Pages:
Author

Topic: Fees problem - page 2. (Read 559 times)

sr. member
Activity: 546
Merit: 255
December 28, 2017, 12:50:57 PM
#34
Better use an exchange. Wallets really hurt right now when it comes to fees even if you can control them.
That is one more problem. You put down the satoshis per bytes then it might be flying in the air for a long time before you receive it.

A pool is better and one is polo which services are like 50k sats. Doesnt hurt much like other which have 100k fees.


Bittrex takes 100k fee. But i got used to this. 15 $ better than 40 with blockchain.info. And i like that i got BTC really during 20-30minutes, when i use bittrex. yes, not cheap, but really fast. Anyway i try not to do any useless and not urgent payments now, im waiting better times.
newbie
Activity: 46
Merit: 0
December 28, 2017, 12:41:11 PM
#33
if you want transfer dont buy btc but buy alt after that sell your alt to btc. done.

if you transfer btc to other wallet.
1. fees very hight
2. so many unconfirmed blockhain btc (https://blockchain.info/id/unconfirmed-transactions)

but if you buy alt then sell alt to bct. its make save your time. choose wisely..
newbie
Activity: 89
Merit: 0
December 28, 2017, 12:33:06 PM
#32
There are too much of fees on small transactions even so making transactions with bitcoin are somehow cause of a loss if you don't have large amounts as well as transaction process is too much slow because the confirmations are taking too long. If you use Segwit wallet, then it will cost low fees as compared to non-segwit wallets. Apart from this you can try the poloniex exchaging site, they have a bit low fees, I have seen some tricks on the web about that.
full member
Activity: 406
Merit: 100
December 28, 2017, 12:23:24 PM
#31
Yeah, it is a real problem right now. People prefer bitcoin over banks because you cut the middleman so you get lower fees, but this seems to be the opposite in this case
full member
Activity: 476
Merit: 100
December 28, 2017, 12:17:51 PM
#30
What is wrong with fees?. it is much higher now. if you have any idea or a wallet that uses low fees i will be glad to hear about it. please share with me what you do with this silly problem.

I think it is better to come and try to use some new fresh wallets. You can try Mycelium, you can send there there for 1-2$
member
Activity: 238
Merit: 10
December 27, 2017, 11:25:24 AM
#29
What is wrong with fees?. it is much higher now. if you have any idea or a wallet that uses low fees i will be glad to hear about it. please share with me what you do with this silly problem.

The fee of sending btc in/out an exchange is very expensive. BTC was >1000$ at the beginning of the year, now it is almost 20k$ but the fee still 0.001/0.002 btc? what's an unfair practice.
newbie
Activity: 364
Merit: 0
December 27, 2017, 11:18:12 AM
#28
Its not only your problem ... If anyone know the solution please share with us ... now you can make transaction via ETH .. im doing it
member
Activity: 110
Merit: 10
December 27, 2017, 11:17:56 AM
#27
9.95 today to move .1 to trading satoshi, ridiculous.

i know it doesnt work as a currency but why do all these other coins and exchanges insist on a deposit in btc. it just ruins my whole trading experiance
full member
Activity: 1736
Merit: 121
December 27, 2017, 11:04:29 AM
#26
What is wrong with fees?. it is much higher now. if you have any idea or a wallet that uses low fees i will be glad to hear about it. please share with me what you do with this silly problem.

Is actually a bizarre situation to deal with this very high fees. Anyway, what I do is to accumulate my transaction. The waiting to gather btc is causing much delay.
sr. member
Activity: 644
Merit: 263
December 27, 2017, 10:59:18 AM
#25
What is wrong with fees?. it is much higher now. if you have any idea or a wallet that uses low fees i will be glad to hear about it. please share with me what you do with this silly problem.
This is where bitcoin lacks its integrity in the world of crypto. The user base is increasing a lot day by day and this is bringing huge stress on the miner side. Thats mostly related with the scale up problem of the bitcoin which was supposed to be clear down in the last segwit2x but the blockchain size did nothing. Lets hope that the upcoming segwit2x will bring up something good to us. This is however not official yet but we can expect it for now as we can't do much about it due to uncertainty of the blockchain.

