Post
Topic
Board Bitcoin Discussion
Re: Damn fees!
by
UsernameBitcoin
on 25/12/2017, 23:47:13 UTC
OK, I reran my transaction by buying Ethereum and it confirmed essentially instantly.
BTC confirmed after over 2 hours.

So the transaction model is if your trading partner takes an altcoin that your exchange supports is to convert to the altcoin and run the transaction.

BTC is a long term store of value,  I am happy to put my liquid cash there even for a few weeks and take it out when I need it.

May I ask how did you Bitcoin transaction clear after just 2 hours?

The current fees state to get your tx confirmed in under 2 hours takes a very large percentage of fees.

Are you really willing to lose such a percentage of your Bitcoin just to confirm your transaction that fast?