Quote from: jimmypagey on November 26, 2013, 07:54:47 AM

so how much should I pay for a fast transaction of 5 bitcoins? or even 2 bitcoins at a time because ill be splitting up all of them out of 28 bitcoins. What will my transaction fee be??

The answer to your question is complicated. But leaving out the math,

If your wallet has been made by you receiving payments of 0.001 BTC at a time, there is no way you can make a 5 bitcoin payment in one transaction because your transaction would exceed the limit on the size of the block.

If your wallet has been made by you receiving payments of 0.01 BTC at a time, your fee would be 10.3 millibitcoin (or about 80 cents US at current prices) but might take a very long time to confirm because its size is huge in bytes.

If your wallet has been made by you receiving payments of 0.1 BTC at a time, your fee would be 1.1 millibitcoin (or about 8 cents US at current prices)

If your wallet has been made by you receiving payments of 1 BTC at a time, your fee would be 0.1052 millibitcoin (about 0.8 cents US at current prices). But this transaction will be free if you owned at least 5 coins with an average age of at least 2.77 hours before you make this transaction.

If your wallet has been made by you receiving payments of 10 or more BTC at a time, 0.1 millibitcoin (or about 0.8 cents US at current prices)
But the transaction is free assuming you got at least one of those payments more than 1.4 hours before you make this transaction.

In each case the transaction fee your client asks for may be lower, down to about 9/10 of the above estimate depending on rounding errors and the key size your client uses in the transaction inputs. As far as I can tell there's no way of knowing this.