Post
Topic
Board Bitcoin Discussion
Re: Fees high
by
btctaipei
on 26/11/2020, 22:26:21 UTC
I wonder how they will adopt to the system now that it's very and critically high. Even the middle man is still yet to get over with it left alone the amateur.

I am doing alot of on street transactions with fees are at around 53 sat/byte.
For high security / full privacy transactions my  average are around 433 bytes which costs about 20k sats
the fee is now around 4 bucks.

sometime if someone wants an full btc for example for a full bech32 output it costs only 148 bytes which are approx $1.50

It clears in 30-40 minutes while we both have drinks.

Not too bad for an $20,000 transaction.