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Topic: fees? (Read 3445 times)

brand new
Activity: 0
Merit: 0
November 30, 2017, 10:54:38 AM
#33
y aunque haya bifurcación siempre se haya pagado un monto alto en las transacciones, no se haya pagado por la quiebra con la bifurcación//


and although bifurcation always has to pay a high amount in transactions, I do not know why they said that with the bifurcation would decrease the cost of transactions
hero member
Activity: 714
Merit: 531
June 22, 2017, 07:51:49 PM
#32
Fees on transferring of bitcoin to other wallet was so expensive, imagine in coins.ph almost 10% of transferred amount is the fees. Example when you transfer 0.01 the total deduction are 0.011+. It's too expensive, that's why I'm calling your attention guys I want to ask if you have know wallet with low fees?
The fees increasing because of the current value of bitcoin that was the basis of that, before we do not mind the fees when the value of bitcoin is not high because we do not feel the 0.001 fees before but now they increase the fees due to big increase on the price of bitcoin i think that is not too much for the transaction much better to have fees to closed their services.

What you are saying is true that before when the fee was low but comparing the price was also low and now the price has gone 3 times more then the fees will also go high this is due to miners facing high expense to compensate they have to increase the transaction fees.
More people/users are continuous complaining about the transaction fee they do not think they using the wallet for free what if no more bitcoin wallet will exist because of the complain of high transaction fee who are affected? that is why stop complaining and find a way to earn more bitcoin to make your income much higher and you do not mind the transaction fee because your income is already big.
legendary
Activity: 1302
Merit: 1027
June 22, 2017, 02:32:38 PM
#31
Fees on transferring of bitcoin to other wallet was so expensive, imagine in coins.ph almost 10% of transferred amount is the fees. Example when you transfer 0.01 the total deduction are 0.011+. It's too expensive, that's why I'm calling your attention guys I want to ask if you have know wallet with low fees?
The fees increasing because of the current value of bitcoin that was the basis of that, before we do not mind the fees when the value of bitcoin is not high because we do not feel the 0.001 fees before but now they increase the fees due to big increase on the price of bitcoin i think that is not too much for the transaction much better to have fees to closed their services.

What you are saying is true that before when the fee was low but comparing the price was also low and now the price has gone 3 times more then the fees will also go high this is due to miners facing high expense to compensate they have to increase the transaction fees.
sr. member
Activity: 490
Merit: 251
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June 22, 2017, 12:16:00 PM
#30
Fees have and will be fucked for awhile until we can fix this entire network up as we've been congested for a long time, I don't like it, you don't like it, no one likes it (except Jihan and the miners) There's nothing we can do except sit here and get them to try to signal for the newest fucking consensus thing that will finally fix us once and for all. These fees are the real issue when it comes to trying to get people involved in Bitcoin, as no one wants to join in on a currency which is going to cost them $3-4 to pay for a simple transcation which only cost that much anyway.

So, fees suck right now and the only thing we can do is pray for the miners to do what's right by us. If you want to know what the going fee is right now for a tx use one of those estimators like HERE https://bitcoinfees.21.co/
sr. member
Activity: 406
Merit: 250
June 21, 2017, 10:47:54 PM
#29
Fees on transferring of bitcoin to other wallet was so expensive, imagine in coins.ph almost 10% of transferred amount is the fees. Example when you transfer 0.01 the total deduction are 0.011+. It's too expensive, that's why I'm calling your attention guys I want to ask if you have know wallet with low fees?
The fees increasing because of the current value of bitcoin that was the basis of that, before we do not mind the fees when the value of bitcoin is not high because we do not feel the 0.001 fees before but now they increase the fees due to big increase on the price of bitcoin i think that is not too much for the transaction much better to have fees to closed their services.
hero member
Activity: 630
Merit: 500
June 21, 2017, 06:37:02 PM
#28
Fees on transferring of bitcoin to other wallet was so expensive, imagine in coins.ph almost 10% of transferred amount is the fees. Example when you transfer 0.01 the total deduction are 0.011+. It's too expensive, that's why I'm calling your attention guys I want to ask if you have know wallet with low fees?
hero member
Activity: 658
Merit: 501
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June 21, 2017, 05:11:28 PM
#27
Best exchanges so far that are using reasonable fees for me remain only 2. Poloniex which still continues to use 0.0001 btc fee and Bittrex which offers again 0.0001 btc fee but this one has add a 0.001 btc withdraw fee. I think nowadays we have to be very selective which exchanges to use as the fees makes a big difference for many people now.
hero member
Activity: 2352
Merit: 905
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June 21, 2017, 04:27:01 PM
#26
Most exchanges/wallets are probably in some sort of competition right now to offer up the lowest fees. Until the whole segwit2x/bip148 struggle gets resolved the fees will remain kind of gouged.
hmm, xapo and coinbase were offering no fees but now they pay nothing, we have to pay fees. Can't see that exchangers and wallets are trying to offer us low fees.
And OP that time is now piece of past. Good, old memories. Bitcoin fees are now very high and for low transaction it's simply useless.
legendary
Activity: 2912
Merit: 1068
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June 21, 2017, 08:13:44 AM
#25
If you want use Bitcoins you can't escape the fees, this is the new reality now. It's hard to find the balance and the solution that will satisfy everyone and currently miners are at bigest profit. But I like the wallets like Mycelium who proposes different fees and calculates actual cost per bite.
full member
Activity: 171
Merit: 102
June 19, 2017, 03:22:18 PM
#24
Most exchanges/wallets are probably in some sort of competition right now to offer up the lowest fees. Until the whole segwit2x/bip148 struggle gets resolved the fees will remain kind of gouged.
legendary
Activity: 3010
Merit: 3724
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June 19, 2017, 03:32:23 AM
#23
What I find on most sites is they charge a flat fee instead of telling you the actual cost per byte. I can understand that they can't predict automated hotwallet withdrawals that may choose to combine many inputs for withdrawals. My main beef (not that it's a very big one anyway) is how, after viewing the tx in explorer, the fee paid is half or so of what the sites deducted from you.

