 100 free slots for every hour. All you gotta do is wait for hh:00:00 and submit your txid right away. So you'll be accepted in the next block. No captcha solving, no waiting. Here you go.

cotton ball

sr. member

Activity: 1288

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Daily traders rarely check the mempool condition, they only do transactions in the market and see nothing but trading graphics profits and losses, are very good conditions to monitor but we cannot control it because it has the nature of mass transactions. I dealt with it casually, I mean dividing the transaction into 2 priorities: regular cost with small amounts, and special costs with huge amount (2x)

mantra

full member

Activity: 162

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With the higher bitcoin price, the dollar we pay for the transaction fee will increase as well, even though the actual amount of bitcoin we pay for the transaction fee is fixed from the first. To be honest, this is a problem when the amount of dollars we spend on transaction fees suddenly rises as the price of bitcoin increases. I hope there will be a solution for some online wallet and exchange wallet want to lower transaction fee

mornabo

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Quote from: pooya87 on June 03, 2017, 10:47:00 PM

you need to do some analyzing on the mempool sometimes. i have had some 100 satoshi/byte fee transactions in the past few days which have been confirmed in less than 5 minutes!
as i have said multiple times, the big number you see in the mempool (60K, 90K) are mostly spam attack not real transactions which means most of them have pretty low fees.

Wow 5 minutes it is a very fast time for the confirmation time in the moment? Even I myself use a fee 30k satoshi. Sometimes it takes hours to get one confirmation lol

megynacuna

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My web wallet is charging me about 1.8$ per transaction but it confirms within an hour though, some times less than an hour and this is huge if you're sending smaller payments so I will advice people to use Bitcoin torvhigher transactionscat least until a solution is applied to the current issues.

swogerino

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I don't think that using low fees is possible at this time. If you have a look at the technical support discussion board you will see that board over populated with "transaction stuck" or "transaction pending" and all these threads have something in common, low fees. Different wallets have taken their precautionary measures for this, for example electrum in latest versions has added a Fee slider where you can set it to the far right and have your transaction confirmed within the next block or 2.

btcney

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Quote from: hatshepsut93 on June 03, 2017, 01:22:03 PM

Sometimes when I withdraw BTC to my wallet, I set really low fees like 50-70 satoshi per byte and wait for weeks, because I'm not going to spend those coins in the near future anyway. I think it's a good way to save a bit of money, because if you look back, you might realize that your fees have added up to a big amount in USD value, while it wasn't always necessary to get those coins confirmed asap.
So, do you use low fees, or always want to get confirmation in a next few blocks?

It's not safe to use low fees anymore. I used to be able to send transactions with 0 fees assuming that my btc amount is big and get it confirmed within the week but now it's not even a matter of time anymore - if you out low fees in your transaction it might not confirm at all as the backlog of unconfirmed transactions builds up.

It's might be a good idea to do it if you're trying to restrain yourself from doing a certain activity but saving a few thousand satoshi per transaction doesn't make sense to me.

Jayshree85

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Previously i was using 80 sat for my all transaction and still i am paying that only and get help from viabtc to clear my transaction. It takes time but i am not in hurry for any Bitcoins or fiat currency to be in wallet.

klarki

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Quote from: mindrust on June 03, 2017, 01:39:13 PM

I always use 30 satoshi per byte and i'm letting Jihan BU to pay the rest on my behalf. Viabtc's free service does the job very well. Cool

Paying >200satoshi/byte started to hurt me very badly. I have to move my coins from one address to another from time to time because those small incomes which i collect from here and there create many inputs in time and i don't want to look at a 100$ fee in some day.

The service is working. But quite a long queue.

davinchi

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Quote from: shamzblueworld on June 04, 2017, 01:40:10 AM

Yes, I always have used low fees so far. But that is because of Multibit wallet, who sets the fees automatically and as I have set the fee slider towards the lower side of it. But now I think I would get Electrum and use manual fee per transaction, so I can set low fees for transactions when the time won't matter much, and relatively higher fees for when its an urgent transfer.

There is a problem with me too, I use rushwallet and the problem is that when I send some bitcoins the output comes to my own addy too of course and that makes the transaction size mammoth and hence requiring big fees. But that been said I never faced much issues because in case I mistakenly spent low fees then I can get them confirmed through viabtc transaction accelerator.

