Yes, but that's adding it to the immediate next block (or with a high likeliood to do so). I don't think there is a point to set the fees so high, if you move it down a tiny amount to say "5 blocks" then it'll be a little cheaper (I think).


Use dynamic fee means that it changes with the network.
Your current fee changes with the network now as that is selected.
This figure is based on lots of things suh as averages for a specific amount of times and the likelihood of transactions being included in blocks. If the average transaction fees used are 0.002BTC instead of 0.001BTC then dynamic fees for the maximum fee will be moved up to 0.002BTC. The others are calculated from how miners mine blocks (whcih takes into consideration the age of a transaction and the fee included with it).  :'