Bitcoin Transaction Fee at 9-Month High Reinforcing ...

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Subreddit for BCexchange (short for ​Blocks & Chains Decentralized Exchange). B&C Exchange will be an open-source decentralized exchange that completes cryptocurrency trades between users by utilizing multisig signers that compete for blockchain rewards based on their effectiveness and honesty. Trades occur using real cryptocurrencies such as Bitcoin and NuBits.
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Bitcoin SV 1.0.5 is released today and contains free consolidation transactions, meaning you will not have to pay mining fees anymore when consolidating small utxos, as Satoshi envisioned

Bitcoin SV 1.0.5 is released today and contains free consolidation transactions, meaning you will not have to pay mining fees anymore when consolidating small utxos, as Satoshi envisioned submitted by zhell_ to bitcoincashSV [link] [comments]

Bitcoin SV 1.0.5 is released today and contains free consolidation transactions, meaning you will not have to pay mining fees anymore when consolidating small utxos, as Satoshi envisioned

Bitcoin SV 1.0.5 is released today and contains free consolidation transactions, meaning you will not have to pay mining fees anymore when consolidating small utxos, as Satoshi envisioned submitted by zhell_ to bitcoinsv [link] [comments]

09-20 16:25 - 'dumb idea to pay 4 usd in fees for a 2 usd drink... use monero, im sorry, but its just superior. 1-5 cents fee per transaction, fully private, softcapped so it wont die after last one is mined' by /u/cerpadlo removed from /r/Bitcoin within 37-47min

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dumb idea to pay 4 usd in fees for a 2 usd drink... use monero, im sorry, but its just superior. 1-5 cents fee per transaction, fully private, softcapped so it wont die after last one is mined
'''
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Author: cerpadlo
submitted by removalbot to removalbot [link] [comments]

Need your input on fees I'm paying for every transaction in exchange. (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

How do I pay for something using Bitcoin? What about bitcoin transaction fees, local exchange rates & blockchain confirmation times? [Bitcoin Basics Podcast]

How do I pay for something using Bitcoin? What about bitcoin transaction fees, local exchange rates & blockchain confirmation times? [Bitcoin Basics Podcast] submitted by CoinCompassBTC to Bitcoin [link] [comments]

How do I pay for something using Bitcoin? What about bitcoin transaction fees, local exchange rates & blockchain confirmation times? [Bitcoin Basics Podcast] (x-post from /r/Bitcoin)

How do I pay for something using Bitcoin? What about bitcoin transaction fees, local exchange rates & blockchain confirmation times? [Bitcoin Basics Podcast] (x-post from /Bitcoin) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Bitcoin SV 1.0.5 is released today and contains free consolidation transactions, meaning you will not have to pay mining fees anymore when consolidating small utxos, as Satoshi envisioned

Bitcoin SV 1.0.5 is released today and contains free consolidation transactions, meaning you will not have to pay mining fees anymore when consolidating small utxos, as Satoshi envisioned submitted by zhell_ to crypt0snews [link] [comments]

A common response I see to justifying high transaction fees is: "If Bitcoin hits $100,000 then I don't care about paying a $500 fee!" That is a very selfish and short-sighted view.

It's very SELFISH and short-sighted to justify high transaction fees just because you think the coin might hit $100,000.
The higher fees go, the more of the world is shut off from the ability to avail themselves of the freedom of money. So just because you can afford it, doesn't mean that the rest of the world can. Bitcoin is about helping the WORLD.
To these people who justify high fees with a high price: Think a little outside yourself and stop being so selfish.
 
(This is a follow-up to the video I recently made predicting how high will BTC fees go next bull run: https://youtu.be/xcGxjb_PsiM )
submitted by ColinTalksCrypto to btc [link] [comments]

Three years ago today Xapo stopped paying Bitcoin miner transaction fees for users because it was getting too expensive for them!

Three years ago today Xapo stopped paying Bitcoin miner transaction fees for users because it was getting too expensive for them! submitted by MemoryDealers to btc [link] [comments]

"If Bitcoin hits $100k, I don't care about paying a $500 transaction fee!" (common statement I see) — Why This is Selfish & Short-Sighted

submitted by ColinTalksCrypto to btc [link] [comments]

Why's bitcoin not like a queue(first in, first out) and transaction fees fixed ? this way users don't have to fight with other users willing to pay very high fees. (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

A common response I see to justifying high transaction fees is: "If Bitcoin hits $100,000 then I don't care about paying a $500 fee!" That is a very selfish and short-sighted view.

It's very SELFISH and short-sighted to justify high transaction fees just because you think the coin might hit $100,000.
The higher fees go, the more of the world is shut off from the ability to avail themselves of the freedom of money. So just because you can afford it, doesn't mean that the rest of the world can. Bitcoin is about helping the WORLD.
To these people who justify high fees with a high price: Think a little outside yourself and stop being so selfish.
 
(This is a follow-up to the video I recently made predicting how high will BTC fees go next bull run: https://youtu.be/xcGxjb_PsiM )
submitted by ColinTalksCrypto to Bitcoincash [link] [comments]

"If Bitcoin hits $100k, I don't care about paying a $500 transaction fee!" (common statement I see) — Why This is Selfish & Short-Sighted

submitted by ColinTalksCrypto to CryptoCurrency [link] [comments]

05-18 04:24 - 'its the software that calculates the fee that is the issue, and its a common thing across all services that uses em. look at the chain and you'll see that most transactions pay 20 to 100x more than they need to in fees f...' by /u/OverLeveraged14 removed from /r/Bitcoin within 2-12min

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its the software that calculates the fee that is the issue, and its a common thing across all services that uses em. look at the chain and you'll see that most transactions pay 20 to 100x more than they need to in fees for a long time following a day of high traffic.pretty clear example going on right now. [[link]2
edit : always use a wallet that lets you set custom fees.
'''
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Author: OverLeveraged14
1: jo**en-hoeni***.de/*ueue/#0,** 2: jochen-hoe**ck**de/queu*/**,2d]^^*
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

I'd rather pay a small transaction fee with Bitcoin than letting central bankers fuck around with printing their fake money.

submitted by Henrythe1st to Bitcoin [link] [comments]

"If Bitcoin hits $100k, I don't care about paying a $500 transaction fee!" (common statement I see) — Why This is Selfish & Short-Sighted

submitted by ColinTalksCrypto to Bitcoincash [link] [comments]

I was looking for a way to save on transaction (Tx) fees during peak network congestions and came across this great resource that provides insights on how to save on tx fee simply based on the type of bitcoin wallet I am using, apparently, a well-optimized bitcoin wallet pays less Tx fees.

I was looking for a way to save on transaction (Tx) fees during peak network congestions and came across this great resource that provides insights on how to save on tx fee simply based on the type of bitcoin wallet I am using, apparently, a well-optimized bitcoin wallet pays less Tx fees. submitted by primalfabric to Bitcoin [link] [comments]

March 16, 2017: Rising Bitcoin fees force Xapo and other exchanges to stop paying miner transaction fees for users.

March 16, 2017: Rising Bitcoin fees force Xapo and other exchanges to stop paying miner transaction fees for users.
Three years ago today Xapo stopped paying Bitcoin miner transaction fees for users because it was getting too expensive for them.
Jamie Redman had some good coverage for Bitcoin.com about it.
The news follows almost two weeks worth of backed up transactions filling the mempool. Currently, the backlog has over 200,000 unconfirmed transactions at the time of writing and has been this way for the past 36 hours.
So far lots of people have been waiting over six hours to three days for one confirmation and have been complaining throughout forums. Furthermore, fees are higher than ever as May 16 reveals many people were paying upwards of $2 per transaction. Last week the average transaction cost for a normal 226KB tx was $1-1.50, and people still criticized wait times. People complaining about rising fees could be seen coming from both small blockers and big blockers over the past week.
https://preview.redd.it/mw2quvx8i5z41.png?width=966&format=png&auto=webp&s=77f04ccff5e9169a0cca8a00e26fd9f417117c42
submitted by mkgll to btc [link] [comments]

