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Topic: Bitcoin fees make me angry - page 10. (Read 2375 times)

sr. member
Activity: 476
Merit: 259
October 28, 2017, 07:58:34 PM
#9
I think that the fee that you are paying is over beyond the average fee that should be paid for your transaction to be included at the next block.
You should be checking out the wallet that you are using, check up the settings, there should be an option to adapt transaction fees based on the current network status.

If you are creating your transactions by your own, you should be checking the following website:

https://bitcoinfees.21.co/

It gives you real updates about recommend fee for transactions based on it's size in bytes.

newbie
Activity: 44
Merit: 0
October 28, 2017, 07:53:00 PM
#8
Yes! Fees are too high right now!
I dont know how much you were sending, but I just paid more than $10 of fees  Angry to send 0.35 bitcoin
sr. member
Activity: 280
Merit: 250
October 28, 2017, 07:49:24 PM
#7
You can always choose to send less yes it won't be as quick to confirm but at the end of the day this is how bitcoin works and will never change. Bitcoin miners need an incentive to pass a transaction and higher fees are going to do that.

If you don't mind waiting a few hours then just pay a smaller fee.
sr. member
Activity: 567
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
October 28, 2017, 07:48:18 PM
#6
What the hell ?




it's way too much . i pay higher on fees than the amount i'm sending to people
and i work a lot with bitcoin on small amounts..

The solution for this is: pay using ETH , then convert it to BTC using changelly.
What a great site is changelly! brings al ot of value.

This looks to me a simple way of promotion. I think you are one member of changelly or a paid advertiser using posts here in the forum. The fees that bitcoin is asking in each transaction is getting really high. We have been experiencing this for some time already. That is why many people would advice not use bitcoin in small transactions such as buying a cup of coffee. But if you are determined to use it for such transactions, then you also have to accept the high fees.
sr. member
Activity: 1190
Merit: 306
October 28, 2017, 07:46:21 PM
#5
The fees are pretty high right now, i sent a payment worth of $50 about two hours ago, and i paid about $3 for that transaction, maybe it is not a huge amount of money, but it is almost a 8% of what i sent to that guy.
But it is more cheaper than Xapo fees, i just saw them two weeks ago and a Normal Transaction was about $8 each one, that is insane, and the priority was about $12 for each one.
Of course that the fees depends on how the blockchain is going, but i think that all this issue is because the notices that the miners received today.

Oh man, that's horrible.  And I mean that.  Are you using a wallet where you
can adjust the fee? 

It's stuff like this that makes bitcoin a bad currency.  You could just as easily send
someone money overseas using PayPal and pay a very small fee at most.  I just sent
something the other day with a fee of like 0.0007BTC, and the transaction has yet
to confirm once.  It's probably going to get shot back to my wallet and I'll have to
send it again with a ridiculously high fee.  It sucks, I agree with you.
hero member
Activity: 1232
Merit: 738
Mixing reinvented for your privacy | chipmixer.com
October 28, 2017, 07:44:15 PM
#4
The fastest and cheapest transaction fee is currently 300 satoshis/byte, shown in green at the top.
For the median transaction size of 226 bytes, this results in a fee of 67,800 satoshis.
I think this is the highest rate since last aug fork, perhaps even in the last six months
any idea what drives it so high? isn't november fork still in 2 weeks or so?
do miners switch side temporarily to mine BTG for quick profits?
hero member
Activity: 728
Merit: 500
October 28, 2017, 07:40:09 PM
#3
The fees are pretty high right now, i sent a payment worth of $50 about two hours ago, and i paid about $3 for that transaction, maybe it is not a huge amount of money, but it is almost a 8% of what i sent to that guy.
But it is more cheaper than Xapo fees, i just saw them two weeks ago and a Normal Transaction was about $8 each one, that is insane, and the priority was about $12 for each one.
Of course that the fees depends on how the blockchain is going, but i think that all this issue is because the notices that the miners received today.
sr. member
Activity: 1036
Merit: 275
October 28, 2017, 07:35:26 PM
#2
Wow 4,50 each transaction, that is so high mate, but the fees were not so high a few days ago, i dont understand why it is happening. Well, maybe it is because the difficulty of mining has increased to 21% in the last few hours, but it shouldn't change the fees. Maybe the miners are so congestioned and they can not proccess that payment and this is why the fees are so high.
Anyway, i sent a payment yesterday and it only costed me $1,20, and it got confirmed in 20 minutes.
sr. member
Activity: 315
Merit: 250
Coder, Graphic designer
October 28, 2017, 07:32:17 PM
#1
What the hell ?



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