newbie
Activity: 28
Merit: 0
June 19, 2017, 03:25:25 AM
#22
yep there is always a fee if you transfer your funds to other wallet because Miner fee (option to pay either standard or high priority )
Other to BTC wallet:
Free unless you're receiving small transactions, in which you are charged a fee.
hero member
Activity: 2926
Merit: 722
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June 18, 2017, 02:35:43 AM
#21
Been a while since I've played with bitcoin. Tried the electrum client out recently, kind of nice. I tried experimenting with some old wallet with 1mbtc in it, sweeping it and moving to a electrum address. I was a bit stunned to see the fee is roughly 0.6mbtc, so I only get 0.4 mbtc left Is this typical? What happened to the days of 0.1mbtc (or less) fees?


You are not yet informed Smiley When you get used to those fees back in the past then forget it already since fees do increase as of now but well you can easily adjust it but remember to stick on the standard fee if you don't really like to wait for too long.Even myself was got shocked when theres sudden price increase on fees lately even can hardly believe it that this is happening to bitcoin.
HCP
legendary
Activity: 2086
Merit: 4361
June 17, 2017, 10:59:42 PM
#20
It does seem to be settled at 0.0012-0.0015btc...
0.0012btc(from 0.0005btc last week) for me at yolodice and 0.0015btc(from 0.0005btc three weeks ago) on Yobit.
These numbers are irrelevant... what are the sats/byte (or BTC/kB) fee rates being used? The sats/byte rate is the true reflection of the network fee... NOT the total amount of btc being used as a fee.
hero member
Activity: 530
Merit: 500
June 17, 2017, 03:29:31 PM
#19
Looks like the May fee craziness has settled a bit overall.

https://jochen-hoenicke.de/queue/#3m

It looks so out of place that it seems artificial in some ways...
It does seem to be settled at 0.0012-0.0015btc now from casinos to exchanges after doing a withdrawal from each of those accounts.
0.0012btc(from 0.0005btc last week) for me at yolodice and 0.0015btc(from 0.0005btc three weeks ago) on Yobit.
Those are the only sites which I have accounts with so I can not speak for everybody else's experience with the increases in higher fees they need to pay now to do the same thing as before with these sites and their services.
vh
hero member
Activity: 699
Merit: 666
June 16, 2017, 08:28:47 PM
#18
Looks like the May fee craziness has settled a bit overall.

https://jochen-hoenicke.de/queue/#3m

It looks so out of place that it seems artificial in some ways...
hero member
Activity: 530
Merit: 500
June 16, 2017, 02:55:01 PM
#17
These high fees are just becoming the norm now.
It's like if you can't pay the fee then don't use bitcoin! Tongue
Is what the miner's are saying to everybody using it in their everyday to day transactions.
hero member
Activity: 966
Merit: 507
June 16, 2017, 02:12:49 PM
#16
well, its due to 'political' issues. segwit vs bitcoin unlimited.

Actually the reason is the technical overload of Bitcoin. Free-market demand and supply economics apply, because the transaction output is limited, while the price (the fee itself) is not. It is happening to ETH as well. Recently, Coindesk released some news about BAT ICO which had someone paying transaction fee of nearly $6k USD to ensure a quick transaction and, as a result, a position in the ICO.
full member
Activity: 149
Merit: 100
June 15, 2017, 11:16:10 PM
#15
Transaction fees are now way over price and transfer speed is slow as a snail. More and more people are becoming aware of bitcoins, which means more transaction fees for exchanges, it only seems right to lower the cost for traders.. Like when we buy things in bulk, it comes cheaper.
newbie
Activity: 9
Merit: 0
June 14, 2017, 11:40:16 PM
#14
well, its due to 'political' issues. segwit vs bitcoin unlimited.
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