Author

Topic: fee too high (Read 475 times)

legendary
Activity: 1736
Merit: 1023
June 03, 2017, 11:31:38 PM
#5
Yeah, this isn't an Electrum issue. Fees for the network are just high in general due to congestion. People are hoping that segwit will help lower them but we'll have to see what happens.
legendary
Activity: 1806
Merit: 1164
June 03, 2017, 11:26:02 AM
#4
Electrum dynamic fees are accurate especially if you set the fee slider to high. It does not make sense to go cheap on fees. However newest Electrum lets you set fee to whatever you want if you disable dynamic fees, and if you enable RBF you can send replaceable, so when a transaction does not confirm because you used too low a fee you can click on it and bump the fee up. Less hassle if you just use the recommended fee in the first place.
legendary
Activity: 3038
Merit: 1032
RIP Mommy
June 03, 2017, 04:28:15 AM
#3
If you set the max static fee to 0.0001 BTC/kB, uncheck Use dynamic fees, uncheck Edit fees manually & change this bit of the code in a text editor https://github.com/TheButterZone/electrum/commit/fca33e290015b475463481fc9b6626489aad5495 then you can submit your TXIDs to https://www.viabtc.com/tools/txaccelerator/ at exactly xx:00:00 (any later and it will probably reject you).

"With the Transaction Accelerator for delayed transactions, you can submit any TXID that includes a minimum fee of 0.0001BTC/KB. "
legendary
Activity: 2968
Merit: 3406
Crypto Swap Exchange
June 03, 2017, 03:57:53 AM
#2
i have stopped using elctrum atm, fee too high and if low fee unconfirmed for a long time
That has nothing to do with electrum, it's how fees are at the moment. You can use another wallet and end up with similar results (delay in confirmations, when a low fee is being used).

Appropriate fees (an estimate): http://bitcoinfees.21.co/#fees
hero member
Activity: 784
Merit: 500
June 02, 2017, 06:33:27 PM
#1
i have stopped using elctrum atm, fee too high and if low fee unconfirmed for a long time
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