Post
Topic
Board Speculation
Re: Have the fees gone down?
by
pooya87
on 23/02/2018, 04:46:25 UTC
I just transferred about 1 BTC to a wallet and the fee was something like 20 cents. Is that right? I recall having fees of $25 back in December for the same amount. I'm using Segwit by the way.

a lot of things are not right here.
1. you transferred BTC but you are talking about fees in $
2. you didn't say how big your transaction size was in bytes. 20 cents may be huge for one tx and too small for another
3. if we assume your tx size was the usual 226 bytes then you paid at least 10 times the fee that you should have paid. mempool is empty right now and less than 1 satoshi/byte transactions can go though as high priority which means 1-2 cent fees