Why Transaction taking large fees? | Bitcointalksearch.org

CryingMidget

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Activity: 434

Merit: 250

Quote from: OpenTalkLab on June 03, 2016, 09:25:22 AM

hi guys

I am using blockchain wallet and suddenly something weird happening with me.Every transaction size is too big from past and taking large fees why?

My bitcoin address : https://blockchain.info/address/1HXPsg8gZJDashUtbgbpMBNSLYEfWg44Eq

Regards

Please go to the account settings and change the transaction rate according to your wish then after that transaction charges difference We can see from the there. I suggest you to make transaction charge to normal, To make transaction confirmation will ensure faster with low transaction fees...

merelcoin

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Activity: 675

Merit: 504

Quote from: KenR on June 03, 2016, 09:47:21 AM

That is actually quite surprising as I have never seen this before ,for the amount of bitcoins you're sending,the transaction fees is good enough.Also why the transaction is listed as medium priority ? Unspent outputs ? Odd behavior.Was blockchain your source wallet or you broadcasted the transaction with QT ?

https://blockchain.info/tx/bc71761d9b50937445f5b1b037299d3b2edcdeed5e19faecd8e6d314db7aad73
=> 60.000 satoshi's divided by 4208 bytes = 14 satoshi's per byte

https://blockchain.info/tx/42558a7748aead5dc3dce03f85d80f2227e3788a7b92f8a80c3cd659ea187bfb
=> 30.000 satoshi's divided by 1549 bytes = 19 satoshi's per byte

https://bitcoinfees.21.co/ advises 60 satoshi's per byte at this moment... So medium priority is rather normal

KenR

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「きみはこれ&#

That is actually quite surprising as I have never seen this before ,for the amount of bitcoins you're sending,the transaction fees is good enough.Also why the transaction is listed as medium priority ? Unspent outputs ? Odd behavior.Was blockchain your source wallet or you broadcasted the transaction with QT ?

pedrog

legendary

Activity: 2786

Merit: 1031

Quote from: OpenTalkLab on June 03, 2016, 09:35:57 AM

Quote from: pedrog on June 03, 2016, 09:34:06 AM

Can you explain a little better what the problem is?

When i am sending bitcoin transaction size is too big !

https://blockchain.info/tx/bc71761d9b50937445f5b1b037299d3b2edcdeed5e19faecd8e6d314db7aad73

https://blockchain.info/tx/42558a7748aead5dc3dce03f85d80f2227e3788a7b92f8a80c3cd659ea187bfb

I never had that big size transaction also its taking larger fees.

Well, you have quite a few outputs, that makes the transaction bigger.

With the network congestion you need to pay bigger fees if you want your transaction included, this may be automatically calculated by Blockchain.info wallet, you can make your own custom transaction and pay whatever fee you want, bear in mind it may take a while until confirmed if you pay too little.

OpenTalkLab

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Activity: 280

Merit: 250

Quote from: pedrog on June 03, 2016, 09:34:06 AM

Can you explain a little better what the problem is?

When i am sending bitcoin transaction size is too big !

https://blockchain.info/tx/bc71761d9b50937445f5b1b037299d3b2edcdeed5e19faecd8e6d314db7aad73

https://blockchain.info/tx/42558a7748aead5dc3dce03f85d80f2227e3788a7b92f8a80c3cd659ea187bfb

I never had that big size transaction also its taking larger fees.

pedrog

legendary

Activity: 2786

Merit: 1031

Can you explain a little better what the problem is?

OpenTalkLab

sr. member

Activity: 280

Merit: 250

hi guys

I am using blockchain wallet and suddenly something weird happening with me.Every transaction size is too big from past and taking large fees why?

My bitcoin address : https://blockchain.info/address/1HXPsg8gZJDashUtbgbpMBNSLYEfWg44Eq

Regards

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