Topic: Just what is a FAIR fee to send a Bitcoin transaction? - page 8. (Read 7395 times)
The transaction cost should be more better more less be !
considering most bank transfers cost roughly €0.09, $0.05
Seriously?In my country most bank transfers don't cost anything.
So, I stick with that also in Bitcoin. Miners get block reward, so I don't see why they should get transaction fees.
Past transactions that i have done usually cost 0.1mbtc which is the standard fee in btc and if convert to dollar it is about 5 cents. For me that is considered fair fee. Couldn't be much happier 
Whatever the market will allow.
considering most bank transfers cost roughly €0.09, $0.05 is pretty low, but then again I think it should be relative to the amount being sent. 1% or less would be perfect, and if you allow microtransactions to take place there will be a lot of them, so why not group them together or give them their own special blocks?
Edit: that's actually a good idea, why not fork smaller transactions below 0.001 BTC and allow people to mine the transactions on a different blockchain with their CPU's? that way when the price of bitcoin is much higher it'll make things a lot easier for everyone. Not to mention the newly added interest that it would bring, people being able to mine with their regular computers again?
Edit: that's actually a good idea, why not fork smaller transactions below 0.001 BTC and allow people to mine the transactions on a different blockchain with their CPU's? that way when the price of bitcoin is much higher it'll make things a lot easier for everyone. Not to mention the newly added interest that it would bring, people being able to mine with their regular computers again?
For me fair fee is lowest possible fee, that satisfies bitcoin users AND miners.
So i won't tell in FIAT, it must be small like 0.0001 BTC, but with millions transactions everyday it will still be good money for miners
So i won't tell in FIAT, it must be small like 0.0001 BTC, but with millions transactions everyday it will still be good money for miners
Simple poll to find out just what most people think is a fair fee for sending a transaction on the Bitcoin network, long-term.
Paying a bill; buying a car, computer or coffee; making a donation, or whatever...
In 2014 US dollars please choose the amount that you think is closest to what the BTC equivalent mining fee should be for a standard transaction.
Assuming also that a standard transaction is on-chain, not a micro-transaction, it is for something that is usually paid for with fiat.
What is the fairest fee?
Paying a bill; buying a car, computer or coffee; making a donation, or whatever...
In 2014 US dollars please choose the amount that you think is closest to what the BTC equivalent mining fee should be for a standard transaction.
Assuming also that a standard transaction is on-chain, not a micro-transaction, it is for something that is usually paid for with fiat.
What is the fairest fee?
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