Pages:
Author

Topic: The transaction fee is just ridiculous. - page 12. (Read 17471 times)

hero member
Activity: 644
Merit: 500
Inspired
September 30, 2014, 04:28:19 AM
#28
Bitcoin is not a free service.
It's a product that must compete with the marketplace, and be exceptional vs. its competitors.
The transaction fees are a necessary component to keep our infrastructure growing.

The beauty of bitcoin:  If there is something you'd like change, go change it.
Create an off-chain small transaction service.

Then, you get to set the rules and charge whatever you like.

legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
September 30, 2014, 04:00:41 AM
#27
I pay zero fee TXs all the time and they get confirms.
The Constitution only applies to the government.
Nobody is armed forcing you to pay TX fees.

how ?

people may not know.. i use Multibit and it forces a fee that is NOT cheap !

if i want to send $500,000 worth of BTC it would cost me 0.0001 BTC
and if i want to send 0.0002 BTC it costs me 0.0001  BTC
..not good !

the cost of sending the occasional small amount is bullshit !
and i don't want to hear any excuses about it bloating the block chain or something.
if sending around small amounts is a problem then fix it .

edit:
and guys don't forget that guys abuse what is popular with a strange hold.
if the top 3 wallets enforce a fee then no.. actually YOU sit down and "think about it" lol
legendary
Activity: 1652
Merit: 1016
September 30, 2014, 03:02:54 AM
#26
We are FORCED to pay a tax upon every transaction, and they say Bitcoin doesn't have any taxes? That's just pure crap. Taxation is unconstitutional theft via armed extortion. In Bitcoin's case, it's unavoidable, and is without the armed extortion (YOU ARE FORCED TO PAY).
Well this ill researched rant is a steaming pile of poo isn't it.

Nowhere in the core protocol does it FORCE you to pay any transaction fees. But likewise nowhere in the protocol does it FORCE miners to include your transactions into their blocks.

Sit down in a quiet room and think about that for five minutes.
hero member
Activity: 826
Merit: 504
September 30, 2014, 02:41:50 AM
#25
I pay zero fee TXs all the time and they get confirms.
The Constitution only applies to the government.
Nobody is armed forcing you to pay TX fees.
True, but paying at least a  small txn fee helps the protocol.

How? The protocol says I don't have to pay a fee for my aged coin TXNs to be relayed.

Try paying a satoshi to one of your alternative wallets with a 0.00000000 BTC fee
There is no legit reason why you would want to do this. Sending this kind of TX takes up other people's resources while you are not engaging any kind of commerce.

Even the laxo trade spam TXs are paying huge amounts of TX fees to the tune of ~.048 on some of them.

If you want to use bitcoin and not pay any TX fees then you can engage in off-chain transactions, although you would need to trust your money to be held by some other third party

That really makes sense
sr. member
Activity: 318
Merit: 251
September 30, 2014, 01:30:47 AM
#24

I'm with ya.  I mean, having to pay $0.04 to send a $20,000 wire instantly from the convenience of your home, without any banks, forms or questions?  That's just ridiculous.

heh.
hero member
Activity: 574
Merit: 500
CoinBooster Rep
September 29, 2014, 11:57:50 PM
#23
You can always lower it, but without your transaction is going to take quite a while to confirm.
legendary
Activity: 2044
Merit: 1005
September 29, 2014, 11:10:33 PM
#22
Tax is necessitated by a broken system with no risidual benefits... Tx fees are to use a service to provide benefit. different things.
legendary
Activity: 3038
Merit: 1032
RIP Mommy
full member
Activity: 168
Merit: 100
September 29, 2014, 11:00:38 PM
#20
We are FORCED to pay a tax upon every transaction, and they say Bitcoin doesn't have any taxes? That's just pure crap. Taxation is unconstitutional theft via armed extortion. In Bitcoin's case, it's unavoidable, and is without the armed extortion (YOU ARE FORCED TO PAY).
This is not actually a tax that you are paying. You are paying for a service (the miners including your TX in the block they find) and like any other service you receive you should should pay for it.

As it has been said many times above, at the present time you can send a TX without a fee and still have the TX confirm quickly assuming that all outputs are at least .01 and the size of the TX (in kb) is small.

Another point to make is that if you are spending an "average" amount of money (I would consider a $10 transaction to be average) then the TX fee of ~$0.04 is very small.
hero member
Activity: 672
Merit: 500
http://fuk.io - check it out!
September 29, 2014, 10:24:13 PM
#19
I pay zero fee TXs all the time and they get confirms.
The Constitution only applies to the government.
Nobody is armed forcing you to pay TX fees.

without fee you may never reach destination wallet or it may take like 7 days or so
sr. member
Activity: 406
Merit: 250
September 29, 2014, 09:35:45 PM
#18
really 4 cents per tx is not that bad of a fee considering all the electricity and everything used to keep the network up and running... i dont mind the tx fee's alot better than bank fee's and overdraft fee's ande taxes and blah blah blah it goes on and on when the gov't gets their hands on a peice of ur money they take some one before u get it take some out when u spend it...
sr. member
Activity: 336
Merit: 250
DLISK - Next Generation Coin
September 29, 2014, 08:33:07 PM
#17
I pay zero fee TXs all the time and they get confirms.
The Constitution only applies to the government.
Nobody is armed forcing you to pay TX fees.
True, but paying at least a  small txn fee helps the protocol.

How? The protocol says I don't have to pay a fee for my aged coin TXNs to be relayed.

Try paying a satoshi to one of your alternative wallets with a 0.00000000 BTC fee
There is no legit reason why you would want to do this. Sending this kind of TX takes up other people's resources while you are not engaging any kind of commerce.

Even the laxo trade spam TXs are paying huge amounts of TX fees to the tune of ~.048 on some of them.

If you want to use bitcoin and not pay any TX fees then you can engage in off-chain transactions, although you would need to trust your money to be held by some other third party
sr. member
Activity: 271
Merit: 250
September 29, 2014, 08:15:23 PM
#16
Its not forced OP. You simply need to wait 1-2 days for it to process.
sr. member
Activity: 266
Merit: 250
September 29, 2014, 08:07:50 PM
#15
Where does this come from?  If it is forced, when and which law? First lawful and then forced.
sr. member
Activity: 381
Merit: 250
September 29, 2014, 07:42:38 PM
#14
We are FORCED to pay a tax upon every transaction, and they say Bitcoin doesn't have any taxes? That's just pure crap. Taxation is unconstitutional theft via armed extortion. In Bitcoin's case, it's unavoidable, and is without the armed extortion (YOU ARE FORCED TO PAY).

You can make a tx fee nothing, you can determine what fee you want to send, but some miners will ignore your transactions if they are too small. If you paste it straight into Blockchain.info I think it might get mined in a few blocks even with no fee. Some pools are more liberal and pickup any transactions, some are more strict and only take transactions that have good tx fees.
sr. member
Activity: 539
Merit: 255
September 29, 2014, 07:39:50 PM
#13
There is no fee if you use certain services. And fees are good for the current services.
legendary
Activity: 3472
Merit: 4801
September 29, 2014, 07:35:36 PM
#12
We are FORCED to pay a tax upon every transaction, and they say Bitcoin doesn't have any taxes? That's just pure crap. Taxation is unconstitutional theft via armed extortion. In Bitcoin's case, it's unavoidable, and is without the armed extortion (YOU ARE FORCED TO PAY).

You are not FORCED to pay anything.

You are not even FORCED to use bitcoin.

You are welcome to use bitcoin if you like, and you are welcome to pay any fee (or no fee at all if you like).

Equally, the peers on the network are not FORCED to relay your transaction if they don't want to.

They are welcome to relay your transaction if they like, and they are welcome to ignore your transaction if they like.

Equally, the miners are not FORCED to include your transaction in their blocks.

They are welcome to include your transaction if they like, and they are welcome to leave your transaction for some other miner to include in their block if they like.

Isn't it great how NOBODY is FORCED to do any of these things with bitcoin.
hero member
Activity: 826
Merit: 504
September 29, 2014, 07:32:01 PM
#11
I pay zero fee TXs all the time and they get confirms.
The Constitution only applies to the government.
Nobody is armed forcing you to pay TX fees.
ARMORY forces me to pay the ridiculous fee!
Don't use Armory then.
Even Bitcoin-qt forces it, or so I heard

Or if you have the skill, download the Armory source code and remove the fee requirement.


Are you serious? That is so--

Wait a minute, I can hire someone in the services sub-forum to do that for me
legendary
Activity: 4522
Merit: 3426
September 29, 2014, 07:30:03 PM
#10
I pay zero fee TXs all the time and they get confirms.
The Constitution only applies to the government.
Nobody is armed forcing you to pay TX fees.
ARMORY forces me to pay the ridiculous fee!
Don't use Armory then.
Even Bitcoin-qt forces it, or so I heard

There are plenty of wallets that don't force you to pay a fee. Or if you have the skill, download the Armory source code and remove the fee requirement.
legendary
Activity: 3038
Merit: 1032
RIP Mommy
September 29, 2014, 07:29:34 PM
#9
I pay zero fee TXs all the time and they get confirms.
The Constitution only applies to the government.
Nobody is armed forcing you to pay TX fees.
True, but paying at least a  small txn fee helps the protocol.

How? The protocol says I don't have to pay a fee for my aged coin TXNs to be relayed.

Try paying a satoshi to one of your alternative wallets with a 0.00000000 BTC fee

Sending only "a satoshi" harms the protocol, fee or no fee. Don't do that.
Pages:
Jump to: