Quote from: bigmaq on May 22, 2017, 08:08:51 PM

OK with all the posts about transactions fees and transaction holds etc .. thought I'd post my experience ..

I have just transferred 2 Bitcoin from my Kraken trading account to my blockchain wallet ... cost of transaction: 0.0005 bitcoin so actual coins received in wallet 1.9995 ... 4 confirmations received within 20 minutes (19 minutes to be exact)

Personally I was expecting maybe a day for the transaction to be completed lol (especially with all the scary posts on the forum) so 20 minutes was pleasantly surprising.

The problem isn't here.

No one ever said that btc was not great for those kind of transactions... But you pais 0.5mbtc so around 1.5$ at current rate.
Of course if you send 2 btc (so arounf 5000$) it's nothing!
But people are complaining because they want to do transactions of 20$ or something like this, and at this moment anyone wanting to do this must pay 5% of the amount sent in fees. And THAT is something that people don't really like ^^