YTBitcoin

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At the times when I need urgent transactions then I use the required fees to get my transaction more faster but at the times when I do not need any faster transaction and I can wait then I use a medium transaction fees.

pixie85

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Quote from: mindrust on June 03, 2017, 01:39:13 PM

I always use 30 satoshi per byte and i'm letting Jihan BU to pay the rest on my behalf. Viabtc's free service does the job very well. Cool

Paying >200satoshi/byte started to hurt me very badly. I have to move my coins from one address to another from time to time because those small incomes which i collect from here and there create many inputs in time and i don't want to look at a 100$ fee in some day.

I prefer to pay more than wait and spam their captcha every hour until I can finally push through all the other captcha solvers.
If doing it is worth paying $1 more to you, be my guest. To me it's almost nothing, so I don't mind spending 50c or 1$ more here and there. My time is worth more.

equator

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Quote from: mindrust on June 04, 2017, 01:39:31 PM

Quote from: Qartada on June 03, 2017, 04:04:16 PM

Quote from: mindrust on June 03, 2017, 01:39:13 PM

I always use 30 satoshi per byte and i'm letting Jihan BU to pay the rest on my behalf. Viabtc's free service does the job very well. Cool

Hilarious stuff. Jihan Wu doesn't lead ViaBTC. For all we know he could be mining there, but I've seen no evidence of this. I hope you feel good abusing a free service for your own greed.

Everytime I visit Viabtc they fill my screen with their bullshit BU propaganda text. They are in the same bed with Jihan so yes, i really feel good while doing my stuff.

If they weren't being greedy and activated segwit already, I wouldn't be needing to do so. If they steal from us by not activating segwit, then there is no choice for us but to balance the scale. Cool

https://twitter.com/JihanWu/status/868896110760181760

I totally agree with you that this is the fault of the miners who are stoping segwit to get implemented so that they can earn high transaction fees , but it is not good so who are smart are using the same old transaction fees and then they go to viabtc and submit their transaction to acceleration and get confirmed. It is really great that viabtc is doing a great job in helping the bitcoin users with their free service

mindrust

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Quote from: Qartada on June 03, 2017, 04:04:16 PM

Quote from: mindrust on June 03, 2017, 01:39:13 PM

I always use 30 satoshi per byte and i'm letting Jihan BU to pay the rest on my behalf. Viabtc's free service does the job very well. Cool

Hilarious stuff. Jihan Wu doesn't lead ViaBTC. For all we know he could be mining there, but I've seen no evidence of this. I hope you feel good abusing a free service for your own greed.

Everytime I visit Viabtc they fill my screen with their bullshit BU propaganda text. They are in the same bed with Jihan so yes, i really feel good while doing my stuff.

If they weren't being greedy and activated segwit already, I wouldn't be needing to do so. If they steal from us by not activating segwit, then there is no choice for us but to balance the scale. Cool

https://twitter.com/JihanWu/status/868896110760181760

cryptomium

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Activity: 184

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I dare not to use low fee because I am afraid that my transactions will get stuck for several days. I am quite a worry person since I am worried about things no matter how small it is. So to save my self from worrying I always follow the standard transaction fee.

BitcoinPanther

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Activity: 1918

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I have set my electrum wallet to dynamic fee so that I do not have to worry about the transaction fee and get stuck in the blockchain unconfirmed. So basically this answers that I do not use low fees. I always wanted to use standard payment so that the transaction won't get stuck in the blockchain for hours or days.

PeRo

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I can't even get trough with normal fees, I would use low fees but my transaction would be confirmed a week later and I do not want to wait that long. I send normal fees always because I do not want to pay half of the transactions worth with high fees. You should not use low until everything with the fees is settled.

Blitzboy

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NO. I do not use high fee although the fee is ridiculous. I have to make a high fee because I do not my transaction get pending for more than 1 week. And because of the high fee, I only hold my bitcoin in my wallet and try not to use it as much as I can so that I can reduce the fee that I have to pay to the miners

fathur.aza

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Activity: 238

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I think Because there is a big problem with low transaction costs, and I keep paying attention to every transaction fee I pay and I have to use a wallet where I have to control the proper one already suggested.

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