This thread really saved me a lot - time and money. I wanted to transfer $39 worth of Bitcoin with an unbelievable charges of $14 using Blockchain but I ended up using a lower charges of $4 using the information I found on https://bitcoinfees.earn.com/ as guide.
Topic: Blockchain.info - Really high fees? (Read 6405 times)
haha, look at this funny!
But this not true and I am sure with that. We have to get the bitcoin transacted from one wallet to another with 0.0003btc alone not a 0.03 btc. You are completely stupid with this image.
However, I too have found some funds still left over in my wallet itself I cannot use that fund to transfer from that wallet it seems that is reason I hate the blockchain wallet. Then recently I swapped to use the Coinbase and electrum to have the btc funds. I expect the blockchain team recover this fees and fund staging issue in the wallet.
Where did you get the idea that 0.0003btc is enough without seeing how many inputs will his transaction have? Because imo have you looked at the current network condition? It's really clogged up right now (200K+ unconfirmed transactions) as a result miner fees will be much higher than usual and whats more if op's transaction has a bigger size (many inputs)?
Here are the current recommended fees
Quote from: https://bitcoinfees.earn.com/
Which fee should I use?
The fastest and cheapest transaction fee is currently 450 satoshis/byte, shown in green at the top.
For the median transaction size of 226 bytes, this results in a fee of 101,700 satoshis.
The fastest and cheapest transaction fee is currently 450 satoshis/byte, shown in green at the top.
For the median transaction size of 226 bytes, this results in a fee of 101,700 satoshis.
Quote from: btc.com/stats/unconfirmed-tx
Current best transaction fees
470 Satoshis/byte | 0.0047 BTC/KB
470 Satoshis/byte | 0.0047 BTC/KB
And why are you asking blockchain.info to recover your fees? Sorry but are you informed that it doesn't go to blockchain.info? as it goes to the miner who included your transaction in a block
haha, look at this funny!
But this not true and I am sure with that. We have to get the bitcoin transacted from one wallet to another with 0.0003btc alone not a 0.03 btc. You are completely stupid with this image.
However, I too have found some funds still left over in my wallet itself I cannot use that fund to transfer from that wallet it seems that is reason I hate the blockchain wallet. Then recently I swapped to use the Coinbase and electrum to have the btc funds. I expect the blockchain team recover this fees and fund staging issue in the wallet.
haha, look at this funny!
SO if We use from Electrum , it`s fee is very very normal and low Huh or this site follows Blockchain rules too ?
what we shold do now?
please help me
what we shold do now?
please help me
I have an electrum wallet and do trades with my some of my bitcoins there but the thing on electrum. I only trust it's security but with it's fee it's higher than blockchain.info. If you want to have some lower fees, you can go with blockchain.info this is the web wallet that I've known so far that is even more charging lower fees. You can also set the fee on your transaction if you want to pay lower fee but expect that it will take a lot of time so make sure that you don't need it on a rush.
I have a little amount in my blockchain.info wallet, but couldn't get out because fees are higher, than my funds. Thanks to forum infos here, I simply can "export" my funds. Will never use blockchain again.
Of courss fees must be paid. That is neccessary, but they are exorbitant on blockchain in my opinion or there is a bug on calculator.
To be honest. Maybe the size of my funds is too high. Will see, what's the issue.
Of courss fees must be paid. That is neccessary, but they are exorbitant on blockchain in my opinion or there is a bug on calculator.
To be honest. Maybe the size of my funds is too high. Will see, what's the issue.
Well the miner fee depends on how large a transaction is as well as the current network condition so most probably yes you just have too many inputs. You can edit your fees manually on blockchain.info so you can ignore their far from accurate fee estimation and edit it manually. If you have too many inputs, use transaction accelerator services like this one https://www.antpool.com/user/prioritiseTransaction.htm?m=savePrioritiseTx, It even accelerated a no miner fee transaction although its not advisable to do the same. Just set your miner fee to a minimum of 10K sats per KB so you can also use viabtc
I tend to find blockchain.info wallets interface very buggy with transaction fees quite often it does it too low so it takes days to confirm or it goes very high.
Buggy in with transaction fees? I don't think they are dependent with https://bitcoinfees.earn.com/ and you have to understand that's the fee for the miners.And when you'll send someone make sure that you can avail that fee or if not you can wait for some more fluctuation and pay it accordingly.
There's no bug in it and if you don't want to wait for a day or more pay the higher fee so that your transaction will be prioritized and if not you can find those people that are offering acceleration for free.
I have a little amount in my blockchain.info wallet, but couldn't get out because fees are higher, than my funds. Thanks to forum infos here, I simply can "export" my funds. Will never use blockchain again.
Of courss fees must be paid. That is neccessary, but they are exorbitant on blockchain in my opinion or there is a bug on calculator.
To be honest. Maybe the size of my funds is too high. Will see, what's the issue.
Of courss fees must be paid. That is neccessary, but they are exorbitant on blockchain in my opinion or there is a bug on calculator.
To be honest. Maybe the size of my funds is too high. Will see, what's the issue.
Well the miner fee depends on how large a transaction is as well as the current network condition so most probably yes you just have too many inputs. You can edit your fees manually on blockchain.info so you can ignore their far from accurate fee estimation and edit it manually. If you have too many inputs, use transaction accelerator services like this one https://www.antpool.com/user/prioritiseTransaction.htm?m=savePrioritiseTx, It even accelerated a no miner fee transaction although its not advisable to do the same. Just set your miner fee to a minimum of 10K sats per KB so you can also use viabtc
I have a little amount in my blockchain.info wallet, but couldn't get out because fees are higher, than my funds. Thanks to forum infos here, I simply can "export" my funds. Will never use blockchain again.