I am also stuck with many transaction and few of them are literally one week old or more. This is crazy and we can't even reverse the transaction at anytime because its just not possible. Very frustrating sometimes but we can't do anything but wait for it.
hero member
Activity: 3052
Merit: 651
December 27, 2017, 10:48:56 AM
#24
Better use an exchange. Wallets really hurt right now when it comes to fees even if you can control them.
That is one more problem. You put down the satoshis per bytes then it might be flying in the air for a long time before you receive it.

A pool is better and one is polo which services are like 50k sats. Doesnt hurt much like other which have 100k fees.
newbie
Activity: 67
Merit: 0
December 27, 2017, 10:30:56 AM
#23
I think a fix or enhancements needs to happen before the problem of high fees can be solved. We can't deny the fact that the price of bitcoin had already ballooned to 20K, and more and more transactions are happening.
legendary
Activity: 1932
Merit: 1273
December 27, 2017, 10:28:59 AM
#22
Using a Segwit wallet you’ll have lower fees. I don’t know how low, though, as I have got one recently, but I haven’t sent any BTC, but that’s what I’ve read. I suppose until lighting network gets implemented fees will keep high no matter what wallets you use but for that we’ll have to wait for a while.
Segwit wallet should have a faster confirmation and lower fees if we compare to a standard wallet, the problem is lack of people using the segwit wallet so we can feel a significant difference about it. And also lack of acception segwit wallet in mainstream make Bitcoin fees rise so high.
hero member
Activity: 2660
Merit: 551
December 27, 2017, 10:28:47 AM
#21
What is wrong with fees?. it is much higher now. if you have any idea or a wallet that uses low fees i will be glad to hear about it. please share with me what you do with this silly problem.

Well for starters the demand of bitcoin is at all-time-high as well. Lots of movements in blockchain that's why the mempool is always full and there's that spammers who really don't want to harm the network as well. Not only you but everyone is really complaining about the current situation that sometimes we are very frustrated because we can't do anything about our transactions but to wait for it to be confirmation. I'm using Electrum wallet. One advantage of it is that you can dynamically adjust the fees yourself. Of course if you have it to be confirmed in the next 5 blocks or so, you have to pay a higher fee. But sometimes I got lucky and my transaction can be confirmed in the next block without paying that much. Again, all we can do its to wait and have patience if our transactions is not confirmed in under 3 hours.
hero member
Activity: 1932
Merit: 504
December 27, 2017, 10:21:10 AM
#20
What is wrong with fees?. it is much higher now. if you have any idea or a wallet that uses low fees i will be glad to hear about it. please share with me what you do with this silly problem.
maybe Poloniex still good to pick, if not changed the fee is only 0.0001 BTC, i not open my account for a while so i don't really know if already changed or not.
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
December 27, 2017, 10:20:33 AM
#19
Using a Segwit wallet you’ll have lower fees. I don’t know how low, though, as I have got one recently, but I haven’t sent any BTC, but that’s what I’ve read. I suppose until lighting network gets implemented fees will keep high no matter what wallets you use but for that we’ll have to wait for a while.
sr. member
Activity: 658
Merit: 250
December 27, 2017, 10:16:14 AM
#18
What is wrong with fees?. it is much higher now. if you have any idea or a wallet that uses low fees i will be glad to hear about it. please share with me what you do with this silly problem.

May be you noticed that BTC price is not 2k $ at present Smiley BTC fees increased in 10 times accordingly with bitcoin price.
sr. member
Activity: 546
Merit: 261
December 27, 2017, 10:15:02 AM
#17
Looking at the sudden price rise from november,many people has been going to cash out when the bitcoin price is high
And with that many transaction,it's no wonder that fees is also become high,so either use other coin or wallet that can change the fees of transaction
full member
Activity: 210
Merit: 102
December 27, 2017, 10:07:11 AM
#16
This is a problem for Bitcoin that they need to get fixed. The network gets bogged down the more transactions there are. Bitcoin will most likely be a coin for storing value in the future because of the high fees and slower transaction times unless they can come up with a fix for it.
full member
Activity: 756
Merit: 103
December 27, 2017, 09:52:57 AM
#15
After paying fees also it is hard to confirm a transaction because of miners who are looking for high price. i think if this will be increasing in future, then people have to change for another coin.
Pages:
Jump to: