Post
Topic
Board Bitcoin Discussion
Re: How do if the Bitcoin Sending Fee will be super high or super low?
by
cryptjh
on 25/03/2019, 07:25:31 UTC
Do I find out the hard way after I make my purchase with the educated guess that Bitcoin pricing is stable long enough that from my understanding the more popular Bitcoin is worth and the more money each Bitcoin is worth among other factors is what influences the Bitcoin Fee is there an app of some sort I can use on my Cell Phone to let me know the current Blockchain Wallet Sending Fees will be as that is the Wallet I am using for simply Sending Bitcoin into and Sending out of. 


  Any help explaining how this works would be greatly appreciated as it is frustrating not knowing what my Bitcoin Fee is going to be hence I don't know how much money in Bitcoin more than what I am spending on my purchase that I need to acquire?

I think this website is good to visit if you want to see the latest paid transactions fees
https://bitcoinfees.earn.com/

According to this website the "the median transaction size of 224 bytes, this results in a fee of 2,240 satoshis." for a median bitcoin transaction today, but that number can change each day.

Right now you can just use the lowest possible fees your wallet allows you to do, and your transactions will go through within in a few blocks, and not more than one hour.

Here you can see the numbers of unconfirmed transactions, waiting to be sent
https://www.blockchain.com/btc/unconfirmed-transactions

And here you can see how many real transactions that each block have

https://www.blockchain.com/charts/n-transactions-per-block