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Topic: bitcoin transaction fees (Read 985 times)

newbie
Activity: 43
Merit: 0
September 29, 2013, 09:31:15 PM
#21
I believe that it partially depends on which wallet you use and beyond that, it depends on how fast you want your transactions to be processed
legendary
Activity: 2072
Merit: 1049
┴puoʎǝq ʞool┴
September 29, 2013, 09:27:10 PM
#20
Depends on your volume and transaction sizes.

I think coinbase pays them for you Cheesy
legendary
Activity: 1092
Merit: 1000
nahtnam.com
September 29, 2013, 01:08:55 AM
#19
Well, just to put it put there, coinbase pays the fees for you!
b!z
legendary
Activity: 1582
Merit: 1010
September 29, 2013, 12:18:19 AM
#18
http://bitcoinfees.com/ has some good info about fees and how they are calculated. found it on a google search.

Oh, it was updated, nice!
yeah, there's lots of good info, and it's easy to understand.
legendary
Activity: 1036
Merit: 1000
Thug for life!
September 28, 2013, 08:09:31 PM
#17
i still don't quite get it, this stuff has always confused me quite a bit.
sr. member
Activity: 476
Merit: 250
September 28, 2013, 05:00:27 PM
#16
thank you for posting that site. i have always been a bit nervous about sending the right amount.
legendary
Activity: 2786
Merit: 1031
September 28, 2013, 01:52:55 PM
#15
http://bitcoinfees.com/ has some good info about fees and how they are calculated. found it on a google search.

Oh, it was updated, nice!
b!z
legendary
Activity: 1582
Merit: 1010
September 28, 2013, 09:21:35 AM
#14
http://bitcoinfees.com/ has some good info about fees and how they are calculated. found it on a google search.
hero member
Activity: 546
Merit: 500
September 28, 2013, 06:09:40 AM
#13

will receiver has to pay any fee for receiving


 Grin
No!

Only senders pay the fee  Wink

I have exchanged 0.03 btc with some person with paypal he said he paid 1$ fee for that is it true.

It is possible if the transaction consists of large amount of "dust inputs".

I think you are right I have some dust inputs. Will this problem clear after this transaction or continue.
sr. member
Activity: 532
Merit: 250
September 28, 2013, 06:03:45 AM
#12


Thank you for the link.
I did not know it and it is really useless for new comers.
sr. member
Activity: 350
Merit: 250
September 28, 2013, 05:44:12 AM
#11
I am always sending without fees when I transfer from one of my wallet to an other (could take a few weeks to proceed), but I also always send normal fees to other people.


I do not know about your wallet, but most wallet calculates it automatically.
hero member
Activity: 686
Merit: 500
September 28, 2013, 04:32:04 AM
#10
All I can say is: don't send with less than recommended fees if you need to make a payment sooner than later.
full member
Activity: 143
Merit: 100
September 28, 2013, 04:08:49 AM
#9

will receiver has to pay any fee for receiving


 Grin
No!

Only senders pay the fee  Wink

I have exchanged 0.03 btc with some person with paypal he said he paid 1$ fee for that is it true.

If he wants to do Exchange  converssion from BTC to USD and withdraw the 4$ USD, the 1$ is not unreallistic  Smiley
hero member
Activity: 615
Merit: 500
September 28, 2013, 04:04:15 AM
#8

will receiver has to pay any fee for receiving


 Grin
No!

Only senders pay the fee  Wink

I have exchanged 0.03 btc with some person with paypal he said he paid 1$ fee for that is it true.

It is possible if the transaction consists of large amount of "dust inputs".
hero member
Activity: 546
Merit: 500
September 28, 2013, 03:58:47 AM
#7

will receiver has to pay any fee for receiving


 Grin
No!

Only senders pay the fee  Wink

I have exchanged 0.03 btc with some person with paypal he said he paid 1$ fee for that is it true.
hero member
Activity: 615
Merit: 500
September 28, 2013, 03:57:28 AM
#6
what are the transaction fees for bitcoins. HOw to calculate them. Are they depends on wallets. I am using multibit.

0.0001 BTC per every 1000 bytes of transaction is recommended fee by Bitcoin-Qt 0.8.x

will receiver has to pay any fee for receiving

No, only the sender needs to pay the tx fee.

Different wallets may have different default fee setting.
Latest version of Bitcoin-qt is 0.0001 BTC/kb while Electrum is 0.0005 BTC/kb.
full member
Activity: 143
Merit: 100
September 28, 2013, 03:55:30 AM
#5

will receiver has to pay any fee for receiving


 Grin
No!

Only senders pay the fee  Wink
hero member
Activity: 546
Merit: 500
September 28, 2013, 03:39:29 AM
#4
what are the transaction fees for bitcoins. HOw to calculate them. Are they depends on wallets. I am using multibit.

0.0001 BTC per every 1000 bytes of transaction is recommended fee by Bitcoin-Qt 0.8.x

will receiver has to pay any fee for receiving
newbie
Activity: 14
Merit: 0
September 28, 2013, 03:38:56 AM
#3
member
Activity: 113
Merit: 10
September 28, 2013, 03:34:59 AM
#2
what are the transaction fees for bitcoins. HOw to calculate them. Are they depends on wallets. I am using multibit.

0.0001 BTC per every 1000 bytes of transaction is recommended fee by Bitcoin-Qt 0.8.x
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