https://blockchain.info/pt/tx/836cda67a5ba1a473334efa620155e034b05c29055dc45e80c1e42db82bd5ebf
Topic: Bitcoin Fees - $59! Holy shit! - page 3. (Read 3296 times)
I already paid 0.22btc in a transaction! The transaction contained several outputs of small values!
https://blockchain.info/pt/tx/836cda67a5ba1a473334efa620155e034b05c29055dc45e80c1e42db82bd5ebf
https://blockchain.info/pt/tx/836cda67a5ba1a473334efa620155e034b05c29055dc45e80c1e42db82bd5ebf
Fee's are a problem but hopefully the Lightning network will improve matters since most smaller transactions will go peer to peer off-chain without fees.
This is a lie or he is trolling.
It costs much less than $59
It costs much less than $59
Markets are great if you are looking to buy into crypto without paying the fee. On Gdax its free to trade in and out and thats typically how I buy my crypto with USD 
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Heyyo
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Heyyo
Just watched a vid on Youtube posted yesterday by Rover Ver. He said that it cost him $59 to send Bitcoin. Jesus Christ, that's bloody ridiculous!
Screenshots from Ver or it didn't happen.
Roger is a supporter of Segwit 2x and is obviously going to talk shit about Bitcoin leading up to their planned hard fork.
What was the size of the transaction?
Bitcoin fees (like most fees) are scaled in nominal value to the work required. A transaction of tens of thousands of dollars costing $59 is a pretty decent deal.
If Roger and crew aren't disclosing the size of the transaction you should ask and don't relent on your need to know.
I have no idea, he didn't say it on his vid. Does the size of the transaction mean how much money he's sending? I thought the whole idea of Bitcoin is that it doesn't matter if you send 1 cent of 1 billion dollars, the fees should be the same.Bitcoin fees (like most fees) are scaled in nominal value to the work required. A transaction of tens of thousands of dollars costing $59 is a pretty decent deal.
If Roger and crew aren't disclosing the size of the transaction you should ask and don't relent on your need to know.
How interesting.
Think about it this way. If you made a $100,000 or $50,000 or even $10,000 (i.e., ~2 bitcoin) transaction and it cost you $59 would you think that's expensive? No.
Let's see how much banks will charge you for an over 10k transaction, BTC fee pricing is very low actually and you need to keep the reward satisfying for these who invest their computing power so you can move your coins.
this is the reason bitcoin will never be acquired globally 
The transaction fee will always depend on the size of the transaction itself, so if it sends larger bitcops with a huge transaction size per byte, then this is really normal
it is back to you you can send with 0.001 fee and with 10,000$ fee
it is Depend on block size to send with right fee and time you can wait till arrive
it is Depend on block size to send with right fee and time you can wait till arrive
Fees will vary.
A few days ago my fee for transaction was something about 0.05$
Was anything changed recently?
Was anything changed recently?
How to know the amount of the fee when doing a transaction? Haven't experienced it yet.
It depends on the client you use, but so far all of them than I've used allowed to see and select the fee. Exchanges set fixes fees for withdrawals, but they are always indicated beforehand.
How to know the amount of the fee when doing a transaction? Haven't experienced it yet.
I don't know guys. I moved 1.3 BTC around the same time and I paid about $1.60 in transaction fees. And it only took about 20 minutes. I just checked it to confirm that I wasn't imagining what I had seen.
Everybody has an agenda. Roger Ver has an agenda that may not jibe with your agenda. I agree with him on many things, but on others not so much. He's not being entirely forthcoming with this.
Always do your own due diligence!
Everybody has an agenda. Roger Ver has an agenda that may not jibe with your agenda. I agree with him on many things, but on others not so much. He's not being entirely forthcoming with this.
Always do your own due diligence!
It depends on transaction size, so, sometimes a payment combined from dust balances requires minimal fee equals or more than its sum. But this is very uncommon situation. Second point, - it is not necessary always use default fee, the lower ones works great too if you can wait some additional time. My average is about 2$, in worst cases 5$ but not more.
It was probably a mistake, of course that guy is so dumb, why did he made the transaction? Maybe he could just wait a little bit longer and wait until the fees are lower (usually, fees varies from a minute to another)
I dont know.. i really think it was a mistake, there is no way to explain that he payed $59 of fees, it is insane, i remember that when i had to pay $4 for fees i was complaining a lot, but $59 is huge.
I dont know.. i really think it was a mistake, there is no way to explain that he payed $59 of fees, it is insane, i remember that when i had to pay $4 for fees i was complaining a lot, but $59 is huge.
Please ask about the amount sent before going crazy. When you send small amounts the fee is small. If you send 100k+ then yeah I would imagine too there will be a decent sized fee. As long as it is better than banks
As you can seen guys this is posted for 2 months ago and i think the fee is really high in that time for now if you do transaction right now the fee is reduced and to check if what is the default fee you can check it here https://bitcoinfees.21.co/And maybe that is why the transaction was asking for high fee it is because there is large amount of input in your account this is what happen to me that is why every time im receive bitcoin and get 5 inputs i merging them by sending them back to my bitcoin address in single transaction to merge them ..
So that you can get a small fee for every transaction you made with that address you use.
Please ask about the amount sent before going crazy. When you send small amounts the fee is small. If you send 100k+ then yeah I would imagine too there will be a decent sized fee. As long as it is better than banks
It was probably a mistake, of course that guy is so dumb, why did he made the transaction? Maybe he could just wait a little bit longer and wait until the fees are lower (usually, fees varies from a minute to another)
I dont know.. i really think it was a mistake, there is no way to explain that he payed $59 of fees, it is insane, i remember that when i had to pay $4 for fees i was complaining a lot, but $59 is huge.
I dont know.. i really think it was a mistake, there is no way to explain that he payed $59 of fees, it is insane, i remember that when i had to pay $4 for fees i was complaining a lot, but $59 is huge.
Just watched a vid on Youtube posted yesterday by Rover Ver. He said that it cost him $59 to send Bitcoin. Jesus Christ, that's bloody ridiculous! Those miners are incredibly greedy and will send Bitcoin to the ground if that's the case. Who the hell is going to use Bitcoin for everyday transactions when it costs you $59 to buy a pack of chewing gum? Imagine going to buy a cup of coffee and you need to wait a few hours before the retailer can confirm your payment went through before they let you out of the shop.
The amount of the transaction must have been big but I've also noticed that if the Bitcoin you are moving comes from an address that received a bunch of small amounts that you are now sending as one transaction, the fees also get higher.
Fees for Bitcoins could be a problem in the future and will prevent it from being used for small transactions. Bitcoin will most likely be used for large transactions and a store of value.
There will be other altcoins that will take over for the small transactions. My guess is that Iota with no transaction fees will be used for micropayments and tips, etc.
You can set a custom fee, e.g. with coinb.in. It is possible today to set a $0.25 fee and the transaction will be confirmed within 1-2 hours. You can use this free transaction accelerator: https://pool.viabtc.com/tools/txaccelerator/
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