Post
Topic
Board Bitcoin Discussion
Re: ToominCoin aka "Bitcoin_Classic" #R3KT
by
franky1
on 28/05/2016, 21:08:14 UTC
So much "congestion"  Cry Cry Cry

https://bitcoinfees.21.co/

Which fee should I use?

The fastest and cheapest transaction fee is currently 60 satoshis/byte, shown in green at the top.
For the median transaction size of 226 bytes, this results in a fee of 13,560 satoshis (0.05$).


ZOMG 5 CENTS

SATOSHI'S PRECIOUS BABY IS CRIPPLED.  AND STRANGLED.

WHO WOULD EVER PAY 5 CENTS FOR FINANCIAL SOVEREIGNTY WHEN THAT MUCH MONEY MIGHT BUY A CHICLE IN RURAL CUBA?

median transaction size of 226byte??
i think u meant minimum not median

after all most blocks are averaging about 2500tx not 4424tx.. so get with reality..

the AVERAGE transaction size of 400byte = 0.00024btc = slightly over 0.11$

which is a 6x increase in under a year...

note i could use 500byte as that is a more fair amount. but i actually tried to do you down players a favour by rounding the average up to 2500tx a block(400byte) instead of down to 2000tx a block(500byte).
i even rounded down the 0.1164$ to 11 instead of up to 12.. just to be helpful to you down players...
i even rounded the dollar valuation down to the days average of $485 instead of the exact price at time of posting of $498

but if you want to knit pick, you wont like the actual numbers because it would get worse for you and hurt your down playing motives
(454byte(2200tx)=0.0002724btc fee = $0.1356552($498 valuation)