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Topic: Recommend BTC transfer fee - page 2. (Read 1857 times)

hero member
Activity: 966
Merit: 535
May 12, 2017, 10:42:54 AM
#10
According to https://bitcoinfees.21.co/, it's 280 satoshi/byte.
If you don't mind when the transaction confirms, you can probably go down to about 160satoshi/byte to have it confirmed within about 12 hours.

Ok thank you this is the most helpful reply. So 160 min maybe 140 and 200 or so medium.

I pay a just a bit more than the recommended fee through Electrum wallet, I let the slider of the fee to the far right and yesterday I paid 328.33 satoshi/byte for sending about 0.10 btc. The transaction confirmed within 5 minutes. When you keep the slider fee to the far right in Electrum it will include a transaction fee that will put your transaction in the next mined block. Works really well for me this way although fees are higher than the recommended.

So we can say 300 max ? Ok good . My transactions just got cancelled but now I know how much to out. Although I was using indie wallet set to medium. I have set it to high now.

I paid a fee of just over 162 sats/byte @ 17:54:45 today, there were ~150k unconfirmed txs at the time and it still confirmed in 11 minutes.



That's pretty good. The one sent to me was 140 and took just over an hour. Thanks for the reply.

In your opinion is normal to pay 0.0007 for a small transaction? It happened to me and I didn't like it, too high imho

How small of a transaction ? It's not really worth making small ones anymore.
hero member
Activity: 672
Merit: 508
May 12, 2017, 07:56:56 AM
#9
In your opinion is normal to pay 0.0007 for a small transaction? It happened to me and I didn't like it, too high imho

if its too high for you, you can try sending small amount of money using western union and compare it to how much you are paying in bitcoin and how fast it is. alternatively, you can still pay lower amount of transaction fees, tho your confirmation will take some time to get confirmed
sr. member
Activity: 434
Merit: 250
May 12, 2017, 07:35:28 AM
#8
will the transfer fee rise?
newbie
Activity: 58
Merit: 0
May 12, 2017, 05:53:44 AM
#7
In your opinion is normal to pay 0.0007 for a small transaction? It happened to me and I didn't like it, too high imho
hero member
Activity: 658
Merit: 501
Hackers please hack me .... if you can :)
May 12, 2017, 02:47:10 AM
#6
I pay a just a bit more than the recommended fee through Electrum wallet, I let the slider of the fee to the far right and yesterday I paid 328.33 satoshi/byte for sending about 0.10 btc. The transaction confirmed within 5 minutes. When you keep the slider fee to the far right in Electrum it will include a transaction fee that will put your transaction in the next mined block. Works really well for me this way although fees are higher than the recommended.
legendary
Activity: 1302
Merit: 1024
May 11, 2017, 07:05:47 PM
#5
Lately the blockchain is very cool congested. Let us make a list of low medium and high priority fees for BTC.
Lowest being the very lowest fee just above failure. The highest being the most you need at which point adding more makes little difference.

240 Satoshi/byte works well so far what figures are the rest of you seeing ?
It does. To I usually send my transactions with around 150-190 satoshi/byte to save a little fee and do not risk it being stuck. Using an accelerator also helps to get it confirmed soon.
newbie
Activity: 58
Merit: 0
May 11, 2017, 07:01:20 PM
#4
According to https://bitcoinfees.21.co/, it's 280 satoshi/byte.
If you don't mind when the transaction confirms, you can probably go down to about 160satoshi/byte to have it confirmed within about 12 hours.

I didn't know this website, will add it to my Bitcoin bookmarks, thanks!
legendary
Activity: 3808
Merit: 7912
May 11, 2017, 05:30:42 PM
#3
I paid a fee of just over 162 sats/byte @ 17:54:45 today, there were ~150k unconfirmed txs at the time and it still confirmed in 11 minutes.

copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
May 11, 2017, 05:22:03 PM
#2
According to https://bitcoinfees.21.co/, it's 280 satoshi/byte.
If you don't mind when the transaction confirms, you can probably go down to about 160satoshi/byte to have it confirmed within about 12 hours.
hero member
Activity: 966
Merit: 535
May 11, 2017, 05:19:30 PM
#1
Lately the blockchain is very cool congested. Let us make a list of low medium and high priority fees for BTC.
Lowest being the very lowest fee just above failure. The highest being the most you need at which point adding more makes little difference.

240 Satoshi/byte works well so far what figures are the rest of you seeing ?
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