Post
Topic
Board Bitcoin Discussion
Re: Fees when bitcoin "skyrocket"
by
errornone
on 22/07/2015, 16:51:16 UTC
A fee at this moment is a very low value in USD (0,0001 BTC / 2cents).

But - lets hope and pray - when bitcoin skyrocket to prices like 1 btc = 100000$, the fees will be huge in fiat value!! People, for a transaction of 10USD (0,0001BTC) would pay 10USD in fees too!!!

Or am i missing something here?

(...)
Just to be clear, you can change the fee to zero if you want, it just means it'll take longer for a confirmation, and miners should be given something for their hashing power.

if my transaction is lower than 0.01 BTC we CAN'T change the fee to zero. You have to pay the fee, sadly.
This happens to discourage dust spam:

"2. Discourage "dust" spam
If any of the outputs (including any change) of your transaction are less than 0.01 XBT, then a fee of 0.0001 XBT is required. The coin selection algorithm is careful to avoid selecting coins that result in a change amount of less than 0.01 XBT if at all possible."



Right?


so, anyone would help me with this?