Author

Topic: Future Charges? (Read 583 times)

full member
Activity: 127
Merit: 100
March 06, 2014, 04:46:26 PM
#3
Thanks for the reply.

Im having issues sending money with Blockchain.info. I tried sending a small payment to a paper wallet and decided not to pay the mining fee. After about 40 hours it gave up. So I have tried again today about 5 hours ago using the frugal fee. even though it says high priority is still not confirmed.

Is this just a problem with this wallet or do I just need to pay a bigger fee, which if I'm honest seems to be defeating one of Bitcoins marketing points. Like I have said elsewhere I can move my money around between my various bank accounts in the UK almost instantly and for free.

Hopefully Im just doing something wrong?
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
February 18, 2014, 02:44:11 PM
#2
That remains to be seen.  Logically it seems that the transaction fees could theoretically go up as the difficulty mining continues to increase...  I am not sure they are directly correlated, but I think they are tied..
full member
Activity: 127
Merit: 100
February 18, 2014, 09:12:34 AM
#1
In the future will we get charged with bigger fees like we do with credit cards now (in the region of 2% for example) to cover the miners / confirmation costs?

I got a message last night when using blockchain.info that if I didnt pay the transaction would take a long time.
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