Topic: Transaction FEES 0.00133153 BTC !!! - page 3. (Read 5005 times)
i think is no problem cause price btc now is very high, then i only get bitcoin for free never use my real money for buy bitcoin
The fees to make small transactions make currently Bitcoin not good. It fails to fill the needs for tiny transaction. It's better to use some others altcoins where the fees are near to zero. But when you are sending for example 1BTC who gives a fuck to pay 5$. I do admit not everyone send 1BTC often
Yes the lowest fee is 0.001BTC i guess. This is the disadvantages of bitcoin, the higher the value of bitcoin become, the higher the transaction fee becomes. It would be hard for the people who is starting in bitcoin industry to do transactions one good example is the newbies or jr. Members here at the forum who wants to transafer their funds to other wallets like paper wallet for saving purposes.
its always been discussed but still no actual solution about this high fee's since we see how big bitcoin value right now, I'm not sure if the incoming fork will make some good correction about this or it will be lessen though I don't have any idea what will happen then, I'm just waiting and hoping for the best ofour investment.
This is part of the problem ---> https://bitcoinfees.21.co/ ---> https://bitinfocharts.com/comparison/bitcoin-transactionfees.html
We can't really blame the specific sites we use. It just seems that the days of a bitcoin micro-payment platform are gone. VISA is a far cheaper and faster method of engaging in the day to day transactions we encounter. Hopefully more markets start accepting bitcoin cash so that maybe we can engage in the markets again without being gouged!
We can't really blame the specific sites we use. It just seems that the days of a bitcoin micro-payment platform are gone. VISA is a far cheaper and faster method of engaging in the day to day transactions we encounter. Hopefully more markets start accepting bitcoin cash so that maybe we can engage in the markets again without being gouged!
I agree Visa is faster than Bitcoin but cheaper it depends on the side you are seeing it. As user yes sure but as merchanets not sure. Merchants are charged a percentage by Visa when you're paying with a card.
The only think i'm trying to do - using some alts... etherium for example.
Or sometime I'm using low fee (about 0.57$)... But it going about 12-24 hours. Few times many days it didn't go, so I need rise fee, but rising is again about 5$...
Or sometime I'm using low fee (about 0.57$)... But it going about 12-24 hours. Few times many days it didn't go, so I need rise fee, but rising is again about 5$...
Yes the lowest fee is 0.001BTC i guess. This is the disadvantages of bitcoin, the higher the value of bitcoin become, the higher the transaction fee becomes. It would be hard for the people who is starting in bitcoin industry to do transactions one good example is the newbies or jr. Members here at the forum who wants to transafer their funds to other wallets like paper wallet for saving purposes.
That is too much for a fee. Well in our wallet in philippines it can cost up to .009 just for a high transaction speed.
Wow! Did you paid BTC0.009 ($40) as transaction fee for a single transaction? That's a new high. Take my advice. Wait for a few days, or even weeks. There is no point in paying this much as the tx fee. You can send the coins at a later time, when the fee gets lower.
That is too much for a fee. Well in our wallet in philippines it can cost up to .009 just for a high transaction speed. And the low priority can cost up to 0.003 BTC per transaction. There is alot of transactions that are going on the blockchain. Just use blockchain as a wallet so you can make the fee into custom. (It will takes days if your fee is too small for what you are sending.)
There's nothing you're going to do that's going to change and other companies face. And you should want to. That is it those fees to keep that change rolling that in the block Rewards. If you're not prepared to pay then don't touch the currency.
i think if we want to avoid high fees, we can buy altcoin in one exchange and then send the altcoin into another exchange and then we can sell it for bitcoin. after we have bitcoin in another exchange, then we can withdraw into fiat. sometime i use this and its help me a lot to save the fee and i think the fee for sending altcoin into another exchange is not too big.
What the!!! More than 5$ as a fee, it's so much. But you can't do anything. Only you can do that avoid this exchanger use other exchangers. You can transfer your moneys with Wings to another exchanger. I use this, it only cost 2/3 wings.
This fee applies only if you want your transaction be confirmed by next block. If you can wait 5 blocks before it gets on to the train, then the fee would be 1/10 of it.
1/10th of that fee would be around 13k satoshis~ and in no world would it confirm within the next 5-10 blocks. There is a threshold of fees predetermined by the miners and they completely ignore transactions as such with very less fees until a miner just says let's push it through and mine it or you decide to accelerate the transaction.
Just now make a withdraw from Bitgrail and it take 0.00133153 BTC ($5.49 ) as a fee !! (https://live.blockcypher.com/btc/tx/cdf1dc891dfc0bd827b3b4f442ab5095e5073486bce9711fde859da7fccf7ecb) Oh my God! I think it's too many fees for a transation. How to overcome this high fee? Do you follow any special tips to overcome high Bitcoin fee?
Badly i need to know any good tips about it. Someone help me please.
Best regards
Mkmanik
Unfortunately, you can't do anything because Bitgrail gives the fees for cashing out and since it is a small exchange they will give a higher fee next time use bittrex or poloniex for a lower fee second segwit will be activated in few days so, the fees will be lower again. but for now all you need to do is wait. Badly i need to know any good tips about it. Someone help me please.
Best regards
Mkmanik
This is part of the problem ---> https://bitcoinfees.21.co/ ---> https://bitinfocharts.com/comparison/bitcoin-transactionfees.html
We can't really blame the specific sites we use. It just seems that the days of a bitcoin micro-payment platform are gone. VISA is a far cheaper and faster method of engaging in the day to day transactions we encounter. Hopefully more markets start accepting bitcoin cash so that maybe we can engage in the markets again without being gouged!
We can't really blame the specific sites we use. It just seems that the days of a bitcoin micro-payment platform are gone. VISA is a far cheaper and faster method of engaging in the day to day transactions we encounter. Hopefully more markets start accepting bitcoin cash so that maybe we can engage in the markets again without being gouged!
This fee applies only if you want your transaction be confirmed by next block. If you can wait 5 blocks before it gets on to the train, then the fee would be 1/10 of it.
LOL, the fee increase because of the price of bitcoin you know, and it seems that the exchange you were using don't want to suffer from the lost of giving free money to pay off their clients debts about fee, so they just charges you high amount of bitcoin just for a mere fee. That nuts but realistic.
No even the price is increasing in BTC to USD still the price also of transaction fee is too high not like before you can transact even 50k sat but not you can not transact that small amount of btc thats means that the price of transaction fee also increase in this few months
LOL, the fee increase because of the price of bitcoin you know, and it seems that the exchange you were using don't want to suffer from the lost of giving free money to pay off their clients debts about fee, so they just charges you high amount of bitcoin just for a mere fee. That nuts but realistic.
Fees climb now as high as 200k satoshis. Very high. Segwit is on time to make something for it.
Just now make a withdraw from Bitgrail and it take 0.00133153 BTC ($5.49 ) as a fee !! (https://live.blockcypher.com/btc/tx/cdf1dc891dfc0bd827b3b4f442ab5095e5073486bce9711fde859da7fccf7ecb) Oh my God! I think it's too many fees for a transation. How to overcome this high fee? Do you follow any special tips to overcome high Bitcoin fee?
Badly i need to know any good tips about it. Someone help me please.
Best regards
Mkmanik
Badly i need to know any good tips about it. Someone help me please.
Best regards
Mkmanik
It's too much, i just hope transaction fees will be lowered after a certain updates. I'm also seeking for a lower transaction fee, let's just wait for more time and i think this will be solved after some of the updates.
google tells me that bitgrail is a small exchange! if you paid 0.0013BTC in fees then there is nothing you can do about it, you can complain to that exchange why they are taking that big a fee from you. or stop using it and use another exchange that takes a smaller fee for withdrawals. for example i heard that poloniex and bitstamp are taking 0.0001BTC fee!
I have the same advise with OP...if there is a chance you can use another good service aside from this Bitgrail then do so. Bitgrail must be charging more than what the miners are charging because it too want to have some profits in all transactions that it handled...sometimes we also have to understand that they are in business and as such have to make some handsome profits along the way. It is all your choice now to leave or not to leave.
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