Blockchain insane high fees! | Bitcointalksearch.org

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

Quote from: alex21btc on February 20, 2017, 12:11:34 PM

I have 0.021 BTC and want to send with blockchain wallet.
I have message "only 0.015 available"

This is half of my amount! So fee is 0.015 BTC! This is insane!!!!!
What is recommended fee for this transation? I want to set manual fee.
Can anybody heve same experience? Huh

This is usually as a result of having many transaction into your wallet (many inputs that are required).

If possible, you could copy the private key - download something like electrum and use thedynamic fee slider to try to reduce the transaction fee.
The 0.015BTC will be for if you want it included in the next block, if you want it included a few blocks late, you normally probably could get away with something like 0.005BTC or lower (for the transactionto take about 6 hours maximum to confirm probably).

Also, use the analyser of the blockchain network that SFR uploaded to see the exact fees needed.

SFR10

legendary

Activity: 2968

Merit: 3406

Crypto Swap Exchange

Can you post your BTCitcoin address so we could give an accurate answer? My guess is, a lot of inputs are used for that transaction and as result you've ended up with large transaction fee (than usual). Size of the transaction matters and most likely that's the case for you (even though the amount isn't that big).

For recommended transaction fees, refer to this website: http://bitcoinfees.21.co/#fees
On a side note: The fee isn't 0.015 but rather 0.006BTC since you own 0.021BTC.

alex21btc

member

Activity: 80

Merit: 10

I have 0.021 BTC and want to send with blockchain wallet.
I have message "only 0.015 available"

This is half of my amount! So fee is 0.015 BTC! This is insane!!!!!
What is recommended fee for this transation? I want to set manual fee.
Can anybody heve same experience? Huh

Topic: Blockchain insane high fees! (Read 600 times)