Post
Topic
Board Bitcoin Discussion
Re: Estimate the minimum TX fee to get a tx into thr blocks 420,000 or 420,001!
by
Sir_lagsalot
on 10/06/2016, 10:40:13 UTC
- You are making a 1 input 1 output transaction
Bad assumption. If we have learned anything, then we know that the majority of the TX's are much bigger. If anyone is wondering how they would create a TX with 1 input and 1 output: e.g. Pick 1 input, send to exact same amount to another address while deducting the fee from the amount (there must be no change).
My bad. Didn't think that through. A guestimate from me would be one to find 5 inputs (That's how many addresses I have with unspent balances rn) and 2 outputs.

I'm going to say a 0.0007-0.001 fee
Random numbers don't help.

I wouldn't say it was totally random. I've once gotten a 0.0005 tx (one input two outputs) delayed 3 blocks.