"So here's my first taste of Bitcoin Cash. Bought Bitcoin with Alipay first, then realized I've got to pay for a nearly 66% transaction fee. Bought Bitcoin Cash in panic. Lost some silver but I think the new rate will allow me to play around. So what exactly can I buy with it?"

submitted by Egon_1 to btc [link] [comments]

$670M Bitcoin Transaction Pays 26c Fees (Try That, Gold)

$670M Bitcoin Transaction Pays 26c Fees (Try That, Gold) submitted by yandabanda to CryptoCurrencies [link] [comments]

Nightmare Come True: User Pays $2.6 Million in Transaction Fees to Send $134 of Ether | Altcoins Bitcoin News

Nightmare Come True: User Pays $2.6 Million in Transaction Fees to Send $134 of Ether | Altcoins Bitcoin News submitted by DarkestChaos to crypt0snews [link] [comments]

Nightmare Come True: User Pays $2.6 Million in Transaction Fees to Send $134 of Ether | Altcoins Bitcoin News

Nightmare Come True: User Pays $2.6 Million in Transaction Fees to Send $134 of Ether | Altcoins Bitcoin News submitted by DarkestChaos to crypt0snews [link] [comments]

Why Bitcoin fees are so heigh? How to pay less transaction fee? How To PAY LESS FEES for Bitcoin transactions with JAXX WALLET Free bitcoin mining and withdraw without fee - YouTube Bitcoin Fees and Unconfirmed Transactions - Complete ... How To PAY LESS FEES when using BLOCKCHAIN WALLET

How Transaction Fees Work. A transaction (tx) fee is a small amount of bitcoin included in a transaction that rewards miners for validating a payment, which results in confirmation on the ... Bitcoin Transfer Fee Climbs to 2020 High. Data from crypto on-chain analytics platform Bitinfocharts.com shows that the average Bitcoin transaction fee has risen to a new 2020 high. Indeed, the transfer cost peaked at $2.944 at the end of March but has since retreated to $1.831 — a level not seen since mid-August 2019. The transaction fee you pay will only affect the time you have to wait until the first confirmation. When making a Bitcoin transaction, recipients usually require somewhere between 2 and 6 confirmations to consider the transaction as valid. For example, if your transaction is 600 bytes and you pay a fee of 10,000 Satoshis you will be in the 16.66 Satoshi per byte section (10,000/600=16.66). At the time of writing this post, this will ... Bitcoin Fees Bitcoin Transaction Fee Chart Bitcoin Fee Calculator Bitcoin Fee Rate – Up to Date Promotions, Information and News about Current Bitcoin Fees. Get the Best and Top Reviews . Win cryptocurrencies! Play and win now on the world’s best cryptocurrency gambling platforms: SHARKOIN.com World’s largest gambling platform! SharkRoulette.com A fantastic European Roulette ...

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Why Bitcoin fees are so heigh? How to pay less transaction fee?

Bitcoin Fees and Unconfirmed Transactions - Complete Beginner's Guide - Duration: 14 ... How To PAY LESS FEES when using BLOCKCHAIN WALLET - Duration: 5:37. OJ Jordan 4,487 views. 5:37 . Using ... How To PAY LESS FEES for Bitcoin transactions w Ledger Nano S - Duration: 7:29. OJ Jordan 3,523 views. 7:29. Exodus Cryptocurrency Wallet Fees (Stop Paying) - Duration: 4:55. ... If you are new to Bitcoin, you will find it hard to get your hands on some at first so here is a list of the most popular websites to buy Bitcoin. 🚩 Get $10 worth of Bitcoin on your first $100 ... Long ago, the bitcoin network offered space in each block for transactions that did not pay any fee. That's right: zero fees. This space was removed in early 2016, in the face of growing network ... This video explains what Bitocin fees are and when will you be required to pay them. For more information and tutorials on Bitcoin visits http://99bitcoins.com.

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