Post
Topic
Board Development & Technical Discussion
Re: Bitcoin Fees - $59! Holy shit!
by
Wicked17
on 23/10/2017, 05:41:25 UTC
Just watched a vid on Youtube posted yesterday by Rover Ver. He said that it cost him $59 to send Bitcoin. Jesus Christ, that's bloody ridiculous! Those miners are incredibly greedy and will send Bitcoin to the ground if that's the case. Who the hell is going to use Bitcoin for everyday transactions when it costs you $59 to buy a pack of chewing gum? Imagine going to buy a cup of coffee and you need to wait a few hours before the retailer can confirm your payment went through before they let you out of the shop.

it depends on the size of the value of the transaction being sent or receive. In some wallet you can customize the fee per byte of your transaction. My normal fee i am using is 50 per byte so if i am sending around 50 bucks my fee would be 2$ per transaction. In his case maybe he send a high value of bitcoin because the transaction fee is 59$