Of courss fees must be paid. That is neccessary, but they are exorbitant on blockchain in my opinion or there is a bug on calculator.
To be honest. Maybe the size of my funds is too high. Will see, what's the issue.
Of courss fees must be paid. That is neccessary, but they are exorbitant on blockchain in my opinion or there is a bug on calculator.
To be honest. Maybe the size of my funds is too high. Will see, what's the issue.
I tend to find blockchain.info wallets interface very buggy with transaction fees quite often it does it too low so it takes days to confirm or it goes very high.
SO if We use from Electrum , it`s fee is very very normal and low Huh or this site follows Blockchain rules too ?
what we shold do now?
please help me
what we shold do now?
please help me
Electrum also charging higher fee than blockchain.info. I'm using electrum but only for storing some of my bitcoin as I like it as an easy wallet to use and I've got the private keys. They are just following the fees through here https://bitcoinfees.earn.com/ so if the fee is quite high, try to check that out as it recommends the fee that should be able to confirm our transactions.
SO if We use from Electrum , it`s fee is very very normal and low Huh or this site follows Blockchain rules too ?
what we shold do now?
please help me
what we shold do now?
please help me
Once and for all - please understand that sending bitcoins is not free - this is not a decentralized payment method.
Someone has to process your transaction - and as you can imagine - no one will do it for free.
No fee - online wallets which used to exist in the past spoiled people, who believe that high bitcoin fees are linked to some kind of additional fee - which is totally untrue.
Someone has to process your transaction - and as you can imagine - no one will do it for free.
No fee - online wallets which used to exist in the past spoiled people, who believe that high bitcoin fees are linked to some kind of additional fee - which is totally untrue.
This thread created last April 21 when the lightning is yet to come. And I've seen now the fee on blockchain.info has decreased.
It's now at $0.08, yes that's lesser than a quarter and many of us want it that way.
The biggest fee that I paid with them is $20, I guess.
It's now at $0.08, yes that's lesser than a quarter and many of us want it that way.
The biggest fee that I paid with them is $20, I guess.
Hi,
Transaction fees depends on internal and external type of transfer. Usually internal transfers(within e-Wallet provider's network) are free because this kind of transaction doesn't go to Blockchain for validation so obviously you don't have to pay Miner's fee. While external transactions fees are higher because you pay service fee to your e-Wallet provider as well as Miner. And make a note that BTCitcoin transaction fee is not fixed because of the fluctuating market price, so the transaction fee as well as your account balance keeps changing.
You will be in good luck if the price is rising but if the price drops then you bear huge losses. So, having BTCitcoins is not safe even in your own Wallet. Current price is good so whenever I have BTCitcoins i try to exchange it to my bank account. Because the fiat currency value can reduce but my balance remains same.
Regards,
wassi4
Transaction fees depends on internal and external type of transfer. Usually internal transfers(within e-Wallet provider's network) are free because this kind of transaction doesn't go to Blockchain for validation so obviously you don't have to pay Miner's fee. While external transactions fees are higher because you pay service fee to your e-Wallet provider as well as Miner. And make a note that BTCitcoin transaction fee is not fixed because of the fluctuating market price, so the transaction fee as well as your account balance keeps changing.
You will be in good luck if the price is rising but if the price drops then you bear huge losses. So, having BTCitcoins is not safe even in your own Wallet. Current price is good so whenever I have BTCitcoins i try to exchange it to my bank account. Because the fiat currency value can reduce but my balance remains same.
Regards,
wassi4
seems your transaction size is high so its ask high fees too, all transaction fees is depends on size of transaction, but at blockchain you can set the fees amount but its not recommended it will make you will get long time confirmation for your transaction
Appreciate it guys, you've just saved me alot in fees. This has now been resolved and I've learnt something new!
That's pretty nice you become resolve the issue and learn something good. Now, it's time to lock this thread if all are fine now.Because it's necessary as we can't expect that the same answer will appear continuously by different member.
Appreciate it guys, you've just saved me alot in fees. This has now been resolved and I've learnt something new!
I think they are just relaying if what your transaction size. but if you want fully control about your miners fee you can try electrum you have a choice to to low medium and highest fee for more faster transaction.
And if you use low it takes some hours before gets confirm but you can try use some free service that you can accelerate the transaction sometimes it works minutes sometimes hours check it here http://viabtc.com/tools/txaccelerator/
Also this chart for default fee and chance of getting unconfirm if you pay lower fee.
Looks at this site. http://bitcoinfees.21.co
And if you use low it takes some hours before gets confirm but you can try use some free service that you can accelerate the transaction sometimes it works minutes sometimes hours check it here http://viabtc.com/tools/txaccelerator/
Also this chart for default fee and chance of getting unconfirm if you pay lower fee.
Looks at this site. http://bitcoinfees.21.co
Currently trying to send 2 bitcoins, however, the fee is ridiculous high. $45 to be exact...
What do you recommend to put the transaction fee too?
What do you recommend to put the transaction fee too?
Yes you just need to do this if you think that fee is very high and I consider is as truly high.
Just choose advanced send option and send with lower fee. Than go to viabtc.com and use their accelerator, when they mine block they will include your transaction in it.
Most of the time, I'm only paying no more, no less than 0.0002BTC and it's always smooth. I just noticed that my transactions nowadays are fast and I don't know if it can be called as an instant.
With your 2 btc transaction, is that the recommended miners fee by blockchain.info?
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